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By Staff Report / Tuesday, September 8th, 2020 / Banking & Finance, Latest news, Law & Goverment, Real Estate, South Coast, Technology, Tri-County Economy, Tri-County Public Companies / Comments Off on AppFolio to sell legal unit for $193M
In a move that reflects a shifting landscape for the software business, Goleta-based AppFolio said Sept. 8 that it is selling its MyCase legal practices suite of services for $193 million to a group of private equity funds. The all-cash deal concentrates AppFolio’s services in the real estate management field, where it has carved out Read More →
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By Henry Dubroff / Thursday, September 3rd, 2020 / Central Coast, Latest news, South Coast, Tri-County Economy / Comments Off on Carbajal expects more stimulus funds
An agreement on a new round of stimulus funding, including payment to individuals and additional funding for small business, is likely to be reached in mid-September, says U.S. Rep. Salud Carbajal, D-Santa Barbara. In a Sept. 2 phone interview with the Business Times, Carbajal said he expects the White House and House Speaker Nancy Pelosi Read More →
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By Marissa Nall / Tuesday, September 1st, 2020 / Energy, Higher Education, Latest news, Law & Goverment, South Coast, Technology, Tri-County Economy / Comments Off on UC files new complaint in lightbulb licensing dispute
Efforts to secure licenses for UC Santa Barbara’s LED lighting patents entered a new chapter on Aug. 31, with the launch of a second round of complaints against major retailers. Filed by Nixon Peabody on behalf of the Regents of the University of California, the complaint calls for an ITC investigation of imports by General Read More →
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By Staff Report / Monday, August 31st, 2020 / Latest news, Law & Goverment, South Coast, Tri-County Economy / Comments Off on Montecito man gets 3 years for stock fraud scheme
Efstratios “Elias” Argyropoulos of Montecito was sentenced Aug. 31 to three years in federal prison for defrauding 130 investors out of more than $3.4 million, federal prosecutors announced. Argyropoulos was the president and sole shareholder of the financial services firm Prima Ventures from 2010 to 2015. During that time, he told investors he had the Read More →
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By pacbiztimes / Thursday, August 27th, 2020 / Health Care & Life Science, Latest news, Law & Goverment, Small Business, South Coast, Subscriber content, Top Stories, Top Story, Tri-County Economy, West Ventura County / Comments Off on Ventura, Santa Barbara counties go to court to shut down gyms
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By Staff Report / Wednesday, August 26th, 2020 / Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Revenue up at Semtech, down at QAD
Two of the region’s top technology companies reported second quarter earnings on Aug. 26, with results underscoring how the Internet of Things and cloud computing are transforming established players in semiconductors and software. Camarillo-based Semtech Corp, with a market cap of slightly more than $4 billion, said sales for the second quarter were $143.7 million, Read More →