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By Stephen Nellis / Friday, December 20th, 2013 / Technology, Top Stories, Tri-County Public Companies, West Ventura County / Comments Off on Clean Diesel changes ethics rules after $1.9M federal fine
The CEO of Ventura-based Clean Diesel Technologies has stepped down after a year on the job, a move that likely reflects a faltering relationship with Italian tire-maker Pirelli. In a separate announcement, the company said it has amended its ethics code in light of a $1.9 million fine from federal labor regulators over a whistleblower complaint.
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By Staff Report / Thursday, December 19th, 2013 / Earnings, Technology, Tri-County Public Companies / Comments Off on Semtech shares sink on lower earnings outlook
Shares of Camarillo-based Semtech Corp. plunged 11.2 percent on Dec. 19 after the company downgraded its revenue and profit outlook for the fourth quarter.
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By Staff Report / Tuesday, December 17th, 2013 / Health Care & Life Science, Technology, Top Stories / Comments Off on Amgen spinout Atara raises $38.5 million
Atara Biotherapeutics, a Thousand Oaks firm that emerged last year with major Silicon Valley backers and licenses to develop six Amgen assets, has raised $38.5 million to pursue treatments for dialysis complications and ovarian cancer.
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By Stephen Nellis / Friday, December 13th, 2013 / Central Coast, Features, Small Business, Technology / Comments Off on Lockheed relies on Trust: Motion-control firm lands defense contract
San Luis Obispo-based Trust Automation is rapidly expanding on the heels of an important defense contract.
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By Staff Report / Thursday, December 12th, 2013 / Central Coast, Latest news, Technology / Comments Off on Digital West adds New York node, looks to Australia
San Luis Obispo-based Digital West Networks has added a data co-location center in New York and is set to bring another online in Australia early next year.
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By Staff Report / Tuesday, December 10th, 2013 / Banking & Finance, East Ventura County, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on Salem buys Twitchy.com from Michelle Malkin
Salem Communications said Dec. 10 that it has purchased startup Twitter curation website Twitchy.com from conservative political columnist Michelle Malkin for an undisclosed sum. Camarillo-based Salem runs dozens of Christian and conservative radio stations and websites including HotAir.com. It also publishes magazines and books under those themes.
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By Staff Report / Tuesday, December 10th, 2013 / Banking & Finance, Technology, Top Stories, Tri-County Public Companies, West Ventura County / Comments Off on Clean Diesel CEO resigns after Pirelli deal dissolves
Ventura-based Clean Diesel Technologies said Dec. 10 that CEO and President R. Craig Breese has resigned to “pursue other opportunities.” He will remain at his post until Jan. 8 and the company has created an interim office of the chief executive to replace him. Breese was also a member of the board of directors.
