
Amgen reports drop in profit for fourth quarter

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Sonos launches new partnership with TuneIn

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Amgen to lay off 300 U.S. workers

Technology layoffs are now hitting the healthcare sector, as Amgen will be laying off 300 people in the United States, the company announced on Jan. 30. The Thousand Oaks-based biotechnology giant said that it is making organizational changes “mainly in our commercial team,” the company’s statement said. “We made these changes to better manage against Read More →
AppFolio beats revenue estimates

Goleta-based AppFolio beat analysts’ expectations in both earnings and revenue when it released its financial results for the fourth quarter on Jan. 26. AppFolio, a software company for the real estate industry, announced revenue worth $124.1 million in the fourth quarter, a 30% increase from the same quarter a year ago. But the company’s net Read More →
LogicMonitor names new C-Suite member

Santa Barbara-based LogicMonitor has announced Taggart Matthiesen as the company’s new Chief Product Officer, the company said in a Jan. 24 press release. Matthiesen joins LogicMonitor from Lyft, where he built and led the company’s autonomous driving initiatives, holding the title of vice president of product. Before that role, he also held various leadership positions Read More →

Teledyne caps off strong year with record-breaking fourth quarter

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