Sonos’ Q1 earnings beat highlights progress for ailing audio company
It has been a turbulent start to the year for Santa Barbara-based Sonos with changes in its executive leadership team and a mass layoff. But maybe there are sunnier days on the horizon for the audio equipment manufacturer, as the company announced its earnings for the first quarter of 2025. For the quarter ended Dec. 28, Sonos Read More →
New look Sonos eliminates 12% of workforce
Santa Barbara-based Sonos is laying off 200 people, or approximately 12% of its workforce, the audio company announced on Feb. 5, less than a month after the business replaced former CEO Patrick Spence. In a video to employees, Tom Conrad, Sonos interim CEO as of Jan. 13, said the company is “most significantly” shaking up Read More →
Atara will shed 50% of its workforce after FDA rejection
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Unwrap.AI receives $12 million in Series A funding
Santa Barbara-based Unwrap, an AI-powered customer intelligence platform, announced Jan. 30 it has received $12 million in Series A funding. The round was led by Scale Venture Partners with participation from Atlassian Ventures, Cercano, ScOp VC, Allen Institute for Artificial Intelligence, former Stripe CTO David Singleton, Perplexity co-founder Johnny Ho, and others. Unwrap will use the new funding to expand sales and Read More →
Central Coast embraces remote work model
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
WEV helps hundreds of tri-county small businesses thrive
Entrepreneurship is on the rise here in the United States, as Americans are starting and running their own small businesses at record rates as part of a post-pandemic shift. According to the Center for American Progress, the number of startups — defined as businesses under 1 year old — surged in 2022 and 2023, surpassing pre-Great Recession levels for Read More →
Small, mid-size businesses are optimistic about the economy
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
