Sonos wins patent dispute with Google
A judge from the U.S. International Trade Commission ruled in favor of Santa Barbara based Sonos on Aug. 13, finding that Alphabet Inc’s Google infringed upon five of Sonos’ patents for wireless speakers and related technology. Judge Charles E. Bullock did not give a reason for the decision but the ruling did find that Google Read More →
After rapid rise, lumber prices back to 2020 levels
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Rent-a-robot: inVia finds its niche with robotics-as-a-service model
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Santa Barbara County brings back mask rule, with region’s lowest rate of new COVID cases
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Sonos delivers surprise profit, raises revenue guidance
Sonos delivered a loud earnings beat after the markets closed Aug. 11, as the Santa Barbara-based home sound system producer delivered net income back in the black when the company announced its third quarter 2021 earnings. Sonos generated net income of $17.6 million, or 12 cents per diluted share, for the quarter ended June 30. Read More →
Trade Desk income nearly doubles over past year
The Trade Desk continues to find success in 2021, as the Ventura-based advertising technology firm saw huge rises in both revenue and net income when the company announced its financial results for the second quarter on Aug. 9. Co-founder and CEO Jeff Green said the company “significantly surpassed” its own expectations for the quarter ended Read More →
Region’s entertainment venues get $28.6M in federal pandemic relief
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