Trade Desk unveils new ad platform it calls ‘biggest release ever’
Banking & Finance, Latest news, middle, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura CountyShares of The Trade Desk rose by as much as 5% on July 7, as the Ventura-based advertising technology company unveiled its new trading platform, Solimar. The Trade Desk closed at $76.56 on July 6 and traded as high as $81.59 on July 7 before closing at $77.65, up 1.5% from the previous closing date. Read More →
Arcutis ends phase 2 trials on potential skin treatment
Banking & Finance, East Ventura County, Health Care & Life Science, Latest news, Top Stories, Tri-County Economy, Tri-County Public CompaniesShares of Westlake Village-based Arcutis Biotherapeutics dropped by as much as 5% during the trading day July 1, after the biotech company terminated phase 2 trials for a potential treatment. Arcutis, a biotech company focused on creating dermatology treatments, has announced July that it had terminated phase 2a and 2b trials for evaluating ARQ-252, a Read More →
Trade Desk profits from Google’s delay on cookie phaseout
Banking & Finance, Latest news, right, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura CountyThis 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.
Oxnard powers up with region’s biggest battery facility
Energy, Green Coast, Latest news, Top Stories, Top Story, Tri-County Economy, West Ventura CountyOne of the largest energy storage facilities in the United States was unveiled to the public on June 29, as Oxnard and Ventura County residents, politicians, and business leaders gathered to see the 100-megawatt battery storage system in action. The facility, the Saticoy Energy Storage Site, works by capturing energy during the day when the Read More →
AeroVironment shares drop after earnings report
Banking & Finance, Earnings, East Ventura County, Latest news, right, Technology, Top Stories, Tri-County Economy, Tri-County Public CompaniesAeroVironment, a drone and robotics company with its chief operations in Simi Valley, delivered record revenue in the fourth quarter and full year of 2021, according to earnings released June 29, but a couple of key losses led to a year-to-year earnings drop. In the fourth quarter of its 2021 fiscal year, AeroVironment posted a Read More →
Thoma Bravo deepens investment in region with $2B acquisition of QAD
Latest news, left, Technology, Top StoriesEditor’s note: This article was originally posted June 28, and updated July 1 with additional reporting on the pending deal. The enterprise software company QAD is being acquired by Thoma Bravo in an all-cash transaction worth around $2 billion, another sign of growth in the Santa Barbara technology industry. Santa Barbara-based QAD, which provides cloud Read More →
Revenue and losses both grow at Transphorm
Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public CompaniesGoleta-based Transphorm generated a slight bump in revenue in the fourth quarter of its 2020-21 fiscal year, but net losses continued to mount for the company, according to financial results released June 24. Transphorm reported a loss of $6.5 million, or 16 cents per share, in the fourth quarter, up from a net loss of Read More →
