Central Coast Unemployment takes slight dip
Central Coast, Economy, Latest news, Tri-County EconomyAfter a big leap from July to August, the unemployment rate along the Central Coast fell slightly in September, with each county also adding a slew of nonfarming jobs during the month. According to the data released Oct. 19 from the California Employment Development Department, the unemployment rate of the tri-counties was 3.9% compared to Read More →
Advancements in AI bring success and headaches
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UCSB receives federal funding to fuel semiconductor development
Central Coast, Higher Education, Latest news, left, Subscriber contentUC Santa Barbara will soon be playing a key role in helping the United States expand its semiconductor manufacturing and development, making the country far more competitive in the global market. According to a press release on Oct. 16, UCSB will receive $26.9 million in its first year for a Microelectronics Commons, a coalition of Read More →
Mercado: The future of tech in San Luis Obispo is bright
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Community Bank of Santa Maria reports higher net income
Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public CompaniesThe Community Bancorp of Santa Maria, the parent company of Community Bank of Santa Maria, announced its earnings for the third quarter of 2023 on Oct. 16 after the markets closed. The bank announced net income worth $2.9 million for the quarter ended Sept. 30, up 22% from the $2.4 million during the same period Read More →
Finding funding: Area venture capitalists, founders share advice
Economy, Latest news, Startups, Tri-County EconomyCorrection: A previous version of this article called The Alliance for SoCal Innovation by the wrong name. It is no secret that funding from venture capital firms has slowed down tremendously in 2023 with the global market funding about $144 billion in the first half of 2023, a 51% decline from the same time period Read More →
Santa Barbara management firm expands Southern presence
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