Sonos wins patent dispute with Google
Banking & Finance, Latest news, left, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public CompaniesA 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 →
Street Smarts: What’s in a name? For Port Hueneme, perhaps a beach
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AppFolio earnings decline again
Banking & Finance, Earnings, Latest news, Real Estate, South Coast, Technology, Tri-County Economy, Tri-County Public CompaniesAppFolio, a Goleta-based property management software developer, saw earnings per share drop sharply for the second consecutive quarter, in financial results for second quarter of 2021, released after the markets closed Aug. 9. Net income for AppFolio was at $2 million for the quarter ended June 30, down from $19.2 million in the same quarter Read More →
Velocity shares rise after earnings beat
Banking & Finance, Earnings, East Ventura County, Latest news, Real Estate, Tri-County Economy, Tri-County Public CompaniesVelocity Financial saw its net income rise in its second quarter financial earnings, beating estimates. The Westlake Village-based mortgage firm had net income of $9.45 million, or 28 cents per share, well above analysts’ estimates of around 15 cents per share. Velocity Financial more than tripled its net income from the same time a year Read More →
Good Works: Amgen contributes to homelessness relief; Bayer Fund gives for Ventura County blood drives
Latest news, NonprofitsThe United Way of Ventura County has received a $100,000 grant from The Amgen Foundation for the second time since 2019, to support the United Way’s United to End Homelessness Initiative. The United to End Homelessness Initiative is a landlord engagement program in Ventura County. The program’s goal is to prevent homelessness by increasing the Read More →
Street Smarts: Santa Maria Chamber awards; Cowboys return to Oxnard; City Hall veteran runs for SB City Council
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Salem reports profit in Q2
Banking & Finance, Earnings, Latest news, Tri-County Public CompaniesSalem Media Group saw its net income rise over the last year as revenue and operating expenses both went up for the quarter ended June 30. The conservative media group has some of its main operations in Camarillo but moved its headquarters earlier this year to Irving, Texas. Its total revenue increased more than 20% Read More →
