Analysts believe Semtech is cornering IoT market
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Grand jury says Lompoc tourism district under-reported $500k to city
Visit Lompoc, the city’s Tourism Business Improvement District, under-reported more than $500,000 in annual reports to the city over the last five years, the Santa Barbara County grand jury has determined. The 2023-24 grand jury also discovered that Visit Lompoc had transferred $800,000 out of its checking account into a separate money market account without Read More →
WEV CEO Kathy Odell to retire at month’s end
Women’s Economic Ventures CEO Kathy Odell, who has held the position for the past five years, will be retiring effective May 1. Announced on April 2, Odell will be transitioning to the role of CEO Emerita while Nicki Parr, who has also been with WEV since 2019, most recently in the role of chief operating Read More →
Large SLO-based wealth management firm bought out
San Luis Obispo-based wealth management firm Wacker Wealth Partners has been sold to EP Wealth Advisors for an undisclosed amount. Announced April 2, Wacker Wealth is the largest wealth management firm in San Luis Obispo with more than $1.2 billion in assets under management. This also expands EP’s Wealth Advisors California reach into the Central Read More →
Atara reports higher net loss in fourth quarter
Thousand Oaks-based Atara Biotherapeutics reported financial results for the fourth quarter and full year 2023 along with recent business highlights and key upcoming milestones for 2024 on March 28. Atara reported a net loss of $60.5 million or 56 cents per share in the fourth quarter of 2023 along with a net loss of $276.1 million Read More →
Acelyrin reports higher net loss in 2023 as company prepares for breakthrough
Conejo Valley-based Acelyrin, a clinical, pre-revenue biotechnology company, reported its financial results for the full year 2023 on March 28. According to the March 28 report, the company’s net loss for the full year ended Dec. 31 was $381.6 million, compared to $64.8 million for 2022. The company primarily saw expenses increase in research and Read More →
Grand jury says $500k under-reported in Lompoc tourism pact
Annual reporting by Visit Lompoc LLC shows hundreds of thousands of dollars in unaccounted-for funds, according to a Santa Barbara County Grand Jury report. Released March 22, the report says that over the first five years of the current agreement between Visit Lompoc and the City of Lompoc, the cumulative value of those under-reported funds Read More →
