CRE: Radius reports strong finish for South Coast market
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New look Sonos eliminates 12% of workforce
Santa Barbara-based Sonos is laying off 200 people, or approximately 12% of its workforce, the audio company announced on Feb. 5, less than a month after the business replaced former CEO Patrick Spence. In a video to employees, Tom Conrad, Sonos interim CEO as of Jan. 13, said the company is “most significantly” shaking up Read More →
Cal Poly announces 12 semi-finalists for 2025 AngelCon
The Cal Poly Center for Innovation and Entrepreneurship (CIE) Small Business Development Center (SBDC) announced the 12 tech startup semi-finalists to compete in the 2025 Angel Conference. This year’s event will take place at Rod & Hammer Rock and stream on YouTube Live on May 1st with the 12 startups having the opportunity to compete Read More →
Teledyne completes $710M purchase from Excelitas
By Amanda Marroquin Business Times Intern Thousand Oaks-based Teledyne Technologies completed its $710 million acquisition of several businesses from Excelitas Technologies Corp on Feb. 3. Teledyne’s, the technology and defense conglomerate, $710 million acquisition included aerospace and defense electronics businesses. Qioptiq, a UK-based optical systems business under Excelitas, was amongst the businesses obtained in the deal, Read More →
Westmont receives long overdue $2.7M from U.S. Treasury
It wasn’t exactly a neatly wrapped package under the tree, but just before Christmas, Westmont College received a long-delayed gift — a $2.7 million disbursement from the U.S. Treasury that had been tied up in red tape for more than two years. The money was overdue funding under the ERTC or Employer Retention Tax Credit, Read More →
Atara will shed 50% of its workforce after FDA rejection
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