Dubroff: News Corp. may strike fool’s gold with online real estate purchase
MySpace, once the hippest place in the galaxy for teens to hang out online, could have been the Facebook for millennials, but then Murdoch’s News Corp. got its hands on the fast-growing social media pioneer and ran it nearly into oblivion.
Nellis bids farewell with final thoughts about tech corridor
Today is my final day at the Pacific Coast Business Times. By the time you read this, I’ll be working at a startup in San Francisco. But for the past seven years, I’ve had the pleasure of covering technology and innovation in the Tri-Counties. I’ve reported on everything from semiconductor firms that have been in Read More →
Governor signs gun bills introduced after Isla Vista mass shooting
Gov. Jerry Brown on Wednesday signed into law a swath of new gun-control bills introduced in the wake of a mass shooting near UC Santa Barbara.
Qualstar shares sink on $5.6M loss
Qualstar cut its annual loss to $5.6 million — almost half of what it had been a year earlier — but investors weren’t happy with the company’s slow progress as it struggles to return to profitability. Shares of Qualstar plummeted 6.9 percent to close at $1.21 on Sept. 29 after the company reported its fiscal Read More →
Watkins: California jobs boom not what it seems
The Golden State has been outpacing the U.S. in job creation over the last three years, but all is not well. Skyrocketing housing costs mean that with a few exceptions clustered around the tech boom, California’s coastal counties are retirement havens, not entrepreneurship hubs. That’s the view from Bill Watkins, director of the California Economic Read More →
T.O. Boulevard revamp hinges on key project
Champions of the Thousand Oaks Boulevard Specific Plan are feverishly optimistic in their expectations for the future of the three-mile-long, mostly commercial corridor. But some remaining constraints are putting all eyes on the fate of one particular project — developer Rick Principe’s 53-unit mixed-use concept at 1850 Thousand Oaks Blvd.
Teledyne to raise $125M in debt sale
Thousand Oaks-based industrial conglomerate Teledyne Technologies hopes to raise up to $125 million in operating capital by selling debt. The company said that on Dec. 4 it will issue $30 million of senior unsecured notes at 2.6 percent due Dec. 4, 2019 and $95 million of 3.1 percent senior unsecured notes due on Dec. 6, Read More →
