Ventura County settles most lawsuits over COVID closures
When the state came out from under the last round of stay-at-home orders, Ventura County settled most of its 13 lawsuits against gyms and restaurants that stayed open despite state and local health orders. There are still several active cases open, though, as some businesses continue to defy the orders by holding indoor operations—which are Read More →
Trade Desk reports record revenue in 2020, but shares drop with no 2021 guidance
The Trade Desk ended its 2020 fiscal year on strong note, with 26% growth in revenue and 123% growth in net income from 2019, according to the fourth quarter and full year financial results the Ventura-based internet advertising company released Feb. 18. Trade Desk CEO Jeff Green spotlighted the company’s continued market share gain, as Read More →
Ventura County oil fight won’t end this year
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Sonos shares rise on earnings beat
Sonos saw a big bump in its stock after the markets closed Feb. 10 after the Santa Barbara-based home audio company released a strong earnings report for the first quarter of its fiscal year 2021. Sonos saw an 87% increase in net income and a 15% increase in revenue for the quarter that ended Jan. Read More →
Automatic for the people: UCSB researcher looks at how robots can work for us
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UCSB’s Nakamura adds Queen Elizabeth Prize to his Nobel
Shuji Nakamura, a professor of materials and electrical and computer engineering at UC Santa Barbara, is one of the recipients of the 2021 Queen Elizabeth Prize for Engineering, or QEPrize. The five recipients are all pioneers in the field of light-emitting diodes, or LED lighting. Nakamura began developing LED technology while a researcher in Japan Read More →
Region’s tech firms join exodus to Texas
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