Inogen co-founder lands CEO job at Next Energy
Brenton Taylor, a co-founder and former executive at Goleta-based Inogen, will be taking over as the new CEO of Next Energy Technologies effective immediately, the company announced on June 28. Taylor will be succeeding Daniel Emmett, who is staying with the company, moving into a newly-created position as Executive Chairman, supporting Taylor’s transition and the Read More →
UCSB leads the charge on AI cybersecurity
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Sonos sheds 7% of its workforce
In an effort to restructure its fiscal plan amid economic uncertainty, Santa Barbara-based Sonos announced it would be laying off 7% of its workforce, or roughly 130 employees, in a filing with the U.S. Securities and Exchanges unit on June 14. In an October 2022 filing, Sonos employed 1,844 people globally, the last time the Read More →
NVC winners aim to charge up the battery manufacturing industry
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One Ryde at a time: AngelCon winners look to reshape college traveling
June 12 update: A previous version of the article incorrectly stated Josh Wong’s last name in the photo caption. Additionally, corrections have been made to update the arrival of Emily Gavrilenko and Wong to the Ryde team as well as the make-up of the team. Ride-sharing applications are nothing new in the world of Uber Read More →
Semtech shares rise in after-hours trading following earnings beat
Camarillo-based Semtech saw its shares rise nearly 15% in after-hours trading on June 7, hours following the company’s first-quarter earnings announcement in which it beat analyst expectations in both revenue and net income. Semtech, which specializes in the Internet of Things applications, generated revenue worth $236.5 million, an increase of 41.2% sequentially, which means from Read More →
Ventura County supplier sues Volkswagon
A Camarillo-based electronics firm has sued Volkswagen AG in Ventura County Superior court in a breach of contract case that brings to light the severe shortage of computer chips that automakers were facing last fall. In its complaint, Data Exchange Corp., or DEX, alleges it agreed to supply some 4,500 computer chips, known as SAK Read More →
