Santa Barbara startup Plug targets party scene at colleges
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8th grader wins $10,000 at Ventura County Startup Weekend
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Teledyne’s 2017 first quarter sales up but net income down
Thousand Oaks-based Teledyne Technologies on May 4 reported first quarter 2017 sales of $566.1 million, compared with sales of $530.5 million for the first quarter of 2016, an increase of 6.7 percent. Net income was $30.5 million or 84 cents per diluted share for the first quarter of 2017, compared with $39.0 million or $1.11 Read More →
Inphi revenues grow but net loss increases
Semiconductor producer Inphi, with operations in Westlake Village, reported first quarter net losses of $11.3 million May 2, compared to net income of $220,000 in the first quarter of 2016. The company brought in $93.6 million in revenue from continuing operations, up from an adjusted $54.1 million for the same period last year and $80.9 Read More →
UCSB College of Engineering celebrates 50th anniversary
The centerpiece for the UC Santa Barbara College of Engineering’s 50th anniversary bash was “no ordinary time capsule,” said Dean Rod Alferness. Created by Machine Shop Superintendent Andy Wienberg, the final result was “so nice in appearance” the college decided not to bury it, instead leaving it open for submissions until the end of the quarter, Read More →
Weave takes top prize at CLU’s New Venture Competition
In a bid to end the age of bulletin boards on college campuses, social network Weave took the top prize at the 2017 California Lutheran University New Venture Competition featuring five teams on April 27. The Weave platform offers a way for students to find out about events, services and conversations happening within a close Read More →
Amgen revenues fall but profits increase
Thousand Oaks-based biotech giant Amgen’s total revenues decreased by 1 percent to $5.5 billion during the first quarter of 2017, compared to the same period a year ago, according to an earnings report April 26. The drop was related to the plunge in sales of Enbrel, its rheumatoid arthritis drug. Sales decreased 15 percent due Read More →
