Updated: AppFolio lays off 62 people
This story was updated on May 27 to add more context. Goleta-based AppFolio is the latest technology company based on the Central Coast to cut its workforce, as the software company for the real estate industry announced it will be laying off 62 people, according to a WARN act filing with the state on May Read More →
Transphorm wins $15M government contract
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FTC blocks Amgen’s $28B Horizon deal
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Sonos slashes full-year guidance behind softening demand
Shares of Santa Barbara-based Sonos have dipped more than 30% since the company’s second-quarter earnings were announced on May 10, revealing that the company would be slashing its fiscal projections for the full year. For the quarter ended March 31, Sonos generated revenue worth $304.2 million, down 22.4% year-over-year while gross margin decreased 150 basis Read More →
Teledyne’s vice chair discusses the rise of its digital imaging segment
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Cognixion’s breakthrough approval gives them “a tremendous advantage”
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Goleta adds battery storage capability to strengthen electric grid
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