Amgen to cut 70 jobs
By Staff Report / Thursday, June 5th, 2014 / East Ventura County, Health Care & Life Science, Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / 2 Comments
Thousand Oaks-based Amgen plans to lay off 70 people, primarily in its information systems department at its headquarters.
FindTheBest wins patent battle costs
By Stephen Nellis / Monday, June 2nd, 2014 / Law & Goverment, South Coast, Technology, Tri-County Economy / Comments Off on FindTheBest wins patent battle costs
Summerland-based FindTheBest has won what a federal judge called a “frivolous” and “objectively unreasonable” patent lawsuit against it and will recoup its costs from its opponent. Last summer, Delaware-based Lumen View Technology sued FindTheBest over a patent on matching user preference data. That patent was invalidated late last year, and Judge Denise Cote ruled on Read More →
QAD shares soar on narrower Q1 loss
By Staff Report / Friday, May 30th, 2014 / Banking & Finance, South Coast, Technology, Tri-County Public Companies / Comments Off on QAD shares soar on narrower Q1 loss
Shares of software firm QAD shot up almost 7 percent in midday trading on Friday after the company reported a smaller first-quarter loss. Santa Barbara-based QAD posted a quarterly loss of $76,000, or 1 cent per Class A share and break-even for Class B shares, compared to a loss of $1.3 million a year earlier. Read More →
InTouch says court decision strengthens its patent portfolio
By Stephen Nellis / Friday, May 30th, 2014 / Health Care & Life Science, Law & Goverment, South Coast, Technology, Top Stories, Tri-County Economy / Comments Off on InTouch says court decision strengthens its patent portfolio
A federal appeals court has handed down a mixed result in the legal battle InTouch Health waged against a lower-priced competitor, finding that the Goleta company’s patents were valid but had not been infringed.
New Venture Competition hands out prizes to UCSB startups
By Stephen Nellis / Friday, May 30th, 2014 / Small Business, South Coast, Technology, Top Stories, Tri-County Economy / Comments Off on New Venture Competition hands out prizes to UCSB startups
A technology to make mobile phone GPS more accurate, a new seafood distribution system and a novel way to brand beer growlers at craft breweries were among the top winners at UC Santa Barbara’s annual New Venture Competition on May 22.
Resonant IPO raises $16.2M to fuel Skyworks deal
By Staff Report / Thursday, May 29th, 2014 / South Coast, Technology, Top Stories, Tri-County Public Companies / Comments Off on Resonant IPO raises $16.2M to fuel Skyworks deal
Shares of Santa Barbara-based semiconductor firm Resonant, which has a key development deal with a major supplier to Apple, were up 50 percent in the first day after it raised $16.2 million in an initial public offering.
Mapping technology wins UCSB business contest
By Stephen Nellis / Friday, May 23rd, 2014 / Latest news, South Coast, Technology / Comments Off on Mapping technology wins UCSB business contest
A technology to make mobile phone GPS more accurate, a new seafood distribution system and a novel way to brand beer growlers at craft breweries were among the top winners at UC Santa Barbara’s annual New Venture Competition on May 22.