Ring of wire: Digital West lays first fiber lines in SLO

Digital West Networks has laid a stretch of fiber optic cable in San Luis Obispo, the third phase in its effort to build a “fiber ring” around the Central Coast city.
Amgen to lay off 226 in Thousand Oaks
[wikichart align=”right” ticker=”NASDAQ:AMGN” showannotations=”true” livequote=”true” startdate=”19-04-2011″ enddate=”19-10-2011″ width=”300″ height=”245″] Thousand Oaks-based Amgen is laying off 226 people at its headquarters as part of a restructuring of its research operations. Worldwide, the R&D shakeup will affect 380 staff members, but the company’s headquarters are bearing the brunt of the cuts. The company said the layoffs are Read More →

On the fast track: Ex-Copelands execs power up LeftLaneSports

A San Luis Obispo-based outdoor gear startup has made its first acquisition, buying up a rival online retailer.
Power-One docks outlook on Eurozone austerity
Power products company Power-One slashed its third-quarter outlook Oct. 11, causing stocks to sink 3.8 percent in after-hours trading. The Camarillo-based firm cut its outlook for third-quarter sales to the $240 million to $245 million range, down from its previous outlook of $265 million to $280 million. It said power conversion revenue was down about Read More →
UCSB lab gets $15M from Dow Chemical Co.
UC Santa Barbara’s Materials Research Laboratory has received up to $15 million from Dow Chemical Co. to establish a new institute to study materials that can further technological discovery. The recent five-year gift comes just weeks after the research lab received $20 million from the National Science Foundation to fund its studies through at least Read More →