Update: Unwrap.AI secures $12 million from Series A raise
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Amgen Q4 finish helps shares rebound after MariTide tumble
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New look Sonos eliminates 12% of workforce
Santa Barbara-based Sonos is laying off 200 people, or approximately 12% of its workforce, the audio company announced on Feb. 5, less than a month after the business replaced former CEO Patrick Spence. In a video to employees, Tom Conrad, Sonos interim CEO as of Jan. 13, said the company is “most significantly” shaking up Read More →
Cal Poly announces 12 semi-finalists for 2025 AngelCon
The Cal Poly Center for Innovation and Entrepreneurship (CIE) Small Business Development Center (SBDC) announced the 12 tech startup semi-finalists to compete in the 2025 Angel Conference. This year’s event will take place at Rod & Hammer Rock and stream on YouTube Live on May 1st with the 12 startups having the opportunity to compete Read More →
Teledyne completes $710M purchase from Excelitas
By Amanda Marroquin Business Times Intern Thousand Oaks-based Teledyne Technologies completed its $710 million acquisition of several businesses from Excelitas Technologies Corp on Feb. 3. Teledyne’s, the technology and defense conglomerate, $710 million acquisition included aerospace and defense electronics businesses. Qioptiq, a UK-based optical systems business under Excelitas, was amongst the businesses obtained in the deal, Read More →
Atara will shed 50% of its workforce after FDA rejection
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