Ventech forum explores ‘parent penalty’ for workers and businesses
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Our View: Powell nomination a good sign; ‘Right to repair’ scores a win
In nominating Jerome Powell for a second term as chair of the Federal Reserve, the Biden Administration has taken a step toward preserving the independence of the world’s most important central bank. Powell will likely steer a steady course and not give in to the worst policy inclinations of progressives nor to the hard money Read More →
Cognixion opens new doors in assistive technology
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Backed by local venture firm, tech company opens new Santa Barbara headquarters
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Sonos reports loss for quarter but record annual revenue
Santa Barbara home audio company Sonos beat analysts’ expectations with its fourth-quarter earnings and also delivered record revenues for its 2021 fiscal year, but supply chain issues could spoil the first half of 2022, the company said. Sonos reported a net loss of $8.7 million in the quarter ended Sept. 30, according to results released Read More →
Transphorm reports profitable quarter, big revenue growth
Goleta-based Transphorm saw revenue increase for the seventh consecutive quarter and also reported a profit for the quarter ended Sept. 30. Transphorm, a supplier of gallium nitride power conversion products, reported net income of $6 million, or 15 cents per share, compared to a net loss of $7.1 million in the same quarter a year Read More →
Net losses up at Resonant in Q3
Net losses grew for Resonant in the third quarter of 2021, as the company announced an expanded multi-year agreement with its manufacturing partner. Resonant, which is based in both Santa Barbara and Austin, Texas, provides radio frequency filters for multiple applications, including 5G cellular devices. The company generated $400,000 in revenue for the third quarter, Read More →
