July 16, 2024
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Procore IPO back on track with new SEC filing

By   /  Wednesday, March 3rd, 2021  /  Banking & Finance, Latest news, South Coast, Subscriber content, Technology, Top Stories, Top Story, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Procore IPO back on track with new SEC filing

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SEC alleges pump-and-dump fraud at Airborne Wireless in Simi Valley

By   /  Tuesday, March 2nd, 2021  /  Banking & Finance, East Ventura County, Latest news, Law & Goverment, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on SEC alleges pump-and-dump fraud at Airborne Wireless in Simi Valley

The U.S. Securities and Exchange Commission filed suit on March 2 against Simi Valley-based Airborne Wireless Network and seven of its shareholders and executives, accusing them of orchestrating a $45 million pump-and-dump stock fraud scheme. The lawsuit was filed in federal court in New York. The defendants are Kalistratos Kabilafkas, Timoleon Kabilafkas, Panagiotis Bolovis, Eric Read More →

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AppFolio posts loss in fourth quarter

By   /  Monday, March 1st, 2021  /  Banking & Finance, Earnings, Latest news, Real Estate, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AppFolio posts loss in fourth quarter

AppFolio, a Goleta-based property management software company, failed to meet analysts’ expectations with a net loss in the fourth quarter of 2020. Analysts tracked by Zacks Equity Research had predicted earnings per share of 13 cents, similar to AppFolio’s performance in the fourth quarter of 2019. Instead, the company suffered a net loss of $513,000 Read More →

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Company founders talk social responsibility at Central Coast MIT Enterprise Forum

By   /  Friday, February 26th, 2021  /  Latest news, left, Startups, Subscriber content, Technology, Top Stories  /  Comments Off on Company founders talk social responsibility at Central Coast MIT Enterprise Forum

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AeroVironment’s Mars drone was more than a decade in the making

By   /  Friday, February 26th, 2021  /  East Ventura County, Latest news, Subscriber content, Technology, Top Stories, Top Story, Tri-County Economy  /  Comments Off on AeroVironment’s Mars drone was more than a decade in the making

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AeroVironment makes $30M AI acquisition

By   /  Wednesday, February 24th, 2021  /  Banking & Finance, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AeroVironment makes $30M AI acquisition

AeroVironment, a drone company based in Simi Valley, announced Feb. 24 that it has acquired the Intelligent Systems Group from Progeny Systems Corp. for $30 million or more in cash. The Intelligent Systems Group develops intelligence-enabled computer vision, machine learning and perceptive autonomy technologies and provides those services to United States government customers, AeroVironment said. Read More →

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Morro Bay could get world’s biggest battery facility

By   /  Friday, February 19th, 2021  /  Central Coast, Energy, Green Coast, Latest news, left, Subscriber content, Technology, Top Stories, Tri-County Economy  /  Comments Off on Morro Bay could get world’s biggest battery facility

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