UCSB green-tech spinout C-Zero closes $11.5M round
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Trade Desk reports record revenue in 2020, but shares drop with no 2021 guidance
The Trade Desk ended its 2020 fiscal year on strong note, with 26% growth in revenue and 123% growth in net income from 2019, according to the fourth quarter and full year financial results the Ventura-based internet advertising company released Feb. 18. Trade Desk CEO Jeff Green spotlighted the company’s continued market share gain, as Read More →
Mars rover lands safely, with drone helicopter from Simi Valley on board
The Mars 2020 rover, carrying on board a first-of-its-kind drone developed by Simi Valley-based AeroVironment, touched down in the Jezero Crater on Feb. 18. The rover was confirmed to have landed safely at 12:56 p.m. Pacific Time, after what’s known as the “seven minutes of terror,” a delay in signal between the Red Planet and Read More →
Conejo Valley braces for Amgen layoffs
Biotech giant Amgen is in the process of laying off hundreds of workers, including as many as 100 at its Thousand Oaks headquarters. According to a spokesperson for the company, approximately 500 workers will be let go beginning April 2, with fewer than 20% of those workers located in Thousand Oaks. Amgen employs around 22,000 Read More →
Sonos shares rise on earnings beat
Sonos saw a big bump in its stock after the markets closed Feb. 10 after the Santa Barbara-based home audio company released a strong earnings report for the first quarter of its fiscal year 2021. Sonos saw an 87% increase in net income and a 15% increase in revenue for the quarter that ended Jan. Read More →
Automatic for the people: UCSB researcher looks at how robots can work for us
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Facebook to give UCSB $1.5M to study data centers
Facebook will give $1.5 million to UC Santa Barbara’s Institute for Energy Efficiency to fund research into energy-efficient data centers and artificial intelligence, UCSB announced Feb. 4. The institute will use the three-year grant to “investigate advanced energy-efficient data center infrastructure, including low-power optical interconnects for computer networks and machine learning with reduced carbon footprint,” Read More →
