One Thread Collective lifts Colombian women out of poverty
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Montecito Bank & Trust doles out $1M in community grants
Montecito Bank & Trust started the giving season in style as the financial institution hosted its 22nd annual Community Dividends Luncheon on Nov. 25, the Monday before Thanksgiving, and awarded 195 local nonprofits a total of $1 million. Montecito Bank, the oldest and largest locally owned community bank in the Santa Barbara and Ventura counties, noted Read More →
The Trade Desk announces new OS system
One of the largest publicly traded advertising technology companies is breaking into a new space as The Trade Desk announced its plans to release a new streaming TV operating system in 2025. Aptly named after the company’s headquarters location, The Trade Desk announced Ventura on Nov. 20 and said it will partner with smart TV original equipment Read More →
Local shops prep for Small Business Saturday, holiday season
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Mountain Fire losses mount; recovery begins
“In the end, it’s just a house,” Jim Blois, CEO of Blois Construction in Oxnard, said. Blois’s home in Camarillo Heights was one of, at last count, nearly 220 structures destroyed in the Mountain Fire which erupted Nov. 6 in the unincorporated Somis area northeast of Camarillo. Fueled by fierce Santa Ana winds, the fire Read More →
Updated: Oracle sues Procore over payments trade secrets
Software giant Oracle is suing Procore Technologies, alleging that the Carpinteria-based software firm used thousands of stolen trade secrets to enrich its business. Procore, a leading construction industry software company and Oracle rival, denied the allegations in an Oct. 31 statement. “We believe the claims are meritless and we intend to vigorously defend ourselves,” Procore said in its statement. Procore’s shares have largely been unaffected by the filing; Read More →
Real estate investor set to buy The Oaks for $157M
Stockdale Capital Partners is in contract with Macerich to buy The Oaks shopping mall in Thousand Oaks for $157 million, according to The Real Deal. Macerich CEO Jack Hsieh told shareholders this month that his company is set to sell The Oaks before the end of the year, but declined to identify the buyer. Citing anonymous sources, Read More →
