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BIOTECH: Molecular Monitoring to Be Used In Diagnostics, Research
A San Diego startup is using a finicky “miracle material” that can link biology directly with electronics. The technology could mean faster, cheaper and more accurate tests in patient care and a valuable tool for medical research.
ViaSat Inc., the Carlsbad satellite technology firm and broadband service provider, reported net income of $4.9 million in the second quarter ended Sept. 30, down almost 80 percent from net income of $23.9 million in the same quarter last year. Total revenue for the recent quarter was $353.3 million, off 1.5 percent from $358.8 million in the same quarter last year.
Paradigm System Solutions Inc., a publicly-traded technology holding company, said it had moved from Scottsdale, Arizona, to Carlsbad following the acquisition of a Bitcoin online shopping ecosystem.
Wildfire Life Inc. (formerly Fitn Inc.), a fitness membership company in Cardiff, announced through social media that it has paused all business operations as of November 3 and intends to sell off the company’s assets as soon as possible.
Novatel Wireless Inc. said Nov. 5 that it posted a net loss of $20.8 million on net revenues of $54.6 million in the third quarter of 2015.
Iboss Cybersecurity raised $35 million in series A funding from Goldman Sachs Private Capital Investing, the company announced Nov. 3.
TECH: Revenue, Net Income Down for Q4 and the Year
Call it a transition year. That’s a message CEO Steve Mollenkopf offered financial analysts about Qualcomm Inc.’s fiscal 2016, which is only several weeks old.
Qualcomm Inc., the wireless technology specialist and chip maker that is attempting to remake itself and boost shareholder value, reported net income of $1.1 billion on revenue of $5.5 billion during its fourth quarter.
Human Longevity Inc. (HLI), a tech-driven molecular information company in San Diego, announced Wednesday the appointment of Sally Howard as head of regulatory affairs and policy.
iboss Cybersecurity raised $35 million in series A funding from Goldman Sachs Private Capital Investing, the company announced on Nov. 3. iboss plans to use the funds to expand globally and to develop new products.
Maxwell Technologies Inc., the San Diego maker of energy-storage devices called ultracapacitors, reported a net loss of $1.45 million, or a nickel per share, on revenue of $45.1 million during the third quarter.
San Diego-based OneRoof Energy Inc., a residential solar services provider and wholly owned subsidiary of OneRoof Energy Group Inc., announced it has appointed Brian Alexson, to the newly created role of chief operating officer.
Dr. Christopher Longhurst, chief medical information officer for Stanford Children’s Health, has been appointed chief information officer (CIO) for UC San Diego Health, Healthcare Informatics magazine reported. Longhurst fills the position being vacated with the retirement of Ed Babakanian, who served as CIO for 20 years.
Qualcomm Inc. announced that Brian Modoff has joined the company as executive vice president of strategy, mergers and acquisitions (M&A) and ventures, reporting directly to Steve Mollenkopf, CEO of Qualcomm.
TECH: Co. Would Have to Take On Intel In Lucrative Market
For Qualcomm Inc., the smartphone is simply not the cash generator it once was. As profits level off, the San Diego chip maker hopes to improve its fortunes by going into a business adjacent to smartphones.