San Diego Business Journal

SD TECHNOLOGY

Recent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...

Sempra Sales, Profits Going in Right Direction

ENERGY: Second-Quarter Net Income Up 9.8%; Key Project Gets Financing

Sempra Energy, San Diego’s second-largest company by revenue, is on track get bigger this year, both in sales and profits.

Qualcomm Runs Into Royalty Problems

TECH: China Challenges Affect Analysts’ Outlook

Shares of Qualcomm Inc. touched $80, slid more than 10 percent and have been trying to find their proper level since the company’s earnings call in late July, when executives spoke of the company’s inability to collect all royalties it says are owed by some of its Chinese customers.

Pulse Electronics Reports Q2 Net Sales of $93.6M

Pulse Electronics Corp., a San Diego based maker of electronic components, reported second quarter net sales of $93.6 million, up 6 percent from the prior year’s second quarter.

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Qualcomm Brainpower Is Behind Timex Smart Watch

Timex said on Aug. 6 that it plans to release a smart watch powered by Qualcomm Inc. technology.

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Sempra and Its Partners Approve Final Financing Decision for Louisiana LNG Plant

Sempra Energy announced that it and its partners approved the final investment decision for the natural gas liquefaction and export project planned in Louisiana.

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Microsoft Hires Former Qualcomm Exec

After days of speculation in the technology trade media, Microsoft Corp. confirmed Aug. 5 that it has hired Peggy Johnson, who recently left her job at Qualcomm Inc.

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Overland Storage Expects Q4 Revenue to Exceed $24M

Overland Storage, a San Diego provider of data storage systems that’s in the midst of being acquired by a Canadian software company, said its net revenue for the fourth quarter should exceed $24 million, up from $20 million in the third quarter.

San Onofre Cleanup Expected to Cost $4.4 Billion

Southern California Edison said that its plan to decommission the San Onofre Nuclear Generating Plant would cost $4.4 billion.

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Broadcom to Layoff Up to 203 Locally

Broadcom Corp. plans to lay off 203 people from its San Diego office beginning in late September, according to the state Employment Development Department.

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OneRoof Energy Raises $1 Million in Loan Funding

OneRoof Energy Group Inc., a San Diego solar power finance provider, said it closed on $1 million of additional loan funding under an existing loan arrangement. The loan was made by Hanwha Holdings Inc., an existing shareholder of the company.

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Senomyx Inc. Reports $7.3 Million in Q2 Revenue

San Diego-based Senomyx Inc. — which develops flavor ingredients for foods and beverages using proprietary taste science technology — reported $7.3 million in unaudited revenue for the second quarter ended June 30.

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Maxwell Technologies Inc. Reports Q2 Revenue of $46.1 Million

Maxwell Technologies Inc., the San Diego maker of energy storage and power delivery devices, reported second quarter revenue of $46.1 million, down 17 percent from $55.6 million in revenue in the like quarter of 2013.

Cubic Corp. Gets $700M+ Along With a Stronger British Accent

By now, the red London bus is firmly part of Cubic Corp.’s heritage. The Kearny Mesa-based business has been part of London’s mass-transit system for 30 years, and it looks like it will stay on board for at least seven more.

Zingle Uses Your Texts to Help You Get to the Front of the Line

TECH: Device Connects Hospitality Businesses to Their Customers’ Orders

Making a call is OK but texting is better for business, said John Girard, who heads Zingle, a Carlsbad business built around texting technology.

An Acne-Fighting App Is Just What the 2 Doctors Ordered

A San Diego-based mother-and-son team of dermatologists has launched a Web application that provides diagnoses, treatments and prescriptions exclusively online for patients with acne.