Sonos fights Apple spinoffs in patent battle
By Stephen Nellis / Friday, March 21st, 2014 / Law, Technology, Top Stories / Comments Off on Sonos fights Apple spinoffs in patent battle
Wireless speaker maker Sonos made its first-ever disclosure of $535 million in revenue while locked in a patent fight against sophisticated opponents with ties to Apple.
Read More →Health leaders: ‘Ambitious’ Obamacare goals tough to implement
By Erika Martin / Wednesday, March 19th, 2014 / Central Coast, Central Coast Health Watch, East Ventura County, Nonprofits, South Coast, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Health leaders: ‘Ambitious’ Obamacare goals tough to implement
Uncertainties shrouding Obamacare implementation are leaving many health-care providers strained, and consumers are thus far seeing few of the cost cuts promised by the overhaul. That was the theme that emerged from a March 18 forum in Santa Barbara hosted by nonprofit Visiting Nurse & Hospice Care.
Read More →Sonos snags Xbox product chief
By Staff Report / Tuesday, March 18th, 2014 / Technology / Comments Off on Sonos snags Xbox product chief
Santa Barbara-based wireless speaker maker Sonos has recruited the head of Microsoft’s Xbox product team to become its new chief product officer.
Read More →Michael and Anne Towbes give $5M to Granada Theatre group
By Staff Report / Monday, March 17th, 2014 / Nonprofits, Real Estate, Tourism / Comments Off on Michael and Anne Towbes give $5M to Granada Theatre group
Developer and banker Michael Towbes and his wife, Anne, have made a $5 million gift to the Santa Barbara Center for the Performing Arts. The gift is irrevocable, the organization said in a March 17 announcement, and is in addition to the $15 million the couple has previously given to SBCPA.
Read More →Sonos’ revenue revelation generates buzz among IPO speculators
By Henry Dubroff / Friday, March 14th, 2014 / Columns, Opinion / Comments Off on Sonos’ revenue revelation generates buzz among IPO speculators
It takes a ton of revenue — or some very foolishly spent capital — to support a multimillion-dollar ad campaign, including a coveted spot in the Super Bowl commercials.
Read More →Artificial pancreas trials move forward with $2.3M grant
By Marlize van Romburgh / Friday, March 14th, 2014 / Central Coast Health Watch, Nonprofits, South Coast, Technology, Top Stories, Tri-County Economy / Comments Off on Artificial pancreas trials move forward with $2.3M grant
With $2.3 million in recent federal funding, Sansum Diabetes Research Institute is moving forward with clinical trials of its artificial pancreas, a device that researchers hope will substantially improve the lives of people living with Type 1 diabetes.
Read More →Big firms check in to Santa Barbara hotel boom
By Marlize van Romburgh / Friday, March 14th, 2014 / Real Estate, South Coast, Top Stories, Tourism, Tri-County Economy / Comments Off on Big firms check in to Santa Barbara hotel boom
A Philadelphia company’s $41.7 million purchase of Hotel Oceana in Santa Barbara signals that large out-of-town investors are betting on a major boom in South Coast tourism.
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