TECHNOLOGY

Acorns Wins BlackRock Backing

Irvine-based Acorns Grow Inc. won a major endorsement from BlackRock Inc. (NYSE: BLK), the world’s largest asset manager, with $6.3 trillion.

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Blizzard Posts Mixed Q1

Presales for Blizzard Entertainment Inc.’s next World of Warcraft expansion helped boost revenue in the first quarter, though operating income decreased as it rolled out new business lines.

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CalAmp Posts Record Quarterly Revenue

CalAmp Corp. (Nasdaq: CAMP) topped Wall Street estimates in revenue and operating income in the February quarter, reporting after the market closed.

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United Capital Unveils Adviser Tool

Newport Beach-based United Capital Financial Advisers LLC, which has $21.6 billion assets under management, released its newest white-label software for financial advisers.

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AutoWeb Names CEO

Jared Rowe was named director, president and chief executive of Irvine-based marketing firm AutoWeb Inc.

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Ten-X Unit Adds COO

Auction.com named Min Alexander chief operations officer, replacing Javid Jaberi, who the company said is retiring.

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Verizon Bundles Telematics Buys Into Verizon Connect

$5B Rollup Included Homegrown Telogis

The long-awaited integration of Verizon Communications Inc.’s telematics unit, which featured a key acquisition in Orange County, is complete.

Karma Company Store Fits Right in on Tony Mile

AUTOMOTIVE: Gets traffic from nearby dealers

Karma Automotive LLC’s landing in Newport Beach was a good one—so good it’s in the process of doubling its presence there.

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SendGrid Adopts Design-Centered Tack at New Digs

Mass-Emails Specialist Triples Its OC Space

Denver-based SendGrid spent more than a year designing its new 22,000-square-foot office at 400 Spectrum Center in Irvine.

Cybersecurity Firm Nubeva Grows OC Operations

To Provide Blockchain-Based Cybersecurity Solution

Take away the hype around digital cryptocurrency—some claim it’s bogus, given that the virtual coins aren’t backed by anything but the value people give them—and what’s left is blockchain technology.

Cryoport Soared to Best-Performing Stock of Bunch

FINANCE: Netlist was worst performer in TTM

Now the envelopes for the five best- and five worst-performing stocks during the year ended March 29:

Fujifilm Buying Irvine Scientific

Fujifilm Holdings plans to buy a pair of cell culture media businesses owned by Japanese oil and metals conglomerate JXTG Holdings for about $800 million.

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J.D. Power Names CEO

Dave Habiger was named president and chief executive of consumer data and analytics company J.D. Power.

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Acquired Sensor Maker Cuts 54 Jobs

Chicago-based Littelfuse Inc. will lay-off 54 workers in Orange, following its purchase of U.S. Sensor Corp. in July for $24.3 million.

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Clean Energy Posts Big Q4 Sales Drop

Newport Beach-based Clean Energy Fuels Corp. in the fourth quarter recorded a steep sales drop and wider losses.

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