Orange County Business Journal

TECHNOLOGY

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

Broadcom Backs Off Baseband Business

Irvine-based chipmaker Broadcom Corp. last week offered some details on its plans to cut about 20% of its workforce and consolidate or close 18 locations around the world as part of a restructuring plan prompted by the wind down of its unsuccessful baseband business.

Red Digital Takes Its Fancy Camera Work to YouTube

Channel Features Videos Shot With Red Equipment

No one is too good for YouTube. Red Digital Cinema Camera Co. in Irvine has launched an official YouTube channel, Shot on Red, which features 29 videos produced with the company’s 4K-resolution digital still and motion cameras.

Western Digital’s Share of SSD Market Safe for Now

Google, Amazon Entries Likely No ‘Big Problem’

Google Inc. and Amazon.com’s recent entrance into the emerging solid-state drive market doesn’t appear to pose an imminent threat to Irvine-based memory products maker Western Digital Corp. or its Cupertino rival, Seagate Technology Inc.

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Ingram Beats Revenue, Profit Targets in Q2

Santa Ana-based Ingram Micro Inc. on Thursday reported second-quarter revenue and adjusted profits that beat Wall Street expectations.

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Newport Corp. Buys Israeli Laser Maker

Irvine-based Newport Corp., which makes lasers and related equipment, has acquired an Israeli company that specializes in fiber lasers.

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Broadcom Offers Some Details on Baseband Cuts

Irvine-based chipmaker Broadcom Corp. plans to cut about 20% of its workforce and consolidate or close 18 locations around the world as part of a restructuring plan prompted by the wind down of its unsuccessful baseband business.

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Broadcom Shares Up on Q2 Report

Irvine-based chipmaker Broadcom Corp. said it earned an adjusted net income of $406 million or $0.65 per share in the second quarter, excluding one-time charges.

Toba Rolls Ahead With String of Exits, IPO

FINANCE: Smith’s VC firm backs up talk of fast start, OC investments

Toba Capital, the Irvine-based venture capital firm launched by former Quest Software Inc. Chief Executive Vinny Smith, is on a roll with three recent exits and an initial public offering topping $100 million apiece.

Oculus Cancels Some Headset Orders

Irvine-based Oculus VR Inc. canceled some preorders for its Rift VR DK2 headset after finding them for sale on eBay and other ecommerce sites.

Fresh Roxy Style at the Beach—Venice Beach, That Is

New Quiksilver Video Part of ‘Season of Freedom’

Apparel manufacturer Quiksilver Inc. in Huntington Beach has launched a one-minute video, “Loving Lost in Venice.”

Blizzard Designer Exits Company After 17 Years

Pardo Was Lead Artist On ‘Warcraft,’ ‘Diablo’ Games

Blizzard Entertainment Inc. Creative Director Rob Pardo, a 17-year veteran at the Irvine-based video game maker and lead designer on the “World of Warcraft” and “Diablo” franchises, is leaving the company to embark on a new adventure.

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Irvine Publisher Gets Pet Websites

I-5 Publishing LLC in Irvine has acquired San Francisco-based Say Media Inc.’s Dogster and Catster websites, which attract a combined 2.5 million visitors each month, according to the company.

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CoreLogic to Close Charlotte Office

Irvine-based CoreLogic Inc. said it’s closing its Charlotte, N.C. office, cutting 46 jobs.

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UCI Squid Research Could Help on Medical Devices

University of California-Irvine materials science researchers have found a protein in squid skin that could be useful in developing medical devices.

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Oculus Cancels Some Rift Pre-Orders

Irvine-based Oculus VR Inc. has cancelled some pre-orders for its Rift VR DK2 headset after finding them for sale on eBay and other ecommerce sites.