Chris Casacchia covers technology, aerospace and defense and sports. He can be reached at email@example.com.
Fuel Cells Save Electricity, Lower Data Center Costs
Monroe, La.-based CenturyLink Inc., one of the largest data-center builders and operators in the U.S., is testing a new fuel cell technology at its Irvine operation that could lead to significant cost savings in the capital-intensive sector while freeing up power on the taxed electrical power grid run by Southern California Edison and other energy providers.
Aliso Viejo-Based Startup Aims to Secure Standing in Fast-Growing Segment of Online Gaming
The 100-foot Mojo eases away from the dock to navigate Newport Harbor, passing waterfront mansions and celebrity getaways on its way to open waters.
TECHNOLOGY: 6% trim claims 115 jobs in ‘moderate restructuring’
Storage products maker Western Digital Corp. will shed 115 jobs from its Irvine headquarters as part of a “moderate restructuring” in response to sagging global PC sales.
Hollywood Backer, NBA Ties Point to Potential of VR Startup
Laguna Beach-based NextVR Inc. is on a hiring spree and considering the development of a new engineering hub in Orange County amid recent progress toward deals to license its virtual reality content technology to professional sports leagues.
Orders Up For Military, Aerospace Sensors
The Irvine operation of U.K.-based Meggitt Sensing Systems has been on a hiring push since consolidating its San Juan Capistrano and Londonderry, N.H., outfits less than two years ago.
Shares of Clean Energy Fuels Corp. were down about 2% in midday trading Tuesday after the Newport Beach-based company reported first-quarter revenue and adjusted profits that missed Wall Street expectations.
TECHNOLOGY: Boosts its connected-home standing
Fountain Valley-based D-Link Systems Inc. has strengthened its position in the booming connected-home market in a deal with the world’s largest retailer, Wal-Mart Stores Inc.
Ex-BlackStone Exec Aims For Stronger Service, Image
New Octane Chief Executive Bill Carpou is crafting a strategy to build awareness of the Irvine-based nonprofit; improve the development of early-stage technology and biomedical companies that use its programs; and bring outside investment into OC.
Irvine-based video game maker Blizzard Entertainment Inc. reported a big loss of online subscribers for its flagship World of Warcraft franchise that led to a steep drop in first-quarter revenue and operating profits.
Santa Ana-based Ingram Micro Inc. after the close of trading today reported first-quarter revenue that just beat Wall Street expectations, and adjusted profits that narrowly missed estimates.