Chris Casacchia covers technology, aerospace and defense and sports. He can be reached at email@example.com.
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The three major U.S. indexes all fell more than 1% in the first trading session after the Martin Luther King Jr. holiday, fueled by dips in energy and industrial stocks and ongoing global economic growth concerns.
TECHNOLOGY: Motion sensor headsets; driving stress detectors
For many companies trying to cut through the clutter, CES is as much about showcasing developing technologies than highlighting ones in use today.
Investor Cuts Stake; AI Firm Questions Credibility
Apis Capital Management has pulled its unsolicited $198 million cash offer for Costa Mesa-based Veritone Inc.
TECHNOLOGY: More than 100 presenters at Vegas show
More than 100 Orange County-based companies demonstrated their newest products last week at the world’s most prominent technology trade event.
Ingram Micro to Apollo?; $7.5B Asking Price
BlackBerry Ltd.’s pending $1.4 billion acquisition of Irvine-based security software maker Cylance Inc. has crossed its first hurdle.
Jimmy P Built Microsemi Into Computer Chip Giant
Jim Peterson, often known as “Jimmy P,” dressed in jeans and a black holiday shirt, with forearm tats exposed, is looking comfortable and relaxed these days.
The three major U.S. indexes all fell more than 1% in the intraday session following lowered guidance by Apple Inc. related to dampened iPhone sales this quarter and growing economic uncertainty in China.
TECHNOLOGY: HQ for startups shuts doors
Stuart Frost, founder of a San Juan Capistrano-based startup incubator that’s helped launch more than 20 tech-focused firms since 2010, was ordered to pay $16 million to investors after losing an arbitration case, the Business Journal has learned.
OC Engineering Fair Set; HyperX’s Very Big Logo
Experian PLC is opening a DataLabs location in Singapore, the fourth location of its type that the company says helps businesses solve strategic marketing and risk-management problems through advanced data analysis.
Same as it ever was: OC’s tech industry will continue to be affected by consolidation, a long-running theme here since coming out of the Great Recession.
Two blockbuster sales and the return of tech star Palmer Luckey grabbed big headlines in an overall strong year for OC’s diverse technology sector.
TECHNOLOGY: Apis Capital makes unsolicited bid
Apis Capital Management really likes Veritone Inc., to the point of offering to buy it at an 82% premium.
Broadcom Axes More Jobs; Clean Energy Hits Turkey
Netwrix Corp. has made its first acquisition under Chief Executive Steve Dickson, who took over the top post this past March at the Irvine-based security-focused business software maker.
The major U.S. indexes all fell more than 1% in another volatile trading session, fueled by economic concerns about China and Europe, and blue chippers like Johnson & Johnson, Adobe Inc., and Costco Wholesale Corp
TECHNOLOGY: Sees tracking potential in every new vehicle
Vehicle-location services provider Spireon Inc. found itself being tracked in the past year.
WDC Names Alexy; Irvine App for Inspectors
Executives at Arizona-based Microchip Technology Inc. are still blaming some of its corporate problems on the $10.3 billion acquisition in May of Microsemi Corp. in Aliso Viejo.
GAMING: Post Malone to promote products
HyperX is closing 2018 like a rock star.
The major indexes all fell today amid heightened recessionary fears, doubts on the U.S. trade agreement with China and an overall down day for tech stocks.
Automotive: Hyundai unveils flagship SUV
Orange County’s cadre of automakers revealed the global launches of several models and concept designs last week at the largest auto show on the West Coast.
VERI’s Wild Ride Endures; Microsoft Vets InXile
Irvine’s luxury automaker Karma Automotive LLC struck a deal with San Francisco-based Drive Motors Inc., which specializes in online checkouts that help auto dealerships boost sales.
GAMING: Software giant buys independent OC studios
Microsoft Corp.’s new quest to become the Netflix of video game streaming and original content picked up steam and talent with the recent buy of two local independent studios.
TECHNOLOGY: Bish’s patience leads to biggest catch
It took Reynolds Bish six years to catch his biggest fish.
Ducommon Sales Up 15%; Diablo Fans Mad as Hell
It’s earnings season, and here’s a snapshot of the most recent quarterly performances and outlooks of several local technology companies traded on the big boards.
TECHNOLOGY: Shock sale of high-flying Irvine Co.
Cylance Inc. has grown into one of the most trusted names in software security, and a deep-pocketed buyer in the midst of a big corporate reinvention has taken notice.
TECHNOLOGY: Ad services company grows fast
ConversionPoint Technologies Inc. made quite a statement last week.
Skyworks in CityTouch; Crowdstrike $3B+ IPO
An Illinois-based IT service provider’s aggressive expansion in Orange County includes a showroom in Anaheim and a sponsorship deal with the Anaheim Ducks and Honda Center.
‘Diablo’ Game Under Watch of New President
Blizzard Entertainment Inc. will release its first multiplayer, action role-playing video game for mobile devices in another evolutionary turn for the Irvine-based publishing giant.
Shares of Skyworks Solutions Inc. are down after the chipmaker provided December quarter revenue and earnings targets below Wall Street expectations.
Alteryx Inc. reported revenue increased 59% year-over-year to $54.2 million while posting a narrower loss of $244,000, compared to a loss of $3.3 million in the same period a year ago.
All three major indexes increased more than 1% in midday trading in the first session following the midterm elections.
Women Make More Inroads On Public Co. Boards as Law Ups Pressure
Orange County’s most valuable public companies are taking steps to increase the diversity of their boardrooms.
Broadcom Founder Gives Insight Into New Focus
Henry Samueli is best known as the billionaire brains behind chipmaker Broadcom Inc. and the owner of the Anaheim Ducks. Nowadays, the 64 year old with an engineering doctorate, while still committed to his strategic role as chief technical officer at Broadcom, is a healthcare advocate.
Oculus Co-Founder Iribe Excited for ‘Next Chapter’
Sometimes investing in a neighbor doesn’t work out as planned.
TECHNOLOGY: Raises $25M from Microsoft, Intel
Irvine-based chip startup Syntiant Corp. attracted some of tech’s biggest names in its second funding round.
Luckey Tweets New Jobs; BMC Vet Joins Veritone
Airworthy Cabin Solutions LLC’s new production facility in Anaheim gives the aircraft interior products maker a lot more legroom.
Shares of Santa Ana Firm Stalling
Iteris Inc. (Nasdaq: ITI) grew its top line 23% in the past two years as more local and state governments installed “smart” transportation systems.
Seeing Pickup as Pentagon Expands Military Budget
Local employment at Orange County’s largest aerospace and defense contractors was flat in the past year in a wave of industry consolidation and increased spending on national defense.
Cylance Teaches Classes; Soccer Club Hires Gamers
San Jose-based Broadcom Inc., which has more than 1,000 workers at its Irvine operations, says a memo claiming the Department of Defense is probing its pending deal for CA Technologies is fake.
The Los Angeles Angels of Anaheim today opted out of their lease at Angel Stadium, where they have played home games since 1966.
TECHNOLOGY: Suit confirms bitter split
The honeymoon between executives at Microsemi Corp. and Microchip Technologies Inc. is officially over, four months after a $10.2 billion megadeal that began the two chipmaker’s marriage.
U.S. stocks jumped on a broad rally across all 11 sectors of the S&P 500, which rose 1.5% in midday trading to 2,791.69.
Palo Alto Networks Exec Joins Alteryx’s Board
More than 70 investors, from seed backers to established venture capitalists, lined up on Oct. 3 to hear the latest pitches by companies in the clean-technology industry.
Los Angeles Chargers majority owner Alexander Gus Spanos died Tuesday morning. He was 95.
Irvine-based independent gaming studio Obsidian Entertainment Inc. is set to be sold to tech giant Microsoft Corp., according to published reports.