San Diego Business Journal

SD BUSINESS JOURNAL DAILY ENEWS

Qualcomm: Over a Million Served Per Day in Internet of Things

Qualcomm Inc. said the company is shipping more than 1 million chips per day for a wide range of connected devices in the internet of things, or IoT.

By Brad Graves May 23, 2017 4:20 p.m. share »

As Challenges Continue, Inseego Gets New Lender

Losses continue for Inseego Corp., the business formerly known as Novatel Wireless.

By Brad Graves May 23, 2017 2:42 p.m. share »
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San Diego Apartment Building Sells for $2.04 Million

Investor Travis Likert of San Diego has acquired a 14-unit apartment property in San Diego’s Lincoln Park neighborhood for $2.04 million, according to brokerage firm San Diego Investment Brokers.

By Lou Hirsh May 23, 2017 1:09 p.m. share »

TP Therapeutics Raises $45 Million in Series C Round

San Diego-based TP Therapeutics Inc., a clinical-stage biopharmaceutical company focusing on addressing oncology drug resistance, announced that it raised $45 million in a Series C financing round.

By SDBJ Staff May 23, 2017 1 p.m. share »
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North Park Apartment Property Sold for $12 Million

Affiliates of San Diego-based E3 Investments Inc. have acquired a 43-unit apartment building in the city’s North Park neighborhood for approximately $12 million, according to CoStar Group and public data.

By Lou Hirsh May 23, 2017 12:02 p.m. share »

ViaCyte Announces $10M in Financing

San Diego-based ViaCyte Inc., a privately-held regenerative medicine company, announced $10 million in financing to support operations.

By SDBJ Staff May 23, 2017 11:10 a.m. share »

Five Companies Selected to Join Tech Accelerator

Five companies are joining a new technology accelerator program at UC San Diego’s Institute for the Global Entrepreneur, or IGE.

By Brad Graves May 23, 2017 10:37 a.m. share »
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Van Oene Named Illumina Chief Commercial Officer

Illumina Inc., a genomics technology company, announced that Mark Van Oene has been named chief commercial officer.

By SDBJ Staff May 22, 2017 3:43 p.m. share »

iboss Headquarters is Boston-Bound

iboss, the fast-growing cybersecurity company that opened a new San Diego headquarters building in 2015 with much fanfare, has moved its headquarters to Boston.

By Brad Graves May 22, 2017 3:39 p.m. share »
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Ocean Beach Apartments Sold for $2.08 Million

Florida-based investors Fred and Cynthia Deluca have acquired a six-unit apartment property in San Diego’s Ocean Beach neighborhood for approximately $2.08 million, according to brokerage firm ACRE Investment Real Estate Services.

By Lou Hirsh May 22, 2017 2:32 p.m. share »
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Palo Alto Firm Buys Oceanside Apartments for $30 Million

An affiliate of Palo Alto-based Pacific Urban Residential has acquired a 136-unit Oceanside apartment property for $30 million, according to CoStar Group and brokerage firm Kidder Mathews.

By Lou Hirsh May 22, 2017 2:22 p.m. share »
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Shariq Hussain Steps Aside as CEO at MEPS Real-Time

Shariq Hussain, CEO of Carlsbad-based MEPS Real-Time Inc., is stepping down from his role to become the company's chief technology officer because of health issues, the company announced Monday.

By Sarah de Crescenzo May 22, 2017 2:19 p.m. share »

General Atomics Awarded $195.2 Million Navy Contract

The U.S. Navy awarded General Atomics Electromagnetic Systems a $195.2 million deal to put its advanced arresting gear on the USS Enterprise — the third of the new, Gerald R. Ford-class aircraft carriers.

By Brad Graves May 22, 2017 1:48 p.m. share »
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Poway Office Building Sells for $5.36 Million

A San Diego buyer listed as Hotel Mediterranean LLC & 13th LLC has acquired a Poway office building for $5.36 million, according to brokerage firm Pacific Coast Commercial.

By Lou Hirsh May 22, 2017 1:01 p.m. share »

Augmented Reality, Mini Satellites Exhibited at Pentagon ‘Science Fair’

Every other year, the Defense Department puts on a science fair of sorts in the central courtyard of the Pentagon building.

By Brad Graves May 22, 2017 11:13 a.m. share »

MabVax Closes Public Stock Offering for $4.1 Million

San Diego's MabVax Therapeutics Holdings Inc. has closed its public offering of common and preferred stocks for $4.1 million, the company announced Monday.

By Sarah de Crescenzo May 22, 2017 11:08 a.m. share »
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Reporter’s Notebook: 4 Similarities among S.D. Entrepreneurs

After covering the local startup scene for exactly one year, I’ve noticed a few patterns about our local tech founders.

By Brittany Meiling May 22, 2017 10:20 a.m. share »
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Local Theme Parks Hope to Have Turnstiles Turning With Visitors to New Attractions

Here’s a sampling of long-awaited projects ramping up for openings this summer at SeaWorld San Diego, San Diego Zoo and Legoland California Resort.

By Lou Hirsh May 21, 2017 1:07 p.m. share »

San Diegans Are Working Like It’s 2006

The rate of unemployed job seekers in San Diego has fallen below 4 percent for the first time in more than a decade, according to data released May 19 by the California Employment Development Department.

By Sarah de Crescenzo May 21, 2017 1:06 p.m. share »

Mixed-Use Project Planned after $40M Purchase of Former Postal Facility

San Diego-based Hammer Ventures has acquired a former U.S. Postal Service property in the city’s Point Loma/Midway area for approximately $40 million, with plans to develop a new $325 million mixed-use project tentatively called The Point.

By Lou Hirsh May 21, 2017 1:06 p.m. share »