SD BUSINESS JOURNAL DAILY ENEWS

Technology Drives Change Even in Parking Management

No, you can’t pay for parking with Bitcoin, at least not yet, but other things are changing in the world of parking management.

Chula Vista Apartments Sold for $6.15 Million

San Diego-based Mar Village II LLC has acquired a 35-unit apartment property in Chula Vista for $6.15 million.

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La Mesa Apartment Property Sells for $5.92 Million

Noel Family Trust of San Diego has purchased a 13-unit apartment property in La Mesa for approximately $5.92 million.

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MemComputing's Computation Engine Said to Bring Speed That's Hard to Believe

The engineer behind ecoATM, one of San Diego’s most successful startups, has launched a new venture that he says will disrupt the artificial intelligence and machine learning industries.

Tourmaline Labs Gets $1M in Follow-On Round and a New CEO to Push Commercialization

Tech startup Tourmaline Labs has brought in $1 million in seed money — and a new chief executive — to help the company scale.

What's Behind Recent Leadership Changes at Law Firms

This year has brought a sea change in leadership at some of the most active law firms in San Diego.

Chula Vista and Santee Locations Will Be Part of Kaiser, Target Major In-Store Clinic Expansion

Kaiser Permanente in November will launch two additional Kaiser-staffed retail clinics in regional Target stores.

San Diego Ranks Fourth for Summer Airbnb Stays

San Diego was the nation’s fourth-busiest city for short-term stays booked through Airbnb during the summer of 2017, the San Francisco-based company reported.

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LiveXLive Media Is Acquiring Slacker Radio in $50M Cash and Stock Deal

Beverly Hills-based LiveXLive Media Inc. has entered a deal to acquire Rancho Bernardo-based Slacker Radio for $50 million in cash and stock.

Hard Rock Cafe Closing Downtown San Diego Location

Downtown’s Hard Rock Cafe San Diego will close at the end of 2017, though operators did not specify reasons for the shuttering of the Gaslamp Quarter restaurant.

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Abide Therapeutics Appoints Chief Financial and Strategy Officer

San Diego-based drug developer Abide Therapeutics has hired Sapna Srivastava as its chief financial and strategy officer.

Irvine Co. Enters Del Mar Heights Office Market with Two-Building Purchase

Irvine Co. of Newport Beach has acquired the two-building Township 14 office property in Del Mar Heights, marking its first acquisition in that submarket of San Diego’s Carmel Valley.

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Empyr Launches Major Expansion

San Diego tech startup Empyr has launched a major expansion that includes doubling the company’s office space and its staff.

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Amazon Expanding Local Offices, But is There More in Store?

E-commerce giant Amazon Inc. really likes San Diego, recently adding to its already growing presence by leasing more than 100,000 square feet of office space at University Towne Center.

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SDCCU May Replace Qualcomm As Stadium Name

Naming rights for the building now known as Qualcomm Stadium may go to San Diego’s largest locally headquartered financial institution, San Diego County Credit Union, which has offered $500,000.

Lymber Technology Going National Following Acquisition By Mindbody

Technology developed by San Diego startup Lymber Inc. is deploying nationwide later this month following the company’s acquisition by Mindbody Inc.

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Lockheed Ventures Invests in Ocean Aero

Lockheed Martin Ventures made a strategic investment in Ocean Aero Inc., a San Diego company that makes autonomous seagoing vehicles, the companies announced.

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Spec Office-Industrial Redevelopment is Underway in Kearny Mesa

Building owner LBA Realty of Irvine is redeveloping a Kearny Mesa property it acquired in December 2016 into a new speculative office and industrial campus, according to brokerage firm CBRE Group Inc.

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The Business Calendar for the Week of September 18, 2017

Some of the business events planned in the county for the week of September 18, 2017, and beyond.

Grolltex Inc. Gets $600K To Further Scale Operations

Local investors have forked over an additional $600,000 to San Diego startup Grolltex Inc. as the company begins to scale its operations.

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