SD BUSINESS JOURNAL DAILY ENEWS

Illumina Buys Edico Genome for $100M

Genomics giant Illumina has purchased Edico Genome, adding a processing platform to Illumina’s portfolio.

Impact of Qualcomm's Pain: Co. to Vacate 5 Buildings in Sorrento Mesa

Looming layoffs of 1,231 workers from Qualcomm’s San Diego operations are leading the company to vacate or sublease about 222,000 square feet of space in five buildings over the next several months in a move likely to shake up the commercial real estate market around the chipmakers’ Sorrento Mesa headquarters.

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COMMENTARY: Lifesaving Solution for S.D. Coronado Bridge

More than 400 people have given up their lives jumping from the San Diego-Coronado Bridge since 1969 — with 98 in the past six years. San Diego and Coronado have become hosts to a suicide magnet that is now averaging 16 deaths per year.

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University Heights Apartments Sold For $5.3M

Apartments were built in 1970

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MEI Pharma Reports $75 Million Private Placement

San Diego-based MEI Pharma reported on May 14 raising $75 million through a private placement, led by Vivo Capital and CAM Capital.

Cubic Earns Contract to Support Navy Training

Cubic Global Defense business division earns $16 million contract to help train U.S. Navy

Top Tech Execs Receive Awards

Thirteen of San Diego County’s top IT leaders received special recognition on May 10 during the 11th annual “Top Tech Exec Awards.”

San Diego Regional EDC Debuts Free 'Toolkit' to Bolster Local Business Recruitment Efforts

The material highlights career opportunities and lifestyle amenities available in the San Diego region.

‘Flight’ Plan Ready to Help Renew the Cedros Design District

PROPERTY: Developer, Designer Plan Mixed-Use Project in Solana Beach

The man who was a driving force behind creation of the Cedros Design District in Solana Beach more than 25 years ago has come up with a project he hopes will breathe new life into the two-and-a-half block collection of shops, day spas and boutiques.

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SDBJ INSIDER: Mentoring Gives Leaders a Very Active Retirement

Jeff Campbell became CEO of Burger King at age 39 and says he was smart enough to do the job but wasn’t wise enough. Brainpower and energy can go a long way, but he points out experience brings patience and proper detachment. He held several other high-profile executive roles but last held a fulltime business gig in 2004.

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Business Events Calendar for Week of May 14, 2018

Business events scheduled for San Diego County for the week of May 14, 2018, and beyond.

Bridgepoint Has Down Q1 as Business Transitions

EDUCATION: Earnings Fall as Company Becomes Online Program Manager

San Diego-based Bridgepoint Education, a for-profit postsecondary education services provider, said its revenue for the first quarter of 2018, which ended on March 31, came in at $118 million, down from last year’s first quarter revenue of $129.5 million.

Firm Using Machine Learning To Build A Better Website

TECH: Carlsbad Co. Digs Deeper on Analytics, On High Growth Trajectory

In an industrial office space in Carlsbad, Ezoic’s machines are learning. They are learning what makes a good website.

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La Jolla House Brings It All Together in a Perfect Harmony

All that can be seen from the street of this home on Spindrift Drive in La Jolla is two sets of wooden doors on a four-car garage. It would not be discernible to the casual observer that the residence below is among the most exclusive and luxurious estates in San Diego County.

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Developmentally Disabled Get Chance to Work and Create

St. Madeleine Sophie’s Center, an El Cajon-based nonprofit, announced that it received a $35,000 Project Innovation grant from NBCUniversal Foundation.

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Mission Valley Apartment Complex Sold

Bella Posta Apartments has 344 units

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4 MetroConnect Cos. to Compete for $35K in Export Support

Votes cast by attendees at the MetroConnect Grand Prize PitchFest on June 7 will determine which company is awarded the money.

At Bay, City, Developer And Shovels Ready to Go

PROPERTY: Construction May Start in 2019

At long last, after more than 25 years of talk and false starts, a $1.1 billion resort hotel and convention center on Chula Vista’s bayfront may be close to becoming a reality.

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Fintech Platform Packages Services, Solutions

FINANCE: Advisors Get Access to Support, Tools Under One Sign-In

Financial advisors at national brokerages, called wirehouses, have been leaving to join independent broker-dealers or become registered investment advisors (RIAs) in increasing numbers since the global financial crisis a decade ago.

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AOTI Inc. Expands Executive Team

The private company based in Oceanside and Galway, Ireland, provides solutions to resolve severe and chronic wounds worldwide.