STARTUP: Cos. Need To Make Sure Culture, Style Are Good Match
Ecosystems of incubator and accelerator programs have sprung up in tech cities around the world in response to demand from entrepreneurs for launching pads for their endeavors.
Sempra Energy has agreed to sell its U.S. non-utility solar energy generation assets, one wind facility and certain battery storage facilities to Consolidated Edison Inc. for $1.54 billion in cash.
Renovate America has promoted Harold Lewis from chief operating officer to CEO, effective Sept. 1. The privately held company made the announcement on Sept. 19.
Qualcomm Inc.'s board is about to give CEO Steve Mollenkopf a raise because of the way his team has navigated through recent challenges, according to a Sept. 19 report from Bloomberg News.
Moving on from two thwarted M&A deals, Qualcomm Inc. is preparing to appoint two new directors, Reuters reported on Sept. 18, citing unnamed sources.
Sempra Energy has signed a deal with activist investors Elliott Management Corp. and Bluescape Energy Partners LLC, agreeing to seat two new board members among other provisions.
Taking a step against counterfeiters and cheats, Qualcomm Inc. has produced software to identify counterfeit, illegal and stolen mobile devices, making it freely available.
Shares reached a 52-week high as Qualcomm Inc. announced plans to buy back an additional $16 billion in stock.
Four new startups have been accepted into the EvoNexus incubator program, and the founders of each have agreed to give the nonprofit organization a stake in their companies in exchange for participation.
North County Aims for Vibrant And Growing Coworking Culture While Adapting to Area’s Limitations
When Brendan Foote and his colleagues at Bloc wanted to expand their coworking company, they went to Carlsbad.
ECONOMY: Eco Friendly Crop Would Sell to Chefs, Ranchers and Farmers
Early last year, Leslie Booher and Torre Polizzi, founders of Sunken Seaweed LLC., made their way down to Ensenada, Mexico, and snuck into the Offshore Mariculture Conference, all in hopes of meeting Paula Sylvia, the Port of San Diego’s program manager of aquaculture, and speak with her about their desire to help preserve kelp in California.
San Diego-based CalPrivate Bank has received federal approval to open a location in El Segundo, where it will serve the South Bay region of Los Angeles County.
The board of directors at Sempra Energy has named CEO Jeffrey Martin chairman, effective Dec. 1.
UC San Diego has again landed at No. 26 on Pitchbook’s annual list of the top 50 universities that are producing venture capital-backed entrepreneurs.