Cubic Corp. reported a net loss of $5.4 million on sales of $313.8 million in its first quarter, which ended Dec. 31.
Mad Catz Interactive Inc. announced that its chairman, its chief executive officer and its chief counsel all resigned and have been replaced, effective immediately. The company offered no reason for the changes in a Feb. 8 announcement.
NASA plans to dispatch one of its high-altitude, unmanned Global Hawk aircraft to investigate El Niño weather patterns in the Pacific Ocean — and perhaps help the U.S. government fine-tune its weather forecasts.
BIZX LLC has acquired Slashdot Media from DHI Group Inc., the companies announced on Jan. 28. The acquisition included the web properties SourceForge.net and Slashdot.org. Financial terms of the deal were not disclosed. The transaction closed Jan. 27.
Vistage Worldwide Inc. said it named Sam Reese as CEO. Reese succeeds Leon Shapiro, who will continue to serve on the Vistage board of directors.
The head of Qualcomm Inc.’s venture capital arm, Nagraj Kashyap, has left to join Microsoft Corp., the big Washington software company confirmed.
TECH: Co. ‘Executing,’ But Q2 Outlook Is Weak
Wireless technology specialist Qualcomm Inc. seemed to be its old self — under promising and over delivering — when it reported earnings for its recently ended first quarter on Jan. 27. Guidance for the current quarter, however, disappointed Wall Street and shares slumped after hours.
TECH: Phablet Fans Feel the Devices Deliver Best of Both Worlds
When Soyeon Park signed up for phone service on her new Samsung mobile device, she got something she hadn’t bargained for: a lot of good-natured teasing from her co-workers.
A dispute between South Korea-based LG Electronics Inc. and San Diego’s Qualcomm Inc. is delaying $100 million of royalty revenue coming into Qualcomm, company officials said during an investor conference call Jan. 27.
The U.S. Navy celebrated completion of a 100,000-square-foot helicopter maintenance facility at Naval Air Station North Island on Jan. 21. RQ Construction was the prime contractor.