Website Offers Platform for ‘Selfies’ to Break Down Social Barriers
TECH: A Rating System Invites Comment to Open Dialogue Among Strangers
Some businesses depend on great technology or a great location. Duncan McLaren’s Encinitas-based business rides on the strength of the selfie.
Foreign Sales Show Co. Goes Extra Mile
DEFENSE: Datron’s ‘Loaners’ Also Part of Marketing Strategy
Few San Diego County companies view Afghanistan as a business opportunity.
Qualcomm to Provide Proximity Beacons at 20 Major League Ballparks
Qualcomm Inc. said on March 6 that it will provide proximity beacons to 20 Major League Baseball parks for the 2014 season.
Survey Seeks Your Input on Leadership Succession Planning
As baby boomers start retiring in waves and millennials step in to fill the void, business owners might be puzzling over management succession. Some take a very formal approach to the problem; others approach it casually.
Rebranding Results in Harrah’s Resort Southern California, aka, Harrah’s SoCal
Caesars Entertainment Corp. and the Rincon Band of Luiseño Indians have put a new brand on their casino-resort as they get ready to open their second hotel tower.
El Al to Use ViaSat’s In-Flight Internet Service
ViaSat said that El Al will be the first customer for its Exede in-flight Internet service in Europe, adding that the airline plans to launch service within a year.
New Qualcomm Leader Is Officially in Charge
Qualcomm Inc. announced an historic management transition as well as a $5 billion increase in its stock repurchase plan on March 4, the day of its annual shareholder meeting.
Maxwell Technologies Sees Stock Jump 38% During 3 Trading Days
Shares of Kearny Mesa ultracapacitor-maker Maxwell Technologies Inc. rose 38 percent in three days of trading on Feb. 28, March 3 and March 4, closing at a 52-week high of $12.23.
Part of Lockheed Martin Work on New Navy Ship to Be Done in San Diego
The U.S. Navy has awarded Lockheed Martin Corp. a $10.8 million contract option covering the post-delivery support for one of its new ships, the future USS Milwaukee.
Contract Options Awarded Include Work at Naval Air Station North Island
The U.S. Navy’s Naval Air Systems Command has awarded contract options to four businesses, which will provide services at command headquarters at Patuxent River, Md. as well as outlying locations including Naval Air Station North Island.
Websense Is Taking Texas Goody Bag and Going
It’s official: Websense is moving its headquarters to Austin, Texas.
FMT Opens Office in Century City
Citing an uptick in its Los Angeles business and seeking to build on those gains, Carlsbad-based FMT Consultants LLC has opened an office on Santa Monica Boulevard in Century City.
Websense Takes Texas Goody Bag
It’s official: Websense is moving its headquarters to Austin, Texas. The Austin Chamber of Commerce announced the move Feb. 28.
FMT Consultants Opens Office in Century City
Citing an uptick in its Los Angeles business and seeking to build on those gains, Carlsbad-based FMT Consultants LLC has opened an office on Santa Monica Boulevard in Century City.
Being in the Right Place at the Right Time Is Everything in Tech
Technology Column
Dot-what? Lawyers and business executives recounted two sprawling technology stories during two evening presentations in late February.
Plug and Play Accelerator Seeking a Brick-and-Mortar Site
TECH: Property for Program Must Bring Proper ‘Lifestyle’
An organization concerned with getting young companies on their feet is now thinking about putting a roof over its own head. Plug and Play San Diego, which has had a virtual presence in town, plans to be in its own quarters during the first half of 2015, its leaders said.
Military Decisions
DEFENSE: Pentagon’s Fiscal 2015 Spending Plans Are Mixed Bag for Region
Northrop Grumman Corp.’s odd-looking Global Hawk aircraft might better have been named the Phoenix, since the bird seems to be rising from its own ashes.
Novatel's Machine-to-Machine Radios to Be Used by Vehicle Tracking Systems
A Long Island, N.Y. maker of vehicle tracking electronics is updating its product line with the help of San Diego-based Novatel Wireless.
General Dynamics Defense Deal Could Be Worth $250.1 Million
General Dynamics Corp. said that its Advanced Information Systems unit received a subcontract that could be worth as much as $250.1 million over 10 years if its U.S. Navy customer exercises all options.
Cubic’s Stock Ticker Symbol Gets an ‘LF’ Added to It, for Now
Cubic Corp. said on Feb. 25 that the New York Stock Exchange is changing the company’s ticker symbol to indicate it will be late in filing its financial statement from the quarter ended Dec. 31.
Pentagon Proposal Favors Northrop Grumman’s Global Hawk Over U-2 Spy Aircraft
In a surprise twist, the Pentagon has proposed retiring the U-2 high altitude spy aircraft in favor of the unmanned Global Hawk, a San Diego product.
Qualcomm Unveils 2 New Snapdragon Processors
Qualcomm Inc. took the wraps off of two Snapdragon processors Feb. 24.
GA-ASI Nabs $94M in Contract Modifications
The U.S. Army awarded General Atomics Aeronautical Systems Inc. two contract modifications worth $94.3 million.
Austin Vying for Websense as the Company Considers Its Relocation Options
San Diego-based Websense Inc. may be considering more than one city as its new headquarters location. Meanwhile, city leaders in Austin, Texas, have OK’d an incentive package to bring Websense to their city, sweetening a multimillion-dollar deal offered by the state government.
Sentek Global Inc. Promotes Galetti to COO Position
Sentek Global Inc. said that it has promoted Jason Galetti to COO.
Golden Goose Award Goes to Local Physicist for Contribution
Honk if you love science. There is such a thing as the Golden Goose Award, and rest assured, winning it is a good thing.
MediaTek Inc. Expanding to Sorrento Valley
TECH: Microchip Maker Will Add a $3 Billion Presence to ‘Wireless Valley’
Chipmaker MediaTek Inc. wants to set up shop in Sorrento Valley as part of a global expansion and a push to serve the world’s growing middle class.
Sentek Global Names Galetti to COO Position
Sentek Global Inc. said that it has promoted Jason Galetti to COO.
Austin Vies for Websense as Company Considers Its Relocation Options
San Diego-based Websense Inc. may be considering more than one city as its new headquarters location. Meanwhile, city leaders in Austin, Texas, have OK’d an incentive package to bring Websense to their city, sweetening a multimillion-dollar deal offered by the state government.
Slacker Must Stand Out in Internet Crowd
RADIO: New CEO Needs To Boost Brand Awareness
Internet radio provider Slacker Inc. has tapped an executive from Nintendo of America Inc. and The Walt Disney Co. to further its growth and face its rivals in a crowded musical marketplace.
Defense Contract Could Be Worth $35M for Leidos Inc.
Leidos Inc., one of the two companies created with the 2013 split of SAIC, said on Feb. 20 that it received software work from the U.S. Strategic Command that could be worth as much as $35 million if the government exercises all of its options.
Maxwell Technologies Reports Net Income of $6.3M for the Year
Maxwell Technologies Inc. — a San Diego maker of ultracapacitors, high-voltage capacitors and microelectronics — reported a net loss of $2.8 million on revenue of $39 million during its fourth quarter, which ended Dec. 31.
2 Local Small Businesses to Compete for Navy Contracts for Cultural Evaluation Work
Though it can’t promise the intrigue of an “Indiana Jones” movie, the U.S. Navy can promise work in the archaeological space.
Illumina Launching ‘World’s First’ Genomics Incubator
Illumina Inc. is launching what it bills as the world’s first genomics incubator, saying it has teamed up with technology billionaire Yuri Milner and Silicon Valley Bank to invest hundreds of thousands of dollars in startups.
Cubic Corp. Announces Dividend
Cubic Corp. said that it will pay out a semiannual dividend of 12 cents per share March 14.
Qualcomm Pulls Plug on New Snapdragan Chip
Qualcomm Inc. is canceling its Snapdragon 802 chip, meant for smart TVs.
Franklin Wireless Posts Improved Second-Quarter Revenue, Profit
Franklin Wireless Corp., a Sorrento Mesa-based business that designs and manufactures wireless modules and modems, reported net income of $127,000 on net sales of $7.55 million during its second quarter, which ended Dec. 31.
Kratos Gets $5.2M Government Order
Kratos Defense and Security Solutions Inc. recently received a $5.2 million order for unspecified blast-resistant and hardened products.
Technology Revs Up Allowing Many Truck Engines to Shutdown
Pretend for a moment that you are not in San Diego. Your job is to drive a snowplow. One of those big blizzards you’ve seen in the news is poised to strike your town, and the boss has stationed you downtown in your truck. It’s cold. No, really cold. You need to run your cab heater while you wait, so of course you have to run your engine at idle.
Kratos Receives $5.2M Order From Government
Kratos Defense and Security Solutions Inc. recently received a $5.2 million order for unspecified blast-resistant and hardened products.
Needs of Navy Addressed at 2014 Convention
DEFENSE: Wearable Computers, Cybersecurity Are on the Must-Have List
A U.S. Navy admiral told industry leaders that the military needs resilient, reliable and affordable technology from its suppliers. He also said that he sees a future in the military for wearable computer technology, such as glasses that place a computer monitor near a wearer’s eye.
Online Poker Big Deal For Indian Casinos
GAMING: State Legalization Would Present Opportunities
Local Native American casino operators are mulling how they might incorporate online poker into their business plans as research suggest that state laws prohibiting it might be changing.
Wireless & Wearable
Technology: Companies of All Sizes Exploring Burgeoning Market Offered By Devices We Will Wear
Qualcomm Inc. executive Nikhil Jain recalls the day that then-CEO Paul Jacobs called him to ask whether he would like to work on a watch.
Overland Storage Reports Q2 Results
Overland Storage Inc., the Kearny Mesa company specializing in data storage and data protection technology, reported a net loss of $4.3 million on net revenue of $10.6 million during the second quarter of its fiscal year, which ended Dec. 31.
Eisai Attempting to Sell Arena's Weight-Loss Drug, Belviq, in Brazil
San Diego-based Arena Pharmaceuticals Inc. announced plans to sell its weight-loss drug, Belviq, in Brazil.
Kratos Defense Deal Could Be Worth $29.6 Million
Kratos Defense and Security Solutions Inc. said on Feb. 11 that it will provide the U.S. Navy with certain systems and services for unmanned drones.
Cubic Finds Errors, Will Restate Financial Results
Cubic Corp. said that it plans to restate its financial results from fiscal 2012 and fiscal 2013.
Helix-Hon Joint Venture Co. Gets Defense Contract Potentially Worth $30 Million
The U.S. Navy’s construction office awarded the Helix-Hon Joint Venture Co. an indefinite quantity contract that could be worth as much as $30 million.
Mad Catz Interactive Reports Net Loss of $566,000 in Q3
Mad Catz Interactive Inc., a San Diego maker of computer game peripherals, reported a net loss of $566,000 on net sales of $32.9 million in its third quarter, which ended Dec. 31.
TakeLessons Expands Reach With Acquisition of Betterfly
Whether it’s understanding the quadratic formula or bending one’s fingers to make an F chord on a guitar, TakeLessons says it can help.
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