STARTUP: Incubator To Take 1% to 5% of Accepted Companies
EvoNexus, the startup incubator with offices in San Diego and Irvine, will require the next round of companies it admits to give up a stake in their business in exchange for EvoNexus’ services.
The company said its quarterly earnings incurred $310 million in charges related to its $1 billion cost-cutting plan announced in January.
ACQUISITION: Price, Regulators Part of Obstacles to Going Private
Since Paul Jacobs said his goodbyes to shareholders and the board of directors during Qualcomm Inc.’s annual shareholders meeting in March, the company’s former CEO and chairman of the board has been relatively quiet.
Qualcomm Inc. (Nasdaq: QCOM) will cut 1,231 jobs in San Diego.
Envisage plans to offer free access to VaultRMS' Exposure Tracker as part of itsFirstForward training network.
TECH: AI Likely To Be Necessary Part Of Cleaning Operations
Brain Corp., which makes artificial intelligence-powered navigation software that lets machines operate autonomously, has inked a deal with Tennant Co., a publicly traded Minnesota-based company that designs, sells and markets cleaning equipment worldwide.
The new service will bring an affordable Wi-Fi experience directly to consumers’ devices in Mexico.
The terminal, which will increase the fuel supply capacity and reliability in Baja California, is anticipated to begin operations in the second half of 2020.
Twice in two weeks, with Broadcom Ltd. closing in on a hostile takeover, Qualcomm Inc. issued an urgent message to its shareholders: Don’t forget about NXP Semiconductors NV.
ENERGY: Consumer Education, New Construction Could Help
With plenty of roofs and an abundance of sunshine, San Diego has been a leader for solar installations.
San Diego-based Brain Corp and Tennant Co., a cleaning product company, have teamed up to create the T7 Micro-Rider floor scrubber.
Qualcomm Inc. looked almost like an arm of the government last month when President Donald Trump cited national security risk as his reason for halting the San Diego semiconductor company’s attempted takeover by Singapore-based Broadcom Corp.
The Navy League’s Sea-Air-Space Exposition being held in National Harbor, Maryland, April 9-11, is the largest maritime exposition for the U.S. Navy, Marine Corps, Coast Guard and Merchant Marines.
TECH: Politics, IP Disputes, Acquisition Muddle Dealings
Qualcomm Inc.’s footing in its most important market has gotten a little shakier lately as the Trump administration’s confrontation with China over intellectual property rights and national security threatens to disrupt two sets of negotiations vital to the company.
The chip manufacturer has begun a nationwide search for replacement.