| San Diego Business Journal

Ad Astra Accelerator Has 3 in First Grad Class

The inaugural cohort of the new San Diego accelerator program for women-led startups is nearing the end of the 12-week program.

$100 Million Later, AI Startup May Close

TECH: Highly Touted in 2016, KnuEdge Cites Lack of Funds

A San Diego company that emerged from stealth mode with $100 million nearly two years ago after a decade of developing artificial intelligence technologies may be forced to close due to a lack of funds.

Edico Brings Valuable Tech Tools to Illumina

BIOTECH: Acquisition Moves Co. Toward Push-Button Process for Analysis

Illumina bought data processing specialist Edico Genome for $100 million as part of a bid to expand genomics testing in research and health care.

Pioneering VC Arlan Hamilton, Founder of Backstage Capital, to Keynote San Diego Startup Week

Hamilton recently announced the launch of a $36 million fund to invest in black female founders' companies. A San Diego-based company is among those in which she has previously invested.

Kratos Receives $18M Order

Work under these recent orders will be performed at secure Kratos manufacturing facilities.

Cubic Forms Partnership With Stockholm Company

Cubic and 4C Strategies will explore opportunities to further integrate the companies’ complementary products, services and solutions.

Impact of Qualcomm's Pain: Talent Will Be In Demand

While commiserating with Qualcomm workers left jobless in the wake of the company’s decision to cut roughly 9 percent of its local headcount, the region’s tech community is also eyeing the tech giant’s talented castoffs as a potential source of fuel for local innovation.

Qualcomm Stock Rises, Falls on Contradictory Reports of Acquisition Review

As trade talks continue, it's unclear whether regulators in China have resumed reviewing Qualcomm's proposed acquisition of NXP Semiconductors.

DB Networks Announces Company Name Change

DB Networks, a privately-held predictive database data loss prevention company headquartered in San Diego, announced on May 11 it has changed its name to DB CyberTech.

Silvergate, Banker of Choice for Cryptocurrency Cos., Sees Deposits Rise 125 Percent in One Year

The bank attributed $1.3 billion of its $1.7 billion in deposits as of March 31 to fintech clients.

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.

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.

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.