socalTECH
JANUARY 23, 2020
San Diego-based artificial intelligence software developer Brain Corp says it is saw "record sales and revenue growth" in 2019, on strong retailer demand for autonomous, mobile robots. The privately held company did not disclose any financial details of its actual sales and revenues. READ MORE>>.
socalTECH
FEBRUARY 22, 2016
San Diego-based cell phone recycling kiosk operator ecoATM , which is owned by Outerwall, is being targeted by an investor group which wants Outerwall to sell of ecoATM--as well as other assets. ecoATM, which is still based in San Diego, was acquired by Outerwall in July of 2013 for $350M, by Outerwall subsidiary Coinstar.
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TechCrunch LA
DECEMBER 8, 2020
He did note that in the four markets where the company has gone live since launching its business in January 2019 — San Diego, Los Angeles, the Inland Empire , and Sacramento — has yielded an annualized revenue run rate of over $400 million in gross merchandise value (the total value of home sales transacted on its platform).
socalTECH
MARCH 15, 2016
Outerwall , the parent company of San Diego-based cellphone recycling kiosk operator EcoATM , said late Monday that it has hired an investment banker, and is now looking at "strategic alternatives". Outerwall was already under fire by investor groups, which had been demanding the sale or shutdown of EcoATM.
TechCrunch LA
OCTOBER 5, 2020
“The only success criteria of my startup career is whether GrubMarket can eventually make $100 billion of annual sales,” he said to me over both email and in a phone conversation. ” I don’t doubt that he means it. Underpinning its tech is the sheer size of the operation: economies of scale in action.
TechCrunch LA
APRIL 8, 2021
In a small industrial park located nearly halfway between Los Angeles and San Diego, one company is claiming to have hit a milestone in the development of a new technology for generating power from nuclear fusion.
socalTECH
OCTOBER 6, 2010
San Diego-based Qualcomm confirmed Tuesday evening that it is considering shutting down its FLO TV, mobile television service, after reports that the firm is planning to shut off the service. Qualcomm said it is suspending direct consumer sales of devices, and will continue maintaining the service until Spring 2011.
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