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Daily Business Report

Daily Business Report: Monday, March 27, 2023

Visual Capitalist

The Top 50 Most Visited Websites in the World

By Nick Routley

Estimates vary, but there are upwards of two billion websites in existence in 2023.

If we were to rank all of these websites according to their traffic numbers, we would see a classic power law distribution. At the low end, the vast majority of these websites would be inactive, receiving little to no traffic. On the upper end of the ranking though, a handful of websites receive the lion’s share of internet traffic.

This visualization, using data from SimilarWeb, takes a look at the 50 websites that currently sit at the top of the ranking.

Which Websites Get the Most Traffic?

Topping the list of most-visited websites in the world is, of course, Google. With over 3.5 billion searches per day, Google has cemented its position as the go-to source for information on the internet. But Google’s dominance doesn’t stop there. The company also owns YouTube, the second-most popular website in the world. Together, Google and YouTube have more traffic than the next 48 websites combined.

The power of YouTube, in particular, is sometimes not fully understood. The video platform is the second largest search engine in the world after Google. As well, YouTube has the second highest duration-of-visit numbers in this top 50 ranking. (First place goes to the Chinese video sharing website, Bilibili.)

But Google and YouTube aren’t the only big players on the internet. Other websites in the top 50 ranking include social media giants Facebook, Instagram, and TikTok. In particular, TikTok has seen a surge in popularity in recent years and is now one of the most popular social media platforms in the world.

View the infographic

New study: Cost of living in San Diego close
to 50 percent higher than the national average

The overall cost of living in San Diego is 47 percent higher than the national average, according to a new report from Apartment List. This ranks 8th most expensive among the 100 largest cities included in the report.

Across the county, housing is by far the most impactful expense when it comes to overall cost of living, according to the report. In San Diego, housing costs are 127 percent higher than the national average. 

As for the other cost of living components: when compared to the national average, groceries in San Diego are 10 percent more expensive, transportation costs are 28 percent more expensive, health care is 7 percent more expensive, and utilities are 11 percent more expensive, the report said.

According to the Apartment List study, California is the third most expensive state in the United States in cost of living. The cost of living in California is 39.44 percent higher than the national average. The most expensive city in California is Sunnyvale, where the cost of living is 60.85 percent higher compared to the state average and 124.3 percent higher than in the rest of the U.S. The cheapest major city in California is Fresno, with a cost of living being 23.19 percent lower compared to the state average and 7.1 percent higher than the national average.

Atherton, one of the nation’s richest communities, has California’s highest concentration of electric cars. (Photo by Martin do Nascimento)
Who buys electric cars in California — and who doesn’t

By Nadia Lopez and Erica Yee | CalMatters

In Atherton, one of the nation’s richest towns, giant oaks and well-manicured hedges surround gated mansions owned by some of Silicon Valley’s most prominent billionaires, basketball stars, tech executives and venture capitalists. 

Each set on an acre of land, six-bedroom estates, brick-paved pathways, neoclassical statues and cascading fountains are on full display. But increasingly, another status symbol has been parked in these driveways: a shiny electric car — sometimes two.

This tiny San Mateo County community — with an average home value of almost $7.5 million and average household income exceeding half a million dollars — has California’s highest percentage of electric cars, according to a CalMatters analysis of data from the Energy Commission. About one out of every seven, or 14 percent, of Atherton’s 6,261 cars are electric. 

CalMatters’ statewide analysis of ZIP codes reveals a strikingly homogenous portrait of who owns electric vehicles in California: Communities with mostly white and Asian,college-educated and high-income residents have the state’s highest concentrations of zero-emission cars. And most are concentrated in Silicon Valley cities and affluent coastal areas of Los Angeles and Orange counties.

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San Diegan Mayra Alvarez appointed
to Covered California Board of Directors

Mayra E. Alvarez, of San Diego, has been appointed to the Covered California Board of Directors by Gov. Gavin Newsom. Covered California is the state’s official health exchange agency. Alvarez has been president of the Children’s Partnership since 2015. She was director of the State Exchange Group for the Center for Consumer Information and Insurance Oversight at the U.S. Department of Health and Human Services’ Centers for Medicare and Medicaid Services from 2014 to 2015. Alvarez was an associate director of the Office of Minority Health at the U.S. Department of Human Services from 2013 to 2014 and director of public health policy in the Office of Health Reform at the U.S. Department of Health and Human Services from 2010 to 2013. 

Alvarez was a Legislative Fellow for U.S. Senator Barack Obama from 2005 to 2006. She is a board member of the Center on Budget and Policy Priorities, the Food Research and Action Center and the Coalition for Humane Immigrant Rights (CHIRLA) Action Fund.

The position requires Senate confirmation and the compensation is $100 per diem. Alvarez is a Democrat.    

Aerial view of downtown San Diego and Port of San Diego properties. (Photo by Brent Haywood)
Port to hold its first career fair April 7 
featuring dozens of businesses seeking employees

The Port of San Diego will host the inaugural People of the Port Career Fair on Friday, April 7, where nearly 40 participating bayfront businesses will have job openings for people of all education, skill and experience levels. The event will be at InterContinental San Diego, 901 Bayfront Court, San Diego 92101.

The Port of San Diego supports more than 64,000 jobs and injects $9.2 billion into the county’s economy, according to the 2019 Economic Impact Report.

Participating industries include aquaculture, cruise, commercial and sportfishing, eco-tourism, engineering, food industry, hospitality, marine retrofit and construction, maritime, military, public safety, public sector, retail, shipbuilding, ship repair, shipping and logistics, transportation and automotive, travel industry, tourism and entertainment.

For more information, including the latest list of employers that will be represented, tips for success, and educational sessions that will be held during the event, go to portofsandiego.org/careerfair.

John Cicero named provost and chief
academic officer for National University

SAN DIEGO — National University announced that John Cicero will serve as the permanent provost and chief academic officer. In this role, Cicero will oversee the upcoming expansion of the university’s academic programs which will focus on providing career-relevant certificates and degrees that will prepare students for the jobs of today and the future. Cicero joined NU in 2012 serving in the roles of dean of the School of Engineering, Technology & Media, dean of the School of Engineering and Computing, vice provost of academics and faculty (while simultaneously serving as the dean of College of Professional Studies), and most recently interim provost. 

Navy, Coast Guard begin maritime security patrol

SAN DIEGO — Last week the U.S. Navy and U.S. Coast Guard began their joint patrol in the Western Pacific under the Oceania Maritime Security Initiative (OMSI) to reduce and eliminate illegal, unregulated, unreported fishing, combat transnational crimes, and enhance regional security. OMSI, a Secretary of Defense program, improves maritime security and domain awareness by enabling Coast Guard law enforcement personnel to conduct maritime law enforcement operations from Navy ships. These joint and combined operations ensure the U.S. military honors its security commitments to allies, partners, and friends.

SDG&E recognized by Chartwell 
for wildfire preventive measures

SAN DIEGO — San Diego Gas & Electric (SDG&E) was recently honored with a “2023 Chartwell Best Practices Award” for developing and using the Wildfire Next Generation System, or WiNGS, to help protect communities it serves from regional wildfire risk.

WiNGS is a cloud-based tool that combines visual representations of SDG&E’s infrastructure with real-time weather data and information from wildfire mitigation initiatives, including but not limited to historical ignitions, tree strike analysis, wildfire modeling, Public Safety Power Shutoff (PSPS) probability and critical customer locations. 

Greenbutts adds Michael W. Ogden
as a strategic adviser to the company

SAN DIEGO — Michael W. Ogden has joined Greenbutts, a leader in biodegradable filtration technology, as a strategic adviser. Ogden comes to Greenbutts from a distinguished and accomplished 35+ career at Reynolds, a major multi-category U.S. tobacco and nicotine company, where he was responsible for all regulatory submissions, scientific research and scientific and regulatory advocacy and engagement for all Reynolds American tobacco operating companies and tobacco products. He recently retired from Reynolds as senior vice president of scientific and regulatory affairs.

ESET webinar look at how to meet rising
cybersecurity insurance requirements

SAN DIEGO — ESET, a global leader in digital security, announced its upcoming webinar, “Cyber Insurance – How to Meet Security Requirements,” taking place March 30, 2023 at 10 a.m. Presented by ESET Chief Security Evangelist Tony Anscombe and Sales Engineer Jorge Andino Jr., the webinar will look at how the rise of cybercrime has impacted cyber risk insurance requirements, and what companies must do in order to mitigate their risks and secure coverage. To register for this cybersecurity insurance webinar, visit https://notify.eset.com/cyber-insurance-23/?partnerref=cha-wbr-em

New EDC study: AI-ML for smart, thriving cities

SAN DIEGO — EDC unveiled the final installment in a five-part series on the proliferation of Artificial Intelligence and Machine Learning across San Diego’s key industries. With a focus in this round on Smart Cities technology, the report — now live at smartcities.sandiegoAI.org — explores the region’s untapped potential, the impediments to AI-ML integration, and how other “smart” regions around the world are moving the needle.

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Padres Pedal the Cause raises $2.3 million

SAN DIEGO — Local nonprofit Curebound hosted its 10th Padres Pedal the Cause recently, raising more than $2.3 million for cancer research. Part of more than $18.2 million raised to date, this year’s funds will funnel into six research facilities: UC San Diego Moores Cancer Center, the Salk Institute, Sanford Burnham Prebys, Rady Children’s Hospital, La Jolla Institute for Immunology, and Scripps Research to advance anti-cancer drug development and collaboration within the region.

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DiversityFund closes $20 million
multifamily deal in Sand City

SAN DIEGO — DiversyFund, an investment platform based in San Diego, announced the purchase of The Independent, a 61-unit multifamily midrise property located in Sand City, Calif., just outside Monterey. The $20 million deal was brokered by Cushman & Wakefield Northern California Multifamily Advisory Group and represents an opportunity to expand DiversyFund’s holdings in a supply-constrained coastal market at below replacement cost. 

Quick Custom Intelligence launches
new version of flagship product

SAN DIEGO — Quick Custom Intelligence, a leading provider of innovative software solutions, announced the launch of version 5.2 of its flagship product, the QCI Enterprise Platform. The release includes over 200 new features and enhancements, making it the most significant update in the company’s history. The 5.2 version upgrade focuses on three key areas: player development, marketing, and gaming operations. QCI was founded by Ralph Thomas and Andrew Cardno, and is based in San Diego.

National Resilience approved for $410 million loan

SAN DIEGO — National Resilience Inc., a technology-focused biomanufacturing company dedicated to broadening access to complex medicines, has signed a finance agreement for $410 million in long-term loan financing from the U.S. Department of Defense, working with the U.S. International Development Finance Corporation. The loan financing will support Resilience’s mission to establish significant domestic, end-to-end biomanufacturing capacity and capabilities for biologics, vaccines, and nucleic acids.

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