Daily Business Report: August 7 2026
Seidler family: Sale of Padres could be complete later this month after vote by MLB owners
by Barry M. Bloom | Special for Times of San Diego
The pending sale of the Padres should close sometime this month, John Seidler, the team’s control person, told Times of San Diego on Wednesday night before they lost to the Arizona Diamondbacks, 10-4, at Chase Field.
Seidler said approval from the 30 owners will be conducted by call or electronically. An MLB spokesman for commissioner Rob Manfred’s office said Thursday in response to a text message that the action had not yet been scheduled.
The Seidler family announced May 2 they had decided to sell the team to Jose Feliciano, co-founder of Clearlake Capital Group, a private equity firm, and co-owner of the English soccer club Chelsea FC, and his wife, Kwanza Jones, a singer and songwriter. The team will be sold at a record valuation of $3.9 billion.
Del Mar Wants AG Bonta, Fairgrounds Official Investigated
by Tigyst Lane| Voice of San Diego
Del Mar City Councilmembers interrupted their summer vacation this week to call for an investigation into two state officials – a member of the Del Mar Fairgrounds board and California’s attorney general.
The Monday special City Council meeting lasted about 10 minutes. There was one public comment and no discussion among the councilmembers, leaving some with questions about what prompted the vote.
But to those who have been following City Hall, this is the latest in a long series of dustups between the city, a housing developer and the state.
Viasat demonstrates first integrated automotive satellite voice call capability with BMW Group
by Newsroom | ViaSat
Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced a landmark technology demonstration showcasing the first automotive satellite voice call demonstration fully integrated into a BMW Group vehicle’s platform.
It marks a significant step forward as Viasat brings Non-Terrestrial Network (NTN) communications into the connected vehicle ecosystem: enabling drivers and passengers to stay connected in remote or underserved areas where cellular coverage may be limited or unavailable.
Building on an earlier demonstration with eSIM capabilities from Cubic³, a leading provider of software-defined vehicle (SDV) solutions, Viasat experts in Munich utilized advanced technology including Qualcomm Technologies Inc.’s Snapdragon® Auto 5G Modem-RF Gen 2 solution, and the Fraunhofer IIS NESC AI voice codec. This enables voice communications to be sent using the NB-IoT communications protocol over Viasat’s highly reliable, L-band satellite network.
