• San Diego Tech Boom, Cybersecurity Surge, and Biotech Breakthroughs in the Local Pulse

  • Jan 12 2025
  • Length: 3 mins
  • Podcast

San Diego Tech Boom, Cybersecurity Surge, and Biotech Breakthroughs in the Local Pulse

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  • Summary

  • Good morning, this is San Diego Local Pulse for Sunday, January 12, 2025.

    We're starting with some exciting news from the tech sector. San Diego is emerging as a tech powerhouse, with a 12.5% growth rate over the past five years and an impressive 78,860 professionals in the field. The median tech salary here is $105,316, making it the 9th highest-paying tech market in the country. Major companies like Qualcomm, Illumina, and Bitcot are leading innovation across telecommunications, genomics, and digital solutions, creating tons of opportunities for fresh talent[5].

    In cybersecurity, the job market is booming, with a 31% growth and salaries averaging $149,573. Demand spans sectors like healthcare and financial services, with major firms like Northrop Grumman seeking talent in cloud security and AI tools. Entry-level roles start around $70,000, with many accessible through bootcamps and certifications[2].

    Moving to real estate, we have some notable commercial property sales. CBRE recently led the $12 million sale of a 67,000-square-foot building to Sorrento Biotech Center LLC. This deal highlights the growing demand for biotech space in San Diego[4].

    In community news, Rady Children's Hospital and CHOC have celebrated their merger, marking a significant step forward in pediatric healthcare. Additionally, Deerfield has acquired Singular Genomics Systems for $50.2 million, further solidifying San Diego's position in the biotech industry[4].

    Looking at today's events, there's plenty to do around the city. The 1915 Point Loma Road Race Celebration is happening at the San Diego Automotive Museum, starting at 7 am. For those who love farmers' markets, the Third Ave Certified Farmers' Market and Asian Bazaar, La Jolla Open Aire Market, and Point Loma Farmers Market are all open today[1].

    In sports, San Diego Wave FC has named Jonas Eidevall as their new head coach, bringing fresh talent to the team[4].

    On a lighter note, we have a feel-good story from the San Diego Foundation, which is funding over $4 million to support local students. This initiative underscores the community's commitment to education and youth development[4].

    Finally, in crime news, there have been no significant incidents reported in the past 24 hours. We'll keep you updated on any developments.

    Weather-wise, it's a beautiful day in San Diego, with clear skies and mild temperatures. Perfect weather for enjoying the outdoors and attending some of today's events.

    This has been San Diego Local Pulse. We'll see you tomorrow with more local updates.
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