Adobe News

FTC Says Adobe Made Subscriptions Hard to Cancel

The Federal Trade Commission is taking action against software maker Adobe and two of its executives, Maninder Sawhney and David Wadhwani, for deceiving consumers by hiding the early termination fee for its most popular subscription plan and making it difficult for consumers to cancel their subscriptions. A federal court complaint filed by the Department of Justice upon notification […]

News

Nicole Perlroth Named Partner at Ballistic Ventures

SAN FRANCISCO — Ballistic Ventures, a venture capital firm dedicated exclusively to funding cybersecurity startups, announced that Nicole Perlroth has been appointed to Venture Partner. The new role for Perlroth, who previously served as an advisor to Ballistic, deepens her work with the firm. “In advising Ballistic’s portfolio companies in the fund’s early days, it became clear to […]

Google News

Amazon Web Services Holds 59.6% of Cloud Market Share

Worldwide revenue for the public cloud services market totaled $669.2 billion in calendar year 2023, an increase of 19.9% compared to 2022, according to new data from the International Data Corporation (IDC) Worldwide Semiannual Public Cloud Services Tracker. The largest source of public cloud services revenue in 2023 was Software as a Service – Applications (SaaS […]

News

Chipotle Mexican Grill Shares Surge to All-Time High

Shares in burrito restaurant chain Chipotle Mexican Grill hit an all-time high on Monday, rising $93.75 to close at $3,365.46. Shares hit an intraday and all-time high of $3,384.04. The company announced last week during its annual meeting,shareholders approved an increase in the number of authorized shares of its common stock, which is necessary to […]

News

Canary Technologies Rounds Up $50 Million Series C

SAN FRANCISCO — Canary Technologies, the global leader in hotel guest management technology, announced today that it has closed a $50 million Series C funding round. The round was led by global software investor Insight Partners, who also led the company’s Series B, with participation from existing investors F-Prime Capital, Thayer Ventures, Y-Combinator, and Commerce […]

Apple News

Apple iPhone 15 Pro Max Tops List of Best-Selling Smartphones

Apple’s iPhone 15 Pro Max was the top selling smartphone in the first quarter according to research from Counterpoint. Apple and Samsung dominated the top-10 best-selling smartphones list for Q1 2024, each capturing five positions and leaving no spot for other brands, according to Counterpoint Research’s Global Monthly Handset Model Sales Tracker. This was the first […]

News

Affirm Adds New Payment Options

SAN FRANCISCO — Affirm, which offers buy now pay later services, has introduced two new payment options, Pay in 2 and Pay in 30, to bring even greater choice and flexibility to consumers utilizing Affirm’s app. The company says consumers won’t owe a penny more than what they agree to upfront as there are no […]

News

Northwestern Mutual Expands San Jose Office

SAN JOSE — Northwestern Mutual, a financial security company focused on comprehensive financial planning through both insurance and investments, is announcing the relocation and expansion of its office in San Jose. The new office, situated at 1919 South Bascom Avenue, Suite 350 in Campbell, CA, boasts a client service center complete with a concierge, coffee […]

News

Airbus Names New CEO of Silicon Valley Research Center

SUNNYVALE — Acubed, Airbus’ Silicon Valley-based research and innovation center, has announced the hiring of Dr. Victoria Coleman as CEO, effective July 15, 2024. Dr. Coleman will also serve as Airbus’ Head of Research & Technology for North America. Dr. Coleman brings a breadth of experience to the dual role, as well as a distinguished […]

News Venture Capital

Better Health Scores $14 Million in New Funding

SAN FRANCISCO — Better Health, a medical supply and support provider built on peer-to-peer connection, announces $14 million in strategic funding, which includes investments from Healthworx, the innovation and investment arm of CareFirst Inc., UHealth – University of Miami Health System, and Mosaic General Partnership. This investment underscores the industry’s recognition of Better Health’s pivotal […]

Google News Venture Capital

Santa Ana Bio Emerges From Stealth With Google Ventures Backing

ALAMEDA –Santa Ana Bio, a precision immunology company developing targeted therapies for patients with autoimmune and inflammatory diseases, has emerged from stealth with $168 million in combined Series A and B funding. Founding investor Versant Ventures led the Series A round and was joined by TPG’s Life Science Innovations fund and GV (Google Ventures). The […]

Netflix

Sun Country Airlines Begins Flights From Oakland

OAKLAND — Sun Country Airlines has begun service at San Francisco Bay Oakland International Airport (OAK). The carrier will offer seasonal nonstop flights between OAK and Minneapolis-Saint Paul (MSP) throughout the summer 2024 travel season. Sun Country Airlines is a new entrant at OAK and is the only carrier at the airport that currently offers […]