News about Silicon Valley business almost everyday.
SeaWorld announced that a new first-of-its-kind coaster will open in each of its parks nationwide in Spring 2023. They include the world’s first surf coaster in Orlando, the longest and fastest straddle coaster in San Diego, and the world’s first launched flume coaster in San Antonio. The new attractions will bring new experiences for families and […]
Veteran actor Kevin Bacon has joined Beverly Hills Cop: Axel Foley, a sequel to the Beverly Hills Cop action films. The movie will air on Netflix. Bacon has starred in numerous films including Footloose, Sleepers, Apollo 13, A Few Good Men, JFK and Mystic River. Judge Reinhold, John Ashton, Paul Reiser and Bronson Pinchot have […]
PALO ALTO — Endor Labs officially came out of stealth and raised $25 million, launching the company with a Dependency Lifecycle Management Platform that helps development and security teams maximize software reuse by safely evaluating, maintaining, and updating dependencies. Endor Labs has raised $25 million in seed financing from Lightspeed Venture Partners, Dell Technologies Capital, […]
Mercedes-Benz has teamed up with Apple to offer Apple Music’s highly acclaimed Spatial Audio with support for Dolby Atmos is now available as a native experience in Mercedes-Benz vehicles for the first time, delivering on a shared commitment to provide customers worldwide with the very best music experience. Apple Music with Spatial Audio comes fully […]
SAN FRANCISCO — Astra, a provider of instant card-to-card funding as a service in the U.S., has scored a $10 million Series A funding round led by FPV Ventures, with participation from Slow Ventures and Allegis Capital, as well as a $30 million line of credit through CoVenture to support the company’s rapid expansion in the payments industry. In 2021 […]
BERKELEY — Ambi Robotics, the first robotics company to deploy Sim2Real artificial intelligence (AI) in commercial production for parcel sortation, has landed $32 million in additional funding. Existing investors Tiger Global and Bow Capital are joined by Ahren and the company’s strategic partner, Pitney Bowes. The funding will fuel the deployment growth of AI-powered parcel sorting systems as customer demand increases […]
PALO ALTO — Kasa Living, Inc. has opened a new hotel in the heart of Silicon Valley. Kasa Palo Alto is now open to guests. Located just minutes from Stanford University at 3255 El Camino Real, Kasa Palo Alto is a newly renovated, mission-style property with modern rooms catered to the independent traveler. Outfitted with a fresh palette and furnishings, Kasa Palo […]
Amazon plans to hire 150,000 employees throughout the U.S. in full-time, seasonal, and part-time roles across its operations network. A diverse range of roles—from packing and picking to sorting and shipping—are available to applicants from all backgrounds and experience levels. Employees can earn, on average, more than $19 per hour based on position and location […]
LOS ANGELES – Northstar, which provides financial wellness benefit for employees, has raised $24.4 million in new funding led by GGV Capital and joined by new investors PayPal Ventures, Thomson Reuters Ventures, and Canvas Ventures. Existing investors M13, Workday Ventures, Parade Ventures, Foundation Capital, Designer Fund, and RRE also participated, bringing Northstar’s total funding to $40 […]
Jennifer Lawrence is starring and producing in a new movie titled Causeway that will debut on Apple TV+ globally and in select movie theaters on November 4. Apple Original Films and A24 unveiled the trailer for the new drama starring and produced by Academy Award winner Lawrence. Causeway is an intimate portrait of a soldier […]
SAN FRANCISCO — DataGrail, which operates a data privacy platform, has closed $45 million in Series C funding in an oversubscribed round that brings the company’s total funding to $84.2 million. Third Point Ventures led the round, with participation from Thomson Reuters Ventures and Sixty Degree Capital as well as previous investors Felicis Ventures, Operator […]
eBay said a comic book featuring Spider-Man recently sold for $65,100, the third-highest price ever on the site for a comic book. The Amazing Spider-Man may be a household name today, but in the early 1960s, Peter Parker was one of the newest masked superheroes in the Marvel Universe. Created by Marvel Comics legend Stan […]