News about Silicon Valley business almost everyday.
The Fremont Chamber of Commerce is holding the 2025 Fremont Burger & Brew Fest on Saturday, May 31, 2025 from 11 am to 5 pm. The event will be held in Downtown Fremont at the Downtown Event Center Plaza and Capitol Ave. from Liberty St. to State St. Tickets start at $45. The Burger & […]
Apple announced its App Store ecosystem in the U.S. facilitated $406 billion in developer billings and sales in 2024, according to a study conducted by Professor Andrey Fradkin from Boston University Questrom School of Business and economist Dr. Jessica Burley from Analysis Group. Importantly, for more than 90 percent of the billings and sales facilitated by […]
A San Jose fire captain has been charged for stealing narcotics meant to help emergency patients Mark Moalem, 45, of Gilroy, is alleged to have tampered with and taken vials of morphine and midazolam from the San Jose Fire Department. The 22-year veteran of the Fire Department is charged with stealing narcotic painkillers and sedatives […]
SANTA CRUZ — Joby Aviation, Inc., a company developing electric air taxis for commercial passenger service, announced the successful closing of the first $250 million tranche of a previously announced strategic investment from Toyota Motor Corporation. The funding marks a significant milestone in strengthening the long-term collaboration between the two companies and supports their shared […]
PALO ALTO — DataHub, by Acryl Data, a leading open source metadata platform, has raised $35 million in Series B funding led by Bessemer Venture Partners. This latest round brings the company’s total funding to $65 million, enabling accelerated development of its context management platform that provides discovery, observability, and control across data, AI models, and AI […]
Rippling — operator of a human resources platform — has raised $450 million in new financing and signed agreements to repurchase up to $200 million of equity from current and former employees. The financing includes investment from Elad Gil, Sands Capital, GIC, Goldman Sachs Alternatives, Baillie Gifford, and Y Combinator, along with participation from existing […]
Santa Clara Sheriff’s Department found a trio of crooks tied to 35 thefts from Ulta Beauty stores across the Bay Area that stole more than $45,000 in beauty products. The Sheriff’s Retail Theft Task Force, in partnership with the Santa Clara County District Attorney’s Office, connected the suspects to thefts in City of Cupertino, City […]
Square has launched Square Handheld, its most powerful, portable point-of-sale device ever. Combining a sleek, durable design with comprehensive, versatile software, Square Handheld enables sellers to manage everything from payments to back-of-house operations right from their pocket. The device can be purchased for $399. Square Handheld is built for fast-moving and operationally complex businesses, offering […]
Airbnb doesn’t want you to throw huge parties at its rental properties! As summer approaches, Airbnb is again rolling out proprietary anti-party technology across the US for Memorial Day and Fourth of July to promote responsible and safe stays. This marks the fourth consecutive year Airbnb has implemented these defenses to block certain bookings over […]
SAN FRANCISCO — StackHawk, the shift-left API security platform, has taken on $12 Million in additional funding from Sapphire and Costanoa Ventures to help security teams keep up with the pace of AI-driven development. With this funding, StackHawk will expedite shipping products and features that make it simple for modern teams embracing AI-driven development to scale safely, especially […]
In the month of April, San José Police Department Vice Unit Detectives conducted an undercover operation at recycling centers in the city of San José believed to be buying stolen copper wires and other stolen metals. This operation was initiated after an increase in copper wire thefts were reported throughout San José. With the assistance […]
MOUNTAIN VIEW — Financial company Intuit Inc., maker of TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced strong results for the third quarter of fiscal 2025, which ended April 30. Shares were up 8% during Friday trading. “We have exceptional momentum with outstanding performance across our platform. We’re redefining what’s possible with AI by becoming a one-stop shop of […]