News about Silicon Valley business almost everyday.
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 […]
Google announced it will Invest up to $150 million in Warby Parker, a designer of eyeglasses and national chain of stores. Warby Parker will partner with Google to develop AI-powered glasses intended for all-day wear. The partnership will combine Warby Parker’s signature approach to eyewear design with Google’s industry-leading technology ecosystem, bringing the next generation […]
SAN JOSE — Two California men pleaded guilty yesterday to not paying over employment taxes to the IRS. The following is according to court documents and statements made in court: Lalo Valdez and Matthew Olson, both of Northern California, operated a San Jose-based health informatics and product development company that provided clinical care and technology […]
SAN FRANCISCO — Regeneron Pharmaceuticals, a NY-based, biotechnology company — is buying bankrupt 23andMe for $256 million. The agreement includes Regeneron’s commitment to comply with the Company’s privacy policies and applicable law, process all customer personal data in accordance with the consents, privacy policies and statements, terms of service, and notices currently in effect and […]
At the Computex trade show in Taiwan, NVIDIA unveiled NVIDIA NVLink Fusion — new silicon that lets industries build semi-custom AI infrastructure with the vast ecosystem of partners building with NVIDIA NVLink, the world’s most advanced and widely adopted computing fabric. MediaTek, Marvell, Alchip Technologies, Astera Labs, Synopsys and Cadence are among the first to […]
Ernst & Young LLP (EY US) announced the finalists for the prestigious Entrepreneur Of The Year 2025 Bay Area Award. Now in its 40th year, the Entrepreneur Of The Year program celebrates the bold leaders who disrupt markets through the world’s most ground-breaking companies, revolutionizing industries and making a profound impact on communities. The program honors […]