News about Silicon Valley business almost everyday.
SUNNYVALE — Google Cloud will accept payment via cryptocurrencies in a new deal with Coinbase. The two companies have announced a new, long-term strategic partnership to better serve the growing Web3 ecosystem and its developers. The collaboration will involve Coinbase selecting Google Cloud as a strategic cloud provider to build advanced exchange and data services. Coinbase will use Google […]
Tesla announced that Airbnb co-founder Joe Gebbia has joined Tesla’s Board of Directors, effective September 25, 2022. Gebbia, a designer and entrepreneur, has spent the last 14 years of his career as co-founder of Airbnb. The service he built with his co-founders transformed the hospitality industry, allowing travelers seeking local experiences to book homes in nearly […]
The Mega Millions jackpot keeps rolling along! No ticket matched all six numbers drawn Friday night – the white balls 16, 26, 37, 40 and 51, plus the gold Mega Ball 6 – so the big prize rolls to an estimated $380 million ($198.4 million cash) for the next drawing on Tuesday, October 4. There […]
TORONTO — Intuit, the financial technology platform behind TurboTax, Credit Karma, QuickBooks, and Mailchimp, has announced the official opening of its new Canadian headquarters in Toronto’s downtown core. Located in ‘The Well’ at Front Street West and Spadina Avenue, the new space is Intuit’s first global site that has implemented the company’s workplace of the future design. “We’ve identified the […]
Meta, the parent company of Facebook, said it took down two covert influence operations — from China and Russia — that were violating the company’s policy against Coordinated Inauthentic Behavior (CIB). Meta shared this information with peers at tech companies, security researchers, governments and law enforcement so they too can take appropriate action. At the […]
Amazon is offering another Prime Early Access Sale, a new two-day global shopping event exclusive to Prime members. The event begins October 11 at 12 a.m. PDT and runs through October 12 in 15 countries: Austria, Canada, China, France, Germany, Italy, Luxembourg, the Netherlands, Poland, Portugal, Spain, Sweden, Turkey, the UK, and the U.S. Amazon […]
LOS GATOS — ServiceUp, an autotech startup that provides an unique end-to-end full-service car repair experience, has secured its Series A funding of $14.5 million. Global investment firm Tiger Global led the round, along with participation from Hearst Ventures and Chaos Ventures. Founded in early 2021, the South Bay startup connects consumers, via the ServiceUp app, to a ServiceUp […]
SAN FRANCISCO — Kumo, a graph machine learning-centered AI platform that allows anyone in an organization to harness the power of data to make faster, simpler, and smarter predictions, has raised $18 million in Series B funding led by Sequoia Capital. This latest round also includes participation and/or advisorship from existing and new investors including […]
Meta is introducing new features that will make it easier for people on Facebook and Instagram to access, create and navigate between multiple accounts and profiles. The company says it knows that many people use more than one of its apps to pursue different interests, reach a broader audience or share different aspects of who […]
SAN FRANCISCO — Bessemer Venture Partners says it has closed $4.6 billion in new capital across two funds—$3.85 billion for its twelfth flagship fund, BVP XII, and $780 million for its inaugural BVP Forge fund. These two new funds allow the firm to back entrepreneurs and management teams across all stages of growth, regardless of […]
SAN JOSE – Roku, Inc. announced that three senior executives have been named as presidents of the company’s media, devices, and consumer experience business areas. Media industry veteran Charlie Collier will be joining Roku as President, Roku Media, effective in late October, based in New York. Under Collier’s leadership, Roku Media will reinforce Roku’s commitment […]
SAN FRANCISCO — DocuSign has named Allan Thygesen as its new Chief Executive Officer. Allan will begin leadership of the company and a role on DocuSign’s Board of Directors, effective October 10th. Mary Agnes “Maggie” Wilderotter will conclude her role as interim CEO with this appointment and will help Allan with a smooth transition. She will continue […]