AMD News

AMD Buying Xilinx for $35 Billion in Stock

SANTA CLARA — AMD announced a blockbuster deal to acquire San Jose’s Xilinx in an all-stock transaction valued at $35 billion. The merger will expand the breadth of AMD’s product portfolio and customer set across diverse growth markets where Xilinx is an established leader. Xilinx stock rose 8.5% on the deal news to close at […]

News

Federation Bio Launches With $50 Million Series A

SOUTH SAN FRANCISCO — Federation Bio, a microbial therapeutics company targeting diseases in which the human microbiome can play a curative role, has closed a $50 million Series A financing and expanded its leadership team with a new CEO. Federation Bio is pioneering new approaches for treating intractable diseases by combining an unprecedented number of […]

News

Prime to Develop New Data Center in Santa Clara

SANTA CLARA — Prime Data Centers, a wholesale data center real estate developer, announced it will build a four-story, 121,000-square-foot data center in the heart of Silicon Valley. Located at 1111 Comstock Street in Santa Clara, Prime will begin construction within the next 60 days and will be ready to accept tenants in late 2021. This carrier-neutral […]

News

DoorDash Launches Corporate Service

DoorDash, the nation’s leading food delivery service, announced a new program for businesses called DoorDash for Work, which allows organizations to offer their workforce meal benefits and food perks through DoorDash.  DoorDash for Work serves all work meal occasions for remote employees and employees who have transitioned back into the office. Meal options extend across […]

News

Plug and Play Selects 102 Startups for Fall Batch

SUNNYVALE — Plug and Play has announced the selection of 102 new startups into their fall 2020 batches. These startups were selected to join one of the following programs that will run through October 2020: Brand & Retail, Enterprise Tech, Food & Beverage, Media & Advertising, New Materials & Packaging, and Supply Chain. Of the 102 startups, 49 of them are internationally based and […]

Facebook News

Reuters to Provide Facebook With Election Results

Reuters, one of the world’s leading news organizations, is teaming up with Facebook to provide social media users with live U.S. election night results. Election day is Tuesday, November 3. Throughout election night, authoritative data delivered by Reuters will be shown on Facebook’s Voting information Center and shared in push notifications. This will include live […]

New Products News

Fitibit Launches New Sense Smartwatch

SAN FRANCISCO — Fitbit has unveiled Fitbit Sense, which the wearables company says is its most advanced health smartwatch, bringing new sensor and software technology with the world’s first electrodermal activity (EDA) sensor on a smartwatch to help manage stress, along with advanced heart rate tracking technology. Paired with a free six-month trial of Fitbit Premium, […]

Apple News

AMD Radeon Pro 5000 Chips to Power iMac Graphics

Chip maker AMD announced its new AMD Radeon Pro 5000 series Graphic Processing Units (GPU) will be available in the newly updated 27-inch iMac from Apple. The new GPUs power a wide variety of graphically intensive applications and workloads, unleashing creativity and productivity for consumer and professional users alike. The new AMD Radeon Pro 5000 […]

News

Doordash Launches Online Convenience Store

Delivery service Doordash is launching DashMart in eight cities across the U.S. — including Redwood City serving Silicon Valley. Dashmart is an online convenience store where customers can order household essentials and local restaurant favorites delivered right to their doorsteps within 30 minutes using Doordash’s vast network of drivers. Dashmart will offer thousands of convenience, […]

Apple News

Apple Updates iMac Lineup

CUPERTINO  — Apple announced a major update to its 27-inch iMac desktop computer. The new 27-inch iMac features faster Intel processors up to 10 cores, double the memory capacity, next-generation AMD graphics, superfast SSDs across the line with four times the storage capacity, a new nano-texture glass option for an even more stunning Retina 5K […]

Google News

Google to Invest $450 Million in ADT

MOUNTAIN VIEW and BOCA RATON, FL —  Google is teaming up with ADT, one of the nation’s leading providers of security and smart home solutions. Google plans to invest $450 million to acquire 6.6% ownership in ADT, The partnership will combine Google’s Nest security hardware and services, powered by Google’s machine learning technology, with ADT’s […]

News

Clorox Names New CEO

OAKLAND — The Clorox Company, maker of cleaning products, has promoted its President to become the new CEO, effective Sept. 14, 2020. Linda Rendle, a 17-year veteran of the company, will be promoted to chief executive officer and elected to the company’s board of directors. Benno Dorer will continue serving as the board’s executive chair. Dorer, 56, […]

News

Velodyne Lidar Partners With Blue City Technology

SAN JOSE — Velodyne Lidar, Inc. has announced a multi-year sales agreement with Blue City Technology, developer of a Smart City system for traffic monitoring. The Blue City Technology solution, equipped with Velodyne’s lidar sensors, helps improve road safety and mobility by providing real-time multi-modal traffic data and analytics to traffic lights. Blue City Technology uses Velodyne […]

News Uber

Uber Snaps Up Postmates in $2.65 Billion Deal

SAN FRANCISCO — Uber Technologies will acquire delivery service Postmates for approximately $2.65 billion in an all-stock transaction. Both companies are based in SF. The deal brings together Uber’s global Rides and Eats platform with Postmates’ delivery business in the U.S. Postmates is the fourth-largest delivery service in the nation and highly complementary to Uber […]

News

British Law Firm Freshfields Opens Silicon Valley Office

MENLO PARK — British law firm Freshfields Bruckhaus Deringer has opened a new office in Silicon Valley with seven founding partners. Corporate lawyers Sarah Solum, John Fisher and Maj Vaseghi, together with litigators Boris Feldman and Doru Gavril, will join as new partners. They will launch the office with U.S. capital markets partner Pamela Marcogliese […]

Deals News

Amazon Buys Zoox for $1.2 Billion

Internet giant Amazon is buying Zoox, a Foster City-based developer of self-driving car technology for a reported $1.2 billion according to The Wall Street Journal. This amount is far lower than Zoox’s previous valuation as high as $3.2 billion. Zoox was founded in 2014 with the goal of creating zero-emissions vehicles designed for autonomous ride-hailing, […]

News

United to Restart Shanghai Service From SF

United Airlines announced it will resume service to China with twice-weekly flights between San Francisco and Shanghai’s Pudong International Airport via Seoul’s Incheon International Airport beginning July 8. United will operate service with Boeing 777-300ER aircraft from San Francisco to Shanghai on Wednesdays and Saturdays. Customers traveling from Shanghai will return to San Francisco on Thursdays and Sundays. “United’s service to mainland China has been a point of pride for our employees and customers for […]

News

Suburbs See Jump in Housing Demand

SANTA CLARA — Consumers are showing an increasing preference for housing in suburban and rural areas as they return to the market after the pandemic according to data from realtor.com. In May, online listing views on the real estate site in suburban ZIP codes grew by 13 percent, nearly doubling the pace of growth of […]

Facebook News

Chipotle to Take Orders on Facebook

NEWPORT BEACH, CA — Chipotle, which offers fast-casual Mexican food at over 2,600 locations, is introducing a series of enhancements to its mobile ordering capabilities including Pepper, its Concierge Bot on Facebook Messenger. Beginning June 22, customers can order food from Chipotle on Messenger by visiting FACEBOOK.COM/CHIPOTLE or the Chipotle page on the Facebook app and […]

News

Impossible Foods Opens E-Commerce Store

REDWOOD CITY — Impossible Foods, maker of plant-based foods, is launching an all-new e-commerce site, allowing people in the lower 48 states to buy the award-winning Impossible Burger and cook it at home. The startup’s direct-to-consumer channel offers family-size quantities of the plant-based Impossible Burger starting at $49.99 (plus tax). The orders come with compostable […]

News

CVS to Test Self-Driving Nuro Deliveries

CVS, one of the nation’s largest pharmacy chains, is teaming up with Nuro to test its fleet of autonomous vehicles to deliver prescriptions and essentials across three zip codes in Houston, TX. The chain has been at the forefront of delivery innovation; it was the first company to make prescription home-delivery a nationwide option in […]