News about Silicon Valley business almost everyday.
Apple ranks as the No. 1 Best Global Brand for the 11th consecutive year according to consulting firm Interbrand. Interbrand has unveiled its Best Global Brands 2023 ranking, revealing many of the world’s top 100 brands are in a state of stagnation. The rate of growth in the overall brand value of the table slowed […]
OAKLAND – Michael Brent Rothenberg, a former San Francisco venture capitalist once described in Bloomberg as “Silicon Valley’s Party Animal,” was convicted last week of wire fraud, money laundering, bank fraud, and making false statements to a bank by a federal jury, announced Criminal Division Chief Thomas C. Colthurst, Federal Bureau of Investigation Special Agent […]
SAN FRANCISCO – Restaurant reservation service OpenTable has named its first ever list of the Top 100 Restaurants in America list for 2023. Featuring an updated methodology using OpenTable diner reviews and new metrics, the list uncovers some of the most in-demand restaurants by OpenTable diners this year.1 The list only includes restaurants that use OpenTable for reservation […]
HAYWARD — Lithos Energy Inc., a leading manufacturer of high-performance lithium-ion battery systems, has opened a state-of-the-art manufacturing and pilot line facility for its latest generation of batteries. The 65,000 square foot engineering facility is located in Hayward. This new facility will feature enhanced pack assembly automation and will manufacture, at scale, Lithos’ high-performance and high-durability battery […]
SAN FRANCISCO — Nextdoor — which operates a local-targeted social networking site covering 315,000 neighborhoods in 11 countries — is cutting 25% of its workforce or about 200 jobs to reduce costs. The move will save the company about $60 million per year in personnel expenses. Nextdoor reported earnings and metrics for the quarter ended […]
Persistently high mortgage rates continue to test California’s housing market as home sales fell for the fourth consecutive month in September, while the median price rose from the year-ago level for the third straight month to record its largest year-over-year gain in more than a year, according to the CALIFORNIA ASSOCIATION OF REALTORS (C.A.R.) Closed […]
LIVERMORE – Taj Mahal, an authentic fine dining Indian restaurant, has opened at Republic Square at Livermore, bringing the rich and diverse flavors of India to residents near and far. The restaurant is located at 4705 Livermore Outlets Drive and has a lunch buffet Tuesday thru Sunday from 11:30 a.m. to 3:00 p.m. Named after […]
FREMONT — Pony.ai, which develops software for self-driving cars, has raised $100 million from NEOM, a region in northwest Saudi Arabia, through the NEOM Investment Fund (NIF). The company will form a joint venture that will establish autonomous technology solutions for the region. Through the venture, NEOM and Pony.ai will develop, manufacture and deliver autonomous […]
Chromebook was first introduced over a decade ago and is now a popular platform of low-priced laptops for schools and other users. Since Chromebooks run on Google’s own operating system, these laptops are much cheaper than those running on Microsoft’s Windows operating system. Now Google has teamed with up its partners Acer, Asus, HP and […]
SAN JOSE — Roku plans to bring more original holiday content to audiences, sharing plans to bring half-hour romantic comedy series “The Holiday Shift” from CBS Studios and Fulwell73 and romantic comedy film “How to Fall in Love by the Holidays” starring Teri Hatcher to The Roku Channel this November. “This holiday season, The Roku […]
Apple is bringing more choice to iPad users with a new, more affordable Apple Pencil. With pixel-perfect accuracy, low latency, and tilt sensitivity, the new Apple Pencil is ideal for note taking, sketching, annotating, journaling, and more. Designed with a matte finish and a flat side that magnetically attaches to the side of iPad for […]
SAN FRANCISCO — With Instacart going public last month, DoorDash also announced the addition of eight new grocery partners, continuing its swift acceleration in the category. “We’ve made significant progress in investing in long-term partnerships with grocers of all sizes, all while remaining focused on improving quality and execution. The grocers announced today recognize DoorDash […]