News about Silicon Valley business almost everyday.
Instagram is introducing seven new messaging features to its service. The company is making more investments in messaging to help you connect with your closest friends in more fun and seamless ways. Browse and Chat at the Right Time Instagram has made several improvements that help people chat, share, and respond: Reply while you browse: Receive […]
The United States Postal Service filed notice with the Postal Regulatory Commission (PRC) of price changes to take effect July 10, 2022. The new prices include a two-cent increase in the price of a First-Class Mail Forever stamp from 58 cents to 60 cents. The soaring price of gas is likely hitting the Postal Service hard with its national […]
Instacart, the nation’s leading grocery delivery service, announced a new plan to protect its delivery drivers from tip baiting. This is when an order features a tip (sometimes substantial) and then after delivery the customer reduces the tip to zero. This often infuriates drivers who have spent time shopping and delivering groceries for a customer […]
Doordash has formed a partnership with BJ’s Wholesale Club, a leading membership warehouse club in the Eastern United States based in Massachusetts. Doordash will now offer on-demand grocery delivery from 226 BJ’s locations across 17 states. BJ’s is the first wholesale club available on the DoorDash marketplace, providing consumers with access to home essentials and […]
SAN JOSE — PayPal has introduced a new Cashback credit card, issued by Synchrony, which gives customers even more cash back when they shop with PayPal. With the new card, customers earn unlimited 3% cash back when paying with PayPal at checkout – online, mobile, or in-store with PayPal QR Code where eligible – and […]
Palo Alto Police have arrested four male teenagers for robbing a woman at Stanford Shopping Center Monday night. On Monday, April 4, 2022 at around 6:00 p.m., the police dispatch center received a report of a carjacking that had just occurred at the Stanford Shopping Center. The preliminary investigation revealed that a female in her […]
Tesla CEO Elon Musk is joining the Board of Directors of Twitter, the social media messaging service. The stock price of Twitter is up nearly 30% since news was revealed over the weekend that Musk owns 73,486,938 shares or a 9.2% stake in the company. He is already the world’s richest man according to Forbes […]
SANTA CLARA — Chipmaker AMD announced an agreement to acquire Pensando, based in Milpitas, for approximately $1.9 billion before working capital and other adjustments. Pensando’s distributed services platform includes a high-performance, fully programmable packet processor and comprehensive software stack that accelerate networking, security, storage and other services for cloud, enterprise and edge applications. “To build […]
Here are salaries for technical workers at Roku, the leading Internet streaming platform. Salaries are from filings with the Department of Labor for H1-B workers in the first quarter of 2022.
SAN JOSE — Roku, Inc. announced it has reached a multi-year extension of its distribution agreement with Amazon to continue distributing their streaming video apps on its platform. Shares in Roku were up 6% on Monday following the news. The company released the following statement: “Roku and Amazon have reached a multi-year extension for their […]
SANTA CLARA — Intel Corporation announced an agreement to acquire Granulate Cloud Solutions Ltd., an Israel-based developer of real-time continuous optimization software. The acquisition of Granulate will help cloud and data center customers maximize compute workload performance and reduce infrastructure and cloud costs. Deal terms are not being disclosed but reports say Intel is paying […]
SANTA CLARA — Home prices hit $405,000 for the first time ever in March, but data reveals there is some hope on the horizon for pandemic-era buyers. With demand beginning to moderate as some home shoppers are priced out of the market and new construction at near 16-year highs, inventory is expected to hit positive territory year-over-year this […]