News about Silicon Valley business almost everyday.
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 […]
SANTA CLARA — AMD has agreed to acquire Nod.ai to expand the company’s open AI software capabilities. The addition of Nod.ai — also based in Santa Clara — will bring an experienced team that has developed an industry-leading software technology that accelerates the deployment of AI solutions optimized for AMD Instinct data center accelerators, Ryzen […]
SAN JOSE — Streaming platform Roku plans to bring “A Very Demi Holiday Special,” starring singer Demi Lovato and produced by Michael D. Ratner’s OBB Pictures, exclusively to The Roku Channel this holiday season. The Roku Original special invites streamers to get into the holiday spirit with Demi Lovato and her celebrity friends on Friday, […]
SAN JOSE and SAN FRANCISCO — PayPal Holdings and Uber Technologies have announced an extension of their multi-year relationship. The deal cements PayPal’s role as a key partner in Uber’s continued growth in markets all over the world. As part of the agreement, PayPal and Uber will continue to build upon their relationship for global card […]
LEIXLIP, Ireland — Intel has begun using Intel 4 technology at its new Fab plant in Ireland, which deploys extreme ultraviolet (EUV) technology, and the first use of EUV in high-volume manufacturing (HVM) in Europe. The new technology paves the way for future products like Intel’s upcoming Intel Core Ultra processors (code-named Meteor Lake), which […]
REDWOOD CITY — The Siebel Scholars Foundation announced the recipients of the 2024 Siebel Scholars award. Now in its 23rd year, the Siebel Scholars program annually recognizes nearly 100 exceptional students from the world’s leading graduate schools of business, computer science, and bioengineering. The 83 distinguished students of the Class of 2024 join past Siebel Scholars classes […]
White Castle, a fast-food chain with 350 locations and best-known for its sliders, is now providing delivery as an option within the White Castle app. The in-app delivery option gives Cravers the convenience of having their favorite menu items, such as a 10-sack of Original Sliders, delivered to them at the same everyday low pricing […]
SAN FRANCISCO — Varo Bank, N.A., the first nationally chartered consumer techbank in the U.S., has launched “Varo to Anyone,” a free, instant payments service with money sent, received, and stored from Varo Bank accounts insured up to $250,000. Varo to Anyone transfers can be sent to anyone with a U.S. debit card, no matter where they bank. Unlike […]
SAN JOSE — Cisco is buying San Francisco-based cybersecurity company Splunk for $157 per share in cash, or about $28 billion. Upon close of the deal, Splunk President and CEO Gary Steele will join Cisco’s Executive Leadership Team reporting to Chair and CEO Chuck Robbins. Shares in Splunk closed Wednesday at $119.59 and were up 25% on Thursday […]
Amazon announced that it is hiring 250,000 employees throughout the U.S. in full-time, seasonal, and part-time roles across its operations network, and 30,000 of those will be across California. A diverse range of roles—from packing and picking to sorting and shipping—are available to applicants from all backgrounds and experience levels. The flexibility of jobs available […]
SAN FRANCISCO — Instacart, the nation’s leading grocery delivery service, announced the pricing of its long-awaited initial public offering at $30 per share. The shares are expected to begin trading on the Nasdaq Global Select Market on Tuesday September 19, 2023, under the symbol “CART.” It is one of a few companies to go public […]
STARLUX Airlines, a Taiwan-based luxury carrier, announced the launch of its second North American destination, with flights between San Francisco and Taipei debuting on December 16. Initially starting with three weekly flights, the SFO-TPE service is expected to ramp to daily next March. Reservations for the new route are now open for booking. Flight Route Weekly Schedule […]