News about Silicon Valley business almost everyday.
BURLINGAME — Udelv has unveiled what it calls the first cab-less autonomous electric delivery vehicle for multi-stop delivery at the Consumer Electronics Show (CES) in Las Vegas. The vehicle is called the Transporter and is driven by Mobileye technology. The multi-stop electric delivery vehicle features a proprietary, self-contained, hot swappable modular cargo pod called the […]
Can’t get enough of Taco Bell? Well you can now get a monthly pass from the nation’s leading taco chain for one taco per day for 30 days for just $10. Through the pass, guests can redeem any one of seven of the brand’s best known tacos such as the Crunchy Taco, Crunchy Taco Supreme, […]
Walmart wants to soon deliver groceries not just to your front door, but directly in your refrigerator. The nation’s largest retailer is expanding its InHome delivery service, from 6 million households to 30 million U.S. households by the end of the year. To support the expansion, Walmart also plans to hire more than 3,000 delivery […]
REDWOOD CITY — The law firm Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP has elected 15 new partners, effective Jan. 1, 2022, in its largest new partner class to date. The firm now has more than 400 attorneys in 10 offices. These promotions add to the firm’s corporate and securities, fund formation, growth equity, […]
Here’s a list of area companies with stock prices over $200 at the end of 2021. The list would have been larger except for a late year selloff in technology stocks. Apple did not make this list since its stock price finished at $177.57 but the company was worth $2.9 trillion.
Airbnb CEO and co-founder Brian Chesky is one of the world’s richest men with his stake in the home and apartment rental company. Chesky holds 76,437,399 shares in Airbnb based on SEC filings as of April 23. With a Wednesday closing price of $167.44, Chesky’s stake is worth $12.8 billion. Chesky, 40, earned a salary […]
NASA’s James Webb Space Telescope successfully launched last Saturday at 7:20 a.m. EST on an Ariane 5 rocket from Europe’s Spaceport in French Guiana, South America. [Photo above: NASA’s James Webb Space Telescope is seen above Earth after separating from its Ariane 5 rocket on Dec. 25, 2021. The view is from a camera on the rocket as Webb […]
The median home sale price rose 14.6% year over year to a new all-time high of $361,171 during the four-week period ending December 26, according to a new report from real estate brokerage Redfin. This comes as the number of homes for sale fell to a record low. New listings and pending sales both dropped to their lowest […]
SAN FRANCISCO — San Francisco Equity Partners (SFEP), a private equity firm focused on expansion-stage companies in the consumer sector, has acquired a majority stake in Petaluma-based Rustic Bakery, a pioneer and market leader in organic and specialty foods, and one of the highest-velocity specialty cracker brands in the market. Terms of the deal were […]
According to Doordash, the largest food-delivery service in the country, French Fries and Chicken Nuggets were the most popular food items ordered by customers in 2021. Data is from Doordash and DashPass customers from January to October 2021. Below is the list of 20 most popular food items. Top 20 Ordered Items in 2021 French […]
Instacart, the nation’s largest grocery delivery service, introduced a year ago Electronic Benefits Transfer and Supplemental Nutrition Assistance Program (EBT SNAP) payments integration for its grocery partners. And since then, the company has continued to expand this offering. As of September 2021, 21.39 million households around the nation were using SNAP benefits according to USDA […]
Actor Dwayne Johnson, also known as The Rock, has been chosen as America’s top celebrity dream workout partner in a survey by Life Time fitness centers. The response is one of several from Life Time’s annual survey of nearly 1,000 people across the country to determine trends, fun insights, and habits in the health and […]