News about Silicon Valley business almost everyday.
SAN FRANCISCO and MENLO PARK — Nextdoor, Inc., which operates a social neighborhood network, is set to go public tomorrow with Khosla Ventures Acquisition Co. II (Nasdaq: KVSB) (“KVSB”), a special purpose acquisition company sponsored by an affiliate of venture capital firm Khosla Ventures, LLC. The combined company is expected to start trading on The New York […]
Instacart is partnering with the nation’s largest low-priced chain, Dollar Tree, to deliver low-priced goods directly to customers. The delivery service is expanding its partnership nationally with Dollar Tree. Now same-day delivery in as fast as one hour via Instacart is now available from nearly 7,000 Dollar Tree stores nationwide. Instacart will be offering in-store […]
BERKELEY — Twelve announced it has produced the first fossil-free jet fuel called E-Jet from carbon dioxide (CO2) electrolysis, demonstrating a scalable, energy-efficient path to the de-fossilization of global aviation. This project was supported through funding from the U.S. Air Force and produced fuel globally applicable for both commercial and military aviation. Global aviation produces […]
Amazon has launched a new facility for quantum computing at the California Institute of Technology (Caltech) with the ambitious goal of building a “fault-tolerant” quantum computer. Teams from Amazon Web Services (AWS) will focus on developing more powerful quantum computing hardware and identifying new applications for quantum technologies. Here are five challenges they’ll be wrapping […]
Alphabet’s Chief Financial Officer Ruth Porat announced an expansion of the Google Career Certificates program, including added partnerships with community colleges, translating Google Career Certificates into college credit and partnering with four-year universities to prepare students for in-demand jobs. 1. Providing community colleges with free access to Google Career Certificates Community colleges are critical to […]
Healthpeak Properties, Inc. has unveiled the initial phase of its Vantage campus for life sciences in South San Francisco following strong leasing activity and demand at The Shore at Sierra Point and Nexus on Grand. The project (rendering above) is expected to break ground in the fourth quarter of 2021 with an anticipated completion in […]
Klarna, a Swedish provider of flexible payment services, has announced a strategic partnership with Stripe, based in San Francisco. The partnership will allow millions of businesses running on Stripe to offer Klarna’s flexible payment options to their consumers. In recent years, consumers around the world have gravitated to popular “Buy Now Pay Later” payment options, […]
SAN JOSE – At WebexOne, Cisco unveiled a preview of its next-generation hybrid work collaboration product. Webex Hologram is the industry’s only real-time meeting solution that takes advantage of augmented reality headsets to combine feature rich Webex meeting functionality with immersive 3D holograms. With 64% of employees agreeing that the ability to work remotely directly affects […]
SAN FRANCISCO — Instacart, the nation’s leading supermarket delivery service, announced Meredith Kopit Levien and Lily Sarafan are joining the company’s Board of Directors. Kopit Levien (photo above) is the President and CEO of The New York Times Company, where she directs the overall business strategy of one of the nation’s top newspapers and leads […]
SAN JOSE — Urban Catalyst has submitted a formal application this week with city planning officials for a 497-unit housing development in downtown San Jose, in partnership with local architect and entrepreneur Thang Do, CEO of Aedis Architects. The Apollo project (rendering above) will bring an 18-story residential high rise to 32 Stockton Ave., at […]
SAN MATEO — GoPro has announced a new high-performance battery for HERO10 and HERO9 Black cameras that significantly increases cold temperature performance and extends video recording times in all conditions. The Enduro battery will be available for purchase at GoPro.com on November 30. GoPro is also releasing a firmware update for HERO10 Black that enables […]
SAN FRANCISCO — At the Intel Innovation event in San Francisco, Intel unveiled the 12th Gen Intel Core processor family with the launch of six new unlocked desktop processors, including what the company says is the world’s best gaming processor, the 12th Gen Intel Core i9-12900K. The processors feature a max turbo boost of up […]