News about Silicon Valley business almost everyday.
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 […]
The tablet market saw a 10% drop in shipments year-on-year, but market demand is still far stronger than it was pre-pandemic with people working from home, according to a new report by Strategy Analytics. Apple managed to buck the trend with shipments up 15% year-over-year and 38% of the tablet market share on the strength […]
PALO ALTO — HP Inc. is launching the new HP ENVY Inspire printer with HP+. The company is promoting the printer as the best all-around printer for home use and retails for $249. “ENVY Inspire was built based on first-hand understanding of what is needed in our new normal, as the team that developed it […]
Grammy Award-winning artist Ed Sheeran has unveiled 14 YouTube Shorts, giving fans the first full preview of his forthcoming album “=” (Equals), only on YouTube. “=” is the fourth installment in Sheeran’s symbol album series, and he is giving fans a first-ever album preview on YouTube Shorts with a glimpse into all 14 tracks ahead […]
SANTA CLARA — From Broadway lights to bustling offices, big cities are back – and so are surging downtown rental prices. Following sharp declines during the pandemic, September data shows rents in the 10 biggest U.S. tech cities like Austin and New York surpassed March 2020 levels by an average of 6.3%, according to the Realtor.com Monthly Rental Report. Nationally, rents grew […]
Shares in Alphabet — the parent company of Google — hit an all-time high Wednesday after a strong earnings report. Shares in Alphabet Class C shares (GOOG) were up $135.11 to close at $2,928.55. The market capitalization of Alphabet is now $1.96 trillion and could break the magical $2 trillion mark on Thursday. Only Apple […]