News about Silicon Valley business almost everyday.
PayPal announced this month that Rachel Kobetz has joined the company as Senior Vice President and Chief Design Officer (CDO), reporting to John Kim, Executive Vice President and Chief Product Officer. Rachel comes to PayPal from her most recent position as SVP and Global Head of Design at Expedia Group, where she was responsible for […]
MENLO PARK — Realization Capital Partners Management has closed its second investment fund, Realization Capital Partners II, L.P. at $323 million. The Fund received strong support from a diverse range of investors including multi-family offices, RIAs, single-family offices, endowments, foundations, and industry executives. Founded in 2019 by Jason Donahue, Realization Capital makes both secondary and […]
SAN JOSE — Planera, a visual scheduling and planning solution helping construction companies build, analyze, and optimize project schedules to increase profitability, has named Scotland Foss as the company’s new Head of Sales. Drawing from over 10 years of documented success in sales and contributions to the growth of notable companies such as Autodesk Construction […]
The New York Times has named Heather Knight as its new San Francisco bureau chief starting in September. According to a note posted by NY Times’ National Editors Jia Lynn Yang and Kevin Yamamura, Heather has worked at The San Francisco Chronicle for more than two decades, covering City Hall before being named city columnist […]
SAN JOSE — PayPal has announced the launch of its own U.S. dollar-denominated stablecoin, PayPal USD (PYUSD). PayPal USD is designed to contribute to the opportunity stablecoins offer for payments and is 100% backed by U.S. dollar deposits, short-term U.S Treasuries and similar cash equivalents. PayPal USD is redeemable 1:1 for U.S. dollars and is issued […]
Square has launched Square Go, a consumer booking app that provides an end-to-end booking experience so consumers can search, discover, and schedule with independent service providers in their area. The Square Go mobile app also increases seller visibility, helping beauty and personal care professionals grow and retain their customer base. The app is only available […]
The United Airlines Ventures Sustainable Flight Fund – a way for companies and consumers to come together and increase the supply of sustainable aviation fuel (SAF) through the support of start-ups – has increased its investment power to nearly $200 million and added eight new corporate partners, five months after its initial launch. American Express Global Business Travel, […]
Domino’s Pizza, the world’s largest pizza chain, has entered into a new global agreement with Uber to appear on its food delivery platform. The agreement allows U.S. customers to order Domino’s pizza and wings through the Uber Eats and Postmates apps with delivery by Domino’s own drivers and its franchisees. The initial U.S. rollout of […]
AMD announced plans to invest $400 million in India over the next five years. The planned investment includes a new AMD campus in Bangalore, Karnataka that will serve as the company’s largest design center, as well as the addition of approximately 3,000 new engineering jobs by the end of 2028. The new AMD campus is […]
SAN FRANCISCO — Silicon Valley Bank, now a division of First Citizens Bank, announced that 16-year SVB veteran Jackie Spencer has been named the new Head of Relationship Management for Life Science and Healthcare Banking. The company also announced that 26-year SVB veteran Megan Scheffel was named Head of Credit Solutions for the Life Science and Healthcare practice. Spencer and Scheffel […]
Stanford University was recognized with a conference-best 229 student-athletes named to the Pac-12 Spring Academic Honor Roll. A total of 1,255 student-athletes were recognized for their work in the classroom. Any student-athlete on their respective team roster with a cumulative grade-point average of 3.3-or-above, and who has served at least one year in residence at the […]
OAKLAND — Pacific Gas and Electric Company (PG&E) announced keynote speakers for its Innovation Summit 2023 on July 25, featuring a one-on-one conversation and Q&A between Patti Poppe, Chief Executive Officer of PG&E Corporation, and Elon Musk, Chief Executive Officer of Tesla and owner of Twitter. The first-of-its-kind summit for PG&E brings together entrepreneurs, start-ups, thought leaders, utility peers, […]