News about Silicon Valley business almost everyday.
SAN JOSE – Dhirendra Prasad, a former buyer for Apple Inc., was sentenced to serve three years in prison and ordered to pay $19,270,683 in restitution for conspiring to defraud Apple of millions of dollars and for related tax crimes, announced United States Attorney Ismail J. Ramsey and Internal Revenue Service-Criminal Investigation (IRS-CI) Special Agent […]
Square has unveiled nearly 100 new features in its spring product release, introducing a bevy of new features across the entire product ecosystem aimed at small businesses. “Square has more than 35 integrated tools, and they’re all designed to help sellers work smarter by automating their operations and creating new revenue streams,” said Alyssa Henry, CEO […]
SANTA CLARA — AMD has introduced high-performance AMD Ryzen Embedded 5000 Series, a new solution for customers requiring power-efficient processors optimized for “always on” networking firewalls, network-attached storage systems and other security applications. The Ryzen Embedded 5000 Series rounds out the “Zen 3”-based AMD embedded processor portfolio which also includes the Ryzen Embedded V3000 and […]
Palo Alto police arrested a Macy’s shoplifting suspect on Tuesday morning after she disregarded commands during a car stop before backing her vehicle into a patrol car, crashing her car after fleeing, and then trying to escape on foot. On Tuesday, April 18, 2023, at about 10:40 a.m., the Palo Alto dispatch center received a […]
Apple has introduced a new savings plan for users of its Apple Card that offers a high-yield of 4.15 percent — a rate that’s more than 10 times the national average. In partnership with Goldman Sachs, the savings plan has no fees, no minimum deposits, and no minimum balance requirements, users can easily set up […]
PALO ALTO – Multiple police agencies in the Bay Area worked together Tuesday night to locate and safely arrest three suspects who committed two armed robberies that occurred within 25 minutes in Palo Alto, and then a third armed robbery in Milpitas later in the evening. No one was physically injured. Police booked all three suspects […]
SAN JOSE — PayPal Holdings has added new features to its complete payments solution for small businesses, including the ability to accept Apple Pay. The solution enables small businesses to accept a range of payments including PayPal, Venmo and PayPal Pay Later products. Giving customers more choice in how they can pay can help drive checkout. Fifty-nine percent of […]
PayPal Holdings has signed a multi-year deal with Ticketmaster parent company Live Nation Entertainment. The deal makes PayPal the Preferred Payments Partner of Ticketmaster, the nation’s leading ticket sales platform for sports and concerts. As a part of the partnership, fans will be able to pay with PayPal, PayPal Pay Later products, and Venmo (in […]
SUNNYVALE — Accelerator program Plug and Play has accepted its first batch of 145 startups to participate in their initial Silicon Valley programs of the year. These programs will run through June with a focus in the following industries: Brand & Retail Crypto & Digital Assets Energy Enterprise Tech Fintech Food & Beverage Health Insurtech IoT Media […]
If you’re looking to order lingerie, cosmetics or party supplies, Doordash can now deliver these items directly to your home or apartment. The delivery company has formed partnerships with three national retail chains: Victoria’s Secret, Lush Cosmetics and Party City. DoorDash now has more than 100,000 non-restaurant stores across its Marketplace and Drive platforms in […]
SAN JOSE – Graphiant, a provider of next-generation edge services, has closed a $62 million Series B funding round. The round brings the company’s total funding to $96M. The funding will be used to enable continued growth as Graphiant’s next-gen architecture gains momentum. The round was led by Two Bear Capital with participation from Sequoia […]
SANTA CLARA — TiE Silicon Valley, a not-for-profit dedicated to fostering global entrepreneurship, has announced their in-person TiEcon 2023, which will take place on May 3-5. The opening grand keynote speaker on May 4 will be former Cisco CEO John Chambers. TiEcon 2023, the world’s largest technology-anchored entrepreneurship conference, showcases thought leaders and brings together innovators, corporate business decision […]