News about Silicon Valley business almost everyday.
Palo Alto Police arrested a 35-year-old man for burglary of an occupied home on Monday afternoon after he entered an unlocked house and began rummaging around. No one was physically injured. On Monday, August 1, 2022, at about 3:40 p.m., the police dispatch center received a call from a resident reporting an in-progress burglary at […]
Amazon said it will acquire iRobot for $1.7 billion, best known for its carpet-cleaning robot the Roomba. Based in Bedford, MA, iRobot has a history of making customers’ lives easier with innovative cleaning products for the home. iRobot has continued to innovate with every product generation, solving hard problems to help give customers valuable time […]
ByteDance’s TikTok, including Douyin on iOS in China, was the most-downloaded and highest-earning non-game app in the world in the first half of 2022 according to research firm Sensor Tower. It also has one of the most engaged user bases among social networking apps. According to the Power User Curve—the latest feature in Sensor Tower’s Consumer Intelligence analytical toolkit—TikTok has […]
San Jose Police have arrested one of their own following an incident last Sunday. On July 31st, 2022, at approximately 11:26 PM, police officers responded to a non-injury collision involving two vehicles near the intersection of East San Fernando and South Fourth Streets. During the investigation it was revealed that one of the involved drivers […]
EL SEGUNDO, CA — Mattel, Inc. announced that it has entered into a multi-year agreement with SpaceX to create and market toys and products for children and collectors with a space explorer theme. In 2023, Mattel will begin releasing SpaceX-inspired toys under its Matchbox brand. Simultaneously, astro-inspired collectibles will start to debut on Mattel Creations, […]
MENLO PARK — The job market will remain strong for the latter part of 2022, according to research from talent solutions and business consulting firm Robert Half. According to the company’s State of U.S. Hiring Survey of more than 1,500 managers, 46% of respondents anticipate adding new permanent positions during the second half of the […]
The Dallas Cowboys are the most valuable NFL team with a value of $7.6 billion according to Sportico, a sports business news site. The Cowboys are not only the most valuable NFL football team but the most valuable in all of professional sports. The average NFL franchise is worth $4.14 billion, up 18% over last year, […]
One person in Illinois hit it big in the Mega Millions lottery Friday night. A lucky ticket-holder in Illinois will be celebrating summer as the latest winner of a billion-dollar lottery jackpot. The winning ticket was sold at a Speedway convenience store located at 885 E Touhy Ave. in Des Plaines, IL, Only one ticket […]
SAN FRANCISCO – Instacart, the leading grocery delivery company in North America, announced that Electronic Benefits Transfer and Supplemental Nutrition Assistance Program (EBT SNAP) can now be used to buy groceries online in 10 additional states – Colorado, Hawaii, Idaho, Louisiana, Montana, New Mexico, Oregon, Utah, Washington, and Wyoming – through the Instacart App and […]
The San Francisco Police Department (SFPD) is investigating a recent uptick in high-value watch robberies. Investigators believe suspects are specifically targeting victims they believe to be in possession of watches valued in the tens of thousands. These investigations are being led by the SFPD Robbery Detail. Investigators believe these robberies are organized and coordinated by […]
A crash between a Honda Accord and Chevy Suburban resulted in the deaths of four people and injured six according to Rio Vista Police Department. Police and fire departments were dispatched to the accident happened on July 27 at 8:12 p.m. on State Route 12 between Summerset Road and Church Road. Vehicle 1 was a […]
Chip maker Intel reported a surprisingly steep decline in second-quarter revenue of $15.3 billion, down 22% from the previous year. Intel’s Client Computing and Datacenter and AI Groups were largely impacted by continued adverse market conditions; Network and Edge Group and Mobileye achieved record quarterly revenue. The company reported a net loss of $454 million […]