News about Silicon Valley business almost everyday.
At its GTC Developers Conference, NVIDIA has introduced Clara Holoscan MG, a platform for the medical device industry to develop and deploy real-time AI applications at the edge, specifically designed to meet required regulatory standards. Clara Holoscan MGX expands the Clara Holoscan platform to provide an all-in-one, medical-grade reference architecture, as well as long-term software support, to […]
SAN JOSE – A federal criminal case filed Friday in the United States District Court for the Northern District of California charges Dhirendra Prasad with defrauding his former employer Apple, Inc. in an amount over $10 million dollars and with money laundering and tax evasion. The filing was announced by United States Attorney Stephanie M. […]
PayPal has hired Archana (Archie) Deskus from Intel as its new executive vice president and chief information officer (CIO), effective March 28. Deskus will oversee PayPal’s global information technology operations and report to PayPal President and CEO Dan Schulman. “As we expand the scope of our services and relevance in the lives of our customers, […]
General Motors announced it is acquiring SoftBank Vision Fund 1’s equity ownership stake in Cruise for $2.1 billion and separately will make an additional $1.35 billion investment in Cruise, replacing a previous commitment made by the fund in 2018. GM already is the majority owner of Cruise, based in San Francisco, and began testing its self-driving […]
AMD announced the pricing and availability of the AMD Ryzen 7 5800X3D processor, which it promotes as the world’s ultimate gaming processor. The AMD Ryzen 7 5800X3D processor is the first Ryzen processor to feature AMD 3D V-Cache technology. With this industry-leading technology, the 5800X3D delivers 15% more gaming performance compared to processors without stacked […]
Meta — the parent company of Facebook, Instagram and Whatsapp — has filed a lawsuit in the United States District Court for the Northern District of California against Chad Taylor Cowan for breach of Terms and other claims for providing a fake engagement service directed at Facebook. Operating as “Customer Feedback Score Solutions,” and using the […]
Instacart has teamed up with TikTok, one of the leading social networks, to launch Shoppable Recipes – a new product integration that will allow food creators to make their recipes shoppable via Instacart delivery. Shoppable Recipes will also be found on Buzzfeed’s Tasty app, as well on Hearst Magazines’ properties like Delish, Good Housekeeping, and […]
In response to rising gas prices, Doordash — the leading food delivery service — is offering its drivers bonuses based on miles driven and 10% back on gas purchases via its Dasher Direct debit card. Here is what Doordash is offering its drivers, also known as dashers: All U.S. Dashers Are Eligible for 10% Cash […]
SAN FRANCISCO — Dorian, the women-first game platform for creators, streamers and players, has raised $14 million in Series A funding, led by The Raine Group, with participation from March Gaming, London Venture Partners, VGames, Gaingels and Graham & Walker. Dorian is the first game platform founded and led by a woman, and built with […]
Y Combinator, Silicon Valley’s premier accelerator program, is now accepting applications from startups for the Summer 2022 funding cycle. It will take place from June–August 2022. The batch will be remote with optional in-person components depending on the pandemic. Startups that are accepted can receive up to $500,000 in investment from Y Combinator in exchange for a […]
Palo Alto police are investigating an incident from Monday morning where two suspects stole a cell phone from a victim’s hand as they ran past her on a sidewalk, then jumped into a getaway car and fled. The victim was not physically injured. The suspects are unknown and at large. On Monday, March 14, 2022, […]
MOUNTAIN VIEW — Cybersecurity company SentinelOne has agreed to acquire Attivo Networks, a leading identity security and lateral movement protection company based in Fremont. SentinelOne will acquire Attivo Networks in a cash and stock transaction valued at $616.5 million. The acquisition is expected to close in SentinelOne’s upcoming fiscal second quarter. With this deal, SentinelOne […]