SAN FRANCISCO – Fastly, Inc., which operates a global edge cloud platform, has appointed Todd Nightingale as the company’s next Chief Executive Officer, effective September 1, 2022. Nightingale will also join the Fastly Board of Directors upon assuming the role. He will succeed Joshua Bixby, who, as previously announced, will step down as CEO and […]
News
SEC Charges 11 in $300 Million Crypto Scam
The Securities and Exchange Commission last week charged 11 individuals for their roles in creating and promoting Forsage, a fraudulent crypto pyramid and Ponzi scheme that raised more than $300 million from millions of retail investors worldwide, including in the United States. Those charged include the four founders of Forsage, who were last known to […]
Man Arrested for Bike Shop Robbery
PALO ALTO — Police arrested a 23-year-old man Friday afternoon after he robbed an open bicycle shop of cash. No one was injured. On Friday, August 5, 2022, at about 2:43 p.m., the Palo Alto dispatch center received a call reporting an in-progress robbery at the Cardinal Bike Shop at 1955 El Camino Real. Officers […]
Instacart Debuts New Credit Card With Chase
SAN FRANCISCO – Instacart, the leading grocery delivery company in North America has launched the new Instacart Mastercard credit card, in partnership with Chase Bank. Mastercard serves as the exclusive payments network. With this first-ever credit card from Instacart, cardmembers can earn unlimited cash back with a range of redemption options, along with additional rewards and […]
Palo Alto Police Arrest Man for Burglary
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 Buying Roomba Maker iRobot
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 […]
TikTok Users are on the App an Hour-and-a-Half Every Day
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 Officer Arrested for DUI
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 […]
Mattel to Launch New Line of Toys With SpaceX
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, […]
Half of U.S. Companies to Add More Workers
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 […]
Dallas Cowboys Ranked Most Valuable NFL, Pro Sports Team
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, […]
Winning Mega Millions Ticket Sold in Illinois
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 […]