News about Silicon Valley business almost everyday.
On June 15, 2024, at approximately 6:58 PM, the San José Police Department received multiple reports of an illegal sideshow occurring in the area of South Winchester Boulevard and Olin Avenue. The illegal sideshow resulted in a spectator getting struck unconscious by a vehicle driven by an unknown suspect. As a uniformed SJPD Reserve Officer […]
TIME and OpenAI have signed a multi-year content deal and strategic partnership to bring TIME’s trusted articles to OpenAI’s products, including ChatGPT. Terms weren’t revealed. Through this collaboration, OpenAI will gain access to current and historic content from TIME’s extensive archives from the last 101 years to enhance its products and display in response to […]
SAN JOSE — PayPal Holdings, Inc. has hired Srini Venkatesan as Chief Technology Officer (CTO). He will report to PayPal President and CEO Alex Chriss. In this role, Venkatesan will lead the development and implementation of technology across the entire PayPal ecosystem, including analytics and data science, artificial intelligence (AI) and machine learning, information security, infrastructure […]
SAN FRANCISCO — Bright Machines, an innovator in intelligent, software-defined manufacturing and robotics, has raised $126 million in Series C funding, with $106 million in equity led by investment from funds and accounts managed by BlackRock and participation from NVIDIA, Microsoft, Eclipse, Jabil and Shinhan Securities, and with $20 million in venture debt from J.P. Morgan. This brings the company’s total amount […]
On May 14, 2024, at approximately 4:50 PM, San José Police Department Patrol Officers responded to a report of an attempted bank robbery in the 1700 block of Story Road. The preliminary investigation revealed the following: An unidentified Asian adult male entered the business and approached the bank teller with a handwritten note demanding money. […]
FREMONT — Hallcon Corporation, a provider of mobility and infrastructure solutions, held the grand opening this week of its new Electric Vehicle (EV) Operations Center in Fremont. This 3.3-megawatt facility is the organization’s second EV charging site in the Bay Area, representing a key milestone in Hallcon’s mission to enhance EV infrastructure across North America. The […]
Amazon is holding its 10th annual Prime Day event this summer. From July 16 at 12:01 a.m. PDT through July 17, Prime members get exclusive access to millions of deals across more than 35 categories including electronics, kitchen, beauty, and apparel. New deals will continue to drop as often as every 5 minutes during select […]
Palo Alto Police arrested four suspects on Saturday night who broke into an unoccupied residence after the resident spotted them remotely in real-time via a home security system. On Saturday, June 15, 2024, at about 9:29 p.m., the Palo Alto 24-hour dispatch center received a call reporting an in-progress burglary at an unoccupied home in the […]
For the fifth year, Google is funding 20 companies through the Google for Startups Founders Funds which provides equity-free capital and hands-on support to Black and Latino-led startups using AI to innovate responsibly and drive meaningful change. These companies are pushing the boundaries of what’s achievable with AI, from developing innovative solutions to prevent wildfires (Improving Aviation), […]
SAN FRANCISCO — Upwork, a leading site for freelance talent, has unveiled the most in-demand skills that organizations are expected to seek from skilled professionals in 2024. As new technologies continue to emerge and companies recognize the need for new skills to stay competitive, Upwork’s study reveals the extent to which businesses are increasingly turning […]
Eli Lilly and Company announced a collaboration with OpenAI that will allow Lilly to leverage OpenAI’s generative AI to invent novel antimicrobials to treat drug-resistant pathogens. Antimicrobial resistance (AMR) is one of the top public health and development threats across the global health landscape. “Our collaboration with OpenAI represents a groundbreaking step forward in the […]
McDonald’s is looking to help your dollar go further with more deals and even more ways to save. The nation’s largest hamburger chain is now offering a $5 meal for a limited time along with free fries with a $1 purchase on the McDonald’s app. “We heard our fans loud and clear – they’re looking […]