News about Silicon Valley business almost everyday.
SAN FRANCISCO — Affirm, which offers buy now pay later services, has introduced two new payment options, Pay in 2 and Pay in 30, to bring even greater choice and flexibility to consumers utilizing Affirm’s app. The company says consumers won’t owe a penny more than what they agree to upfront as there are no […]
SAN JOSE — Northwestern Mutual, a financial security company focused on comprehensive financial planning through both insurance and investments, is announcing the relocation and expansion of its office in San Jose. The new office, situated at 1919 South Bascom Avenue, Suite 350 in Campbell, CA, boasts a client service center complete with a concierge, coffee […]
SUNNYVALE — Acubed, Airbus’ Silicon Valley-based research and innovation center, has announced the hiring of Dr. Victoria Coleman as CEO, effective July 15, 2024. Dr. Coleman will also serve as Airbus’ Head of Research & Technology for North America. Dr. Coleman brings a breadth of experience to the dual role, as well as a distinguished […]
SAN FRANCISCO — Better Health, a medical supply and support provider built on peer-to-peer connection, announces $14 million in strategic funding, which includes investments from Healthworx, the innovation and investment arm of CareFirst Inc., UHealth – University of Miami Health System, and Mosaic General Partnership. This investment underscores the industry’s recognition of Better Health’s pivotal […]
ALAMEDA –Santa Ana Bio, a precision immunology company developing targeted therapies for patients with autoimmune and inflammatory diseases, has emerged from stealth with $168 million in combined Series A and B funding. Founding investor Versant Ventures led the Series A round and was joined by TPG’s Life Science Innovations fund and GV (Google Ventures). The […]
RH has officially opened RH Palo Alto, The Gallery at Stanford Shopping Center. This innovative retail experience seamlessly integrates luxury home furnishings collections from RH Interiors, Contemporary, Modern and Outdoor with rare art, antiques and artifacts from across the globe. RH Palo Alto also reflects the brand’s continued commitment to hospitality with the debut of […]
DENVER, & BOCA RATON, FL, & MENLO PARK, CA — Vantage Data Centers, a leading global provider of hyperscale data center campuses, has completed a $9.2 billion equity investment led by investment vehicles managed by DigitalBridge Group, the leading global alternative asset manager dedicated to investing in digital infrastructure, and Silver Lake, the global leader […]
PALO ALTO — Broadcom shares hit another all-time high Friday, climbing $56.05 to close at $1,735.04. The company soared after reporting second quarter results and a 10-for-1 stock split. For the fiscal second quarter, Broadcom reported revenue of $12.487 billion for the second quarter, up 43 percent from the prior year period. Net income was […]
MOUNTAIN VIEW — Alphabet Inc. is hiring Anat Ashkenazi, currently Executive Vice President and Chief Financial Officer at Eli Lilly and Company, as Chief Financial Officer and Senior Vice President of Google and Alphabet, effective July 31, 2024. The company had previously announced in July 2023 that Ruth Porat was commencing a new role as […]
GoPro says it has surpassed 50 million cameras sold since the launch of the ground-breaking HD HERO camera back in 2009! “GoPro has helped the world capture and share itself in ways that we could only dream of prior to the invention of the first GoPro camera,” said founder and CEO, Nicholas Woodman. “Selling 50 […]
Super Micro Computer shares soared Thursday 12.44% to close at $871.10. The huge increase came with no news coming from the San Jose-based company but likely rose in tandem with Broadcom, which also soared 12.2% today after announcing a 10-for-1 stock split and strong earnings. Track all markets on TradingView Super Micro is a Total […]
SAN FRANCISCO — AI-powered social gaming platform, Astrocade AI, has scored $12 million in seed funding from AME Cloud Ventures, NVIDIA Ventures, Venture Reality Fund, and gaming and technology executives Eric Schmidt, Niccolo De Masi, John Riccitiello, David Baszucki, Jerry Yang, Mike Abbott, and more. Founded by CEO Amir Sadeghian, PhD, Stanford’s AI Lab, CTO […]