News about Silicon Valley business almost everyday.
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 […]
SAN FRANCISCO and TOKYO — Autify, an AI platform for quality engineering, has completed a Series B funding round of $13 million and released a beta version of Zenes, an autonomous AI agent for software quality assurance. Leading the round are Globis Capital Partners, a leading venture capital fund based in Tokyo, Japan, and LG […]
SANTA CLARA -– Archer Aviation Inc., which is developing electric vertical takeoff and landing (eVTOL) aircraft, has announced plans for an air mobility network that will connect five strategic locations across the San Francisco Bay Area – South San Francisco, Napa, San Jose, Oakland, and Livermore. Archer’s network is anticipated to provide unprecedented connectivity to […]
SAN FRANCISCO, CA – San Francisco District Attorney Brooke Jenkins announced that her office has secured a conviction of Joshua David Chavez (37), after a trial by jury for shoplifting from a Sunset District Safeway and resisting arrest. Mr. Chavez was convicted of one count of petty theft and one count of resisting, delaying or […]
PLEASANTON — Maxterial, a technology company dedicated to pioneering advancements in material science including the commercialization of advanced coatings, has announced the successful closure of its Series A funding round, raising nearly $8 million. This milestone underscores Maxterial’s rising influence in disruptive material science technologies and its commitment to reshaping traditional industry norms with dynamic […]
REDWOOD CITY — Loop Golf, the online booking platform helping golfers get the best tee times at the busiest local courses, has completed a $1 million seed funding round that accelerates its mission of becoming the dominant marketplace to find and book any tee time at any course in the United States. Founded in 2021, […]
KUALA LUMPUR, MALAYSIA — Apple is opening its first Apple Store in Malaysia Saturday. Located in the heart of Kuala Lumpur’s new Tun Razak Exchange (TRX) central business district, the new store will deliver the magic of Apple in the country like never before. Customers can discover and buy Apple’s lineup of products and services, […]
The Federal Trade Commission is taking action against software maker Adobe and two of its executives, Maninder Sawhney and David Wadhwani, for deceiving consumers by hiding the early termination fee for its most popular subscription plan and making it difficult for consumers to cancel their subscriptions. A federal court complaint filed by the Department of Justice upon notification […]
SAN FRANCISCO — Ballistic Ventures, a venture capital firm dedicated exclusively to funding cybersecurity startups, announced that Nicole Perlroth has been appointed to Venture Partner. The new role for Perlroth, who previously served as an advisor to Ballistic, deepens her work with the firm. “In advising Ballistic’s portfolio companies in the fund’s early days, it became clear to […]
Worldwide revenue for the public cloud services market totaled $669.2 billion in calendar year 2023, an increase of 19.9% compared to 2022, according to new data from the International Data Corporation (IDC) Worldwide Semiannual Public Cloud Services Tracker. The largest source of public cloud services revenue in 2023 was Software as a Service – Applications (SaaS […]