News about Silicon Valley business almost everyday.
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 […]
SANTA CLARA — Applied Materials announced that its Board of Directors has approved a quarterly cash dividend of $0.40 per share payable on the company’s common stock. The dividend is payable on Sept. 12, 2024 to shareholders of record as of Aug. 22, 2024. The cash dividend is a key component of Applied’s capital allocation […]
REDWOOD CITY — Learn to Win, a provider of personalized, predictive, and secure enterprise training software, has raised an oversubscribed $30 million in Series A funding led by the Westly Group, with follow-on participation from Norwest Venture Partners and Pear VC. This funding accelerates the company’s progress to scale its modern training platform that redefines […]
OAKLAND – Craig Curtis Freeman was sentenced to 24 months of imprisonment for breaking and entering a U.S. Postal Service mail truck and mail theft, announced United States Attorney Ismail J. Ramsey and U.S. Postal Inspection Service (USPIS) Inspector in Charge Rafael Nuñez. The sentence was handed down on May 29, 2024, by the Honorable […]
DÜSSELDORF, GERMANY & SAN FRANCISCO — Cognigy, a provider of AI-first customer service automation, has raised $100 million in Series C funding. The round was led by Eurazeo Growth, with participation from existing investors Insight Partners, DTCP and DN Capital and others. The new funding will accelerate Cognigy’s mission to deliver AI-first customer service at […]
CUPERTINO — Apple announced the Apple Vision Pro device will expand to new countries and regions, with pre-orders for China mainland, Hong Kong, Japan, and Singapore beginning this Thursday, June 13, at 6 p.m. PT and availability beginning Friday, June 28. Customers in Australia, Canada, France, Germany, and the United Kingdom can pre-order Vision Pro […]
Open AI has announced the hire of two experienced executives with an eye for a potential IPO down the road. Sarah Friar [pictured] is joining as Chief Financial Officer. She will lead a finance team that supports the company’s mission by providing continued investment in core research capabilities, and ensuring that it can scale to […]
Shares in Lam Research hit an all-time high on Monday, reaching $1,008.50. Shares dropped $3.32 on Tuesday to close at $999.75. Based in Fremont, Lam Research is a leading manufacturer of wafer-fabrication equipment for the semiconductor industry. The company announced last week a 10-for-1 stock split to be effective after market close on Wednesday, October […]
Apple gained over $200 billion in market cap in just one day Tuesday. Shares in the second most valuable company rocketed over $14 after announcing new artificial intelligence features in upcoming software for iPhones, iPads and Macs. Apple’s market cap ended the day at $3.176 trillion, about $400 billion from Microsoft with $3.216 trillion. Track […]
SAN JOSE — Cyberhaven, a company specializing in data detection and response (DDR), has raised $88 million in Series C funding led by Adams Street Partners, LLC and Khosla Ventures, with significant participation from existing investors Redpoint Ventures, Costanoa Ventures, Vertex Ventures, Crane Venture Partners, and Wing Venture Capital. Prominent security leaders including Amol Kulkarni, […]