News about Silicon Valley business almost everyday.
LAS VEGAS – Twenty-five years ago, The Venetian Resort Las Vegas made waves when it pioneered the convention-hotel concept and delivered Venice’s canals to the Las Vegas desert, gondoliers and all. Coinciding with this momentous birthday, the iconic resort unveils a new era ushered in by a $1.5 billion reinvestment project. Following the recent launches of HaSalon, Voltaire Belle […]
Amazon is extending its partnership with Grubhub to make restaurant delivery to customers’ doors more convenient and affordable. Amazon customers in the U.S. can order from hundreds of thousands of restaurants in all 50 states with Grubhub directly on Amazon.com and in the Amazon Shopping app. Additionally, as long as a customer remains a Prime […]
On February 14, 2024, at approximately 4:25 AM, San José Police Department Officers responded to a report of an armed robbery and attempted homicide at a cannabis dispensary located in the 3500 block of Charter Park Drive. When Officers arrived, they discovered that three unknown suspects forced their way into the business and took various […]
MARTINEZ, CA – In partnership with the cities of Martinez, Hayward, Fremont and Oakland, Amtrak has completed accessibility improvements at its Bay Area stations. Customers can now enjoy a more accessible and comfortable experience at the Martinez, Hayward, Fremont, and Oakland-Coliseum Stations following the completion of $20.8 million in upgrades. “We’re delivering a new era of rail while bringing […]
The 2024 NBA Finals – the Boston Celtics 18-point victory over the Dallas Mavericks – delivered the largest Game 1 audience share ever on ABC with 20.3 percent, quadrupling the viewership of the closest competition on television, according to Nielsen. Boston dominated Dallas in Game 1 by the score of 107-89. Additionally, the audience share in the coveted […]
Red Lobster, the national seafood chain known for lobster and biscuits, has filed for bankruptcy and wants to close an additional nine restaurants in California. USA Today has the list of 228 restaurants that the chain wants to end leases on. Some may already be closed. Here are nine restaurants in California the chain wants […]
SAN JOSE — Roku, Inc. announced that Sarah Harms (pictured) and Sal Candela will join the company as Vice President of Advertising Marketing and Vice President, Global Agency Partnerships, respectively. Harms will report to Jay Askinasi, SVP, Head of Global Media Revenue & Growth, and Candela will report to Kristina Shepard, VP, Global Advertising Sales […]
SANTA CLARA & NEW YORK — Hedge fund Apollo says it will lead an investment of $11 billion to acquire from Intel a 49% equity interest in a joint venture entity related to Intel’s Fab 34 in Ireland. The transaction represents Intel’s second Semiconductor Co-Investment Program (SCIP) arrangement. SCIP is an element of Intel’s Smart […]
Walgreens, one of the nation’s largest drug store chains, is cutting prices on over 1,300 items. The company also plans to introduce a series of promotional campaigns, including the return of Walgreens popular myW Days in mid-July. “Walgreens understands our customers are under financial strain and struggle to purchase everyday essentials. We continue to be […]
SAN FRANCISCO — Cube, providers of the universal semantic layer for every data app, has completed a $25 million funding round with new investor Databricks Ventures and joined by all the previous investors including Decibel, Bain Capital Ventures, Eniac Ventures, and 645 Ventures. In addition, 645 Ventures Co-founder and Managing Partner Nnamdi Okike is now a board observer for Cube’s Board of Directors. Cube Cloud is […]
The Santa Clara County Sheriff announced a shoplifting crew connected to numerous thefts within Santa Clara and San Mateo counties was busted last week during a search warrant along Snow Drive in San Jose. Stolen items from Napa Auto Parts, Nike, PGA Superstores, Marshalls, and TJ Maxx were recovered totaling more than $18,000. Five suspects […]
NVIDIA, the third most valuable company in the world behind Microsoft and Apple, is splitting its stock at the end of trading Friday and will begin trading on Monday post split. Shareholders will have 10 times as many shares of stock starting on Monday. The company’s quarterly cash dividend has also been raised 150% to […]