News about Silicon Valley business almost everyday.
CUPERTINO — Apple is wading into AI with the launch of Apple Intelligence, the personal intelligence system for iPhone, iPad, and Mac that combines the power of generative models with personal context to deliver intelligence that’s incredibly useful and relevant. The company says Apple Intelligence will be deeply integrated into iOS 18, iPadOS 18, and macOS […]
The Charles Schwab trading platform is unavailable Tuesday for users of its mobile app. Customers who try to log in are shown a message that says Login Unavailable, Try Again Later or call Schwab’s toll-free number. The company has not said what the problem is and when it would be resolved. Schwab recently merged accounts […]
SAN FRANCISCO – San Francisco District Attorney Brooke Jenkins announced that Sedric Lane (25), Darrell Jones (23), Aliajah Kingwright (20), Mya Thompson (19), Jzelun Brown (20), and Ezaria Hammond (19) were charged in connection to an organized retail theft on the City’s West Side. They are alleged to have stolen over $3,000.00 in merchandise from […]
Apple TV+ announced a season two renewal for its global hit comedy, “Palm Royale.” Since its debut this March, “Palm Royale” has been hailed as “a dishy delight,” “wildly outrageous and amusing,” “a feast of retro stylings and historical events” and an “edge-of-your-seat guessing game you won’t want to stop watching.” Additionally, actress Kristen Wiig […]
NEW YORK — Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, announced its closed-end debt funds provided a $23 million first mortgage, senior secured condo inventory loan collateralized by the remaining 18 unsold residential condominium units in the recently completed 4-story residential property located at 450 First Street in Los Altos, CA, in the heart of […]
SAN FRANCISCO — Eko Health, a pioneer in applying artificial intelligence for early detection of heart and lung diseases, has raised $41 million in Series D financing. With participation by ARTIS Ventures, Highland Capital Partners, NTTVC, and Questa Capital, the funding round will be used to expand U.S. and global access to the company’s early disease detection platform. […]
NEW YORK — Atlantic Street Capital, a private equity firm that invests in lower middle market companies through an operationally intensive strategy, has made an additional $70 million investment to further support the operating strategy, member experience, leadership team, and wash quality of its portfolio company, Zips Car Wash. Operating over 270 locations in 20+ […]
SANTA CLARA — Median home prices have increased 37.5% since May 2019 according to Realtor.com data, and while prices grew in that time frame, inventory is down 34.2% compared with typical 2017 to 2019 levels. “In addition to higher median list prices and fewer homes for sale versus 2019, the increase in median price-per-square foot […]
New York, NY & San Francisco — News Corp and OpenAI have inked a multi-year agreement to bring News Corp news content to OpenAI. Through this partnership, OpenAI has permission to display content from News Corp mastheads in response to user questions and to enhance its products, with the ultimate objective of providing people the […]
The San Jose Police Department announced it has arrested 46 individuals for sexual assault. These are the individuals below: TYPE OF CRIME: Sexual Assault CASE NUMBER: Multiple LOCATION: VICTIM: Various ADDRESS: # SUSPECT ADDRESS AGE 1 James Harris San José Resident 55 Years 2 Javier Sandoval San José Resident 43 Years 3 Gustavo Viera San […]
LOS ALTOS — Prósperos, a technology company that offers a financial platform for Spanish-speaking people, has raised $3 million in funding. The seed round includes investments from FEBE Ventures, BAT VC, Tekton Ventures, Courtyard Ventures and technology executives. Founded in 2023 by Vinay Pai and Salvador Chavez, Prósperos is delivering an innovative financial platform that allows millions of Latinos […]
BOSTON — AcuityMD has scored $45 million in new funding to expand its commercial intelligence platform and advance the company’s mission of accelerating adoption of cutting-edge medical technology (MedTech). The Series B round was led by ICONIQ Growth, with additional participation from Boston-based Atreides Management and New York-based Stepstone Group as well as existing investors Redpoint Ventures, Benchmark […]