News about Silicon Valley business almost everyday.
SAN FRANCISCO — Twelve Labs, which operates video searching technology, announced that it raised $50 million in Series A funding to fuel the ongoing development of its industry-leading foundation models dedicated to all aspects of video. The round was co-led by new investor New Enterprise Associates (NEA) and NVentures, NVIDIA’s venture capital arm, which recently […]
NVIDIA stock climbed to another record high Tuesday. Shares in the chipmaker were up +14.37 to close at $1,164.37. CEO Jensun Huang gave the keynote address at Computex in Taiwan yesterday where he unveiled company partnerships and new chips coming soon over the next two years. NVIDIA now has a market cap of $2.86 trillion. […]
SAN MATEO — Zynga Inc., a wholly-owned publishing label of Take-Two Interactive Software, has launched Star Wars: Hunters, a brand new competitive battle arena game available as a free download on Nintendo Switch, iOS and Android devices. The game was created by Zynga in collaboration with Lucasfilm Games. Set on the planet of Vespaara, Star Wars: […]
PALO ALTO — Valar Labs, a developer of computational histology AI (CHAI) tests for predicting response to cancer therapies, announced a $22 million Series A financing. The funding follows Valar Labs’ completion of a recent international, multi-institution validation study and subsequent launch of Vesta, the first AI-based diagnostic test to predict response to first line […]
Jack in the Box, which operates 2,200 restaurants in 22 states, is fighting the inflation squeeze with a new value menu that gives fans more ways to choose. With a history of providing a variety of affordable munchie options to its fans, Jack in the Box continues to create new ways to stretch your dollar. […]
Uber announced the launch of several new and upcoming features to its service: Uber Shuttle Looking for a more affordable ride to get to a concert or the airport? Your Uber Shuttle is arriving soon! Uber Shuttle lets you reserve a seat on a local shuttle service, along with others heading to the same destination, […]
San Francisco, CA – San Francisco District Attorney Brooke Jenkins announced that Malakyi Ricard (20), was charged in connection to a mass retail theft at a Walgreens in Noe Valley. Mr. Ricard was arraigned on May 17, 2024, and pleaded not guilty to all charges and denied all allegations. Mr. Ricard is charged with second-degree […]
Comscore has released rankings of the Top 50 most visited websites for the month of April 2024. Figures include desktop, mobile and social visitors. # Property Unique Visitors/Viewers (000) % Reach 1 Google Sites 277,336 99 2 Microsoft Sites 245,007 88 3 Yahoo 243,357 87 4 Amazon 236,037 85 5 Facebook 234,718 84 6 Paramount […]
SAN FRANCISCO – Serial bank robber Brandon Elder was sentenced to 63 months in prison, announced United States Attorney Ismail J. Ramsey and Federal Bureau of Investigation (FBI), San Francisco Field Office, Special Agent in Charge Robert K. Tripp. The sentence was handed down by the Hon. James Donato, United States District Judge. Elder, 29, […]
SAN FRANCISCO – Sagetap, an AI-driven marketplace matching SaaS buyers and sellers, announced $6.8 million in funding from NFX, Uncorrelated Ventures, Emergent Ventures, and 15 active customers. The company is cash-flow positive and says it has grown revenue 3 times Year-over-Year. Built for busy executives overwhelmed with sales outreach from the explosion of B2B software […]
SAN FRANCISCO — Transcend, developer of a data privacy platform, has raised $40 million in Series B funding led by new investor StepStone Group, with participation from HighlandX and existing investors Accel, Index Ventures, 01 Advisors (01A), Script Capital, and South Park Commons. This brings the total raised to nearly $90 million. Since its last […]
San Francisco police officers arrested two prolific retail thieves and recovered $3,800 worth of stolen makeup during a blitz operation at a Walgreens pharmacy store Wednesday in the Mission District. SFPD has arrested hundreds of suspects in recent months during these blitz operations, in which uniformed and plainclothes officers wait to arrest criminals inside a […]