News about Silicon Valley business almost everyday.
The 2024 SF Taiwan Day took place last Saturday, May 25th at the Oakland Coliseum. It marked the third annual SF Taiwan Day, having been first held in 2022. The event aimed to connect Taiwanese and American baseball fans and celebrate Taiwanese culture with over 4,000 Taiwanese in attendance. This year, the organizers were especially […]
SAN FRANCISCO — GaiaNet, a new AI infrastructure project that aims to decentralize current AI agent softwares, has raised a $10 million Series Seed Round funding, with key strategic advisors that include Generative Ventures’s Lex Sokolin, Republic Capital’s Brian Johnson, 7RIDGE’s Shawn Ng, Kishore Bhatia, EVM Capital, Mirana Ventures, Mantle EcoFund and ByteTrade Lab. GaiaNet […]
Apple TV+ has released the trailer for the all-new, highly anticipated summer Peanuts series “Camp Snoopy,” premiering on Friday, June 14. After discovering their troop is in danger of disbanding, Snoopy and the Beagle Scouts set off to immerse themselves in nature and the Great Outdoors to earn their badges, with the Beagle Scout Manual […]
SAN JOSE — PayPal Holdings announced that PayPal USD (PYUSD) is now available on the Solana blockchain, making PayPal’s stablecoin faster and cheaper to use. The availability of PYUSD on Solana provides users with the choice of multiple blockchains allowing for increased flexibility and control. The Solana blockchain is known for processing massive amounts of transactions at high speeds with extremely low costs, […]
On May 1, 2024 at approximately 12:15 p.m., San Francisco Police officers from Northern Station were notified of an auto burglary that had just occurred in the area of Steiner and Grove Streets at Alamo Square. Responding officers who were working a citywide auto burglary and robbery operation recognized the suspect vehicle from a robbery […]
Reddit says it is partnering with OpenAI to allow the company to train its Large Language Models (LLM) on Reddit content and posts. Reddit and OpenAI’s partnership will benefit both the Reddit and OpenAI user communities in a number of ways: OpenAI will bring Reddit content to ChatGPT and new products, helping users discover and […]
Home Depot will pay more than $1.3 million to resolve a Santa Clara County District Attorney’s investigation into how the hardware giant’s numerous fire code violations contributed to a San Jose store burning to the ground after an arson. The Office’s Bureau of Investigators began probing Home Depot stores within the county following a 2022 […]
MOUNTAIN VIEW — Google Fiber has hired John Abbot as the company’s first Chief Financial Officer (CFO). In this role, John will oversee GFiber’s Finance, Strategy & Analytics, and Accounting teams, bringing over three decades of experience in media, technology, infrastructure, telecom, and finance to his role. Google Fiber offers high-speed fiber optic Internet connections […]
SAN FRANCISCO — AltruBio Inc., a clinical stage biotechnology company dedicated to the development of novel therapeutics for the treatment of immunological diseases, has raised an oversubscribed Series B financing of up to $225 million. AltruBio plans to use the proceeds of the financing to advance the clinical development of the Company’s first-in-class, novel immune […]
There is good news for the Class of 2024: Salary projections at the bachelor’s degree level are higher than the projections reported for the Class of 2023, according to a new report from the National Association of Colleges and Employers (NACE). “Although the overall hiring projection for Class of 2024 bachelor’s degree graduates is down slightly from […]
Former UCLA men’s basketball star and two-time NCAA Champion Bill Walton has passed away at the age of 71 following a prolonged battle with cancer, as announced by the NBA on Monday morning. He was surrounded by his family. Walton, among the most decorated college basketball players of all-time, led UCLA to back-to-back NCAA titles […]
The Los Angeles Police Department’s Central Division Burglary detectives announce the arrest this month of multiple shoplifting suspects during a blitz operation aimed at stopping retail theft. Retail theft has plagued various businesses operating inside the FIGat7th Plaza located in the area of 7th Street and Figueroa Street in Downtown Los Angeles. To address this […]