News about Silicon Valley business almost everyday.
SAN FRANCISCO and ATLANTA — Instacart is teaming up with the largest home improvement retailer — The Home Depot — to offer same-day delivery in as fast as an hour from nearly 2000 store locations. Customers can now order a wide range of home improvement items on Instacart’s platform – from garden essentials and building supplies to […]
SAN FRANCISCO — Scale AI, a data foundry for AI, has tipped the scales after a $1 billion financing transaction, bringing the company to a valuation of $13.8 billion. Existing investor Accel led the round with participation from returning investors including Y Combinator, Nat Friedman, Index Ventures, Founders Fund, Coatue, Thrive Capital, Spark Capital, NVIDIA, […]
The San Francisco Police are cracking down on prostitution. The SFPD Mission Station recently conducted eight nights of enforcement operations to address crimes related to soliciting prostitution from Wednesday, May 8, 2024, to Sunday, May 19, 2024. The operations were focused on Shotwell Street between 18th Street and 21st Street and a secondary location of […]
The Justice Department and Stanford University will hold a public workshop on May 30 to discuss the state of competition across the Artificial Intelligence (AI) technology industry from the chip to the app. “The Antitrust Division is excited to partner with Stanford University on this workshop to learn from stakeholders at various levels of the […]
San Francisco District Attorney Brooke Jenkins announced that Jessica Blazee, (26), was charged in connection to an unprovoked attack on an unsuspecting victim in a corner store in Potrero Hill. Ms. Blazee is charged with assault with a deadly weapon (PC 245(a)(1)) and assault with force likely to cause great bodily injury (PC 245(a)(4)). “It […]
From 2020 through 2023, Apple says it prevented a combined total of over $7 billion in potentially fraudulent transactions, including more than $1.8 billion in 2023 alone. In the same period, Apple blocked over 14 million stolen credit cards and more than 3.3 million accounts from transacting again. As digital threats have evolved in scope […]
CVS Pharmacy is launching Well Market, a new store brand that features snacks, beverages and groceries. “Our goal at CVS Health is to be the most consumer-centric health care solutions company. Through this repositioning and expansion of our food and beverage portfolio, we are doing more by providing new nutritious options our customers crave,” said Musab […]
Following a payout of $1.4 billion in profit sharing bonuses earlier this year, Delta is investing in frontline employees by raising the minimum starting wage to $19 an hour and providing employees across the company with a 5% pay raise. With this investment, which will take effect on Jun 1, 2024, Delta continues to lead […]
SAN FRANCISCO – Gregory Finkelson, a San Francisco resident, has pleaded guilty to one count of theft of government property in connection with his fraudulent receipt of hundreds of thousands of dollars in low-income housing benefits. The announcement was made by United States Attorney Ismail J. Ramsey; Federal Bureau of Investigation (FBI) Special Agent in […]
ChatGPT has released its newest model called GPT-4o. GPT-4o (“o” for “omni”) is a step towards much more natural human-computer interaction—it accepts as input any combination of text, audio, image, and video and generates any combination of text, audio, and image outputs. It can respond to audio inputs in as little as 232 milliseconds, with […]
Beginning on April 25, 2023, a series of violent armed robberies began occurring in the city of San Francisco. The robberies followed a similar modus operandi (M.O) in which the suspect listed an item for sale on an online marketplace, usually a vehicle for under $5,000, and arranged to meet with an interested buyer who […]
The San Mateo County Sheriff’s Office is investigating an armed robbery that occurred Tuesday afternoon outside of a gas station in unincorporated Redwood City. On Tuesday, May 14 at around 4:15 p.m., Sheriff’s deputies responded to the ARCO gas station located in the 1800 block of Woodside Rd. on a report of an armed robbery […]