News about Silicon Valley business almost everyday.
SAN FRANCISCO — Harness, operator of a software delivery platform, has raised $150 million in financing from Silicon Valley Bank (SVB), a division of First Citizens Bank, and Hercules Capital, Inc. (NYSE: HTGC). The investment will be used strategically to support the expansion of the Harness platform, including the addition of new modules, further integrating generative AI into […]
Emily Reuter has been promoted at Instacart from VP of Finance to be the new Chief Financial Officer (CFO). Reuter has a Bachelor’s Degree in Political Science from Yale and an MBA from Stanford. Instacart CEO talked about Emily’s promotion in a company memo: Before Instacart, Emily spent nearly a decade at Uber, where she […]
PALO ALTO, CA – Police arrested two suspects this weekend after they committed robberies of United States Postal Service mail carriers in Belmont and Palo Alto, and then led officers on a vehicle pursuit in a stolen car before crashing into a tree and fleeing on foot. Police recovered two airsoft pistols and the stolen property. The […]
ATLANTA – Barbara Furlow-Smiles, a former diversity program manager at Facebook and Nike, has been sentenced for stealing more than $5 million based on an elaborate scheme involving fraudulent vendors, fictitious paperwork, and cash kickbacks. “Furlow-Smiles shamelessly violated her position of trust as a DEI executive at Facebook to steal millions from the company utilizing […]
Netflix has an early Christmas gift for football fans — but it won’t fit under the tree. On Dec. 25, 2024, Netflix for the first time will stream two Christmas Day NFL games: the Super Bowl LVII-winning Kansas City Chiefs vs Pittsburgh Steelers and Baltimore Ravens vs. Houston Texans. Netflix has a three year deal […]
Here are the most popular smartphone apps for March 2024 according to Comscore. # Apps Total Unique Visitors (000) % Reach 1 Google Sites 204,244 94 2 Facebook 199,630 92 3 Amazon 148,390 68 4 Apple Inc. 123,511 57 5 PayPal 98,758 46 6 Microsoft Sites 92,034 42 7 Bytedance Inc. 86,214 40 8 Yahoo […]
Netflix has teamed up with Skydance Sports and NFL Films, in association with Stardust Frames Productions, for an upcoming documentary series that tells the definitive story of Jerry Jones and his unique journey in transforming the Dallas Cowboys franchise, leading a historic set of players and coaches to three NFL titles in the 1990s, and […]
SAN FRANCISCO – San Francisco District Attorney Brooke Jenkins announced that Cuauhtemoc Ramirez (20), was charged in connection to over 24 organized retail theft related incidents, including multiple felony counts of robbery and vandalism. Mr. Ramirez and his accomplices are alleged to have stolen over $100,000 in merchandise as well as to have caused thousands […]
SAN FRANCISCO — Instacart and Uber Technologies, Inc. have announced a strategic partnership to bring Uber Eats restaurant delivery to Instacart customers. In the coming weeks, Instacart customers nationwide will be able to use the Instacart app to order from hundreds of thousands of restaurants, powered by Uber Eats. The deal allows Instacart to take […]
The Santa Clara County Sheriff made a big bust. More than 2,000 pot plants, 100+ pounds of processed marijuana & two pistols were seized last week at a Santa Clara County property near the San Benito Co. line. The Sheriff’s Covert Investigations Unit has been focused on this cultivation operation for months. Four people were […]
SAN JOSE — Roku has secured exclusive multi-year rights for Major League Baseball (MLB) Sunday Leadoff live games. Starting May 19, Roku will offer an early Sunday MLB game for free on The Roku Channel, plus an all-new MLB Zone to help baseball fans discover live and upcoming games, nightly recaps, highlights, a fully programmed […]
Even the nation’s largest retailer is not immune to cutting jobs. According to The Wall Street Journal, Walmart is cutting hundreds of corporate jobs and relocating workers to larger offices. Walmart operates over 5,200 stores in the U.S. under the Walmart and Sam’s Club brands. The company employed over 2.1 million workers at the beginning […]