ATLANTA – Barbara Furlow-Smiles, a former global diversity executive at Facebook, has pleaded guilty to stealing more than $4 million from the company utilizing an elaborate scheme involving fraudulent vendors, fictitious charges, and cash kickbacks. “This defendant abused a position of a trust as a global diversity executive for Facebook to defraud the company of […]
News
Palo Alto Mail Carrier Robbed by Two Men
Two suspects committed a strong-arm robbery in Palo Alto of a United States Postal Service mail carrier last week, stealing her postal keys and cell phone. The victim sustained moderate injuries and the suspects are at large. On Wednesday, December 6, 2023, at about 1:59 p.m., the Palo Alto Police 24-hour dispatch center received a […]
Quicken Launches Classic Business & Personal for Mac
MENLO PARK — Quicken, maker of America’s best-selling personal finance software, has launched Quicken Classic Business & Personal for Mac. The new product is the only offering that provides users with the ability to effortlessly track their business finance activity, alongside their personal finances, such as their investments. Quicken Classic Business & Personal for Mac is a […]
DoorDash to Offer Delivery From Gus’s Community Market, New Leaf
DoorDash has added two new partnerships with neighborhood markets in Northern California to offer consumers on-demand grocery delivery. Gus’s Community Market, a family-owned San Francisco staple and New Leaf Community Markets, a Santa Cruz-based natural and organic grocer, have joined DoorDash to unlock a broader variety of locally sourced and quality selections for consumers. For over […]
Nudist Resort in Silicon Valley For Sale at $32.8 Million
LOS GATOS — Lupin Lodge, a historic naturist resort, nestled amidst the scenic hills of Los Gatos, is now for sale at $32.8 million. The property, encompassing 112 acres located just south of the Lexington Reservoir off Highway 17, is a unique gem in the heart of Silicon Valley. Founded during the Great Depression on the […]
Kodiak Testing Self-Driving F-150 Trucks for Military Use
MOUNTAIN VIEW — Kodiak Robotics, Inc., a self-driving technology developer for the trucking and defense markets, has unveiled its first autonomous test vehicle designed specifically for the U.S. Department of Defense (DoD). This vehicle is a Ford F-150 upfitted with Kodiak’s autonomous system, the Kodiak Driver, and contains both the autonomy hardware and software required to operate […]
Apple Remains No. 1 Brand for 11th Year in a Row
Apple ranks as the No. 1 Best Global Brand for the 11th consecutive year according to consulting firm Interbrand. Interbrand has unveiled its Best Global Brands 2023 ranking, revealing many of the world’s top 100 brands are in a state of stagnation. The rate of growth in the overall brand value of the table slowed […]
Venture Capitalist Convicted of $18.8 Million Fraud
OAKLAND – Michael Brent Rothenberg, a former San Francisco venture capitalist once described in Bloomberg as “Silicon Valley’s Party Animal,” was convicted last week of wire fraud, money laundering, bank fraud, and making false statements to a bank by a federal jury, announced Criminal Division Chief Thomas C. Colthurst, Federal Bureau of Investigation Special Agent […]
OpenTable Names 100 Top Restaurants in U.S.
SAN FRANCISCO – Restaurant reservation service OpenTable has named its first ever list of the Top 100 Restaurants in America list for 2023. Featuring an updated methodology using OpenTable diner reviews and new metrics, the list uncovers some of the most in-demand restaurants by OpenTable diners this year.1 The list only includes restaurants that use OpenTable for reservation […]
Lithos Opens Battery Facility in Silicon Valley
HAYWARD — Lithos Energy Inc., a leading manufacturer of high-performance lithium-ion battery systems, has opened a state-of-the-art manufacturing and pilot line facility for its latest generation of batteries. The 65,000 square foot engineering facility is located in Hayward. This new facility will feature enhanced pack assembly automation and will manufacture, at scale, Lithos’ high-performance and high-durability battery […]
Nextdoor to Cut Up to 200 Jobs
SAN FRANCISCO — Nextdoor — which operates a local-targeted social networking site covering 315,000 neighborhoods in 11 countries — is cutting 25% of its workforce or about 200 jobs to reduce costs. The move will save the company about $60 million per year in personnel expenses. Nextdoor reported earnings and metrics for the quarter ended […]
California Home Sales Drop, Prices Still Go Up
Persistently high mortgage rates continue to test California’s housing market as home sales fell for the fourth consecutive month in September, while the median price rose from the year-ago level for the third straight month to record its largest year-over-year gain in more than a year, according to the CALIFORNIA ASSOCIATION OF REALTORS (C.A.R.) Closed […]