News about Silicon Valley business almost everyday.
Enphase Energy announced it will reduce its global workforce by approximately 10%, impacting approximately 350 contractors and employees. The company will streamline operations by ceasing contract manufacturing operations in two locations—Timisoara, Romania and Wisconsin in the United States—and resizing other contract manufacturing sites. In addition, Enphase plans to continue hiring and travel freeze through 2024 […]
Palo Alto Police are investigating an armed robbery that occurred after midnight Wednesday at a Taco Bell restaurant. The victim was not physically injured. The suspect is unknown and at large. On Wednesday, December 20, 2023, at about 12:46 a.m., the Palo Alto 24-hour dispatch center received a call reporting an armed robbery that had […]
PALO ALTO — The law firm of Wilson Sonsini Goodrich & Rosati announced that the firm has elected 20 new partners from its attorney ranks. The promotions will be effective February 1, 2024. “While each class is unique in many ways, we believe each group reflects the strengths and diversity of our talent pipeline,” said Doug […]
SAN FRANCISCO – California Attorney General Rob Bonta has announced a $700 million multi-state settlement with Google resolving allegations that the company violated state and federal laws by monopolizing the Android smartphone application market. The settlement in State of Utah et al. v. Google LLC provides significant monetary returns to California consumers and includes injunctive terms to open up the markets […]
It’s been the year of AI, so why not use it to clamp down on unwanted parties this New Year’s Eve? Airbnb says it is implementing restrictions on certain bookings over New Year’s Eve that aim to reduce the risk of unauthorized and disruptive parties in local neighborhoods, and will be deploying AI-powered technology to […]
CHICAGO and SUNNYVALE — McDonald’s Corporation, one of the world’s leading fast-food chains, has announced plans for a new multi-year, global partnership to connect Google Cloud technology across thousands of its restaurants worldwide. McDonald’s plans to leverage a wide range of Google Cloud’s hardware, data, and AI technologies to implement innovation faster and create even better experiences […]
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 […]
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 […]
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 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 […]
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 […]
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 […]