News about Silicon Valley business almost everyday.
SANTA CLARA — Intel Corporation has announced a first-of-its-kind Semiconductor Co-Investment Program (SCIP) that introduces a new funding model to the capital-intensive semiconductor industry. Intel has signed a agreement with the infrastructure affiliate of Brookfield Asset Management, one of the largest global alternative asset managers, which will provide Intel with a new, expanded pool of […]
Blackstone, one of the world’s leading investment firms, is expanding its Corporate Private Equity business in North America through a new team based in San Francisco – building on the firm’s existing strong presence in its San Francisco office across its other business units. Sachin Bavishi, a Senior Managing Director, will relocate to San Francisco […]
SAN FRANCISCO – Zilliz, a vector database company and the inventor of Milvus, has raised a $60 million extension to its initial $43 million Series B. Prosperity7 Ventures led the round, with participation from existing investors Temasek’s Pavilion Capital, Hillhouse Capital, 5Y Capital, and Yunqi Capital. This brings total investment in the company to $113 […]
PLEASANTON — Blackhawk Network has received approval by the New York Gaming Commission as well as the State of Louisiana to provide its payments and sports betting gift card services in these states, which includes Blackhawk’s original Game On card, a gift card featuring multiple sportsbook brands that allows consumers to easily add funds to […]
Amtrak, the national train service, is looking to fill more than 4,000 positions available that span a number of fields, including project management, finance, technology, onboard services, electrical, customer service and many more. To address this significant demand, Amtrak is hosting hiring events and career fairs to attract new talent, with a concentration in Los […]
Grocery Outlet Holding Corp., the leading extreme-value retailer in the United States, has announced a partnership with DoorDash, to offer on-demand grocery delivery from more than 398 locations across the country including Pennsylvania, New Jersey, Maryland, California, Washington, Oregon, Idaho, and Nevada. Now DoorDash customers can order groceries on-demand from local Grocery Outlet stores via […]
LG Electronics has unveiled its new WashTower Compact vertical laundry solution at IFA 2022 trade show in Germany. The new WashTower combines a separate washer and dryer, all-in-one control panel and advanced AI in a single, space-efficient unit to deliver greater convenience. Providing more flexibility for limited spaces, LG’s newest WashTower offers a compact design […]
The national median asking rent was up 14% year over year to $2,032 in July, according to a new report from real estate brokerage Redfin. That’s the smallest annual increase since November, and compares with a revised gain of 15% in June and 16% in May. On a month-over-month basis, the median asking rent climbed 0.6%, […]
Techstars, a global investment business that provides access to capital, one-on-one mentorship, and programming for early-stage entrepreneurs, and financial services firm J.P. Morgan, open applications for their 4th Founder Catalyst Program in Oakland, CA. Similar to the successful programs in Atlanta, Washington DC, and Miami, this cohort will support 20 women and non-binary founders, with […]
Google is rolling out the latest version of its operating system for smartphones — Android 13. Android 13 comes jam-packed with new capabilities for your phone and tablet, like extending app color theming to even more apps, language settings that can be set on an app level, improved privacy controls and even the ability to […]
SAN FRANCISCO — MasterClass, the streaming platform with classes taught by experts, has launched a class on diplomacy with two former U.S. secretaries of state—Condoleezza Rice and the late Madeleine Albright. In their class, Albright and Rice provide members with lessons they learned as secretaries of state, including how to build trusted teams, reconcile differences, overcome […]
Palo Alto Police arrested a man Monday after he shoplifted merchandise from a Macy’s department store, physically resisted loss prevention personnel when they went to stop him, and then attempted to rob an elderly man of his cell phone as he tried to get away. No one was injured. On Monday, August 8, 2022, at […]