New York Attorney General Letitia James announced a record multistate agreement with Intuit Inc., the owner of TurboTax, for deceiving millions of low-income Americans into paying for tax services that should have been free. As a result of Attorney General James’ agreement, Intuit will pay $141 million in restitution to millions of consumers across the nation […]
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Roku Inks Deal With Apple Music
SAN JOSE — Apple Music is now available globally on the Roku streaming platform in a new deal between the two companies. Apple Music subscribers can stream on any Roku device including Roku streaming players, Roku TV models and Roku premium audio products like the Roku Streambar Pro. Current Apple Music subscribers can access the […]
Radisson Hotel Group Partners With Plug and Play
Radisson Hotel Group has formed a partnership with Plug and Play’s Travel & Hospitality program, located in the heart of Silicon Valley. Plug and Play is a global innovation platform that brings together the best startups with the world’s largest corporations. Through this partnership, Radisson Hotel Group will strengthen its connections with selected startups, enabling […]
2/3 of U.S. Population Lives Paycheck-to-Paycheck
SAN FRANCISCO — LendingClub Corporation, the parent company of LendingClub Bank, has released findings from its ninth edition of the Reality Check: Paycheck-To-Paycheck research series, conducted in partnership with PYMNTS.com. The Credit Edition examines the growing shares of U.S. consumers in all economic brackets living paycheck to paycheck, and the impact on their ability to access credit […]
SEC Nearly Doubles Size of Crypto Enforcement Unit
The Securities and Exchange Commission (SEC) announced the allocation of 20 additional positions to the unit responsible for protecting investors in crypto markets and from cyber-related threats. The newly renamed Crypto Assets and Cyber Unit (formerly known as the Cyber Unit) in the Division of Enforcement will grow to 50 dedicated positions. “The U.S. has […]
Chipotle Launches $50 Million Venture Fund
National restaurant chain Chipotle Mexican Grill has formed Cultivate Next, a new venture fund which intends to make early-stage investments into companies that further Chipotle’s mission to Cultivate a Better World. The aim of Cultivate Next is to support seed to Series B stage companies that can accelerate the Company’s strategic priorities such as running […]
Elon Musk Sells $8 Billion in Tesla Stock
Tesla CEO Elon Musk has sold over $8 billion worth of Tesla stock in filings with the SEC this week. Musk is the world’s richest man and most of his net worth is based on his ownership of Tesla shares. He made a deal last week to buy Twitter for $54.20 per share. Twitter reported […]
Southwest Boosting Flights in June From San Jose
Southwest Airlines, the nation’s leading discount airline, has added additional service to its flight schedule beginning in early June, including more flights from San Jose and San Diego. “For a gamut of travelers seeking business opportunity, faraway fun, or family time, these new routes and additional flights put the Hospitality and value of Southwest Airlines […]
Apple Opens Site for Self-Service Repairs
CUPERTINO — Apple has opened a self-service site that now lets users fix their own Apple iPhones, providing repair manuals and genuine Apple parts and tools through the Apple Self Service Repair Store. Self Service Repair is available in the US and will expand to additional countries — beginning in Europe — later this year. […]
Google Selects 11 Startups for Accelerator to Battle Climate Change
Google has announced 11 companies for the second Google for Startups Accelerator: Climate Change cohort. This ten-week program consists of intensive workshops and expert mentorship designed to help growth-stage, sustainability-focused startups learn technical, product and leadership best practices. These are the 11 selected startups using technology to better our planet: AmpUp in Cupertino, CA: AmpUp is an […]
Four Charged With Theft at Lululemon
Palo Alto Police arrested four suspects for organized retail theft last Friday afternoon after shoplifting from a downtown clothing store and were involved in a non-injury hit-and-run collision with another vehicle as they fled the scene. Police booked all four suspects into jail. On Friday, April 22, 2022, at about 2:07 p.m., the Palo Alto […]
Elon Musk Buying Twitter for $44 Billion
SAN FRANCISCO — Twitter, Inc. has agreed to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash in a transaction valued at $44 billion. Upon completion of the transaction, Twitter will become a privately held company. Musk was already one of the largest shareholders in the social network and is […]