News about Silicon Valley business almost everyday.
BURLINGAME — Xona – a company developing a network of small satellites to provide high-precision navigation services – has raised an oversubscribed $19 million Series A funding round led by Future Ventures and Seraphim Space. New investors NGP Capital, Industrious Ventures, Murata Electronics, Space Capital, and Aloniq also joined the round. This funding will be used to […]
Mother’s Day is one of the busiest floral holidays of the year. At 1-800-Flowers.com, anticipation is high as the company prepares to deliver over 20 million stems for the special occasion. Behind the scenes, a dedicated team has been hard at work developing truly original creations that help inspire customers to give more, connect more, […]
Starbucks has introduced new Summer-Berry Starbucks Refreshers beverages, available at stores in the U.S. The trio of beverages feature a layer of new popping raspberry flavored pearls that add a burst of fruity flavor. The returning White Chocolate Macadamia Cold Brew, new Orange Cream Cake Pop and new Pineapple Cloud Cake round out the summer menu, alongside vibrant summer drinkware and more. Also kicking off this […]
SAN JOSE — Adobe has released online shopping data for the first four months of 2024, covering the period from Jan. 1 to Apr. 30, 2024. Based on Adobe Analytics data, the report provides the most comprehensive view into U.S. e-commerce by analyzing commerce transactions online, covering over one trillion visits to U.S. retail sites, 100 […]
GEORGETOWN, KY — Workers at Toyota’s longest-running U.S. vehicle manufacturing facility cheered as the ninth-generation Camry rolled off the assembly line for the first time. The 2025 Camry is powered exclusively with the fifth-generation Toyota Hybrid System, part of Toyota’s multi-pathway approach to electrification. “Today would not be possible without our incredibly talented team members,” […]
CUPERTINO — Apple has announced the redesigned 11-inch and all-new 13-inch iPad Air, supercharged by the M2 chip. Now available in two sizes for the first time, the 11-inch iPad Air is super-portable, and the 13-inch model provides an even larger display for more room to work, learn, and play. Both deliver phenomenal performance and […]
CUPERTINO — Apple announced plans to buy back up to $110 billion in shares of its stock and also boost its dividend. The company last week reported financial results for its fiscal 2024 second quarter ended March 30, 2024. In the second quarter, revenue was $90.8 billion, down 4 percent year over year, and quarterly […]
SAN FRANCISCO — Shares in online discussion forum Reddit surged over 16% Tuesday in after-hours trading when the company released first quarter earnings for 2024. This was the first earnings report for Reddit as a publicly-traded company. “It was a strong start to the year and a milestone quarter for Reddit and our communities as […]
Amazon Stores CEO Doug Herrington reports the company has set new records for Prime delivery speeds in the first three months of 2024, with more than two billion items arriving the same or next day to Prime members around the world. In March, nearly 60% of Prime member orders arrived the same or next day […]
Taylor Swift has a “big reputation” for shattering streaming records, and her 11th studio album is no exception. THE TORTURED POETS DEPARTMENT became the most-streamed album in its first day ever on Amazon Music. THE TORTURED POETS DEPARTMENT marks Taylor Swift’s eleventh studio album, following her Midnights release in 2022 and her re-releases of Speak Now (Taylor’s Version) and 1989 (Taylor’s Version). Fans […]
CUPERTINO — Apple has introduced M4, its most powerful chip to date and will be available in the all-new iPad Pro. Built using second-generation 3-nanometer technology, M4 is a system on a chip (SoC) that advances the industry-leading power efficiency of Apple silicon and enables the incredibly thin design of iPad Pro. It also features […]
Emma Chamberlain has the enviable job of interviewing celebrities arriving at the Met Gala tonight in NYC. The popular YouTuber will be doing the interviews live over streaming on Vogue.com and also airing on YouTube and TikTok channels. Chamberlain has become one of the most popular stars on YouTube with over 12 million subscribers since […]