News about Silicon Valley business almost everyday.
A Santa Clara man that works for Google as a software engineer has been charged with murdering his wife. Police found Liren Chen, 27, spattered with blood, in his home, with his wife’s body nearby says the Santa Clara District Attorney’s office. According to LinkedIn, Chen has been employed as a software engineer at Google […]
DoorDash has announced new retail partners to DoorDash’s Marketplace to support consumers on their active and wellness journeys. To date, DoorDash has more retail stores than any other marketplace in North America with over 100K non-restaurant stores across its Marketplace and Drive platforms and nearly 2 million products from clothing and makeup to household essentials. […]
SAN FRANCISCO — Overmoon, a vacation rental platform, announced it has raised $80 million in equity and debt funding from NFX, Khosla Ventures, Camber Creek, 1Sharpe, Sunsar Capital, and others. The funding includes $10 million in venture to scale its technology development, $30 million in real estate equity for down payments on homes, and $40 million in debt financing. […]
Netflix won six Emmys at the 75th Annual Primetime Emmy Awards Sunday night, including Outstanding Limited Series for BEEF. BEEF’s Ali Wong made history with her win, becoming the first Asian-American actress to win Outstanding Actress in a Limited or Anthology Series or Movie and the first woman of Asian descent to win an Emmy […]
SUNNYVALE — Google Cloud has released new research that explores how retail decision makers in the United States perceive the value of generative AI, and how they anticipate deploying the technology in 2024. A study commissioned by Google Cloud of 274 U.S. C-suite executives, information technology leads, and business development managers, found that 81% of retail […]
Apple TV+ has been recognized with 11 nominations for the 30th Annual Screen Actors Guild (SAG) Awards for its broadly acclaimed Apple Original Film “Killers of the Flower Moon,” as well as Emmy Award-winning hits “Ted Lasso” and “The Morning Show,” and Critics Choice Award nominee “Lessons in Chemistry.” The 30th Annual SAG Awards will […]
SAN FRANCISCO — Despite ongoing economic headwinds and a pressured venture fundraising environment, investment in startup companies addressing women’s health is on the rise. According to a recent report from Silicon Valley Bank (SVB), a division of First Citizens Bank, investment in women’s health companies increased 314% since 2018, while overall investment for the health sector […]
SAN FRANCISCO — Rainbow, a general underwriter building tailored small business insurance products, has raised $12 million in seed funding with participation from Caffeinated Capital, Altai Ventures, Zigg Capital, 8VC, Buckley Ventures, Habitat Partners, and Arch Capital Group Ltd. Led by an experienced team of repeat entrepreneurs, the company brings a fresh perspective to small business […]
SAN FRANCISCO — Pear VC is opening a 30,000-square-foot space in San Francisco’s Mission Bay neighborhood. Pear Studio will serve as a collaborative work environment for founders and entrepreneurs. This space by Pear will be one of the largest spaces occupied by a venture capital firm in the Bay Area. This studio will be a […]
SAN JOSE — MAPS Public Benefit Corporation (“MAPS PBC”), a company dedicated to transforming mental healthcare, announced an oversubscribed Series A financing and is changing its name to Lykos Therapeutics. MAPS PBC raised more than $100 million including conversion of previously issued convertible notes. The financing was led by Helena with participation from other investors, including: […]
Investment bank Evercore has hired Tammy Kiely as a senior managing director in the technology investment banking practice, focusing primarily on the semiconductor sector. Previously, Ms. Kiely was at Goldman Sachs for almost 25 years, where she most recently was partner and co-head of technology investment banking. She held a variety of roles at Goldman […]
SAN JOSE — Roku plans to launch a new lineup of Roku Pro Series TVs this spring starting at $1,499 and featuring QLED displays. Roku first launched its own branded TVs in 2023 with Roku Select and Plus Series TVs priced as low as $249. Available in three sizes, 55”, 65”, and 75”, Roku Pro […]