Apple

Apple Rolls Out Buy Now Pay Later

CUPERTINO — Apple is introducing Apple Pay Later in the U.S. which allows iPhone and iPad users to split purchases into four payments, spread over six weeks with no interest and no fees. Users can easily track, manage, and repay their Apple Pay Later loans in one convenient location in Apple Wallet. Users can apply […]

Apple

Apple to Release Martin Scorsese Film in Theaters October 6

Apple Original Films announced that Martin Scorsese’s upcoming film “Killers of the Flower Moon” will first be released exclusively in theaters worldwide, in partnership with Paramount Pictures, limited on Friday, October 6, and wide on Friday, October 20, before streaming globally on Apple TV+ for subscribers. The film has a star-studded cast including Leonardo DiCaprio, […]

News

John Chambers to Keynote TiEcon Conference

SANTA CLARA — TiE Silicon Valley, a not-for-profit dedicated to fostering global entrepreneurship, has announced their in-person TiEcon 2023, which will take place on May 3-5. The opening grand keynote speaker on May 4 will be former Cisco CEO John Chambers. TiEcon 2023, the world’s largest technology-anchored entrepreneurship conference, showcases thought leaders and brings together innovators, corporate business decision […]

News

First Citizens Bank to Buy Most Assets of Silicon Valley Bank

First-Citizens Bank & Trust Company, a subsidiary of Raleigh-NC based First Citizens BancShares, Inc., has entered into an agreement with the Federal Deposit Insurance Corporation (FDIC) to purchase out of FDIC receivership substantially all loans and certain other assets, and assume all customer deposits and certain other liabilities of Silicon Valley Bridge Bank, N.A. The […]

Venture Capital

Viz.ai Secures $40 Million From CIBC

SAN FRANCISCO — CIBC Innovation Banking has provided $40 million in growth capital financing to Viz.ai. The funding will help expand the company’s AI-powered care coordination platform and potential acquisitions. Viz.ai uses artificial intelligence to expedite disease detection, inform critical care decisions and help improve patient care. The Viz.ai AI-powered platform helps connect and activate […]

Venture Capital

Workera Closes $23.5 Million Series B

PALO ALTO — Workera, an operator of a skills intelligence platform, has closed a $23.5 million Series B financing led by Jump Capital with participation from existing investors NEA, Owl Ventures, AI Fund, and new investor Sozo Ventures. Workera enables companies to better understand and develop their talent. By providing a deep understanding of an organization’s skills, Workera’s skills intelligence platform empowers leaders to […]

News

BART to Add New Jump-Proof Fare Gates, Double Patrols

BART is moving forward with a purchase of brand-new fare gates to be installed systemwide as part of its latest effort to win riders back and overhaul safety in the system. The new fare gates will bring a new look and improved experience, offering state-of-the-art technology that will boost safety by reducing fare evasion, enhancing […]

News Venture Capital

Revolv Scores $15 Million Series A

SAN FRANCISCO — Revolv, a full-service provider of electric medium-to-heavy commercial fleets, announced it has closed a $15 million Series A funding round led by an affiliated fund of Greenbacker Capital Management. With the investment, Revolv plans to expand its operations across North America to support the growing demand for decarbonized commercial fleets with light, medium and heavy-duty trucks. The company […]

Apple

Apple TV+ Brings Back Baseball for Subscribers Only

Apple and Major League Baseball (MLB) announced that “Friday Night Baseball,” a weekly doubleheader, will be available to all Apple TV+ subscribers on Fridays throughout the regular season. While Apple let viewers watch MLB games last season for free, only paid subscribers will be able to watch this season. Apple TV+ costs $6.99 per month […]

News

11 Major Banks Team Up With $30 Billion to Bolster First Republic

Eleven major banks are depositing a combined $30 billion in First Republic Bank of San Francisco in a sign of support for the struggling bank. Bank of America, Citigroup, JPMorgan Chase and Wells Fargo announced they are each making a $5 billion uninsured deposit into First Republic Bank. Goldman Sachs and Morgan Stanley are each […]

Apple

Apple Offers Shop With a Specialist Over Video

CUPERTINO —  Apple has launched Shop with a Specialist over Video, a new live shopping experience on apple.com for customers in the U.S. Shop with a Specialist over Video connects customers looking to purchase iPhone with a retail team member via a safe and secure, one-way video shopping session. With this new service, customers can browse […]

News

FDIC Creates Silicon Valley Bridge Bank

The Federal Deposit Insurance Corporation (FDIC) has transferred all deposits—both insured and uninsured—and substantially all assets of the former Silicon Valley Bank of Santa Clara, to a newly created, full-service FDIC-operated ‘bridge bank’ in an action designed to protect all depositors of Silicon Valley Bank. Depositors will have full access to their money, when Silicon […]