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 […]
Ayar Labs Secures $130 Million From Top Chip Companies
SANTA CLARA –Ayar Labs, which specializes in chip-to-chip optical connectivity, has secured $130 million in additional financing led by Boardman Bay Capital Management to drive the commercialization of its optical I/O solution. Hewlett Packard Enterprise (HPE) and NVIDIA also participated in this investment round, joining existing strategic investors Applied Ventures LLC, GlobalFoundries, Intel Capital, and […]
TCV Leads $40 Million Round in Syllable
SUNNYVALE — AI-enabled healthcare automation provider Syllable has landed a $40 million Series C funding round to improve the patient experience with intelligent voice solutions for health system call centers and medical practice offices. Funding was led by TCV with participation from existing investors Oak HC/FT, Section32, and Verily and will be used to further […]
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 […]
Instacart Expands Delivery Nationally With Grocery Outlet
Last October, Instacart launched service with Grocery Outlet – the leading extreme value retailer in the U.S. based in Emeryville – making online shopping and delivery available to Grocery Outlet customers for the first time. The initial pilot ran for six months across nearly 70 Grocery Outlet stores in California, and Instacart is now expanding […]
Panera Adds Sodas, Lemonades to Drink Subscription
National sandwich chain Panera Bread has launched the Unlimited Sip Club, the first-ever nationwide unlimited beverage subscription which now includes all 26 of its self-serve beverages. For $10.99 per month (plus tax), Panera is expanding its unlimited coffee subscription to incorporate the entire Panera portfolio of self-serve beverages, including hot and iced coffee, hot and […]
PayPal, Venmo Instant Transfer Fees to Go Up
Fees for instant transfer of funds on Venmo and PayPal are both increasing in May and June. Instant Transfer allows customers to transfer their money instantly to a bank account or debit card for a fee. With Standard Bank Transfers, customers who can wait a few days can transfer their money for no fee, which […]
Mendel Nabs $40 Million Series B Round
SAN JOSE — Mendel, a clinical artificial intelligence and natural language processing platform, has raised $40 million in Series B funding round led by Oak HC/FT. The round includes participation from existing investor DCM, who led Mendel’s Series A funding round in June 2021. This funding comes amidst surging customer demand for Mendel’s AI infrastructure. […]