News about Silicon Valley business almost everyday.
Offline payments, Square’s no-connection-required solution to deliver continuous commerce connectivity, is now available to Square sellers using every hardware device, and in every country. Whether in a remote location or facing a technology disruption, now nearly every Square seller can continue to operate business-as-usual and keep sales flowing. Square has offered offline payments for 10 […]
Chipotle Mexican Grill plans to honor the healthcare community by awarding 100,000 healthcare workers with free burrito e-cards, equivalent to over $1 million in free food. Over the past several years, the brand has given away more than $5 million in free Chipotle to healthcare professionals. How It Works Chipotle will launch a microsite where healthcare professionals can enter to win […]
Universal Music Group and TikTok have announced a new multi-dimensional licensing agreement that will deliver significant industry-leading benefits for UMG’s global family of artists, songwriters and labels and will return their music to TikTok’s billion-plus global community. The joint agreement marks a new era of strategic collaboration between the two organizations, built on a shared […]
MILL VALLEY and SUNNYVALE — Asteroid Institute, a program of B612 Foundation, and Google Cloud announced the most significant results of their partnership to date: identifying 27,500 new, high-confidence asteroid discovery candidates. The work, which took place over several weeks, has the potential to enable the mapping of the solar system and protect the Earth from collisions, […]
NVIDIA has agreed to acquire Israeli company Run:ai, a Kubernetes-based workload management and orchestration software provider. Terms of the deal weren’t released. Customer AI deployments are becoming increasingly complex, with workloads distributed across cloud, edge and on-premises data center infrastructure. Managing and orchestrating generative AI, recommender systems, search engines and other workloads requires sophisticated scheduling […]
DASANI is springing into spring with a fresh new look, taste and marketing campaign. The Coca-Cola water brand, which has hydrated and refreshed North American consumers since 1999, is unveiling an eye-catching visual identity system (VIS) across all packaging and communications. The refreshed design aesthetic is anchored in a lighter “celeste blue” color palette and […]
SAN JOSE — Super Micro Computer, a provider of technology for AI, Cloud, Storage and 5G/Edge, announced financial results for its third quarter of fiscal year 2024 ended March 31, 2024. Shares in the company dropped 14% Wednesday but are still up 158% in 2024. The company reported net sales of $3.85 billion versus $3.66 […]
South Korea’s SK Networks is transforming its business model by incorporating state-of-the-art artificial intelligence (AI) technology. Setting its sights on the forefront of innovation, SK Networks has founded an AI Lab in Silicon Valley. SK Networks (CEO: Hojeong Lee) revealed its newest venture with the launch of ‘PhnyX Lab,’ the company’s flagship AI technology development organization. […]
SAN JOSE — eBay is launching its 5th annual Up & Running Grants program — a series of annual grants that reward 50 U.S. eBay sellers with tools and resources to grow their small businesses. In addition to a $10,000 reward, eBay is offering recipients a stipend worth $500 each, which sellers can use to equip themselves with essential […]
ANN ARBOR, MI — Domino’s Pizza wants you to tip their drivers if you order a pizza. The nation’s largest pizza chain is launching You Tip, We Tip – a promotion that tips customers who tip their delivery drivers, beginning April 29. “Domino’s drivers have been hustling to deliver hot, delicious pizzas since 1960, and we love that customers […]
SAN FRANCISCO — Movement Labs, a San Francisco-based blockchain development team, has secured $38 million in a Series A financing round led by Polychain Capital. The funding will support the company’s mission to bring Facebook’s Move Virtual Machine to Ethereum, addressing smart contract vulnerabilities and enhancing transaction throughput. The investment round saw participation from venture capital firms including Hack VC, Placeholder, […]
Shares in Google parent company Alphabet surged 10% on Friday and broke the $2 trillion market cap level. The company is now worth $2.15 trillion after shares hit an all-time high following its first quarter earnings announcement. Alphabet also announced it will pay a dividend for the first time ever. The company’s Board of Directors […]