Venture Capital

Radar Therapeutics Raises $13.4 Million in Seed Funding

BERKELEY — Radar Therapeutics, a biotech company developing smart programmable medicines, has completed an oversubscribed $13.4 million in seed financing led by NfX Bio. Major investors Eli Lilly and Company, Biovision Ventures, and KdT Ventures also joined the round, with participation from PearVC, BEVC and other investors. The financing will support advancement of Radar’s internal […]

News

Three Men Arrested for Home Depot Thefts

Three Los Angeles residents suspected of stealing from several Ventura County Home Depot stores were arrested on various charges. On 05-16-24, Ventura County patrol deputies from the Thousand Oaks station responded to a “theft in progress” at the Home Depot located in the 2700 block of Teller Road in the city of Thousand Oaks.  Home […]

News

Instacart to Offer Same-Day Delivery From Home Depot

SAN FRANCISCO and ATLANTA — Instacart is teaming up with the largest home improvement retailer — The Home Depot — to offer same-day delivery in as fast as an hour from nearly 2000 store locations. Customers can now order a wide range of home improvement items on Instacart’s platform – from garden essentials and building supplies to […]

News Venture Capital

Scale AI Tips the Scales With $1 Billion New Round

SAN FRANCISCO — Scale AI, a data foundry for AI, has tipped the scales after a $1 billion financing transaction, bringing the company to a valuation of $13.8 billion. Existing investor Accel led the round with participation from returning investors including Y Combinator, Nat Friedman, Index Ventures, Founders Fund, Coatue, Thrive Capital, Spark Capital, NVIDIA, […]

Venture Capital

GV, Ballistic Ventures Lead $27 Million Round in WitnessAI

SAN MATEO — WitnessAI, creator of the first enablement platform for safe AI use, has secured a $27.5 million Series A round, co-led by GV and Ballistic Ventures. The company had previously been incubated by Ballistic Ventures, beginning in 2023. Generative AI and large language models (LLMs) are seen as a transformative technology for enabling innovation […]

News

SF Police Crack Down on Prostitution

The San Francisco Police are cracking down on prostitution. The SFPD Mission Station recently conducted eight nights of enforcement operations to address crimes related to soliciting prostitution from Wednesday, May 8, 2024, to Sunday, May 19, 2024. The operations were focused on Shotwell Street between 18th Street and 21st Street and a secondary location of […]

News

Justice Department, Stanford to Hold AI Workshop

The Justice Department and Stanford University will hold a public workshop on May 30 to discuss the state of competition across the Artificial Intelligence (AI) technology industry from the chip to the app. “The Antitrust Division is excited to partner with Stanford University on this workshop to learn from stakeholders at various levels of the […]

NVIDIA

NVIDIA to Hold First Quarter Earnings Call Wednesday, May 22 at 5 p.m. ET

NVIDIA will host a conference call on Wednesday, May 22, at 2 p.m. PT (5 p.m. ET) to discuss its financial results for the first quarter of fiscal year 2025, which ended April 28, 2024. CEO Jensen Huang is expected to be on the call along with CFO Colette Kress. The call will be webcast […]

News

Oakland Woman Charged in Corner Store Assault

San Francisco District Attorney Brooke Jenkins announced that Jessica Blazee, (26), was charged in connection to an unprovoked attack on an unsuspecting victim in a corner store in Potrero Hill. Ms. Blazee is charged with assault with a deadly weapon (PC 245(a)(1)) and assault with force likely to cause great bodily injury (PC 245(a)(4)). “It […]

Apple News

Apple Blocks $7 Billion in Fraudulent App Store Transactions

From 2020 through 2023, Apple says it prevented a combined total of over $7 billion in potentially fraudulent transactions, including more than $1.8 billion in 2023 alone. In the same period, Apple blocked over 14 million stolen credit cards and more than 3.3 million accounts from transacting again. As digital threats have evolved in scope […]

News

CVS Launches New Brand Well Market

CVS Pharmacy is launching Well Market, a new store brand that features snacks, beverages and groceries. “Our goal at CVS Health is to be the most consumer-centric health care solutions company. Through this repositioning and expansion of our food and beverage portfolio, we are doing more by providing new nutritious options our customers crave,” said Musab […]

News

Delta Airlines Raises Starting Pay to $19 an Hour

Following a payout of $1.4 billion in profit sharing bonuses earlier this year, Delta is investing in frontline employees by raising the minimum starting wage to $19 an hour and providing employees across the company with a 5% pay raise. With this investment, which will take effect on Jun 1, 2024, Delta continues to lead […]