News about Silicon Valley business almost everyday.
SAN FRANCISCO — Vercel, operator of a Frontend Cloud platform, has secured $250 million in Series E funding at a valuation of $3.25 billion. The investment round was led by existing investor Accel, with participation from other existing investors including CRV, GV, Notable Capital (previously GGV Capital), Bedrock, Geodesic Capital, Tiger Global, 8VC, and SV […]
Emily Reuter has been promoted at Instacart from VP of Finance to be the new Chief Financial Officer (CFO). Reuter has a Bachelor’s Degree in Political Science from Yale and an MBA from Stanford. Instacart CEO talked about Emily’s promotion in a company memo: Before Instacart, Emily spent nearly a decade at Uber, where she […]
Apple and Google are working together to create an industry specification — Detecting Unwanted Location Trackers — for Bluetooth tracking devices that makes it possible to alert users across both iOS and Android if such a device is unknowingly being used to track them. This will help mitigate the misuse of devices designed to help keep […]
PALO ALTO, CA – Police arrested two suspects this weekend after they committed robberies of United States Postal Service mail carriers in Belmont and Palo Alto, and then led officers on a vehicle pursuit in a stolen car before crashing into a tree and fleeing on foot. Police recovered two airsoft pistols and the stolen property. The […]
ATLANTA – Barbara Furlow-Smiles, a former diversity program manager at Facebook and Nike, has been sentenced for stealing more than $5 million based on an elaborate scheme involving fraudulent vendors, fictitious paperwork, and cash kickbacks. “Furlow-Smiles shamelessly violated her position of trust as a DEI executive at Facebook to steal millions from the company utilizing […]
SAN FRANCISCO — Sigma, a cloud analytics solution, has raised $200 million in Series D financing to continue transforming BI through its innovations in AI infrastructure, data application development, enterprise-wide collaboration, and business user adoption. Spark Capital and Avenir Growth Capital co-led the round with additional investments from new investor NewView Capital. All previous investors participated […]
SAN FRANCISCO — Gorgias, a customer experience (CX) platform used by more than 15,000 ecommerce brands, announced $29 million in Series C-2 funding from existing investors. The new funding was led by SaaStr and Alven, with participation from Horsley Bridge, Amplify, Shopify, Sapphire, CRV and Transpose Platform. Sunil Dhaliwal from Amplify has also been added […]
Netflix has an early Christmas gift for football fans — but it won’t fit under the tree. On Dec. 25, 2024, Netflix for the first time will stream two Christmas Day NFL games: the Super Bowl LVII-winning Kansas City Chiefs vs Pittsburgh Steelers and Baltimore Ravens vs. Houston Texans. Netflix has a three year deal […]
Here are the most popular smartphone apps for March 2024 according to Comscore. # Apps Total Unique Visitors (000) % Reach 1 Google Sites 204,244 94 2 Facebook 199,630 92 3 Amazon 148,390 68 4 Apple Inc. 123,511 57 5 PayPal 98,758 46 6 Microsoft Sites 92,034 42 7 Bytedance Inc. 86,214 40 8 Yahoo […]
Netflix has teamed up with Skydance Sports and NFL Films, in association with Stardust Frames Productions, for an upcoming documentary series that tells the definitive story of Jerry Jones and his unique journey in transforming the Dallas Cowboys franchise, leading a historic set of players and coaches to three NFL titles in the 1990s, and […]
SAN FRANCISCO – San Francisco District Attorney Brooke Jenkins announced that Cuauhtemoc Ramirez (20), was charged in connection to over 24 organized retail theft related incidents, including multiple felony counts of robbery and vandalism. Mr. Ramirez and his accomplices are alleged to have stolen over $100,000 in merchandise as well as to have caused thousands […]
SAN FRANCISCO — Instacart and Uber Technologies, Inc. have announced a strategic partnership to bring Uber Eats restaurant delivery to Instacart customers. In the coming weeks, Instacart customers nationwide will be able to use the Instacart app to order from hundreds of thousands of restaurants, powered by Uber Eats. The deal allows Instacart to take […]