Daily news about tech companies in Bay Area
SAN FRANCISCO — SoFi Technologies, the digital personal finance company, has been approved by the Office of the Comptroller of the Currency (OCC) and the Federal Reserve to become a Bank Holding Company through its proposed acquisition of Golden Pacific Bancorp. SoFi will operate its bank subsidiary as SoFi Bank, National Association. SoFi expects the […]
SAN FRANCISCO – For those of you not interested in making your own meals, Instacart, the leading online grocery delivery service, has launched Ready Meals directly from supermarkets. Ready Meals provides fresh, healthy and cost-effective alternatives to restaurant takeout from customers’ favorite grocers. With Ready Meals, consumers nationwide can now take a break from cooking […]
A new year means new subs from Subway. The world’s largest sandwich chain — with nearly 40,000 restaurants in 100 countries — is debuting two brand new subs alongside the return of five fan-favorite menu items, back by popular demand. Brand New SandwichesSubway’s two newest subs include: Baja Turkey Avocado: This sub combines fresh flavors […]
Y Combinator, the top accelerator program in Silicon Valley, is boosting the standard deal it offers startups this year after a banner 2021. According to a blog post by President Geoff Ralston, Y Combinator will now invest a total of $500,000 to any company accepted into its batch program. It will still invest $125,000 for […]
DEARBORN, MI, and SAN FRANCISCO – Ford Motor Company has signed a five-year agreement with Stripe to scale the automaker’s e-commerce capabilities faster and to deliver an always-on experience for Ford and Lincoln customers. Rollout of Stripe technology is expected to begin in the second half of 2022, starting in North America. “We have been […]
Silicon Valley is the No. 2 market in the country for data centers, tied with Singapore and behind Northern Virginia according to a study by real estate services firm Cushman & Wakefield. The 2022 Global Data Center Market Comparison is the third edition of this annual study which identifies and ranks the top data center […]
With gas and food prices on the rise over the past year, Netflix has also decided to increase its subscription prices in the U.S. The streaming giant has boosted the monthly cost for its basic subscription price with no High Definition (HD) streaming from $8.99 to $9.99 per month. The standard Netflix plan with HD […]
SAN JOSE — Bridge Bank announced its Capital Finance Group has closed on a $10 million asset-based loan facility for Zuum Transportation Inc., an Irvine-based logistics technology provider for manufacturers, freight brokers and carriers. “It’s rewarding to work with a company like Zuum that is making a difference for such a great stable of internationally […]
REDWOOD CITY — Presto, a provider of technology for the restaurant industry, has been selected by Checkers Drive-In Restaurants, Inc., the operator of Checkers & Rally’s iconic drive-thrus, as the exclusive provider of automated voice ordering for all its corporate-owned drive-thru restaurants. The announcement marks the largest and first of its kind rollout of an […]
MOUNTAIN VIEW — Autonomous vehicle company Nuro has unveiled the third-generation of its autonomous delivery vehicle. As the most advanced zero-occupant vehicle designed by the company to date, the new flagship model, simply called Nuro, is expected to expand to millions of people across the country. Nuro’s third-generation vehicle is designed to carry more goods […]