News About Companies in Silicon Valley and the Bay Area
IBM Security announced the results of a global study which found that data breaches now cost surveyed companies $4.24 million per incident on average – the highest cost in the 17-year history … Read More
SAN JOSE — Following a record-breaking year for the trading card industry, eBay is introducing Price Guide and Collection tools for trading cards. The new features provide a single destination for enthusiasts to … Read More
United Airlines has announced the five grand prize winners of its “Your Shot to Fly” sweepstakes, who will each get to fly anywhere in the world United flies with a companion … Read More
CUPERTINO — Apple, the world’s most valuable company, has reported financial results for its fiscal 2021 third quarter ended June 26, 2021. The Company posted a June quarter record revenue … Read More
U.S. News & World Report has released its 2021-22 list of Best Hospitals rankings and ratings. In the latest edition, seven new Procedures and Conditions ratings have been added, diversifying the … Read More
NEWARK — Lucid Motors, a maker of luxury electric cars based in Newark, went public Monday via a Special Purpose Acquisition Company (SPAC) merger with Churchill Capital Corp IV. The … Read More
Doordash, the nation’s leading food-delivery service, has been cutting base pay for drivers around the country over the past month according to posts on Reddit and Facebook. Base pay for … Read More
Uber announced that its Freight division has agreed to buy Transplace for approximately $2.25 billion, consisting of up to $750 million in common stock and the remainder in cash. Uber … Read More
German automaker Mercedes-Benz said it plans to convert new vehicles to all electric by the end of the decade, where market conditions allow. Shifting from electric-first to electric-only, the leading … Read More
Tripadvisor has released the list of the winners of its 2021 Travelers’ Choice “Best of the Best” Restaurants awards, with five new categories of must-visit restaurants no matter where you are or … Read More
SAN JOSE — Zoom Video Communications, has agreed to acquire Five9, Inc., a publicly-traded provider of cloud-based contact center softare, in an all-stock transaction valued at approximately $14.7 billion. Five9 … Read More
JetBlue Airlines announced it will update the iPads for use by its pilots to the new iPad Pro powered by Apple’s own M1 chip. JetBlue was one of the first … Read More
Apple said it is increasing support for affordable housing initiatives and over the past 18 months has deployed more than $1 billion for projects across California. Apple’s financial commitment has … Read More
SAN FRANCISCO — Astranis, a company building the next generation of telecommunications satellites, announced it has begun final assembly of a new satellite for Alaska. The satellite is slated to … Read More
CUPERTINO — Mobileum Inc., a provider of analytics-based roaming and network services, risk management, and testing and monitoring solutions, has been chosen by auto maker Audi to deploy Mobileum’s Connected … Read More
Ampcera Inc., a developer of solid-state electrolyte and battery technologies based in Silicon Valley, has received a Phase I Small Business Innovative Research (SBIR) grant from the U.S. Department of … Read More
SAN FRANCISCO — Instacart, the nation’s leading online grocery service, has named Fidji Simo as its new Chief Executive Officer, effective August 2. Simo, who joined Instacart’s Board of Directors … Read More
Subway — operator of the nation’s largest sandwich chain — has announced the biggest refresh in the brand’s history, making improvements to almost every core menu item and introducing digital … Read More
PALO ALTO — HP Inc. has introduced its lightest consumer laptop yet, the HP Pavilion Aero 13 Laptop PC. Starting at less than 1 kilogram, the Pavilion Aero 13 features … Read More
Here’s an updated list of companies in Silicon Valley and the entire state of California that have raised money during the month of July 2021. This list will be updated … Read More
T-Mobile, one of the nation’s largest cellular phone companies, will sell a new phone with 5G technology and priced at $199.99. The launch of the most affordable 5G smartphone ever … Read More
SANTA CLARA — Larry Sonsini, senior and founding partner of Silicon Valley law firm Wilson Sonsini Goodrich & Rosati, was elected to a three-year term as chairman of the Santa Clara … Read More
MENLO PARK — A little more than a year after adding two additional office campuses in Menlo Park, 2700-2770 and 3000 Sand Hill Road, to its portfolio at 2400-2498 Sand … Read More
Apple TV+ has received an additional 19 Daytime Emmy Award nominations in the Children’s & Animation and Lifestyle categories, in addition to the previously announced six nominations in craft categories, … Read More
