News

San Francisco Man Convicted of Shoplifting From Safeway

SAN FRANCISCO, CA – San Francisco District Attorney Brooke Jenkins announced that her office has secured a conviction of Joshua David Chavez (37), after a trial by jury for shoplifting from a Sunset District Safeway and resisting arrest. Mr. Chavez was convicted of one count of petty theft and one count of resisting, delaying or […]

News

Maxterial Raises $8 Million Series A

PLEASANTON — Maxterial, a technology company dedicated to pioneering advancements in material science including the commercialization of advanced coatings, has announced the successful closure of its Series A funding round, raising nearly $8 million. This milestone underscores Maxterial’s rising influence in disruptive material science technologies and its commitment to reshaping traditional industry norms with dynamic […]

News Venture Capital

Loop Completes $1 Million Seed Round

REDWOOD CITY — Loop Golf, the online booking platform helping golfers get the best tee times at the busiest local courses, has completed a $1 million seed funding round that accelerates its mission of becoming the dominant marketplace to find and book any tee time at any course in the United States. Founded in 2021, […]

Apple News

Apple to Open First Store in Malaysia

KUALA LUMPUR, MALAYSIA  — Apple is opening its first Apple Store in Malaysia Saturday. Located in the heart of Kuala Lumpur’s new Tun Razak Exchange (TRX) central business district, the new store will deliver the magic of Apple in the country like never before. Customers can discover and buy Apple’s  lineup of products and services, […]

Adobe News

FTC Says Adobe Made Subscriptions Hard to Cancel

The Federal Trade Commission is taking action against software maker Adobe and two of its executives, Maninder Sawhney and David Wadhwani, for deceiving consumers by hiding the early termination fee for its most popular subscription plan and making it difficult for consumers to cancel their subscriptions. A federal court complaint filed by the Department of Justice upon notification […]

News

Nicole Perlroth Named Partner at Ballistic Ventures

SAN FRANCISCO — Ballistic Ventures, a venture capital firm dedicated exclusively to funding cybersecurity startups, announced that Nicole Perlroth has been appointed to Venture Partner. The new role for Perlroth, who previously served as an advisor to Ballistic, deepens her work with the firm. “In advising Ballistic’s portfolio companies in the fund’s early days, it became clear to […]

Google News

Amazon Web Services Holds 59.6% of Cloud Market Share

Worldwide revenue for the public cloud services market totaled $669.2 billion in calendar year 2023, an increase of 19.9% compared to 2022, according to new data from the International Data Corporation (IDC) Worldwide Semiannual Public Cloud Services Tracker. The largest source of public cloud services revenue in 2023 was Software as a Service – Applications (SaaS […]

News

Chipotle Mexican Grill Shares Surge to All-Time High

Shares in burrito restaurant chain Chipotle Mexican Grill hit an all-time high on Monday, rising $93.75 to close at $3,365.46. Shares hit an intraday and all-time high of $3,384.04. The company announced last week during its annual meeting,shareholders approved an increase in the number of authorized shares of its common stock, which is necessary to […]

News

Canary Technologies Rounds Up $50 Million Series C

SAN FRANCISCO — Canary Technologies, the global leader in hotel guest management technology, announced today that it has closed a $50 million Series C funding round. The round was led by global software investor Insight Partners, who also led the company’s Series B, with participation from existing investors F-Prime Capital, Thayer Ventures, Y-Combinator, and Commerce […]

Apple News

Apple iPhone 15 Pro Max Tops List of Best-Selling Smartphones

Apple’s iPhone 15 Pro Max was the top selling smartphone in the first quarter according to research from Counterpoint. Apple and Samsung dominated the top-10 best-selling smartphones list for Q1 2024, each capturing five positions and leaving no spot for other brands, according to Counterpoint Research’s Global Monthly Handset Model Sales Tracker. This was the first […]

News

Affirm Adds New Payment Options

SAN FRANCISCO — Affirm, which offers buy now pay later services, has introduced two new payment options, Pay in 2 and Pay in 30, to bring even greater choice and flexibility to consumers utilizing Affirm’s app. The company says consumers won’t owe a penny more than what they agree to upfront as there are no […]

News

Northwestern Mutual Expands San Jose Office

SAN JOSE — Northwestern Mutual, a financial security company focused on comprehensive financial planning through both insurance and investments, is announcing the relocation and expansion of its office in San Jose. The new office, situated at 1919 South Bascom Avenue, Suite 350 in Campbell, CA, boasts a client service center complete with a concierge, coffee […]