News

Broadcom Buying VMWare for $61 Billion

SAN JOSE and PALO ALTO — Broadcom Inc., a company that designs, develops and supplies semiconductor and infrastructure software solutions, has agreed to buy VMware in a cash-and-stock transaction that values VMware at approximately $61 billion, based on the closing price of Broadcom common stock on May 25, 2022. In addition, Broadcom will assume $8 billion of VMware net debt. VMware, a […]

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Walmart Expanding Drone Delivery in Six States

Walmart, the nation’s largest retailer, is expanding delivery with DroneUp, a Virginia Beach based company specializing in drone technology. Walmart plans to expand its DroneUp delivery network to 34 sites by the end the year, providing the potential to reach 4 million U.S. households across six states – Arizona, Arkansas, Florida, Texas, Utah and Virginia. […]

News Uber

Uber Eats Launching Autonomous Deliveries in Santa Monica

SANTA MONICA — Uber is partnering with Motional, a developer of driverless technology, in the launch of autonomous food deliveries for Uber Eats customers in Santa Monica. Motional’s all-electric Hyundai IONIQ 5 vehicles, operating autonomously, are now conducting end-to-end food deliveries. While Uber Eats drivers usually deliver food right to the door, customers using Motional […]

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San Jose Police Arrest Man for Stalking, Seize Guns

On May 19, the San José Police Department’s Covert Response Unit (CRU) and MERGE Unit took Bryan Velasquez into custody without incident and he has been charged with felony stalking. Several firearms, including two AR pattern assault rifles, high capacity magazines, hundreds of rounds of ammunition, tactical body armor, and materials to manufacture and assemble […]

News Venture Capital

Bravado Raises $26 Million

SAN FRANCISCO — Bravado, a professional network for B2B sales, has raised $26 million in Series B funding led by Tiger Global. The round included community participation from 250 Chief Revenue Officers and VPs of Sales, along with angel investors like Zynga founder Mark Pincus, Lenny Rachitsky and the Airbnb alumni syndicate, Packy McCormick, and Sahil Bloom. Existing investors Redpoint […]

Google News

Google to Roll Out Immersive View for Maps

Google Maps is launching new immersive view for major cities including Los Angeles, London, New York and San Francisco later this year. Advances in computer vision and AI allow Google to fuse together billions of Street View and aerial images to create a rich, digital model of the world. With the  new immersive view, you’ll […]

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Sand Hill Kitchen Opens in Menlo Park

MENLO PARK — San Francisco-based DivcoWest is celebrating the opening of Sand Hill Kitchen, a brand-new regionally inspired restaurant located within The Quad at Sand Hill Collection (SHC) in Menlo Park. The restaurant pairs an inventive menu featuring sustainable and seasonal, locally-sourced ingredients with bright, modern design and ample outdoor dining space. It’s the newest […]

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Alphawave Opens Silicon Valley Office

Alphawave IP, a provider of high-speed connectivity for the world’s technology infrastructure based in Toronto, has opened a new office in San Jose – marking the launch of its presence in the United States. Alphawave expects the US office to grow to more than 40 employees by the end of the year, with the majority of employees […]

News Real Estate

Only 24% of Californians Can Afford to Buy House

As California’s median home price set a new high in March and interest rates reached their highest levels in more than two years, the housing affordability outlook for Californians was diminished in the first quarter of 2022, according to the California Association of Realtors (C.A.R.). The percentage of home buyers who could afford to purchase a […]

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Amazon to Add 2,500 Jobs in Southern California

Amazon announced plans to create more than 2,500 corporate and technology jobs over the coming years in multiple cities across California. The company will expand its Tech Hubs in San Diego and the Los Angeles area, including Irvine and Santa Monica, as it seeks to recruit local talent and continue inventing and innovating on behalf […]