News about Silicon Valley business almost everyday.
Apple News is expanding its local news experience in three additional cities in the US: Charlotte, Miami, and Washington, D.C. Each experience is curated by Apple News editors and features coverage of topics that are important to local communities, from restaurant openings and real estate trends to big policy decisions. Local news offerings in Apple […]
Hertz, one of the nation’s largest car rental companies, announced it will form a partnership with Uber to accelerate the adoption of electric vehicles (EVs) in the U.S. The new exclusive partnership will make up to 50,000 Teslas available by 2023 for drivers to rent when using the Uber network. This partnership is the largest […]
Car rental company Hertz is announcing a significant investment to offer the largest Electric Vehicle (EV) rental fleet in North America and one of the largest in the world. This includes an initial order of 100,000 Teslas by the end of 2022 and new EV charging infrastructure across the company’s global operations. As interest in electric […]
SAN JOSÉ — The Silicon Valley Leadership Group (SVLG) announced that Eric Yuan, Founder and CEO of Zoom Video Communications, Inc., and regional healthcare workers will be recognized with Spirit of Silicon Valley Lifetime Achievement Awards during SVLG’s Annual Forum event on October, 29, 2021. The event will be held virtually on (where else?) Zoom […]
SAN FRANCISCO — Kruze Consulting, a CFO consulting company for startups, has released new data on the best credit cards for startups. The data comes from analysis of the 450+ venture-funded startups clients at Kruze. Full details can be found on Kruze’s Best Startup Credit Cards page, but the data reveals just how popular Brex has become amongst […]
California home sales closed out the third quarter by reversing a four-month decline and posting the largest monthly increase in more than a year, according to a monthly report for September by the CALIFORNIA ASSOCIATION OF REALTORS (C.A.R.). Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of […]
CUPERTINO — At a pre-taped keynote presentation, Apple today introduced HomePod mini in three bold new colors — yellow, orange, and blue. At just 3.3 inches tall, HomePod mini offers a great music-listening experience, the intelligence of Siri, and smart home capabilities, with privacy and security built in. Its seamless integration across Apple’s products and […]
SAN FRANCISCO — Hubilo, a global virtual events platform, announced a $125 million Series B funding round led by Alkeon Capital and additionally, Lightspeed Venture Partners and Balderton Capital. The new fund will h development of the future of events and engagement on Hubilo’s platform. This brings the company’s total funding to $153 million to date in less than 18 months. The […]
REDWOOD CITY – AutoGrid Systems Inc, a Virtual Power Plant provider, announced an $85 million new round of funding to accelerate energy transition through adoption of electric vehicles, battery storage and renewables generation. SE Ventures, a $500 million fund established by Schneider Electric led the Series D-2 round. Other major funding came from new investors, which […]
REDWOOD CITY — Electronic Arts has launched the new videogame EA SPORTS NHL 22, now available worldwide on Xbox Series X|S, Xbox One, PS5 & PS4 for $99.99. EA Play members can get 10% off. As the first EA SPORTS NHL game powered by the Frostbite engine, NHL 22 brings players closer to the ice than ever […]
REDWOOD CITY — Zūm, a company that is modernizing school bus transportation, has secured $130 million in Series D funding led by Softbank Vision Fund 2, with participation from existing investors including Sequoia and BMW i Ventures. Andrew Straub of Softbank Investment Advisers will join the board of directors. Zum’s comprehensive bus service is designed to transport students […]
The nation’s average gas price has jumped from 5.2 cents from a week ago and stands at $3.25 per gallon according to GasBuddy data compiled earlier this week from more than 11 million individual price reports covering over 150,000 gas stations across the country. The national average is up 7.5 cents from a month ago […]