News Venture Capital

Tony Xu of Doordash Invests in PipeDreams

SAN FRANCISCO — PipeDreams, a tech-enabled home services provider, has landed $25.5 million in Series A funding led by Canvas Ventures and Plural, bringing its total equity funding to $39M. Angel investors include Tony Xu, the founder and CEO of DoorDash; Thomas Layton, the founder of CitySearch, former CEO of OpenTable, and Chairman of UpWork; […]

News

Airbnb Generated $85 Billion in Economic Impact in U.S.

In 2023, Airbnb said guests traveled to more than 100,000 cities and towns around the world making it the most dispersed year of travel ever on the platform. In the US, nearly 600 cities and towns welcomed their first guest, demonstrating that travel on Airbnb continues to be a popular way for people to experience new […]

News Venture Capital

Extropic Emerges From Stealth With $14.1 Million

SAN FRANCISCO — Extropic, a pioneer in physics-based computing, has emerged from stealth mode and announced the release of its Litepaper, which outlines the company’s revolutionary approach to AI acceleration through thermodynamic computing. Founded in 2022 by Guillaume Verdon, Extropic has been developing novel chips and algorithms that leverage the natural properties of out-of-equilibrium thermodynamic […]

Meta News

Union Says Meta Food Service Workers Struggle to Afford Rent, Food

MENLO PARK — According to a new UNITE HERE report, contracted food service workers working in Meta cafeterias nationwide struggle to afford basics like rent and food. In the report, “Food Service Workers at Meta Need A Raise,” employees of the company’s food service contractors, Flagship and Yarzin Sella, say the aftermath of skyrocketing inflation […]

Apple News

Walmart Begins Selling 2020 Macbook Air

BENTONVILLE, AR — Walmart. the nation’s largest retailer, has begun selling MacBook Air with the M1 chip that was first launched in 2020. This is the first time customers can purchase a Mac directly from Walmart. The MacBook Air with the M1 chip is now available on Walmart.com and will soon be available in select Walmart […]

News

Broadcom Delivers Bailly Ethernet Switch

PALO ALTO — Broadcom Inc. announced that it has delivered Bailly, the industry’s first 51.2 terabits per sec (Tbps) co-packaged optics (CPO) Ethernet switch, to its customers. The product integrates eight silicon photonics based 6.4-Tbps optical engines with Broadcom’s best-in-class StrataXGS Tomahawk 5 switch chip. Bailly enables the optical interconnect to operate at 70% lower […]

News Travel

Four Seasons Silicon Valley Unveils Suite Renovations

Four Seasons Silicon Valley in Palo Alto has completed renovations to its Luxury and Presidential Suites. These newly reimagined Specialty Suites epitomize contemporary elegance and residential comfort, setting a new standard for opulence in the heart of Silicon Valley. Designed with meticulous attention to detail, the newly renovated Luxury and Presidential Suites boast a refined […]

News

Krispy Kreme to Sell Doughnuts at McDonald’s Nationwide

McDonald’s and Krispy Kreme have a sweet update for doughnut fans everywhere. Krispy Kreme will soon provide fresh doughnuts everyday at McDonald’s restaurants nationwide. The phased rollout will begin in the second half this year with nationwide availability expected by the end of 2026. Three of Krispy Kreme’s most popular doughnuts will be delivered fresh to McDonald’s […]

News

PayPal Names Chief Communications Officer

SAN JOSE — PayPal Holdings has announced that Amy Bonitatibus has been named Chief Corporate Affairs and Communications Officer, effective May 28, 2024. Bonitatibus will report to Diego Scotti, Executive Vice President, Consumer Group & Global Marketing and Communications. Bonitatibus will be responsible for leading the Global Communications team and social impact and sustainability efforts across PayPal’s family of […]

News

Panera Website and App Back Online

The website and app for the Panera Bread chain is back online but still not fully functional. Customers can place orders but only for pickup at their local stores. Members aren’t able to log in to their accounts to place orders, use rewards and access their information. Panera Bread was hit by a massive tech […]

Meta News

Mark Zuckerberg Says Threads Rolling Out Trending Now Feature

Mark Zuckerberg announced that Threads is rolling out a “Trending Now” feature to help you find timely topics that others are discussing. At this time, this feature is only available in the U.S. Since Threads was launched in July, the company has heard feedback that people want to be able to find timely topics so […]

News

Profluent Scores $35 Million

BERKELEY — Profluent, an AI-first protein design company, has closed additional funding to bring the total raised to $44 million. The $35 million financing was led by Spark Capital, with participation from existing investors Insight Partners and Air Street Capital along with a syndicate of angel investors from OpenAI, Salesforce, Octant Bio, and Google including Jeff […]