News about Silicon Valley business almost everyday.
Y Combinator, Silicon Valley’s premier accelerator program, is now accepting applications from startups for the Summer 2022 funding cycle. It will take place from June–August 2022. The batch will be remote with optional in-person components depending on the pandemic. Startups that are accepted can receive up to $500,000 in investment from Y Combinator in exchange for a […]
Palo Alto police are investigating an incident from Monday morning where two suspects stole a cell phone from a victim’s hand as they ran past her on a sidewalk, then jumped into a getaway car and fled. The victim was not physically injured. The suspects are unknown and at large. On Monday, March 14, 2022, […]
MOUNTAIN VIEW — Cybersecurity company SentinelOne has agreed to acquire Attivo Networks, a leading identity security and lateral movement protection company based in Fremont. SentinelOne will acquire Attivo Networks in a cash and stock transaction valued at $616.5 million. The acquisition is expected to close in SentinelOne’s upcoming fiscal second quarter. With this deal, SentinelOne […]
Cupertino, home of Apple Inc, was named the No.1 city in the U.S. with the most educated population according to Dwellics, a resource for city data and personalized advice. Silicon Valley held four of the top six most educated cities on Dwellics’ 2022 list of the Top 100: Most Educated Cities in America 2022. Dwellics […]
You can now use Google’s dominant search engine to locate cars for sale near you. Just enter a car brand and model and you will see corresponding vehicles for sale in your area right at the top of Google search results. Google says 89% of new car buyers researched their new vehicle online. And shoppers […]
SANTA CLARA – Intel announced plans to invest as much as 80 billion euros in the European Union over the next decade along the entire semiconductor value chain – from research and development (R&D) to manufacturing to state-of-the art packaging technologies. [Photo above: Rendering of a new Intel chip plant to be built in Germany […]
Alto, a luxury ride sharing service, has made its official launch in Silicon Valley. This is the company’s sixth market launch since its founding in 2018. Alto offers a premium service with its own branded SUVs and drivers are not contractors like Uber or Lyft, but employees of the company. According to the company’s service […]
With gas prices soaring over the past month, Uber has begun charging a new gas fee for customers that will go directly to drivers. Starting last Wednesday, Uber customers are now paying a surcharge of either $0.45 or $0.55 on each Uber trip and either $0.35 or $0.45 on each Uber Eats order, depending on […]
SANTA CLARA — The U.S. median home listing price hit a new all-time high of $392,000 in February, according to the Realtor.com Monthly Housing Trends Report. Home prices grew at an unusually-fast February pace before the busy spring season in many of the 50 largest metros, led by Las Vegas, Miami and Tampa, with annual increases of at least 31% each. […]
DoorDash is teaming up with Office Depot, a leading provider of office supplies and business products, to offer on-demand delivery of business and educational products from more than 1,000 Office Depot and OfficeMax stores nationwide. From laptop and desktop computers, to printers, ink and toner, cleaning and breakroom supplies, tech accessories and more, consumers can […]
Chipotle Mexican Grill is launching the new Pollo Asado at restaurants in the U.S. and Canada for a limited time. Pollo Asado is grilled fresh in Chipotle’s kitchens using classic cooking techniques to build bright, craveable flavor. The chicken is available at participating locations and via the Chipotle app, Chipotle.com, and third-party delivery partners. An Entirely […]
Amazon, the leading online retailer and cloud service, says its Board of Directors has approved a 20-for-1 split of the Company’s common stock. Shares in Amazon stock closed Wednesday at $2,785.58 per share, up $65.29. The stock was trading 6% higher after hours when news of the split was released in a filing with the […]