News

COVID Home Testing App Downloads Rise 134%

With a rise in the Delta variant of COVID-19 spreading across the country, at-home tests for coronavirus are soaring according to app measurement firm Sensor Tower. Sensor Tower data reveals that installs for the apps associated with the two most widely available over-the-counter testing kits with mobile apps, BinaxNOW and Ellume, collectively surged 107 percent […]

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Former Headspin CEO Charged With Fraud

SAN FRANCISCO – Manish Lachwani, co-founder and former CEO of Palo Alto-based technology company Headspin, was arrested this week on charges of securities fraud and wire fraud perpetrated to raise money from investors. The announcement was made by Acting United States Attorney Stephanie M. Hinds and Federal Bureau of Investigation Special Agent in Charge Craig […]

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Toyota Sells Over 50 Million Corollas

Automaker Toyota announced it has sold the 50-millionth Corolla this past July, a milestone not just in Toyota history, but automotive history, as well. Now in its 12th generation and over 55 years in production, Corolla remains one of the world’s top-selling vehicles. Toyota introduced the Corolla in 1966, and it arrived in the U.S. […]

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Private Equity Firm VMG Hires New Talent Partner

SAN FRANCISCO – VMG Partners, a private equity firm specializing in building iconic consumer brands, has hired Brianna Rizzo as the company’s newest Talent Partner. Among her many responsibilities, Rizzo will lead the Talent strategy for VMG Catalyst, a fund that launched in 2019 and seeks to invest in tech businesses, including digital consumer products, services, experiences and […]

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Marriott Hotel Given OK by San Jose City Council

SAN JOSE — Urban Catalyst, Silicon Valley’s premier Opportunity Zone Fund, announced that the San Jose City Council gave the go-ahead Tuesday to build an extended-stay Marriott in San Jose’s Downtown West, just a short walk from Google’s planned mega-campus. The council’s blessing gives Urban Catalyst the green light to move forward with its Keystone […]

Adobe News

Adobe Snaps Up Frame.io for $1.275 Billion

SAN JOSE — Adobe announced it will acquire Frame.io, a NY cloud-based video collaboration platform for $1.275 billion. With over a million users across media and entertainment companies, agencies, and global brands, Frame.io streamlines the video production process by enabling video editors and key project stakeholders to seamlessly collaborate using cloud-first workflows. The combination of […]

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Perrone Robotics Partners With Tropos on Self-Driving Trucks

Perrone Robotics, Inc., a Virginia-based provider of fully autonomous vehicle technology and turnkey vehicle solutions for the mobility of people and things, and Tropos Motors, a Silicon Valley based cleantech compact electric vehicle manufacturer and supplier, have formed a partnership to produce a series of fully autonomous, electric low speed vehicles (e-LSVs) and trucks. (Photo […]