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 […]
News
Luxury Ride Hailing Service Alto Launches in Silicon Valley
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 […]
Uber Charging New Gas Fee to Customers
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 […]
National Home Prices Hit All-Time High in February
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 to Provide Deliveries For Office Depot
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 Launches Pollo Asado for Limited Time
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 to Split Shares 20-for-1
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 […]
App Delivery Companies Launch New Industry Association – Flex
America’s leading app-based delivery platforms, representing more than 52 million workers nationwide, have joined together to form Flex, a new industry association that will serve as the voice of the app-based economy. Founding member companies include DoorDash, Gopuff, Grubhub, HopSkipDrive, Instacart, Lyft, Shipt, and Uber. The association will lobby for the delivery industry on a range […]
Apple to Air Major League Baseball Games on Friday Nights
CUPERTINO — Apple has signed a deal with Major League Baseball (MLB) to air its first professional sporting events on Apple TV+. “Friday Night Baseball” will be a weekly doubleheader with live pre- and postgame shows that will be available to fans in eight countries exclusively on Apple TV+ as soon as the regular season […]
Plug and Play Selects 70 Startups for New Batch
SUNNYVALE — Plug and Play has selected over 70 startups to participate in their first Silicon Valley programs of the year. These programs will run through May and are focused on the following industries: Brand & Retail, Food & Beverage, Media & Advertising, New Materials & Packaging, and Supply Chain. Out of the selected startups, 60% are based outside of the U.S. and […]
Shoplifter With $19,000 in Merchandise Arrested in Palo Alto
Palo Alto Police arrested a San Francisco woman this weekend with more than $19,000 in stolen property in the trunk of her car after she shoplifted more than $1600 of clothing from a retailer at Stanford Shopping Center. On Saturday, February 26, 2022, at about 4:34 p.m., officers responded to Victoria’s Secret at Stanford Shopping […]
Bandwidth IG Completes Dark Fiber Route in San Jose
SUNNYVALE — Bandwidth Infrastructure Group (Bandwidth IG) has expanded its dark fiber data connections in Silicon Valley. The company recently completed a unique fiber route — diverse from other carriers — to the vital data center campuses in South San Jose. The 100% underground fiber optic network runs from Santa Clara to the Great Oaks area in South San […]