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Investor Group Buying McAfee for $14 Billion

SAN JOSE — McAfee Corp., a provider of computer security and virus protection, has agreed to be acquired by an investor group led by Advent International Corporation and Permira Advisers LLC, Crosspoint Capital Partners, Canada Pension Plan Investment Board, GIC Private Limited, and a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”). The […]

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Nextdoor to Go Public Via Khosla Ventures SPAC

SAN FRANCISCO and MENLO PARK — Nextdoor, Inc., which operates a social neighborhood network, is set to go public tomorrow with Khosla Ventures Acquisition Co. II (Nasdaq: KVSB) (“KVSB”), a special purpose acquisition company sponsored by an affiliate of venture capital firm Khosla Ventures, LLC. The combined company is expected to start trading on The New York […]

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Instacart Offers Delivery From Dollar Tree

Instacart is partnering with the nation’s largest low-priced chain, Dollar Tree, to deliver low-priced goods directly to customers. The delivery service is expanding its partnership nationally with Dollar Tree. Now same-day delivery in as fast as one hour via Instacart is now available from nearly 7,000 Dollar Tree stores nationwide. Instacart will be offering in-store […]

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Twelve Produces E-Jet Fuel From Carbon Dioxide

BERKELEY — Twelve announced it has produced the first fossil-free jet fuel called E-Jet from carbon dioxide (CO2) electrolysis, demonstrating a scalable, energy-efficient path to the de-fossilization of global aviation. This project was supported through funding from the U.S. Air Force and produced fuel globally applicable for both commercial and military aviation. Global aviation produces […]

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Amazon Launches Quantum Computing Center at CalTech

Amazon has launched a new facility for quantum computing at the California Institute of Technology (Caltech) with the ambitious goal of building a “fault-tolerant” quantum computer. Teams from Amazon Web Services (AWS) will focus on developing more powerful quantum computing hardware and identifying new applications for quantum technologies. Here are five challenges they’ll be wrapping […]

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Google Offers Free Access to Career Certificates for Community Colleges

Alphabet’s Chief Financial Officer Ruth Porat announced an expansion of the Google Career Certificates program, including added partnerships with community colleges, translating Google Career Certificates into college credit and partnering with four-year universities to prepare students for in-demand jobs. 1. Providing community colleges with free access to Google Career Certificates Community colleges are critical to […]

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Stripe Strikes Partnership With Klarna

Klarna, a Swedish provider of flexible payment services, has announced a strategic partnership with Stripe, based in San Francisco. The partnership will allow millions of businesses running on Stripe to offer Klarna’s flexible payment options to their consumers. In recent years, consumers around the world have gravitated to popular “Buy Now Pay Later” payment options, […]

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Cisco Launches Webex Hologram for Meetings

SAN JOSE – At WebexOne, Cisco unveiled a preview of its next-generation hybrid work collaboration product. Webex Hologram is the industry’s only real-time meeting solution that takes advantage of augmented reality headsets to combine feature rich Webex meeting functionality with immersive 3D holograms. With 64% of employees agreeing that the ability to work remotely directly affects […]