KANSAS CITY — Tax preparation company H&R Block (Block) has filed a lawsuit against Block, Inc., formerly known as Square, Inc., seeking to enjoin the latter’s infringement of Block’s family of trademarks. The company says the goodwill and brand identity that Block has carefully cultivated and nurtured over the last 65 years is under attack […]
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Tesla Employee Charged With Murder of Co-Worker
A Tesla employee shot and killed a co-worker Monday afternoon in the parking lot of the company’s massive car factory in Fremont. Tesla employs at least 10,000 workers at the factory which makes all of the company’s electric cars in the U.S. including Model S, Model 3 and Model X. The Fremont Police Department issued […]
McDonald’s Launches 12 Days of Free Food With Mariah Carey
McDonald’s, the nation’s leading fast-food chain, is launching 12 days of free food deals starting Monday with Mariah Carey. Customers can get a free Big Mac Monday with any purchase of $1 when using the McDonald’s App. Mariah Carey is one of the best-selling musicians of all time and known for her holiday hit “All […]
Adobe Sees Record Inflation Online
SAN JOSE — Adobe has released the latest online inflation data for the month of November 2021. Online prices hit a record high at a 3.5% year-over-year (YoY) increase while prices are down 2% month-over-month (MoM) due to holiday discounts. This is the highest YoY increase since Adobe first began tracking the digital economy in 2014, […]
C3.ai Wins $500 Million Defense Contract
REDWOOD CITY – Enterprise AI software company C3.ai, Inc. has been awarded a new five-year Production-Other Transaction Agreement with the U.S. Department of Defense (DoD). The agreement allows for an accelerated timeline to acquire C3 AI’s suite of Enterprise AI products and allows any DoD agency to acquire C3 AI products and services for modelling […]
Apple Now Worth Over $2.94 Trillion
Shares in Apple continued to hit record highs and closed at $179.45 on Friday, up $4.89. The Cupertino company is now worth $2.94 trillion and closing in on the magical $3 trillion number. No company has ever traded at a value over $3 trillion and Apple could be the first one in history. If shares […]
Every Company Closes $175 Million Series C
SAN FRANCISCO — The EVERY Company (formerly Clara Foods), developer of animal-free protein, has closed $175 million in Series C financing. The round was co-led by new investor, McWin, and existing investor, Rage Capital. Other new and existing investors joined the round including Temasek, Grosvenor’s Wheatsheaf Group, and TO Ventures. Prosus Ventures also contributed to the […]
Wilson Sonsini Law Firm Promotes 23 to Partner
PALO ALTO — Silicon Valley law firm Wilson Sonsini Goodrich & Rosati has elected 23 new partners from its attorney ranks. The promotions will go into effect on February 1, 2022. For over 60 years, Wilson Sonsini has been a leading provider of legal services for technology startups in Silicon Valley. “Our class of partner-elects […]
Lucid Wins Motor Trend Car of the Year, Under SEC Probe
NEWARK — Luxury electric car maker Lucid Motors has won the prestigious 2022 MotorTrend Car of the Year award for Lucid Air, the first time in which the first car from a new automotive brand has been awarded the “Golden Calipers.” “Earning this coveted distinction for Lucid Air, our very first car, is a resounding endorsement […]
Realtor.com Projects 2.9% Increase in Home Prices in 2022
SANTA CLARA — Americans will have a better chance to find a home in 2022, but will face a competitive seller’s market as first-time buyer demand outmatches the inventory recovery, according to the Realtor.com 2022 Housing Forecast. The median home price is expected to rise 2.9% next year but rents are projected to go up even higher […]
Simplified Secures $8.5 Million Seed Round
SAN FRANCISCO — Simplified, an AI-powered content creation, and marketing platform that’s looking to take on Canva, announced an $8.5 million seed funding round led by Craft Ventures with participation from Khosla Ventures and Wing Venture Capital. The round also included investors Uncorrelated Ventures, 8-Bit Capital, Mads Johnsen (CPO, Calm), Manik Gupta (Corporate Vice President, Microsoft) Ankur Nagpal (Founder of Teachable, […]
Denny’s Offers Free Delivery in Promo for Matrix Movie
Denny’s, a national chain of restaurants, has formed a partnership with Warner Brothers’ blockbuster The Matrix franchise to offer free delivery now through December 19 on all digital orders placed through Dennys.com and its new Denny’s apps for iOS and Android. During this limited-time promotion, Denny’s Rewards members will be transported into a real-life version of The Matrix where they will experience personalized “glitches” that […]