News about Silicon Valley business almost everyday.
CUPERTINO — At a pre-taped keynote presentation, Apple today introduced HomePod mini in three bold new colors — yellow, orange, and blue. At just 3.3 inches tall, HomePod mini offers a great music-listening experience, the intelligence of Siri, and smart home capabilities, with privacy and security built in. Its seamless integration across Apple’s products and […]
SAN FRANCISCO — Hubilo, a global virtual events platform, announced a $125 million Series B funding round led by Alkeon Capital and additionally, Lightspeed Venture Partners and Balderton Capital. The new fund will h development of the future of events and engagement on Hubilo’s platform. This brings the company’s total funding to $153 million to date in less than 18 months. The […]
REDWOOD CITY – AutoGrid Systems Inc, a Virtual Power Plant provider, announced an $85 million new round of funding to accelerate energy transition through adoption of electric vehicles, battery storage and renewables generation. SE Ventures, a $500 million fund established by Schneider Electric led the Series D-2 round. Other major funding came from new investors, which […]
REDWOOD CITY — Electronic Arts has launched the new videogame EA SPORTS NHL 22, now available worldwide on Xbox Series X|S, Xbox One, PS5 & PS4 for $99.99. EA Play members can get 10% off. As the first EA SPORTS NHL game powered by the Frostbite engine, NHL 22 brings players closer to the ice than ever […]
REDWOOD CITY — Zūm, a company that is modernizing school bus transportation, has secured $130 million in Series D funding led by Softbank Vision Fund 2, with participation from existing investors including Sequoia and BMW i Ventures. Andrew Straub of Softbank Investment Advisers will join the board of directors. Zum’s comprehensive bus service is designed to transport students […]
The nation’s average gas price has jumped from 5.2 cents from a week ago and stands at $3.25 per gallon according to GasBuddy data compiled earlier this week from more than 11 million individual price reports covering over 150,000 gas stations across the country. The national average is up 7.5 cents from a month ago […]
Some of Netflix’s biggest hit shows originated from books, so the company decided to create the Netflix Book Club, a one-of-a-kind book club along with an online show hosted by actress Uzo Aduba. Readers around the world know what’s next in their TBR (to-be-read) list whenever Netflix announces its next adaptation because the hype is […]
New-vehicle prices hit another all-time high in September 2021, marking the sixth straight record-setting month and surpassing $45,000 for the first time, according to a new report from Kelley Blue Book. At $45,031, the average transaction price (ATP) for a new vehicle was up 12.1% (or $4,872) from one year ago in September 2020 and up 3.7% (or $1,613) from August 2021. The all-time-high […]
SUNNYVALE — Google has formed the Google Cybersecurity Action Team. Made up of experts from across the company, the Google Cybersecurity Action Team will be the world’s premier security advisory team with the singular mission of supporting the security and digital transformation of governments, critical infrastructure, enterprises and small businesses. The announcement was made as […]
Graduates in the Class of 2020 with computer and information sciences degrees received the highest average starting salaries at the advanced degree levels, according to the National Association of Colleges and Employers (NACE) Summer 2021 Salary Survey report. Graduates earning master’s degrees in the computer and information sciences discipline received an average starting salary of $99,268—the […]
SAN FRANCISCO — Twitter, Inc. has agreed to sell MoPub to AppLovin Corporation, a leading marketing software company based in Palo Alto, for $1.05 billion in cash. MoPub provides an advertising network for app publishers. Twitter bought the company for about $350 million in 2013 but is selling to focus on its own products and […]
McDonald’s is making school day mornings a little brighter for teachers with a free breakfast Thank You Meal all next week from October 11 to 15. “Together with our Owner/Operators, we’re proud to serve the people who make our communities a better place, and this is an important time to say thank you to some […]