News about Silicon Valley business almost everyday.
SAN MATEO — Bluejay Therapeutics, a leader in the development of novel therapeutics, announced the successful closure of a $182 million Series C financing round. This capital infusion will accelerate the clinical development of BJT-778, as the treatment for chronic hepatitis D (HDV). The funds will also support the progression of additional promising candidates in […]
FREMONT — Attovia Therapeutics has closed a $105 million oversubscribed Series B financing, bringing the total capital raised by the Company since its launch in June 2023 to $165 million. Proceeds from the financing will be used to advance the Company’s lead programs ATTO-1310 and ATTO-002 through initial clinical data readouts, expand the Company’s immunology […]
NVIDIA founder and CEO Jensen Huang will deliver a keynote address ahead of COMPUTEX 2024, in Taipei, outlining what’s next for the AI ecosystem. Slated for June 2 at the National Taiwan University Sports Center, the address kicks off before the COMPUTEX trade show scheduled to run from June 3-6 at the Taipei Nangang Exhibition Center. The […]
BURLINGAME — Xona – a company developing a network of small satellites to provide high-precision navigation services – has raised an oversubscribed $19 million Series A funding round led by Future Ventures and Seraphim Space. New investors NGP Capital, Industrious Ventures, Murata Electronics, Space Capital, and Aloniq also joined the round. This funding will be used to […]
Mother’s Day is one of the busiest floral holidays of the year. At 1-800-Flowers.com, anticipation is high as the company prepares to deliver over 20 million stems for the special occasion. Behind the scenes, a dedicated team has been hard at work developing truly original creations that help inspire customers to give more, connect more, […]
Starbucks has introduced new Summer-Berry Starbucks Refreshers beverages, available at stores in the U.S. The trio of beverages feature a layer of new popping raspberry flavored pearls that add a burst of fruity flavor. The returning White Chocolate Macadamia Cold Brew, new Orange Cream Cake Pop and new Pineapple Cloud Cake round out the summer menu, alongside vibrant summer drinkware and more. Also kicking off this […]
SAN JOSE — Adobe has released online shopping data for the first four months of 2024, covering the period from Jan. 1 to Apr. 30, 2024. Based on Adobe Analytics data, the report provides the most comprehensive view into U.S. e-commerce by analyzing commerce transactions online, covering over one trillion visits to U.S. retail sites, 100 […]
GEORGETOWN, KY — Workers at Toyota’s longest-running U.S. vehicle manufacturing facility cheered as the ninth-generation Camry rolled off the assembly line for the first time. The 2025 Camry is powered exclusively with the fifth-generation Toyota Hybrid System, part of Toyota’s multi-pathway approach to electrification. “Today would not be possible without our incredibly talented team members,” […]
CUPERTINO — Apple has announced the redesigned 11-inch and all-new 13-inch iPad Air, supercharged by the M2 chip. Now available in two sizes for the first time, the 11-inch iPad Air is super-portable, and the 13-inch model provides an even larger display for more room to work, learn, and play. Both deliver phenomenal performance and […]
CUPERTINO — Apple announced plans to buy back up to $110 billion in shares of its stock and also boost its dividend. The company last week reported financial results for its fiscal 2024 second quarter ended March 30, 2024. In the second quarter, revenue was $90.8 billion, down 4 percent year over year, and quarterly […]
SAN FRANCISCO — Shares in online discussion forum Reddit surged over 16% Tuesday in after-hours trading when the company released first quarter earnings for 2024. This was the first earnings report for Reddit as a publicly-traded company. “It was a strong start to the year and a milestone quarter for Reddit and our communities as […]
Amazon Stores CEO Doug Herrington reports the company has set new records for Prime delivery speeds in the first three months of 2024, with more than two billion items arriving the same or next day to Prime members around the world. In March, nearly 60% of Prime member orders arrived the same or next day […]