News about Silicon Valley business almost everyday.
DoorDash continues to expand grocery delivery offerings across the country with the addition of six local grocers. These new partners join DoorDash at a time when more consumers are ordering groceries through the platform than ever before. Now available on DoorDash: Bi-Rite Market: A San Francisco institution with three locations throughout the city, Bi-Rite is […]
SAN FRANCISCO — J/PR, an agency specializing in public relations, content creation, social media, and brand partnerships has announced the launch of the firm’s new San Francisco office. The new Bay Area office will be dual-branded under J/PR and its agency affiliate 20Two Studio. [Photo above: Natalie Amos, Annika Berg, Allie Swearingen.] The expansion represents a significant milestone […]
The Santa Clara County Sheriff’s Office has arrested three suspects tied to a series of organized burglaries and an identity theft ring spanning the Bay Area. The case began with a residential burglary in Cupertino and led to the recovery of two luxury vehicles, hundreds of stolen personal documents, and the return of sentimental jewelry to the […]
PALO ALTO — xLight, a company building the world’s most powerful lasers, has closed an oversubscribed $40 million Series B equity raise. The round was led by Playground Global, an early-stage venture capital firm investing in entrepreneurs who have developed breakthroughs in frontier technologies, and joined by Boardman Bay Capital Management, a leading investment manager […]
SAN JOSE — PayPal has unveiled a series of global partnerships that will connect many of the world’s largest payment systems and digital wallets on a single platform, starting with interoperability with PayPal and Venmo. Together, the launch partners represent nearly two billion users globally. The announcement outlines the vision for PayPal World and how […]
SACRAMENTO – California’s housing market continues to face headwinds as lingering tariff wars, ongoing economic uncertainty, and elevated mortgage interest rates undermined buyer confidence and dampened homebuyer demand in May, according to the California Association of Realtors. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 254,190 […]
Apple plans to invest $500 million with MP Materials, the only fully integrated rare earth producer in the United States. With this multiyear deal, Apple is committed to buying American-made rare earth magnets developed at MP Materials’ flagship Independence facility in Fort Worth, TX. The two companies will also work together to establish a cutting-edge […]
SAN FRANCISCO — Cascade Space, a platform for end-to-end communication system design, test, and operation, has raised $5.9 million in seed funding. The round included participation from Nova Threshold, Undeterred Capital, Y Combinator, Night Capital, Olive Capital, Valkyrie Ventures, Karman Ventures, Palm Drive Capital, Garage Capital, TRAC, Aurelia Foundry, Hawktail, MGV.VC, Pioneer Fund, Liquid 2 […]
According to the UBS World Wealth Report, the United States hosts the largest number of millionaires (in U.S. dollars) in the world by far – more than Western Europe and Greater China combined. There were 23,831,000 millionaires in the U.S. in 2024 or 39.7% of the world’s wealth. The U.S. is adding 1,000 new millionaires […]
CUPERTINO — Apple is introducing a new subscription service called AppleCare One, a new way for customers to cover multiple Apple products with one simple plan. For just $19.99 per month, customers can protect up to three products in one plan, with the option to add more at any time for $5.99 per month for […]
Zip, which operates an agentic procurement orchestration platform, celebrated its fifth anniversary by unveiling expanded offices in San Francisco and New York to accommodate rapid workforce growth driven by unprecedented enterprise adoption. The company has grown from 250 to over 500 employees in the past year alone while securing Global 2000 customers across every major […]
SAN FRANCISCO — Vanta, an AI-powered trust management platform, today has raised a $150 million Series D funding round at a $4.15 billion valuation. The round was led by new investor Wellington Management, and included existing investors, Growth Equity at Goldman Sachs Alternatives, Sequoia, J.P. Morgan, Craft Ventures, Y Combinator, Atlassian Ventures and CrowdStrike Ventures. […]