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Worst of times: The new administration canceled a grant for a high-speed rail corridor in Texas and initiated a federal review of California's decades-in-the-making high-speed rail connecting SanFrancisco and Los Angeles. Meanwhile, local electric trains have shaved 25 minutes off their 100-minute ride from SanFrancisco to San Jose.
Louis, a Missouri-based pension fund, filed the lawsuit against Intel on behalf of other investors in a SanFrancisco federal court on Wednesday. The Construction Laborers Pension Trust of Greater St. The proposed class action names Chief Executive Officer Pat Gelsinger and Chief Financial Officer David Zinsner as co-defendants.
.” SEE ALSO: The end of remote work doesn't work for women Before joining Yahoo in 2023, the graduate of SanFrancisco's Academy of Art University held leadership roles at Disney Interactive, Rodale, iWin, and News Corp., where she led the launch of the first mobile apps for Fox News and Fox Business.
SunTrain is a SanFrancisco-based company founded by green energy developer Christopher Smith, who now serves as the companys president and chief technology officer. A substation can also turn electricity generated from a power plant into a format that can be used by local homes and businesses.
Electric mobility startup Revel is officially shutting down its shared moped business in New York City and SanFrancisco, according to a company-wide email that CEO and co-founder Frank Reig sent Friday. SanFrancisco and New York were Revel’s last two moped sharing markets. TechCrunch has viewed the email.
Nigerian fintech Cleva, focused on creating a banking platform for African individuals and businesses to receive international payments by opening USD accounts, has raised $1.5 The round was led by 1984 Ventures, an early-stage venture capital firm based in SanFrancisco. million in pre-seed funding.
AppDirect, a SanFrancisco- and Montreal-based platform for buying, selling and managing tech through a network of IT advisors, has raised $100 million from CDPQ to expand its financing program for small- and medium-sized tech businesses.
Justin Da Rosa is a vice president with Battery Ventures in SanFrancisco. These businesses are fundamentally reimagining their product experience by owning the entire value chain , from end to end , thereby creating a step-functionally better experience for consumers. Keys to ascending the consumer-internet throne.
Flippa , an online marketplace to buy and sell online businesses and digital assets, announced its first venture-backed round, an $11 million Series A, as it sees over 600,000 monthly searches from investors looking to connect with business owners. Our strategy is verification at the source, i.e. data,” Hutchison said.
SF New Deal began with a vision of SanFrancisco as a world class city that provides an abundance of support, opportunity, dignity, respect, and appreciation for small businesses and neighbors in need. SF New Deal launched in March 2020 as a rapid response to the COVID pandemic in SanFrancisco.
In a significant blow to Google's mobile app business, a US federal judge has ordered the tech giant to make sweeping changes to its Android app store. The ruling, issued by US District Judge James Donato in SanFrancisco, comes as a result of a lawsuit filed by Epic Games, Read Entire Article
Oracle, founded in 1977, is one of the older Valley tech firms, and is a staple of the area; the SanFrancisco Giants play at Oracle Park, and the company’s Redwood City campus features its well-known cylindrical buildings. Greg Abbott heralded the news in a tweet, saying “Texas is truly the land of business, jobs, and opportunity.”.
Cash flow can make or break a small business; in fact, issues in this area account for 82% of small business failures , according to U.S. Brightflow AI is injecting technology into this problem with its forecast and analysis tools so that small businesses can assess their cash flow and make data-driven decisions in real time.
Mortgages may not be considered sexy, but they are a big business. The SanFrancisco-based startup’s SaaS (software-as-a-service) platform currently processes over $5 billion in mortgages and consumer loans per day, up from nearly $3 billion last July. million in 2019. Meanwhile, its net loss narrowed from $81.5 million in 2020.
The deal signals Reddit’s growing investment in its advertising business as it aims to make it easier for advertisers to target relevant audiences based on interests. Founded in 2016 by Kieran Seán Fitzpatrick, Virgilio Pigliucci and Andrea Vattani, SanFrancisco-based Spiketrap counts over 20 employees, according to its website.
A commercial airliner was on final approach to SanFranciscos international airport in November when the crew spotted a drone outside the cockpit window. By then it was too late to take evasive action, the pilots reported, and the quadcopter passed by their windshield, not 300 feet away.
While some businesses have slowly returned to the office, depending on where you live and what you do, many information workers remain at home. These smaller companies often don’t control entire skyscrapers, as Salesforce does in SanFrancisco.
It’s a vital question, and it’s why we’ve invited three investors — who we think know their stuff — to share their insight and advice on the TechCrunch+ stage at TechCrunch Disrupt on October 18-20 in SanFrancisco. TechCrunch Disrupt is back in person on October 18-20 i n SanFrancisco.
With less than two weeks to go until TechCrunch Disrupt 2023 kicks off in SanFrancisco, we’re here with a reminder that networking is job fun at Disrupt! Yes, networking is serious business, and with more than 10,000 attendees, you’ll find plenty of opportunities to build the connections that build your business.
But the demand is evidently strong enough to prop up the range of vendors out there; Stephenson claims that Deepgram’s gross margins are “in line with top-performing software businesses.” “Deepgram’s business continues to grow rapidly.
The company operates a fleet of 16-seat Embrear 135 regional jets and 13-seat Legacy 600 planes (the business version of the Embrear 145) and unlike most of its competitors in this space, the company focuses exclusively on the leisure market. A typical one-way trip from SanFrancisco to Los Cabos will set you back about $2,300.
With over 1,000 sessions you can curate by your industry, role, and interest, you won’t want to miss the annual event, scheduled for September 20-22 in SanFrancisco. If you can’t make it to SanFrancisco this year, don’t worry! Achieve Business Value with Automation . How to Automate Any Business Process .
We allow businesses to increase user acquisition, reduce onboarding dropoff, provide 360 customer support and even sell their services, with minimum tech requirements from their end,” said co-founder and Maite Muniz , who serves as the startup’s chief product officer and is a former McKinsey consultant.
In the early 2000s, most business-critical software was hosted on privately run data centers. DevOps fueled this shift to the cloud, as it gave decision-makers a sense of control over business-critical applications hosted outside their own data centers.
.” Color’s 2020 was a record year for the company, thanks in part to partnerships like the one it formed with SanFrancisco to establish testing for healthcare workers and residents.
Uber and Lyft are under increasing pressure to fundamentally alter their business models in California, the state where both companies were founded and ultimately prospered. To state the obvious, drivers are central, not tangential, to Uber and Lyft’s entire ride-hailing business.”.
Your chance to apply to lead a session at TechCrunch Disrupt on September 19–21 in SanFrancisco ends on Friday April 21 at 11:59pm PT. It’s your opportunity to help startup founders, builders and entrepreneurs up their game and drive their business forward — and pump up your street cred as a valued thought leader.
billion each to tackle similar issues plaguing the SanFrancisco Bay Area. The pledge also includes $125 million in cash grants to small businesses, nonprofits, and minority-led organizations, with the goal of helping them “build a more inclusive solution to the affordable housing crisis.”.
As pointed out by the Wall Street Journal , notably busy airports like Chicago O’Hare, Orlando International, Los Angeles International, and Dallas / Fort Worth International are included on the list, along with airports in locations that are often impacted by foggy conditions, such as Seattle / Tacoma International and SanFrancisco International.
Side , a real estate technology company that works to turn agents and independent brokerages into boutique brands and businesses, has raised “$50 million-plus” in a funding round that doubles its valuation to $2 billion. The goal is to help partner agents “predictably grow” their businesses and improve their productivity.
OpenAI, the SanFrancisco-based lab behind AI systems like GPT-3 and DALL-E 2, today launched a new program to provide early-stage AI startups with capital and access to OpenAI tech and resources. Google Brain founder Andrew Ng heads up the AI Fund , a $175 million tranche to initiate new AI-centered businesses and companies.
Urmson led the former Google self-driving project before it spun out to become the Alphabet business Waymo. It’s not clear if all Uber ATG employees will be folded into Aurora, which has 600-person workforce and operations in SanFrancisco Bay Area, Pittsburgh, Texas and Bozeman, Montana.
So that business is really getting going.” Cruise is betting that its work in SanFrancisco, where it has a robotaxi service that operates in certain areas of the city between 10 p.m. The company closed out the second quarter of 2022 with $25 million after launching its commercial service in SanFrancisco.
Intel Foundry Services is a “standalone foundry business unit,” and it will develop x86, Arm, and RISC-V core chips for external clients using Intel’s manufacturing technology. And crucially for government work, Intel’s foundries will be located in the US and Europe, a benefit that competitors like TSMC don’t have.
Vendease , an online marketplace that allows restaurants and other food businesses to buy supplies straight from manufacturers and farms, has raised a seed round of $3.2 SanFrancisco-based venture capital firm Global Founders Capital led the seed round. million, the company confirmed to TechCrunch. Image Credits: Vendease.
Being in the business of convincing people that they deserve a vacation is hard. Being in the business of convincing people that they can co-own a vacation house and enjoy it at the same time can be deceptively harder. NextView Ventures’ new $200 million fund comes with a slice of SanFrancisco . The do-it-all’s.
Greenoaks Capital and TCV co-led the financing, which brings the three-year-old SanFrancisco startup’s total raised to $1.2 Anand has been named the company’s chief product officer after having led Meta’s business products group, which served more than 200 million businesses globally. Image Credits: Brex.
I spent my days meeting with new companies that were willing to come to my favorite coffee shop on Hollywood Road in Hong Kong, though they were not the businesses I was most excited about or thought were most likely to go on to be massively successful. I knew I had to stop doing what was easy and start looking beyond Hong Kong for deal flow.
Signed, Sleepless in SanFrancisco. All too often, I see folks rush in and merge those duplicates – only to realize six months later that their business processes are creating a lot of the mess. You might want to plan on some re-training to be sure the team is supported in these business process changes.
Now apply that same theory to TechCrunch Disrupt 2023 , and you can save a bundle when you take your team, your clients or your star startups to SanFrancisco in September. Enhance your trip to SanFrancisco at After-Hours Events happening during Disrupt week throughout the city. Not a member? Subscribe here.
Why should you go to TechCrunch Disrupt 2023 in SanFrancisco on September 19–21? We could hit double digits, but we’ll stop at five because you’re busy people with unicorns to chase. Start with our event app — it lets you find and schedule meetings with people who share your business goals. Let us count the reasons.
Tech leaders, startup gurus, marketing mavens and hotshot VCs — don’t miss this call for content and your chance to share your expertise at TechCrunch Disrupt 2023 , taking place September 19–21 in SanFrancisco. Buy your Disrupt pass , and join us in SanFrancisco! Show us what you know! Do you have what it takes?
waitlist, and that post pandemic Monzo will choose SanFrancisco for its U.S. First reported by Sky’s Mark Kleinman via a tweet (yes, really) and with additional details sourced by Business Insider, the challenger bank is closing a further £50 million, thought to be on the same terms as its recent Series G funding.
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