Tag: Santa Clara
Silicon Valley Bank Ties to California First Partner Jennifer Newsom
Silicon Valley Bank was closed Friday by the California Department of Financial Protection and Innovation, with the FDIC in charge of liquidation. SVB was one of the largest banks in the country and one of the premier banks of Venture Capital...
State Regulators Shut Down Silicon Valley Bank
The California Department of Financial Protection and Innovation announced on Friday that the Silicon Valley Bank (SVB) would be shut down with the FDIC in charge of liquidation, officially ending one of the largest banks in the country and one...
Intel Announces 200 Layoffs Coming Continuing Mass Silicon Valley Tech Cutbacks
Mass tech layoffs that began in late October continued across Silicon Valley on Tuesday, with tech company Intel announcing 201 job layoffs in Santa Clara and Folsom. The trend of layoffs began just over a month ago when Twitter, shortly...
California’s Great America Theme Park To Close Within 10 Years Following $310 Million Land Sale
Amusement Park Company Cedar Fair announced on Tuesday that the California’s Great America theme park has sold the land that the park is on and will be closing within the next 10 years, likely trigging local, regional, and statewide political...
How Many California Counties Use ‘Glitchy’ Dominion Voting System?
Across the country, recounts and legal challenges to vote results from November 3, 2020 Presidential Election are taking place in Wisconsin, Michigan, Pennsylvania, Georgia, Nevada and Arizona. At issue in several states is the “glitchy” computer program in Michigan which...
Public Employee Strike Looms in Santa Clara County
With 2020 upon us, it appears likely that two unions representing Santa Clara County employees will be going on strike. Unless agreements can be reached, 3,000 members of the Registered Nurses Professional Association will strike, along with over 11,000 members of...