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...
UPDATE BELOW: “A million Americans lost their lives and the rest of us lost our liberties.” This assertion is from the candidate statement of Dr. Richard Fox, a physician and attorney, who recently ran for Congress in Santa Clara’s District...
Stanford University’s system for students anonymously reporting alleged bias incidents is under attack by some of the school’s professors. Two professors at the elite school told the California Globe that the system threatens free speech and is reminiscent of McCarthyism...
Governor Gavin Newsom and Tesla CEO Elon Musk in a joint announcement Wednesday said that Tesla would be moving their Global Engineering and AI Headquarters back to Palo Alto only 15 months after having the Headquarters officially move to Austin,...
Cloud Communications software maker Twilio announced on Monday that 17% of their workforce, or roughly 1,500 workers, will be laid off. The layoff, along with the 20% job cut, or almost 1,700 workers, at Yahoo announced during the weekend, became...
Another round of layoffs at Silicon Valley tech companies happened on Tuesday, with companies such as PayPal and NetApp eliminating several thousand more positions across the Bay Area. Beginning in October of last year, tens of thousands of jobs in...
According to a new report by investment bank Goldman Sachs, both the San Diego and San Jose housing markets are likely to see massive declines housing prices this year, with 25% decreases predicted and prices likely to be similar to...