Filing: Intel is laying off 5,000+ employees across California, Oregon, Texas, and Arizona; California cuts affect 1,935, more than double the initial estimates
new report says retreating operation could become a liability to the state Clare A. Fonstein / Silicon Valley Business Journal : Intel to lay off over 1,000 employees in California, with deepest cuts ...
Nvidia will replace Intel in the Dow Jones Industrial Average on November 8, after Amazon replaced Walgreens in February 2024; Intel joined the index in 1999
Intel's 25-year reign has come to an end Varsha Agarwal / DNA India : Nvidia to replace rival Intel in Dow Jones indices by November 8 Kara Greenberg / Investopedia : Nvidia To Take Intel's Place in t...
Employee letter: PayPal plans to lay off around 2,500 employees, or about 9% of its workforce, and will cut back on open roles
The following message was shared with PayPal employees today by President & CEO Alex Chriss: Michael Grothaus / Fast Company : Tech layoffs 2024: Grim January ends with job cuts at PayPal, Block, iRob...
Robinhood says the company paid ~$606M to repurchase shares held by an affiliate of Sam Bankman-Fried, set up via an agreement with the US Marshals Service
On August 30, 2023, Robinhood Markets, Inc. (the “Company") entered … Mike Millard / DL News : Ripple opposes SEC request to appeal judge's XRP ruling, HashKey fund to invest in altcoins CNBC : Robinh...
OpenAI, Microsoft, Meta, Google, Amazon, Anthropic, and Inflection make voluntary AI promises to the White House, like cybersecurity investment and watermarking
White House Pranav Dixit / Business Today : OpenAI, Google, Meta, Amazon and others pledge to watermark AI content for safety Ryan Morrison / Tech Monitor : White House secures AI safety commitment As...
Amazon plans to acquire primary health care provider One Medical, which offers in-person, digital, and virtual services, for about $3.9B in an all-cash deal
Amazon is buying One Medical, the so-called “Netflix of primary care,” for $3.9 billion. Ashley Belanger / Ars Technica : Amazon might own your doctor's office after latest acquisition Bloomberg : Ama...
Cloudflare acquires email protection startup Area 1 Security for $162M in cash and stock; Cloudflare's stock is down 55%+ from its November 2021 all-time high
This post is also available in Français and Español. Romain Dillet / TechCrunch : Cloudflare to acquire Area 1 Security, a startup that blocks phishing emails Cloudflare : Cloudflare to Acquire Area 1...
Nashville-based XSOLIS, which uses AI to improve healthcare operations and communication between hospitals and insurance companies, raises $75M
Joel Stinnett / Silicon Valley Business Journal : Tweets: @nashvillebiz Tweets: @nashvillebiz : Data analytics company Xsolis one of the largest capital raises in Nashville this year. https://www.biz...
The Pill Club, an online birth control prescription and delivery service, raises $41.9M as an extension to its $51M Series B from Jan. 2019, led by Base 10
Every day at The Pill Club, we focus on making women's healthcare … Mallory Hackett / MobiHealthNews : Birth control-focused startup The Pill Club scores $41.9M Cromwell Schubarth / Silicon Valley Bus...
Doximity, a LinkedIn for doctors, files for an IPO, and says it has allocated 15% of shares offered to doctors; Doximity's revenue grew 78% in 2020 to $206.9M
As filed with the Securities and Exchange Commission on May 28 … Perry Gold / Doximity Press Blog : Doximity, Inc. Files Registration Statement For Proposed Initial Public Offering Heather Landi / Fie...