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Category: Technology

Local Politics Technology World

Here’s What You Need to Know About Silicon Valley Bank Collapse

March 14, 2023March 14, 2023 Samantha Bauer

Two large banks that cater to the tech industry have collapsed after a bank run, government agencies are taking emergency measures to backstop the financial system, and President Joe Biden is

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Lifestyle Local Politics Technology

Meta plans to fire thousands more this week

March 7, 2023 Bibiam Beyene

Meta Platforms Inc., the owner of Facebook and Instagram, is planning a fresh round of layoffs and will cut thousands of employees as soon as this week, according to people

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Lifestyle Technology

Meta launches subscription service for Facebook and Instagram

February 19, 2023February 20, 2023 Manuel Falomir

Facebook parent company Meta Platforms Inc. is launching a subscription service called Meta Verified that will include a handful of additional perks and features, including account verification badges for those

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Lifestyle Politics Technology

Google plans to cut more than 1,000 Bay Area jobs

January 24, 2023 Manuel Falomir

Google has sketched out plans to cut well over 1,600 jobs in the Bay Area, staffing reductions that are a fresh reminder that the pain from local tech layoffs has

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Lifestyle Local Politics Technology

Tweets About Taking Tesla Private Weren’t Fraud: Elon Musk

January 24, 2023 Samantha Bauer

Elon Musk returned to federal court Monday in San Francisco, testifying that he believed he had locked up financial backing to take Tesla private during 2018 meetings with representatives from Saudi Arabia’s

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Lifestyle Local Politics Technology

Amazon cuts hundreds more Bay Area jobs

January 23, 2023 Bibiam Beyene

Amazon has disclosed plans to chop hundreds more Bay Area jobs in what would be a fresh wave of cutbacks, a forbidding sign that tech layoffs might have yet to

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Local Politics Technology

Silicon Valley Tech Titans Continue Firing Thousands

January 20, 2023 Manuel Falomir

Microsoft, Amazon, Salesforce, Google and Facebook are just some of the tech titans that have laid off thousands of employees in the past few months and the fear is those cuts will

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Lifestyle Local Science Technology

Warming to Make California Downpours Even Wetter, Study Says

January 19, 2023January 20, 2023 Jonathan Franco

As damaging as it was for more than 32 trillion gallons of rain and snow to fall on California since Christmas, a worst-case global warming scenario could juice up similar

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Local Politics Technology

Amazon plans to cut more than 18,000 jobs

January 5, 2023 Alex Francis

Amazon says it plans to lay off more than 18,000 employees. Several units will be affected, including Amazon Stores and its human resources department, according to a statement from CEO Andy Jassy.

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Politics Technology

FTX Founder Faces Arraignment in New York

January 3, 2023 Alex Francis

FTX founder Sam Bankman-Fried will be arraigned in a Manhattan federal court Tuesday on charges that he cheated investors and looted customer deposits on his cryptocurrency trading platform. Bankman-Fried, 30,

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