Service by Medallion Wins Top Workplaces to Work Award

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- The award recognizes companies that provide "the best and most rewarding work environments for their employees" Service by Medallion, one of the largest contract cleaning and workplace services companies in California, has been named one of the Top Workplaces

Google puts up $1 billion to ease housing headaches it helped cause

The pledge announced Tuesday by Google CEO Sundar Pichai consists of a $250 million investment fund and $750 million of company-owned land.While Google has been expanding, so have a wide variety of other technology companies, including Apple, Facebook, Oracle, Salesforce, and Netflix — all of wh

Google invests $1B to ease San Francisco housing crisis

Google plans to assist with the growing San Francisco Bay Area housing crisis.CEO Sundar Pichai announced the tech giant is investing one billion dollars into housing for the area.Google also pledged to add 20,000 homes to the region over the next ten years.Yahoo Finance's Adam Shapiro a

Activists see Google's $1 billion Bay Area housing pledge as 'big win' amid affordability crisis

Advocates who have pressured Google and the tech industry, in general, offered cautious praise, while local politicians said the announcement was a strong first step.The dramatic expansion of tech giants like Google, Facebook, and Apple in California, encompassing San Francisco, San Jose, as wel

Google's $1 Billion Housing Pledge Is All About the Land

Weeks later, the Partnership for the Bay’s Future, a consortium of Bay Area philanthropists that includes Facebook CEO Mark Zuckerberg, announced a $500 million donation to preserve and produce more affordable housing in their region.The growth of the tech industry has put a high premium on avai

Google vows US$1bn for housing crisis

Google had previously invested in housing in areas where it has operations, Pichai said.“We hope this plays a role in addressing the chronic shortage of affordable housing options for long-time middle and low-income residents.” Google also pledged a US$250 million investment fund providing i

Can $1 Billion From Google Really Solve the Housing Crisis in the Bay Area?

Google will also establish a $250 million investment fund, which it says will be used to help finance the development of 5,000 units of affordable housing—typically housing units with restricted rents reserved for people earning at or below an area's median income.The rest of the money will have

Google puts up $1 billion to ease housing headaches it helped cause

SAN FRANCISCO (AP) — Google is pouring $1 billion into easing the high-priced housing headaches that it and its Silicon Valley peers helped give the San Francisco Bay Area.The pledge announced Tuesday by Google CEO Sundar Pichai consists of a ...

Google invests $1 billion in housing across Bay Area

Earlier this week, as part of its plan to invest $13 billion in building new data centres and offices in over a dozen states in the US this year, the company invested $600 million in Pryor, Oklahoma.After announcing a fresh investment of $600 million in expanding its data centre in Oklahoma, Goo

Google Said It Will Invest $1 Billion in San Francisco Bay Area Housing to Help With Housing Crisis

Alphabet's Google on Tuesday announced an additional $1 billion investment in housing across the San Francisco Bay Area.

Californians agree: Don't build in wildfire-prone areas

Thirty-four percent of those surveyed thought offering subsidies for low- or middle-income homebuyers was a solution, while 24 percent agreed building new housing along transit lines in urban areas was a good idea.Even in the conservative, rural areas of Northern California and the Central Valle

Real Time Economics: US-China Tensions Spread Across the Economy

U.S. inflation numbers are out today, Chinese money is suddenly toxic in Silicon Valley, and students in Jersey City are getting a chance to earn free college and a $70,000 a year job.

AC Hotel heads to Santa Clara this year

In March, a New York-based investment group paid $95.4 million for the 210-room AC Hotel San Jose, which opened in early 2017 in downtown San Jose.

Legal marijuana? California lawmaker tells Apple CEO there should be an app for that

“You and your team have the opportunity to support the will of California’s voters and reinforce the values of openness, inclusion and diversity that Apple is known for.” California voters in 2016 voted to legalize recreational cannabis.Apple’s app store bans “’facilitating the sale of marijuan

Cloud startup MapR says it may cut 122 jobs and close its Silicon Valley headquarters as it pursues 'a strategic ...

MapR said it has "received more than one letter of intent from interested parties, and today is engaging in the due diligence process in a transaction which, if consummated, may eliminate the need to close the Santa Clara site."Founded in 2009, MapR emerged as a leading cloud platform that enabl

Software company MapR, once worth more than $1 billion, to lay off 122

“In fact, MapR received more than one letter of intent from interested parties, and today is engaging in the due diligence process in a transaction which, if consummated, may eliminate the need to close the Santa Clara site.” The company said it filed the WARN notice as a precaution because of the u

Greenberg Traurig Nabs Alston & Bird IP Atty In Silicon Valley

Brandwajn told Law360 on Wednesday that he made the move because he saw an opportunity to better serve his clients at his new firm, which has a global platform.“Greenberg Traurig’s position of leadership in intellectual property litigation will benefit my clients immensely,” Brandwajn said....Yo

A Silicon Valley fintech is looking to supercharge access to financial data for UK startups

Now the San Francisco-based company is rolling out its services in the UK, Europe’s hub for fintech startups.It provides a kind of connective tissue between financial companies, linking firms like PayPal-owned payment service Venmo with consumer bank accounts, and says its software is integrated

'Government 2.0': US startup accelerator seeks companies to help where policy falls short

“It’s so much more exciting to invest in a company that’s financially going to do well, but will also make their community a better place,” Seibel said.Some of the companies Y Combinator has invested in include AirBnB, Stripe, DropBox, Instacart and DoorDash.The company stressed in a news re

Silicon Valley Real Estate Is So Expensive that Some People Are Living in RVs

“Preventing parking and throwing more people out of our community is unconscionable.According to a report by Bloomberg News, the Mountain View Police Department now spends much of its time asking van dwellers to move their vehicles (and homes) out of the town that is home to Google’s headquarter

Two years after angry Silicon Valley locals chanted 'build a wall' to keep the homeless out, the city is reportedly ...

One person interviewed is a security guard at Google who didn't want to spend almost her entire paycheck on the $2,500 per month it would cost to rent an apartment.Google specifically has donated millions towards homelessness initiatives in the Mountain View area, according to Bloomberg, includi

ACORE Lends $314M in Silicon Valley Office Deal

“They’re all looking for larger floor plates.” To that end, the new buildings, planned for three or four stories each, will emphasize contiguous and flexible office space, as per Jeffers.The plan is to tear down two of the present office buildings and build as many as three new ones, creating a

Pegasus Tech Ventures Officially Launches

Pegasus Tech Ventures, a San Francisco, CA-based global venture capital firm, is launching officially.The team of over 90 dedicated individuals in offices around the world with extensive experience in technology investing, entrepreneurship, business operations, strategic development and corporat

Why Lyft Stock Lost 24% Last Month

For the earnings report, analysts see Lyft's revenue clocking in at $740.2 million and expect a loss per share of $1.81.In fact, that day the stock closed down 9% from its opening price and gave up another 10% on April 1, as investor enthusiasm waned and analysts began initiating coverage on the

Uber isn't public yet, but it's already nabbed a bullish analyst call

At least two firms have initiated coverage of Uber UBER, +0.00%

Uber Could Be a New FAANG Stock, Writes Analyst

To find out more about why Jim Cramer and the AAP team like the stocks,Initiating coverage at "outperform," Wedbush's Dan Ives likened the ridehailing giant to Amazon (AMZN - Get Report) and Facebook (FB - Get Report) , writing that Uber "is paving a similar road to what Amazon did to transform

The Uber IPO Is a Moral Stain on Silicon Valley

And it pushed a frightening new picture of labor — one in which everyone is a contractor, toiling without protection, our hours and our lives ruled by uncaring algorithms in the cloud.All will be forgotten and forgiven — and Silicon Valley will move on to the next big idea to be squandered.I

Why Uber Won't Be the Next Amazon

It spent billions of dollars of investor money and operating revenue to expand its market share for those goods.That forces the firms to pile on incentives to stop drivers from deserting, kicking profits even further down the road.Unfortunately, many investors neglect to ask economists about

Opinion: Silicon Valley can solve California's technology woes

Gavin Newsom has rightly castigated the Department of Motor Vehicles for not being able to accept credit cards.Admittedly public agencies are subject to constraints that prevent them from embracing Mark Zuckerberg’s mantra of “move fast and break things,” but they should be able to achieve bette

Silicon Valley laser firm to open Derby office