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Disney chief Bob Iger resigns from Apple's board as the two companies prepare competing streaming services

Bob Iger, chairman and CEO of The Walt Disney Co, has resigned from the board of directors of Apple Inc. The news came via a one-line filing with the Securities and Exchange Commission that indicate…
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San Jose developers tie double-digit construction cost increase to labor shortage

The CEO of one of the biggest construction companies in Silicon Valley has seen his company's labor and material costs increase by almost 20 percent since last November, mainly driven by a labor shor…
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RIP MoviePass: Theater subscription startup shuts down, explores sale

The company is shutting down the service on Saturday, Sept. 14.
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How Adobe's 'game changing' purchase of Omniture 10 years ago became an inflection point for the company

“It was a game-changing acquisition for Adobe. It really put more fuel in the tank from a growth and product perspective,” an analyst tells the Business Journal.
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The Funded: 3 IPOs, more than $1.5B in Bay Area funding deals at week's end

Three successful IPOs and more than $1.5 billion in fundraising tops the Bay Area's venture news at the end of the week. Here are the details: Funding • Affirm Inc., San Francisco, up to $1.5 bill…
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After record IPO, Bay Area biotech CEO targets growth — and sleep

Unlike most biotech IPOs, 10X Genomics already has nine-figure revenue, and CEO Serge Saxonov says thee's more to come.
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Fast growing Bay Area data startup wrangles $100M in funding

Data-wrangling cloud service Trifacta Inc. raised a $100 million funding round, as its user growth soared three times higher and its revenue doubled in the past year, the company said Thursday. The …
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Here's how NEA became the biggest winner in the Cloudflare IPO

New Enterprise Associates appears to be sitting pretty with around a $1 billion stake in Cloudflare Inc. after the company's soaring Wall Street debut on Friday. It all started with a pile of sandwic…
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Cloudflare tops boosted IPO targets with $525M IPO

Cloudflare Inc. rang the opening bell on the New York Stock Exchange Friday morning after raising $525 million in an offering that gave it an initial market cap of $4.4 billion. The San Francisco co…
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Santa Clara anti-fraud business is Silicon Valley's newest unicorn

The company, which recently moved to larger headquarters in Santa Clara, plans to use its new funds for hiring and growth.
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San Jose backyard apartment loan idea isn't being killed, city housing official says

The wording of the supplemental memo that resulted in the loan program being removed from Tuesday’s agenda made it appear that the loan program might be killed.
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How Bloom Energy’s power-generating boxes work

They freeze the San Jose Sharks’ hockey rink, keep Home Depots open in New York State when Con Ed goes dark, and power data centers in Santa Clara, Utah and North Carolina.
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Bloom or bust: Are this Silicon Valley company's dreams of clean power fading?

Innovation is hard — and as Bloom Energy has found, it's even harder when changing regulations and impatient investors are wreaking havoc on your company’s stock.
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Symantec lays off hundreds in California, including at Mountain View HQ, amid buyout talks

The Mountain View layoffs include workers in administrative services, IT, engineering, corporate responsibility, sales operations, brand management, finance, global staffing, investor relations, lega…
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Palo Alto startup scores $31M as it works on third self-driving vehicle

Voyage Auto Inc., the self-driving vehicle startup that spun out of Udacity two years ago, has raised $32 million in new funding as it works on the third iteration of its robotaxis. The Palo Alto co…
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