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Bloomberg @ Silicon Valley · 10/24/2025 12:16 EDT

Intel rallies after forecast signals a comeback Is underway

Intel Corp. shares jumped after the chipmaker returned to profitability and gave an upbeat revenue forecast, suggesting that it's making progress on a long and challenging comeback attempt. Read more ›

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Silicon Valley
Bay Area News Group @ Silicon Valley · 10/24/2025 11:38 EDT

The Bay Area donors that are helping pay for $300 million White House ballroom

Trump has said the ballroom will be paid for by himself and donors, with no taxpayer money being used. Read more ›

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Silicon Valley
Bloomberg @ Silicon Valley · 10/24/2025 11:14 EDT

Applied Materials to cut more than 1,400 jobs after sales slow

Earlier this month, Applied Materials said an expansion of US export curbs to China would cost the company $600 million in lost revenue in fiscal 2026. Read more ›

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Silicon Valley
Bloomberg @ Silicon Valley · 10/24/2025 11:13 EDT

PG&E CEO sees no credit upgrades until California fire season ends

While PG&E Corp. was upgraded by one of the major ratings firms last month, California’s biggest utility doesn’t expect others to follow suit until after wildfire season.  Read more ›

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Silicon Valley
Associated Press @ Silicon Valley · 10/24/2025 09:41 EDT

Social Security cost-of-living increase announced for 2026

Friday’s announcement was meant to be made last week but was delayed because of the federal government shutdown. Read more ›

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Silicon Valley
Cnn Com Wire Service @ Silicon Valley · 10/24/2025 09:40 EDT

US inflation is back at 3%. That’s higher than normal but not out of control

The cost of living got even more expensive for Americans last month, with prices rising at the fastest pace since the start of the year. Read more ›

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Silicon Valley
Jon Lansner @ Silicon Valley · 10/24/2025 08:59 EDT

Poll: Housing industry is part of affordability problem

The results showed 44% of those polled saw residential development as raising prices vs. 24% seeing price declines. Read more ›

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Silicon Valley
Robert Salonga @ Silicon Valley · 10/24/2025 08:15 EDT

South Bay authorities announce bust of million-dollar retail theft, gift card schemes

The Santa Clara County Sheriff's Office and prosecutors say they've uncovered houses full of merchandise stolen from Home Depot, Target and other major retailers. Read more ›

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Silicon Valley
Ethan Baron @ Silicon Valley · 10/23/2025 20:27 EDT

Parents claim OpenAI weakened chatbot anti-suicide protections just before teen’s death

OpenAI's launch of its pioneering ChatGPT sparked a global AI craze that has sparked hundreds of billions of dollars in investments in Silicon Valley technology companies, and raised concerns it will be used for harms ranging from rampant unemployment to terrorism. Read more ›

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Silicon Valley
Bloomberg @ Silicon Valley · 10/23/2025 18:08 EDT

Rivian mobility spinoff readies $4,500 e-bike as first product

Also, the micromobility startup spun out of Rivian Automotive Inc., has unveiled its first consumer product: an electric bike that will cost up to $4,500. Read more ›

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Silicon Valley
Bloomberg @ Silicon Valley · 10/23/2025 18:08 EDT

Rivian cuts about 600 jobs in latest setback for EV maker

Rivian Automotive Inc. is cutting more than 600 jobs, or about 4.5% of its workforce, as the company contends with an unsteady market for electric vehicles in the US. Read more ›

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Silicon Valley
Cnn Com Wire Service @ Silicon Valley · 10/23/2025 17:25 EDT

Target to lay off about 1,000 workers ahead of holiday shopping season

The Minneapolis-based company has been been reeling from slumping sales and fierce blowback to its retreat on DEI programs. Read more ›

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Silicon Valley
George Avalos @ Silicon Valley · 10/23/2025 16:08 EDT

South Bay office market values plunged in 2024, report shows

The South Bay office market was the weakest of the region's major real estate categories during 2024. Read more ›

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Silicon Valley
Associated Press @ Silicon Valley · 10/23/2025 14:40 EDT

Trump pardons Binance founder Changpeng Zhao, high-profile cryptocurrency figure

President Donald Trump has pardoned Binance founder Changpeng Zhao, who created the world's largest cryptocurrency exchange and served prison time for failing to stop criminals from using the platform to move money connected to child sex abuse, drug trafficking and terrorism. Read more ›

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Silicon Valley
Bloomberg @ Silicon Valley · 10/23/2025 12:08 EDT

Intel faces high earnings bar as stock soars and cash pours in

Investors will be looking beyond the bottom line in chipmaker Intel Corp.'s third-quarter earnings after a wave of investments from the White House, Nvidia Corp. and Softbank Group Corp. sent the stock soaring 86% in less than three months. Read more ›

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Silicon Valley
Bloomberg @ Silicon Valley · 10/23/2025 12:07 EDT

Microsoft pushes Xbox division to hit higher profit margins

Microsoft Corp. is asking its Xbox gaming division to produce profit margins that are well above the industry average, ratcheting up pressure on its video-game makers during a difficult time for the field at large. Read more ›

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Silicon Valley
Bloomberg @ Silicon Valley · 10/23/2025 12:06 EDT

Musk hijacks Tesla earnings call to vouch for $1 trillion pay plan

Elon Musk, the world's richest person, spent the end of Tesla Inc.'s earnings call pleading with investors to approve his $1 trillion pay package and blasting the shareholder advisory firms that have come out against the proposal. Read more ›

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Silicon Valley
Bloomberg @ Silicon Valley 1 place · 10/23/2025 12:06 EDT

Amazon launches new AI shopping tool in US for the indecisive

Amazon.com Inc. is rolling out a new AI-powered tool that will recommend a specific product when shoppers are feeling overwhelmed with options. Read more ›

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Silicon Valley
Bloomberg @ Silicon Valley · 10/23/2025 12:06 EDT

Musk’s Tesla pay proposal should be rejected, DiNapoli says

The Tesla Inc. pay package for Elon Musk is overly generous and lacks clear performance metrics to justify the $1 trillion the world's richest person could earn under the automaker's proposal, New York State Comptroller Thomas DiNapoli said. Read more ›

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