Tech startup lender Silicon Valley Bank collapses, triggering U.S. economic fears
The 16th largest bank in the U.S. and one of the key lending partners to countless Bay Area tech startups has failed. Silicon Valley Bank, which is responsible for $210 billion in assets, collapsed on Friday, sending shockwaves across the U.S. economy. It is being reported as the biggest banking collapse since the fall of Washington Mutual in 2008.
San Francisco Marina
Former Mission restaurant Las Mestizas now serving Yucatecan specialties at new Marina location
There’s a new Mexican restaurant in the Marina that features breakfast, lunch, and dinner dishes traditional to the Yucatan Peninsula. Las Mestizas has taken over the space formerly occupied by Sushi In at 2280 Chestnut Street.
Doppio Zero owners open Spanish tapas restaurant Vida Tapas in Mountain View
A chic new Spanish tapas restaurant has opened in Silicon Valley. Vida Tapas has now started serving customers in downtown Mountain View, taking over the space formerly occupied by Xanh Vietnamese at 110 Castro Street.
San Francisco Embarcadero Financial District
Mexican spot near the Embarcadero promises to show some love to breakfast
A new Mexican restaurant, Xica, that spotlights tasty breakfast options is about to open in San Francisco’s Financial District, which brings its owners back to their restaurant roots in the neighborhood.
San Francisco Mission Bay
SF Beer Week gears up for kickoff as new Ballast Point taproom in Mission Bay gets set to open
During this year’s San Francisco Beer Week, if you’re looking to break away from all the craft taprooms you’ve already visited, there will be a new brew spot to check out with a familiar name for beer lovers.
China-based developer behind scandal-linked SF project is causing housing development headaches at three sites in San Jose
A real estate firm based in China is causing some major frustrations in San Jose because of a lack of action on a few major development projects. The drama comes after a top executive for Z&L Properties was arrested in London over a bribery and corruption case in San Francisco.