Seagate Technology Set to Acquire Intevac in $119 Million Deal, Bolstering Data Storage Capabilities
Seagate Technology is set to acquire Intevac Inc. for around $119 million, or $4 per share, with added dividends making the total per-share value $4.102. The deal is supported by major Intevac shareholders and expected to complete by early April.
Netflix Hikes Subscription Prices Amid Surge in Subscribers and Exclusive Content Success
Netflix has announced price increases for its subscription plans, with the Standard plan rising to $17.99 and the Premium to $24.99. This follows a surge in subscribers and successful original content and live sports streaming.
Bay Area's Books Inc. Seeks Renewal Through Chapter 11 Bankruptcy, Closes Berkeley Store Amid Reorganization Efforts
Books Inc., a long-standing Bay Area bookstore chain, has filed for Chapter 11 bankruptcy and closed its Berkeley location to reorganize for a sustainable future, and has asked for community support.
Bloomingdale's to Bid Farewell to Flagship Store at San Francisco's Westfield Centre
Bloomingdale's is closing its San Francisco flagship store, reflecting Macy's retail cutbacks. While the city's mayor remains optimistic about the future, the closure adds to the Westfield San Francisco Centre mall's challenges.
Kohl's Confirms Closure of 27 Stores Nationwide, Including Five in Bay Area, Amid Business Restructuring
Kohl's is closing 27 stores, including 5 in the Bay Area, amid strategic real estate reevaluation, despite challenges reflected in its stock drop and layoffs at locations like Pleasanton.
Silicon Valley & San Francisco Capture Over Half of Global VC Funds - A Record $90 Billion, as AI Sector Booms
Silicon Valley startups captured over 50% of global VC funding in 2024, totaling $90 billion of the $178 billion invested, driven by its robust AI industry.
San Francisco to See Closure of Twelve Walgreens Stores Amid Rising Costs and Regulatory Pressures
Walgreens confirms closing 12 San Francisco stores due to operational costs, affecting several neighborhoods. The company cites regulatory and reimbursement pressures and plans to close 1,200 stores nationally for better earnings.












