Vir Biotechnology Slashes 25% Workforce Amid Restructuring Despite Positive Clinical Study in San Francisco
Vir Biotechnology is reducing its workforce by 25%, affecting 141 jobs, as it restructures and focuses on hepatitis research, despite reporting a $138 million loss but maintaining a $1.3 billion valuation.
SEC Charges IRL Founder Abraham Shafi with $170 Million Fraud Over Inflated User Growth Claims
The SEC has charged ex-CEO of IRL, Abraham Shafi, with conducting a $170 million fraud, misleading investors on user numbers and using funds for personal expenses.
Alphabet Eyes Record-Shattering $23 Billion Acquisition of Cybersecurity Titan Wiz Amid Antitrust Gaze
Alphabet is close to buying cybersecurity firm Wiz for around $23 billion, which could be its largest acquisition, amid increasing competition in cloud computing.
Waymo Secures Regulatory Approval to Expand Driverless Taxi Service in San Mateo County Amid Public Debate
Waymo secures California Public Utilities Commission approval to expand its driverless taxi service to San Mateo County, despite mixed opinions from the public and officials.
Elon Musk Accused by Tesla Shareholders of Conflicts of Interest and Resource Misappropriation
Tesla shareholders sue Elon Musk over alleged conflicts of interest and misallocation of resources to a competing AI company, and for purportedly profiting from insider information.
AI-Advancement from OpenAI Unleashes GPT-4o Amid Global AI Protests and Market Frenzy
OpenAI has launched GPT-4o amidst AI global protests, enhancing AI interactions with features like voice conversation and real-time responses. OpenAI plans to eventually offer it for free.
RSA Conference 2024 Ignites at San Francisco's Moscone Center, A Fusion of Cybersecurity Minds and Innovation
The RSA Conference 2024 began in San Francisco, with cybersecurity professionals gathering to share insights and Linda Gray Martin emphasizing the community's role in innovation.
Meta Waves $5,000 Carrot for Viral Threads Posts, Eyes Creator-Led Expansion in Silicon Valley
Meta launches a bonus program on Threads rewarding up to $5,000 for viral content, targeting original posts without third-party material, and requiring a minimum of 2,500 views.
San Francisco Tech Billionaire Jeff Lawson Takes the Helm of Satirical Giant The Onion, Urges $1 Donations
Tech billionaire Jeff Lawson acquires satirical site The Onion and pitches a humorous donation campaign, while its previous owner G/O Media sells to Global Tetrahedron.
Former SF District Attorney Suzy Loftus Spearheads TikTok's Fight Against US Ban and Election Disinformation
Suzy Loftus, former San Francisco DA, now leads TikTok's safety efforts amidst increasing US scrutiny and potential ban threats, focusing on data security and election integrity.
South San Francisco's Freenome Inc. Cuts 100 Jobs in Strategic Workforce Reduction
Freenome Inc. is reducing its workforce by 20%, impacting around 100 jobs, to align with strategic priorities amidst its development of early cancer detection tests.
Video Shows Waymo Robotaxis Go Awry, Disrupt San Francisco Highway Entrance Traffic
A fleet of Waymo autonomous taxis took a wrong turn in San Francisco, blocking a Highway 101 ramp and causing traffic issues that were resolved by Waymo's roadside team within 30 minutes.
Giant Leap for Astrophotography, SLAC Unveils Titan Camera to Unlock Cosmos' Secrets
SLAC completed the world's largest digital camera, a 3,200-megapixel device for Chile's Rubin Observatory, designed to advance cosmic knowledge and dark matter research.












