Okta Slashes 7% of Workforce, 400 Jobs Cut in Tech Sector Turbulence
Okta, Inc. is laying off 7% of its workforce, about 400 employees, to cut costs and enhance profitability. The CEO cited high costs and the layoffs coincide with the tech industry's trend of job cuts. Okta's shares rose post-announcement.
Capitol Grilling, Social Media CEOs in the Hot Seat Over Child Safety Failures
U.S. Senators critiqued social media CEOs for failing to protect children online, with heated exchanges and calls for legislative action during a Judiciary Committee hearing.
Bandwidth IG Expands Silicon Valley Presence with Over 310 Miles of New Fiber Infrastructure
Bandwidth IG expands its fiber network in the San Francisco Bay Area, adding over 310 route miles to support data center growth, including a new marine cable for improved connectivity.
Elon Musk Seeks Bigger Stake at Tesla for AI and Robotics Leadership, Aiming for 25% Voting Control
Elon Musk seeks to increase his stake in Tesla to 25% for more voting control, particularly to influence its AI and robotics ventures, while awaiting a trial verdict on his past compensation.
Port of Oakland and Parsons Unveil New 'FITS' Tech to Revolutionize Cargo Efficiency and Security
The Port of Oakland has launched the advanced FITS, designed by Parsons Corporation to improve the efficiency and security of cargo movements, with a focus on real-time data, artificial intelligence, and ongoing system maintenance.
Bay Area on Brink of Breakthrough, Quantum Tech Set to Shake Up Seismic Safety
A company, Q CTRL, is developing quantum sensing technology for early earthquake detection in the Bay Area, potentially offering earlier warnings than traditional methods.
Mountain View Firefighters Go High-Tech, Nab BEST System to Quench EV Blazes
The Mountain View Fire Department in California has introduced a new system, BEST, to efficiently combat electric vehicle battery fires, reducing water usage and on-scene time for firefighters.
Google Coughs Up $700M in Mega Settlement Over Android App Monopoly Claims
Google agrees to a $700 million settlement over claims of monopolizing the Android app market, with automatic consumer refunds and changes to allow alternative app stores and billing systems.












