Cisco Systems Inc. is cutting 5% of its workforce, amounting to over 4,000 jobs, aiming to refocus on growth areas like cybersecurity amidst economic challenges.

Super Micro Computer has purchased the former Fry's Electronics site in San Jose for $80 million in cash, potentially transforming it into a tech hub.

Gilead Sciences is acquiring CymaBay Therapeutics for $4.3 billion, enhancing its liver disease portfolio with seladelpar, a drug for primary biliary cholangitis.

A Waymo self-driving car hit a bicyclist in San Francisco, raising safety questions regarding autonomous vehicles.

The Oversight Board allowed an edited Biden video on Facebook but urged Meta to revise its manipulated media policy, which it found incoherent and too focused on content creation rather than preventing harm.

Tesla, Inc. agrees to a $1.5 million settlement for claims of improper hazardous waste handling at its California facilities, according to San Francisco's District Attorney.

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.

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.

Waymo plans to expand its driverless taxi service to Los Angeles and parts of Santa Clara County despite San Francisco's legal challenge.

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 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.

OpenAI is forming a "Collective Alignment" team to develop democratic processes for governing AI systems, addressing issues like bias and misinformation.

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.