Stripe, Advent Crash San Jose With Shock $53 Billion Bid For PayPal
Stripe and Advent reportedly offered $60.50 a share for PayPal, valuing the San Jose company at more than $53 billion. The bid lifts shares and would create a payments giant with heavy regulatory eyes on it.
East Palo Alto Dumps Last Auto Yard After Years Of Violations
The Planning Commission denied Infinity Salvage's permit after inspectors found leaks, hazardous battery storage and lingering fire damage, putting the decades‑old yard on track to close.
Brisbane Fixture LeeMAH Shutters Plant, 212 Workers Get Pink Slips
LeeMAH Electronics will close its Brisbane plant and lay off 212 workers, including the company president, with layoffs set to begin in September. The move follows an earlier Texas closure.
Bay Area Fire Fears Put E‑Bike Battery Makers On The Hook
SB 501 would make makers pay to collect and recycle mid‑size lithium packs used in e‑bikes, tools and power stations, shifting costs off local governments. The bill has cleared the Senate and is moving through the Assembly.
San Jose Lotto Spot Spits Out $1 Million Powerball Ticket, Jackpot Still on Ice
Wednesday’s Powerball draw produced numbers 2-6-26-39-68 (Powerball 6) and a California ticket matching the five white balls is worth $1M; local reports say it was sold in San Jose.
Palo Alto Networks’ AI Misfire Triggers Cyber Dust-Up at Home
A webinar startup says Koi Security’s December report wrongly tied its domains to a Chinese hacking operation, and Palo Alto Networks — which acquired Koi — is now a defendant.
Peninsula Biotech Moves In On Laid-Off Tech Talent
Venture cash and steady biotech postings give Peninsula life sciences room to hire, and local leaders say some laid‑off tech workers could land in labs. But space and skills gaps mean the shift will take time.












