OneDigital Snaps Up San Jose Firm in $1.4 Billion Bay Area Power Play
OneDigital bought San Jose’s Silicon Valley Retirement Services, adding roughly $1.4B in retirement assets and deepening its Bay Area retirement and plan-administration footprint.
Gilead Shells Out $7.8 Billion To Snag Redwood City’s Arcellx In Bay Area Biotech Power Play
Gilead agreed to buy Redwood City’s Arcellx for $115 a share plus a sales‑linked payout, consolidating the anito‑cel CAR‑T program under Kite. The FDA has set a Dec. 23, 2026 action date for the BLA.
Carbon Health Pulls Plug on Three South Bay Clinics as Chapter 11 Heat Rises
Carbon Health will close three South Bay clinics on Feb. 20 as it executes a Chapter 11 restructuring. Patients and most staff can transfer appointments or use virtual care.
San Jose Chipmaker Slashes 7% Of Staff As Sales Slide Bites
San Jose‑based Power Integrations trimmed about 7% of its global staff after Q4 revenue fell sequentially; the company expects a modest restructuring charge and a refocus on GaN and industrial markets.
SF AI Giant Databricks Stashes $7 Billion War Chest as It Braces for Tech Chill
Databricks pulled in roughly $7 billion in fresh capital, valuing the San Francisco company near $134 billion and giving it room to speed AI product work while delaying any IPO. The raise boosts employee liquidity options without forcing a public listing.
Sprouts Moves In As Ellis Village Becomes Tracy’s New Westside Hub
A 23,000‑square‑foot Sprouts will anchor the new Ellis Village Center in Tracy, bringing grocery choices, restaurants and more than 100 expected jobs when it opens in late 2026.
Instacart Brass In Hot Seat As Shareholder Probe Follows FTC Price Games
A securities law firm has opened an inquiry into Instacart’s officers after FTC enforcement and reports about AI price tests. The move raises fresh corporate‑oversight questions for the San Francisco company.
Amazon Axes 16,000 Office Jobs, Bay Area Squads Brace for Impact
Amazon will eliminate about 16,000 corporate roles and give most U.S. staff 90 days to seek internal positions. The cuts follow October layoffs and could touch Bay Area teams.












