Adobe will pay $12 a share to buy Semrush in an all‑cash deal worth about $1.9 billion, folding SEO and GEO tools into its Experience Cloud. The companies expect to close in H1 2026 pending approvals.

Synopsys will lay off about 10% of its workforce by fiscal 2026, following its $35 billion Ansys acquisition and muted revenue. The layoffs are part of a strategy to focus on growth areas and improve business efficiency.

IBM and Infineon are laying off over 100 tech workers in the Bay Area, adding to the region's tech job cuts. IBM's layoffs are part of a global workforce reduction, which could result in around 2,700 jobs lost worldwide.

Nvidia reaches a $5 trillion market value, driven by AI demand and robust stock market performance, outstripping major economies' GDPs and making significant industry investments.

Meta is laying off 318 employees in Menlo Park as part of a broader reduction strategy, reorganizing to focus on advanced AI projects amidst a challenging economic period for tech companies.

Alector Inc. cuts its workforce by nearly 50% following the failure of its dementia drug trial, signalling challenges in the biotech sector and the drug development process.

Netflix shares dropped 6% due to an earnings miss caused by a Brazilian tax dispute, ending its profit streak, with $2.5 billion in profit and $11.5 billion in revenue for the quarter.

San Jose's Voyager Craft Coffee is going cashless after frequent break-ins to increase the safety of staff and customers and adapt to digital payment trends.

Spirit Airlines will end service at Oakland and San Jose airports as part of a nationwide retrenchment. United Airlines is adding flights to fill the gap left by Spirit's departure.

The U.S. DOJ secured a partial antitrust victory against Google, mandating it to end its exclusivity deals and share search data with rivals, but not forcing the sale of Chrome.

Northrop Grumman is closing its San Jose facility, affecting 78 jobs, due to program winddown and consolidation efforts. Despite overall growth, the company aims to reassign affected staff to other roles within the company.

Half Moon Bay's Dad's Luncheonette was temporarily closed due to a burglary that resulted in significant damage. Repair and the future of the restaurant are uncertain.

A report shows an 8.3% job increase in downtown San Jose, contrasting with broader Bay Area tech layoffs. Despite high office vacancies, pedestrian traffic is up by 7%.