January 20, 2023    By: Tim Vi Tran,
Jan 18, 2023 Here’s the memo that Microsoft Corp. CEO Satya Nadella posted to explain why the software giant is cutting 10,000 jobs (Nasdaq:MSFT). “We’re living through times of significant change, and as I meet with customers and partners, a few things are clear. First, as we saw customers accelerate their digital spend during the pandemic, we’re […]
January 17, 2023    By: Tim Vi Tran,
By Sarah Klearman – Staff Reporter, San Francisco Business Times Jan 13, 2023 Even as the East Bay’s industrial market continues to boom, one key group of prospective tenants is taking a step back. Tenant requirements – the quantity of space being sought by prospective tenants in a given market — sank 36% in the […]
December 27, 2022    By: Tim Vi Tran,
By Andy Medici – Senior Reporter, The Playbook, Oct 25, 2022 The Employee Retention Credit could be very lucrative for small businesses, but it’s also become fertile ground for scams. That’s according to the Internal Revenue Service, which is warning business owners to scrutinize solicitations involving the ERC — noting businesses could be left holding the bag. “Businesses are […]
December 26, 2022    By: Tim Vi Tran,
By Olivia Peterkin – Digital Editor, Silicon Valley Business Journal Dec 22, 2022 Updated Dec 22, 2022, 3:24pm PST House values in the San Jose metro area fell faster than in any other major urban region in the country last month, according to a new report. The typical home in the region encompassing Santa Clara and San Benito counties saw […]
December 10, 2022    By: Tim Vi Tran,
By Cromwell Schubarth – TechFlash Editor, Silicon Valley Business Journal Dec 9, 2022 Updated Dec 9, 2022, 9:01am PST https://www.bizjournals.com/sanjose/news/2022/12/09/these-59-startups-emerged-in-the-great-recession.html?utm_source=st via @svbizjournal If you ask venture capitalists why they invest in startups in economically challenging times like these, you’ll hear a common refrain: Some of the most successful companies in the tech industry were formed or came of age in […]
December 4, 2022    By: Tim Vi Tran,
By Troy Wolverton – Managing Editor, Silicon Valley Business Journal Nov 30, 2022 Here are the projects the Council green lit: The Orchard Developers: Westbank, Urban Community Location: 409 and 425 S. 2nd St. at the corner of East San Salvador Street in the city’s SoFA district. Description: A 30-story, mixed use tower with 540 residences; 7,430 square feet of ground […]
November 11, 2022    By: Tim Vi Tran,
By Ashley Fahey – Editor, The National Observer: Real Estate Edition, Nov 9, 2022 Even with a rapidly cooling housing market, homeowners across the U.S. are sitting on near-record levels of equity. A recent analysis by Irvine, California-based Attom Data Solutions LLC found 48.5% of mortgaged residential properties nationally were considered equity-rich in the third quarter. A property […]
November 3, 2022    By: Tim Vi Tran,
By Ashley Fahey – Editor, The National Observer: Real Estate Edition, Nov 2, 2022 Updated Nov 2, 2022, 11:21am PDT Negative leverage in the commercial real estate market seen in the third quarter hasn’t reached similar levels since the 1980s. That’s according to an analysis by New York-based Moody’s Analytics Inc., which found the share of commercial mortgage-backed securities loans […]
November 1, 2022    By: Tim Vi Tran,