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Amazon Buys 877,424 SQFT Former Owens Corning Site in Santa Clara for $237.8MM
March 10, 2023 By: Tim Vi Tran,
By Kate Snyder Santa Clara’s industrial market recently saw a large sales transaction involving one of the city’s more prominent sites. The former Owens Corning plant and surrounding acreage was sold to an affiliate of Amazon for $237.8 million in an all-cash deal, according to a report by The Mercury News. The buyer was Amazon.com Services, […]
Meet Anne Cochran, divorce attorney to the Silicon Valley elite
February 25, 2023 By: Tim Vi Tran,
By Ted Andersen – Digital Editor, San Francisco Business Times Feb 24, 2023 Updated Feb 24, 2023, 5:29pm PST Marriage is supposed to be forever, but when it’s not, particularly for high-net-worth individuals in the Bay Area, a legal separation can cause ripple effects that cost millions. That’s when high-flying entrepreneurs and industry executives call Anne Cochran of Cochran FLP. […]
Here’s what Reed Hastings had to say about his decision to step down as co-CEO
January 20, 2023 By: Tim Vi Tran,
By Olivia Peterkin – Digital Editor, Silicon Valley Business Journal Jan 19, 2023 Updated Jan 19, 2023, 2:44pm PST Netflix Inc. announced Thursday Reed Hastings is stepping down as its co-CEO. Here’s the full text of the letter Hastings published Thursday detailing his decision and other leadership changes at the streaming media giant (Nasdaq: NFLX): I’m so proud of our first 25 years, […]
Here’s what Microsoft CEO Satya Nadella said about cutting 10,000 jobs
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 […]
IRS warms business owners about a lucrative Covid19 ERC
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 […]
Housing prices in the San Jose metro area fell 3.3% from October to November, the biggest decline nationwide
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 […]
Good startups emerge in bad times. Here are 57 startups worth billions that launched during the Great Recession
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 […]
There’s a lucrative change for small businesses in the Inflation Reduction Act
August 10, 2022 By: Tim Vi Tran,
By Andy Medici – Senior Reporter, The Playbook, Aug 9, 2022 The Senate on Sunday passed a sweeping health care and climate change bill, but there is also a potentially lucrative tax credit for small-business owners included in the bill. The bill, which must still pass the House and be signed by President Joe Biden, contains a minimum […]
