Business
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AMD cutting almost 1,000 jobs to focus resources on AI push
The move follows other cutbacks among longtime Silicon Valley companies. Cisco Systems Inc. is eliminating more than 6,000 positions, and Intel is cutting about 15% of its workforce of more than 100,000.
Silicon Valley’s ‘Bitcoin Jesus’ fights $48 million IRS tax evasion case from Spanish island
Roger Ver grew up in Silicon Valley, founding a computer company called MemoryDealers at the precocious age of 19. He also engaged in tax protests and ran for California’s legislature at 21 as a libertarian.
Coyote Valley: 376 acres once planned for offices and parking lots to become public open space preserve
Santa Clara Valley Open Space Authority takes ownership of former corporate campus site
Point Reyes park litigants want residents excluded from talks
The National Park Service and several environmental organizations are resisting an effort to involve agricultural workers in discussions that could lead to their displacement.
Disneyland teases Avatar land at D23 Brazil
Disney parks boss Josh D’Amaro says 'something you haven’t seen yet' is coming to the new themed land in Disney California Adventure.
Amazon launches online discount storefront to compete with Shein and Temu, kills Freevee channel
Haul will feature products that cost less than $10 and offer free delivery on orders over $25.
Opinion: Trump is stuck with the Fed’s Powell. He needs to make peace
Fed chair can help ensure that high borrowing costs don’t snuff out a housing recovery and weigh down economic growth.
Berkeley councilmembers approve controversial tax cut for innovation industry start-ups
The measure is meant to help start-up research and development companies by allowing them to focus their limited grant dollars on their projects.
Amazon launches online discount storefront to compete with Shein and Temu
Haul will feature products that cost less than $10 and offer free delivery on orders over $25.
Bluesky adds1 million users since US election as people seek alternatives to X
Championed by former Twitter CEO Jack Dorsey, Bluesky was an invitation-only space until it opened to the public in February.
As rates fall, should you refinance your student loans?
Consider refinancing private student loans if you can get a rate at least half a percentage point lower. If you have federal loans, think twice.
Disneyland sells out of all Magic Key passes in 7 days
All four tiers of Magic Key annual passes are now only available for renewal.
Ex-49ers exec testifies Santa Clara Vice Mayor Anthony Becker leaked him confidential report, as defense casts doubt
If convicted, Becker faces up to four years in county jail.
Biden funded new factories and infrastructure projects, but Trump might get to cut the ribbons
Trump won in large part because of voters’ frustration with high prices and a sense that the country needs major changes. But when he enters office in January, Trump will inherit an economy primed for growth.
Ex-49ers exec testifies Santa Clara Vice Mayor Anthony Becker leaked him confidential report, as defense casts doubt
If convicted, Becker faces up to four years in county jail.
PG&E, San Jose, builder eye downtown of green homes and new tech hubs
PGE, a big developer and top San Jose officials are teaming up to spur eco-friendly housing towers in the city's downtown.
Southern California to see modest rent hikes by 2026, USC says
Average rent will rise $58 per month in L.A. County over two years, and between $110 and $148 monthly elsewhere in the region, according to a USC forecast.
Bay Area inflation eases up — but electricity and gas utility costs soar
Costs for utility services zoomed higher at a pace that greatly exceeded the overall increase in the cost of living for the Bay Area.