California relaxed several rules on self-driving cars as the state tries to maintain its status as a leading test bed for the future of transportation. The state’s Department of Motor Vehicles released proposed regulations Friday for autonomous vehicles, dropping an earlier requirement that a human driver had to be present while testing on public roads.
Category: Santa Clara County, CA
Union City: High-speed Internet fiber will be installed in Station District area
An AT&T construction splicer displays group of fiber optic lines that are spliced together using a Fusion Splicer. The fiber optic lines were cut along Monterey Highway near Blossom Hill Road in San Jose, on April 9, 2009.
Snap Shows Investor Appetite to Again Bet on Young Companies
If there’s one lesson Silicon Valley can learn from Snap Inc.’s trading debut, it’s that investors in initial public offerings are again willing to stomach the uncertainty of betting on hopeful, young companies. While concerns still loom about growth and profitability at the maker of disappearing-photo app Snapchat, interest in the IPO is undeniable.
Snap IPO Shows Investor Appetite to Again Bet on Young Companies
If there’s one lesson Silicon Valley can learn from Snap Inc.’s trading debut, it’s that investors in initial public offerings are again willing to stomach the uncertainty of betting on hopeful, young companies. While concerns still loom about growth and profitability at the maker of disappearing-photo app Snapchat, interest in the IPO is undeniable.
You Rang? I Called Hotel Room Service-And Got A Robot
Meet “Botlr,” the robotic butler who can get around on its own and bring you those late-night needs-from drinks to snacks and extra towels. It’s midnight.
Challengers Vie for Barcelona Spotlight Amid Apple, Samsung Void
Phone makers Huawei Technologies Co. and LG Electronics Inc. are battling to steal the show at this year’s Mobile World Congress in Barcelona, rushing to fill the void in the absence of handset leaders Samsung Electronics Co.
Following winter rains, Bay Area mosquitoes threaten to swarm
Bay Area mosquitoes are expected to proliferate in the dry weeks following the recent winter storms. Santa Clara County authorities have warned residents of standing water and daytime-biting mosquitoes.
HPE’s Whitman Struggles in Shift to Smaller Size, Cloud Pressure
Hewlett Packard Enterprise Co.’ s Meg Whitman, who has been working to transform the company into a more efficient corporate-technology provider, is being thwarted by rising supply costs and aggressive cloud rivals.
Tesla Model 3 on Track as Musk Posts Narrower Quarterly Loss
Tesla Inc. posted a narrower quarterly loss than estimated and said the much-anticipated Model 3 electric sedan remains on schedule, as Chief Executive Officer Elon Musk closes in on his pursuit of more mainstream car buyers. The electric-car maker expects to deliver as many as 50,000 vehicles in the first half of the year and still sees Model 3 production starting in July, according to a letter to shareholders Wednesday.
Obamacare launched a new wave of start-ups. Now they’re bracing for what’s next.
Four years ago, Noah Lang saw an opportunity in Obamacare. With an eye toward the millions of people set to purchase health insurance on their own for the first time, the 29-year-old Silicon Valley entrepreneur founded a start-up, Stride Health, that helps them compare and choose between plans – and do it all from a smartphone.
Palo Alto council wants housing, cautious about density
The owner of 4146 El Camino Real is interested in developing the lot, pictured at left on Tuesday, Feb. 14, 2017, which has been vacant since 1997, into up to 21 multifamily condo units. Opponents say the proposal is too dense for the area while supporters say the area is ideal for density because of its proximity to businesses and public transportation.
Apple breaks intraday record high for first time since 2015
Apple Inc’s share price hit an intraday record high on Tuesday for the first time in almost two years as investors raised bets that a 10th anniversary iPhone will boost lackluster sales. The stock touched an intraday all-time high of $135.09, beating its previous intraday high of $134.54 set on April 28, 2015.
Apple Shares Hit Record Close on Optimism for Next IPhone
Apple Inc. shares hit a record on optimism the next iPhone will drive a resurgence in sales and help the company’s services businesses grow. The stock climbed less than 1 percent to $133.29 at the close in New York, the highest on record.
Why Orbital Insight Is One Of The Most Innovative Companies Of 2017
If you want to see beautiful images of Earth from a million miles away, visit NASA’s EPIC website-just don’t expect to learn much about the economic or societal trends happening down below. For that, you’ll need Orbital Insight .
Tesla Employee Says Workers Contacted UAW About Organizing
Tesla Inc. workers at its only auto plant have contacted the United Auto Workers seeking assistance with forming a union, according to a Medium post published Thursday by a man claiming to be a factory employee. “I think our management team would agree that our plant doesn’t function as well as it could, but until now they’ve underestimated the value of listening to employees,” wrote Jose Moran, who identifies himself as a worker for the past four years at the plant in Fremont, California.
Report: Driver in double fatal Tesla crash was intoxicated
Police say the driver of a speeding Tesla electric car that crashed and burned in Indianapolis, killing her and a passenger, was too drunk to drive. Indianapolis police released an updated report Wednesday on the November crash.
Apple vs. Amazon: Why Investors Have Got It Wrong
Investors are rewarding Apple, while taking Amazon to the woodshed. Here’s why it should be the other way around.
Apple Set to Begin Making iPhones in India by April’s End
Apple Inc. will begin assembling iPhones in India by the end of April, a regional minister says, heightening its focus on the world’s fastest-growing major smartphone market as growth slows elsewhere. The U.S. company has tapped Taiwan’s Wistron Corp. to put together its phones in the tech capital of Bangalore in Karnataka, said Priyank Kharge, the state’s information technology minister.
European Apple Suppliers Advance After Stellar iPhone Sales Results
Imagination Technologies and other European suppliers to Apple rallied early Wednesday after the U.S. tech giant reported better-than-expected earnings backed by stellar iPhone sales. Chip designer Imagination jumped 3% to change hands a three-week high of 243 pence each by 08:30 GMT in London, while chip maker STMicroelectronics rose 2.2% in Paris to a 12.47 each, just a few cents shy of its all-time high of a 12.50 each.
Apple Sales Beat Estimates on Demand for Latest iPhones
Apple Inc. reported quarterly revenue that topped analyst projections, fueled by demand for the company’s latest and priciest iPhones. Apple said sales rose 3.3 percent to $78.4 billion, with earnings of $3.36 a share in the three months through Dec. 31. Analysts forecast profit of $3.22 a share on revenue of $77.3 billion, according to data compiled by Bloomberg.
Apple Sales Beat Estimates on Demand for Latest IPhones
Apple Inc. reported quarterly revenue that topped analyst projections, fueled by demand for the company’s latest and priciest iPhones. Apple said sales rose 3.3 percent to $78.4 billion, with earnings of $3.36 a share in the three months through Dec. 31. Analysts forecast profit of $3.22 a share on revenue of $77.3 billion, according to data compiled by Bloomberg.
Futures, Asia Lower As Trump Uncertainty Weighs Ahead of Earnings
Futures for U.S. markets pointed toward a lower open Tuesday as investors remain concerned about the turmoil caused by President Donald Trump’s executive order on immigration. The S&P 500 pared 0.25%, the Dow Jones Industrials 0.25% and Nasdaq 0.24% at 11:08 p.m. EST, ahead of Tuesday when a host of companies are set to report earnings.
Intel Shares Advance in After-Hours on Earnings Beat, Upbeat Guidance
Intel beat Wall Street’s expectations for the fourth quarter of 2016 and gave a positive outlook for the fiscal first quarter and the full year. Intel reported stronger-than-expected results for the fourth quarter of 2016 after Thursday’s closing bell, helped in part by growth in its data center unit.
Palo Alto residents balk at burden on traffic, housing as Stanford grows
Stanford’s plans to expand through 2035 do not go far enough to curb traffic congestion and increase affordable housing, Palo Alto residents and university students and employees said during a community meeting Wednesday. The university has submitted an application to Santa Clara County seeking a general use permit to add nearly 2.3 million square feet of academic buildings and up to 3,150 on-campus housing units for students, staff and faculty.
Netflix Gets Seinfeld’s ‘Comedian in Cars’ Series, Not That There’s Anything Wrong With That
The streaming media giant announces a deal for Jerry Seinfeld’s popular online show, which had previously aired on Sony’s Crackle, just prior to reporting fourth-quarter earnings. Netflix this week said the popular comedian’s hit online show, Comedians in Cars Getting Coffee , which had run on Sony ‘s digital video platform Crackle since 2012, will be coming to the world’s largest subscription streaming service in late 2017.
For $8,000, this startup will fill your veins with the blood…
His startup, a company called Ambrosia based in Monterey, California, is currently enrolling people in the first US clinical trial designed to find out what happens when the veins of adults are filled with the blood of young people. In many ways, he’s right about blood’s life-saving qualities.
Palo Alto appeals judgea s reversal of Buena Vista Mobile Home Park decision
A view of the El Camino Real entrance to the Buena Vista Mobile Home Park in Palo Alto, Calif. on Tuesday, Dec. 6, 2016.
How to Drink with Billionaires
Mark Oldman is one of the wine world’s great popularizers. In his lectures, seminars and books – the most recent of which, How to Drink Like a Billionaire: Mastering Wine with Joie de Vivre , came out last fall – he encourages his audience to try unfamiliar grapes, relax about food and wine pairings and enjoy wine rather than make a fetish of it.
Apple Bosses See Pay Drop in 2016 as CEO Reaps $145 Million
Apple Inc.’s top executives saw their compensation fall last year while Chief Executive Officer Tim Cook had his biggest payout yet from his record 2011 award. Cook’s five top lieutenants received about $22.8 million each for 2016, according to a proxy statement filed Friday.
Apple Bosses See Pay Drop in 2016 as CEO Reaps $145 Million
Apple Inc.’s top executives saw their compensation fall last year while Chief Executive Officer Tim Cook had his biggest payout yet from his record 2011 award. Cook’s five top lieutenants received about $22.8 million each for 2016, according to a proxy statement filed Friday.
Tesla Gives U.K. Buyers Two Weeks to Dodge Brexit Price Increase
Tesla Motors Inc. customers in the U.K. may find their Christmas cash goes a little further than expected after the carmaker postponed a price increase by two weeks. The U.S. electric-auto manufacturer’s plans to raise prices 5 percent in the U.K. have been put off until Jan. 15 from the original beginning-of-the-year deadline, Tesla said Monday in an e-mailed statement.
Apple Said to Seek Lower Taxes to Start Manufacturing in India
Apple Inc. wants India to offer tax concessions on iPhones that the company plans to manufacture in the country, a person with knowledge of the matter said. The company wrote to the industry ministry last month seeking lower import and manufacturing duties, the person said, asking not to be identified citing rules on speaking to the media.
Sunnyvale: Council approves Butcher’s Corner development
The future of the 5.49-acre “Butcher’s Corner” plot at El Camino Real, Wolfe Road and Fremont Avenue is coming into focus after the Sunnyvale City Council’s voted on Dec. 13 to certify a proposed project’s environmental review and grant a special development permit that paves the way for the project to be built. The project by De Anza Properties calls for converting the mostly empty lot into a mixed-use development with 138 residential units, made up of 39 townhomes and 99 flats, as well as retail and office space with surface and underground parking.
Apple’s Search for Better iPhone Screens Leads to Japan’s Rice Fields
Apple Inc.’s quest to adopt advanced displays for its next-generation iPhone hinges on a single supplier in the Japanese countryside. Canon Tokki Corp., surrounded by rice fields in the city of Mitsuke in Niigata prefecture, has a near monopoly on the machines capable of making screens with organic light-emitting diodes, which enable sharp, vibrant displays that use less energy.
The Inside Story of Apple’s $14 Billion Tax Bill
“The Maxforce” is the European Union team that ordered Ireland to collect billions of euros in back taxes from Apple Inc., rattled the Irish government, and spurred changes to international tax law. You’d think it might have earned the name by applying maximum force while investigating alleged financial shenanigans.