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News
Gilead opens new building on existing Foster City campus – NBC Bay Area
4+ day, 7+ hour ago (98+ words) Gilead Sciences of Foster City on Friday unveiled a new 182,000 square-foot building on its existing campus. Scott Budman reports. The company said the new facility will house a mix of oncology and scientific research. Gilead initially plans to bring about…...
Interest rates might not go down yet. Here’s why – NBC Bay Area
1+ week, 1+ day ago (135+ words) Unemployment is low and the national job number is up. However, Bay Area tech companies, including PayPal and Uber, have been cutting jobs. Interest rates might not go down yet. Here's why Unemployment is low and the national job number…...
Caldecott Tunnel to get $267 million in state and federal help with upgrades – NBC Bay Area
1+ week, 1+ day ago (296+ words) State leaders have announced a slew of funding going towards transportation infrastructure across the state, and that includes funding for major upgrades to the East Bay's Caldecott Tunnel. These changes would fund the ventilation project at the tunnel as well…...
Investors place billion-dollar real estate bet on Silicon Valley’s future
1+ week, 2+ day ago (451+ words) SAN JOSE — Betting big on Silicon Valley’s future, an investment group led by an England-based firm paid a combined $1.16 billion for six tech campuses in three cities, according to several grant deeds filed in Santa Clara County in September. “We…...
AI boom heats up Bay Area housing market as wealthy buyers drive demand for high-end homes across US
1+ week, 3+ day ago (948+ words) Here’s another place the AI frenzy is making itself felt: the market for luxury homes. High-income earners, many of them employees at AI companies, are snapping up multimillion-dollar houses in the San Francisco Bay Area, undaunted by the higher mortgage…...
Lone Star Funds Acquires Portfolio of Advanced Technology and R&D Real Estate Properties in Silicon Valley
1+ week, 4+ day ago (411+ words) DALLAS & NEW YORK & LONDON & TOKYO, September 01, 2026--Lone Star Funds ("Lone Star") today announced that an affiliate of Lone Star Real Estate Fund VII, L.P. has successfully completed the acquisition of the largest institutional aggregation of Class A, predominantly single-story R&D…...
Home of Chicken and Waffles in Oakland to close for good
1+ week, 5+ day ago (129+ words) Home of Chicken and Waffles in Oakland is closing its doors after 23 years. The restaurant’s owner said he’s ready to retire from the restaurant industry and move on to a new chapter. The last day of business is Monday. The…...
Silicon Valley wealth managers say elite tech workers are doing these 5 things with their wealth
2+ week, 15+ hour ago (1093+ words) Workers at top AI companies are getting anxious about an AI bubble, and they're scrambling for answers about what to do with their newfound wealth before the music stops. It's a moment ripe with opportunity for the ranks of Silicon…...
Reid Hoffman: Silicon Valley 'deluded itself' about Trump, business
2+ week, 6+ day ago (90+ words) On Rapid Response, host Bob Safian talks with LinkedIn co-founder Reid Hoffman about why Silicon Valley leaders who backed Trump as the 'sensible business man' miscalculated. Hoffman argues the big beautiful bill, Elon's power plays, and rising debt are proof…...
Coastal farmworkers feel the squeeze – NBC Bay Area
3+ week, 2+ day ago (821+ words) Facing soaring costs and steep housing prices, farmworkers in coastal San Mateo County say they can’t afford to buy the very food they harvest. Hilda Gutierrez reports. Working full-time picking strawberries and watering trees for minimum wage wasn’t enough to…...