Archive for July 2020
Push to further limit rent increases in Sacramento gets thrown out by judge
The Sacramento City Council will not have to place a measure on the Nov. 3 ballot that would further cap rent increases, under a recent court ruling.
Francis Ford Coppola earns approval for boutique hotel at Columbus Tower
Coppola called into the commission meeting Thursday evening to express his love for the North Beach neighborhood, “the city’s center of desirable bohemianism.”
Pinterest shares rocket 36.1% as business shows recovery signs
The company reported on Friday that monthly active users soared 39% in the quarter to more than 400 million and advertisers pushed the social media site’s revenue up by 4% compared to a year ago.
Burlingame ‘blank check’ company led by ex-CEOs of Kodak, EFI and SAP Concur raises $522M
The company plans to do a reverse merger with a yet-to-be-determined business in the software and internet technology industries with a valuation that’s between $1 billion and $3 billion.
5 things to know: New restaurant debuts in Midtown Sacramento
Here’s what you need to know today.
Eventbrite co-founder joins ‘blank check’ IPO parade with plans to raise up to $230M
Of the 93 U.S. IPOs so far this year, 55 have been special purpose acquisition companies (SPACs) like this one, according to Renaissance Capital.
Lemonaid Health raises $33M with big plans to increase patients by 10X
From birth control to depression, this direct-to-consumer telehealth startup has cut out health insurance and now aims to double the number of clinical services offered and triple its workforce.
Varo gets long-sought national bank charter, moves headquarters out of San Francisco
The all-digital bank, featuring no branches or cash, sees its low-cost structure as key to serving customers other banks don’t find profitable.
Google’s aid leads to a personal journey though Hamilton Families
Blaire Jahn found a pathway to a better life with the help of the holistic resources provided by Hamilton Families and partially funded by Google.
Genentech’s approach to tackling trauma in a pandemic
Through its partnership with the nonprofit Center for Care Innovations, the biotech giant has sought to better understand the health effects of childhood trauma.