Archive for January 2023
Menlo Park mental health startup Mindstrong is ending its patient care services
The Menlo Park company advised patients to find another clinician by March 10.
‘More blood on the streets’ predicted for struggling Bay Area startups
"It’s going to be more like a fire sale," a fintech CEO said in predicting that 20% of tech unicorns might be acquired.
Record loan growth drives earnings at Five Star Bank
Five Star Bank recorded a record profit of $44.8 million in 2022, much of that driven by a huge growth in loans.
Russian hacking group takes credit for invasion of Stanford Health Care, other hospital sites
In 2020, some 425 attacks on health care-related computer systems affected 27 million people, he said, but by last year those numbers had grown to 549 attacks impacting 44 million people. And a growing number of those are hitting Bay Area organizations.
Former Harlot nightclub in San Francisco to be reborn as Madarae
Plans are underway to bring back the party across from Salesforce Park.
Club Quarters San Francisco is still delinquent on a big loan. Is a sale coming soon?
There are some new signs that owner Blackstone Group could be closer to a deal.
State makes three Downtown Sacramento office buildings available for conversion to housing
Three state-owned office buildings, all on Capitol Mall or a block away, have been identified as locations for conversion to housing.
Berkeley startup Capture 6 raises $6.25 million to bring carbon capture to desalination plants
The company has developed a process that can work with a desalination plant to use saltwater to remove carbon from the atmosphere.
Structural engineer reports slight reversal in Millennium Tower’s tilt
After retrofit work was found to have accelerated the sinking and tilting of downtown residential high-rise, the city pivoted to a new "fix" late last year.
Operator of California Street Tacos food trucks buys former La Garnacha space in Midtown
A local food truck operator is planting roots in Midtown Sacramento, following the purchase of a former taqueria property on 16th Street.