Tags: California
Payment startup Bill.com scoops up USD38 million in funding round
California-based bills payment and invoicing startup Bill.com picked up USD38 million in a new financing round led by Scale Venture partners and other former investors.
Arrayent raises USD11.9 million for cloud connect platform
California-based cloud connect platform Arrayent recently raised USD11.9 million from Doll Capital Management, Intel Capital, and Opus Capital, to be used for its planned expansion and growth.
Novartis sells diagnostics unit to Grifols for USD1.68 billion
Basel-based Novartis AG sold its California blood unit to Spain's Grifol's SA for USD1.68 billion.
SFW Capital makes strategic investment in Filtec
SFW Capital Partners made a strategic investment in California-based Industrial Dynamics Company (DBA Filtec) for growth and product expansion.
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California would soon have one of the highest minimum wages in the US at USD 10 an hour. The minimum wage of California was slated to rise to USD 10 per hour in the next three years.
California governor Jerry Brown declares state of emergency with the spread of wildfire into the Yosemite National Park.
California's legislation to "bottle the sunlight" attracted venture capitalists and other major companies in an energy race to 2020.
The US Court of Appeals grilled Samsung over a patent case ruling that favored the South Korean company.
Tesla Motor Inc. rallied 14% after posting its second quarter earnings report which helped the fortune of Elon Musk to rocket by US$570 million yesterday.
Apple generated US$4 billion from iTunes software and services during the second quarter. Apple's iTunes Store has been a relevant source of income and a core to the tech giant's ecosystem.
Apple turned things around and sought for Samsung phone sales ban in its home market. Apple Inc is currently trying to force the mobile devices of Samsung Electronics Co.
The Bay Area Rapid Transit workers union was poised to go on strike but was averted by the 11th hour intervention of California Governor Jerry Brown.
The City of Richmond filed a lawsuit against Chevron Corp over a refinery fire that occurred last year.
San Francisco District judge denies class action certification by women filing case against Wal-Mart
San Francisco U.S. District Judge Charles Breyer rejected a motion filed by women workers of Wal-Mart's California offices as a class action lawsuit.