Company
Autodesk to cut 1,000 workers as the tech company bets on AI
Software company Autodesk is slashing roughly 1,000 roles, representing a 7% cut of its global workforce.The San Francisco company, which makes software used by architects, designers and engineers, told...
TikTok has finalized its U.S. joint venture, ending saga over its fate
The long and winding road over the fate of TikTok — the enormously popular social video platform that has been a force in American youth culture and entertainment —...
California crypto startup moves to South Dakota as debate over proposed wealth tax heats up
California cryptocurrency startup BitGo has moved to South Dakota ahead of its initial public offering and amid a heated debate about a proposed ballot measure to tax billionaires. The...
L.A.’s defense industry is booming. Federal funding crunch could change that
When former Space X engineer Josh Giegel launched his North Hollywood tech company Gambit in 2023, he had a vision for the battlefield of the future, one with fewer...
GameStop shutters stores across California
GameStop is shutting down more stores in California. The video game, toy and collectible retailer has been struggling to find a way to thrive in a market where most...
Bay Area semiconductor testing company to lay off more than 200 workers
Semiconductor testing equipment company FormFactor is laying off more than 200 workers and closing manufacturing facilities as it seeks to cut costs after being hit by higher import taxes....
Google and Character.AI to settle lawsuits alleging chatbots harmed teens
Google and Character.AI, a California startup, have agreed to settle several lawsuits that allege artificial intelligence-powered chatbots harmed the mental health of teenagers.Court documents filed this week show that...
Explaining California’s billionaire tax: The proposals, the backlash and the exodus