San Jose News Hub
Curated local headlines with AI summaries and a practical FinTechful perspective.
Latest News
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Microsoft’s LinkedIn is cutting jobs in latest industry cull
LinkedIn, owned by Microsoft Corp., is implementing job cuts as part of a broader trend in the tech industry to reduce workforce numbers amid advancements in artificial intelligence. This move reflects the ongoing adjustments companies are making in response to changing market dynamics and technological developments.
24 Hour Fitness reopens Sunnyvale gym as Super-Sport club after major remodel
24 Hour Fitness has reopened its Sunnyvale gym as a Super-Sport club following a significant remodel. This update is part of a larger effort to modernize the chain's facilities across California.
Why a buy-now, pay-later titan is making a $350 million bet on becoming a bank
A prominent buy-now, pay-later company is investing $350 million to transition into banking. This move aims to leverage regulatory advantages and enhance operational control associated with bank ownership.
Illumio moves headquarters to Santa Clara in deal at Campus at Scott
Illumio has signed a lease to move its headquarters to the Campus at Scott in Santa Clara. This complex is primarily leased by Applied Materials and was acquired for $210 million last year.
Nvidia CEO joins Trump's China trip after last-minute call from president
Nvidia CEO Jensen Huang joined President Trump's delegation to China following a last-minute call from the president. This development highlights Nvidia's significant role in the ongoing U.S.-China competition in artificial intelligence and semiconductor technology.
JLL sells 130K-sq-ft Fremont industrial site
JLL has sold a 130,000-square-foot industrial site in Fremont for $61 million to WisLab EMS, which is also the current occupant of the facility. JLL had acquired the property in 2021.