Silicon Valley Journals 
Hess Corporation announced today that it will donate $50 million to the Salk Institute’s Harnessing Plants Initiative Pover the next five years in order to combat climate change by developing plants’ natural ability to capture and store potentially billions of tons of carbon per year from the atmosphere. These funds will support HPI’s work, including … Read more
Mercy BioAnalytics Inc., a pioneer in extracellular vesicle-based liquid biopsies for cancer detection, announced today the completion of a $41 million Series A funding round. Novalis LifeSciences led the oversubscribed financing, which included Sozo Ventures, Hatteras Venture Partners, iSelect Fund, American Cancer Society BrightEdge, and Broadway Angels, an all-women venture capital group. In addition to … Read more
Takeda announced today that 21 new non-profit organizations in the United States have been awarded grants as part of the company’s $19.5 million commitment to its FY2022 Corporate Social Responsibility program. Takeda is delivering a total of $39.5 million to help improve equity among under-resourced communities in the areas of health, education, the environment, and … Read more
Ventas, Inc. the Company announced today that it intends to take ownership of the collateral underlying its approximately $486 million cash-pay mezzanine loan to Santerre Health Investors, known as the Santerre Mezzanine Loan. The Santerre Mezzanine Loan is secured by equity interests in entities that collectively own a diverse pool of medical office buildings, senior … Read more
Horizon Quantum Computing, a Singapore-based company that develops software development tools to unlock the potential of quantum computing hardware, announced today that it has raised $18.1 million in Series A funding from Sequoia Capital India, Tencent, SGInnovate, Pappas Capital, and Expeditions Fund. The investment tour will support the company’s growth by allowing it to strengthen … Read more
Indiana American Water filed a rate adjustment request with the Indiana Utility Regulatory Commission (IURC) today, reflecting $875 million in water and wastewater system investments planned through 2025 to ensure safe and reliable service, as well as a significant increase in the cost of procuring chemicals, goods, and services. In today’s filing, Indiana American Water … Read more
In a Securities and Exchange Commission filing Thursday, the San Jose-based company announced the 200-person layoff round and stated that it will also leave or sublease unoccupied office facilities. According to the filing, the move will cost Roku $30 million to $35 million in severance and notice pay, benefits, and office costs. The layoffs affect … Read more
The streaming behemoth of the United States Hulu is reportedly downsizing its Beijing R&D center, laying off around 200 people, accounting for roughly 90% of the facility’s workforce. Surprisingly, Hulu’s streaming service is not available to Chinese consumers; the company established the Beijing location in 2007, one year before the platform began streaming in the … Read more
Several executives and administrators have been laid off at MUSC Health University Medical Center’s Midlands division following a $40 million budget shortfall in the first half of the fiscal year. The exact number of employees laid off is not yet known, according to MUSC spokesperson Heather Woolwine on Friday. The layoffs occurred at three of … Read more
According to Axios, The Block, a crypto media company that was embroiled in a funding scandal involving disgraced FTX founder Sam Bankman-Fried, has laid off roughly one-third of its staff as part of a broader leadership shakeup. Why it matters: Following the scandal, the layoffs are intended to stabilize and strengthen the company’s position. Details: … Read more