Silicon Valley Journals 
Southern First Bancshares Inc. announced on Friday that Michael Dowling has resigned as chief operating and financial officer, effective February 15, to pursue other opportunities. According to a Southern First representative, Mr. Dowling will work with the Greenville, South Carolina-based bank holding company to identify a successor and assist with the transition. Mr. Dowling has … Read more
Sleep Number Corp. (NASDAQ: SNBR) announced on Friday that Executive Vice President and Chief Financial Officer David Callen will resign from the Minneapolis-based mattress company on Monday to pursue other opportunities. Sleep Number made the announcement on Friday, saying that Callen will continue to serve as a financial advisor until March 3, when Chris Krusmark, … Read more
Flagstar Bank in Troy has layoffs dozens of employees across multiple states and is closing a portion of its national mortgage operation less than two months after merging with a New York bank, according to a news media report and social media posts. According to Housingwire.com, citing unnamed bank managers and employees, employees were informed … Read more
Bed Bath & Beyond (NASDAQ:BBBY) appears to be on the verge of bankruptcy, with a 10-Q indicating insolvency and subsequent reports indicating a lack of interested buyers for its assets. According to Bloomberg, Bed Bath & Beyond (BBBY) has been unable to find a buyer to help it avoid bankruptcy, putting a Chapter 11 filing … Read more
Starling Medical, a Huston, Texas-based healthcare startup announced that it has closed on $3.4 million in seed funding, led by Rebel Fund with the participation of Y Combinator, Innospark Ventures, AI Basis, Capital Factory, Coho Deeptech, Magic Fund, Rogers Family Office, Hendricks Family Office, ReMy Ventures, Centauri Fund, Praxis SCI Institute, Gaingels and a group … Read more
Forma Vision, is a Seattle, WA-based provider of live-streamed, volumetric video technology that allows 3D holographic images of people, objects, and environments to be beamed into the metaverse from any office, home, or other location. The company has announced that Accenture Ventures has recently invested in Forma Vision. The price of the transfer of funds … Read more
SupportLogic, a San Jose, CA-based provider of a Support Experience (SX) management platform, has acquired Emtropy Labs, a San Jose, CA-based provider of technology that automates quality assurance (QA) for enterprise support centers. The value of the transaction was not disclosed. With the acquisition, SupportLogic will deepen its automatic QA by providing 100% case coverage, … Read more
Dell has acquired Israeli startup Cloudify for an estimated $70 million to $100 million. Dell made no official announcement about the acquisition, which was first reported by TechCrunch. “Dell Technologies announced that it has completed the acquisition of Cloudify,” a Dell spokesperson said of the deal. “The transaction allows Dell to continue to innovate our … Read more
Goodyear has announced a 5% reduction in salaried staff globally, amounting to approximately 500 job cuts. According to Goodyear, this includes approximately 90 layoffs in Akron, where the company is headquartered. Goodyear announced the “planned rationalization and workforce reorganization” on Friday morning as cost-cutting measures “in response to a challenging industry environment and cost pressure … Read more
Galco Industrial Electronics, Inc. (Galco) announced the acquisition of Zesco, Inc., a regional provider of automation solutions based in Brecksville, Ohio. Founded in 1975 and headquartered in Madison Heights, Mich., Galco is a leading eCommerce-driven, MRO-focused distributor of industrial and commercial electrical and electronic control, automation and motion, lighting, and power transmission products. Galco specializes in … Read more