San Francisco Bay Area

4BIO Capital Portfolio Company Ascend Acquires Florida-Based GMP Manufacturing Capacity

Retrieved on:

Tuesday, April 9, 2024

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London, UK, 9 April 2024 – 4BIO Capital (“4BIO” or “the Group”), an international venture capital firm unlocking the treatments of the future by investing in advanced therapies and other emerging technologies, today announces that its portfolio company, Ascend Advanced Therapies (Ascend), an end-to-end gene therapy development partner, has acquired the Contract, Manufacturing and Controls (CMC) team and site in Alachua, Florida, from Beacon Therapeutics (Beacon).

Key Points:

London, UK, 9 April 2024 – 4BIO Capital (“4BIO” or “the Group”), an international venture capital firm unlocking the treatments of the future by investing in advanced therapies and other emerging technologies, today announces that its portfolio company, Ascend Advanced Therapies (Ascend), an end-to-end gene therapy development partner, has acquired the Contract, Manufacturing and Controls (CMC) team and site in Alachua, Florida, from Beacon Therapeutics (Beacon).
The transaction brings an operational good manufacturing practice (GMP) facility, process and analytical development capabilities, and additional experts to the Ascend team.
This key acquisition brings Ascend its first US manufacturing site, a huge milestone for the Company.
The facility is highly synergistic to a growing global network of Ascend sites that has been built via critical acquisitions.

YR Media’s Adult ISH Podcast Season 11 Spotlights Young Leaders “Standing Up”

Retrieved on:

Thursday, April 4, 2024

Oakland, California, April 04, 2024 (GLOBE NEWSWIRE) -- Adult ISH , the award-winning advice, culture, and storytelling podcast from YR Media and part of the Radiotopia podcast network from PRX, is launching its 11th season with the first of ten episodes dropping Thursday, April 11, 2024.

Key Points:

Oakland, California, April 04, 2024 (GLOBE NEWSWIRE) -- Adult ISH , the award-winning advice, culture, and storytelling podcast from YR Media and part of the Radiotopia podcast network from PRX, is launching its 11th season with the first of ten episodes dropping Thursday, April 11, 2024.
What differences are there as a teen versus when you’re a legal adult?
“Season 11 is about young people being authentically themselves as they follow their passions.”
“As YR Media celebrates 30 years of impact – producing audio with aspiring teen and young adult podcasters, journalists, and musicians – I’m excited that Adult ISH will amplify even more of our YR Media students’ voices in this season,” said YR Media CEO Kyra Kyles.
Learn more about the podcast here and follow along on social media:

Ocwen Financial Corporation Announces Appointment of Claudia Merkle to Board of Directors

Retrieved on:

Tuesday, April 2, 2024

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WEST PALM BEACH, Fla., April 02, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced the appointment of Claudia J. Merkle to its Board of Directors (“Board”), effective April 1, 2024.

Key Points:

WEST PALM BEACH, Fla., April 02, 2024 (GLOBE NEWSWIRE) -- Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced the appointment of Claudia J. Merkle to its Board of Directors (“Board”), effective April 1, 2024.
“We are very pleased to welcome Claudia to the Ocwen Board,” said Glen A. Messina, Chair, President and CEO of Ocwen.
“Claudia is an accomplished and well-respected mortgage industry executive with deep public company experience.
In 2021, Ms. Merkle was named one of the Most Influential Women in the Bay Area by the San Francisco Business Times.

Tompkins Conservation places archive at the Stanford University Libraries in support of ongoing field studies and research in Chile and Argentina

Retrieved on:

Tuesday, April 9, 2024

STANFORD, Calif., April 9, 2024 /PRNewswire/ -- Tompkins Conservation and its co-founders and benefactors, Kristine McDivitt Tompkins and the late Douglas R. Tompkins, are donating their personal archives as well as the archive of their conservation and rewilding work in South America to the Stanford University Libraries. These historical, legal, and scientific records will directly benefit the faculty and students who are continuing Stanford's longstanding tradition of conducting field studies and research in Chile and Argentina, as well as those interested in land conservation initiatives.

Key Points:

We are especially grateful to Kris Tompkins for the placement of the archive at Stanford where well-intentioned scholars and eco-environmentalists will make excellent use of it."
Stanford University, the alma mater of many McDivitts, has been formative in the education and values of my family.
The Kristine McDivitt Tompkins Collection documents its namesake's career as the former CEO of Patagonia, Inc. and the current president and co-founder of Tompkins Conservation.
Thus, the goals of the Stanford Doerr School of Sustainability closely align with the wonderful work of Tompkins Conservation."

Tompkins Conservation places archive at the Stanford University Libraries in support of ongoing field studies and research in Chile and Argentina

Retrieved on:

Tuesday, April 9, 2024

STANFORD, Calif., April 9, 2024 /PRNewswire/ -- Tompkins Conservation and its co-founders and benefactors, Kristine McDivitt Tompkins and the late Douglas R. Tompkins, are donating their personal archives as well as the archive of their conservation and rewilding work in South America to the Stanford University Libraries. These historical, legal, and scientific records will directly benefit the faculty and students who are continuing Stanford's longstanding tradition of conducting field studies and research in Chile and Argentina, as well as those interested in land conservation initiatives.

Key Points:

We are especially grateful to Kris Tompkins for the placement of the archive at Stanford where well-intentioned scholars and eco-environmentalists will make excellent use of it."
Stanford University, the alma mater of many McDivitts, has been formative in the education and values of my family.
Thus, the goals of the Stanford Doerr School of Sustainability closely align with the wonderful work of Tompkins Conservation."
An event celebrating the Tompkins Conservation and Tompkins Family archives is scheduled on Earth Day, April 22, 2024, starting at 4:30 p.m. in the Traitel Building on the Stanford campus.

Silicon Valley and Shenzhen, China, will get all the growth from AI if other regions don’t invest now to compete

Retrieved on:

Tuesday, April 9, 2024

The integration of AI-based technologies into regional economies through the manufacturing and design of goods such as smartphones and smart speakers has sparked significant changes, leading to increased efficiency, innovation and economic growth.

Key Points:

The integration of AI-based technologies into regional economies through the manufacturing and design of goods such as smartphones and smart speakers has sparked significant changes, leading to increased efficiency, innovation and economic growth.
This suggests that regions that actively support the development of these technologies are likely to witness a positive relationship between workforce transformation and economic growth.

Technology and creativity

There are two significant points Florida makes about regional growth dynamics related to AI-based technologies and regional growth.
This means that creative class members are a basic driver of regional economic growth and development.
As an expert on regional economics, I and my colleagues studied the use of AI-based technologies and regional economic growth.

AI and economic growth

So how do initial differences between creative regions in the use of AI-based technologies affect long-term economic growth?
What effects do initial differences in the use of AI-based technologies between, for instance, San Francisco and Seattle have on long-term economic growth in these same cities?

Long-term growth

Consider two regions, A and B – think of A as the San Francisco Bay Area and B as Seattle. A is able to save double the amount that B does investing in an advanced AI-based technology, and A also invests twice as much as B in improving the skills of its creative workforce.

In simple terms, even small differences in savings rates early on can lead to significant gaps in economic output per creative individual over time.
Once again, the relatively minor initial differences in the two savings rates translate into a greatly magnified impact on the long-run values of skills per creative person.

Some policy lessons

Second, consider a creative region that is lagging another creative region in terms of output and skills per creative person.
For such a region to get ahead, it will need to increase its investment in AI-based technology and skills.
Research shows that AI assets and capabilities in the U.S. are concentrated in San Francisco, San Jose, New York, Los Angeles, Boston and Seattle.

Amitrajeet A. Batabyal does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

Cityview Completes 378-Unit Multifamily Project in Oakland’s Brooklyn Basin

Retrieved on:

Wednesday, March 20, 2024

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OAKLAND, Calif., March 20, 2024 (GLOBE NEWSWIRE) -- Cityview , a premier multifamily investment management and development firm, has completed Portico – a 378-unit multifamily project in Oakland, California.

Key Points:

OAKLAND, Calif., March 20, 2024 (GLOBE NEWSWIRE) -- Cityview , a premier multifamily investment management and development firm, has completed Portico – a 378-unit multifamily project in Oakland, California.
Now welcoming residents, the eight-story opportunity zone project is located in the fast-growing Brooklyn Basin master-planned community.
The project features a mix of studio, one-, two- and three-bedroom apartments as well as townhomes.
Cityview’s other recently completed projects include Jasper – a 296-unit opportunity zone project near Downtown Los Angeles, The Parker – a 123-unit multifamily project in West Los Angeles, and Atrio – a 276-unit value-add renovation in Burbank.

Proofpoint Honored with Comparably Best Places to Work Awards in Multiple Categories

Retrieved on:

Thursday, March 14, 2024

Growth, Environment, Dräxlmaier Group, Diversity, News, Engineering, Happiness, San Francisco Bay Area, Workplace, Management

SUNNYVALE, Calif., March 14, 2024 (GLOBE NEWSWIRE) -- Proofpoint, Inc. , a leading cybersecurity and compliance company, announced today its recent recognition in Comparably ’s 2024 quarterly Best Places to Work Awards in multiple prominent categories, including Best Company Outlook, Best Global Culture, Best Engineering Teams, Best Sales Teams, and Best HR Teams.

Key Points:

SUNNYVALE, Calif., March 14, 2024 (GLOBE NEWSWIRE) -- Proofpoint, Inc. , a leading cybersecurity and compliance company, announced today its recent recognition in Comparably ’s 2024 quarterly Best Places to Work Awards in multiple prominent categories, including Best Company Outlook, Best Global Culture, Best Engineering Teams, Best Sales Teams, and Best HR Teams.
The awards join nine other Comparably honors won by Proofpoint in 2023 including Best Company for Diversity, Best Company for Women, Best Company Culture, Best Company Compensation, Happiest Employees, Best Company Perks & Benefits, Best Company Work-Life Balance, Best HR Teams and Best Places to Work in the Bay Area.
Comparably is a leading workplace culture and corporate brand reputation platform with 20 million anonymous employee ratings on 70,000 U.S. & Canadian-based companies.
Each quarter it honors companies with Best Places to Work Awards, recognizing outstanding workplaces and the exceptional contributions of companies and individuals in fostering positive cultures, driving innovation, and delivering unparalleled employee experiences.

EverCharge and the San Francisco Giants Announce Strategic Partnership

Retrieved on:

Tuesday, March 12, 2024

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SAN FRANCISCO, CA, March 12, 2024 (GLOBE NEWSWIRE) -- EverCharge , a leading provider of large-scale electric vehicle (EV) charging solutions, and part of SK Group, today announced a strategic partnership with the San Francisco Giants to install charging infrastructure and provide the public, including Giants fans and Oracle Park event go-ers, with safer and more eco-friendly transportation options.

Key Points:

SAN FRANCISCO, CA, March 12, 2024 (GLOBE NEWSWIRE) -- EverCharge , a leading provider of large-scale electric vehicle (EV) charging solutions, and part of SK Group, today announced a strategic partnership with the San Francisco Giants to install charging infrastructure and provide the public, including Giants fans and Oracle Park event go-ers, with safer and more eco-friendly transportation options.
In August 2023, the San Francisco Giants and all-electric, driverless car company Cruise committed to developing hundreds of EV chargers to support ballpark facilities.
With this new strategic partnership, EverCharge is joining this commitment and helping to further establish Oracle Park as a leader in San Francisco’s EV charging infrastructure.
To meet the increasing local demand for more sustainable travel options, the Giants are partnering with EverCharge to bring hundreds of electric vehicle chargers to Oracle Park parking facilities.

MarinHealth Medical Center Becomes First Hospital in Northern California to Successfully Implant AVEIR™ DR, the World’s First Dual Chamber Leadless Pacemaker System

Retrieved on:

Friday, April 5, 2024

MarinHealth Medical Center today announced the successful implantation of an AVEIR™ DR pacemaker system, becoming the first hospital in Northern California to insert the world’s first dual chamber leadless pacemaker system.

Key Points:

MarinHealth Medical Center today announced the successful implantation of an AVEIR™ DR pacemaker system, becoming the first hospital in Northern California to insert the world’s first dual chamber leadless pacemaker system.
“MarinHealth is proud to be at the forefront in the clinical care of heart rhythm disorders.
Now, we are excited to become the first center in Northern California to offer dual chamber leadless pacemaker technology, which provides yet another state-of-the-art solution for heart rhythm patients in our community,” said Anita Chandrasena, MD , Chief Medical Officer of MarinHealth.
Roughly one-tenth the size of a traditional pacemaker, the dual chamber AVEIR leadless pacing system is made up of two devices: a ventricular (VR) and an atrial (AR) leadless pacemaker.