| Intel's venture wing may sell part of its portfolio for up to $1B The move comes after Intel's mergers and acquisitions chief took over as head of its venture unit after long-time chief Arvind Sodhani retired.
General Motors buys Y Combinator self-driving car startup in unicorn-priced deal The San Francisco startup had just raised a Series A funding round in September that reportedly valued it at about $90 million.
Ford launches Palo Alto mobility unit to work on self-driving cars and more The new unit will be run by former Steelcase CEO James Hackett.
Corvus Pharmaceuticals sets lower targets on upcoming IPO The Burlingame company would raise about 20 percent less than it projected in January at the top of its IPO targets.
Blaming rocky public markets, SF-based Optimizely cuts 10% of staff Optimizely, the optimization and A/B testing platform that employed 400 in its San Francisco headquarters, cited public market losses in cloud computing in its announcement that it cut 10 percent of its staff today.
VCs to share their views on state of startupland at March 16 Pitch event The event will be moderated by TechFlash Silicon Valley Editor Cromwell Schubarth and is at Google's Mountain View campus.
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