Rya Jetha

1 month ago | sfstandard.com | Rya Jetha

The orb-like devices, intended to prove a person is a human being, initially glitched out during the grand opening in Union Square. A slightly dystopian project backed by Sam Altman to scan people’s eyes to verify they aren’t robots opened its flagship location in San Francisco today. The only problem was that the devices initially failed to work. As curious San Franciscans filed into the space next to Macy’s in Union Square, the eight orbs enclosed in a panopticon-like wooden circle glitched out.

1 month ago | sfstandard.com | Rya Jetha

Crypto startup Toku claims Deel was part of a scheme that exploited its private information and tried to place spies among its ranks. The corporate espionage saga between HR platforms Rippling and Deel has captured the imagination of Silicon Valley — and now, the plot has ensnared additional companies.

1 month ago | sfstandard.com | Rya Jetha

When Adam Eagle joined payments processing startup Stripe in 2017, it was an up-and-coming private company based in SoMa, valued at just shy of $10 billion. Five years later, when he left to start his own thing, Stripe was a sprawling fintech platform worth $74 billion, with an impressive South San Francisco campus. Despite the company’s size and more than $14 billion in annual revenue, it was still privately held.

1 month ago | sfstandard.com | Kevin Nguyen |Kevin Nguyễn |Rya Jetha

The CEO made the announcement after Tesla shares took its worst beating since 2022 in the stock market. With Tesla shares down 41% so far in 2025, Elon Musk said his time allocation to the Department of Government Efficiency will “drop significantly” starting next month. The announcement was made during the opening remarks of Tesla’s quarterly earnings call on Tuesday. Tesla’s stock suffered its worst quarterly drop since 2022 in the period that ended in March.

1 month ago | sfstandard.com | Rya Jetha

Eaze’s eat-the-world ambition was wiped out by broken technology, a revolving door of CEOs, and bungled regulation. Eaze burned out on growth, trying to position itself for a green rush that never really came because of California’s bungled legalization rollout. Plagued by years of overregulation and high taxes, the conclusion investors and employees reached is that selling drugs is radically different than selling software.