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Fresno
1724 posts
The Sun’s home for news in the Ash Tree City.
Fresno terminates $1mil grant contract with Bitwise Industries
The City of Fresno transmitted half of its grant funding to Bitwise Industries. Now, it will determine if it can reclaim any of its unspent funds.
June 8, 2023
Ousted Bitwise CEO Soberal flips rental home acquired amid frantic collapse
The co-founder and ousted CEO of Bitwise Industries listed his second home for sale on the same day his firing was announced by the company.
June 8, 2023
Furloughed Bitwise employees file class action lawsuit against failed company
The lawsuit alleges, among other things, that Bitwise's misled employees regarding their furlough to avoid personal liability for failing to follow labor laws.
June 7, 2023
Sparks fly over where Fresno should spend its road dollars
Fresno lawmakers and the Dyer administration have fought bitterly over how to best divvy up spending for road improvements.
June 7, 2023
Who owned Bitwise Industries before its collapse? Here’s a look at the ownership roster, numbers.
Big banks, Valley farmers, hedge funders, and tech savants held shares in Bitwise Industries before its collapse.
June 7, 2023
Legislature advances 2024 statewide school bond. Here’s how it impacts Fresno State’s measure.
California lawmakers could place a statewide school bond on the same ballot as a local $1.4 billion tax measure to support Fresno State.
June 7, 2023
Fresno eyes program to pair retailer cameras with police to stop thefts
Fresno is embracing a public-private program first implemented in Detroit to curb property crimes.
June 6, 2023
Fresno kicks off crackdown on street racing, sideshows
The Fresno Police Department will be able to utilize a new city ordinance that was recently passed by the city council to target all street racing participants and spectators.
June 5, 2023
Blowing smoke? Fresno projects jarring boom in cannabis sales.
Fresno's cannabis tax revenue has become an early sticking point in the city's budget negotiations.
June 5, 2023
Bitwise Industries hooked lenders with word of a pending Goldman Sachs deal. It wasn’t real.
The outsized name of one of America's largest investment banks was utilized to lure more cash in recent months for the floundering tech venture.
June 5, 2023