Roblox Corp., a video game hub that says it will pay $70 million to developers this year, reportedly doubled its valuation in a $150 million funding round it disclosed on Wednesday. The San Mateo company hosts 40 million games that were made by its base of mostly young developers, some of whom say they have become millionaires from it. The revenue comes when users buy in-game perks such as virtual weapons upgrades. The Series F funding led by Greylock Partners and Tiger Global Management came at…

Harley-Davidson Inc. said Wednesday that will open a new research and development facility in Silicon Valley later this year, initially hiring about 25 people from the local market. The Milwaukee-based motorcycle company intends to use the facility to support the development of its newest electric bike line, LiveWire, which will hit the market in roughly 12 months. A Harley-Davidson spokesperson told to the Silicon Valley Business Journal that the company is “looking to lease property in the Silicon…

The psychiatric hospital got a reprieve to Oct. 31, from the original deadline of Sept. 11, to fix problems that led to patient and staff harm and July suicide by a patient.

A proposed law named after Amazon CEO Jeff Bezos would require large companies to cover the cost of Medicaid, food stamps and public housing assistance collected by their employees.

Amazon did not address the former employee’s allegations that the company failed to pay overtime to paralegals.

The Business Journal’s longest running award program commemorates 20 years by naming 40 Under 40 Hall of Fame inductees.