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Today's wine business news for wine industry professionals...

The offer was enticing: Pay $25 for a bottle of wine, and you might get upgraded to a bottle worth $100 or more. Better yet, the San Francisco tech company Underground Cellar promised: It would store your wine purchases up to 500 bottles for free in a CloudCellar, then ship them to you whenever you wanted...

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Today's wine business news for wine industry professionals...

Silicon Valley Bank Closure Leaves Wine Industry Clients in the Weeds: There may not be quick answers to the biggest questions facing the wine industry after Silicon Valley Bank collapsed on Friday — including the future of the bank’s landmark wine industry report...

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