GO
Loading...

San Francisco

More

  • SAN FRANCISCO, Feb 27- Google Inc submitted plans on Friday for a vastly expanded headquarters at the Silicon Valley city where the tech giant is based, presenting a bucolic vision of movable structures to be built under curving and translucent canopies. The new headquarters would give the Internet company the room for an additional 10,000 employees, compared...

  • The data breach involved current and former Uber drivers, and the company has notified attorneys general in states where those drivers live, including California. The company has raised more than $4 billion from prominent venture capital firms such as Benchmark and Google Ventures, valuing Uber at $40 billion and making it the most valuable startup in the...

  • NEW YORK— Uber says a database containing the names and drivers' license numbers of 50,000 of its drivers was breached in May. Uber says it will offer a one-year membership in Experian's ProtectMyID Alert identity theft protection service to the drivers involved. Others include retailer Home Depot, health insurer Anthem and Sony Pictures Entertainment.

  • OTTAWA, Feb 27- When Bank of Canada Governor Stephen Poloz abandoned a policy of offering forward guidance on interest rates last year, he said telling traders explicitly what's going to happen can boost volatility as it spurs a rush for the exits when things change. "How fast the market is flip-flopping around on interest rates in Canada has been quite...

  • SAN FRANCISCO— Thieves drove a car through a high-end electronics store in the latest crash-and-grab heist in the San Francisco Bay Area. San Francisco police say the crime occurred about 4 a.m. Friday at a store on California Street, causing $100,000 in damage to building. On Jan. 27, thieves smashed a stolen SUV through the front of a Wells Fargo museum in San...

  • BEIJING/ WASHINGTON, Feb 27- China is weighing a far-reaching counterterrorism law that would require technology firms to hand over encryption keys and install security "backdoors", a potential escalation of what some firms view as the increasingly onerous terms of doing business in the world's second largest economy. The initial draft, published by the...

  • Some California farmers to go without federal water Friday, 27 Feb 2015 | 6:11 AM ET

    SACRAMENTO, Calif.— The federal government said Friday it won't send any of its reservoir water to the Central Valley for the second straight year, forcing farmers in California's agricultural heartland to again scramble for other sources or leave fields unplanted. Many farmers had been bracing for the U.S. Bureau of Reclamation's announcement as...

  • 'House of Cards' dealt Netflix a winning hand Friday, 27 Feb 2015 | 3:01 AM ET

    The political drama launched Netflix's expansion into original programming two years ago, a risky bet that might have toppled the Internet video service had " House of Cards" flopped and squandered its estimated $100 million investment. Producing that much original content would have seemed like a long shot before " House of Cards" first established Netflix as...

  • *Dropped brands include Cisco, Apple, McAfee, Citrix. BEIJING, Feb 27- China has dropped some of the world's leading technology brands from its approved state purchase lists, while approving thousands more locally made products, in what some say is a response to revelations of widespread Western cybersurveillance. Smartphone and PC maker Apple Inc has also been...

  • *Dropped brands include Cisco, Apple, McAfee, Citrix. BEIJING, Feb 27- China has dropped some of the world's leading technology brands from its approved state purchase lists, while approving thousands more locally made products, in what some say is a response to revelations of widespread Western cybersurveillance. Others put the shift down to a protectionist...

  • ServiceSource reports 4Q loss Thursday, 26 Feb 2015 | 7:30 PM ET

    SAN FRANCISCO _ ServiceSource International Inc. on Thursday reported a loss of $13.5 million in its fourth quarter. On a per-share basis, the San Francisco- based company said it had a loss of 16 cents. For the year, the company reported that its loss widened to $95.2 million, or $1.15 per share.

  • Splunk reports 4Q loss Thursday, 26 Feb 2015 | 4:51 PM ET

    SAN FRANCISCO _ Splunk Inc. on Thursday reported a loss of $57 million in its fiscal fourth quarter. Analysts expected $137.4 million, according to Zacks. For the current quarter ending in April, Splunk said it expects revenue in the range of $116 million to $118 million.

  • SAN FRANCISCO— Gap Inc. reported stronger-than-expected fourth-quarter results on Thursday as sales continued to improve for Old Navy, its largest brand. Analysts expected a profit of 74 cents per share on $4.7 billion in revenue, according to Zacks Investment Research. The company said sales at Old Navy stores open at least a year grew 5 percent for the year,...

  • The worker had started with the Postal Service as a mail carrier in 1995 and worked his way up to safety specialist. Martinez said the worker is entitled to $229,228 in damages and said the Postal Service must promote him to the same pay rate he would have now, had he not been denied a promotion. The judge enjoined the Seattle- area Postal Service from discriminating...

  • Apple to hold event on March 9, as Watch launch nears Thursday, 26 Feb 2015 | 12:42 PM ET

    SAN FRANCISCO, Feb 26- Apple Inc sent out invitations for a media event in San Francisco on March 9, about one month before the much-anticipated launch of the new Apple Watch. The watch, which will let consumers check their email, pay for goods at retail stores and monitor personal health information, represents Apple's first major new product introduction since...

  • New Mexico House panel OKs Uber, Lyft regulation bill Thursday, 26 Feb 2015 | 5:01 AM ET

    SANTA FE, N.M.— A measure aimed at regulating ride-booking companies like Uber and Lyft in New Mexico cleared its first hurdle Thursday. Monica Youngblood, R- Albuquerque, and Sen. Last year, the Public Regulation Commission ordered the San Francisco- based Lyft to cease operations in Albuquerque.

  • Feb 25- China's Lenovo Group Ltd website was hacked, the company said on Wednesday, days after the U.S. government advised Lenovo customers to remove a pre-installed virus-like software, "Superfish", on laptops that makes the devices more vulnerable to attacks. "The domain name service server hosting Lenovo's website was hacked. We'll update as soon as possible, "...

  • Medivation beats Street 4Q forecasts Wednesday, 25 Feb 2015 | 7:15 PM ET

    SAN FRANCISCO _ Medivation Inc. on Wednesday reported fourth-quarter profit of $164.2 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.21 per share. Medivation shares have risen 14 percent since the beginning of the year.

  • Salesforce.com reports 4Q loss Wednesday, 25 Feb 2015 | 4:33 PM ET

    SAN FRANCISCO _ Salesforce.com Inc. on Wednesday reported a loss of $65.8 million in its fiscal fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 14 cents per share. For the current quarter ending in April, Salesforce.com expects its per-share earnings to range from 13 cents to 14 cents.

  • WASHINGTON, Feb 25- Federal Reserve Chair Janet Yellen on Wednesday fended off a stream of aggressive questions from Republican lawmakers who accused the central bank of making Democratic political causes a higher priority than its stewardship of the U.S. economy. Speaking in front of the House of Representatives Financial Services Committee, the normally...