The peer-to-peer home rental company hopes to start collecting New York hotel taxes by July 1.» Read More
SAN FRANCISCO— A trade group for wireless providers said Tuesday that that nation's biggest mobile device manufacturers and carriers will soon put anti-theft tools on the gadgets to try to deter rampant smartphone theft.
New York Attorney General Eric Schneiderman and San Francisco District Attorney, George Gascon welcomed the voluntary agreement but said it fell short of what they have advocated to prevent theft.
April 15- Twitter Inc said on Tuesday it bought social data provider Gnip for an undisclosed amount, signaling that it would take on a new role of packaging and selling data, a service in demand by business and government.
SAN FRANCISCO— Yahoo is still prospering from its lucrative investments in Asia while the Internet company's listless advertising sales are picking up, if ever so slightly, under CEO Marissa Mayer. Yahoo Inc. is making most of its money from its holdings in two Asian Internet companies— China's Alibaba Group and Yahoo Japan.
SAN FRANCISCO, April 15- Microsoft Corp needs a "data culture" to thrive in the new computing environment, according to Chief Executive Satya Nadella, in his third public appearance in three weeks putting his imprint on the software company.
April 15- For business flyers like Adam Kubryk, who is on the road about 200 days a year, one of the perks of flying often and using the same airline regularly is getting upgraded from coach to business class when a seat is available. The issue: in March, the airline stopped offering upgrades for flights between New York and Los Angeles, San Francisco or Seattle.
NEW YORK, April 15- U.S. stocks fell on Tuesday as early gains evaporated when momentum shares once again lost ground, overshadowing a jump in Coca-Cola and Johnson& Johnson after their quarterly earnings. Tesla Motors Inc fell 5.5 percent to $187.25 and NetFlix Inc dropped 4.5 percent to $316.82 to rank among the worst performers in the Nasdaq 100 index.
SAN FRANCISCO— Legislation set to be unveiled in San Francisco would make it legal for city residents to rent out their homes on sites such as Airbnb, but only if they have liability insurance and meet other requirements, a newspaper reported. Short-term rentals are currently banned in San Francisco.
SAN FRANCISCO— Charles Schwab Corp.' s first-quarter net income jumped nearly 61 percent as clients proved more eager to invest. Charles Schwab reported that its net income available to shareholders increased to $318 million, or 24 cents per share, for the quarter. That is up from $198 million, or 15 cents per share, in the same quarter last year.
SAN FRANCISCO— Levi Strauss& Co. has hired a Wal-Mart executive to head up its e-commerce business. The privately held San Francisco clothing company said Monday that Marc Rosen will join Levi in May as executive vice president and president of global e-commerce. Rosen worked most recently as senior vice president of global e-commerce at Wal-Mart Stores Inc..
NEW YORK, April 14- There are many enterprises out there trying to separate you from your tax refund- from splurges such as airlines tickets for a celebratory vacation or for good purposes, like putting it all in a college savings account.
SAN FRANCISCO— Netflix's videos are streaming through Comcast's Internet service at their highest speeds in 17 months, thanks to a recent deal that bought Netflix a more direct connection to Comcast's network.
NEW YORK— Twitter says its CEO Dick Costolo and co-founders Jack Dorsey and Evan Williams have no plans to sell any of their shares when the company's post-IPO lock-up expires on May 5. Twitter went public on Nov. 7, pricing its stock at $26 per share.
Crown Publishers announced Monday that the two-week tour will begin in New York on May 14, two days after "Stress Test" is released. Geithner will be joined by CNBC's Jim Cramer on May 14, by Bernanke in Washington on May 22 and by Paulson in Chicago on May 28. Other stops will include Philadelphia, Seattle, Miami and San Francisco.
*Twitter executives in talks in Ankara. *Official says Twitter earns $35 million in Turkey. ISTANBUL, April 14- Turkey urged executives from Twitter to open an office and start paying Turkish tax on Monday in the first direct talks since a two-week ban imposed on the site as the government battled a corruption scandal.
RED BLUFF, Calif.— Federal transportation authorities are investigating ways to minimize death and injuries in bus crashes following the fiery wreck that left 10 dead when a FedEx truck slammed into a tour bus carrying high school students in Northern California.
VENTURA, Calif.— California is preparing for an oil boom— brought in on rail cars. There are no pipelines that bring crude oil into California. According to the California Public Utilities Commission, five California refineries have facilities either about to come online or in the planning stages that will let them receive crude-oil deliveries by rail.
SAN MATEO, California— Entrepreneurs and investors say Silicon Valley's fast-growing financial ties with Russia's tech sector are being slowed down by current political tensions between the White House and the Kremlin.
"I never worried like this before what happened with the missing Malaysia Airlines plane," Yulveri, who like many Indonesians uses only a single name, said at Jakarta's Soekarno-Hatta International Airport.
SAN FRANCISCO— The stock market's laws of gravity are ravaging its highest fliers. Stung by the abrupt change in sentiment, the stocks of recent stars such as Netflix, Facebook, Twitter and LinkedIn are 20 percent to 45 percent below their recent peaks. The S&P 500 is 4 percent off its recent high on April 2.