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  • "The problem has skyrocketed in the past few years," and enforcement must keep pace, says City Council Housing and Buildings Committee Chairman Jumaane Williams. Airbnb says New York unfairly lumps occasional users in with hotel-scale operators, although officials say enforcement focuses on big players. "It can get overzealous," says Airbnb public policy head...

  • SAN FRANCISCO— A long legal battle over accusations that a prominent Silicon Valley venture capital firm demeaned women and held them to a different standard than their male colleagues became a flashpoint in the ongoing discussion about gender inequity at elite technology and venture capital firms. Though Ellen Pao lost her lawsuit against Kleiner...

  • SAN FRANCISCO, March 27- Former Kleiner, Perkins, Caufield and Byers partner Ellen Pao is not the only person who lost when a California jury rejected her claims of gender discrimination against the venture capital firm. Pao sought about $16 million in lost wages and tens of millions more in punitive damages in a lawsuit that captivated Silicon Valley.

  • *Kleiner venture capital firm wins against ex-partner Ellen Pao. SAN FRANCISCO, March 27- Silicon Valley powerhouse venture capital firm Kleiner, Perkins, Caufield and Byers was cleared on Friday of claims it short-circuited the career of a former partner because she is a woman, in a gender discrimination trial that shook the tech world. A California jury also...

  • Swap trades fuel California carbon market activity Friday, 27 Mar 2015 | 9:09 PM ET

    SAN FRANCISCO, March 27- California carbon futures were little changed this week as traders focused on over-the-counter vintage swaps instead of the outright buying or selling of permits, market sources said on Friday. In the first deal the party sold unused 2014 vintage allowances and bought June 2015 vintage permits at a 4- cent differential.

  • March 27- Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top $10 billion, according to a source familiar with the matter, making it Intel's biggest purchase ever and the latest merger in the quickly consolidating semiconductor sector. The acquisition of Altera, which makes programmable chips widely used in cellphone towers, the...

  • SAN FRANCISCO, March 27- Apple Inc's Tim Cook, one of the most prominent openly gay American CEOs, has joined fellow tech industry chiefs in decrying a controversial Indiana law that opponents say could allow companies to deny services to gay people. Cook, who publicly declared his sexual orientation last year, joined other tech chief executives, including...

  • SAN FRANCISCO, March 27- A California jury ruled Friday to clear venture capital firm Kleiner, Perkins, Caufield and Byers of gender discrimination in a lawsuit brought by a former woman partner, but the judge ordered jurors to resume deliberations on a claim of retaliation. The jury in California Superior Court decided that gender was not the reason Kleiner did...

  • NEW YORK, March 27- Wall Street on Friday closed higher for the first time in a week, lifted by rising tech stocks, while oil prices slumped 5 percent on receding fears about Middle East fighting disrupting supplies. The major U.S. stock indexes snapped a four-day losing streak after the Wall Street Journal reported chipmaker Intel Corp is in talks to buy rival...

  • March 27- Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top $10 billion, making it Intel's biggest purchase and the latest merger in the quickly consolidating semiconductor sector, the Wall Street Journal reported on Friday. An acquisition of Altera, which makes programmable chips widely used in cellphone towers, the military and...

  • SAN FRANCISCO— Altera's stock soared to its highest price in nearly four years Friday on a report the chipmaker is in talks to be sold to industry leader Intel. Intel Corp.' s shares rose $1.92, or more than 6 percent, to close at $32. Altera makes chips used in phone networks and cars, two areas that Intel has been angling to get into as demand for personal computer chips...

  • Communication startup Slack reports data breach Friday, 27 Mar 2015 | 4:49 PM ET

    Slack provides communication tools that integrate with several third-party applications such as Google Inc's Hangout and Twitter. It counts New York Times Co, Spotify and airbnb among its customers. Cybercrimes have emerged as one of the biggest threat to businesses, with companies such as Sony Corp and Target Corp finding themselves at the receiving end in...

  • US STOCKS-Wall St ends 4-day skid on late tech rally Friday, 27 Mar 2015 | 4:28 PM ET

    *Intel in talks to buy Altera- WSJ. The Wall Street Journal reported chipmaker Intel Corp is in talks to buy rival Altera Corp, citing people familiar with the matter, sending the PHLX semiconductor index up 2.8 percent. Intel shares jumped 6.4 percent to $32 as the biggest boost to the Dow, S&P 500 and Nasdaq 100 indexes.

  • UPDATE 1-Intel in talks to buy Altera -WSJ report Friday, 27 Mar 2015 | 4:13 PM ET

    March 27- Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal that would likely top $10 billion, marking the latest merger in the semiconductor business, the Wall Street Journal reported on Friday. An acquisition of Altera, which makes programmable chips widely used in cellphone towers, the military and other industrial applications,...

  • WASHINGTON— Federal Reserve Chair Janet Yellen said Friday that continued improvement in the U.S. economy means an increase in the Fed's key interest rate could come later this year. Yellen said in a speech in San Francisco that the time to start raising the rate could occur "sometime this year," though she said the time hasn't yet arrived. Yellen said Japan's...

  • SAN FRANCISCO— Google is teaming up with Johnson& Johnson to build robots that can help surgeons in the operating room. Google will work with Ethicon, a medical device company owned by Johnson& Johnson. Johnson& Johnson's innovation center in California negotiated the partnership with Google, which is based in Mountain View, California.

  • *Dow Chemical to spin off unit, merge it with Olin. *Fed Chair Janet Yellen to speak shortly before the closing bell. NEW YORK, March 27- U.S. stocks were flat on Friday, with the S&P 500 on track for its worst week since late January, ahead of a speech by Federal Reserve Chair Janet Yellen that could create a volatile close on Wall Street.

  • *Dow Chemical to spin off unit, merge it with Olin. NEW YORK, March 27- U.S. stocks held near the unchanged mark on Friday, putting major indexes on track to barely snap a four-session losing streak, ahead of a speech by Federal Reserve Chair Janet Yellen that could create a volatile close on Wall Street. What we've done is bounce down to the low end of the recent range set...

  • SAN FRANCISCO— Apple CEO Tim Cook is joining a long list of magnates promising to give away most of the wealth that they amass during their careers. Microsoft co-founder Bill Gates, Berkshire Hathaway CEO Warren Buffett and Oracle Chairman Larry Ellison are among more than 120 wealthy people and families who have announced they will give away their fortunes.

  • US STOCKS-Wall St flat head of Yellen; biotechs bounce Friday, 27 Mar 2015 | 12:44 PM ET

    *Dow Chemical to spin off unit, merge it with Olin. NEW YORK, March 27- U.S. stocks held near the unchanged mark on Friday, putting major indexes on track to barely snap a four-session losing streak, ahead of a speech by Federal Reserve Chair Janet Yellen that could create a volatile close on Wall Street. What we've done is bounce down to the low end of the recent range set...