SAN FRANCISCO, May 24- Automattic, the company that operates blogging service WordPress.com, announced a $50 million investment from hedge fund Tiger Global on Friday. The investment comes on the heels of Yahoo's $1.1 billion acquisition of blogging company Tumblr, showing the high prices fast-growing services that targeting Internet users can command.
SAN FRANCISCO, May 24- Automattic, the company that operates blogging service WordPress, announced a $50 million investment from hedge fund Tiger Global on Friday. The investment comes on the heels of Yahoo's $1.1 billion acquisition of blogging company Tumblr, showing the high prices fast-growing services that targeting Internet users can command.
SAN FRANCISCO, May 24- Amazon is once again shaking up traditional publishing models. This week, Amazon.com Inc announced "Kindle Worlds," which offers aspiring writers an opportunity to pen their own takes on franchises in books, TV, movies, even games and comics.
SAN FRANCISCO, May 24- Google Inc is in talks to buy Waze, an Israeli mapping start-up that has held discussions with several large technology companies, two sources familiar with the matter told Reuters on Friday.
DUBLIN, Ohio-- There isn't a pro golfer who doesn't have a story about a "Play That Funky Music" ringtone coming from the gallery during a backswing, or the time a tourist with a flip phone was snapping photos in the middle of a critical putt. Jack Nicklaus, founder and host of the Memorial, applauds the steps taken.
LOS ANGELES-- A two-day strike by University of California hospital workers ended on Thursday, with both sides claiming victory even though there was no resolution to a contract dispute involving staffing and pensions.
SAN FRANCISCO, May 23- The clearinghouse for all U.S. stock options said Thursday it will adopt a policy aimed at abolishing a dividend-linked trading strategy that critics say could destabilize markets if left unchecked.
SAN FRANCISCO-- Williams-Sonoma Inc. blew past market expectations for its fiscal first quarter as shoppers stepped up spending on housewares and furnishings both online and in stores.
That seems to have ended rather abruptly in the 24 hours beginning with the Bank of Japan's disappointing response to bond market volatility on Thursday and including Ben Bernanke's anodyne but market-roiling comments on Wednesday on the possibility of a policy taper.
Currently, Lyft operates in five areas, including San Francisco, Los Angeles and New York, according to its web site. Sidecar offers a similar peer-based service, backed by investors such as Lightspeed Venture Partners and Google Ventures.
NEW YORK, May 23- U.S. The bond market was on another roller-coaster ride on heavy volume, a day after remarks by Federal Reserve Chairman Ben Bernanke about the U.S. central bank's bond purchase program prompted a massive sell-off in Treasuries.
SAN FRANCISCO/ DUBLIN, May 23- Apple has operated almost tax-free in Ireland since 1980, welcomed by a government keen to bring jobs to what was then one of Europe's poorest country, former company executives and Irish officials have said. Apple must have seemed attractive to Ireland and to Cork.
SAN FRANCISCO, May 22- Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's turnaround plan helped offset shrinking personal computer sales with enterprise computing services.
SAN FRANCISCO, May 22- Hewlett-Packard Co raised its 2013 earnings outlook after beating low expectations, as CEO Meg Whitman's turnaround plan helped to shore up profits and offset shrinking personal computer sales with enterprise computing services.
*Gold falls as Bernanke cautions about low US rates. *Copper hits 6- week high after no word on Grasberg restart. Copper hit a six-week high on a continued production outage at Indonesia's Grasberg copper mine after a tunnel collapse that killed 28 workers at the world's second-largest copper mine.
*Spot gold slides after brief break over $1,400/ oz. (Rewrites throughout, updates prices, changes byline, dateline NEW YORK, May 22- Gold turned sharply lower on Wednesday, as investors weighed U.S. , "said Michael Cuggino and president and portfolio manager at Permanent Portfolio Funds in San Francisco."
SAN FRANCISCO, May 22- If California lawmakers rely on the state budget watchdog agency's latest revenue outlook, they may build spending increases into a budget plan at odds with the relatively conservative and cautious plan urged by Governor Jerry Brown, Moody's Investors Service said on Wednesday.
SAN FRANCISCO-- California- based chicken producer Foster Farms is recalling about 6,165 pounds of its ready-to-eat grilled chicken breast strips because the strips contain wheat and soy _ known allergens _ which are not listed on the labels of its packages, federal agriculture officials said.
LINCOLN, Neb.-- A plan aimed at attracting wind-energy farms to Nebraska is headed to a final vote in the Legislature. One firm, TradeWind Energy, has expressed interest in developing a wind farm in Dixon County, near the Iowa and South Dakota border.