Australia has never been known as a tech hub. But Aussie software companies are making waves in the U.S. and raising piles of cash.» Read More
SAN FRANCISCO, Oct 9- U.S. venture capital firms raised $4.98 billion dollars last quarter, the National Venture Capital Association and Thomson Reuters said on Tuesday, accelerating a trend in venture capital where funds are heading to extremes in size. Sequoia Capital raised $950 million last quarter, while GGV Capital raised $524 million.
SAN FRANCISCO, Oct 9- Twitter founder and Executive Chairman Jack Dorsey said on Tuesday that he trimmed his role at the microblogging service months ago as he devoted the majority of his time to Square, the payment start-up where he is chief executive.
NEW YORK-- Wal-Mart is testing a same-day delivery service in select markets for customers who buy popular items online during the holiday shopping season. The tests, which started this month, are taking place in northern Virginia, Philadelphia, Minneapolis and San Francisco and San Jose, Calif. About 5,000 items will be available for the same-day service.
WASHINGTON, Oct 9- The U.S. Supreme Court on Tuesday refused to consider a challenge to a 2008 federal law granting immunity to AT&T Inc and other telecommunications companies for helping the government eavesdrop on customers' private phone conversations.
SAN FRANCISCO-- The average price of regular gas in California has inched up to $4.671 a gallon, making it the highest in the nation for another day. AAA reported the price was higher than Monday's price of $4.668, which also was an all-time high for the state. California usually converts to the gas on Oct. 31.
Oct 9- Wal-Mart Stores Inc is testing same-day delivery of televisions, toys and other general merchandise bought online in a few U.S. markets as it tries to find new ways to keep up with competitors and to attract busy shoppers this holiday season.
SAN FRANCISCO-- The rise in California gasoline prices has slowed after recent jarring increases, but nonetheless the cost of a gallon inched up to another record high, even as officials hope their emergency action will help ease the sticker shock.
SAN FRANCISCO-- California has set a state record for gasoline prices _ but the hikes may be slowing. The highest average price in the state, at $4.75, is in the San Luis Obispo, Atascadero and Paso Robles area.
SAN FRANCISCO-- Exactly one month from Election Day, Republican Mitt Romney and President Barack Obama are both declaring they will win a race for the White House that remains anything but clear. Their trails are crossing again in Ohio, the state that could decide the election, and signs of urgency are emerging from each campaign.
*Amazon's Epix deal includes pay-for-performance provision* Amazon pays more than Netflix on per-sub basis-execs* Amazon spends $1 bln/ yr on streaming video content-analyst By Alistair Barr.
NEW YORK, Oct 9- Vietnamese-born chef Charles Phan shares his passion for his homeland and tips about how to cook its delicious food in his first cookbook, "Vietnamese Home Cooking". Phan and his family fled to Guam from Vietnam in 1975 before settling in San Francisco a couple of years later. runs six other eateries in San Francisco.
BEIJING/ HONG KONG, Oct 9- China's leading telecom equipment makers accused in a U.S. congressional report of being a potential security risk may face fresh scrutiny in other markets, while American firms operating in China could be vulnerable to retaliation.
Oct 9- China's leading telecom equipment makers accused in a U.S. congressional report of being a potential security risk may face fresh scrutiny in other markets, while American firms operating in China could be vulnerable to retaliation.
SAN FRANCISCO-- State leaders _ and drivers _ hope to see gasoline prices drop soon, now that California officials have approved the release of "winter-blend" fuel that is expected to help bolster the state's supplies. Jerry Brown ordered it to allow so-called "winter-blend" gasoline to be sold in California earlier than usual to increase supply.
*Lawmakers call for stronger FDA role. *Supreme Court may have to settle legal questions. Democratic lawmakers said the new crisis showed it was time for Congress to strengthen the FDA's hand in overseeing this side of the drug industry.
NEW YORK-- Wal-Mart is testing a same-day delivery service in select markets for customers who buy popular items online during the holiday shopping season. Wal-Mart's tests started this month in northern Virginia and Philadelphia. Wal-Mart plans to test the service in San Francisco and San Jose, Calif., later this month or in early November.
Oct 9- Continental Resources Inc, the top oil producer in the Bakken region, said on Tuesday it expects to cut $1 million off the cost of its average well there by the end of 2013, as it takes on one of the biggest challenges in the booming oil basin.
*Amazon's Epix deal includes pay-for-performance provision. *Amazon pays more than Netflix on per-sub basis-execs. According to an executive directly involved in the deal, Amazon agreed to an earn-out provision payable to Epix over time if the number of subscribers to Amazon's Prime Instant Video service rises above a certain threshold.
SAN FRANCISCO, Oct 8- Zynga Inc's executive overseeing its key poker game has quit, hitting the gamemaker in a particularly vulnerable spot as it struggles with a steady employee exodus and falling revenue.
SEATTLE-- Alaska Airlines said flights were running close to normal late Monday after a fiber-optic outage shut down its ticketing system for more than four hours, causing the airline and its regional carrier to cancel 78 flights, affecting nearly 7,000 customers. The problems were caused by two severed fiber-optic lines in Sprint's network.