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  • SAN FRANCISCO, Feb 8- Zenefits, a software startup valued at $4.5 billion, said on Monday it had replaced founder and Chief Executive Parker Conrad and appointed a new leader for the troubled tech company. David Sacks, a former executive at Yammer and PayPal who joined Zenefits a year ago as chief operating officer, has taken over as CEO. Recently, Zenefits came under...

  • Yelp also said Chief Financial Officer Rob Krolik would step down. The San Francisco- based company has been trying to expand outside the United States and diversify into services such as restaurant bookings, event management and payments to counter increasing competition. The company said it expected to report net revenue of $154 million- $157 million in the...

  • SAN FRANCISCO— Restaurant reviews site Yelp Inc. posted a mixed bag of results Monday with higher revenue but lower profits than expected while saying its chief financial officer will step down. The net loss in the fourth quarter through December came to $22.2 million, or 29 cents per share, compared to the 3 cents per share loss expected by analysts polled by...

  • The San Francisco- based company has been trying to expand outside the United States and diversify into services such as restaurant bookings, event management and payments to counter increasing competition. Yelp said it expected to report net revenue of $154 million- $157 million in the first quarter, largely above the $154.4 million estimated by the...

  • Yelp reports 4Q loss 20 Hours Ago

    SAN FRANCISCO _ Yelp Inc. on Monday reported a fourth-quarter loss of $22.2 million, after reporting a profit in the same period a year earlier. The average estimate of 15 analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share. Yelp shares have decreased 41 percent since the beginning of the year.

  • SAN FRANCISCO— India's government has essentially banned a Facebook program that sought to connect with low-income residents by offering free access to a limited version of the social network and other Internet services. The ruling is a major setback for Facebook CEO Mark Zuckerberg, who had lobbied hard for the program as part of a campaign to expand...

  • SACRAMENTO, Calif.— California voters embraced the idea of building the nation's first real high-speed rail system, which promised to whisk travelers from San Francisco to Los Angeles in under three hours, a trip that can take six hours or more by car. In the second phase of a court challenge filed in 2011, attorneys for a group of Central Valley farmers will argue...

  • NEW YORK— Twitter CEO Jack Dorsey said Saturday the social media website's stream of tweets will stay live and in real time, disputing a media report that a change was in the works. News and entertainment site BuzzFeed reported on Friday that Twitter was going to introduce a timeline based on an algorithm rather than a real-time stream. The San Francisco- based...

  • Advertising is still important for CBS- home of the Super Bowl this year- but the focus is shifting to new revenue streams. He would not say which CBS shows- which include hits such as "The Big Bang Theory" and "The Good Wife"- would be candidates for exclusive distribution on the All Access service, but suggested it would be original content and shows that have an avid fan...

  • LinkedIn shares plunge almost 44 percent Friday, 5 Feb 2016 | 5:28 PM ET

    SAN FRANCISCO— Investors gave LinkedIn a poor job review Friday in the form of a dramatic sell-off that wiped out nearly $11 billion in the professional networking site's market value. LinkedIn said it expects revenue of about $3.6 billion to $3.65 billion for this year, while analysts surveyed by FactSet were projecting sales of $3.9 billion.

  • WASHINGTON— Twitter is now using spam-fighting technology to seek out accounts that might be promoting terrorist activity and is examining other accounts related to those flagged for possible removal, the company announced Friday. The White House on Friday said Twitter's announcement was "very much welcome. "The administration is committed to taking every...

  • NEW YORK, Feb 4- Viacom Inc's board of directors named Chief Executive Officer Philippe Dauman as executive chairman, replacing majority owner Sumner Redstone, overriding calls for an independent board chief from Redstone's daughter, who voted against Dauman. Viacom announced on Thursday that the ailing 92- year-old Redstone was becoming chairman...

  • New Relic reports 3Q loss Thursday, 4 Feb 2016 | 5:57 PM ET

    SAN FRANCISCO _ New Relic Inc. on Thursday reported a loss of $18.4 million in its fiscal third quarter. For the current quarter ending in March, New Relic expects its results to range from a loss of 25 cents per share to a loss of 23 cents per share. New Relic expects full-year results to range from a loss of 85 cents per share to a loss of 83 cents per share, with revenue...

  • San Francisco hates the Super Bowl Thursday, 4 Feb 2016 | 5:32 PM ET
    Workers pass a security company's truck at Super Bowl City in San Francisco, California.

    Over a million visitors, tens of millions in economic activity, plus a global spotlight. So why are so many people in San Francisco unhappy this week?

  • LinkedIn shares tumble on weak forecast for 2016 Thursday, 4 Feb 2016 | 4:59 PM ET

    Mountain View, California- based LinkedIn Corp. reported a loss of $8.4 million, compared with a $3 million profit a year earlier. That amounted to a loss of 6 cents a share in the latest quarter, but the company said it earned 94 cents a share after adjusting for stock compensation and other one-time items. Analysts surveyed by FactSet were expecting adjusted...

  • NEW YORK, Feb 4- Viacom Inc's board of directors named Chief Executive Officer Philippe Dauman as executive chairman, replacing majority owner Sumner Redstone, overriding calls for an independent board chief from Redstone's daughter, who voted against Dauman. Viacom announced on Thursday that the ailing 92- year-old Redstone was becoming chairman...

  • Can Uber unsnarl Super Bowl traffic? Thursday, 4 Feb 2016 | 2:47 PM ET
    A customer from the Bay Area catches her UberX driver Dan Pedrovic as UberX begins making passenger pickups at Los Angeles International Airport on January 20, 2016 in Los Angeles, California.

    Even on a good day, traffic between San Francisco and Santa Clara is bad, but Super Bowl week has made it apocalyptically horrible.

  • EPS 19 cents vs est. To counter slowing sales growth, the company has been investing heavily to expand its reach and recently added Philadelphia, Washington D.C. and San Francisco to its network, which is present in more than 1,000 U.S. cities. "There is more competition in the space but their performance seems to suggest it's not materially negatively affecting...

  • The company has been investing heavily to expand its reach and recently added Philadelphia, Washington D.C. and San Francisco to its network, which is present in 900 U.S. cities. The company forecast first-quarter revenue of $109 million- $112 million. The company's net income rose to $11.3 million in the fourth quarter ended Dec. 31, from $10.8 million a year...

  • COLUMBUS, Ohio— The Columbus airport is joining its counterparts nationwide in training employees to recognize signs of human trafficking in an effort to curb exploitation. Beginning this month, all 400 employees at Port Columbus International Airport will view a 30- minute video on spotting signs of trafficking. The awareness campaign in Columbus joins...