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Top News & Analysis San Francisco

  • CEO and co-founder of Snapchat Evan Spiegel

    Snap Inc, owner of popular messaging app Snapchat, kicked off its first investor roadshow on Monday.

  • *One-hour London roadshow impresses investors. LONDON, Feb 20- Snap Inc, owner of popular messaging app Snapchat, kicked off its first investor roadshow on Monday, looking to persuade London money managers to back its initial public offering in the face of concerns about its growth prospects, valuation and corporate governance. The U.S. company, which has yet to...

  • *One-hour London roadshow impresses investors. LONDON, Feb 20- Snap Inc, owner of popular messaging app Snapchat, kicked off its first investor roadshow on Monday, looking to persuade London money managers to back its initial public offering in the face of concerns about its growth prospects, valuation and corporate governance. The U.S. company, which has yet to...

  • LONDON— Uber's chief executive ordered an investigation Monday into a sexual-harassment claim made by a female engineer who said her prospects at the company evaporated after she complained about advances from her boss. In a blog post about her year at Uber, Susan Fowler Rigetti said the company's human resources department ignored her complaints because...

  • Feb 19- The chief executive of Uber Technologies Inc has ordered an "urgent investigation" into claims of sexual harassment at the ride-hailing service made by a former employee. Chief Executive Travis Kalanick said on Sunday he instructed his chief human resources officer to investigate the accusations described in a blog post by Susan Fowler, who worked as...

  • Traffic analytics firm Inrix has calculated how much time drivers spend stuck in traffic during peak travel times last year in 1,064 cities in 38 countries worldwide. Source: Inrix Inc., 2016 Global Traffic Scorecard. Does not include cities in Japan or China, where Inrix does not collect its own data.

  • DETROIT— When it comes to getting stuck in traffic on the way to and from work, Los Angeles leads the world. That topped second-place Moscow at 91 hours and third-place New York at 89, according to a traffic scorecard compiled by Inrix, a transportation analytics firm. San Francisco was the fourth-most congested city, while Bogota, Colombia, was fifth, Sao Paulo...

  • DETROIT, Feb 20- Traffic jams cost U.S. drivers an average of $1,200 a year in wasted fuel and time, and much more in Los Angeles, the city with the world's biggest rush hour traffic delays, according to a study by INRIX Inc released on Monday. While Thailand was the world's most congested country in 2016, according to the study, the United States had the worst traffic...

  • *Ford's sales in Russia up 10 pct last year, beating rivals. *U.S. rival General Motors quit Russia in 2015. MOSCOW, Feb 19- Ford has become the first major foreign carmaker in Russia to see sales grow after three bad years, potentially vindicating its decision to double down on a notoriously volatile market when rivals decided to cut and run.

  • While the fact that the FBI is investigating had been reported previously by the New York Times and other media, these officials shed new light on both the precise number of inquires and their focus. The FBI's Pittsburgh field office, which runs many cyber security investigations, is trying to identify the people behind breaches of the Democratic National...

  • MILWAUKEE— "Pokemon Go" monsters can roam virtually wherever they please, but they'll need a permit to get into Milwaukee County parks. "We're prepared for all of them now," said County Supervisor Sheldon Wasserman, who wrote the proposal setting up a permitting process that County Executive Chris Abele signed on Feb. 10. The bill pending in the Illinois Legislature...

  • General Motors Chairman and CEO Mary Barra announces that Chevrolet will begin testing a fleet of Bolt autonomous vehicles in Michigan during a news conference in Detroit, Michigan, U.S., December 15, 2016.

    General Motors plans to deploy thousands of self-driving electric cars in test fleets in partnership with ride-sharing affiliate Lyft.

  • DETROIT, Feb 17- General Motors Co plans to deploy thousands of self-driving electric cars in test fleets in partnership with ride-sharing affiliate Lyft Inc, beginning in 2018, two sources familiar with the automakers plans said this week. It is expected to be the largest such test of fully autonomous vehicles by any major automaker before 2020, when several...

  • Personetics, which has offices in New York, London and Tel Aviv, creates "chatbots" that can respond to customer questions through popular messaging platforms like Facebook Inc's Messenger. The division was initially allocated $100 million to invest but was given an extra $100 million in July. It has backed more than a dozen companies so far, including automated...

  • Personetics, which has offices in New York, London and Tel Aviv, creates "chatbots" that can respond to customer questions through popular messaging platforms like Facebook Inc's Messenger. The division was initially allocated $100 million to invest but was given an extra $100 million in July. It has backed more than a dozen companies so far, including automated...

  • NEW YORK— Customers are still turning their backs on Wells Fargo after a scandal over sales practices, with the bank saying Friday the number of new checking accounts people opened was down 31 percent in January from a year earlier. Wells Fargo has been releasing monthly reports on these figures since the outcry over its sales practices as a sort of "report card" on...

  • Delta Air Lines planes at John F. Kennedy Airport in New York City.

    Delta said Thursday it will start serving meals to all passengers on 12 long-haul routes over the next several weeks.

  • NEW YORK— Mark Zuckerberg helped create the modern world by connecting nearly a quarter of its citizens to Facebook and giving them a platform to share, well, everything— baby pictures and Pepe memes, social updates and abusive bullying, helpful how-to videos and live-streamed violence. In a phone interview with The Associated Press, Zuckerberg stressed that he...

  • LONDON, Feb 17- Some of the world's biggest sovereign wealth funds are increasingly striking their own private equity deals rather than relying on external fund managers, in a drive to cut costs and gain more control. But mega-funds such as the Abu Dhabi Investment Authority, Saudi Arabia's Public Investment Fund and Singapore's GIC, are hiring specialists to...

  • Feb 16- Chicago's ethics board voted unanimously to fine Uber Technologies Inc's former strategist, David Plouffe, $90,000 for illegally lobbying in the city. The San Francisco- based company sent a letter to the ethics board objecting to the size of the fine, Chicago officials said in a statement on Thursday after the board's Feb. 15 decision was made public.