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Top News & Analysis San Francisco

  • SAN FRANCISCO, Aug 23- Uber Technologies Inc reported on Wednesday that its losses narrowed in the second quarter by 9 percent and ride bookings rose, but the company is still a long way from being profitable. Uber said its net loss was $645 million, down from $708 million in the first quarter and $991 million in the fourth quarter of last year. Last year, San Francisco-...

  • SEOUL/ NEW YORK, Aug 24- Samsung Electronics Co Ltd set out to wipe the slate clean in New York on Wednesday with its new Galaxy Note 8 "phablet," hoping features like dual rear cameras and its biggest-ever screen will extinguish memories of the device's fire-prone predecessor. Priced at $930 to $960 from network carriers, including a dialling and data plan, the Note 8...

  • SAN FRANCISCO, Aug 23- What is the true cost of an Uber ride? But it may be the most important question of all when it comes to determining the value of Uber Technologies Inc, which has built its business on massive subsidies to both riders and drivers, producing huge losses in the process, and has yet to show that it can maintain growth without them.

  • After reaching 1 in 2 high school students in the U.S., Quizlet is on a quest to reach the world's 1.5 billion students.

  • SAN FRANCISCO, Aug 23- What is the true cost of an Uber ride? But it may be the most important question of all when it comes to determining the value of Uber Technologies Inc, which has built its business on massive subsidies to both riders and drivers, producing huge losses in the process, and it has yet to show that it can maintain growth without them.

  • Shares of the company slipped 1 percent after the bell on Tuesday after closing at $92.95 on the New York Stock Exchange. The San Francisco- based tech giant's net income grew to $241 million, or 33 cents per share, from $170 million, or 24 cents per share, a year earlier. The company also reported deferred revenue- a key metric for the subscription-based software...

  • NEW YORK, Aug 21- In a volatile market, boring investments can be pretty darn sexy. That is why investors have plowed more than $4 trillion into exchange-traded funds, according to London- based research firm ETFGI. "Based on the flow data we see, they appear to be mainly used for short-term periods in more aggressive tactical fashions," said Matthew Bartolini, head of...

  • NEW YORK, Aug 21- In a volatile market, boring investments can be pretty darn sexy. That is why investors have plowed more than $4 trillion into exchange-traded funds, according to London- based research firm ETFGI. "Based on the flow data we see, they appear to be mainly used for short-term periods in more aggressive tactical fashions," said Matthew Bartolini, head of...

  • NEW YORK, Aug 21- In a volatile market, boring investments can be pretty darn sexy. That is why investors have plowed more than $4 trillion into exchange-traded funds, according to London- based research firm ETFGI. "Based on the flow data we see, they appear to be mainly used for short-term periods in more aggressive tactical fashions," said Matthew Bartolini, head of...

  • NEW YORK, Aug 21- In a volatile market, boring investments can be pretty darn sexy. That is why investors have plowed more than $4 trillion into exchange-traded funds, according to London- based research firm ETFGI. "Based on the flow data we see, they appear to be mainly used for short-term periods in more aggressive tactical fashions," said Matthew Bartolini, head of...

  • *Tens of thousands protest in Hong Kong. LONDON, Aug 21- Chinese investment in London commercial property has more than trebled since before Britain voted to leave the European Union, most of it channeled through Hong Kong at a time of heightened political uncertainty in the former British colony. Hong Kong food conglomerate Lee Kum Kee is set to pay 1.28 billion...

  • NEW YORK, Aug 18- The biotech industry is facing high rents and tight lab space in Boston, New York and San Francisco, forcing companies into the suburbs in a sign the "live, work and play" movement into big cities may have hit a roadblock. The start-up's search for adequate facilities is shared by other biotech firms that are encountering tight lab availability in New...

  • NEW YORK, Aug 18- The biotech industry is facing high rents and tight lab space in Boston, New York and San Francisco, forcing companies into the suburbs in a sign the "live, work and play" movement into big cities may have hit a roadblock. The start-up's search for adequate facilities is shared by other biotech firms that are encountering tight lab availability in New...

  • NEW YORK, Aug 18- The Trump-fed rally in stocks, lately showing signs of faltering as the long Wall Street summer nears its end, faces a key test in the weeks ahead with the approach of a historically unkind season for equities and a clutch of issues- such as raising the debt ceiling- awaiting the return of lawmakers to Washington. "September is historically one of the...

  • NEW YORK, Aug 18- The biotech industry is facing high rents and tight lab space in Boston, New York and San Francisco, forcing companies into the suburbs in a sign the "live, work and play" movement into big cities may have hit a roadblock. The start-up's search for adequate facilities is shared by other biotech firms that are encountering tight lab availability in New...

  • Aug 18- Nestle SA on Friday paddled back claims in a new lawsuit in which Atari SA accused the Swiss food company of pilfering its classic 1970 s video game "Breakout" to help sell Kit Kat chocolate-covered wafer bars. Nestle damaged Atari's goodwill and reputation on Facebook, Twitter and television by exploiting the name, look and feel of "Breakout," it said in a...

  • Aug 18- AT&T Inc is exploring options for its Digital Life home security business, including selling it, as it seeks to pay down debt following its planned $85.4 billion acquisition of Time Warner Inc, people familiar with the matter said. While this would do little to reduce the AT&T's debt, which totaled $143.7 billion on June 30, the sale could be a prelude to more...

  • BOSTON, Aug 18- Top Tesla Inc investors Fidelity Investments and T. Rowe Price cut their holdings in the second quarter and indicated they were taking profits from the electric car maker stock, which is up 65 percent this year. Sellers included Fidelity funds like Fidelity OTC Portfolio, which sold 1.62 million shares, or 43 percent of its position during the...

  • SAN FRANCISCO, Aug 17- A digital rights group based in San Francisco on Thursday criticized several internet companies for removing neo-Nazi groups from servers and services, saying the actions were "dangerous" and threatened free expression online. "We strongly believe that what GoDaddy, Google, and Cloudflare did here was dangerous," Cindy Cohn, executive...

  • SAN FRANCISCO, Aug 17- A digital rights group based in San Francisco on Thursday criticized several internet companies for removing neo-Nazi groups from servers and services, saying the actions threatened free expression online. "We strongly believe that what GoDaddy, Google, and Cloudflare did here was dangerous," Cindy Cohn, executive director of Electronic...