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GoPro shares leap on partnership deal with National Hockey League (video)
Shares of GoPro surged nearly 9 percent today after the San Mateo company signed a partnership with the National Hockey League, the first professional sports league deal for the wearable camera maker....
View ArticleUC Berkeley plans global campus in Richmond
Officials at the University of California at Berkeley are planning a global campus on 134 acres of land that the university owns in Richmond, according to a report in the San Francisco Chronicle. UC...
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Oakland Raiders ink short-term lease for Coliseum
The Oakland Raiders will play in the Coliseum through the 2015-2016 football season after signing a short-term lease with the agency overseeing the stadium. The Joint Powers Authority and the Raiders...
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Twitter shares plunge after — 'oops!' — prematurely posting disappointing sales
Twitter Inc. shares dived after the San Francisco-based micro-blog social media company posted its disappointing financial results nearly an hour too early. Twitter (NYSE:TWTR) had originally planned...
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Updated: 4 companies that could buy Salesforce
(Updated with more information on Oracle.) Saleforce.com Inc.’s market cap soared 11.6 percent to nearly $50 billion on Wednesday on a report that it’s working with financial advisers after receiving...
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Report: Microsoft evaluating bid for Salesforce
Microsoft Corp. is evaluating an offer to buy Salesforce.com, according to a report by Bloomberg News, following a takeover approach for San Francisco's largest tech employer by an unnamed company....
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Rocket Fuel rejects bid from 'G' Chahal's Gravity 4
Rocket Fuel Inc., the Redwood City-based ad technology company that received a $350 million takeover offer from controversial tech entrepreneur Gurbaksh "G" Chahal last week, rejected the bid as "not...
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Brogrammers favorite coffee chain Blue Bottle snags a Venti refill of funding
Blue Bottle, the Oakland-based artisanal coffee chain bent on an acquisition and expansion tear, just got another refill of funding, this time a Venti. The investors leading the $70 million funding...
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Twitter CEO Dick Costolo steps down
Twitter Inc. CEO Dick Costolo will step down and co-founder Jack Dorsey will return to the company as interim CEO. Shares of Twitter (NYSE: TWTR) leaped almost 8 percent in after-hours trading to...
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Fedex to pay $228 million to settle independent contractor case
Fedex has agreed to pay $228 million to settle litigation claiming the company short-changed its drivers on pay and benefits by improperly labeling them as independent contractors. The settlement...
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Fedex to pay $228 million to settle independent contractor case
Fedex has agreed to pay $228 million to settle litigation claiming the company short-changed its drivers on pay and benefits by improperly labeling them as independent contractors. The settlement...
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Why Fedex's $228 million settlement may dent Uber, Lyft, Postmates, Homejoy...
San Francisco on-demand ride and delivery apps such as Uber and Lyft, which rely on armies of low-cost independent contractors, may face more lawsuits and legal work in the wake of a $228 million...
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Meet the ex-Uber driver in San Francisco who won a labor case against the...
The California Labor Commissioner has ruled that an Uber driver in San Francisco is an employee of the ride-hailing app company and not an independent contractor as Uber claims, a decision that could...
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Labor cases filed against Shyp, Washio, Postmates
The lawyer suing Uber and Lyft, seeking to force the on-demand app companies to classify their drivers as full-time employees, has filed similar complaints against Shyp, Washio and Postmates this week...
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Paypal buys San Francisco company for $890 million
Paypal said it agreed to buy San Francisco-based digital money transfer provider Xoom for $890 million, or $25 a share in cash. Xoom helps people in the U.S. transfer money to relatives in places such...
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Wells Fargo considers robo advisory service
Wells Fargo (NYSE: WFC) is considering offering a robo advisory service in its private wealth arm. Automated investment services have sprouted in the San Francisco Bay Area. They include Wealthfront,...
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Yelp stock plunges after chopping sales forecast
Shares of Yelp slid as much as 29 percent in on Wednesday after it reduced its revenue forecast for the rest of this year. The San Francisco-based online review site said sales would be lower than...
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Twitter shares plunge after its top execs diss ability to grow active users...
Twitter shares plunged 14.5 percent today, losing $2.4 billion in market value, after its top executives candidly admitted that radical changes are needed to make the mini-blog social media site easier...
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Theranos corrects blood test results for past two years
Theranos Inc. said it has corrected tens of thousands of blood tests for the past two years, informing doctors and patients of errors. The company admitted the test corrections to the Centers for...
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This Chinese billionaire bought a stake in Lending Club
A Chinese billionaire has purchased an 11.7 percent stake in beleaguered San Francisco fintech Lending Club, and he has stock options to buy even more. Chen Tianquao, who founded the video game maker...
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