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Displaying items 56-66
  • Activists sue San Francisco over 'Google buses'

    Activists sue San Francisco over 'Google buses'
    There appears to be no prospect of peace in San Francisco when it comes to the parade of giant, corporate shuttles rumbling through the streets every day. On Thursday, a coalition of local activists filed a lawsuit asking a judge to prevent corporate...
  • Apple, Facebook post strong results

    Apple, Facebook post strong results
    Talk of Silicon Valley losing steam was put on hold as two technology titans, Apple Inc. and Facebook Inc., tallied better-than-expected quarterly earnings and revenue. Apple's stock climbed more than 7% in after-hours trading after it reported that...
  • Facebook's clout in wireless industry is growing fast

    Facebook's clout in wireless industry is growing fast
    SAN FRANCISCO — Less than two years ago, disillusioned investors were fleeing Facebook Inc. stock, worried the company would never figure out how to make the leap to mobile devices from personal computers, let alone make money on them. Now, more...
  • Confirmed: Facebook's $19-billion WhatsApp deal is Jaw-Dropping

    After the $19-billion WhatsApp deal was announced, I wrote a little blog post about where it ranked among other tech deals. I included the line:  "One day later, Silicon Valley is still trying to pick its collective jaw off the floor following news that...
  • How the other half commutes in Silicon Valley

     How the other half commutes in Silicon Valley
    SAN FRANCISCO — It's becoming a familiar scene in everybody's favorite city — luxury shuttles with Wi-Fi and plush seats barreling past sluggish, dilapidated city buses crammed with local residents standing elbow to elbow. The nerd convoy,...
  • Nasdaq plunges on tech stock sell-off

     Nasdaq plunges on tech stock sell-off
    A plunge in once-soaring technology shares sent Nasdaq into a triple-digit decline and yanked the rest of the stock market down with it. Erstwhile darlings such as Netflix Inc. and Facebook Inc., as well as biotechnology highfliers such as Intercept...
  • Camera makers face shakeout as smartphones shatter mirrorless hopes

    Camera makers face shakeout as smartphones shatter mirrorless hopes
    TOKYO (Reuters) - Panasonic Corp and Japan's other mid-tier camera makers have a battle on their hands to win over a smartphone "selfie" generation to mirrorless cameras that held such promise when they were launched around five years ago. Panasonic,...
  • Tech giants push for limits on government surveillance

    (Reuters) - Eight U.S. web giants have joined hands to start a public campaign for new limits on how governments collect user information amid concerns of growing online surveillance. The companies — Google Inc, Microsoft Corp, Apple Inc, Facebook...
  • After Zynga announcement, bitcoin price tops $1,000

    After Zynga announcement, bitcoin price tops $1,000
    The price of bitcoin shot up past $1,000 Monday after Zynga, an online gaming company, announced it would test using the digital currency as payment. Bitcoin, the volatile unregulated currency, has hit highs and lows in recent weeks and has gained...
  • Nasdaq and NYSE are courting Twitter listing

    Nasdaq and NYSE are courting Twitter listing
    NEW YORK — As Twitter Inc. shops for a home on Wall Street, the Nasdaq Stock Market and New York Stock Exchange are cranking up the charm — just like they've done with other tech stars. As real estate listings website Zillow Inc. was going...
  • Investing in the Facebook IPO? You may have a mental disorder

    Thinking about buying Facebook stock? You may be suffering from a mental disorder. No, really. If you are thinking about buying Facebook, first make sure you are not suffering from Stockholm syndrome. This paradoxical psychological phenomenon refers to...