Uber board member: Yes, we are worth $17 billion
“Uber isn’t worth $17 billion.” That was the headline last month on Nate Silver’s fivethirtyeight for a piece of analysis written by New York University finance professor Aswath Damodaran. His basic...
View ArticleGov. Jerry Brown sweetens the deal for Tesla to expand in California
The stated intent of a $420 million tax credit Gov. Jerry Brown signed into law Thursday was to help aerospace goliath Lockheed Martin bid for a $55 billion federal contract for a strategic bomber...
View ArticleEBay to divulge how many non-white males work there
Add eBay to the list of Silicon Valley tech companies that have promised to reveal the demographics of their workforce — after some very public arm-twisting by the Rev. Jesse Jackson and others. “We do...
View ArticleSalesforce employs just as many white guys as the rest of the tech world
As we’ve often documented, San Francisco’s Salesforce.com is a philanthropic leader in the region, and has led the charge in trying to address poverty and the wealth divide around the Bay Area. But its...
View ArticleVenture capitalist Tim Draper’s newest biz: Selling ‘Six Californias’ ties
There are many questions to ask now that Silicon Valley venture capitalist Tim Draper’s proposal to split California into six states appears headed for the November 2016 ballot. Like, where can you buy...
View ArticleWho is breaking into San Francisco startups? (VIDEO)
UPDATE: San Francisco police spokesman Gordon Shyy just offered this update Monday: “Just spoke with our investigations team and what we can say is that there have been more reports of burglaries. In...
View ArticleConservative and liberal techies embrace immigration doc ‘Underwater Dreams’
It’s rare to find anything that’s embraced by both the right and the left. Especially anything about immigration. But that’s exactly the case with the new documentary “Underwater Dreams.” It got a run...
View ArticleSF Cops: Burglaries up, and more reported because of video
We just got an update from San Francisco police spokesman Gordon Shyy in the wake of our recent post about how San Francisco startups have been broken into recently — and snagged video footage of one...
View ArticleBroadband activists to FCC: Hold Comcast accountable before Time-Warner deal
As part of its takeover of NBC-Universal in 2010, Comcast promised Federal Communications regulators that it would help give low-income residents better access to broadband, offering a bridge across...
View Article‘Don’t kill the Internet,’ protesters urge Obama in Los Altos
While President Obama was raising hundreds of thousands of dollars at two Bay Area fundraisers Wednesdays, protesters urged him to keep a promise he made to ensure that the Internet remains a level...
View ArticleAl Gore suing Al Jazeera over Current TV deal
Jaws are still scraping the floor over the whopping $500 million Qatar-owned Al Jazeera paid for former Vice President Al Gore’s San Francisco startup Current TV. But Gore, who was to pocket $100...
View ArticleOne in five Alameda County residents use food banks
While the Bay Area unemployment rate is at its lowest rate in years, a new national survey says one in five Alameda County residents gets food from the Alameda County Food Bank -- a rate higher than...
View Article‘The future of ride-sharing in California is now truly at stake.’ Really?
Supporters of app-based ride companies were livid Wednesday about the new changes to a state bill — AB 2293 — aimed at regulating the Ubers and Lyfts of the world. As of next July, drivers would be...
View ArticleBest way to rebrand net neutrality? Call it ‘Beyonce’
Rep. Anna Eshoo, D-Palo Alto, is all over the issues that affect her Silicon Valley-based district, like net neutrality. But she knows one of the biggest problems with net neutrality is the fact it is...
View ArticleFor the elite at Burning Man: ’10 Principles of Earning Man’
The national wealth gap conversation has infiltrated Burning Man this year — thanks to pieces like this that talk about how wealthy techies have gentrified the Playa with their plug-and-play camps. Or,...
View ArticleCops cuff 12 protesting low security guard wages at SF Apple store
Apple was the subject of heated protest Thursday — and not just from those frustrated they didn’t land an invite to the company’s much-hyped press conference next month. Police hauled away a dozen...
View ArticleThe Internet won’t really slow down on ‘Internet Slowdown Day’
The latest online demonstration to support keeping the Internet a level playing field sounds more drastic than it is: A host of left-leaning groups are calling next Wednesday “Internet Slowdown Day” to...
View ArticleDisrupt ‘Disrupt’: A moratorium on ‘disruptive’ hackery
On this, the High Holy Week of overusing the word “disruption”, we’re calling for a moratorium on the gratuitous use of the word “disrupt.” And no, we’re not just looking at you, USC, for the new...
View ArticleMinimum wage workers are largely white, about half women
So who is making the minimum wage? With voters in San Francisco and Oakland looking at ballot proposals to raise the minimum wage this fall, Pew Research Center breaks down some U.S. Bureau of Labor...
View ArticleCalifornia taxes aren’t low, but among the ‘fairest’ in the country
Conservatives love to rip California for its high tax rate. But a new study out Monday says that California has the eighth-most “fair” tax system in the country. The fairest? Montana. The most unfair?...
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