Airbnb sues San Francisco, escalating fight over city’s new home-sharing rules
Airbnb is not about to take San Francisco’s strict new home-sharing rules lying down. Escalating an ongoing fight over how the platform should be regulated, Airbnb on Monday sued its hometown in...
View Article‘Tech tax’ proposed in San Francisco amid growing tensions over startup boom
These days the Bay Area increasingly seems divided into two factions — the techies and everyone else — and it’s no secret the two groups aren’t always on friendly terms. A new proposal announced in San...
View ArticleFlightCar is grounded — San Francisco startup announces it’s shutting down
FlightCar is no more. The San Francisco startup, which provided an Airbnb-type solution to exorbitant airport parking costs, announced on Thursday it’s shutting its doors. The platform allowed users to...
View ArticleMayo-gate strikes $120 million, Silicon Valley-backed San Francisco vegan...
Problem No. 1 for San Francisco startup Hampton Foods was convincing investors to put money into a vegan goop made with oil, vinegar and pea protein that was ostensibly healthier than regular...
View ArticleGoogle to secretly test wireless internet delivery in Silicon Valley cities...
Google’s plans to deliver fiber-based ultrahigh-speed internet in Mountain View, Palo Alto and San Jose have been put on hold — and now the firm plans to test its wireless alternative in those cities....
View ArticleTallying new apartment construction in Silicon Valley: Hope amid the housing...
We’ve got jobs, jobs, jobs in the valley, but no place to put the workers when they clock out at night. Maybe there’s a ray of hope. A new report from the RENTCafé apartment-search website says that...
View ArticleSilicon Valley homeownership: Pretty much forget it, if you’re a millennial
Surprise, surprise. Young people can’t afford to buy homes in Silicon Valley. The folks at Earnest – the San Francisco-based lender – report that millennials in the San Francisco and San Jose...
View ArticleTwitter shares jump after co-founder says company must ponder sale
Shares of Twitter jumped on Wednesday after a company co-founder said the social network must ponder options such as a takeover. Twitter rose 4.5 percent Wednesday after co-founder Ev Williams told...
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Surprise! Silicon Valley is nation’s most expensive place to live
Domination. That’s what it’s all about. For the third time in five years, Silicon Valley ranks as the most expensive place to live in the U.S., according to a report by Coldwell Banker. It shows that...
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Believe it or not, rents may be falling in San Jose and San Francisco
Falling rents? What a concept. Especially in the Bay Area, ground zero for jumbo-sized rent hikes. But the latest research from Abodo, the apartment search website, shows something new: rents actually...
View ArticleIs Twitter sale near? Shares of Twitter jump while Salesforce’s fall
Shares of Twitter rose sharply Wednesday on word that a sale of the struggling company is nearing, despite questions about which suitor would be the best buyer for the social media site. San...
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Hard to believe, but rents fell again in San Jose and San Francisco
A pattern? A trend? How about a ray of hope? For the second month in a row, rents have fallen in San Jose and San Francisco. Mind you, renting still costs a fortune, but any hint of a downward trend in...
View ArticleTech fat cats want homeless tent camps gone from S.F. sidewalks
Ladies and gentlemen, start your shopping carts: If some big-money tech folks from San Francisco have their way, police there will be able to clear out sidewalk homeless camps upon 24 hours’ notice....
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Bay Area rents are falling, falling, falling
The message is becoming increasingly clear: Rents indeed are falling around the Bay Area. New data from the Axiometrics research firm show rents dropping in San Jose, San Francisco and Oakland. The...
View ArticleYelp shares jump after it posts surprise profit, announces job cuts
Yelp jolted Wall Street with a surprising profit, an unexpected boon to investors that fueled a big rally in the company’s stock on Wednesday. “We had an outstanding quarter,” said Jeremy Stoppelman,...
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Own a house? Nah, say rich renters — and their numbers are growing
Not everyone thinks that real estate equity is a good investment. That’s a quote from the folks at RentCafé, the apartment search website. Their new report, based on data from the U.S. Census Bureau,...
View ArticleTwitter bots boost Hillary Clinton, Donald Trump on social media
Twitter bots are believed to be driving the political discourse on social media on behalf of both Hillary Clinton and Donald Trump, according to a new report released by a pair of University of...
View ArticleAfter spring, yucky winter is best time to sell Bay Area homes
Conventional wisdom says that spring is the best time to list a house – and Redfin agrees. But guess which season is second best? Winter. That’s right. A Redfin analysis of more than 7 million homes...
View ArticleYou’ve heard it before, you’ll hear it again: The Bay Area housing market is...
Repeat, repeat, repeat: The Bay Area housing market is showing definite signs of cooling. That message — heard again and again in recent weeks — is amplified once more by a report from the California...
View ArticleWhat? National housing forecast for 2017 leaves Bay Area off its ‘hottest...
Where’s San Francisco? Where’s San Jose? Realtor.com’s 2017 housing forecast rubs a crystal ball to predict the nation’s 100 top markets — and if you’re used to seeing the Bay Area at the top of “hot”...
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