City San Francisco Financial News
08.07 / 01:25
UPS
Citi
Provident
Twitter
Target
Booking
lawmakers
Indian
US lawmakers
Indian consulate attack: US lawmakers, Indian-American bodies condemn incident, seek thorough probe
Indian consulate in San Francisco and called for a thorough probe into the incident so that the perpetrators are brought to justice. While the right to protest is ingrained in the US Constitution, no one has the right to engage in violence, they said in separate statements and tweets on Friday. They also condemned the threats issued to Indian diplomats, including India's Ambassador to the US Taranjit Singh Sandhu, by separatist Sikhs and called on the Biden administration to ensure safety of foreign diplomats.
07.07 / 03:57
UPS
Citi
Twitter
Target
Action
lawmakers
Indian
US lawmakers
NOT
'Free speech does not mean…' US lawmakers Ro Khanna condemn attempted arson at Indian Consulate in San Francisco
violent rhetoric’ against India's Ambassador to the US Taranjit Singh Sandhu and said free speech does not mean a license to incite violence or vandalise property. Congressmen Ro Khanna in a tweet said that act is dangerous and has no place in a democracy. He also added that free speech does not mean a license to incite violence.
07.07 / 01:27
UPS
Citi
Target
Action
lawmakers
Indian
US lawmakers
US lawmakers, Indian-Americans condemn attack on Indian consulate in San Francisco, seek action against perpetrators
₹10 lakh on his head, was shot dead outside a gurdwara in Canada last month. In a joint statement issued on Thursday, Congressmen Ro Khanna and Michael Waltz, co-chairs of the Congressional Caucus on India and Indian-Americans, said violence against diplomatic facilities will not be tolerated. "As the co-chairs of the India Caucus, we strongly condemn the attempted arson and vandalism at the Indian Consulate in San Francisco and the posters circulating on social media with violent rhetoric aimed at Indian diplomats, including Ambassador Sandhu," they said.
05.07 / 01:55
Provident
Matthews
Khalistan
India strongly raises Khalistan vandalism with US, Canada & Australia
India strongly raised the matter of Khalistani threats and vandalism with Canada, the United States and Australia, said people with knowledge of the matter. Close on the heels of Prime Minister Narendra Modi’s US visit, the Indian consulate in San Francisco was allegedly vandalised by Khalistani separatists, drawing a sharp condemnation from the United States State Department. “The US strongly condemns the reported vandalism and attempted arson against the Indian Consulate in San Francisco on Saturday.
03.07 / 16:51
UPS
Provident
Microsoft
Platform
Software
Enterprise
generative AI
FOMO on Generative AI Breathes Life Into Listless Tech M&A
Booming demand for generative artificial intelligence is beginning to drive startup acquisitions in that space, as large technology providers vie for a piece of a suddenly captivating market. But the upswing could also help rekindle merger-and-acquisition business across the startup universe, analysts say.
03.07 / 11:45
30.06 / 13:05
UPS
Waves
MET
Waters
CEO
Surf's up: Financier with famous name looks to make an offshore break
Monday, June 26, was an atypical start to the week for Lionel Conacher. The San Francisco Bay-area financier woke up early and immediately checked the ocean weather conditions, as per his normal routine, but he did not proceed to map out his day based upon when the optimal time to go surfing was.
27.06 / 00:43
Adoption
NFT
regulation
NOT
Yes, the Secret Service has an NFT collection, and no, it’s not for sale
The United States Secret Service has finally shed more light on its bizarre nonfungible token (NFT) collection sitting on OpenSea.
20.06 / 19:41
Government
regulation
us government
Machine Learning
Silicon Valley
U.S.
Biden to discuss dangers of AI in San Francisco meeting with experts
United States President Joe Biden will discuss artificial intelligence (AI) with a group of Silicon Valley experts on June 20 between campaign fundraising stops in California.
17.05 / 16:49
Blockchain
Provident
Crime
Reddit
Holdings
Crypto Holdings
US Secret Service Reveals Crypto Holdings, Blockchain Fascination and NFT Collection in Reddit AMA
The US Secret Service has revealed that they are “definitely holders of crypto,” that they have a collection of non-fungible tokens (NFTs), and claimed that crypto has made it easier than before to track flows of illicit money.
16.05 / 14:21
Lightning Network
lightning
Nodes
Bitcoin
bitcoin lightning
Bitcoin Lightning company River raises $35M amid ‘new wave of institutional adoption’
The tide might have gone out on Bitcoin Ordinals, but there’s a strong undercurrent of investments in Bitcoin-only companies. River, a U.S.-based Bitcoin (BTC) technology and financial services company is the latest to make a splash.
15.05 / 15:21
Provident
Binance
Digital
Fighting
coinbase
Kraken
Reddit
US Secret Service to Host Reddit AMA on Cryptocurrency Crime Today – Here's What You Need to Know
The San Francisco-based Secret Service has collaborated with the Regional Enforcement Allied Computer Team (REACT) to host an ask me anything (AMA) session by 11 AM today on Reddit social media channel.
27.04 / 11:15
business
regulation
coinbase
IRS
Kraken
Kraken asks San Francisco court to intervene against IRS demands
Crypto exchange Kraken is taking the fight against the United States Internal Revenue Service (IRS) and its demand to present critical exchange user information to the court. The exchange deemed IRS’s demand for customer information as an “unjustified treasure hunt.”
13.04 / 21:17
Law
Payments
regulation
crimes
bob
Lee
San Francisco authorities make arrest in stabbing of Cash App creator Bob Lee
The San Francisco Police Department has arrested a tech executive named Nima Momeni in connection with the April 4 stabbing of Cash App creator Bob Lee.
05.04 / 06:19
business
crimes
Cash App creator dies following stabbing in San Francisco
Bob Lee, the former chief technology officer of Square and creator of Cash App has died following a stabbing in San Fransisco in the early hours of Tuesday, April 4 local time.
31.03 / 15:11
UPS
Waves
Target
Action
SVB
saga
NOT
San Francisco Fed leader Daly likely not a major player in SVB saga, officials say
San Francisco Fed President Mary Daly, whose district saw the second-largest bank failure in U.S. history and who has become a target of criticism, would not have typically been a key player in Silicon Valley Bank's supervision, several former and current fed officials told CNBC.
22.03 / 01:41
20.02 / 13:13
UPS
CBDC
Digital
Citizens
Progressive
San Francisco's Move to Hire CBDC Developer Signals Digital Currency Progress – Here's the Latest
Joining the growing ranks of public actors across the world who wish to jump on the central bank digital currency (CBDC) wagon, the Federal Reserve Bank of San Francisco is looking for an experienced CBDC developer under a job opening titled “Senior Application Architect - Digital Currency”.
10.01 / 16:53
WSJ
Transcript: San Francisco Fed President Mary Daly at WSJ Live Q&A Event
Federal Reserve Bank of San Francisco President Mary Daly discussed her outlook for the economy, inflation, wages and interest rates in an interview at a live Wall Street Journal event Monday. Here is a transcript lightly edited for clarity.
04.11 / 14:09
Twitter
Court
elon
Elon Musk faces class-action suit over mass Twitter layoffs
Amid Twitter beginning mass layoffs, the company employees are launching a class-action lawsuit against the new Twitter CEO, Elon Musk.
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