San Francisco Financial News

Samsung is dressing up its wearable devices in technology’s latest fashion — artificial intelligence

Vladimir Putin said that he may be forced to use nuclear weapons if the existence of his country is threatened, the specter of nuclear war has been haunting the US. It has increased with escalating the Russia- Ukraine War and mounting China-US pressure over Taiwan and the South China Sea. Amid these disturbing scenarios, a map has been released showing the potential targets in the US if a nuke war gets triggered. As many as 90 cities have found a place in the map, that may disturb not only their residents but also defense experts and the military.

Global software giant Microsoft Corp. will pay $14.4 million in California to settle allegations that it discriminated against employees who took protected leave from work

An ancient tree from India is now thriving in groves where citrus trees once flourished in Florida, and could help provide the nation with renewable energy

hacker gained access to the internal messaging systems at OpenAI last year and stole details about the design of the company's artificial intelligence technologies, the New York Times reported on Thursday. The hacker lifted details from discussions in an online forum where employees talked about OpenAI's latest technologies, the report said, citing two people familiar with the incident.

Do Americans want plant-based options at fast-food restaurants

₹105 crore. The cloud-based technology venture that converts standard websites into mobile-ready versions, started in 2009 as Mobstac. It had raised its first seed venture capital funding at a valuation of ₹7.7 crore, led by Accel and Mumbai Angels, with Blume Ventures joining in a secondary sale of shares later that year.

Joe Biden as the official presidential nominee of the Democratic party. This is after his “terrible” performance in the first US Presidential debate on Thursday. Though this may not be possible, some people are looking at potential candidates who could replace Biden. One such candidate is Gavin Newsom who is presently the Governor of the state of California, the hi-tech state of the US and home to the Silicon Valley. He is a supporter of Biden and may seem to be the ideal presidential nominee. However, there are several critics who are likely oppose his nomination, if at all Biden is replaced.

Amazon is reviewing claims that the artificial intelligence startup Perplexity AI is scraping content — including from prominent news sites — without approval

inflation is cooling, news that helped ease doubts over how well monetary policy is doing its job after stronger-than-expected price increases earlier in the year. But while progress on a month-to-month basis is increasingly clear, the road to the Fed's 2% inflation goal — measured in year-over-year terms — is likely to be long, complicating discussions about when to cut interest rates. «We are getting evidence that (policy) is tight enough,» San Francisco Federal Reserve Bank President Mary Daly told CNBC in an interview just minutes after a Bureau of Economic Analysis report showed inflation did not rise at all from April to May. «It's really challenging to look anywhere and not see monetary policy working: we have growth slowing, spending slowing, the labor market slowing, inflation coming down.»

Also drop by: Uber’s global headquarters, a massive swathe of glass and steel, on Third Street, San Francisco. At Menlo Park, Mark Zuckerberg’s Meta Platforms has established nothing short of a city sprawled across a claimed 1 million square feet of office space. The most impressive, however, is Meta’s latest building—which the company claims houses “the world’s largest open-plan office space." From the outside, an iconic visitor attraction of Silicon Valley is the erstwhile Facebook’s signature address billboard—a big ‘like’ button placed on a blue background that will remind you of the Facebook platform of yore.

Tesla must fix air quality problems at its electric vehicle manufacturing facility in the San Francisco Bay Area after racking up more than 100 violations for allegedly releasing toxic emissions into the atmosphere over the last five years

Aris Infra, a technology-driven construction material procurement platform, is looking to raise Rs 600-700 crore through an initial public offering (IPO). The Mumbai-based company is backed by high-net-worth individuals (HNIs) and family offices such as PharmEasy CEO Siddharth Shah, San Francisco-based Think Investments, and partners from private equity firms such as TPG Capital, Temasek, and BlackRock.

Amazon joined the exclusive $2 trillion club Wednesday after Wall Street investors pushed the value of the e-commerce giant’s stock past that threshold.

Amazon has joined the exclusive $2 trillion club after Wall Street investors pushed the value of the e-commerce giant’s stock past that threshold

General Motors has named a veteran technology executive with roots in the video game industry to steer its troubled robotaxi service Cruise

German automaker Volkswagen Group will invest up to $5 billion in U.S. electric-vehicle maker Rivian as part of a new, equally controlled joint venture to share EV architecture and software, the companies said on Tuesday.

Meme stocks like GameStop are hot again, reviving memories of early 2021 when they turned into a craze that ended up burning many investors along with Robinhood Markets

Nancy Pelosi's husband was convicted Friday of aggravated kidnapping, a conviction that mandates life behind bars without the possibility of parole. A San Francisco jury found David DePape also guilty of first-degree burglary, false imprisonment of an elder, threatening a family member of a public official and dissuading a witness.

dollar rose to a seven-week high against the yen on Thursday, while the sterling and euro fell amid on the U.S. economy is coming off the boil while traders watch for more data bolstering the case for a Federal Reserve rate cut this year. May retail sales released this week were tepid and the labor market appears to be weakening. The number of Americans filing new claims for unemployment benefits fell last week, but was still more than expected, data released on Thursday showed, indicating the jobs market remained strong despite a gradual cooling.

Snapchat Inc. will pay $15 million to settle a lawsuit brought by California’s civil rights agency