San Francisco Financial News

05.03 / 14:29

markets Google Gemini Invesco performer Google stock lags behind QQQ as the Gemini controversy adds to the woes

The Magnificent Seven companies, the world’s biggest seven stocks, extended their 2023 momentum this year and continue driving the broader equity market to new peaks.

05.03 / 05:51

UPS Twitter CEO awards Bill Courts Former Twitter executives sue Elon Musk over firings, seek more than $128 million in severance

Former senior executives of Twitter are suing Elon Musk and X Corp., saying they are entitled to a total of more than $128 million in unpaid severance payments

05.03 / 05:51

UPS Provident Google Racing Gemini Trade AI chatbot rivalry accelerates again with new Claude chatbots from Anthropic, an OpenAI rival

The race to build the smartest artificial intelligence chatbot completed another lap Monday when startup Anthropic unveiled a new AI model it says is more than advanced than those before it

05.03 / 02:17

UPS Twitter CEO awards Bill Courts Former Twitter CEO Parag Agrawal, others sue Elon Musk over firings, seek over $128 mn

Twitter are suing Elon Musk and X Corp., saying they are entitled to a total of more than USD 128 million in unpaid severance payments. Twitter's former CEO Parag Agrawal, Chief Financial Officer Ned Segal, Chief Legal Counsel Vijaya Gadde and General Counsel Sean Edgett claim in the lawsuit filed Monday that they were fired without a reason on the day in 2022 that Musk completed his acquisition of Twitter, which he later rebranded X. Because he didn't want to pay their severance, the executives say Musk «made up fake cause and appointed employees of his various companies to uphold his decision.»

04.03 / 23:19

markets Tesla Trade War country Tesla shares skid after China sales fell to the lowest level in over a year

By Hyunjoo Jin

04.03 / 13:11

markets COST Platform wellness Trade International DoorDash shares inch higher after RBC upgrades rating of delivery service

Investing.com -- Shares in DoorDash (NASDAQ:DASH) ticked higher in premarket U.S. trading on Monday after analysts at RBC Capital Markets raised their rating of the delivery service.

04.03 / 06:55

UPS Provident Micron Trade Justice Department U.S. Defeat in Micron Trade-Secrets Case Reveals Struggle Countering Beijing

U.S. officials across the political spectrum have described Chinese corporate theft as a defining threat of our times. A Justice Department loss last week underscores the challenges in addressing it.

04.03 / 03:28

CEO Fighting security prevention donates Courts rights Elon Musk sues OpenAI and CEO Sam Altman, claiming betrayal of its goal to benefit humanity

Elon Musk is suing OpenAI and its CEO Sam Altman over what he says is a betrayal of the ChatGPT maker’s founding aims of benefiting humanity rather than pursuing profits

04.03 / 03:27

UPS Citi Twitter Google Universities 2020 California authorizes expansion of Waymo's driverless car services to LA, SF peninsula

California regulators have authorized Waymo to expand services of its fleet of robotaxis into Los Angeles and to cities on the peninsula south of San Francisco

03.03 / 05:23

Maxim CEO Platform Research reports Courts International NOT Why did Elon Musk sue ChatGPT maker? Top OpenAI executive says Musk ‘regrets not being involved with…’

Microsoft. While categorically denying Musk's claims about OpenAI, Kwon said the billionaire "regrets not being involved with the company today," according to an internal memo cited by Bloomberg.

02.03 / 00:05

UPS FIVE Williams SEC Updates Robertson Stephens welcomes veteran $180M team

Robertson Stephens, a San Francisco-based RIA, crossed a significant milestone as it welcomes another practice. The firm has officially surpassed the $5 billion AUM mark with the addition of the Thrush Group, a practice in Westport, Connecticut, that caters to private business owners, corporate executives, and finance professionals.

01.03 / 20:19

UPS Reuters Google Research Experts reports Courts Elon Musk sues OpenAI for abandoning original mission for profit

By Jahnavi Nidumolu, Aditya Soni and Akash Sriram

01.03 / 10:39

Twitter Platform Research Trade social reports Courts Musk's X asks judge to penalize nonprofit researchers tracking rise of hate speech on platform

Attorneys for X Corp. and a research organization that studies online hate speech have traded arguments in court in a legal battle over the organization's reports on the increase in hate speech on the site since it was purchased by Elon Musk in 2022

01.03 / 02:27

Twitter Digital Platform Tesla Courts Videos US judge signals Elon Musk's X may lose case against hate speech watchdog

Japan birth rate hit record low levels amid depopulation fears, Elon Musk reacts U.S. District Judge Charles Breyer was skeptical that when the nonprofit entered the standard user contract governing all Twitter and X users, it could have foreseen that Musk would buy Twitter for $44 billion in 2022 and welcome back users it had banned for posting hateful content. "You're telling me ...

29.02 / 19:09

UPS Citi Election Nov community gatherings Schools A billionaire-backed campaign for a new California city is off to a bumpy start. Again

A billionaire-backed proposal to build an eco-friendly California city from scratch is off to a bumpy start to put their idea before voters this November

29.02 / 13:56

UPS CEO NVIDIA Research wellness President Humanoid robot-maker Figure partners with OpenAI and gets backing from Jeff Bezos and tech giants

ChatGPT-maker OpenAI is looking to fuse its artificial intelligence systems into the bodies of humanoid robots as part of a new deal with robotics startup Figure

29.02 / 13:55

UPS Provident Digital Fighting information Courts Digital outlets The Intercept, Raw Story and AlterNet sue OpenAI for unauthorized use of journalism

News industry lawsuits are piling up for OpenAI, the company behind artificial intelligence-fueled chatbot ChatGPT

29.02 / 12:13

Twitter Digital Platform social reports Courts Lawsuit by Elon Musk's X against hate speech watchdog heads to court

By Jonathan Stempel

28.02 / 07:43

Provident Nissan plans addresses ‘Taxi Driver Shortage’ in Japan with autonomous ride-share program: All details

20 vehicles equipped with a safety monitor in the driver's seat. Passengers will have the ability to make reservations for the autonomous ride-share service. Nissan intends to engage in safety-related discussions with the government and proceed with a gradual rollout of the program.

27.02 / 23:13

UPS Provident CEO Fighting Strategy information Department Macy's to close 150 stores as it pivots to luxury at Bloomingdale's and Blue Mercury

Macy’s will close 150 unproductive namesake stores over the next three years, including 50 by year-end

27.02 / 23:13

markets UPS Provident Waves Digital Software Microsoft's new deal with France's Mistral AI is under scrutiny from the European Union

The European Union is looking into Microsoft’s partnership with French startup Mistral AI

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