San Francisco Financial News

20.01 / 09:37

markets UPS IPO Platform Reddit social Exclusive-Reddit seeks to launch IPO in March - sources

By Echo Wang and Anirban Sen

20.01 / 07:47

Citi Provident Reuters Platform community social testing Waymo seeks to expand driverless service to Los Angeles

(Reuters) -Waymo, Alphabet (NASDAQ:GOOGL) Inc's autonomous driving unit, said on Friday it had applied to the California Public Utilities Commission to expand its driverless service in Los Angeles.

20.01 / 06:29

Citi Reuters Platform community social testing Schools Alphabet's Waymo seeks to expand driverless service to Los Angeles

Waymo, Alphabet Inc's autonomous driving unit, said on Friday it had applied to the California Public Utilities Commission to expand its driverless service in Los Angeles. A license would allow Waymo, which operates extensively in San Francisco, to fully operate its fleet in Los Angeles, California's largest city, where it is now testing rides, allowing new rides only by invitation.

19.01 / 22:19

markets Target Fox economy Sustainability President Interviews Fed's Daly warns it would be 'premature' to think rate cuts are around the corner

San Francisco Federal Reserve President Mary Daly gives her outlook on the U.S. economy and discusses the Fed's interest rate plan on 'Making Money.'

18.01 / 23:41

markets COST UPS Target President Cadillac ramps up Lyriq electric vehicle output as battery supply grows

By Abhirup Roy

18.01 / 23:41

markets IPO Platform Reddit TikTok social testing Reddit's March IPO: Testing Waters in a Competitive Market

Quiver Quantitative — Reddit, the popular social media platform, is advancing its plans for an IPO in March, making it the first major social media company to go public since Pinterest (NYSE:PINS) in 2019. This move comes as Reddit, along with its peers, faces intense competition in the advertising domain from platforms like TikTok and Facebook (META). Reddit's IPO could also be a litmus test for its user community, which has been central to various «meme» stock rallies, including those of GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC).

18.01 / 18:09

Platform Instagram show 2020 reports Features International Court documents underscore Meta's 'historical reluctance' to protect children on Instagram

Newly unredacted documents from New Mexico’s lawsuit against Meta underscore the company’s historical reluctance to keep children safe on its platforms

18.01 / 15:53

IPO Reuters Platform Reddit social reports Reddit planning to IPO in March - Reuters

Reddit plans to launch its initial public offering (IPO) in March, according to a report from Reuters on Thursday.

18.01 / 14:25

markets UPS Citi Target Reuters Platform Multibillionaire Thomson eyes greater slice of fintech industry

The investment firm for a member of the multibillionaire dynasty behind Thomson Reuters Corp. is looking to ramp up deal-making in New York City as it targets financial sector investments.

18.01 / 12:33

markets UPS IPO Platform Reddit social Exclusive-Reddit seeks to launch IPO in March - sources

By Echo Wang and Anirban Sen

18.01 / 08:21

UPS Platform Apple information 2020 Courts Apple Vs Epic Games: iPhone app developers granted access to alternative payments amid legal battle

the US Supreme Court declined to hear appeals from both Apple and Epic Games, effectively affirming a lower court ruling that favored Apple. Epic Games initiated the legal dispute in 2020, aiming to challenge Apple's control over the App Store, alleging the tech giant's monopoly practices. Central to the controversy was Apple's practice of charging up to 30 percent on all financial transactions within its app store, leading to accusations of an unjust "tax" on companies utilizing the platform.

18.01 / 01:01

UPS Manufacturing CEO Boeing President Schools Jeh Aerospace raises $2.75 million in funding round led by General Catalyst

Jeh Aerospace has raised $2.75 million in a seed funding round led by San Francisco-based venture capital firm General Catalyst. Pratyush Kumar, former president of Boeing India, and Dwarakanath Srinivasan, former CEO and managing director of Airbus India, also participated in the round.

17.01 / 20:56

Platform Election Research Universities country information prevention Here’s how ChatGPT maker OpenAI plans to deter election misinformation in 2024

ChatGPT maker OpenAI has outlined a plan to prevent its artificial intelligence tools from being used to spread election misinformation in 2024

17.01 / 20:55

UPS Citi Provident Waters community Flushing Billionaire backers of new California city reveal map and details of proposed development

After years of secretly snapping up property for plans to build a new California city, a company backed by Silicon Valley billionaires is taking the pitch to voters

17.01 / 17:45

markets UPS Citi Target Reuters Platform Financial Thomson scion of world’s 10th-richest family hunts for New York deals in financial sector

The investment firm for a member of the multibillionaire dynasty behind Thomson Reuters Corp. is looking to ramp up deal-making in New York City as it targets financial sector investments.

16.01 / 19:43

Provident Digital Apple Justice social Courts Videos US Supreme Court snubs Apple-Epic Games legal battle

Apple to a lower court's decision requiring changes to certain rules in its lucrative App Store, as the justices shunned the lengthy legal battle between the iPhone maker and Epic Games, maker of the popular video game "Fortnite." The justices also turned away Epic's appeal of the lower court's ruling that Apple's App Store policies limiting how software is distributed and paid for do not violate federal antitrust laws. The justices gave no reasons for their decision to deny the appeals.

16.01 / 18:17

UPS Provident Digital Software Research Schools OpenAI team to focus on democratic processes for artificial intelligence software

Artificial intelligence lab OpenAI is forming a new team to create democratic processes to shape how its AI software should be governed to address bias and other factors, the Microsoft-backed company said in a blog post on Tuesday. The «Collective Alignment» team is a continuation of the work of a grant program for funding democratic process experiments that was announced in May 2023, the San Francisco-based firm said. The program wrapped up recently.

16.01 / 12:01

CEO economy Election President rock Relationships NOT Trump is a 'transactional president' but may not rock the boat on China, Standard Chartered CEO says

Former U.S. President Donald Trump would be a «transactional president» if he returns to power, but is unlikely to blow up the Biden administration's rebuilding of relations with China, according to Standard Chartered CEO Bill Winters.

16.01 / 05:32

CEO Platform Election Research information prevention Lok Sabha elections 2024: OpenAI won't allow its AI to be used for ‘political campaigning, lobbying’

OpenAI has made a number of policy changes to prevent its generative AI-based technologies such as ChatGPT, Dall-e and the rest from undermining the 'democratic process' during upcoming elections. Notably, the world's leading democracies, including the US, UK and India, will go to the polls this year.

15.01 / 10:45

markets economy CME Trade President show track Rate Cut Dollar muted in thin trading; retail sales to drive rate cut expectations

Investing.com — The U.S. dollar traded in a muted fashion in early European trade Monday, with a U.S. holiday limiting activity as traders consider the chances of early rate cuts by the Federal Reserve.

14.01 / 12:39

markets Target JPMorgan economy wellness President reports week Top 5 things to watch in markets in the week ahead

Investing.com — Retail sales data and bank earnings will be the highlight of a holiday shortened week as markets await more insights on the health of U.S. consumers. Global leaders gather in Davos, China is to release full year GDP figures and oil prices look set to remain volatile. Here’s what you need to know to start your week.

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