San Francisco Financial News

Instacart Inc. is planning an initial public offering as soon as September, according to people familiar with the matter, adding to a potential rebound for US listings. The largest US online grocery-delivery company could publicly file its plans for an IPO with the US Securities and Exchange Commission as soon as next week, said the people, who asked not to be identified because the information was private.

Taiwan on Saturday as a «stern warning» after voicing anger over a stopover in the United States by the island's vice president, William Lai. Lai, who is the frontrunner in Taiwan's presidential election next year, stopped in New York and returned via San Francisco on a trip to Paraguay, one of a dwindling number of nations that diplomatically recognise Taipei.

California's autos regulator said on Friday it is investigating «recent concerning incidents» involving autonomous vehicles operated by General Motors unit Cruise in San Francisco and asked the company to take half its robotaxis off the roads. The statement from California Department of Motor Vehicles (DMV) came after a Cruise robotaxi was involved in a crash with an emergency vehicle in San Francisco late on Thursday, the latest accident involving the self-driving cars. The regulator also said it has asked Cruise to immediately reduce its active fleet of vehicles by 50% until the investigation is complete and Cruise takes actions to improve road safety.

San Francisco has launched an autonomous shuttle service — less than a week after California regulators approved the expansion of robotaxis despite traffic and safety concerns. The free shuttle will run daily in a fixed route called the Loop around Treasure Island, the site of a former U.S. Navy base in the middle of San Francisco Bay.

Personal finance expert and 'The Ramsey Show' host Dave Ramsey joins 'Fox & Friends' to discuss Americans making 'hardship' withdrawals from their 401(K)s, student loan debt and shares tips on how to improve finances.

William Lai returned on Friday from a sensitive visit to the United States, thanking Taiwanese people supporting a trip he said showed the island's «self confidence» venturing into the international community. «Because of everyone's hard work, Taiwan's power is stronger and stronger, and it showed the international community that Taiwan is a force for good, that the international community really pays great attention to Taiwan,» he said.

China put into force this week its newest regulations on artificial intelligence-generated content, a watered-downed version of stricter draft rules that seek to keep the country in the AI race while maintaining firm censorship on online content. Rapid advancements in generative AI have stoked global alarm over the technology's potential for disinformation and misuse, with deepfake images showing people mouthing things they never said.

One of Greg Friedman’s favorite photos from his many visits to Maui over the last four decades is an image of his father and his then five-year-old twins at the Lahaina train station.

YouTube of restricting or removing videos from Black and Hispanic content creators because of their race. US District Judge Vince Chhabria in San Francisco said that although the idea that YouTube's algorithm could discriminate based on race is plausible, the plaintiffs «do not come close» to suggesting they suffered any discrimination.

The Justice Department says two Pinterest directors resigned from Nextdoor’s board of directors in response to the department's efforts to enforce an antitrust law aimed at barring executives from holding similar positions at rival companies

Investing.com — Visa (NYSE:V) is facing heightened scrutiny from the U.S. Justice Department over how much the payment group charges merchants for technology it uses to safeguard cardholder data, Bloomberg News reported Wednesday.

Almost a week after the Apple faithful collectively gasped at the first evidence that the iPhone's “end call” button might soon be shifting upward and a column to the right, it looks like the whole thing might have been a false alarm

Indian Embassy beefed up. A large number of police personnel were deployed outside the premises of the Indian embassy, a video posted by news agency ANI showed. This came after Pro-Khalistan groups had planned to stage protests outside the Indian Embassy in Washington DC amid a scheduled Independence Day celebration.

HP Inc. has failed to shunt aside claims in a lawsuit that it disables scanners and other functions on its multifunction printers whenever the ink runs low

California’s only native sunfish, Sacramento perch, was once so abundant it was a regular staple in San Francisco’s markets, but its numbers declined with the introduction of non-native fish in the early 20th century and today it exists in little more ...

Foo Fighters concert in San Francisco. During the show, Foo Fighters frontman Dave Grohl initiated a playful act by questioning the audience's familiarity with Bublé's 2009 hit, «Haven't Met You Yet,» while introducing drummer Josh Freese. Freese, who has played alongside both Bublé and Foo Fighters, joined the band after their drummer Taylor Hawkins' passing. Grohl addressed the audience's claims of knowing the Bublé song, stating that many had volunteered but didn't actually know it. He asked, «Who knows the song?» In an unexpected twist, Bublé himself emerged in the crowd, holding a sign that read, «I [heart] Bublé.» Amidst cheers, Grohl acknowledged Bublé's presence, humorously remarking, «We've got a superfan. He better know the song.» Bublé confidently took the microphone and, with Freese on drums, began singing the song. Grohl playfully complimented Bublé, saying, «OK, this guy's pretty good. This guy's pretty good.» Together, they completed the song before Grohl formally introduced Bublé and recounted his journey to the stage. Grohl praised Bublé's dedication, revealing that the Canadian singer had flown all the way from Argentina that day to perform the song. Grohl's comment on taking a joke to an extreme highlighted Bublé's commitment to the light-hearted prank. In this unexpected cameo, Michael Bublé blended his talent with Foo Fighters' performance, showcasing a seamless collaboration between two well-known artists. The surprise appearance delighted the audience, adding a memorable moment to the concert experience.

By Jonathan Stempel

UBS Wealth Management has added another advisor team from Merrill Lynch and not for the first time this year.

OpenAI will manage its situation, in response to a report forecasting potential bankruptcy for the AI research lab in the coming year. The report cited significant daily expenditures, notably around $700,000 (approximately ₹5.8 crore), dedicated solely to one of its groundbreaking products: the innovative ChatGPT.

labour market. That makes wages a lagging, not a leading, indicator for inflation. Adam Shapiro, an economist with the San Francisco Fed, has been even more critical of the wage worries.

San Francisco, giving the green light for operators Waymo and Cruise to compete with ride-share services and cabs. The California Public Utilities Commission (CPUC) heard six hours of public comment before voting three-to-one to let Waymo, a unit of Google-parent Alphabet, and General Motors-owned Cruise essentially run 24-hour robotaxi services in San Francisco. «Today is the first of many steps in bringing AV (autonomous vehicle) transportation services to Californians and setting a successful and transparent model for other states to follow,» said CPUC commissioner John Reynolds, who voted in favor of approval.