San Francisco Financial News

12.07 / 01:15

Twitter Reuters Platform Action Align Reddit Immunic Reddit triumphs as WallStreetBets founder's lawsuit crumbles

Reddit. The founder, Jaime Rogozinski, had accused Reddit of unjustly banning him from moderating the community and infringing on his trademark rights, Reuters reported. According to Rogozinski, Reddit removed him in April 2020 to prevent him from controlling the renowned brand that contributed to Reddit's substantial valuation of $10 billion by late 2021.

12.07 / 00:51

COST UPS Platform ANZ end Rupee and bonds rebound on hopes Fed nearing end to hikes

bonds and the rupee have staged a smart recovery as concerns over how much higher US interest rates may head have been soothed by a lower-than-anticipated American jobs number and comments by Fed officials hinting at the end of tightening. Yield on the 10-year benchmark government bond has eased 7 basis points from its close of 7.16% on Friday, largely tracking a steep fall in US government borrowing costs. Bond prices and yields move inversely.

11.07 / 16:53

Microsoft Takeover Activision Judge hands Microsoft a big victory, declines to stop its $69 billion takeover of video gamemaker Activision Blizzard

Judge hands Microsoft a big victory, declines to stop its $69 billion takeover of video gamemaker Activision Blizzard

11.07 / 16:53

BLOCK Microsoft CEO Platform Sony Nintendo Activision Microsoft can move ahead with record $69 billion acquisition of Activision Blizzard, judge rules

A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard

11.07 / 16:13

FIVE Reuters Tesla Highways EV charger maker Tritium wins order from Hawaii under federal funding program

By Abhirup Roy

11.07 / 15:29

UPS BLOCK Microsoft Mobile Tencent Sony US court Activision Microsoft wins US court nod to buy Activision in FTC loss

Microsoft Corp. won a court’s okay to move forward with its $69 billion deal to buy Activision Blizzard Inc., defeating an effort by the US Federal Trade Commission to block the largest ever gaming deal. The decision by Judge Jacqueline Scott Corley in San Francisco means Microsoft can seek to close its merger with Activision ahead of a July 18 deadline everywhere except for the UK, which vetoed the deal in May.

11.07 / 11:41

UPS Manufacturing Platform boost Applied Materials aims to boost chip factory productivity with new tech

By Stephen Nellis

11.07 / 10:39

UPS Target Williams Progressive Gap Assurant rate hikes Fed officials sound hawkish tone on rate hikes

Three Federal Reserve officials on Monday said policymakers will need to raise interest rates further this year to bring inflation back to the central bank’s goal.

11.07 / 10:17

UPS Amazon NASDAQ DOW Apple Fed officials discuss rates, Amazon Prime Day arrives - what's moving markets

Investing.com — Comments from Federal Reserve policymakers spark hopes that the central bank's campaign of interest rate hikes may soon be reaching a conclusion, albeit after a potential increase later this month. Elsewhere, Amazon kicks off its Prime Day sales event and Apple launches a store on megapopular Chinese messaging app WeChat.

11.07 / 00:49

COST UPS Citi Provident VISA Edison How GCCs stole the thunder from IT firms

BENGALURU / NEW DELHI : NatWest Group Plc., a Scotland-headquartered banking and insurance holding company, has two engineering hubs, in Poland and India. They house about one-third of NatWest’s global employees. While half of the company’s India workforce works on technology and data analytics, it is also increasing its focus on artificial intelligence (AI) and generative AI applications.

10.07 / 20:33

COST UPS Target Progressive Action end Fed closing in on end of rate hiking cycle, central bank officials say

By Ann Saphir and Michael S. Derby

10.07 / 19:37

UPS Reuters Progressive Platform Fighting Remark Oil slips on U.S. inflation, Fed rhetoric

Investing.com — The inflation/Fed rate hike rhetoric has stepped up again with the imminent release of U.S. consumer price data, and the oil market seems to be paying for it more than other risk assets.

10.07 / 19:37

UPS Lowe's RIC rate hikes Low week US dollar drops to three-week low as Fed rate hikes nearly done

By Gertrude Chavez-Dreyfuss

10.07 / 10:27

UPS Citi Waves Booking CEO Metro Airbnb bookings dip in Austin, San Francisco prompting ‘doom loop’ fears

Reventure Consulting and Reventure App CEO Nicholas Gerli says the housing market is in a purgatorial state on Making Money.

10.07 / 02:05

Facebook Booking Microsoft Action Simulation Copyright lawsuits Comedian Sarah Silverman, 2 authors file copyright infringement lawsuits against Meta, OpenAI

OpenAI, accusing them of using their content without permission to train artificial intelligence language models. The class action lawsuits were filed in the federal court of San Francisco on Friday. Silverman, Kadrey, and Golden claim that Facebook's parent company Meta and ChatGPT maker OpenAI, which is supported by Microsoft Corp, utilized copyrighted material from their books to train chatbots.

09.07 / 23:55

Facebook Booking Microsoft Platform Action Copyright Sarah Silverman sues Meta, OpenAI for copyright infringement

By Jack Queen

09.07 / 18:35

Target Action BAY Khalistan Indian Threat 11 Indian Missions were on high alert due to Khalistan threat

Khalistani elements on Saturday. While no untoward incident took place as the countries responded with a show of strength and kept mobs at bay, India is looking for such strong security measures as a matter of norm to deal with future threats as well.

09.07 / 11:31

Lowe's MET Cooper Progressive Action Assurant Rocky Yellen sees 'progress' in rocky US-China ties, expects more communication

By Andrea Shalal

09.07 / 11:31

Target Reuters Booking JPMorgan Citigroup Chase week Top 5 things to watch in markets in the week ahead

Investing.com — U.S. inflation data for June will be in focus with the Federal Reserve all but certain to hike rates again later this month. Earnings season kicks off with results from big banks, while data out of China is expected to point to ongoing economic weakness. The Bank of Canada is expected to hike rates again and oil prices could be poised to break out to the upside.

09.07 / 03:35

UPS Twitter Man Action Tesla SpaceX elon Elon Musk's X Corp files lawsuit against law firm to recoup fees from Twitter buyout

World's richest man and the owner of Tesla and SpaceX, Elon Musk, took legal action against law firm Wachtell, Lipton, Rosen & Katz. In the lawsuit, Elon Musk claimed it took advantage of the company while running up a $90 million bill. Twitter owner has demanded the recovery of the $90 million fee his company gave to the law firm for defeating his bid to walk away from his $44 billion buyout of the social media company.

09.07 / 01:57

UPS Citi Target Indian Pro-Khalistani protests outside Indian High Commission target Indian diplomats in UK

pro-Khalistani protestors during a demonstration outside the Indian High Commission on Saturday, according to ANI reports. However, the United Kingdom saw a significantly subdued protest outside the Indian High Commission in London on Saturday, with only 30-40 pro-Khalistanis showing up between 12.30 pm and 2.30 pm GMT yesterday.

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