San Francisco Financial News

08.07 / 14:31

UPS Citi Disney Landmark Parke BAY San Francisco's new venture capital hotspot: The Presidio

By Krystal Hu

08.07 / 10:49

UPS Citi Disney Landmark Parke BAY National park San Francisco's new venture capital hotspot: a national park a world away from downtown

Venture capital firm Headline used to be in one of San Francisco's most eye-catching skyscrapers: the pyramidal Transamerica building that has defined the skyline for decades. Employees enjoyed the views from the 43rd floor and the convenience of being downtown. Then came the pandemic.

08.07 / 08:15

Twitter Remark Khalistan Indian Indian diplomats in US, UK and Canada brace for the Khalistan protests on 8 July

Canada war zones. Yesterday, US lawmakers and several Indian-American community organisations denounced the recent attack on the Indian consulate in San Francisco and called for a thorough probe into the incident. A video by Khalistan supporters, dated July 2 and posted on Twitter, showed the act of arson at the Indian consulate in San Francisco.

08.07 / 08:15

Provident Twitter Platform Action Tesla Discover SpaceX elon Elon Musk's X Corp files lawsuit against Wachtell, Lipton and others. Here's why

Lipton, Rosen & Katz. The lawsuit aims to recover a significant portion of the $90 million fee that the law firm received for successfully preventing Musk from abandoning his $44 billion acquisition of Twitter. The complaint was lodged on Wednesday in the California Superior Court located in San Francisco.

08.07 / 03:53

Twitter Platform Tesla SpaceX elon Elon Musk sues Wachtell law firm to recoup fees from Twitter buyout

The complaint by Musk's X Corp, which owns Twitter, was filed on Wednesday in the California Superior Court in San Francisco. Musk accused Wachtell of exploiting Twitter by accepting, in the final days before the October 27, 2022 deadline to buy Twitter, a huge «success» fees doled out by departing Twitter executives who were grateful that Musk would be forced to close. The world's richest person, who also runs Tesla Inc and SpaceX, called the $90 million payout «unconscionable,» given that Wachtell had billed less than one-third that sum for its few months of work on the Delaware lawsuit.

08.07 / 01:25

UPS Citi Provident Twitter Target Booking lawmakers Indian US lawmakers Indian consulate attack: US lawmakers, Indian-American bodies condemn incident, seek thorough probe

Indian consulate in San Francisco and called for a thorough probe into the incident so that the perpetrators are brought to justice. While the right to protest is ingrained in the US Constitution, no one has the right to engage in violence, they said in separate statements and tweets on Friday. They also condemned the threats issued to Indian diplomats, including India's Ambassador to the US Taranjit Singh Sandhu, by separatist Sikhs and called on the Biden administration to ensure safety of foreign diplomats.

07.07 / 20:31

Provident NYSE Landmark Platform cricket Major League Cricket of US rings in arrival with NYSE closing bell

Major League Cricket (MLC), the recently established professional cricket league in the United States, marked its official inauguration by participating in the ceremonial ringing of the closing bell at the New York Stock Exchange (NYSE) on Thursday, July 6. This event signified the growing prominence and appeal of the sport in the United States, as it introduced top-tier T20 cricket to American audiences through a domestic league for the very first time.

07.07 / 10:33

UPS Microsoft CEO Platform Enterprise cricket US’s T20 tournament Major League Cricket signs Viacom18 as media partner in India

Upcoming professional Twenty20 cricket league in the US, Major League Cricket (MLC) has signed media rights partnership in India with Viacom18 Media Private Limited’s sports network. The league, operated by American Cricket Enterprises (ACE) and sanctioned by USA Cricket, will be covered on OTT platform JioCinema and broadcast television coverage on Sports18, beginning July.

07.07 / 03:57

UPS Citi Twitter Target Action lawmakers Indian US lawmakers NOT 'Free speech does not mean…' US lawmakers Ro Khanna condemn attempted arson at Indian Consulate in San Francisco

violent rhetoric’ against India's Ambassador to the US Taranjit Singh Sandhu and said free speech does not mean a license to incite violence or vandalise property. Congressmen Ro Khanna in a tweet said that act is dangerous and has no place in a democracy. He also added that free speech does not mean a license to incite violence.

07.07 / 01:27

UPS Citi Target Action lawmakers Indian US lawmakers US lawmakers, Indian-Americans condemn attack on Indian consulate in San Francisco, seek action against perpetrators

₹10 lakh on his head, was shot dead outside a gurdwara in Canada last month. In a joint statement issued on Thursday, Congressmen Ro Khanna and Michael Waltz, co-chairs of the Congressional Caucus on India and Indian-Americans, said violence against diplomatic facilities will not be tolerated. "As the co-chairs of the India Caucus, we strongly condemn the attempted arson and vandalism at the Indian Consulate in San Francisco and the posters circulating on social media with violent rhetoric aimed at Indian diplomats, including Ambassador Sandhu," they said.

06.07 / 18:41

Provident Digital ETF BlackRock Custody Bitcoin safe Anchorage Digital's Assets Under Custody Surge Amid Increased Demand for Safe Crypto Storage

The San Francisco-based crypto bank Anchorage Digital has seen a surge in its business this year, as institutions seek safer ways to store their crypto, Bloomberg has reported.

06.07 / 15:47

UPS Provident Incumbent on host govts to provide security: India over threats to its diplomats by Khalistani groups in Canada, few other countries

India said on Thursday in a message to countries such as Canada, Australia, the US and the UK where pro-Khalistan groups issued posters with threats against senior Indian diplomats. The safety of the diplomats and security of the Indian missions are of utmost priority to the government and New Delhi has taken it up with countries concerned, Arindam Bagchi, the spokesperson in the Ministry of External Affairs (MEA), said.

06.07 / 12:01

COST UPS Twitter CEO Fighting Twitter is being sued by an ex-employee for refusing to pay the expected cost of legal arbitration: Report

Twitter Inc. is refusing to engage in arbitration with ex-employees who were fired when Elon Musk took over the company after pushing them to use that process to resolve claims that they weren’t paid, didn’t get promised severance, or were discriminated against, according to a lawsuit. Twitter, now X Corp has been accused of failing to pay thousands of workers laid off in 2022 after Musk’s acquisition, violating numerous labor and workplace rules.

06.07 / 10:09

Twitter CEO Action Khalistani terrorist Gurpatwant Singh Pannun, founder of Sikhs for Justice, dead or alive? Find out here

Also read: Canada: Khalistani group Sikhs for Justice threatens to 'Besiege' Indian missions on Independence Day Reports initially claimed that Pannun, who has been declared a terrorist by India, died in a road accident in the US while driving on Highway-101 in America. Twitter users shared news of his death, with the convenor of Mumbai’s BJP IT Cell @PallaviCT posting ‘unconfirmed reports’ on Pannun’s demise in a car accident.

05.07 / 21:05

UPS Citi Disney Career Suicide Lee Coco Lee, singer and actor, dies by suicide at age 48

A post shared by Nancy Si Lin Lee (@nancy_yauyetei) Lee was born in Hong Kong, but raised in San Francisco. After high school, she went back to the city of her birth for a vacation, where she entered a singing contest.

05.07 / 16:51

UPS CEO Platform Discover OpenAI temporarily disables ChatGPT's internet browsing feature: Here's why

The Hindu report, OpenAI said that the decision to disable the feature was taken after it was discovered that it can “occasionally display content in ways we don’t want." "We are working to bring the beta back as quickly as possible", the company added. ChatGPT Browse with Bing is a beta feature (available to ChatGPT Plus subscribers) that allows ChatGPT to search the internet to help answer questions that benefit from recent information.

05.07 / 01:55

Provident Matthews Khalistan India strongly raises Khalistan vandalism with US, Canada & Australia

India strongly raised the matter of Khalistani threats and vandalism with Canada, the United States and Australia, said people with knowledge of the matter. Close on the heels of Prime Minister Narendra Modi’s US visit, the Indian consulate in San Francisco was allegedly vandalised by Khalistani separatists, drawing a sharp condemnation from the United States State Department. “The US strongly condemns the reported vandalism and attempted arson against the Indian Consulate in San Francisco on Saturday.

04.07 / 03:41

UPS Provident Action Apple epic Apple to ask US Supreme Court to undo App Store order in Epic Games case

Apple said on Monday it will ask the U.S. Supreme Court to hear its challenge to a judge's order in an antitrust case brought by «Fortnite» maker Epic Games that could force the iPhone maker to change payment practices in its App Store. Apple said in a court filing it will ask the justices to take up its appeal of a ruling on Friday by the San Francisco-based 9th U.S.

04.07 / 03:41

Twitter Matthews Indian US condemns vandalism, attempted arson against Indian Consulate in San Francisco

Indian Consulate in San Francisco, terming the violence a «criminal offense». A video by Khalistan supporters, dated July 2, 2023 posted on Twitter, showed the act of arson at the Indian Consulate in San Francisco. The video, with the words «violence begets violence» emblazoned over it, also showed news articles related to the death of Canada-based Khalistan Tiger Force (KTF) chief Hardeep Singh Nijjar.

04.07 / 03:29

Provident Target Action trudeau Canada: India urges strong measures from Trudeau government to prevent protests near missions, consulates

India has taken action by serving a demarche on Canada, calling for strong measures to be implemented by the Justin Trudeau government to prevent protests organised by pro-Khalistan terrorist outfits. The demonstrations are set to occur outside the Indian High Commission in Ottawa, as well as two consulates in Toronto and Vancouver on July 8. The primary concern is to avoid incidents such as desecration of the Indian flag, affixing pamphlets or items to the boundary fence, and throwing projectiles into Indian diplomatic premises in Canada.

03.07 / 20:39

Twitter’s troubles are perfectly timed for Meta

Dave Lee is Bloomberg Opinion's US technology columnist. Previously, he was a San Francisco-based correspondent at the Financial Times and BBC News.

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