Chicago Mayor Rahm Emanuel is telling civic leaders he wants George Lucas’ interactive museum in his city, though San Francisco is still in the running.
Yahoo’s recently fired chief operating officer, Henrique de Castro, left the Internet company with a severance package of $58 million even though he lasted just 15 months on the job.
According to a new report, rent across the Bay Area has reached record highs. The region has averaged nearly double-digit rises annually for the last three years.
Google’s first-quarter earnings growth faltered as the Internet company dealt with a persistent downturn in advertising prices while spending more money to hire more employees and invest in daring ideas.
DataQuick said Wednesday that the median sales price for new and existing houses and condominiums reached $579,000 in March, up 7 percent from $540,000 the previous month and up 23 percent from $470,000 in March 2013. It is the 24th straight annual increase and the highest level since December 2007.
Stephen Levy, Director of the Center for Continuing Study of the California Economy in Palo Alto, said the skyrocketing prices are having wide-ranging effects on the economy.
A Bay Area Indian tribe that runs a well-known casino could take some potentially drastic action. More than 70 members could get kicked out.
A trade group for wireless providers said Tuesday that that nation’s biggest mobile device manufacturers and carriers will soon put anti-theft tools on the gadgets to try to deter rampant smartphone theft.
As the popularity of online services like Airbnb have risen, legislation was introduced in San Francisco on Tuesday to halt people from converting their apartments into short-term vacation rentals.
Yahoo is still prospering from its lucrative investments in Asia while the Internet company’s listless advertising sales are picking up, if ever so slightly, under CEO Marissa Mayer.