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Oracle Corp. company headquarters in Redwood Shores. (Justin Sullivan/Getty Images)

Oracle Quarterly Profit Jumps; Server Business Declines

Stronger spending on business software helped Oracle’s quarterly profit jump 36 percent, but the company’s server business continued to deteriorate, which the company said is happening because it is shedding lower-margin deals.


Netflix Lowers Outlook Following Subscriber Split

LOS GATOS (CBS/AP) — Netflix has lowered its U.S. subscriber expectations for the third quarter because of customer losses relating to a split of its DVD and streaming options. The company, which separated its streaming […]


Spansion flash memory

Sunnyvale Flash Memory Chip Maker Spansion Slashes Forecast

Spansion Inc., the maker of memory chips, on Tuesday lowered its revenue forecast for the current quarter, saying demand from makers of cellphones and consumer electronics were weak.


Netflix Shares Plunge On Sober Growth Outlook

Netflix Inc. is bracing for customer backlash that could result in its slowest subscriber growth in more than three years amid changes to its online video and DVD rental service that will raise prices by as much as 60 percent.

CBS San Francisco–07/25/2011

Cold & Rain

Bay Area’s Unusually Wet, Cool Spring Not Going Away Yet

June 1st typically has many Bay Area residents headed for the pool, the amusement park or some other outdoor activity where the weather can be enjoyed. Suffice it to say that is not happening this year.


The sun shines bright in the blue skies over the Bay Area. (CBS)

Record Temperatures Heat Up Bay Area

After weeks of stormy weather, the Bay Area forecast for the coming days calls for sunshine and a run of high temperatures that broke records Wednesday.

CBS San Francisco–03/30/2011

San Francisco rain, weather

Chance For Snow Sends Bay Area Into Flurry

Clearing skies and cold air greeted the Bay Area Friday morning following the latest downpour overnight Thursday, with the anticipation of snow in low-lying areas still in the forecast.

CBS San Francisco–02/25/2011

Cisco Systems Inc. headquarters in San Jose. (AP Photo)

Cisco Pulls Technology Stocks Lower

Stocks finished Thursday flat, dragged down by Cisco Systems Inc. The San Jose-based company issued a weak earnings forecast.

CBS San Francisco–02/10/2011

Winter Weather Moves In; Cold, Wet Weekend On Tap

Cold, wet weather was expected to move into the Bay Area on Friday, with no sign of letting up until at least the end of the weekend.

CBS San Francisco–11/19/2010