Google is erecting a four-story structure in the heart of the San Francisco Bay but is managing to conceal its purpose by constructing it on docked barges instead of on land, where city building permits and public plans are mandatory.
As Twitter prepares to complete its initial public offering of stock this week, the San Francisco company’s history of losses totaling nearly $500 million is raising questions about its ability to turn a cultural phenomenon into a sustainable business.
Twitter’s IPO could now raise more than $2 billion.
Evan Spiegel dropped out of Stanford University in 2012, three classes shy of graduation, to move back to his father’s house and work on Snapchat.
Google’s mysterious floating barge on San Francisco Bay will feature luxury showrooms and a party deck for the tech giant to market Google Glass and other gadgets to invitation-only clients, multiple sources told KPIX 5.
Google is staying silent about a mysterious barge off Treasure Island. Meanwhile, KPIX 5 has received comment from the U.S. Coast Guard about the project, and has obtained details about the barges and who owns them.
Facebook’s stock is soaring after the company reported a 60 percent revenue increase in the third quarter thanks to mobile advertising growth. The numbers beat Wall Street’s expectations for the second quarter in a row.
San Francisco Mayor Ed Lee and other local officials said Google has left them in the dark about a massive barge off Treasure Island, days after KPIX 5 first reported on the mysterious project.
Just ahead of their initial public offering, San Francisco-based Twitter is getting more visual. In a feature rolled out on Tuesday, the social network has a new look which embeds photos in user’s feeds.
A new Twitter presence surfaced Monday, just days after KPIX 5 reported that Google is believed to be building floating structures to market Google Glass — the cutting edge wearable computer that the company has under development.