<![CDATA[NBC Bay Area - Business News]]>Copyright 2016http://www.nbcbayarea.com/news/business http://media.nbcnewyork.com/designimages/nbc_bayarea_blue.png NBC Bay Area http://www.nbcbayarea.comen-usFri, 26 Aug 2016 16:46:51 -0700Fri, 26 Aug 2016 16:46:51 -0700NBC Owned Television Stations <![CDATA[Zuckerberg Selling FB Stock to Charity, Public Good: Report]]> Wed, 24 Aug 2016 09:50:38 -0700 http://media.nbcbayarea.com/images/213*120/zuckerberg-Dec2015_Family_highres.jpg
Mark Zuckerberg and his wife Dr. Priscilla Chan are well on their to fulfilling a potentially billion dollar promise that they made last year after the birth of their first child, but the philanthropic...

Photo Credit: Courtesy of Mark Zuckerberg]]>
<![CDATA[Twitter Looks to Sublease About 25% of SF Headquarters]]> Sun, 21 Aug 2016 22:58:36 -0700 http://media.nbcbayarea.com/images/213*120/twitterGettyImages-494325030.jpg
Twitter Inc. is looking to sublease a significant chunk of its San Francisco headquarters, according to multiple media reports.

Photo Credit: Bloomberg via Getty Images]]>
<![CDATA[Supermodel Tyra Banks to Teach Class at Stanford University]]> Fri, 19 Aug 2016 20:50:34 -0700 http://media.nbcbayarea.com/images/213*120/AP_476387618231.jpg
Supermodel Tyra Banks is slated to teach a class at Stanford University next spring.

Photo Credit: Jordan Strauss/Invision/AP]]>
<![CDATA[Ford to Launch Driverless Cars From Silicon Valley by 2021]]> Tue, 16 Aug 2016 18:57:36 -0700 http://media.nbcbayarea.com/images/213*120/Ford-Mustang-Generic-2015.jpg
A Motown giant just announced its next big hit — and it’s being developed in Silicon Valley.

Photo Credit: NBC Bay Area/File image of Ford Mustangs]]>
<![CDATA[Guests' Data May Have Been Hacked at Hotels]]> Mon, 15 Aug 2016 08:49:03 -0700 http://media.nbcbayarea.com/images/213*120/HotelHack-AP_16228457715731%281%29.jpg
Hyatt, Sheraton, Marriott and Westin hotels in 10 states and the District of Columbia may have been targeted by hackers for months. According to the hotel operator HEI Hotels & Resorts, malware put into place...

Photo Credit: AP]]>
<![CDATA[SF Company Offers Wild Experiences at a High Price]]> Sat, 13 Aug 2016 16:12:20 -0700 http://media.nbcbayarea.com/images/213*120/GettyImages-181587969.jpg
Ever wanted to meet the Pope, learn how to fly a helicopter or sit in the front row of New York’s Fashion Week?San Francisco-based IfOnly aims to make all of that possible. The company offers unique, and often...

Photo Credit: Getty Images]]>
<![CDATA[California May Beef Up Electric Vehicle Mandate]]> Fri, 12 Aug 2016 13:22:27 -0700 http://media.nbcbayarea.com/images/213*120/electric+car+charging+09022015.jpg
A California lawmaker told The Associated Press on Friday that she's introducing legislation to require that 15 percent of new vehicles be emission-free in less than a decade, a significant escalation in...

Photo Credit: NBC Bay Area/File]]>
<![CDATA[Macy's Negotiating Sale of Flagship Union Square Men's Store]]> Fri, 12 Aug 2016 00:03:04 -0700 http://media.nbcbayarea.com/images/213*120/macys+generic.jpg
Officials with Macy's are in negotiations to sell their flagship men's store in San Francisco's Union Square, company officials said Thursday.

Photo Credit: NBC Bay Area/File]]>
<![CDATA[Macy's to Close 100 Stores Nationwide]]> Thu, 11 Aug 2016 06:06:17 -0700 http://media.nbcbayarea.com/images/213*120/GettyImages-530665646.jpg
Macy's announced Thursday plans close approximately 100 of its department stores, the latest effort to adapt to shifting consumer shopping patterns and more online competition, CNBC reported.The 100 store...

Photo Credit: Spencer Platt/Getty Images]]>
<![CDATA[From 'The Face' to 'Finger Wag': How The Olympics Get Social]]> Tue, 09 Aug 2016 19:15:14 -0700 http://media.nbcbayarea.com/images/213*120/phelps-face1.jpg
From "Phelps Face" to "Hijabi Zorro" to a single finger wave launching an international discussion, it’s clear that the 2016 Olympics are happening not just on the athletic fields, and certainly not just on your...

Photo Credit: NBC]]>
<![CDATA[Bay Area Artificial Intelligence Protects Olympic Athletes]]> Tue, 09 Aug 2016 14:35:10 -0700 http://media.nbcbayarea.com/images/213*120/FOR+WEB+-+QYLATRON+SECURITY+STORY+-+00001727.jpg
When it comes to security in Rio, it is man and machine.

Security technology is playing a crucial role at Olympic village – in particular, a Palo Alto-produced machine called Qylatron.

Photo Credit: LiLi Tan]]>
<![CDATA[Amazon Japan Raided on Suspicion of Antitrust Practices]]> Mon, 08 Aug 2016 04:33:00 -0700 http://media.nbcbayarea.com/images/213*120/GettyImages-151368933.jpg
Japan's Fair Trade Commission has raided the offices of Amazon's local unit on suspicion of pressuring retailers to offer products at lower prices than on rival sites, the Nikkei business daily said on...

Photo Credit: David McNew/Getty Images]]>
<![CDATA[Job Gains Led By Tech, But Silicon Valley Mixed]]> Fri, 05 Aug 2016 18:31:24 -0700 http://media.nbcbayarea.com/images/213*120/N5P+FIREEYE+LAYOFFS+VO+-+00004424.jpg
The latest job report was reason for a lot of optimism, and most investors jumped in with both hands.

Photo Credit: NBC Bay Area]]>
<![CDATA[Silicon Valley Tech on its Way to Olympic Opening Ceremony]]> Thu, 04 Aug 2016 10:23:57 -0700 http://media.nbcbayarea.com/images/213*120/IMG_6739.JPG
When Michael Phelps leads Team USA into the Olympic opening ceremony, a Silicon Valley company will have his back.

Well, they’ll be on his back.

Photo Credit: Scott Budman]]>
<![CDATA[NY-Based WeWork Opens Up Office Space in Silicon Valley]]> Tue, 02 Aug 2016 19:19:20 -0700 http://media.nbcbayarea.com/images/213*120/0802-2016-WeWork.jpg
A New York company is expanding into the Silicon Valley to fill a demand for more office space in the area.

Photo Credit: NBC Bay Area
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<![CDATA[Bay Area Tech Companies Dominating Most Valuable List]]> Sat, 30 Jul 2016 11:45:35 -0700 http://media.nbcbayarea.com/images/213*120/apple-mac-generic.jpg
Facebook and Amazon’s market caps have pushed their way into the world’s top five most valuable companies list as of Friday, allowing a rare cluster of Bay Area tech companies to dominate in the morning...

Photo Credit: AP]]>
<![CDATA[Underprivileged Students Graduate from Facebook Academy]]> Sat, 30 Jul 2016 11:33:04 -0700 http://media.nbcbayarea.com/images/214*120/187265573-facebook-generic.jpg
Eighteen students will walk across a stage in Menlo Park on Wednesday as graduates of Facebook Academy, a six-week summer internship program that aims to give high school students from low-income or...

Photo Credit: Getty Images]]>
<![CDATA[Silicon Valley Software Company Hits it Big in IPO]]> Fri, 29 Jul 2016 18:48:43 -0700 http://media.nbcbayarea.com/images/213*120/NASDAQ+OPENING+BELL+HD7292016+-+063007181.jpg
The NASDAQ confetti dropped Friday morning on what has become an unusual target: A Silicon Valley tech company.

Photo Credit: NASDAQ]]>
<![CDATA[Bay Area Tech to Help Track Zika Virus During Olympics]]> Thu, 28 Jul 2016 19:04:04 -0700 http://media.nbcbayarea.com/images/213*120/IMG_66881.JPG
Olympic athletes are arriving in Rio, full of confidence, hope — and concerns about Zika.Will they get it? How will they know if they’re at risk? Enter Silicon Valley, and the smart thermometer, as it...

Photo Credit: Scott Budman]]>
<![CDATA[Millennials Cause Home Ownership to Drop ]]> Thu, 28 Jul 2016 13:59:12 -0700 http://media.nbcbayarea.com/images/213*120/house_home_+for_sale_owner_generic.jpg
The nation’s home ownership rate fell to its all-time low, and could drop further in the months to come, NBC News reported. The rate fell to 62.9 percent, the same as it was in 1965, when the U.S.

Photo Credit: Getty Images/Image Source]]>
<![CDATA[Facebook Beats Analyst Expectations in Second Quarter]]> Wed, 27 Jul 2016 19:32:21 -0700 http://media.nbcbayarea.com/images/213*120/FacebookLogo3.jpg
Facebook beat Wall Street expectations, posting stronger earnings for the second-quarter, NBC News reported. The company reported $6.44 billion in revenue, according to a release posted after the end of...

Photo Credit: File--AP]]>
<![CDATA[Apple Celebrates Selling Billionth iPhone]]> Wed, 27 Jul 2016 17:21:28 -0700 http://media.nbcbayarea.com/images/213*120/GettyImages-462369662.jpg
Apple recently sold its 1 billionth iPhone, according to a post on the company website.

Photo Credit: Getty Images]]>
<![CDATA[Tesla Opens $5B Gigafactory to Expand Battery Production]]> Tue, 26 Jul 2016 18:52:32 -0700 http://media.nbcbayarea.com/images/213*120/gigafactory.jpg
It's Tesla Motors' biggest bet yet: a massive, $5 billion factory in the Nevada desert that could nearly double the world's production of lithium-ion batteries.

Photo Credit: NBC Bay Area]]>
<![CDATA[TechCrunch Falls Victim to Notorious Hacking Group]]> Tue, 26 Jul 2016 10:15:23 -0700 http://media.nbcbayarea.com/images/213*120/AP_31488411400.jpg
TechCrunch has fallen victim to the hacking group OurMine.

Photo Credit: AP
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<![CDATA[Former Tech CEO’s Probation Revoked For Domestic Violence]]> Fri, 22 Jul 2016 21:05:01 -0700 http://media.nbcbayarea.com/images/213*120/chahal0723_0060_pc.jpg
After being granted probation and avoiding jail time for a 2013 domestic violence incident, a San Francisco Superior Court judge Friday trevoked the probation of a former tech CEO for a separate domestic...

Photo Credit: The Chronicle]]>
<![CDATA['Pokemon Go' Could Generate Billions For Apple: Analyst]]> Wed, 20 Jul 2016 16:50:40 -0700 http://media.nbcbayarea.com/images/213*120/GettyImages-546258766.jpg
Apple can thank the "Pokemon Go" phenomenon for the billions of sales expected to come into the company, CNBC reports. Laura Martin, managing director of investment firm Needham & Co., estimates that...

Photo Credit: Getty Images, File]]>
<![CDATA[California Rejects Volkswagen Recall for 3-Liter Diesel Cars]]> Thu, 14 Jul 2016 10:27:38 -0700 http://media.nbcbayarea.com/images/213*120/AP_154035651379.jpg
The California Air Resources Board has rejected Volkswagen's plan to recall vehicles with 3-liter diesel engines, calling the proposal incomplete and deficient.

Photo Credit: AP]]>
<![CDATA[10 Top Consumer Complaints of 2015]]> Thu, 14 Jul 2016 01:24:34 -0700 http://media.nbcbayarea.com/images/213*120/453295293.jpg
Phony IRS agents and other imposter scams topped the list of fastest-growing complaints to state and local consumer protection agencies last year, according to the latest report from the annual survey conducted...

Photo Credit: Bloomberg via Getty Images]]>
<![CDATA[Hustler Plans to Open Retail Store in San Jose]]> Wed, 13 Jul 2016 00:43:43 -0700 http://media.nbcbayarea.com/images/213*120/hustlersanjose1.jpg
Hustler, famously known for its adult magazines, is planning to convert an old bank building in San Jose into a luxury lingerie and sensual care store.

Photo Credit: NBC Bay Area]]>
<![CDATA[Families Sue Facebook Over Palestinian Attacks]]> Mon, 11 Jul 2016 17:34:59 -0700 http://media.nbcbayarea.com/images/214*120/187265573-facebook-generic.jpg
Israeli and American families of victims of Palestinian attacks filed a $1 billion lawsuit against Facebook, claiming the social network is providing a platform for militants to spread incitement and violence...

Photo Credit: File – Jonathan Nackstrand/AFP/Getty Images]]>
<![CDATA[Stocks Higher as US Creates 287K Jobs in June]]> Fri, 08 Jul 2016 11:28:09 -0700 http://media.nbcbayarea.com/images/213*120/HiringSign-GettyImages-518572344.jpg
The U.S. economy added 287,000 jobs during the month of June, beating expectations and wowing investors, CNBC reported. Economists expected non-farm payrolls to jump by 175,000 for the month.

Photo Credit: Getty Images]]>