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Results tagged “wallstreet”
No One Wants In On Zynga Stock

No One Wants In On Zynga Stock

Zynga, the social gaming company responsible for CityVille and FarmVille and countless other time wasters went public today, but no one on Wall Street seemed to want to get in on the game. The stock hit Nasdaq at $10 per share this morning and rallied as high as $11.58 per share before taking an embarrassing dip to $9.58. more ›

Hundreds from Occupy SF Converge On Market Street

Hundreds from Occupy SF Converge On Market Street

Protesters with Occupy SF gathered tonight at 101 Market Street in front of the Federal Building. According to Twitter, around a hundred or so people were on the scene. Justin Beck said the crown chanted "Si, se puede!" and "The banks got bailed out, we got sold out!" before SFPD arrived. more ›

Dow Jones Plummets, Kind Of Recovers, Over Greek Crisis

Dow Jones Plummets, Kind Of Recovers, Over Greek Crisis

We don't own any stocks, ourselves, but if you or someone you love is an i-banker or day trader you may have heard about today's flurry of panic on Wall Street, in which the Dow Jones Industrial Average dropped about a thousand points only to recover later at a loss of 300 or so points, all due to concerns about Greece going down the toilet. All the major indexes lost about three percent, and while everybody's down at Rickhouse trying to drink it off, please enjoy this "oral history" of "The Crash of '10," courtesy of The Awl. UPDATE: Did a trader's error, entering a "b" for billion instead of an "m" for million cause today's "crash."? [BuzzFeed] more ›

Rupert Murdoch to Buy Yahoo!?

Rupert Murdoch to Buy Yahoo!?

So, you didn't like Microsoft, did you? Well, how about News Corp.? more ›

Yahoo Dares to Say No to the Great Microsoft

Yahoo Dares to Say No to the Great Microsoft

It looks like Sunnyvale-based Yahoo plans on rejecting the $44.6 billion rose Microsoft offered it earlier this month. A move that would have merged the two tech giants won't happen, it seems, and we were so sure this relationship would've worked out swimmingly. Sniff. more ›

Ted Nugent Helps Us Remember The 1960s

Ted Nugent Helps Us Remember The 1960s

The Wall Street Journal ran this piece by Ted Nugent yesterday. If you're at all inclined to check it out, do so soon, because the password protection will kick in at some point. More or less, Nugent uses the 40th anniversary of "The Summer of Love" to rail on against drugs and "stinking hippies." more ›

SFist Photo: Insane in the Membrane

SFist Photo: Insane in the Membrane

Photo of a skilled fixed gear bike rider sliding down Oak Street in traffic. more ›

Real Estate Crunch More Evil Than Napster: Metallica Guitarist Reduces Mansion Price

Real Estate Crunch More Evil Than Napster: Metallica Guitarist Reduces Mansion Price

Playing the role of Shawn Fanning, minus the curls, the real estate retraction appears to be stealing theoretical dollars from the pockets of a member of Metallica. According to The Wall Street Journal guitarist Kirk Hammett has cut the asking price of his Pacific Heights mansion to a mere $10.5 million from the $12.5 million he'd been seeking since 2005. more ›

The Worst Is Yet To Come?

The Worst Is Yet To Come?

Trying to figure out what your house is worth in today's real estate market is only slightly less difficult than practicing haruspicy to predict what will happen next week. Articles like more ›

Spies Like HP

Spies Like HP

This HP story is getting crazier and crazier. Today, the NY Times is reporting that HP was thinking about planting spies in at least two publications to figure out what was going on. The idea was to either place undercover admin temps or cleaning crews at CNet and the SF office of the Wall Street Journal who would then do a bit of snooping and eavesdropping. Another memo uncovered mentioned planting HP spies next to certain people to tag along and investigate them. Wasn't there an episode of "Alias" like that where Sydney Bristow dressed up like an Office Temp complete with iPod and back tattoo to shadow some reporter only to discover they were really their long lost second cousin removed who supposedly died in a fiery motorcycle accident but really used it as a ruse to escape the Chinese? more ›

Watching You Watching You Watching You

Hewlett Packard takes us back to 1981 with the recent revelations that they hired private eyes (clap clap), to watch their board -- they saw their every move. (It is totally time for the Hall and Oates revival to begin! They made our dreams come true!) more ›

SFist Reads

SFist Reads

While the San Francisco Public Library site is up, their search is not! Far be it from us to criticize anyone for the occasional technical bobble. Get well soon, SFPL search! more ›

The Rich Get Richer in Real Estate

The Rich Get Richer in Real Estate

We've had a few weeks to digest the news that there's a better than 50/50 chance of home prices falling in the next year, and today's news from the Wall Street Journal only piles on more of the same: housing inventories are rising pretty sharply in some markets. more ›

SFisting: Our Famous Local Sex Podcasters, For Reals

SFisting: Our Famous Local Sex Podcasters, For Reals

We're thrilled to the gills that the dailies are learning about this cool new sex podcasting thing all the kids are doing with their computers. more ›

Bay Area Blog Pulse

Bay Area Blog Pulse

Dan Gillmor bows out of Bayosphere in Businessweek -- reactions from JD Lasica, Jonas Luster and Thomas Hawk. Blogger Tom Foremski says he's doing just fine, claiming to be more popular with PR folks than the Wall Street Journal's Walter Mossberg. Hey, at least no one has had to resort to astroblogging (astroturfing + blogging, natch). more ›

SFist checks out the 510: The Vibrant Economy Edition

SFist checks out the 510: The Vibrant Economy Edition

The Wall Street Journal's East Bay Journal showed us a little love this week with a two-part series on the residential and commercial real estate markets in the Five-and-Dime. more ›

SchwartzenWatcher Cries Freedom!

SchwartzenWatcher Cries Freedom!

Last week, the Governator put an abortion loving lesbian in charge of his Adminstration. The Right was not amused (neither was the Left, but that's neither here nor there in terms of this posting). How not amused? John Fund in the Wall Street Journal not only compares the nomination of Susan Kennedy to Bush's nomination of Harriet Miers, but wonders if Arnie Jumped the Shark. That shark was jumped months ago. But wait, there's more. In response, a conservative group is starting a drive to draft Mel Gibson to run against the Governator. They've even set up a Web site with an online petition to encourage him to run. We think is an awesome idea. After all, Arnie and Mel never actually squared off in a movie which means it'll be like one of those Kirk vs. Picard type situations. Just think of it, the Terminator versus Braveheart, Predator vs. Lethal Weapon. We can already picture the debate: as Arnie recites one-liners from his movies for the hundredth time, Mel goes into his "Three Stooges" routine while his aides torture him in slow motion. more ›

Gastronomique Splurges like a Hog

Gastronomique Splurges like a Hog

We ordered a $100 steak at Olivetto. Bistecca alla Fiorentina, it was described, "Niman Ranch Beef Porterhouse Steak with 'bianca di Spanga' beans and Spinach, White Truffle Butter (for two). $100" We found it a silly idea at first, something a decadent Russian mafiosi would order to celebrate scoring a contrabanded crate of Vertu cell phones; something a young Wall Street up-and-comer from the midwest would eat in a Hollywood movie to depict the corrupt and depraved ways of the big city, before returning to his wholesome father, a teacher and union leader, and his earnest mother, a nurse, and marry his high school sweetheart. more ›

Math Is Hard

Math Is Hard

0534393217_l.jpg You know, public schools just can't win. Up here in San Francisco, it's a constant "our schools are failing and segregated," so affluent upper-middle-classers have to spend gajillions of dollars on private schools or leave the city. But down in Cupertino....! The Wall Street Journal reports that Caucasian families are unhappy with their public schools too, to the point where they're also opting out of the Santa Clara public school system -- but not because the schools are bad. Rather, parents are unhappy because the schools have become too rigorous. Is this an Onion article or what? White families in Cupertino complain that Caucasian children are in the minority and the constant academic pressure is bad for their children's self-esteem. Other families complain that there are too many math and science classes at Monte Vista High, and not enough sports teams. One mother says she would never have moved to Cupertino if she'd realized "how much it would change" (now, what do you think that means?), while Asian-American families note that no one in (whiter) Palo Alto seems to have a problem with its competitive high school academic scene and wonder if it's got something to do with race. That said, it's also true that in Cupertino, the lower-level classes are the only ones with diverse enrollment -- and an overall 3.0 GPA puts you in the bottom third of your class. Man, we are so glad we're done with school. This Asian sucks at math. more ›

Letters to the Editor

0743251083.gif We always thought there was something disingenuous about the conservative letters they published in the Chron! The Contra Costa Times discovered that an enterprising Republican named Kyle Vallone had written at least 200 fake letters to various Northern California newspapers, and gotten at least 20 or so published. Vallone would use fake names, various phone numbers, and free email accounts to write the pieces and then when the fact-checkers came, disguise his voice on the phone. "I'm very good at accents," he said, and noted he was particularly proud of the identity "Batswala Dala." Vallone specialized in conservative letters, noting that he'd gotten seven letters against Barbara Boxer published, but had also written on a range of topics, like recalling Gray Davis and boosting missile defense. Interestingly, Vallone had also been busted (under his own name) for plagiarizing a letter he'd gotten published from the WSJ. Read the article, it's pretty entertaining! This reminds us of that smart kid summer camp class that got 20-some letters published in the New York Times (only without the smart kids). And who can forget the Bay Area's original fake letter-writing crank, Lazlo Toth? (a.k.a. Don Novello/Father Guido Sarducci). And Wonkette on Vallone. more ›

Bloggers Unite!

We initially passed this press release from the Author's Guild along to Gothamist Jen so that she could get the scoop on Gawker and FishbowlNY. Why? Because it looks like the Author's Guild along with the American Society of Journalists and Authors and the National Writers Union, UAW Local 1981, have come through with an $18 million dollar settlement for copyright infringement by companies like Time, Inc., The New York Times and the Wall Street Journal for republishing freelancer's content online without their permission. more ›

Guess Who's Coming To Dinner?

Over here at SFist's fortress of solitude (above Jerry's Tattoo and Java), we've just been informed that "Big" Dick Cheney is currently ensconced at the Mandarin Oriental downtown, and an entire block of Sansome has been shut down in order to protect him (and make your commute extra-fun!). Apparently he's making a west coast swing to lobby members of congress, including Representative Bill Thomas, chair of the House Ways and Means Committee, to convince them that there really is a crisis with Social Security, and the safest place for hard working Americans to put their nest eggs is Wall Street, where hordes of selfless financiers will happily look out for your best interests instead of their own. more ›

You're So Vain, You Probably Think This Merger's About You

So Carly Fiorina is no longer the most powerful woman in business, or at least, the most powerful employed woman in business. Hewlett-Packard let her go today after months of speculation that there would be a shakeup. Quoted in the Merc, "While I regret the board and I have differences about how to execute HP's strategy, I respect their decision...HP is a great company and I wish all the people of HP much success in the future." She also added "But they better not set foot on the island I'm gonna buy." Okay, she didn't say that. more ›

Not Looking Good For Apple...

...and this time, at least, that's what we want to hear. John at the Legal Reader points to a piece quoting Terry Gross, partner in San Francisco-based Gross & Belsky LLP, who contends that Apple's case against ThinkSecret blogger and Harvard student Nick Ciarelli is completely without merit. Apple counters that "Apple's DNA is innovation, and the protection of our trade secrets is crucial to our success." They accuse Ciarelli of 'inducing' someone to violate their terms of Apple's non-disclosure agreement. Gross states his case: more ›

Kos the New Armstrong Williams?

Not at all. Armstrong Williams was paid through taxpayer dollars to sell the Administration's terrible No Child Left Behind Act, possibly infringing upon all sorts of anti-propaganda laws and definitely kicking the mangled corpse known as journalistic ethics repeatedly. Berkeley-based Markos Moulitsas of Daily Kos fully disclosed his relationship with the Dean campaign on his site and in the media early last year. more ›

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