SF News Just Days After Rocky IPO, Investors Sue Facebook As Facebook's stock fell just days after trading, three investors filed suit against the company today, along with underwriters Morgan Stanley and Goldman Sachs, accusing them of withholding damaging information about the social
SF News Media Descends On Facebook's Less-Than-Stellar Second Day Trading After closing 23 cents above its record-breaking IPO price of $38 on Friday, Facebook's stock dipped 11 to 13 percent to $33.87, at least as of early this morning. Patience will most
SF News Facebook Names A Price: $38 Per Share Facebook will unleash its historic initial public offering at $38 a share. Billed as the largest internet IPO in history, the deal should garner the social networking mammoth around "$16 billion in proceeds,
SF News Steve Wozniak Would Invest In Facebook, No Matter The Price Famed Apple engineer/cofounder and living teddy bear Steve Wozniak said that, if he does plan on buying, he would purchase coveted shares in Facebook when it goes live this week, no matter
SF News Mark Zuckerberg Will Save California! The messiah Mark Zuckerberg is poised to save California and its impending financial ruin. More or less. How so? Facebook will have to pay so very many millions in taxes after the initial
SF News Berkeley-Based Annie's, Makers Of Delicious Cheddar Bunnies, Debuts IPO The fine folks at Berkeley-based Annie's are enjoying a huge jump after their trading debut this morning. Annie's makes a slew of organic treats, including the superior-to-Pepperidge-Farm-Goldfish (debate amongst yourselves in the comments,
SF News Wal-Mart Plague To Spread Throughout Bay Area Chilling bog-box retailer Wal-Mart plans on opening four Neighborhood Market grocery stores in the Bay Area at sites in the South Bay and East Bay. The morally-questionable company will unleash stores in San
SF News Yelp Stock More Than Doubles After IPO Yelp co-founder and CEO Jeremy Stoppelman rang the opening bell of the New York Stock Exchange Friday morning as Yelp's sparkling IPO debuted. Shares of the stock climbed as astounding 61 percent to
SF News Facebook IPO Could Come Next Week; Investors To See Ridiculous Windfall Over the next few days, Facebook could file an IPO. Raising as much as $10 billion at a valuation anywhere between $75 billion to $100 billion, it stands to be "one of the
SF News Apple Astounds With Record Revenue Apple reports its highest quarterly revenue and earnings ever, due in large part to sales of remarkable iPhone 4S. (We love our new white iPhone 4S more than anything else on Earth. This
SF News Rick Santorum: Loves America But Invests In Outsourcing Firms In what's proving to be a race to the bottom for the current crop of GOP candidates, Rick Santorum—whose "Made In America" platform plan would prune corporate income taxes on manufacturing companies
SF News Experts Say 'No' To $99 Billion California High-Speed Rail Yesterday, a "renowned group of transportation and financial experts" warned lawmakers that funding the state's $99 billion high-speed train is an "immense financial risk." The biggest concern from the group was California's "plan
SF News Aquapy Lake Merritt Underway A small yet jovial splinter group from the Occupy movement emerged in the glacial waters of Lake Merritt over the weekend. Calling themselves Aquapy Lake Merritt, the group built a large raft, armed
SF News Jerry Brown Wants Tax Hikes On 1% Gov. Jerry Brown's new measure will ask voters to raise taxes on the wealthy over the next five years. His tax initiative, slated for the November 2012 ballot as soon as Friday, could
Arts & Entertainment Will You Support Small Business Saturday? Although it's sponsored by American Express, and supported by large corporations such as Amazon, Google, Clear Channel and countless others, the 2nd Annual Small Business Saturday will provide the antidote to Black Friday
SF News UC Davis English Department Calls For Chancellor Katehi's Resignation On the heels of Saturday's brutal pepper spraying of peaceful Occupy student protesters at the at UC Davis campus, the Board of the Davis Faculty Association called for the immediate resignation of UCS
SF News Reports of Disorderly Conduct Near Occupy SF Not Helping Camp's Image While things have generally been quiet around Justin Herman Plaza lately, no camp raids or riots to speak of, the Occupy SF camp attracted rowdy out-of-towners over the past few days. And that
SF Restaurants, Food & Drink Oakland Businesses Go 'Cash-Only' In Support of General Strike Don Harbison, owner of B Restaurant and Bar (with locations in SF and Oakland), sent SFist a list of Oakland companies taking part in today's general strike by going cash-only and eschewing credit
Arts & Entertainment OccupySF Midday March Today The cranky yet spirited folks at OccupySF, an Occupy Wall Street splinter group showing west coast solidarity, will hold a march up Market Street today. The group will meet at the San Francisco
SF News Gavin Newsom Will Save State Economy Seeing as how Gavin Newsom fixed the city's lackluster job market and disabled budget during his tenure as San Francisco mayor, it should come as no surprise that the budding lieutenant governor plans
SF News Google Share Prices Drop In a surprising move, Google's first quarter saw lower-than-expected earnings. This morning, shares were down $39.51 to $539. "But heavy spending on new hires and other investments crimped the bottom line, reports
SF News Oakland School Board Approves Hundreds of Pink Slips for Teachers Another blow for public education unfurled in the East Bay last night. The Oakland School Board approved 500 layoffs notices for Oakland teachers. Said notices will go to 231 elementary school teachers, 41
SF News Machines Might Replace G.G. Bridge Toll Workers in 2012 KGO reports that district administrators, who are facing an $89 million deficit, will be proposing to the Golden Gate Bridge board of directors on Thursday a plan in which tolls would only be
SF News California: World's 8th Largest Economy Falling between Italy and Brazil, the glorious state of California has, once again, ranked as the world's 8th largest economy. A report released yesterday by the Palo Alto-based Center for Continuing Study of
SF News UC Berkeley to Prune 200 Jobs Uh oh. UCB plans to slice an addition 200 jobs next year in order to save money. "Chancellor Robert Birgeneau says a consulting firm hired to help the system save money concluded that
