SF News Doom And Gloom From Analysts As Yelp Stock Tumbles And Advertisers Flee The suspicions raised by some increasingly frequent (and frantic) voicemails left by Yelp ad salespeople for local businesses were borne out this week, when the crowdsourced ratings site announced first-quarter earnings that led
SF News Twitter Confirms Layoffs Of About 350 Employees Twitter confirmed rumors Thursday that the company would be making significant staff cuts — cuts that are actually deeper than expected. As previously reported, Bloomberg got early word that for the second year in
SF News [UPDATES] Twitter Opens On New York Stock Exchange At $45.10 [UPDATE BELOW] Twitter is about to go public on the New York Stock Exchange (which opens at 9:30 a.m. Eastern/6:30 a.m. Pacific time). Shares are priced at $26,
SF Restaurants, Food & Drink German Conglomerate To Buy Peet's Coffee For Around $1 Billion Bay Area-based Peet's Coffee's stock got a jolt (ahem) this morning after the company announced that Germany conglomerate Benckiser will buy the coffee/tea company for a bold $977.6 million. Peet's, founded
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 Hahaha: Zynga CEO Wants Employees to Return Stock Zynga CEO Mark Pincus is funny. Why? Well, according to the Wall Street Journal, he wants his early employees to return some of the stock they own before the company's initial public offering.
SF News Apple Posts Most Profitable Quarter Ever Lonely this Valentine's Day? Run out and find the nearest Apple stock holder, reserve a table at Gary Danko, leave your underwear at home, and plan on putting out. A lot. Because these
SF News Steve Jobs, the Rachel Zoe of Silicon Valley? Though not nearly as important as Rachel Zoe (obvi), Apple CEO Steve Jobs is facing some of the same criticism as Hollywood's most stylish heroine, namely his pin-thin stature. "I probably need to
