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Heather Somerville Heather Somerville (223 Posts)

Heather Somerville is a business reporter covering venture capital and startups for the Bay Area News Group.


Luxe on-demand app alleviates SF parking crisis

Parking is a problem in San Francisco, you say? One startup is proposing a solution to the maddening shortage of parking places in the city, which results in 20, 30, 40 minutes of circling blocks to find a spot downtown and Read More →

23andMe joins MyHeritage to trace your family tree using DNA

23andMe, the biotech company company that sells personal DNA kits consumers can use at home, has joined forces with the Israel-based ancestry research company MyHeritage to enable people to discover their heritage based on genetics testing and documented family history. The two companies will combine Read More →

Lending Club chooses NYSE for IPO

Lending Club, the world's biggest website for matching borrowers who need small loans with investors, will make its public market debut on the New York Stock Exchange -- the same exchange where many of the banks the startup is vying to disrupt also Read More →

Costco enters China through Alibaba’s e-commerce site

Costco is the latest U.S. retailer to join Alibaba's online marketplace, a sign of the power the Chinese Internet juggernaut wields in e-commerce and the growing threat is poses to online shopping sites such as eBay. Alibaba announced Tuesday Read More →

Gilead’s new Hep C drug gets U.S. approval

Hepatitis C patients got closer to a breakthrough treatment when U.S. regulators on Friday approved the sale of the first pill that promises to cure most people with the illness — without requiring other medication that may cause serious side Read More →

Thync raises $13 million to alter your state of mind

A new Internet-connected wearable that claims to shift your state of mind — make you perky during the 3 p.m. daily droop or serene during a bout of anxiety — announced Wednesday it has raised $13 million from investors, a Read More →

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