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 trade.
In an updated financial filing Monday, San Francisco-based Lending Cl ...
Yahoo’s embattled CEO Marissa Mayer is expected to lay out her strategy for reviving the Sunnyvale Internet giant and counter an unhappy investor during Tuesday’s third-quarter earnings report.
Mayer is expected to provide more information about her acquisitions strategy and cost-cutting measures, the Wall Street Journal r ...
With Apple set to reveal its fourth quarter earnings today, analysts are eager to see just how much the company has profited from record-breaking iPhone sales.
In a poll conducted by Fortune, each analyst surveyed predicted that Apple would have a record quarter. The consensus among analysts is that Apple will log $40 billion in reven ...
IBM on Monday said it is unloading its unprofitable chip-making business to Santa Clara-based Globalfoundries in an unusual deal in which IBM will pay Globalfoundries $1.5 billion over three years to acquire the business.
Through the transaction, Globalfoundries will take over IBM’s chip-making operations in East Fishkill, New Y ...
“I think the critique that Silicon Valley companies are deliberately, systematically discriminatory is incorrect.”
— Marc Andreessen, venture capitalist, addresses the tech diversity question in an interview with New York Magazine. He cites two reasons for his view: Referring to the mixture of whites from the U.S. and from ...
In a field of squat and clunky smartwatches, Apple’s timepiece easily tops the best-dressed list. But it may soon face some competition for the fashion crown.
LVMH, which owns high fashion brands such as Louis Vuitton and Givenchy, is considering joining forces with a tech company to offer a smartwatch, according to the Wall Street Jo ...
"No matter how much of our life moves online, we’re always going to have our favorite places around the corner from us. I think we’ve seen a diminishment of the town square: the coffee house, the bar, the salon. They Read More →
After blasting San Francisco for its ambivalent weather, uptight women, the homeless, a lack of nightlife and other shortcomings, big-mouthed smarty-pants entrepreneur Peter Shih seems to have alienated just about everyone who's ever lived in SF, visited SF or dreamed Read More →
The news that Steve Ballmer is retiring as CEO of Microsoft is inspiring all manner of sober assessments of his tenure at the company.
It's also sparked plenty of speculation about his possible successor. Our favorite rumor of the day, via Read More →
A new report shows the NSA has run up millions of dollars in costs associated with Prism, a massive spying program that involves demanding user information from companies such as Facebook, Google, Microsoft and Yahoo.
That gathering such information costs loads Read More →
With the venture industry increasingly dominated by a handful of multibillion-dollar powerhouses like NEA and Sequoia Capital, smaller boutique firms have arisen to focus on particular startup sectors or stages. Outfits like True Ventures and Read More →
A group of consumer watchdogs have raised objections to an $8.5 million settlement proposal for an Internet privacy lawsuit brought against Google, complaining that the deal doesn't require Google to make any substantive changes and doesn't really benefit consumers who Read More →
"This is an emotional and difficult thing for me to do. I take this step in the best interests of the company I love; it is the thing outside of my family and closest friends that matters to me most."
— Read More →
Join Pat & Mike for the fastest 10 minutes -- or so -- in Silicon Valley. They talk with special guest Chris "Buzz Kill" O'Brien of the Los Angeles Times. Chris has been looking at signs of a Silicon Read More →