Business and Technology News

    EBay accuses Amazon in suit of poaching high-value sellers


    EBay is suing e-commerce rival Amazon.com, claiming that the world’s largest online retailer infiltrated eBay’s internal email system to recruit high-value sellers Amazon’s illegal efforts “appear to be part of a larger pattern of aggressive,...

    EBay is suing e-commerce rival Amazon.com, claiming that the world’s largest online retailer infiltrated eBay’s internal email system to recruit high-value sellers Amazon’s illegal efforts “appear to be part of a larger pattern of aggressive, unscrupulous conduct,” according to the complaint filed Wednesday in state court in San Jose. Amazon, through a spokeswoman, declined to comment. The company has said it is investigating eBay’s allegations, which came to light this month after the internet marketplace’s lawyers sent a cease-and-desist letter to Amazon. EBay has accused Amazon of poaching sellers on its site around the world by infiltrating and using eBay’s member-to-member email system.

    Pension fund officials want Zuckerberg removed as Facebook chairman


    Public officials in four states say they want Facebook to have an independent board chair, effectively calling for the removal of CEO Mark Zuckerberg as chairman due to the social media company’s recent scandals. The state treasurers of Illinois, Rhode...

    Public officials in four states say they want Facebook to have an independent board chair, effectively calling for the removal of CEO Mark Zuckerberg as chairman due to the social media company’s recent scandals. The state treasurers of Illinois, Rhode Island and Pennsylvania, along with the city comptroller of New York, signed on to a shareholder proposal originally filed by investor Trillium Asset Management in June. They argue separating Facebook’s chairman and CEO rolls is “in the best interest of shareholders, employees, users and our democracy.” The public officials are bringing the proposal in their capacity as overseers of various pension funds that own Facebook stock.

    Fed officials discussed hiking rates to ‘restrictive’ level


    WASHINGTON — Federal Reserve officials last month debated how high they should raise interest rates to achieve their economic goals, with some arguing that they might need to lift rates to a level that would modestly restrain growth. In the end, the...

    WASHINGTON — Federal Reserve officials last month debated how high they should raise interest rates to achieve their economic goals, with some arguing that they might need to lift rates to a level that would modestly restrain growth. In the end, the Fed modestly raised its key short-term rate and predicted that it would continue to gradually tighten credit to manage growth and inflation amid a steadily healthy job market and economy. The discussion, revealed Wednesday in minutes of the Fed’s Sept. 25-26 policy meeting, showed that a few participants thought the Fed’s key rate would need to “become modestly restrictive for a time” to prevent inflation from climbing too high.

    Twitter airs election meddling data


    Twitter is releasing all known accounts and posts related to “information operations” dating back to 2016, when it was first learned that foreign operators were using social media to meddle in U.S. elections. Twitter has already disclosed the account...

    Twitter is releasing all known accounts and posts related to “information operations” dating back to 2016, when it was first learned that foreign operators were using social media to meddle in U.S. elections. Twitter has already disclosed the account numbers, but is now releasing the actual tweets, images, video and other information so that outside researchers can study them. The San Francisco company said Wednesday that the data comprises more than 4,600 accounts and over 10 million tweets, most affiliated with the Russia-linked Internet Research Agency and potentially linked to Iran. Twitter says the earliest activity it found on its service from these accounts dates back to 2009.

    Ship traffic, Oct. 16


    Ship traffic Due to arrive today SHIP FROM PORT APL Sentosa Los Angeles OAK Botany Bay Seattle OAK CSAV Rio Grande Nagoya, Japan BNC Diamond Harbour Squamish, B.C. SFO Global Trinity Kitakyushu, Japan SFO Matsonia Honolulu OAK NYK Deneb Los...

    Ship traffic Due to arrive today SHIP FROM PORT APL Sentosa Los Angeles OAK Botany Bay Seattle OAK CSAV Rio Grande Nagoya, Japan BNC Diamond Harbour Squamish, B.C. SFO Global Trinity Kitakyushu, Japan SFO Matsonia Honolulu OAK NYK Deneb Los Angeles OAK Ruby Princess Victoria, B.C. SFO Due to depart today SHIP TO PORT Botany Bay Tauranga, New Zealand OAK CSAV Rio Grande Port Unknown BNC Ever Laden Tokyo OAK Ever Lyric Tacoma, Wash. OAK Hamburg Bridge Tokyo OAK Maersk Antares Vostochny, Russia OAK Manoa Honolulu OAK MSC Vandya Busan, South Korea SFO NYK Rumina Los Angeles SFO Ruby Princess Los Angeles SFO Source: S.F. Marine Exchange

    Ship traffic, October 18


    Ship traffic Due to arrive today SHIP FROM PORT APL Mexico City Los Angeles OAK Conti Crystal Los Angeles OAK Ever Envoy Los Angeles OAK MOL Brilliance Long Beach OAK Santa Barbara Toyama, Japan SFO Due to depart today SHIP TO PORT Bangkok...

    Ship traffic Due to arrive today SHIP FROM PORT APL Mexico City Los Angeles OAK Conti Crystal Los Angeles OAK Ever Envoy Los Angeles OAK MOL Brilliance Long Beach OAK Santa Barbara Toyama, Japan SFO Due to depart today SHIP TO PORT Bangkok Bridge Tokyo OAK CAP Jackson Long Beach OAK Equuleus Leader Port Unknown BNC Ever Laden Tokyo OAK Honourable Henry Jackman Port Unknown SFO MOL Brilliance Xingang, China OAK Source: S.F. Marine Exchange

    Only 1 Calif. city cracks Glassdoor's 'Best Cities for Jobs' list; Midwest dominates


    If you move to San Francisco, you just might find a job. Finding affordable housing is another matter. That largely accounts for the reason San Francisco placed 22nd — behind cities like Detroit and Columbus, Ohio — on Glassdoor's annual ranking of...

    If you move to San Francisco, you just might find a job. Finding affordable housing is another matter.

    That largely accounts for the reason San Francisco placed 22nd — behind cities like Detroit and Columbus, Ohio — on Glassdoor's annual ranking of the "25 Best Cities for Jobs."

    San Francisco fared better than every other major metro in California. It was the only Golden State city to make the list.

    Business News Roundup, Oct. 17


    Earnings Netflix easily beats forecast Netflix reported third-quarter earnings of $402.8 million on revenue of $4 billion, above Wall Street analysts’ forecasts. On a per-share basis, the Los Gatos company said it had net income of 89 cents. It added 7...

    Earnings Netflix easily beats forecast Netflix reported third-quarter earnings of $402.8 million on revenue of $4 billion, above Wall Street analysts’ forecasts. On a per-share basis, the Los Gatos company said it had net income of 89 cents. It added 7 million subscribers to its streaming service, for a total of 137 million. The company recently announced plans for a production hub in Albuquerque that could employ 1,000 as it seeks to produce more of its own shows. Online payments PayPal raises Venmo fee PayPal Holdings Inc. increased a Venmo fee as part of a broader push to make money from the fast-growing mobile payment service, prompting backlash from users on social media.

    Lyft announces $299 subscription plan, but you won't get unlimited rides


    The 30 plan includes up to 30 rides valued at $15 or less each. Plan holders have to pay any cost over $15, and unused rides will not carry over to the next period of the...

    The 30 plan includes up to 30 rides valued at $15 or less each. Plan holders have to pay any cost over $15, and unused rides will not carry over to the next period of the plan.

    After more than a decade of squabbling, will IKEA finally come to this East Bay city?


    In 2004, Dublin City Council approved the development of a massive IKEA retail store along a grassy stretch off Interstate 580. Two years later, the Swedish furniture company withdrew its application. In 2013, after a series of development ventures came...

    In 2004, Dublin City Council approved the development of a massive IKEA retail store along a grassy stretch off Interstate 580. Two years later, the Swedish furniture company withdrew its application.

    In 2013, after a series of development ventures came and went, IKEA acquired the abandoned land parcel once more.

    It is now 2018. There is no IKEA in Dublin. Will the East Bay city ever get its meatballs and affordable home goods?

    Ship traffic, October 17


    Ship traffic Due to arrive today SHIP FROM PORT APL Sentosa Los Angeles OAK Bangkok Bridge Long Beach OAK CAP Jackson Seattle OAK Dallas Express Long Beach OAK Equuleus Leader Port Hueneme (Los Angeles County) BNC Ever Laden Los Angeles OAK Horizon...

    Ship traffic Due to arrive today SHIP FROM PORT APL Sentosa Los Angeles OAK Bangkok Bridge Long Beach OAK CAP Jackson Seattle OAK Dallas Express Long Beach OAK Equuleus Leader Port Hueneme (Los Angeles County) BNC Ever Laden Los Angeles OAK Horizon Enterprise Honolulu OAK Sheila Ann Port McNeill, B.C. SFO Due to depart today SHIP TO PORT Dallas Express Seattle OAK Ever Eagle Taipei, Taiwan OAK Hamburg Bridge Tokyo OAK Horizon Enterprise Los Angeles OAK Star Lima Port Unknown SCK Source: S.F. Marine Exchange

    Benioff on Bay Area's 70 billionaires: 'You're either for kids and homeless, or you're for yourself'


    Salesforce co-CEO and co-founder Marc Benioff pointed out Monday the incongruity in the 70 billionaires calling San Francisco home and the more than 7,500 individuals and 1,200 families with young children living on the...

    Salesforce co-CEO and co-founder Marc Benioff pointed out Monday the incongruity in the 70 billionaires calling San Francisco home and the more than 7,500 individuals and 1,200 families with young children living on the street.

    Order a coffee and pay, with a tap on the dash


    As self-driving cars pull onto the nation’s roads, these advanced abilities will help manage the traffic mix of tomorrow, but they may also change the way we communicate while on the go. Automakers are betting that if our cars have the technological...

    As self-driving cars pull onto the nation’s roads, these advanced abilities will help manage the traffic mix of tomorrow, but they may also change the way we communicate while on the go. Automakers are betting that if our cars have the technological muscle to keep us connected, we will park our phones when we get in and communicate from the dashboard. A side benefit of all this technology is that it will also usher in a range of conveniences. These may include offering drivers options for fuel, food and lodging, perhaps with a bit of a hard sell thrown in. For owners of some General Motors vehicles, a taste of this future is already here. Since December, GM has equipped about 3 million cars with an in-dash system it calls Marketplace.

    Britain may require companies to report race pay gap


    Companies in Britain would have to report pay disparities among ethnic groups in their workforce under a rule being considered by Prime Minister Theresa May’s government. The idea is a response to a study published last year that showed significant pay...

    Companies in Britain would have to report pay disparities among ethnic groups in their workforce under a rule being considered by Prime Minister Theresa May’s government. The idea is a response to a study published last year that showed significant pay disparities between ethnic minorities and their white counterparts in Britain. It comes after the government began requiring large companies to report pay disparities between men and women. “Too often ethnic minority employees feel they’re hitting a brick wall when it comes to career progression,” May said in a statement.

    You won’t lose sleep over these smart beds


    Eight Mars+ Cnet rating: 3.5 stars out of 5 The good: The Eight Mars+ queen mattress comes with a Wi-Fi-connected, sensor-filled cover that tracks what happens when you sleep, from tosses and turns to your heart rate. The info is helpful if you want to...

    Eight Mars+ Cnet rating: 3.5 stars out of 5 The good: The Eight Mars+ queen mattress comes with a Wi-Fi-connected, sensor-filled cover that tracks what happens when you sleep, from tosses and turns to your heart rate. The info is helpful if you want to figure out why you might have had a bad — or good — night’s sleep. It also has useful integrations with Amazon Alexa, Nest, Philips and other smart home devices. And if you get cold at night, the mattress cover has dual-zone heating. The bad: Some of the stats about going to sleep and getting out of bed had inaccurate times. And you could accomplish a lot of the same smart integrations with a wearable and your own programs.