Stephen Colbert Asks Tim Draper Why He Wants to Destroy California

The only thing that could make grinning villain venture capitalist Tim Draper look more sinister and insane than campaigning to divide California into six poorly named states is laughing maniacally on the Colbert Report. Now, we can cross that off the list. » 7/24/14 11:13am 7 minutes ago

Twitter Buries Pathetic Diversity Numbers Behind Facebook News

After initially dragging their feet, Twitter has finally released their diversity numbers, one minute before the industry's biggest financial news. It's easy to see why: the company is just as lily white as every other big tech player. » 7/23/14 5:45pm Yesterday 5:45pm

Why Would Ashton Kutcher Photoshop a Tweet About a Startup?

Yesterday evening, Ashton Kutcher tweeted out a photo of a "brain sensing headband" called Muse, telling his 16.3 million followers that he was: " Excited to learn from this incredible technology." Kutcher didn't mention that he's an investor, or why his name appears to be photoshopped onto the product. » 7/23/14 2:45pm Yesterday 2:45pm

If TaskRabbit Is the Future of Employment, the Employed Are Fucked

The employment of the future is here, and it's terrific for everyone except the people doing the work. TaskRabbit, which lets you outsource the things you don't want to do to people who need money, is at the forefront of this chore revolution, and it's already making some lives harder. » 7/23/14 1:30pm Yesterday 1:30pm

Airbnb Finally Gets In the Game and Starts Poaching Politicos

You wouldn't guess it from the ubiquitous subway ads or astroturfing campaigns, but Airbnb's legislative efforts are a little behind the times. For example, the company spent "tens of millions" on a New York "advertising blitz" after a judge first ruled on a subpoena from the state attorney general. » 7/22/14 6:04pm Tuesday 6:04pm

Apple Hit With Class Action Lawsuit Over Unpaid Wages

Apple is now facing a class action lawsuit for unpaid wages. The suit was originally filed on behalf of Genius Bar employees in 2009, alleging Apple denied workers their legally-required meal and rest breaks. Following years of litigation in California's Superior Court, the case was certified as a class action suit… » 7/22/14 5:48pm Tuesday 5:48pm

NBA All-Star Carmelo Anthony Is Now a Venture Capitalist

NBA forward Carmelo Anthony is already rich. The seven time All-Star just signed a five-year contract with the New York Knicks worth a reported $122 to 129 million. But Anthony wants to gamble with his wealth like everyone else, and is putting part of his fortune into Silicon Valley's startup scene. » 7/22/14 1:35pm Tuesday 1:35pm

This Startup Office Is Cursed

The building at the corner of 23rd and Bryant in San Francisco is proving to be poison for tech companies. Its landlord originally displaced an arts collective to turn the space into startup offices. Bloodhound was was initially lured into the high-rent building, but was bled dry within fifteen months. Soldsie » 7/21/14 5:45pm Monday 5:45pm

Swag, Vapes, and Econ: My Day at the North American Bitcoin Conference

Bitcoin may have emerged from a shadowy corner of the internet, but soon, it'll have its own government affairs office in Washington. According to the crypto-currency's biggest advocates, who assembled at the second North American Bitcoin Conference this weekend in Chicago, Bitcoin is all grown up. In reality, it's… » 7/21/14 3:48pm Monday 3:48pm

RadiumOne Issues Mealymouthed Apology to Avoid Gurbaksh Chahal Lawsuit

RadiumOne and Gurbaksh Chahal issued a joint statement today in order "to bring an end to all disputes they have had." RadiumOne fired Chahal as CEO after he pled guilty to domestic violence. Chahal threatened to sue his board for encouraging him to take a plea rather than fight the 45 felony counts he was facing in… » 7/21/14 3:43pm Monday 3:43pm

Dem. Strategist Smacks "Six Californias" Over Alleged Voter Fraud

The campaign to split California into six smaller states in order to benefit Silicon Valley isn't just nuts—according to a California politico, it's illegal, too. » 7/21/14 2:56pm Monday 2:56pm

New York Has Its Own Loathsome App to Scalp Hot Restaurant Reservations

San Franciscans were aghast at the launch of ReservationHop, a service that scrapes plum restaurant reservations and sells them back to diners who can pay a premium. But the inspiration for inserting a middleman into fine dining may have arisen in New York, a city with more experience in separating the haves from… » 7/21/14 2:40pm Monday 2:40pm