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 Yesterday 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 Yesterday 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 Yesterday 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

Banana Republic's Latest Fashion Line: 'The Startup Guy'

Despite their status as the new white collar villains of our day (or probably, because of it), startup founders have one more victory to tout: fashion icons. At least according to Banana Republic, which is now using a very warped notion of Silicon Valley chic to sell beige fabric. » 7/21/14 10:37am Monday 10:37am

Vinod Khosla Says It's "Blackmail" For Activists to Save Public Beach

Billionaire Vinod Khosla has dealt with actual extortion before. So he should know better than to throw around the word "blackmail." But the venture capitalist insists that he's the real victim in his fight to close off public access to Martins Beach. » 7/18/14 7:15pm Friday 7:15pm

Google Gives Executive $8 Million Bonus For Bailing on His Contract

It's become de rigueur in Silicon Valley to let departing executives keep their needlessly plump bonus packages—no matter what the circumstances. First, Yahoo's incompetent COO took home $58 million just for getting fired. Now Google's former Chief Business Officer is getting to keep an $8 million bonus he was… » 7/18/14 3:15pm Friday 3:15pm

SF Billboard Says Higher Minimum Wage Means iPads Will Replace Workers

When it comes to threatening workers into accepting poverty wages, a new billboard erected in San Francisco knows just how to do it. The advertisement, prominently displayed on a downtown building outside Pando's offices, warns workers that they'll be replaced by iPads if San Francisco's voters approve a $15 minimum… » 7/18/14 2:45pm Friday 2:45pm

Tech's Whitest White Man Still Thinks You Aren't Trying Hard Enough

About a year ago, millionaire tech investor and adult-sized baby Jason Calacanis proclaimed a simple message: if you're not successful in this country, you're not working hard enough. Every bias and bigot-ism is just an obstacle to hop over. This week he's at it again. Why is anyone still listening? » 7/18/14 2:18pm Friday 2:18pm