VENTURE CAPITAL POST

San Francisco has sued the city of Oakland over its plan to rename its airport to "San Francisco Bay Oakland International Airport."

A business owner in San Francisco has embarked on a hunger strike to bring attention to a new bike lane on Valencia Street, which he believes will negatively affect business operations along the corridor.

San Francisco is threatening to sue Oakland if it changes its airport name to "San Francisco Bay Oakland International Airport."

SFO voiced concerns about Oakland International Airport integrating "San Francisco" into its name change.

Elon Musk's X, formerly known as Twitter, is facing a lawsuit from the landlord of its San Francisco headquarters who seeks $13.6 million to refill a line of credit after the company allegedly failed to pay rent.

A new vibe emerged in San Francisco on this year’s SOCAP (Social Capital Markets Conference) conference – a premier gathering on impact investment and social entrepreneurship. The conference is historically focused on Cleanteach – getting money into hard to reach areas – providing basic human services like sanitation and clean water to those who need it most.

A US Court has rejected $12.25-million legal case between Lyft and its drivers. Lyft and attorney of drivers need to sit back again on further discussions after the latest judgment.

The on-demand shippping company startup Shyp was selected as eBay partner. Shyp will handle packing and shipping for eBay sellers.

As the birthplace of venture capital in 1960's, a report from Martin Prosperity Institute showed that San Francisco is still leading venture capital investment in the United States. While New York and East Coast region followed behind.

Google has planned to introduce WiFi network service in San Francisco during 2007 in collaboration with Earthlink. The initiative ultimately has gone into vein. Finally another Alphabet subsidiary, Google Fiber has announced introducing high speed gigabit internet service to some select places of San Francisco.

Abingworth, the life-sciences international investment firm, announced last Thursday that they have raised a new $105 million Abingworth Clinical Co-Development Fund (ACCF) - the result of an investment made by the European Investment Fund and others. The fund is designed to support late-stage clinical therapies through co-development companies.

Uber has changed its driver recruitment policy and advised the previously rejected applicant seeking for drivers’ job to take the benefit of proposition 47. This law allows nonviolent criminal offenders to downgrade their offence level to misdemeanor through submitting applications. Uber’s effort is believed to benefit the released inmates who aim to rebuild their lives.

Airbnb shelled out more than $8 million to stop an initiative in San Francisco that would limit short-term rentals. Reuters reported that the ballot, called proposition F, could threaten the growth of this giant international tech company.

Berkeley's wage is set to rise to $19 by the year 2020, however, business owners oppose the proposal saying it will put their business at risk a that will eventually lead to closure. While activists and unions struggle for a $15 wage hike, Berkeley ha a proposal of $19 per hour by the year 2020. This would offer workers more of a living wage.

Apparel retailer Gap Inc (GPS.N) said it would close a quarter of Gap specialty stores in North America over the next few years, including 140 this year, potentially affecting thousands of jobs as the company struggles with a slump in sales at its namesake brand.