India Breaking News: Biz Break: Google, Netflix and other tech stocks roar back in market rally

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Wednesday, August 26, 2015

Biz Break

Biz Break: Google, Netflix and other tech stocks roar back in market rally

Biz Break: Google, Netflix and other tech stocks roar back in market rally

Today: Tech stocks held onto their gains Wednesday as U.S. stocks surged. Also: Facebook is testing a new digital assistant called 'M' in the company's messaging app.

Super Bowl 50: Bay Area residents hope to cash in by renting out their homes

With many hotel rooms already booked for Super Bowl 50 next February in Santa Clara, thousands of Bay Area residents are hoping to rent out their houses, apartments, cottages and even spare bedrooms to cash in on the hordes of visitors expected in the region.

Cupertino: Vallco Mall owners propose world's largest green roof

The new owners of Vallco Shopping Mall in Cupertino announced Wednesday they have a $3 billion plan that will radically remake the outdated center and cover it with the 'largest green roof in the world.'And they'll even throw in a new school for the city.

U.S. stocks rebound to log best day in 4 years

An afternoon surge Wednesday gave the stock market its best day in close to four years, as stocks rebounded from a six-day slump.

Solyndra misrepresented facts to get loan guarantee, probe finds

A four-year investigation has concluded that officials of former Fremont solar company Solyndra misrepresented facts and omitted key information in their efforts to get a $535 million loan guarantee from the federal government.

Facebook tests AI-based digital assistant in challenge to Siri

Facebook is testing a personal digital assistant, called M, to run inside its Messenger mobile application, an early step toward a challenge to artificial intelligence-based services like Apple's Siri, Google's Google Now and Microsoft's Cortana.

Intel invests $60M in Chinese drone maker Yuneec

Intel has poured more than $60 million into Yuneec International Co., a Shanghai-based drone and aerospace company, as a broad range of technology companies investigate the possible commercial uses of unmanned aircraft.

Kephart: Even odds for new Raiders stadium Coliseum City development

Despite growing pessimism about his ability to nail down a $4 billion development deal, including a new stadium for the Oakland Raiders, Floyd Kephart said he still had even odds to get the deal done.

Burger King to McDonald's: Let's make a McWhopper

In full-page newspaper ads Wednesday, Burger King says it's calling for a truce with McDonald's so that they can create a mashup of their most famous burgers -- the Big Mac and the Whopper -- a McWhooper.

Despite stock plunge, financial health of many is still solid

Many Americans have just absorbed a financial beating -- at least as measured by their stock holdings. It's the kind of blow that can feed a sense of helplessness about retirement, college savings and higher-than-expected bills.

Antioch revokes defamed developer's permit to refurbish Kelly's Card Room

Nearly two years after it voted unanimously to approve Danville real estate developer Anthony Keslinke's plan to restore the now-defunct Kelly's Card Room, the City Council voted unanimously Tuesday to revoke the permit for the project issued to Keslinke, who is to be sentenced in November on fraud charges.

Bay area workers, immigrant rights groups protest '$500K green cards' program for SF hotel

While San Francisco is celebrating the impending restoration of the Tenderloin's Renoir Hotel by foreign investors seeking U.S. citizenship, hotel workers and immigrant rights groups today expressed reservations about the project.