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Mandatory evacuations were ordered for communities across San Bernardino County, east of Los Angeles, as the so-called Line Fire raged through woodland and burned through more than 23,700 acres by Monday night. The fire in the foothills of the San Bernardino National Forest was 5% contained as of around 8 p.m. PT Monday, according to the California Department of Forestry and Fire Protection, or CalFire. March Air Reserve Base in Riverside County, just south of San Bernardino County, reached 105, according to the National Weather Service. “The triple-digit weather down here is nasty.”Newsom proclaimed a state of emergency for San Bernardino County Saturday night. State officials said vegetation is critically dry in San Bernardino County and temperatures reached more than 100 degrees on Saturday, with relative humidity ideal for the fire to spread.
Persons: CalFire, Gavin Newsom, Eric Thayer, Dan Munsey, Smiley, , , Steven Michael King, Michael Lee, Lee, ” Lee, ” Newsom, Firefighters Organizations: San Bernardino National Forest, PT, California Department of Forestry, Gov, National Guard, Unified, Redlands Unified, National Weather Service, San Bernardino Fire Protection, Downtown, Air Reserve Base, Angeles National Forest, Running, Associated Press, AP, San Bernardino Locations: San Bernardino County, Los Angeles, Forest, California, Orange County, Running Springs, Calif, Running, Downtown Los Angeles, Riverside County, L.A, Lake, Highland, Clearlake City, San Francisco
CNBC TechCheck Evening Edition: September 10, 2024
  + stars: | 2024-09-10 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC TechCheck Evening Edition: September 10, 2024CNBC's TechCheck brings you the latest in tech news from CNBC's 1 Market in the heart of San Francisco.
Persons: TechCheck Organizations: CNBC Locations: San Francisco
Baltimore Ravens (0-1)Last week: 3Thursday: Lost to Kansas City Chiefs 27-20Lamar Jackson can’t keep this up. New York Jets (0-1)Last week: 13Monday: Lost to San Francisco 49ers 32-19Let’s focus on the positive: Aaron Rodgers made it through Week 1 perfectly healthy. Cincinnati Bengals (0-1)Last week: 9Sunday: Lost to New England Patriots 16-10Ja’Marr Chase didn’t have a great negotiating week. Atlanta Falcons (0-1)Last week: 15Sunday: Lost to Pittsburgh Steelers 18-10The Falcons spent big on free-agent quarterback Kirk Cousins in the offseason. Cleveland Browns (0-1)Last week: 11Sunday: Lost to Dallas Cowboys 33-17Let’s review the Deshaun Watson situation.
Persons: we’re, Dallas, we’ll, Xavier Worthy, Rashee Rice, Travis Kelce, Xavier, Christian McCaffrey, Heck, Kyle Shanahan, Jordan Mason, McCaffrey, Mason, Brandon Aiyuk, Francisco, Josh Allen, He’s, Steve Young, Keon Coleman, Terrel Bernard, Matt Milano, Joe Mixon, , , Stefon Diggs, Nico Collins, Dan Campbell’s, Jared Goff, David Montgomery, Jameson Williams, Saquon Barkley, Jalen, Jason Kelce, Dak Prescott, Prescott, Tua Tagovailoa, opkRevcnUI, Justin Herbert, Dobbins, Jim Harbaugh, Harbaugh, Baker Mayfield, Mayfield, Baker, Wsb0UiW5hR — Chase Daniel, Derek Carr, Alvin Kamara, Mike Macdonald’s, Kenneth Walker’s, Tariq Woolen, Devon Witherspoon, Macdonald, Mike Macdonald's, Mike Tomlin, Chris Boswell, Justin Fields, Russell Wilson, Kirk Cousins, J.J . McCarthy, Sam Darnold, Darnold, Aaron Jones, Dallas Turner, Keion White, Rhamondre Stevenson, Jacoby Brissett, Drake Maye, Brissett, Bill Belichick, Caleb Williams, D’Andre Swift, Rome Odunze, Greenberg, Lamar Jackson can’t, Jackson, Patrick Mahomes, Derrick Henry, Henry, Anthony Richardson, Alec Pierce, Puka, Matthew Stafford, Cooper Kupp, Kupp, Stafford, Aaron Rodgers, Allen Lazard, Malik Willis, Love, Trevor Lawrence’s, Gabe Davis, Brian Thomas Jr, Marvin Harrison Jr, Maxx Crosby, Christian Wilkins, Antonio Pierce, Chase didn’t, Chase, Tee Higgins, Joe Burrow’s, Will Levis, Levis, Tony Pollard’s, Bo Nix, Joe Nicholson, Sean Payton, Sean McVay, Cousins, Jayden Daniels, Daniels, Tom Brady, Daniel Jones, Barkley, Jones, Malik Nabers, KrhmYcX77S — Alex Wilson, Bryce Young’s, “ We’ve, Dave Canales, Adam Thielen’s, Watson, it’s, Khalil Shakir, Dalton Kincaid, Bryan M, Bennett Organizations: Bears, Texans, NFL, Cleveland Browns, Baltimore Ravens, Chiefs, Super, Bengals, Beat New York Jets, 49ers, Niners, Minnesota Vikings, Beat Arizona Cardinals, Nine Bills, Miami Dolphins, Beat Indianapolis, Cincinnati Bengals, Chicago Bears, Los Angeles Rams, Lions, Tampa Bay Buccaneers, Rams, Green Bay Packers, New York Giants, Former Giants, Atlanta Falcons, Dallas Cowboys, Beat Cleveland Browns, Cowboys, Cleveland, New, New Orleans Saints, Beat Jacksonville Jaguars, Dolphins, Buffalo Bills, Las Vegas Raiders, Ravens, Carolina Panthers, Browns, Panthers, NFC, Detroit Lions, Beat Carolina Panthers, New Orleans, Saints, Beat Denver Broncos, Seattle, New England Patriots, Seahawks, Beat Atlanta Falcons, Steelers, Denver Broncos, Beat New York Giants, Vikings, Atlanta, Eight Vikings, Minnesota, San Francisco 49ers, Beat Cincinnati Bengals, Seattle Seahawks, Beat Tennessee Titans, Houston Texans, Kansas City Chiefs, Indianapolis Colts, Colts, Detroit, Arizona Cardinals, New York Jets, Tennessee Titans, Philadelphia Eagles, Packers, Jacksonville Jaguars, Jacksonville, 33rd Team, Jaguars, Dallas, Los Angeles Chargers, The Raiders, Chargers, Chicago, ET Broncos, Broncos, Pittsburgh Steelers, Falcons, Washington, Fox, Eagles, Carolina Locations: Dallas, Houston, South America, New Orleans, J.K, Tampa Bay, Carolina, England, Baltimore, Jordan, Brazil, Dak, Arizona, Cincinnati, That’s, Tennessee, Seattle, USA, Denver
CNN —The San Francisco 49ers put in a dominant showing to beat the New York Jets 32-19 on Monday, spoiling Aaron Rodgers’ return to NFL action. Rodgers returned to NFL action for the first time since Week 1 last season. Thearon W. Henderson/Getty ImagesDespite the poor start, Rodgers soon showed why the Jets traded for him ahead of last season. However, the Jets offense then struggled to produce much until late in the third by which point San Francisco had built up a comfortable lead. Per the NFL, the Jets only had 21:20 minutes of possession, the lowest mark of Rodgers’ career.
Persons: Aaron Rodgers ’, Jordan Mason, Christian McCaffrey, Mason, Jake Moody, Brock Purdy, ” Purdy, , McCaffrey, I’m, Rodgers, Fred Warner, Thearon, Henderson, San, Rodgers –, Garrett, Wilson, , ” Rodgers, Kyle Shanahan’s, Brandon Aiyuk Organizations: CNN, San Francisco 49ers, New York Jets, NFL, 49ers, Jets, Breece, Green Bay Packers, Kansas City Chiefs, Super, San Locations: Francisco, New York, San Francisco
San Francisco 49ers running back Christian McCaffrey missed his team’s Monday night game against the New York Jets with a calf and Achilles injury. The 49ers replaced him with Jordan Mason, who dominated the Jets' defense. McCaffrey was limited in practice all week because the injury. He was listed as questionable on the team’s injury report, but he told the media Friday he was not concerned about being held back for Week 1. McCaffrey has been dealing with an injury to his calf and Achilles since August.
Persons: Christian McCaffrey, Jordan Mason, McCaffrey Organizations: San Francisco 49ers, New York Jets, 49ers, Jets, San Locations: San Francisco's, San Francisco, Carolina
But a new study has found that a particular group of chemicals called metabolites, which are tested for as part of routine newborn screenings, could identify babies with an elevated risk. The researchers compared the results of newborn screening tests for 354 infants who died of SIDS with 1,416 infants who did not. “Maybe we’re looking at some food sensitivities,” she said, but added that much more research is needed into the link between SIDS risk and metabolism. Dr. Joanna Parga-Belinkie, a neonatologist at Children’s Hospital of Philadelphia who also wasn’t involved, similarly questioned whether newborn screenings can provide enough answers. “But every baby that’s born isn’t going to get a deep-dive genetic evaluation — they do get newborn screenings,” she added.
Persons: SIDS, Laura Jelliffe, , Pawlowski, , we’re, ’ ”, Stephanie Napolitano, Joanna Parga, “ It’s, Debra Weese, Mayer, wasn’t, isn’t, it’s, ” Napolitano Organizations: U.S, Disease Control, New York University, University of California, Nationwide Children’s, Children’s Hospital of Philadelphia, Lurie Children’s Hospital of Chicago Locations: SIDS, San Francisco, California
SAN DIEGO — Fighting tears, Alex Morgan waved to the crowd and walked off the field for the last time on Sunday as she capped an impactful 15-year career. The two-time Women’s World Cup winner announced on Thursday she was pregnant with her second child and retiring from the game. Overall, it was her 150th career appearance in National Women’s Soccer League play. Morgan’s U.S. national team career was full of accomplishments, including World Cup titles in 2015 and 2019, and an Olympic Gold medal in 2012. Morgan played in 224 matches for the U.S. national team, with 123 goals (fifth on the career list) and 53 assists (ninth).
Persons: Alex Morgan, subbing, ” Morgan, Morgan, Charlie, Joe Musgrove, , Jessica Berman, , Amber Brunner, equitably, Alex Organizations: DIEGO, San Diego Wave, North Carolina Courage, Women’s Soccer League, England, Portland Thorns, Wave, U.S ., U.S, Soccer, Community, San Diego Padres, San Francisco Giants, men’s Locations: France, Morgan’s, U.S
Disney and DirecTV are not likely to reach a deal in time for "Monday Night Football" according to people familiar with the matter. As a result of the fight, DirecTV customers were unable to see the U.S. Open and the first full weekend of the college football season. DirecTV alerted customers on Friday to competitor alternatives for watching ESPN and also said it would provide a $30 credit to customers. However, Charter and Disney reached a deal hours ahead of "Monday Night Football" that allowed customers to tune in that night. The dispute between DirecTV and Disney has led to mudslinging between the two companies reminiscent of most carriage fights.
Persons: Rob Thun, Venu —, Venu, Disney, It's, Jimmy Pitaro, Nielsen, Pitaro, Adam Schefter, DirecTV's Thun Organizations: ESPN, Jacksonville Jaguars, Cincinnati Bengals, EverBank, DirecTV, Disney, FX, ABC, U.S ., CNBC, Walt Disney Co, Fox Corp, Warner Bros, NFL, Federal Communications Commission, Charter Communications, New York Jets, San Francisco 49ers Locations: Jacksonville , Florida, American, U.S
She focused on this gig early in the morning, in the evening, on the weekends, or during working hours on the days her full-time employer allowed her to work from home. While overemployment has increased Olivia's work-related stress, it's reduced her financial stress — something she said has helped her pursue a healthy romantic relationship. That's because the long working hours can take a toll, and remote job opportunities can be difficult to land. As long as she lives in her area of California, she's not sure she'll ever buy a home. Are you working multiple remote jobs at the same time and willing to provide details about your pay and schedule?
Persons: , Olivia, What's, Doxo, jugglers, she's, overemployment, Overemployment, it's Organizations: Service, Business, New York Times, BI Locations: California's Bay, San Francisco, San Jose, Bay, California
Oracle shares jump on earnings and revenue beat
  + stars: | 2024-09-09 | by ( Jordan Novet | ) www.cnbc.com   time to read: +3 min
Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017. Here is how the company did compared to LSEG consensus:Earnings per share: $1.39 adjusted vs. $1.32 expected$1.39 adjusted vs. $1.32 expected Revenue: $13.31 billion vs. $13.23 billion expectedOracle's revenue increased 8% from $12.45 billion a year ago, according to a statement. For the current quarter, Oracle expects revenue growth of 8 to 10%, CEO Safra Catz said on the earnings call. The company said its cloud services and license support business generated $10.52 billion in revenue. During the quarter, Oracle announced the opening of a second cloud region in Saudi Arabia and said its database software will be available through Google's public cloud.
Persons: Larry Ellison, Safra Catz, Catz, Oracle's, Ellison, Oracle Organizations: Oracle Corp, Oracle, Amazon Web Services Locations: San Francisco, Saudi Arabia
“I lucked out.”Back then nobody imagined “Star Wars” would become a blockbuster, let alone an enduring franchise and cultural phenomenon. James Earl Jones and Darth Vader during "Star Wars: Episode II - Attack of the Clones" premiere event. Jesse Dittmar for The Washington Post/Getty Images Jones, seen here in 1960, was born in Arkabutla, Mississippi, in 1931. Steve Ringman/San Francisco Chronicle/Getty Images Jones appears with Alec Baldwin in a scene from "The Hunt for Red October" (1990). The LIFE Picture Collection/Getty Images Jones appears next to Darth Vader, who he famously voiced in the "Star Wars" movies.
Persons: James Earl Jones, Jones, Darth Vader, King ”, , Bob Iger, , ” Jones, George Lucas, David Prowse, “ George, Lucas, Vader, Jim Spellman, WireImage, , you’ve, Luke Skywalker, Mark Hamill, ” Hamill, He’ll, , ’ ”, Robert Earl Jones, James, Langston Hughes, Bettmann, Stanley Kubrick’s “, Strangelove, Jack Johnson, Tony, Sidney Poitier, Alex Haley, TV’s, Thulsa, Conan, ” Kevin Costner’s, Admiral Greer, Costner, Jones ’, King Jaffe Joffer, Wan Kenobi, Mufasa, “ L.A, Law ”, King James, Rachael Ray, ” James Earl Jones, Jesse Dittmar, William Shakespeare's, Stanley Kubrick's, Julienne Marie, Alan Aaronson, Harry Benson, Richard Nixon, Julie Harris, Angela Lansbury, Jerry Orbach, Muhammad Ali, King Lear, Jack Mitchell, Paul Robeson, Robeson, Hulton, Marlon Brando, Ronald Reagan's, AP Jones, Thulsa Doom, Everett, Steve Ringman, Alec Baldwin, Nick Ut, George H.W, George H.W . Bush, Bush, Doug Mills, Cecilia Hart, Flynn, Paul Simon, Chita Rivera, Laura Bush, George W, Alex Wong, Grace, Chris Haston, Rosa Parks, Faith Ringgold, Richard Drew, Kevin Wolf, Matt Rourke, Debbie Allen, Evan Agostini, Forest Whitaker, Kevin Winter, Vanessa Redgrave, Daisy, Sara Krulwich, Astrid Stawiarz, Marian Anderson, Matt Slocum, Grant Lamos IV, Steven Senne, John Atashian, Jones “, , Arthur Miller Organizations: CNN, , Walt Disney Company, American Film Institute, , University of Michigan, Army, Disney, The Washington Post, US Army, Newspapers, Broadway, CBS, Getty, New York Daily, Daily, ABC, Walt Disney Television, Everett, Hulton Deutsch, AP, San Francisco Chronicle, Mondadori, Arts, Kennedy, NBC, Elementary, NBA, National Constitution Center, Screen, New York Times, Harvard University, Globe, Academy of Locations: , Michigan, Mississippi, New York, Hollywood, America, “ The, African, Iowa, Arkabutla , Mississippi, New, Vietnam, Washington , DC, George H.W ., Montgomery, Independence, Philadelphia
Read previewMichael Shvo, who shot to prominence in recent years buying billions of dollars of trophy real estate assets, has defaulted on the debt connected to a luxury condo building in Los Angeles. The site was purchased in 2019 by a group of investors that included Shvo, Bilgili Group, and Deutsche Finance. It has hired the real estate services firm Newmark to market the offering to investors and arrange a transaction. AdvertisementShvo purchased $3 billion of prominent real estate assets, including the Transamerica Pyramid building in San Francisco and 711 Fifth Ave. in Manhattan. In previous statements, a spokeswoman explained that BVK's investments with Shvo were handled through intermediaries, including Deutsche Finance and another German financial firm, Universal Investment.
Persons: , Michael Shvo, , Serdar, Newmark, Shvo, BVK Organizations: Service, Los, Los Angeles Recorder's Office, Acore, Beverly, Business, Bilgili, Deutsche Finance, Bayerische, Bilgili Group, Shvo, BVK, Biligili, Core, Universal Investment Locations: Los Angeles, Beverly Hills, Munich, San Francisco, Manhattan, Beverly, New York
Read previewAmerica's wild, multi-year shopping spree has come to an end — and retailers who got used to Americans dropping cash on just about everything are in a tough spot. US retail sales came in stronger than expected in July, with Americans spending more overall compared to the prior month, according to Census data. Around 40% of consumers said they planned to pare back spending on accessories, home decor, jewelry, and furniture, per McKinsey's survey. We're now back in an environment where good retailers, strong brands that offer compelling value … will benefit," Siegel said. In the meantime, that could mean more pain for retailers, Siegel said, speculating that many were caught by surprise by the shift in consumer sentiment.
Persons: , Ted Rossman, Rossman, pare, Simeon Siegel, Siegel, We're, SPDR Organizations: Service, Business, McKinsey & Company, Bankrate, Customers, BMO, Challenger, Walmart, Target, San Francisco Fed, Primerica Locations: FactSet
In this article ESALY4523.T-JPBIIB Follow your favorite stocks CREATE FREE ACCOUNTHannah Yoon | The Washington Post | Getty ImagesLeqembi, an Alzheimer's drug from Biogen and Eisai , isn't a cure for the mind-damaging disease. The drug works in part by clearing toxic plaques in the brain called amyloid, a hallmark of Alzheimer's, according to its manufacturers. The Mayo Clinic's center, which began screening patients for Leqembi in October, has 50 to 60 patients currently taking the drug, according to Petersen. The Mayo Clinic's Alzheimer's center similarly stops dosing patients if ARIA appears on an MRI, according to Petersen. Meeks' neurologist, Dr. Wendell Helveston, said a follow-up MRI picked up one small area of bleeding in her brain that didn't cause any symptoms.
Persons: Hannah Yoon, Missie Meeks, Meeks, Leqembi, I'm, haven't, Julio Rojas, Patricia Waldrup, Biogen's, Alzheimer's, Brian B, Bettencourt, Tracey Collins, Collins, Alex Scott, Scott, Medicare enrollees, Neurologists, Ronald Petersen, Jay Reinstein, Michael Robinson Chávez, Petersen, Michael Irizarry, Eisai's, Eisai, Biogen, Eisai's Scott, It's, Rojas, Wendell Helveston, Bobby Pugh, Bessie Pugh, Karen Pulfer Focht Organizations: Washington Post, Getty, CNBC, University of California, San, San Francisco Health, Toronto Star, Medicare, Mayo Clinic Alzheimer's Disease Research, Georgetown University Hospital, Washington , D.C, Mayo, Leqembi, Mayo Clinic, Reuters, ARIA, Hattiesburg Clinic, Ave Locations: Biogen, Ellisville , Mississippi, U.S, San Francisco, Portland , Maine, Boston, South Mississippi, Washington ,, Mayo, Portland, South Portland, Mississippi, Eisai, Bartlett , Tennessee
CNN —DirecTV filed a complaint Saturday with the Federal Communications Commission alleging Disney did not negotiate in good faith as the two sides remain at an impasse on a distribution deal. ESPN owns the broadcast rights to “Monday Night Football,” which will be blacked out for DirecTV subscribers unless a deal is reached. “We continue to negotiate with DirecTV to restore access to our content as quickly as possible,” a Disney spokesperson told CNN on Sunday. The opening game for “Monday Night Football” features the New York Jets and San Francisco 49ers. The blackout also includes ESPN’s suite of channels and the Disney Channel, Disney Jr., FX and National Geographic.
Persons: Disney, “ Disney, Venu ’, ’ ”, Venu Sports, Kamala Harris, Donald Trump, , San Francisco — Organizations: CNN — DirecTV, Federal Communications Commission, Disney, DirecTV, CNN, Fox Corporation, Warner Brothers Discovery, ABC, ESPN, NFL, Monday, New York Jets, San Francisco 49ers, Buffalo Bills, Jets, Disney Channel, Disney Jr, Geographic Locations: New York, Los Angeles, Chicago, Philadelphia, Houston, San, Fresno , California, Raleigh , North Carolina
For Google, the focus turns to its ad tools, which are part of the company’s $200 billion digital ad business. In the first antitrust case, the court found that Google violated Section 2 of the Sherman Act, which outlaws monopolies. The company’s M&A strategy “set the stage for Google’s later exclusionary conduct across the ad tech industry,” the Justice Department alleges. Google has long fought back against claims that it dominates online ads, pointing to the market share of competitors including Meta. It will argue that buyers and sellers have many options especially as the online ad market has evolved.
Persons: Biden, Donald Trump, Meta, Sherman, Goldman, Bernstein, Amit Mehta, ” Mehta, Google’s, Neal Mohan, Mohan, it’s, AdMeld, Jerry Dischler, It’s, Sissie Hsiao, Scott Sheffer, Prabhakar Raghavan, Simon Whitcombe Organizations: Department of Justice, Google, Microsoft, Big Tech, DOJ, Apple, Federal Trade Commission, Facebook, Amazon, Citibank, NYSE, New York Stock Exchange, YouTube, Google Network, U.S, District of Columbia, Department, DoubleClick, Meta, Stanford, Harvard, New York Times Locations: Alexandria , Virginia, California , Colorado , Connecticut , New Jersey , New York, Rhode Island and Tennessee, Google’s
Breaking Dawn was one of two places that opened in the San Francisco Bay Area last spring emphasizing brunch. Asian American restaurants in other cities have also found that sweet and savory spot between breakfast and lunch. Jessica Nguyen, 28, who was finishing brunch at Breaking Dawn, says she’ll almost always choose Asian brunch over regular eggs or waffles. Within the last few decades, Asian and Asian American cuisine has become more popular through media and savvy foodies. She doesn’t see other restaurants with Asian brunch as rivals.
Persons: Dawn, Liz Truong, Terry Tang, , Truong, Lerspreuk, Thanasit “ Toto ” Nanthasitsira, yum, , Chef Francis Ang, buttered, Jessica Nguyen, she’ll, Nguyen, Martin Manalansan, ” Manalansan, “ It’s, There’s, Eric Silverstein, Silverstein, we’re, ” Silverstein Organizations: GATOS, FO, Breaking, San Francisco Bay Area, NBC Asian Locations: Calif, Bay, sunnyside, Los Gatos, San Francisco Bay, San Mateo, Thailand, Francisco’s, China , Hong Kong, Taiwan, Austin , Texas, Tokyo, Atlanta, NBC Asian America
CNN —Dozens of business leaders are throwing their weight behind Vice President Kamala Harris, saying she is the stronger candidate for the American economy and the future of democracy. In a three-page letter, a group of 88 business leaders — including high-profile current and former executives from major public companies across tech, media, and finance — emphasized that they believe a Harris administration can better nurture the private sector. The endorsements underscore the support Harris has not only in Silicon Valley, a traditional Democratic stronghold, but in some corners on Wall Street and at some consumer-facing companies. On the campaign trail, Harris has positioned herself as perhaps friendlier to business than President Joe Biden. The letter is a vote of confidence for Harris as she and former President Donald Trump appear neck and neck ahead of the November election.
Persons: Kamala Harris, , Harris, , James Murdoch, Mark Cuban, Reid Hoffman, Rupert Murdoch, Michael Lynton, Jeremy Stoppelman, Hoffman, Jeff Lawson, Laurene Powell Jobs, Peter Chernin, Jeffrey Katzenberg, Joe Biden, Trump, Elon Musk, David Sacks, San Francisco, Doug Leone, Joe Lonsdale, Peter Thiel, Donald Trump Organizations: CNN, CNBC, Democratic, Century Fox, Emerson Collective, TCG, Fox, Walt Disney Studios, Trump, San, Republican National Convention, America PAC, Sequoia Capital, Palantir, ABC Locations: Silicon Valley, United States
European private equity firm Hg expressed interest in buying a majority stake in the enterprise software company. For startups, private equity represents a deep-pocketed buyer willing to move quickly, pay a premium, and potentially help the business by tapping into complementary companies in their portfolio. AuditBoard is the kind of startup that private equity goes gaga over. Bidding warArnold then delivered the pitch deck that he had shown to public market investors just weeks before. Here's the 19-slide pitch deck that AuditBoard used to court a $3 billion buyout from private equity.
Persons: , Scott Arnold, Morgan Stanley, Arnold, AuditBoard, Corporates, Daniel Kim, Jay Lee, It's, Fortune, Alex Johnson, Johnson, Morgan Stanley's, Roxanne Oulman's, Nic, Humphries — Hg's, Goldman Sachs, Humphries, he's Organizations: Service, Business, Battery Ventures, Tiger Global, Morgan Locations: Silicon Valley, San Francisco, Shutterfly, Paris
The psychotherapist's 2020 book, "Polysecure," has become the poly bible for an increasingly queer and fluid generation. As consensual nonmonogamy went mainstream, searches for Fern's "Polysecure" spiked. "I've heard authors joke they get a cup of coffee from their book," Fern said. When Jessica Fern and Dave Cooley opened up their relationship, Cooley was surprised at the "searing anguish" he felt about his wife seeing other men. Fern, Cooley, and Fern's partner bought the property together and settled in, planning to live there long term.
Persons: Jessica Fern, Feeld, Lionel Messi, Fern, John, nonmonogamy, Molly Roden Winter's, Miranda July's, I've, Nielsen BookScan, you've, we're, Hannah, Dave Cooley, Cooley, Esther Perel, Dan Savage, Guralnik —, Ross Geller, it's, butch barista, deblasio, Chirlane McCray, Suki Waterhouse, Allison P, Davis, Clinton, isn't, Gilmore, Diego, — they're, Fern disentangled, polyamory, Julia, Apryl, Jessica, John Bowlby, Mary Ainsworth, Fern's polyamorous, she's, It's, Mike Belleme, Tobias, Lindsay, Molly Roden Winter, compersion, Fern's, , Abby, she'd, Axios they'd, Christopher Gleason, they'd, Gleason, We've, curt, Escher, Franklin Veaux, Eve Rickert's, Rickert, aren't, I'm, Daniel Lavery, " Lavery, polysecurity hasn't, She's, pats, hasn't, polysecurity, Fern isn't, We're, Myers, Briggs, there's Organizations: New York Times, New York Magazine, SUNY, Kinsey Institute, George Mason University Locations: Costa Rica, North Carolina, Russian, Manhattan, Asheville, patrick, Fort Greene, San Francisco, Cooley, Sheepshead Bay , Brooklyn, British, polyworld, Boulder , Colorado, Vancouver, Brooklyn, COVID, Bahamas, Feeld, Fern
The next campaign finance disclosure deadline for Harris' campaign is Sept. 20. NBC News has asked the Harris campaign for comment. After the convention, Harris campaign officials said they had raised more than $540 million since Harris took the reins of the campaign. The whopping fundraising numbers for Harris come just after the Trump campaign reported it and related entities raised $130 million in the month of August, with nearly $300 million cash on hand. Trump's campaign reported that 98% of the month's donations came in at less than $200.
Persons: Kamala Harris, Donald Trump's, Harris, Joe Biden's, Tim Walz, Trump, Trump's, Biden, Brian Hughes Organizations: NBC News, Democratic, Minnesota Locations: Savannah GA, United States, New York, Atlanta, Los Angeles, San Francisco, Chicago, Trump's America
A little over three years ago, private equity investor Orlando Bravo called FTX the "most cutting-edge, sophisticated cryptocurrency exchange in the world," as his buyout firm helped lead a $900 million investment in the company at a valuation of $18 billion. Bravo now tells CNBC that he and his firm, Thoma Bravo, are permanently out of crypto after that disaster. FTX spiraled into bankruptcy in late 2022, and founder Sam Bankman-Fried is in the early days of serving a 25-year prison sentence for the massive fraud and conspiracy that doomed FTX and sister hedge fund Alameda Research. "Once you make a mistake and once you get burned on something, our philosophy and my philosophy is you never touch it again," Bravo said in an interview on CNBC's "Squawk on the Street" on Thursday. FTX marked a sideways turn for San Francisco-based Thoma Bravo, which has emerged as a giant investor in technology, orchestrating multibillion-dollar acquisitions in recent years of companies including cybersecurity software vendor Proofpoint, property management software company RealPage, finance and supply chain software developer Anaplan and spend management software company Coupa.
Persons: Orlando Bravo, Thoma, spiraled, Sam Bankman, Bravo Organizations: Bravo, CNBC, Thoma Bravo, Alameda Research, San Locations: Alameda, San Francisco
Brazil's X users, left casting about for a new platform, mostly started washing up on Threads and Bluesky. Everyone hadn't been on X; Brazil's social masses are primarily on TikTok, Instagram and Facebook . So as X went dark in this highly online country of 213 million, its users started migrating. Meta declined to provide specifics on Brazilian users. Bluesky gained 2.6 million users since last week, 85% from Brazil, the company said Wednesday, boosting its total to over 8 million.
Persons: Elon Musk, Jair Bolsonaro, Mauro Pimentel, Elon Musk's, X, Alexandre de Moraes, Shauna Wright, de Moraes, hadn't, Meta's Instagram, Wright, didn't, Mark Zuckerberg, Jack Dorsey, Cris Faga, Luiz Inácio Lula da Silva, Tatiane Queiroz, Bluesky, Jefferson Nascimento, Nascimento, Egerton Neto, , Jay Graber, Ton Molina Organizations: AFP, Getty, Brazilian, Facebook, Twitter, Associated Press, Meta, Federal Supreme Court, Elon, Nurphoto Locations: Copacabana, Rio de Janeiro, Brazil, San Francisco, Bluesky, Brazilian, Mato Grosso, Sao Paulo, Recife
Salesforce to acquire startup Own for $1.9 billion in cash
  + stars: | 2024-09-05 | by ( Jordan Novet | ) www.cnbc.com   time to read: +3 min
Marc Benioff, CEO of Salesforce.com, speaks during a keynote at the Dreamforce 2023 conference in San Francisco on Sept. 12, 2023. Salesforce announced Thursday that it would pay $1.9 billion in cash for Own Co., a startup specializing in tools for backing up data in cloud-based applications. The startup, formerly known as OwnBackup, was valued at $3.35 billion in a 2021 funding round. Salesforce Ventures, the cloud software company's venture arm, invested in that round and earlier ones. WATCH: Salesforce CEO Marc Benioff goes one-on-one with Jim Cramer
Persons: Marc Benioff, Salesforce, MuleSoft, Benioff, we've, Jim Cramer Organizations: Salesforce.com, Own Co, Salesforce Ventures, Salesforce, Covid, Microsoft's Dynamics, Informatica Locations: San Francisco, Salesforce, Central
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAndreessen Horowitz has reportedly given up on its Miami office after just two years in the space. "The firm is now virtual, but can materialize physically on command," Horowitz said at the time. Andreessen Horowitz did not immediately respond to Business Insider's request for comment. VC investment in Miami also saw a huge decrease in 2023, dropping 70% to $2 billion, according to the Journal.
Persons: , Andreessen Horowitz, cofounders, Ben Horowitz, Horowitz, Marc Andreessen, Keith Rabois, Rabois, Florida . Austin, Elon Musk, he'd Organizations: Service, Miami Beach, Bloomberg, Business, Miami, Street Journal, SpaceX Locations: Miami, Miami Beach, Miami Beach , New York City, Santa Monica, Francisco, California, San Francisco, Fort Lauderdale, Florida ., Austin, Texas
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