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Alice Zheng is a VC at RH Capital focusing on early-stage women's health startups. Seven years after graduating from medical school, Zheng is now a principal at RH Capital, the fund of female-led firm Rhia Ventures. The firm, which focuses on early-stage women's health investing, collected $38.5 million for its second fund last year. Zheng later took a two-year hiatus from medical school to pursue an MBA from Harvard Business School. Zheng invests in women's health startups across consumer, life sciences, diagnostics, digital health, and health services.
Persons: Alice Zheng, Zheng, , she'd, Juniper, Liang Organizations: RH Capital, University of Michigan, Harvard, McKinsey, University of Michigan Medical School, Ross School of Business, Rhia Ventures, GV, Khosla Ventures, Harvard Business School, McKinsey Global, Fortune, Capital Locations: China, U.S, Ann Arbor, McKinsey's, San Francisco
Mapping the exodusUnion Square has historically been a major commercial hub in the heart of San Francisco’s downtown. A complicated decline in downtownThe reasons for downtown San Francisco’s economic troubles are multi-faceted. In addition, San Francisco’s downtown has experienced a rise in its unhoused population. As San Francisco’s downtown area has emptied over the last three years, property crimes and retail thefts have risen, according to San Francisco Police Department data. Travel to San Francisco has yet to recover fully to pre-pandemic levels, according to data from San Francisco International Airport.
Persons: , , Elon Musk, Tesla, Francisco, , Lori Lincoln, San Francisco —, Lincoln, Breed, Alexander Quinn, Breed’s, Sarang Peruri Organizations: Los Angeles CNN, Lease, Google, city’s, Nordstrom, CNN, Westfield, San Francisco Centre, KGO, University of California, San Francisco Police Department, San Francisco International, San Francisco Travel, Tourism, San, Oxford Economics, Asia hasn’t, San Francisco Mayor London, Francisco’s, Oxford Capital Group, Ikea, IKEA Locations: Francisco’s, United States, San Francisco’s, Union, Westfield, San Francisco, San, California, Redfin, Palo Alto, Asia, Americas, Europe, Pacific, San Mateo, Lincoln, China, Downtown, Chicago
'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsAug 29 (Reuters) - X, the social media company formerly known as Twitter, said Tuesday it would now allow political advertising in the U.S. from candidates and political parties and expand its safety and elections team ahead of the 2024 presidential election. Before billionaire Elon Musk acquired the company in October, Twitter had banned all political ads globally since 2019. The move to allow all political ads in the U.S. could help X grow its revenue at a time when many advertisers have fled or reduced spending on the platform for fear of appearing next to inappropriate content. The company said it would create a global advertising transparency center, which would let users see what political ads were being promoted on X, and added it would continue to prohibit political ads that spread false information or seek to undermine public confidence in an election.
Persons: Carlos Barria, Elon Musk, X, Sheila Dang, Alex Richardson Organizations: REUTERS, Twitter, U.S, Thomson Locations: San Francisco , California, U.S, Dallas
New York CNN —Nordstrom closed the doors of its five-story department store in San Francisco on Sunday, ending a 35-year run as the city suffers a retail exodus. After Nordstrom announced it was closing, shopping mall operator Westfield said it would give up control of its San Francisco mall, citing “challenging operating conditions in downtown San Francisco, which have led to declines in sales, occupancy and foot traffic.”Once a bustling retail center in the heart of the city, the San Francisco Centre has taken a significant hit in the past few years. Three years later, corporate America has yet to return in the same numbers: Office vacancies in San Francisco have reached a 30-year high. In total, more than 39 retail stores have shuttered in San Francisco’s Union Square area since 2020, according to a tally from Coresight, a market research firm. City leaders are hopeful that the home furniture store will draw shoppers to downtown San Francisco and support other businesses in the area at a time of store closures and rising public safety concerns.
Persons: New York CNN — Nordstrom, Nordstrom, Organizations: New, New York CNN, Sunday, ” Shoppers, CNN, KGO, Nordstrom, Westfield, San Francisco, San, Anthropologie, Ikea Locations: New York, San Francisco, Westfield, Westfield’s, America, San Francisco’s Union
'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsAug 28 (Reuters) - Social media platform X, formerly known as Twitter, is down for thousands of users in the U.S. on Monday, according to outage tracking website Downdetector.com. Downdetector, which tracks outages by collating status reports from several sources including users, said there were more than 17,000 reports of outages, as of 19:24 ET (23:24 GMT). Reporting by Nilutpal Timsina in Bengaluru; Editing by Rashmi AichOur Standards: The Thomson Reuters Trust Principles.
Persons: Carlos Barria, Nilutpal, Rashmi Organizations: REUTERS, Thomson Locations: San Francisco , California, U.S, Bengaluru
De Graaf, a 30-year veteran of the European Commission, was tasked with resurrecting the EU office in the Bay Area. The generative AI boomGenerative AI was a virtually foreign concept when de Graaf arrived in San Francisco last September. In June, the European Parliament cleared a major step in passing the EU AI Act, which would represent the EU's package of AI regulations. Tech companies that have for years criticized the EU for overly aggressive regulations are now asking, "Why is it taking you so long?" The rapidly changing landscape of generative AI makes it tricky for the EU to quickly formulate regulations.
Persons: Yves Herman, Gerard de Graaf, De Graaf, de Graaf, Union hasn't, Mark Zuckerberg, Mandel Ngan, Thierry Breton, Elon Musk, Breton, we've, We've, who's, they've, Aneesh Chopra Organizations: EU, European Commission, Digital Services, Nasdaq, Meta, Google, Apple, DSA, EC, Valley Bank, Irish Consulate, The, Union, U.S, Facebook, Financial, Financial Services, AFP, Getty, Twitter, Digital Markets, Washington , D.C, European, Tech, Stanford, Nvidia, White Locations: Brussels, Belgium, Europe, San Francisco, Bay, U.S, Silicon Valley, Silicon, Rayburn, Washington , DC, Poland, Graaf, Washington ,, United States
New York CNN —Ikea is opening a new store in downtown San Francisco Wednesday, bucking the trend of retailers closing in the city. Ikea is opening a new store this week in downtown San Francisco at 945 Market Street. While violent crime statistics in San Francisco have remained relatively low in recent years, property crimes have risen since 2020, according to San Francisco Police Department data. Activity this spring in downtown San Francisco, as measured by mobile phone use, was 68% below its pre-pandemic levels, the largest decline of any US city. In June, shopping mall operator Westfield announced it would give up control of its San Francisco mall, citing “challenging operating conditions in downtown San Francisco, which have led to declines in sales, occupancy and foot traffic.”A month earlier, Nordstrom, one of the biggest retailers in Westfield, said it would shutter both of its San Francisco stores.
Persons: San Francisco Mayor London Breed, Nordstrom, San Organizations: New, New York CNN, Ikea, Shoppers, IKEA, San Francisco Mayor London, San Francisco Police Department, Westfield Locations: New York, San Francisco, San, San Francisco’s Union, Westfield, Francisco
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Persons: Dow Jones Organizations: ikea Locations: francisco
Elon Musk says X will strip ability to block accounts
  + stars: | 2023-08-19 | by ( ) www.reuters.com   time to read: +2 min
'X' logo is seen reflected on an apartment window across the street from the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. The block function on X allows a user to restrict specific accounts from contacting them, seeing their posts or following them. "Block is going to be deleted as a 'feature', except for DMs," Musk said in a post on the platform, referring to direct messages. Removing or limiting the block feature might bring X into conflict with guidelines incorporated by Apple's (AAPL.O) App Store and Alphabet's (GOOGL.O) Google Play. X, Google and Apple did not immediately reply to requests for comment.
Persons: Carlos Barria, Elon Musk, Musk, Monica Lewinsky, X, Linda Yaccarino, Musk's, Yaccarino, Mrinmay Dey, William Mallard Organizations: REUTERS, Social, Twitter, DMs, Apple's, Google, Apple, Thomson Locations: San Francisco , California, U.S, Bengaluru
REUTERS/Ivan Alvarado/File Photo Acquire Licensing RightsLONDON, Aug 17 (Reuters) - Chile's Codelco, the world's largest copper producer, is at risk of insolvency due to rising costs and a growing debt pile stemming from projects that missed output targets, Chile’s Centre for Copper and Mining Studies (CESCO) said in a report seen by Reuters. At the heart of Chile's mining industry, Codelco needs to revive it's copper production from a 25-year low. "Codelco has explained...it will not redirect its focus from copper production or divert resources from other areas," Codelco said in an emailed response. Codelco's production in the first half of 2023 was 633,000 metric tons of copper, the lowest in 25 years. Over the past five years, its copper production has dropped 17% and is expected to keep falling until 2025.
Persons: Ivan Alvarado, Codelco, Andre Sougarret, Sougarret, CESCO, Julian Luk, Fabian Cambero, Pratima Desai, Veronica Brown, Kirsten Donovan Organizations: REUTERS, for Copper, Mining Studies, Reuters, Codelco, Thomson Locations: Santiago, Chile
REUTERS/Carlos Barria/File Photo Acquire Licensing RightsAug 15 (Reuters) - Social media company X, formerly known as Twitter, delayed access to links to content on the Reuters and New York Times websites as well as rivals like Bluesky, Facebook and Instagram, according to a Washington Post report on Tuesday. A user on Hacker News, a tech forum, posted about the delay earlier on Tuesday and wrote that X began delaying links to the New York Times on Aug. 4. A spokesperson for the New York Times said it has not received an explanation from X about the link delay. A Reuters spokesperson said: "We are aware of the report in the Washington Post of a delay in opening links to Reuters stories on X. Bluesky, an X rival that has Twitter co-founder Jack Dorsey on its board, did not reply to a request for comment.
Persons: Carlos Barria, X, Elon Musk, Musk, Jack Dorsey, Sheila Dang, Kenneth Li, Deepa Babington Organizations: REUTERS, Social, Twitter, Reuters, New York Times, Facebook, Washington Post, SpaceX, Hacker, Thomson Locations: San Francisco , California, U.S, South Africa, Washington, Dallas
The owner of luxury San Francisco retailer Gump's warned that this holiday season "may be our last." He said San Francisco is "unlivable for its residents, unsafe for our employees, and unwelcoming to visitors." Gump's is located just off Union Square in downtown San Francisco. Chachas made his remarks in an open letter to California Governor Gavin Newsom, San Francisco Mayor London Breed, and the San Francisco Board of Supervisors in which he criticized their leadership, published as a paid-for ad in Sunday's edition of The San Francisco Chronicle. "Such abject disregard for civilized conduct makes San Francisco unlivable for its residents, unsafe for our employees, and unwelcoming to visitors from around the world."
Persons: Gump's, John Chachas, Chachas, Gavin Newsom, unlivable, San, Newsom Organizations: Service, San Francisco Mayor London Breed, San Francisco, of Supervisors, San Francisco Chronicle, Census Bureau, San, City, Statistics, San Francisco's Department of Public Health, Public, Whole Foods, Navy, Supervisors, Chachas Locations: San Francisco, Francisco, Wall, Silicon, downtown San Francisco, California, New York, Texas, Florida, San Francisco's, City and County
Whole Foods temporarily closed one of its San Francisco locations due to rampant shoplifting and continued threats to workers and customers. Park Hotels and Resorts, the investment firm that owns Hilton San Francisco Union Square and Parc 55 hotels, also recently revealed it would leave the city. A bus drives by the Westfield San Francisco Centre on June 14, 2023 in San Francisco, California. Downtown San Francisco has an estimated 18.4 million square feet of available real estate. While violent crime statistics in San Francisco have remained relatively low in recent years, compared to other major cities, property crimes have risen since 2020, according to San Francisco Police Department data.
Persons: Los Angeles CNN — John Chachas, Governor Newsom, ” Chachas, Chachas, San Francisco “ unlivable, Gavin Newsom, Justin Sullivan, Nordstrom, Thomas Baltimore , Jr, ” What’s Organizations: Los Angeles CNN, London Breed, city’s, San Francisco Chronicle, Chachas, Republican, London, San, Anthropologie, Whole Foods, Westfield, Resorts, Hilton San Francisco, Square, Westfield San Francisco Centre, San Francisco Police Department, University of California Locations: San Francisco, California, Francisco, , Nevada, San Francisco’s, Union, San Francisco’s Union, San Francisco , California, Park, San Francisco's, U.S, Canada, Downtown San Francisco
The city may have the recent AI boom to thank for the boost, experts say. According to data from VTS, San Francisco saw a recent boom in demand, experiencing a 10.2% demand increase in the most recent quarter. It's perhaps unsurprising that AI companies seem to have San Francisco in their sights. Quinn said JLL had 10 AI clients eyeing around 750,000 to one million square feet of San Francisco real estate. One AI company, Hive, recently announced it was subleasing three floors of a downtown San Francisco office — taking over space previously occupied by software company Okta, Bloomberg reported.
Persons: Alexander Quinn, Jones Lang LaSalle, Nick Romito –, , There's, Romito, It's, Quinn, JLL, , VTS's Romito, He's Organizations: Morning, PayPal, ChatGPT, San Francisco's Mission, San Francisco's, Economic, Workforce Development, Bloomberg Locations: Francisco, VTS, San Francisco, San Francisco's
Elon Musk had a strobe light in the shape of an X erected on the roof of the company's headquarters. The landlord has paid $4,447 in fines as a result, the San Francisco Chronicle reported. The X sign that Elon Musk had installed on the roof of his company's headquarters resulted in $4,447 in fines which the landlord of the building paid, the San Francisco Chronicle reported. As Musk rebranded Twitter to become X, the iconic blue bird logos were removed from inside its downtown San Francisco office, and eventually from the exterior sign after interruptions from police. It's another headache for X's landlord, which previously filed a lawsuit against the company saying that it hadn't paid rent.
Persons: Elon Musk, Musk, Pacino, k5QfAm8yuG, e7ECCM2NUD — Christopher J, Beale, X Organizations: San Francisco Chronicle, Twitter, Francisco's Department, Planning Department, of Locations: San Francisco
'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. REUTERS/Carlos Barria/File photoAug 5 (Reuters) - Elon Musk has said his X social media platform will fund the legal bills of people who have been treated unfairly by employers because of posting or liking something on the site formerly known as Twitter. "If you were unfairly treated by your employer due to posting or liking something on this platform, we will fund your legal bill," Musk said in a post on X, adding that there will be no limits to funding the bills. The figures came as the company is going through organizational changes and is looking to boost dropping advertising revenue. An upturn in advertising revenue that had been expected in June failed to materialise.
Persons: Carlos Barria, Elon Musk, Musk, Juby Babu, Tom Hogue, Simon Cameron, Moore Organizations: REUTERS, Meta, Twitter, Thomson Locations: San Francisco , California, U.S, Bengaluru
'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. REUTERS/Carlos Barria/File PhotoAug 3 (Reuters) - X social media platform, formerly known as Twitter, is seeking a financial data giant to build a trading hub inside the app, Semafor reported on Thursday, citing people familiar with the matter and plan requests. In a post on the X platform, its owner Elon Musk said he was not aware of any work being done in this area. loadingLast year, Musk said he bought Twitter as an "accelerant to creating X", which he described as an "everything app" and likened it to China's super-app WeChat. Musk last month rebranded the social media site and changed Twitter's widely recognised blue bird to "X".
Persons: Carlos Barria, Elon Musk, Musk, Chavi Mehta, Tanya Jain, Yuvraj Malik, Arun Koyyur Organizations: REUTERS, Twitter, Thomson Locations: San Francisco , California, U.S, Bengaluru
'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. REUTERS/Carlos Barria/File PhotoAug 3 (Reuters) - Agence France-Presse (AFP) said on Wednesday it filed a lawsuit in Paris against Elon Musk's X social media platform, formerly known as Twitter, accusing it of failing to discuss potential payment for the distribution of the news agency's content. France in 2019 enacted a copyright rule dubbed "neighbouring rights" that compels large online platforms to open talks with publishers seeking remuneration for news. Musk criticised AFP's move in an X social media post. Since then, Google has committed to resolving the dispute and has announced deals with AFP and several other leading French news organisations.
Persons: Carlos Barria, Elon Musk's, Musk, AFP's, Shubham, Edwina Gibbs Organizations: REUTERS, Agence France, Presse, Twitter, Google, AFP, Facebook, Thomson Locations: San Francisco , California, U.S, AFP, Paris, France, Bengaluru
'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. In a rare English-language post on X, the ministry said "Please don’t follow the impersonation account and/or comment on the post", saying such an X account purportedly belonging to Kanda or his staff did not exist. loading"MOF is currently requesting that X (formerly Twitter) suspends the impersonation account. The fake account, which follows about 5,000 users and was followed by little more than 550, has made no remarks about the yen or financial markets. (This story has been refiled to clarify that the fake account had made five, not four, posts to date in paragraph 4)Reporting by Kantaro Komiya; Editing by Kim CoghillOur Standards: The Thomson Reuters Trust Principles.
Persons: Carlos Barria, Masato Kanda, Kanda, Japan's, Kantaro Komiya, Kim Coghill Organizations: REUTERS, Japan's Ministry of Finance, Bank of Japan's, U.S ., BOJ, Thomson Locations: San Francisco , California, U.S, Kanda, Ukraine
'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. REUTERS/Carlos Barria/File PhotoNEW DELHI, Aug 2 (Reuters) - Social media platform X has sought to quash an Indian court decision that found it non-compliant with content removal orders, arguing the ruling could embolden the government to block more content. X, formerly known as Twitter, in July 2022 sought to overturn some government orders to remove content from its platform, without specifying which. A court in June 2023 quashed that request and imposed a fine of 5 million rupees ($60,560). ($1 = 82.5625 Indian rupees)Reporting by Aditya Kalra and Arpan Chaturvedi in New Delhi and Munsif Vengattil in Bengaluru; Editing by Jacqueline Wong and Christopher CushingOur Standards: The Thomson Reuters Trust Principles.
Persons: Carlos Barria, Elon Musk, Aditya Kalra, Arpan Chaturvedi, Jacqueline Wong, Christopher Cushing Organizations: REUTERS, Poovayya, Thomson Locations: San Francisco , California, U.S, New Delhi, Bengaluru
Elon Musk is encouraging workers to move to San Francisco to help the city survive its doom loop. Elon Musk is encouraging people to move to San Francisco and work there because he says the "city can't survive" unless it overcomes the urban doom loop. San Francisco, beautiful San Francisco, though others forsake you, we will always be your friend." San Francisco is struggling with a huge homeless population and increased crime, including theft and assault, according to retailers. In May, Musk said that downtown San Francisco was a "once beautiful and thriving" area but that it had become a "derelict zombie apocalypse."
Persons: Elon Musk, Twitter's, Twitter, Musk, Nordstrom, Critics Organizations: Morning, Walgreens, Foods, Paypal Locations: San Francisco, San Fransisco
'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. Lawyers for Musk in a separate filing said claims against him should be tossed out because he did not sign a specific provision of the merger agreement involving employee benefits, including severance pay. Twitter laid off more than half its workforce as a cost-cutting measure after Musk acquired the company last October. The lawsuit is not a class action, but two similar pending lawsuits brought on behalf of much larger groups of former Twitter employees claim the company owes more than $500 million in severance pay. X has said all of the workers were paid in full.
Persons: Carlos Barria, Elon Musk, Musk, Daniel Wiessner, Bernadette Baum Organizations: REUTERS, Reuters Connect Companies, X Corp, Twitter, Musk, Thomson Locations: San Francisco , California, U.S, Delaware, Wilmington , Delaware, New York , California, Texas, Albany , New York
More states, including Arizona, Colorado, Florida, New Mexico and Washington, are in the process of updating their water reuse regulations. In 2017, two California-based brewers produced limited-edition beers made from recycled water, to serve at local events. “When I got into the water industry, there was a lot of often-repeated tropes that the general public was just not ready for recycled water,” he says. There’s a mental perception that recycled water is not as clean as other sources of water. “You’re going to start hearing a lot more about a lot of different industries using recycled water for their products.
Persons: , Aaron Tartakovsky, Germany —, it’s, ” Tartakovsky, , Cleantec, Tartakovsky, David Sedlak, Sedlak, Daniel McCurry, McCurry, “ You’re Organizations: CNN, Berkeley Water Center, University of California, Civil, Environmental Engineering, University of Southern Locations: San Francisco, Germany, California, Texas, Arizona , Colorado , Florida, New Mexico, Washington, Southern California, Singapore, Australia, Berkeley, University of Southern California, San Diego
Big X taken down from Twitter roof after San Francisco squabble
  + stars: | 2023-07-31 | by ( ) www.reuters.com   time to read: +2 min
A giant, glowing X no longer marks the spot on the San Francisco high-rise that is headquarters to Elon Musk's messaging company X, formerly known as Twitter. "Beautiful San Francisco, though others forsake you, we will always be your friend," Musk wrote. "This morning, building inspectors observed the structure being dismantled," a spokesperson from the city Department of Building Inspection said by email on Monday. X user @itsmefrenchy123 said they would be "LIVID" over the bright logo, imagining it "right across from your bedroom." "I'm just astounded at the flagrant lack of consideration for anyone ever," wrote X user @DollyMarlowe.
Persons: Musk, X, I'm, Nicholas P, Brown, Peter Henderson, Sheila Dang, Lisa Shumaker Organizations: San, Elon, Twitter, Department of, Locals, Thomson Locations: San Francisco, Francisco
Elon Musk says he has no plans to move Twitter, now X, out of San Francisco. He said Twitter's headquarters will stay put despite a "doom spiral" currently affecting the city. San Francisco, beautiful San Francisco, though others forsake you, we will always be your friend." Meta, PayPal, and Snap have all slashed their San Francisco office space in recent years. In May he called downtown San Francisco, where Twitter's HQ is located, a "derelict zombie apocalypse."
Persons: Elon Musk, San Francisco, Musk, he's Organizations: Twitter, Whole Foods, Meta, PayPal, San Locations: San Francisco, San, California, Francisco, The California, Miami, Florida
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