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 Today 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 Yesterday 5:45pm

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

Sirius Gave Randi Zuckerberg a Radio Show for Gadget Gossip

Randi Zuckerberg, the Roger Clinton of the tech world, is back to profiting off the success of her younger brother. Her latest exploit? Failing up from her miserable Dot Complicated newsletter to a weekly radio show on SiriusXM. » 7/17/14 8:00pm Thursday 8:00pm

Google Placates the Public with Their Own Luxury Buses

Google's glistening fleet of employee coaches will soon be tainted by the presence of Everyman. In an effort to get ahead of concerns that the search giant is growing too quickly for Mountain View, Google is funding a free shuttle network to appease their detractors. » 7/17/14 2:45pm Thursday 2:45pm

Tech's Dream of Building Our Way to Affordability Will Never Come True

Silicon Valley's loudest mouths love little more than demanding free market solutions to every public ill—the Bay Area's housing crisis being no exception. Their pitch is simple: just build more housing and prices will plummet. But that's not happening. » 7/17/14 11:30am Thursday 11:30am

Techie Poet Is Continually Amazed By San Francisco

First impressions are important. For those who've only just moved to San Francisco, they often find themselves smitten with the city's fog-swept valleys, Victorian architecture, curious eccentrics, alluring hills, and adorably incompetent bus system. But not for hacker-maker Keith Horwood: he's just stoked that it's a… » 7/16/14 4:00pm 7/16/14 4:00pm

More Than 5,000 Microsoft Employees Could Be Laid Off This Week

Satya Nadella took over as Microsoft's CEO just under six months ago and he's already poised to give thousands of employees a pink slip "as soon as this week." Bloomberg reports that the restructuring "may end up being the biggest in Microsoft history," and could surpass the 5,800 employees laid off in 2009. » 7/15/14 4:39pm 7/15/14 4:39pm

Ex-White House Press Secretary Jay Carney May Flack for Apple or Uber

Politicians have historically left Washington to land cushy jobs on Wall Street. But as the alpha males of banking have decamped to California in pursuit of startup riches, Washington's revolving door increasingly opens to Silicon Valley, not Wall Street. Now techies are charming the latest D.C. free-agent: former… » 7/15/14 3:19pm 7/15/14 3:19pm

Twitter Hit with Age Discrimination Lawsuit

Silicon Valley fetishizes youth—the 20-something, white, over-worked male who will write code until his wrists tingle. That's just great, unless you happen to not be those things. Case in point: a new lawsuit against Twitter complains the company fired a 57-year-old employee because of illegal age and medical bias. » 7/15/14 1:11pm 7/15/14 1:11pm

Sean Parker Cozies Up to Republicans

Now that former Facebook president Sean Parker has his billions from Silicon Valley, he's tackling DC next, funneling cash to politicians that specialize in "compromise." And in Parker's mind, those who compromise happen to be Republicans. » 7/14/14 5:30pm 7/14/14 5:30pm