Publication: San Francisco Business Times

First reported 4 hours ago - Updated 2 hours ago - 1 reports

Zoosk files for an IPO date, seeking $100 million

Zoosk, the online dating platform, filed Wednesday for an up to $100 million initial public stock offering.Founded in 2007, Zoosk had $178 million in sales last year, up 63 percent over 2012, and a loss of $2.6 million, down from $20.7 million in 2012. ... [Published San Francisco Business Times - 4 hours ago]
First reported 5 hours ago - Updated 5 hours ago - 1 reports

Wells Fargo cuts 323 positions amid mortgage slowdown

Casualties mounted Wednesday as the mortgage slowdown put another 323 people at Wells Fargo out of work.The cuts occur nationwide, with 11 of the lost positions in California. One of those is in the Bay Area — Walnut Creek.Wells, led by CEO John Stumpf, ... [Published San Francisco Business Times - 5 hours ago]
First reported 5 hours ago - Updated 5 hours ago - 1 reports

$100 million hotel project could transform Berkeley skyline

A 16-story proposed hotel in downtown Berkeley could transform the city’s skyline as one of the tallest buildings in the area, if approved.The architects and developers unveiled new details about the hotel this week as the team pushes ahead with community ... [Published San Francisco Business Times - 5 hours ago]
First reported 5 hours ago - Updated 5 hours ago - 1 reports

Umpqua Bank begins reflagging Argent branches

Umpqua Bank is converting the Bay Area's Argent branches into Umpqua locations with the bank's familiar blue-and-green signage this week as it integrates it biggest merger ever."This merger is truly transformational," Ray Davis told the San Francisco ... [Published San Francisco Business Times - 5 hours ago]
First reported 12 hours ago - Updated 6 hours ago - 1 reports

San Francisco seeks preloaded cell phone kill switches

CTIA, the wireless industry's trade association, agreed along with many members on Tuesday to install "kill switches" that consumers can activate after purchase to disable cellphones or wipe them of personal data.State Sen. Mark Leno, D-San Francisco, ... [Published San Francisco Business Times - 12 hours ago]
First reported 13 hours ago - Updated 8 hours ago - 1 reports

Unity Technologies buys Playnomics for game analytics

Unity Technologies has acquired the gaming analytics startup Playnomics, VentureBeat reports.The deal will help San Francisco-based Unity to expand beyond its platform for game development and into game services.Sources said the company is working to ... [Published San Francisco Business Times - 13 hours ago]
Entities: Startup, Gaming, Acquisition
First reported 13 hours ago - Updated 8 hours ago - 1 reports

San Ramon residents fight Faria housing development

San Ramon's Planning Commission on Tuesday was presented with a petition from residents opposing a development that would build 740 housing units.The residents are concerned with the environmental and aesthetic impacts of the project, as well as a lack ... [Published San Francisco Business Times - 13 hours ago]
First reported Apr 15 2014 - Updated 16 hours ago - 1 reports

Coming soon: A brand-new Business Times

This week, exciting changes are coming for San Francisco Business Times readers, both online and in print.Friday April 18 marks the debut of our comprehensively redesigned Weekly Edition, including a new red masthead. The new design showcases features ... [Published San Francisco Business Times - Apr 15 2014]
First reported Apr 15 2014 - Updated 16 hours ago - 1 reports

Analyst asks Wells Fargo CEO: 'How much longer do you plan to stay?'

Wells Fargo CEO John Stumpf fielded many questions on the company's latest earnings call with analysts, but among the more pointed questions involved his tenure at the helm of the San Francisco bank."How much longer do you plan to stay around, and who ... [Published San Francisco Business Times - Apr 15 2014]
First reported Apr 15 2014 - Updated 17 hours ago - 1 reports

NakedWines crowdsources $1 million for winemaker Scott Peterson

Former Kendall Jackson winemaker Scott Peterson has scored more than $1 million in crowd-sourced start-up funding on the NakedWines.com web site to launch a new winemaking venture.Peterson, who worked for two and a half years at Kendall Jackson, part ... [Published San Francisco Business Times - Apr 15 2014]
First reported Apr 15 2014 - Updated 17 hours ago - 1 reports

Lennar dives into apartment projects in Redwood City, Berkeley and Mountain View

The Bay Area's apartment boom isn't just luring new residents, but new developers as well. Lennar Multifamily Communities, a division of Lennar Corp., came into the game in late 2012 and is now pushing forward  three deals, totaling close to 500 unit ... [Published San Francisco Business Times - Apr 15 2014]
First reported Apr 15 2014 - Updated Apr 15 2014 - 1 reports

Le Meridien SF to start $9 million renovation

Following a $3.5 million renovation of Le Méridien San Francisco’s lobby, meeting spaces and restaurant, Park Grill and Bar333, the hotel will embark on a further renovation of all its 360 guest rooms.The estimated $9 million renovation — or $25,000 per ... [Published San Francisco Business Times - Apr 15 2014]

Quotes

"While interest rates for homebuyers and lenders remain very favorable by historical standards, the demand for mortgage financing we experienced…"
"How much longer do you plan to stay around, and who would be in the pool of potential successors" asked Mike Mayo, an analyst with CLSA
"There’s nothing more important to us than keeping your stuff safe and secure. It’s…"
"A year ago no one wanted to talk about Bitcoin, now everyone wants to talk about it" said Jason Oxman, CEO of the trade group that represents almost every player in the payments business

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Zoosk files for an IPO date, seeking $100 million [Published San Francisco Business Times - 4 hours ago]
Umpqua Bank begins reflagging Argent branches [Published San Francisco Business Times - 5 hours ago]
Wells Fargo cuts 323 positions amid mortgage sl... [Published San Francisco Business Times - 5 hours ago]
$100 million hotel project could transform Berk... [Published San Francisco Business Times - 5 hours ago]
San Francisco seeks preloaded cell phone kill s... [Published San Francisco Business Times - 12 hours ago]
Unity Technologies buys Playnomics for game ana... [Published San Francisco Business Times - 13 hours ago]
San Ramon residents fight Faria housing develop... [Published San Francisco Business Times - 13 hours ago]
Analyst asks Wells Fargo CEO: 'How much longer ... [Published San Francisco Business Times - Apr 15 2014]
Coming soon: A brand-new Business Times [Published San Francisco Business Times - Apr 15 2014]
Lennar dives into apartment projects in Redwood... [Published San Francisco Business Times - Apr 15 2014]
NakedWines crowdsources $1 million for winemake... [Published San Francisco Business Times - Apr 15 2014]
Le Meridien SF to start $9 million renovation [Published San Francisco Business Times - Apr 15 2014]
Personal concierge app Sosh partners with OpenT... [Published San Francisco Business Times - Apr 15 2014]
Coastal area near Santa Cruz preserved [Published San Francisco Business Times - Apr 15 2014]
Google Glass for sale to everyone today [Published San Francisco Business Times - Apr 15 2014]
Mobile service startup ItsOn raises $12.5 million [Published San Francisco Business Times - Apr 15 2014]
Napster co-founder Sean Parker launching civic ... [Published San Francisco Business Times - Apr 15 2014]
SpaceX seeks to compete on bids to launch [Published San Francisco Business Times - Apr 14 2014]
Facebook pushes hard into payments [Published San Francisco Business Times - Apr 14 2014]
Scarcity fuels San Francisco condo craze [Published San Francisco Business Times - Apr 14 2014]
Tesla bill on auto sales dead at Arizona Legisl... [Published San Francisco Business Times - Apr 14 2014]
Dropbox CEO defends naming Condoleezza Rice a d... [Published San Francisco Business Times - Apr 12 2014]
San Francisco mayor: Why Salesforce Tower is a ... [Published San Francisco Business Times - Apr 11 2014]
The latest buzz: caffeinated cookies [Published San Francisco Business Times - Apr 11 2014]
Salesforce Mission Bay site targeted for massiv... [Published San Francisco Business Times - Apr 11 2014]
Heartbleed bug hits Cisco, Juniper equipment [Published San Francisco Business Times - Apr 11 2014]
Hillary Clinton pushes women and STEM, stays mu... [Published San Francisco Business Times - Apr 11 2014]
Zynga taps former Best Buy exec as CFO [Published San Francisco Business Times - Apr 11 2014]
Wells Fargo's profit rises 14 percent (Video) [Published San Francisco Business Times - Apr 11 2014]
FTC seeks more details on Safeway's merger plans [Published San Francisco Business Times - Apr 11 2014]
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