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Publicis and Omnicom call off $35 billion merger

Advertising behemoths Omnicom and Publicis have mutually called off their proposed $35 billion merger, citing challenges and slow progress, according to a joint statement the companies issued late Thursday. The proposed [Read entire story]

Jobless claims down for the week

UnemploymentApplications for benefits fallThe number of Americans seeking unemployment benefits fell 26,000 last week to 319,000, the latest sign that the job market is slowly improving. The holiday can cause a rise in [Read entire story]

Crowdfunded projects about crowdfunding draw few crowds

A few years back, Kamps raised nearly $80,000 - three times his goal - through crowdfunding to start an app company. Kickstarter and its rivals have gained a reputation as places where anyone with a half-baked idea can [Read entire story]

Snapchat will allow users to easily save messages

Last month, when Time magazine named Snapchat co-founders Evan Spiegel and Bobby Murphy to its list of 100 most influential people, Twitter co-founder Jack Dorsey summed up the app's appeal: "The visual, personal and [Read entire story]

Apple nears deal to buy Beats by Dre for $3.2 billion: report

Apple nears deal to buy Beats by Dre for $3.2 billion: report

Apple (NASDAQ: AAPL) is close to buying Beats Electronics, including its San Francisco-based streaming music service, for $3.2 billion, according to a report in the Financial Times. Santa Monica-based Beats is a [Read entire story]

Network offers chefs’ favorites, expands into Napa and Sonoma

Network offers chefs' favorites, expands into Napa and Sonoma

For those who ever wondered where the area’s top chefs go for dinner and what they eat, Chefs Feed has answers. Acting as a food discovery mobile app and web site, San Francisco-based Chefs Feed has about 1,000 chefs [Read entire story]

Pete Casillas leaves Business Times to become Denver Business Journal publisher

Pete Casillas leaves Business Times to become Denver Business Journal publisher

Pete Casillas, advertising director of the San Francisco Business Times, has been named publisher of the Denver Business Journal. Casillas was introduced to the Denver staff Thursday by Mike Olivieri, chief revenue [Read entire story]

Snapchat pivots with play for messaging

Last month, when Time magazine named Snapchat co-founders Evan Spiegel and Bobby Murphy to its list of 100 most influential people, Twitter co-founder Jack Dorsey summed up the app's appeal: "The visual, personal and [Read entire story]

Wine app startup Delectable scores $3 million

Wine app startup Delectable scores $3 million

Delectable, a San Francisco-based startup with a popular mobile app to help consumers learn about wine, raised $3 million in Series A funding. The round, disclosed May 7, was led by Deep Fork Capital, DN Capital and [Read entire story]

Motif Investing raises $35 million from JPMorgan Chase, others

Motif Investing raises $35 million from JPMorgan Chase, others

San Mateo-based Motif Investing said Thursday that it raised $35 million from JPMorgan Chase, (NYSE: JPM) Wicklow Capital and Balderton Capital. The investment firm's prior investors also participated, including Goldman [Read entire story]

Proud and feisty Bank of America shareholder offers to marry CEO at annual meeting

Proud and feisty Bank of America shareholder offers to marry CEO at annual meeting

Bank of America's annual meetings in Charlotte have long been rather staid affairs compared to the circus-like atmosphere Wells Fargo's annual meeting had become before the San Francisco bank took its show on the [Read entire story]

Pedaling from Ocean Beach to the Financial District in two minutes (Video)

San Francisco Business Times' photographer Spencer Brown pedaled from Ocean Beach to the Financial District in honor of Bike to Work Day. Check out his seven mile trek that we compressed into just two minutes. You can [Read entire story]

UberX drivers protest commission increase

The company says the increases are necessary to offset the price cuts it made over the winter to keep pace with competitors including Lyft and Sidecar. [Read entire story]

Business majors get more jobs but less fulfillment

The survey, which collected responses from more than 30,000 U.S. residents with at least a two-year degree, sought clues to what types of college experiences produce graduates who are engaged with their jobs. Gallup [Read entire story]

Gap profit strong in early report as sales rise in April

Shares of Gap Inc. rose Thursday after the San Francisco company posted preliminary first-quarter profit that beat analysts' estimates, helped by an unexpected gain in April sales. Chief Executive Officer Glenn Murphy [Read entire story]

Apple’s Press "Gatekeeper" Katie Cotton Retires

The gatekeeper that kept press away from its chief executives an created an Apple "mystique", is leaving the company, according to reports. Katie Cotton, Apple’s vice president of world-wide communications, is [Read entire story]

Samsung Replaces Head of Mobile Design Amid Lagging Sales

When your latest smartphone has lukewarm sales and is criticized for its dullness -- apparently it's time to push out your head of mobile design. At least that's what [Read entire story]

Joe Montana Invests in Bay Area Startups

The new face of Silicon Valley tech investment is a familiar one. He's among the most famous athletes in Bay Area history. Now Joe Montana is setting his sights on technology. The legendary 49er is famous for making the [Read entire story]

LinkedIn (LNKD) Continues Silicon Valley Building Spree, Eyes Massive Expansion In Mountain View

MOUNTAIN VIEW (KPIX 5) — Almost everywhere in Silicon Valley, another high-tech building is taking shape. Professional social networking site LinkedIn is one of the companies leading the latest building boom. The [Read entire story]

Apple Drops Opposition To Phone Kill Switch Bill, State Senator Gets 2nd Chance

SAN FRANCISCO (KCBS)— The mobile phone industry has worked hard to kill State Senator Mark Leno’s kill-switch bill, which fell two votes short of passage, two weeks ago, but Leno is bringing the bill back for [Read entire story]