Facebook's public offering had such a profound impact on the Bay Area that real estate insiders named it. The "Facebook Effect," felt full force in the spring of 2012 leading up to the company going public in May, continued to reverberate for the rest of that year -- and perhaps still does. … [Read more...] about What will happen to SF home prices if Slack, Airbnb, Uber and Lyft go public?
In a separate but related effort, an initiative called the Good Work Code on Friday launched a campaign to guide online companies into espousing eight values of ethical contract employment, such as a livable wage, safety, stability and opportunities for advancement. Initially 12 companies, ranging from Care.com, a public company with 7.7 million workers, to VetPronto, a startup that arranges house calls from some 20 vets and 25 veterinary assistants, signed on, but the backers hope it will spread widely. … [Read more...] about 2 new initiatives call for benefits, safety net for gig workers
But Ting found another route in the state’s new budget, which lawmakers passed Thursday, thanks to a little-debated $1.5 million appropriation. It helped that Ting was vice chairman of the conference committee that negotiated a budget deal among the Assembly, Senate and Gov. Gavin Newsom. … [Read more...] about California idea to study phasing out gas-powered cars wins new life
Rival Lyft is looking for new rides too. Last week, it bought part of a company called Motivate that operates Citi Bike and other bike-sharing programs in several major U.S. cities including New York and Chicago. It will rename the business Lyft Bikes. Terms of that deal were not disclosed. … [Read more...] about Uber Poised To Make Investment In Scooter-Rental Business
Oakland Mayor Libby Schaaf described Floyd’s death a “killing” and a “nauseating act of government violence against a Black man.” Manheimer, said in a statement Thursday that she joins the “community in denouncing this incident and all incidents of police brutality.” … [Read more...] about George Floyd protest in Oakland intensifies with fires, tear gas as thousands take to the streets