Facebook Files To Go Public, Raise $5 Billion
Facebook made a much-anticipated status update Wednesday: The Internet social network is going public eight years after its computer-hacking CEO Mark Zuckerberg started the service at Harvard University.
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Facebook made a much-anticipated status update Wednesday: The Internet social network is going public eight years after its computer-hacking CEO Mark Zuckerberg started the service at Harvard University.
Social networking-giant Facebook is expected to file for its initial public offering as early as Wednesday afternoon, and that has many in Silicon Valley excited, including luxury car dealers and real estate agents that sell high-end homes.
A Sergeant in the Richmond Police Department is facing criticism for a tweet directed at the president of the Ultimate Fighting Championship that critics claim supports gun violence.
CNET Editor-at-Large Brian Cooley said the company will have plenty of new challenges ahead once it goes public.
Google, Yahoo and other tech companies are working together to combat email "phishing" scams.
The study by two Stanford professors found that the amount of media multitasking correlated negatively with their social success.
A 15-year-old detained on suspicion of making threats against San Jose's Evergreen Valley High School was released Friday after police found no evidence that he was responsible for the crime.
The Wall Street Journal said Facebook could file regulatory papers for its initial public offering of stock as early as next week.
Facebook will start requiring people to switch to a new profile format known as Timeline, making photos, links and personal musings from the past much easier to find.
Facebook is adding a bevy of new applications to let users share everything from photos of what they cooked for dinner, to details on what they are wearing, to what concert they scored tickets to.
A new move by Google to boost its search results has angered some of its Google+ users over privacy and has competitors calling it an unfair advantage.
If the Menlo Park company goes public this year, as many have speculated, the state stands to reap hundreds of millions of dollars in capital gains taxes from Facebook investors and employees profiting from stock transactions.
San Francisco Police Chief Greg Suhr said he decided new guidelines on how the Police Department uses social media were needed because several officers' inadvertently tipped off protesters about recent Occupy raids through Facebook and Twitter posts.
Google is sifting through the photos and commentary on its blossoming social network so its Internet search results can include more personal information.
Facebook could be facing a lawsuit from the city of East Palo Alto over its recent move to Menlo Park.
Yahoo will enable Facebook users to share more of their activities on Yahoo's websites, including which stories they are reading.
Facebook completed a move Monday from its former headquarters in Palo Alto to a sprawling new campus in Menlo Park.
Zynga saw its stock dinged on its first day of trading Friday—an unexpected turn of events for a closely watched public debut seen as a precursor to Facebook's next year.
Facebook is making it easier for people who express suicidal thoughts on the social networking site to get help.
Could Facebook's popularity have peaked? One Silicon Valley tech analyst thinks so, based on an informal poll.
Menlo Park has been reviewing bids for a major housing development across from the new Facebook headquarters, a city official said.
Facebook has said that it fixed a bug that had allowed users to access other users' photos, even if their profile pages were locked down...
Facebook has hired the team behind Gowalla, the location service that lets people share where they are using their mobile phones.
The FTC had charged that the social network told people they could keep the information they share private, then allowed it to be made public.
Facebook might finally be laying down the groundwork for a highly-anticipated initial public offering, long expected to take place sometime after April 2012.
SFO's Runway 1R officially reopened after a six-month closure for repaving and other improvements. Alongside the FAA's revised procedures on parallel landings, SFO said it expects fewer potential delays.
An elderly pedestrian died from injuries suffered after being struck by a vehicle in San Francisco on Monday, authorities said.
A watchdog report on wasteful consultant travel became a real-world test of the so-called high-speed rail "anti-transparency" law.
The shooting happened on the transfer platform just before 5:30 p.m. Monday and stemmed from an argument between two people, BART said.
Two people have died and three others were injured following a crash involving seven vehicles in East Palo Alto during the Tuesday morning commute, officials said.
SFO's Runway 1R officially reopened after a six-month closure for repaving and other improvements. Alongside the FAA's revised procedures on parallel landings, SFO said it expects fewer potential delays.
An elderly pedestrian died from injuries suffered after being struck by a vehicle in San Francisco on Monday, authorities said.
The shooting happened on the transfer platform just before 5:30 p.m. Monday and stemmed from an argument between two people, BART said.
Two people have died and three others were injured following a crash involving seven vehicles in East Palo Alto during the Tuesday morning commute, officials said.
A San Francisco Bay Area firefighter who presumably drowned after he was arrested and charged for possessing child sexual abuse material may have staged his own death, federal authorities said.
SFO's Runway 1R officially reopened after a six-month closure for repaving and other improvements. Alongside the FAA's revised procedures on parallel landings, SFO said it expects fewer potential delays.
An elderly pedestrian died from injuries suffered after being struck by a vehicle in San Francisco on Monday, authorities said.
Two people have died and three others were injured following a crash involving seven vehicles in East Palo Alto during the Tuesday morning commute, officials said.
San Francisco on Tuesday unveiled new privacy protections for automated license plate reader cameras, limiting access to data and requiring strict documentation for data searches.
Median rents in San Francisco again reached record highs in September, with the price of a one-bedroom almost closing the gap with New York City, a new report finds.
The shooting happened on the transfer platform just before 5:30 p.m. Monday and stemmed from an argument between two people, BART said.
An elderly couple in the San Francisco Bay Area is suspected of shooting and killing their son-in-law in the parking lot of a community park over the weekend.
According to BART police, the shooting happened on the transfer platform, and three people were injured. The victims were taken to the hospital, and their conditions were not yet known, police said.
A teenager was hospitalized after he was wounded in a shooting linked to a house party in Antioch over the weekend, police said.
New village will provide 12 homes for 18- to 24-year-olds, doubling the number of dedicated shelter units available to young adults in the area
Authorities in Monterey County have arrested a man on multiple charges after he allegedly brandished a firearm at a party and ran from deputies after he was found at a separate gathering over the weekend.
The three-day conference at the San Jose Marriott Hotel is bringing in people from all over the country to talk about homelessness from a very personal perspective.
Three hikers on California's Central Coast who became stranded over the weekend were rescued by helicopter following a mission that took several hours, officials said.
Police in Palo Alto have launched an investigation and urged residents to be aware of their surroundings Friday after multiple mountain lion sightings in the community.
An investigation is underway after a bicyclist was killed in a hit-and-run collision in East San Jose early Friday morning, police said.
A San Francisco Bay Area firefighter who presumably drowned after he was arrested and charged for possessing child sexual abuse material may have staged his own death, federal authorities said.
Sausalito's Marinship district has decades-old land-use rules that tightly restrict development, designed in part to protect the area from intensive development, but they've also made it hard for existing businesses to adapt, a business owner said.
A man clinging to rocks on the Sonoma County shoreline and getting battered by the surf was rescued by a sheriff's helicopter crew on Sunday, the sheriff's office said.
A convicted sex offender in Solano County was taken into custody last week for an alleged parole violation after his ankle monitor stopped working, police said.
The storms haven't arrived yet, but Marin County workers are already racing to prepare for what could be a challenging winter.
Center Kristaps Porzingis will be out indefinitely for the Golden State Warriors with a health issue, and general manager Mike Dunleavy offered no further details but wasn't ready to call this a long-term concern.
Cecilia Zandalasini scored 22 points, Gabby Williams added 20 and four assists, and the second-seeded Golden State Valkyries ran away from the Dallas Wings by halftime for a 104-80 win in the teams' playoff opener.
The San Francisco 49ers keep losing key players to injuries and still keep winning, thanks in large part to the play of quarterback Brock Purdy.
Last year's playoff game was held at SAP Center in San Jose. So, as the crowd arrived at Chase Center for Sunday's first playoff game at the venue, Valkyries fans said there is something unique about the "Ballhalla" experience.
Alex Call hit a run-scoring double with two outs in the 10th inning and Andy Pages added a three-run homer as the Los Angeles Dodgers ended their season with their 100th victory, a 5-1 decision over the San Francisco Giants that completed a three-game sweep.
The shooting happened on the transfer platform just before 5:30 p.m. Monday and stemmed from an argument between two people, BART said.
Two people have died and three others were injured following a crash involving seven vehicles in East Palo Alto during the Tuesday morning commute, officials said.
A San Francisco Bay Area firefighter who presumably drowned after he was arrested and charged for possessing child sexual abuse material may have staged his own death, federal authorities said.
San Francisco on Tuesday unveiled new privacy protections for automated license plate reader cameras, limiting access to data and requiring strict documentation for data searches.
An elderly couple in the San Francisco Bay Area is suspected of shooting and killing their son-in-law in the parking lot of a community park over the weekend.
President Trump and the leaders of the country's largest artificial intelligence companies have signed a set of voluntary safety standards, as calls mount for tighter guardrails on powerful AI technology.
OpenAI says its new agent can schedule meetings, make travel arrangements, debug computer systems and handle other workplace tasks.
OpenAI said it has chosen not to release its new GPT-6.1 Astra model due to concerns about safety, as industry leaders warn of the risks posed by ever-more-powerful AI technology.
The meeting comes as some industry leaders warn about the risks of rapid AI advancements.
The dinner comes as Amodei has warned about the "exponential growth" of AI, and has called for safeguards on the industry, which President Trump has rejected.
The CDPH said an unvaccinated passenger who later was hospitalized with measles traveled around the country by train and bus, eventually moving through at least six California counties before heading to Denver, Colorado.
Officials in the East Bay city of Berkeley have issued a warning to residents and doctors amid a rising number of bats that have tested positive for rabies.
Patients taking the first-of-a-kind pill, called daraxonrasib, lived for a median of 13.2 months compared with 6.7 months for chemotherapy recipients, studies showed.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Multiple unpermitted street food vendors in Fairfield were cited for violations last week after inspections found them selling food unsafe for public consumption, authorities said.
President Trump and the leaders of the country's largest artificial intelligence companies have signed a set of voluntary safety standards, as calls mount for tighter guardrails on powerful AI technology.
The Supreme Court said in an unsigned order it will hear arguments in the challenge to the Trump administration's third-country-removal policy in December.
The ban is part of a broader package targeting law enforcement equipment, immigration detention and federal enforcement practices.
The United States has banned nearly $1 billion worth of Canadian imports, including alcoholic beverages, dairy products and motorcycles.
Sausalito's Marinship district has decades-old land-use rules that tightly restrict development, designed in part to protect the area from intensive development, but they've also made it hard for existing businesses to adapt, a business owner said.
Two men suspected of assaulting a student at San Jose State University over the weekend are facing hate crime charges, prosecutors said.
California Attorney General Rob Bonta has joined a coalition of 19 attorneys general in supporting a federal lawsuit challenging Idaho's law that bars transgender students from using school restrooms and other sex-separated facilities that align with their gender identity.
Berlin police did not identify the suspect, who is still at large, by name but said that he was already known to police and is from Berlin.
LGBTQ+ communities have significantly higher rates of unemployment than the general population. Kelsi Thorud reports on how the City of Oakland is empowering LGBTQ+ job seekers during Pride Month.
The fallout over the opposition by a handful of San Francisco Giants players against the team's Pride Night celebrations has prompted an investigation of Major League Baseball by the Trump administration.
Dennis Haskins, who played Principal Richard Belding in "Saved By The Bell," has died. He was 75.
Madonna won Artist of the Year while Taylor Swift became the most awarded artist in Video Music Awards history.
Challenging documentaries and award-winning features are among the offerings of New York City's leading cinema event, starring such luminaries as Pedro Pascal, Adam Driver, Scarlett Johansson, Julianne Moore and Godzilla.
Fans of the late Dolly Parton gathered to celebrate her life in San Francisco's Union Square on Friday as part of California's first-ever Dolly Parton Day.
Taylor Swift announced her new single "Patient Zero" earlier this week, saying she has been "impatiently waiting" to announce that it will be out on Friday.
Ever since the COVID-19 pandemic, the Oakland Unified School District has seen an alarming spike in the number of unhoused students in the school system who deal with a host of challenges far beyond what most children face.
Meteorologist and CBS News Bay Area's resident pilot Lt. Jessica Burch got a treat during Fleet Week, taking to the skies with one of the Blue Angels.
A Bay Area man discovered his devastating loss left him with a new opportunity to rethink how he lives -- follow his journey in virtual reality, 360-degree video.
A groundbreaking medical study involving the UCSF Medical Center has shown some colorectal cancer patients can safely skip radiation treatment and enjoy a potentially higher quality of life.
Every day, San Francisco bar pilot Captain Zach Kellerman goes through what might just be the world's most dangerous commute.
A federal judge on Tuesday ended the 23-year federal monitoring of the Oakland Police Department, the longest-running monitorship of a police department in U.S. history.
San Francisco Mayor Daniel Lurie announced tighten restriction on the use of automated license plate data camera systems and the use and retention of data.
With newly-named captain Macklin Celebrini, the San Jose Sharks are taking to the ice this week with the playoffs in mind. Gianna Franco and Reed Cowan speak to Sharkie, the team's mascot, and Doug Bentz, the team's chief marketing officer.
Officials in San Jose are expected to consider raising parking rates in downtown, a change that is facing resistance from businesses. Drew Andre reports.
On Tuesday, expect coastal highs in the 70s and hot inland temperatures reaching into the 90s in some locations. Expect hot temperatures away from the coast to continue for the rest of the week. Jessica Burch has the forecast.
In 2025, KPIX is moving to a new community service award: the CBS News Bay Area Icon Award. Submit nominations for an outstanding community hero at kpix.com/icon.
It's the most wonderful time of the year for a South Bay woman who has played Mrs. Claus for more than 40 years for the children of North San Jose's Alviso District.
For residents of the Oakland Hills, the prospect of another wildfire always remains a concern. This week's Jefferson Awards winner has made it his mission to make the hills and other high-risk areas safer.
In East Palo Alto -- where state education numbers show more than nine in ten public school students are low income and more than half are English learners -- many are finding hope and connection at the Boys & Girls Clubs of the Peninsula.
This week's Jefferson Award winner is Army veteran who continues to live a life of service into his 80s, by feeding hundreds of San Francisco families a week.
A Bay Area man who overcame tremendous obstacles to excel in school has made it his mission to gear up other students for success in the classroom and in life.
For Students Rising Above scholar Josh Collins it took moving across the country to realize the value of his Bay Area family.
Samir Hooker had to grow up fast after his stepfather was shot dead 12 years ago. Now he is watching over his mom and sister while attending UC Berkeley.
It's hard enough to graduate from one of the most prestigious schools in the country when you're the first in your family to go to college. Imagine doing that while you're also trying to protect your parents from being deported?
Some students who are the first in their families to go to college face the challenge of balancing a rigorous academic load while still working to help support their family back home.