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Knotel is facing claims of $230,000 in unpaid rent and construction bills at one Atlanta location, adding to a growing list of legal woes for the flex-space firm

A tenant in Atlanta that subleased space at the Salesforce Tower to Knotel late last year is suing the firm for over $150,000 in unpaid rent. The tenant also wants to boot the flexible workspace provider from the nearly 25,000 square foot space. A construction contractor, meanwhile, has placed a lien against the building for almost $80,000 it says it is owed by Knotel for work on the space. The debts are the latest to pile on the company, which is said to owe brokerage firms unpaid commissions...
Tags: New York, San Francisco, Trends, Atlanta, Georgia, Signal, Business Insider, Goldberg, Rubicon, Salesforce Tower, Jonathan Goldberg, Knotel, Daniel Geiger, Knotel A company, Buckhead Heights, June Knotel


6 takeaways from California’s small-business Paycheck Protection loans

From Silicon Valley startups to Gavin Newsom’s wine business, a rundown of who got what from the federal coronavirus business loan program. Organic farms, the governor’s winery group, a scooter startup and … Burning Man? The new list of California recipients of federal Paycheck Protection Program loans to ease economic fallout from the coronavirus is long, varied and sometimes bizarre. The Small Business Administration effort “to provide a direct incentive for small businesses to keep their ...
Tags: Apple, Business, Small Business, Congress, California, Government, San Francisco, Sport, Kanye West, Soccer, Treasury, Bird, Silicon Valley, San Jose, Airbnb, Michelin


Coronavirus: Will tenants, landlords, taxpayers split the bill for unpaid rent?

Mounting debts for unpaid rent during the pandemic could upend the state’s apartment industry — throwing tenants out on the street and choking small landlords unable to make mortgage payments. But an unprecedented state Senate plan is moving forward to give tax breaks to landlords for forgiving rents and halting evictions, and allow tenants 10 years to repay back debt to the state. And the estimated cost to taxpayers? Up to $10 billion over the life of the program. “We’re trying to stabilize the...
Tags: Business, Real Estate, News, California, Housing, Senate, California News, San Francisco, Sport, Soccer, Rent, Salinas, Gavin Newsom, Affordable Housing, Assembly, David Chiu


Don't arrest anti-maskers. There's a better way to handle them.

Hello, everyone! Welcome to the new edition of Insider Today. Please sign up here. QUOTE OF THE DAY "Everybody in there was African-American." — Teresa Bradley describing to The New York Times the emergency room in Grand Rapids, MI, where she was treated for coronavirus. The Times examined 1.5 million coronavirus records to reveal the huge racial disparities in who's being harmed by the virus. WHAT'S HAPPENING COVID hot spots are everywhere, but especially in the US. Miami-Dade County cl...
Tags: Florida, New York, Texas, Supreme Court, Scotus, Australia, Navy, Washington, US, San Francisco, Trends, Nike, Fbi, Gop, New York Times, Jp Morgan


Longshore workers observe ‘Bloody Thursday’ tradition with car procession through Gardena

Hundreds of members of the ILWU on Sunday, July 5, recalled “Bloody Thursday” and the 1934 West Coast ports strike with a car procession concluding with a graveside memorial at Roosevelt Memorial Park in Gardena, where the first two victims of that historic labor dispute’s violence are buried. According to Daily Breeze history columnist Sam Gnerre, San Pedro High graduate Dickie Parker, 20, and Lomita resident John Knudsen, 43, actually died weeks before the day that would become known as “Blood...
Tags: Business, News, San Francisco, Sport, Soccer, Port Of Los Angeles, West Coast, San Pedro, South Bay, Wilmington, Gardena, Port of Long Beach, Lomita, International Longshore and Warehouse Union, John Knudsen, ILWU


Learn the Ins and Outs of Virtual Teams and Hiring Remote Workers

By now, everybody has discovered the benefits of working virtually. But did you know that hiring an outsourced contractor is different from hiring an employee? Join us live on Facebook on Tuesday, July 7, 2020, at 1 p.m. ET to learn where and how to find remote workers to build the right team, dos and don’ts for interviewing remote workers, how to manage people you’ve never met in person and much more. BONUS: Send us your best hack for working with a virtual team and we just might invite you to...
Tags: Facebook, Boston, Sales, San Francisco, Chicago, Philadelphia, Digital Connectivity, Phoenix, INS, Chicago Atlanta, Small Business Events, San Francisco Miami, Houston Austin, Small Business Events Calendar This, Austin Texas Denver, Denver San Jose


Wall Street Insider: The Mooch's leaked memo to Merrill — Boutique bank exits — Hackers target PE

  Welcome to Wall Street Insider, where we take you behind the scenes of the finance team's biggest scoops and deep dives from the past week.  If you aren't yet a subscriber to Wall Street Insider, you can sign up here. Dealmaking activity has fallen off a cliff this year, as executives focus on steering their existing businesses through the havoc caused by the coronavirus crisis instead of seeking out new deals. Data from Refinitiv released this week showed that the drop in activity was more pr...
Tags: Apple, Time Warner, San Francisco, Trends, Bank Of America, Washington Dc, Nba, Merrill Lynch, Holland, Fidelity, Goldman Sachs, Las Vegas, Morgan Stanley, Goldman, ESG, Alex


Siemens and Salesforce are teaming up to try to bring employees back to the office safely. Here's what top execs from each tech firm expect for the future of the workplace.

The market is booming for firms that can help companies safely return employees back to the office.  The pandemic is forcing software and automation providers like Salesforce and Siemens to partner in order to provide tools to help companies track daily health statistics, and enable touchless entry, elevator access, and more.  Salesforce and Siemens' tool can also help increase worker efficiency and productivity, according to Siemens Smart Infrastructure USA CEO Dave Hopping.   "It's great to ...
Tags: Texas, San Francisco, Trends, Dave, Siemens, Salesforce, Zurich, Cnbc, Sap, Marc Benioff, Honeywell, Benioff, Mulcahy, Simon Mulcahy, Siemens Smart Infrastructure USA


An LA-based startup is using fever-tracking tech to keep daycares open for essential workers, posing as a model for other businesses

The COVID-19 pandemic has exposed and exacerbated the huge lack of childcare support in the US. Los Angeles-based daycare startup WeeCare has managed to keep most of its daycares open for essential workers thanks to its temperature checks. Parents can take a video of themselves taking their and their child's temperatures and submit it through a portal on the WeeCare app, and daycare providers can do the same. The company has shared data with the city of LA to track coronavirus cases and has be...
Tags: Facebook, California, La, US, Los Angeles, San Francisco, Trends, Chang, Peninsula, Englewood, Riverside California, US Los Angeles, Jessica Chang, COVID, WeeCare, Erika Metry


Condé Nast employees say Black celebrities like Lizzo and Megan Thee Stallion were rejected from videos based on a 'racist' vetting process

This story is for subscribers to Business Insider. For a brief period, we're making it widely available. For more information on a subscription to Business Insider, click here. Business Insider spoke to 13 current and former employees of Condé Nast Entertainment about the process through which videos are pitched and produced. Condé Nast Entertainment is the famed publisher's video production entity. Sources say this vetting process, which measures the various parts of a pitch against historica...
Tags: Facebook, Hbo, New York, Minneapolis, Youtube, San Francisco, Barack Obama, Trends, Mtv, Williams, Vogue, Sony, Cbs, Conde Nast, Bet, Vanity Fair


Postmates planning IPO filing for next week

The San Francisco-based food-delivery platform is still fielding takeover offers, but believes it is worth more than the $2.6 billion offer that was reportedly made by Uber.
Tags: Finance, San Francisco, Article, FBN, Fbn/markets, FOXBusiness, Fox-business/markets/stocks, Fox-business/markets/mergers-and-acquisitions, Fox-business/markets/us-markets, Fox-business/markets/ipos, Jonathan Garber, Jackie DeAngelis, D7431668-fc47-5283-a0c1-b6bd3531fcf1


San Francisco now has the 3rd-most billionaires of any city in the world, beating out London, Moscow, and Beijing

San Francisco is now the third city in the world with the most billionaires, per a new Wealth-X report. The tech hub gained two billionaires in 2019, bringing its total billionaire count to 77. San Francisco beat out cities including London, Moscow, and Beijing. New York is No. 1, with 113 billionaires. Visit Business Insider's homepage for more stories. San Francisco's pool of billionaires has ballooned just a bit more in the past year, according to a new report. The Wealth-X Billionaire Cen...
Tags: Amazon, Hong Kong, Elon Musk, New York, US, Los Angeles, San Francisco, Trends, Tech, Tesla, Beijing, New Zealand, Silicon Valley, Jeff Bezos, Jack Dorsey, Kiwi


Gov. Newsom Expected To Announce Reopening Rollback As Coronavirus Surges

SACRAMENTO (AP) – Gov. Gavin Newsom is hinting that he will tighten coronavirus restrictions for California’s nearly 40 million residents as a COVID-19 surge has counties rushing to close down bars and beaches ahead of the Fourth of July weekend. Newsom planned Wednesday to announce he will “tighten things up” only weeks after loosening his March 19 stay-at-home order and reopening most businesses. The state requires people to wear masks when they can’t maintain physical distance but public heal...
Tags: Health, Business, Politics, News, California, Mexico, California News, Fresno, Sacramento, Los Angeles, San Francisco, Riverside County, Ventura County, San Francisco Bay, Central Valley, Gavin Newsom


Contrary Capital wants to invest in the next big tech mafia

Contrary Capital, which has raised money from Tesla, Reddit, SoFi and Twitch, knows a thing or two about how to work with tech’s brightest mafias. Now it wants to invest in them, before anyone else. The San Francisco fund and accelerator, which traditionally invests in student entrepreneurs, is betting on the idea that the best founders are early-career employees first. Today Contrary Capital is publicly launching its next big bet: Contrary Talent, a new arm within the fund that will invest a...
Tags: Startups, TC, San Francisco, Tech, Tesla, Venture Capital, Reddit, Twitch, SoFi, Triplebyte, HBCU, Facebooks, Contrary Capital, Eric Tarczynski, Tarczynski, Tesla Reddit SoFi


Location data startup Bluedot raises $9.1M

Bluedot, a geofencing and location data startup used by companies like Dunkin’, KFC and McDonald’s, is announcing that it has raised $9.1 million in Series B funding. The San Francisco-headquartered company claims that its technology its 20 times more accurate than competing solutions — something that CEO Emil Davityan attributed to its roots in the toll road industry, where it needed to deliver “lane-level” accuracy. “Since then, we’ve delivered location-based solutions for retail, restaurants ...
Tags: Fundings & Exits, Startups, Mobile, Advertising Tech, Funding, San Francisco, Tech, McDonald, Transurban, Andreev, AutoTech Ventures, Alexei Andreev, Mighty Capital, Bluedot, Dunkin' KFC, Emil Davityan


LendingTree Study Ranks the Most Valuable Cities in America

Charlotte, NC – July 1, 2020 (PRNewswire) Real estate wealth is not evenly distributed across the country and is largely concentrated in large cities. But it begs the question: What are the most valuable cities in America? To find out, LendingTree analyzed the total value of residential real estate in American cities. The real estate values come from the My LendingTree property value database, which is a collection of real estate data of more than 155 million U.S. properties. The total value of ...
Tags: Apple, Amazon, Real Estate, New York, News, Microsoft, Minneapolis, Washington, Mexico, Boston, Milwaukee, America, Los Angeles, San Francisco, Atlanta, Qatar


Where to get financial help during coronavirus in California

From hotel rooms for people who are homeless to restaurant meals for seniors isolating for their lives, California has rapidly expanded its safety net in an attempt to catch millions of residents impacted by the coronavirus and its economic aftershocks. In daily press conferences during the pandemic’s first months, Gov. Gavin Newsom announced new “first-in-the-nation” plans to protect vulnerable Californians from illness or financial distress at a dizzying pace. But months in, the pandemic safet...
Tags: Business, Congress, California, Fresno, Sacramento, America, Los Angeles, San Francisco, Sport, Soccer, Roseville, Michigan, Santa Clara, Rhode Island, Patterson, Gavin Newsom


Construction union apologizes, withdraws ad after accusations of anti-Semitism

After Jewish state lawmakers accused the state construction workers union of running a political advertisement evoking anti-Semitic stereotypes in its a depiction of a Jewish state senator, the powerful labor union has issued an apology and withdrawn the ad. The controversial Facebook ad, placed by the State Building and Construction Trades Council, features an image of Sen. Scott Wiener, Democrat from San Francisco, against a backdrop of a Monopoly game board, clutching a handful of Monopoly ca...
Tags: Facebook, Business, Real Estate, California, Housing, Senate, San Francisco, Sport, Soccer, Construction, Gavin Newsom, Hunter, Scott Wiener, Santa Monica, Capitol, Wiener


Could the shift to remote working make tech more inclusive?

Tech giants, including Microsoft, Google, Facebook, Twitter, and Amazon, have already stated they'll be adapting company policies to allow for more remote working. In the business software and tech infrastructure sectors, which are more in-demand than ever, it seems likely that recruiting will resume quickly, with companies seeking to fill specifically remote positions.The tech sector has long suffered from a diversity problem, and remote working fosters a better culture of inclusivity.As the co...
Tags: Amazon, Work, Facebook, Mark Zuckerberg, New York, Technology, Stanford, India, US, America, San Francisco, Cisco, Innovation, Cnbc, Kapor Capital, Remote


A Bay Area politician is pushing to rename the Zuckerberg San Francisco Hospital as anger swirls around Facebook's lax hate speech policies

A San Francisco district supervisor has renewed debate about the name of the city's public hospital, which is named after Mark Zuckerberg and Priscilla Chan.  In 2015, the couple donated $75 million to the hospital, which renamed itself in their honor. Matt Haney, a Democrat, cited recent reports of advertiser boycotts over Facebook's hate speech moderation policies, as well as Zuckerberg's "cozy" relationship with Trump. There were previously calls to remove Zuckerberg's name from the buildin...
Tags: Facebook, Mark Zuckerberg, US, San Francisco, Trends, Unilever, Donald Trump, Zuckerberg, Priscilla Chan, Bay Area, Trump, Democratic Party, CHAN, San Francisco Chronicle, San Francisco General Hospital, Aaron Peskin


How a former soldier went from self-taught truck driver to helping Alphabet's Waymo usher in the era of self-driving semis (GOOGL)

Jon Rainwater instructs safety drivers for Waymo Via, the self-driving company's freight and deliveries unit. He enjoyed a lively career before joining Waymo in 2019 — early on as an Army intelligence analyst, and later transporting hazardous waste and driving trucks for many years. His exposure to the dangerous side of trucking convinced him that there had to a better way, so he was ready to become a Waymonaut when the job became available. Visit Business Insider's homepage for more stories. ...
Tags: Google, Facebook, Oregon, US, Los Angeles, San Francisco, Trends, Arizona, Army, Chrysler, Federal Reserve, Thomas Pynchon, John Krafcik, Phoenix, Tucson, Lewis Clark College


Elon Musk called Jeff Bezos a copycat — again — over Amazon's Zoox acquisition. Here are 9 other rivalries that have formed between some of the world's biggest tech CEOs.

While there are many close friendships among tech CEOs in Silicon Valley, there are plenty of feuds, too.  Some appear to be friendly rivalries — like Salesforce CEO Marc Benioff and Oracle CEO Larry Ellison — but others have become more contentious.  Tim Cook and Mark Zuckerberg, for example, have been openly feuding for years, while Elon Musk and Jeff Bezos have made digs at each other over outer space.  Visit Business Insider's homepage for more stories. Silicon Valley is a breeding ground...
Tags: Apple, Amazon, Facebook, Mark Zuckerberg, Twitter, Spacex, Elon Musk, Cook, Jobs, Instagram, Microsoft, Steve Jobs, Washington, Time, San Francisco, Trends


Meet the 21 rising stars who are transforming the future of clean energy and taking on a $16 trillion opportunity

An enormous transition is underway across the electric grid. Power plants that run on fossil fuels are being replaced by solar panels and wind farms, while more batteries and electric vehicles are plugging in.   Once niche, the clean energy industry is going mainstream. Goldman Sachs says it's an investment opportunity worth as much as $16 trillion through 2030.  Within the industry, researchers, entrepreneurs, and workers are bringing a wide range of solutions to bear, from batteries that sto...
Tags: Google, Elon Musk, New York, Texas, Australia, California, Stanford, Israel, US, San Francisco, Trends, Diageo, Tesla, Nasa, Earth, Mit


SoftBank-backed companies laid off more than 16,800 people in 2020 as the pandemic ravages startups

SoftBank-backed companies are laying off thousands of employees globally as they struggle to find paths to profitability. In the first full week of 2020, four companies – Oyo, Rappi, Getaround, and Zume – laid off a combined 2,600 employees.  In the last year, other SoftBank-backed companies including WeWork, Uber, Wag, and Fair have also cut their ranks dramatically.  SoftBank also saw significant executive turnover in the beginning of the year. If you work at a SoftBank-backed company, Busin...
Tags: Asia, Hong Kong, Japan, UK, New York, London, Australia, La, China, Ipo, India, Softbank, Israel, US, America, Los Angeles


Meet Material, a security startup emerging from stealth with $22 million from the likes of Andreessen Horowitz and the CEO of Dropbox that protects email messages even after an account is hacked

Material, an email security startup, is emerging from stealth mode Tuesday with $22 million in funding, including from a round led by legendary tech VC Andreessen Horowitz. The company takes a unique new approach to protecting email: it assumes your account will be hacked and protects the most sensitive information. The startup was launched after leaked emails changed the 2016 presidential election and the cofounders realized there was no product to address an email hack.  The product asks use...
Tags: Facebook, San Francisco, Trends, Munich, Hillary Clinton, Silicon Valley, San Jose, Andreessen Horowitz, Mars, Redwood City, Casado, Martin Casado, Chris Park, Alex Rice, Abhishek Agrawal, Ryan Noon


Code for Cures: Life Sciences Thrives on San Francisco’s Software Heritage

A growing population of people with software experience plus an interest in life sciences is boosting drug development in the San Francisco Bay Area, according to panelists at an Xcelerating event.Innovation in the San Francisco Bay Area may first bring to mind tech behemoths like Facebook and Google. But some drug development companies in the region say its openness to new ideas and the combination of software experience and life sciences expertise are boosting their prospects.“For us inside t...
Tags: Google, Startups, Facebook, San Francisco, Trends, Tech, People, Innovation, Biotech, Life Sciences, Healthtech, San Francisco Bay Area, Daphne Koller, San Francisco blog main, SanFranciscoVC, TwoXAR


After flashy hires and a big buildout, Perella Weinberg's media and telecom team has been gutted. We tracked the exodus — and what it says about the landscape for blockbuster M&A deals.

As it was ramping up its dealmaking platform in 2015, Perella Weinberg Partners poached star banker Woody Young, a chief adviser to AT&T, to build out a media and telecom practice.  The new group got off to an explosive start in 2016, landing one of the largest mergers in history — AT&T's $100 billion deal for Time Warner.  But since then, deals have been scarce for Perella's media and telecom team, and the group has been gutted by departures in 2020. Young remains at Perella and has added the...
Tags: New York, London, Corporate America, Time Warner, Disney, US, San Francisco, Trends, Atlanta, Paypal, Fox, Comcast, Merrill Lynch, Cbs, Goldman Sachs, Lazard


After flashy hires and a big buildout, Perella Weinberg's media and telecom team has been gutted. We tracked the bankers who are out — and what it says about the landscape for blockbuster M&A deals.

As it was ramping up its dealmaking platform in 2015, Perella Weinberg Partners poached star banker Woody Young, a chief adviser to AT&T, to build out a media and telecom practice.  The new group got off to an explosive start in 2016, landing one of the largest mergers in history — AT&T's $100 billion deal for Time Warner.  But since then, deals have been scarce for Perella's media and telecom team, and the group has been gutted by departures in 2020. Young remains at Perella and has added the...
Tags: New York, London, Corporate America, Time Warner, Disney, US, San Francisco, Trends, Atlanta, Paypal, Fox, Comcast, Merrill Lynch, Cbs, Goldman Sachs, Lazard


Meet Material, a security startup emerging from stealth with $22 million from the likes of Andreessen Horowitz and the CEO of Dropxbox that protects email messages even after an account is hacked

Material, an email security startup, is emerging from stealth mode Tuesday with $22 million in funding, including from a round led by legendary tech VC Andreessen Horowitz. The company takes a unique new approach to protecting email: it assumes your account will be hacked and protects the most sensitive information. The startup was launched after leaked emails changed the 2016 presidential election and the cofounders realized there was no product to address an email hack.  The product asks use...
Tags: Facebook, San Francisco, Trends, Munich, Hillary Clinton, Silicon Valley, San Jose, Andreessen Horowitz, Mars, Redwood City, Casado, Martin Casado, Chris Park, Alex Rice, Abhishek Agrawal, Dropxbox


Former high-flying VC Michael Rothenberg now faces criminal charges alleging 'multiple schemes to defraud' his investors

The former high-flying San Francisco venture capitalist Michael Rothenberg is, for the first time, facing criminal charges over allegations that he defrauded investors in his venture fund. The US attorney's office in Northern California announced the charges on Friday after investigations by the FBI and the IRS criminal-investigations unit. A whistleblower came forward about Rothenberg's business dealings in 2016. In a settlement with the Securities and Exchange Commission, he was barred from ...
Tags: US, San Francisco, Trends, Fbi, SEC, Silicon Valley, Irs, Drew Olanoff, Securities And Exchange Commission, Northern California, Rothenberg, Michael Rothenberg, Olanoff, Office for the Northern District of California



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