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News releases from San Francisco Business Times

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Spin cuts headcount by 25% but keeps S.F. office space and presence
The local scooter startup is prioritizing "limited vendor markets" where it sees a path to profitability. 
Tags Startups Logistics & Transportation Recreational Tourism
From Business Journals
Calling all startups! Bay Area Inno Madness now accepting nominations.
We’re getting ready to kick off Inno Madness, our inaugural bracket-style competition contest to build excitement for the region’s innovation universe — and we need your help. 
Tickers INNO
Tags Technology Inno
From Business Journals
For the first time since 1987, new bars may soon be able to open in the Castro
A new ordinance would rezone the S.F. neighborhood, a win for new blood in Castro's nightlife scene. 
Tags Politics Bars Government & Regulations
From Business Journals
China blocks flights from SFO; Robinhood goes remote
Meanwhile, Redfin has entered into an agreement to acquire Corte Madera-based Bay Equity Home Loans, a national, full-service mortgage lender, for $135 million. 
Tickers META
Tags Transportation Roundup Facebook Inc/
From Business Journals
Klay, Steph and five other Bay Area athletes with money in the startup game
Retired New York Giants quarterback Eli Manning joined private equity firm Brand Velocity Partners on Monday. Here are seven Bay Area athlete-turned-investors already capitalizing on the trend. 
Tickers INNO
Tags Professional Sports Technology Startups
From Business Journals
FDA lifts clinical hold on Peninsula company's off-the-shelf cancer cell therapy trial
The FDA three months ago placed a clinical hold on the company's cancer cell therapy trials after finding an "chromosomal abnormality." 
Tags Pharmaceuticals Insurance Health Care
From Business Journals
Alaska Airlines taps British Airways veteran to lead California
The new executive will help the carrier compete in California, where United Airlines operates hubs in San Francisco and Los Angeles. 
Tags Logistics & Transportation United Airlines Neil Thwaites
From Business Journals
Viewpoint: Time to turn tough talk about street conditions into action
Our editor-in-chief implores the city not to let recent momentum in Tenderloin and Mid-Market wane. 
Tags Government & Regulations
From Business Journals
Judge halts luxury development; Meta target of death lawsuit
Meanwhile, Mohammed Nuru, the former director of San Francisco Public Works, officially pleaded guilty Thursday to a federal fraud charge. 
Tags Retailing Roundup Facebook Inc/
From Business Journals
S.F.-based The Athletic bought by New York Times for $550M
The reported acquisition comes after talks with news publisher Axios fizzled in mid-2021. 
Tags Media & Marketing Digital Media Mergers and Acquisitions
From Business Journals
S.F. repurposes U.N. Plaza site; Former Uber officer indicted
Meanwhile, a federal grand jury has handed down an indictment for wire fraud against Joseph Sullivan for his role in the alleged attempted cover-up of a 2016 hack of Uber Technologies. 
Tickers UBER
Tags TCV Private equity Mergers and Acquisitions
From Business Journals
SFBT Friday Digest: SFO-Hong Kong flights suspended; Peninsula condo project
Meanwhile, SF Sketchfest, the annual two-week comedy and improv festival, announced Thursday, Dec. 30, that it will postpone its 20th anniversary season due to the latest Covid-19 surge and the omicron... 
Tags Travel & Tourism Travel Coronavirus
From Business Journals
S.F. not planning on more dining restrictions, health officer tells GGRA
S.F.'s public health officer told the restaurant lobby that for the time being it isn't planning to add restrictions to businesses beyond yesterday's. 
Tags Bars Restaurants Government & Regulations
From Business Journals
This week in bankruptcies: Wheels America San Francisco LLC and Kane Corp.
This week in San Francisco business bankruptcies include Wheels America San Francisco LLC and Kane Corp.. For the year, San Francisco has recorded 96 business bankruptcy filings. 
Tags Banking & Financial Services
From Business Journals
This web3 startup has no HQ, no CEO and no VC funding
HumanDAO has sold nearly $4M worth of tokens in less than a month and wants to create income-generating opportunities for people around the world. 
Tickers INNO
Tags Cryptocurrency Startups Inno
From Business Journals
Databricks builds out customer pipeline with new startup-focused venture arm
The San Francisco data and analytics startup — valued at $38 billion — recently announced its own venture arm as speculation grows about its own IPO. 
Tickers INNO
Tags Dharmesh Thakker Joel Minnick Startups
From Business Journals
Year in Review: Bay Area fed its drug habit with FDA approvals
Eight novel drugs from Bay Area companies were approved by the FDA in 2021. 
Tags Durect Corp/ ChemoCentryx Inc/ Myovant Sciences Ltd/
From Business Journals
Calling all companies: We're looking for the Best Places to Work in the Bay Area
We honor more than 100 companies every spring. Should yours be one of them? 
Tags Diversity, Equity and Inclusion Healthiest Employers Awards
From Business Journals
Marc Andreessen blocks Jack Dorsey on Twitter after web3 comments
"The VCs are the problem," Dorsey tweeted. 
Tickers INNO
Tags Technology Social media Venture capital
From Business Journals
SFBT Wednesday Digest: Oakland requires vax proof; opening date for new S.F. subway
Plus: Most UC schools returns to virtual learning and S.F. is buying a SoMa building. 
Tags Roundup Government & Regulations
From Business Journals
Verily shuffles leadership, shifting CEO Andy Conrad to long-range strategy
Stephen Gillett joined the South San Francisco-based company 18 months ago and most recently was COO. He now will add the president title. 
Tags Alphabet Inc/ Pharmaceuticals Health Care
From Business Journals
Bounce brings on-demand luggage storage to more travelers with UPS expansion
"The big crazy vision is to build cloud storage for the physical world," the founder says. 
Tickers INNO
Tags Technology Travel & Tourism Startups
From Business Journals
Rite-Aid to close 63 stores
Pharmacy chain Rite-Aid said Tuesday it plans to close 63 locations across the U.S. The drugstore retailer has multiple locations throughout the Bay Area, including more than 40 in the Bay Area. 
Tags Retail Chains Retailing
From Business Journals
Williams-Sonoma accuses Wayfair of copying designs
The San Francisco company accused Wayfair of infringing nine of its patents by selling furniture “identical or virtually identical” to products in its West Elm brand. 
Tags E/commerce Retailing
From Business Journals
Mohammed Nuru to plead guilty in federal corruption probe
He will officially enter the plea in January, capping a nearly two-year saga. 
Tags Government & Regulations Recology Inc/
From Business Journals
Final weeks to nominate for the Real Estate Deals of the Year
The San Francisco Business Times will highlight the winners in a special publication published on April 1, 2022. 
Tags Architecture & Engineering Manufacturing Residential Real Estate
From Business Journals
A's, Oakland look to bring new ballpark home with release of key environmental report
Oakland's Planning Commission would consider the final EIR for the A's ballpark development in mid-January, followed by a City Council certification vote in February. But hurdles remain. 
Tags Professional Sports Commercial Real Estate Sports Business
From Business Journals
Elite members-only lifestyle club coming to Transamerica Pyramid
The club, which has locations in Manhattan and Milan, intends debut at the city's most famous skyscraper in 2023. 
Tags Michael Shvo Commercial Real Estate Architecture & Engineering
From Business Journals
Weight loss app Found raises $100M Series B
The round comes less than three months after it announced a Series A. 
Tickers INNO
Tags Inno Venture capital Startups
From Business Journals
The week in bankruptcies: Tribeni Enterprises.
This week in San Francisco business bankruptcies include Tribeni Enterprises. For the year, San Francisco has recorded 94 business bankruptcy filings. 
Tags Banking & Financial Services Government & Regulations
From Business Journals
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