In the news on April 10: vandals deprive Bay Area dwellers of their twittering rights by hacking up fiber cuts; Wells Fargo puts a smile on the face of the financial world; and Yelp decides to let businesses publicly respond to reviews.
BIZ
In the first major sign of economic optimism since the recession began, Wells Fargo forecasted a $3 billion profit in the year’s first quarter. Chron
The Dow jumped nearly 250 points as a result. Chron
Yahoo and Microsoft might partner up. D
IShares sold to CVC Capital Partners for $4.4 bil. Chron
Microsoft put forth a kinda shady “tax return” comparing the cost difference between a Windows PC and a Mac. CNET
Yelpers, take note (and maybe consider taking your profile pictures off the site): Yelp will soon let businesses publicly respond to reviews. Chron
Social networking start-ups like Socialtext and Glam Media did well this week. Chron
TECH
Someone tried to hack the Bay Area – literally – by taking a hacksaw to multiple fiber cuts around the bay early this morning. As a result, thousands of wireless, Internet and landline phone customers from Santa Cruz to Silicon Valley were cut off from service. Techmeme
If you know who did it, contact AT&T and collect a 10,000 reward. SF Biz Times
Shaq and Marc Cuban Twitter-flirt (twirt?). CNET
Google and Microsoft are fighting (twighting?) over twitter. SF Biz Times
REAL ESTATE
SF real estate prices are still dropping. Chron
A really sad story about the demise of a 61 year old hardware store. Chron
What did we miss? Let us know.
