Recode, a leak shows the revenue forecast falling by 15 to 3. 5 billion with earnings falling by 20 this year. Now, verizon is said to value yahoos core business at 8 billion. The financial situation at yahoo is dire. Now, ceo Marissa Mayers efforts to reboot the company into a content provider by launching a video Web Service Portal fell flat and stock was down 20 this year. If the acquisition by verizon goes through, verizon would replace mayer with top executives from aol. And if mayer is ousted, she could end up with a severance package worth 110 million. Google was reportedly also interested but only mainly as a way to gobble up the audience and block out any rivals. After all this reporting about yahoos potential sale, the stock police fell by. 49, dropping 1. 34 and ending the day at 36. 17. First round bids for yahoo ar due on monday. Well learn how csa officials and unions reached a deal. They will announce the terms of the salary agreement. The pay increase they settled on wi
Through businesses like airbnb, you have to let the city know. Its a law thats been in effect for two years now. But heres the problem. Just last month, airbnb says it had over 7,000 unique hosts in San Francisco. The city has received a little more than 1600 registration applications. Prop f would have required airbnb to help crackdown on unregistered rentals but it was rejected by San Francisco voters in november after the Company Launched an 8 million ad campaign. We tried to deal with the proposition is give airbnb and other companies some skin in the game. We say to them, if you list a unit that isnt registered or that is illegal, you can be fined. Reporter supervisor david campos is vocal about finding a remedy. He said this report makes it clear that businesses like airbnb cant selfregulate and that the law needs to be amended. Both the city and airbnb have agreed that they are really trying to help out the middle class renters. Airbnb wants to focus on the middle class people r
Later today expect showers mainly in the south with caller cooler weather coming. No major issues on the roads. Heres a live look out the door at 880 if you are hopping an earlymorning flight over by oakland airport. This is near that exit 880, 16 minutes between 238 and the maze. Well break down mass transit coming up in a few minutes. Video just released shows a bay area sheriffs deputy taking down a teenaged girl. Leave her alone no [ screaming ] now she is suing for excessive force. The full video is 35 minutes long and this is what 19year old Gabrielle Lemos looked like after the confrontation. The footage comes from the night of her High School Graduation party in june last year. Andria borba walks us through it reporter the body cam video begins here as Deputy Marcus holton investigates why a truck is stopped and running in the middle of a rural road in petaluma. And why there was yelling. In the truck is carly and according to Sonoma County, the deputy was concerned about a pos