Tech titan lease renewals may spur Silicon Valley real estate rebound

Five big lease renewals top 1 million square feet of office space MOUNTAIN VIEW, CA — Lease renewals by tech titans in multiple Silicon Valley cities provide some hope that the region’s battered office sector is beginning to stabilize. According to commercial property databases and several real estate sources, Google, Amazon, and Apple are among…

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One-fifth of Silicon Valley offices are available as empty spaces balloon

Tech company subleases shove vacancy levels higher: Colliers report SAN JOSE, Calif. — According to a new report, one-fifth of Silicon Valley’s office buildings are empty, the highest level since the last recession, as a result of the tech industry’s push to sublease space. Colliers, a commercial real estate firm, estimated that 19.8% of office…

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Elias: California housing policy based on state’s bad forecasting

Despite no recent population growth, legislators have chosen to encourage more crowded living conditions Ballyhooed state forecasts on issues like California’s housing and population can be counted on to be incompetent and inconsistent. They are usually out of date even before they are issued. For years, this state has plagued its cities and counties with…

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Supplement company to pay $200,000 amid claims of false advertising

San Diego-based Organifi promised a bevy of unproven health benefits, according to prosecurtors Authorities expect a Southern California supplement company to pay $200,000 to settle claims that it misled consumers by claiming its products could balance hormones and even replace “bad” bacteria with “good” bacteria. Organifi and its founder, Andrew Canole, agreed to the settlement…

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Five people arrested after beating, attempted stabbing in San Mateo

Most of the people arrested were teenagers, police said Authorities said five people were arrested late Wednesday night after a man was beaten while waiting at a bus stop in San Mateo. According to the San Mateo Police Department, the beating occurred shortly before 11 p.m. Wednesday near Hillsdale Boulevard and Edison Street in the…

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Instagram boss Adam Mosseri teased a return of the Reels Bonus program after getting grilled by a creator — and clarified Meta’s stance on nipples

Instagram hosted an event for creators, social-media managers, and journalists in New York. Top exec Adam Mosseri made a surprise appearance at the event, where he was grilled by the audience. Here are six takeaways — including why Instagram changed its incentive programs. If all creators were given the opportunity to ask Instagram’s top executive,…

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