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Scholarly woman pleads not guilty to stalking ex, identity theft

This Stanford graduate might have been better off at a school of higher yearning. Erin Umberg, a 29-year-old who has graduate degrees in molecular physiology and psychology from Tufts and Stanford universities, respectively, pleaded not guilty Tuesday to multiple felony counts for allegedly revenge-stalking her ex-boyfriend after hacking into his computer five years ago. Read More

22-year old man reported missing found safe

A 22-year-old man who had been reported missing in San Francisco is safe and has been in touch with his family, police said today. Evan Flanary contacted his family, who told police he is OK and had been unreachable because he had not charged his phone, Officer Albie Esparza said. Read More

Historic Facebook IPO falls short of expectations, is marred by technical glitches

The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company's sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close.Facebook shares, which opened up 11 percent, closed at $38.23 after a nail-biting last half hour of trading when the shares dipped to their $38 IPO price. Most investors had predicted a first-day pop. Read More

Chilling message posted hours before S.F. homicide

At 5:44 p.m. on Thursday, 21-year-old Diondre Young posted a rhyme on Facebook that mentioned friends who had died and asked whether his “time could be next.” Young’s “time,” it turned out, was just hours away, as he was found shot dead early the next morning in the Rincon Hill area. Read More

Feds ensnare SF fund manager over inflated Facebook shares

Larry Albukerk
A San Francisco investment fund manager who dealt in not-yet-public Facebook stock has agreed to pay a large fine as part of a Securities and Exchange Commission inquiry into malfeasance in the booming pre-IPO secondary market.Larry Albukerk, who founded the locally based EB Exchange Fund in 1999, is accused by the agency of misleading investors anxiously trying to get their hands on Facebook shares before the social media company goes public later this year. Read More

Facebook lawsuits sent to SF federal court

Mark Zuckerberg of Facebook
A series of class-action lawsuits contending that the popular social networking site Facebook illegally tracked members’ Internet activity on other websites has been moved to a federal court in San Francisco. Read More

Benefits aim to aid San Francisco DJ injured in weekend hit-and-run

DJ Toph One
A bicyclist who was seriously injured in a hit-and-run collision early Sunday morning has been identified as San Francisco nightlife luminary and activist Christopher Evans, better known as DJ Toph One. According to Facebook posts, Evans is currently in the Intensive Care Unit at San Francisco General Hospital with a broken pelvis. Read More

Mission rape suspect posted rambling Facebook messages

Frederick Dozier
The Mission district serial rape suspect posted several rambling and disturbing Facebook messages around the time of the heinous crimes. Frederick Dozier, 32, of San Francisco, was arrested last week in connection to a string of violent sexual assaults along 24th Street. He allegedly admitted to the crimes, and DNA evidence supports the case, police said. An anonymous tip led to his arrest near Treat and Cesar Chavez streets. Read More

Tech IPOs boom and bust

Twitter
San Francisco’s tech industry has softened the blow of the national recession on the local economy and is viewed by some as a cornerstone of The City’s future economic growth. The success of a tech company is often gauged by its ability to go public and shake up the market with a stock value exceeding its initial offering price. Read More

Report says Facebook seeks $10 billion in IPO

Facebook
Facebook might finally be laying down the groundwork for a highly anticipated initial public offering, long expected to take place sometime after April 2012.The Wall Street Journal is reporting that the world's largest online social network is looking into raising as much as $10 billion in its IPO. The Journal cited people familiar with the matter but did not identify them by name. Read More
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