San Francisco-based Current TV, the liberal cable news channel started by former Vice President Al Gore, has hired JP Morgan and The Raine Group to assess strategic options that may include a sale or strategic partnership with another media company, according to a person with knowledge of the operation.
The channel, founded in 2005 by Gore and businessman Joel Hyatt, is also seeking new funding and talking with venture capitalists and other parties, the person said on condition of anonymity because the talks were private. Read More
It was nothing less than stunning, given that the San Francisco 49ers already were being considered NFL royalty and the Minnesota Vikings court jesters.
But here it is: The San Francisco defense, so stout, was attacked, successfully, from the opening whistle. The Vikings defense, for two years an Achilles heel, stood tall, making stops, taking away the ball. And Christian Ponder? Well, the young Vikings quarterback was simply amazing. Read More
The San Francisco Giants figure to rest a few regulars in Sunday's series finale against the San Diego Padres after clinching their second National League West crown in three years. It'll be a well-deserved break. Read More
Pablo Sandoval smacked a three-run homer among his three hits and Matt Cain won his career-high 15th game as the Giants lowered their magic number to win the National League West to five with a 7-1 victory over Colorado on Wednesday at AT&T Park.Gregor Blanco also had three hits and drove in a pair, while Buster Posey and Brandon Belt each had an RBI for the Giants, who increased their lead over the Los Angeles Dodgers to nine games. Los Angeles split a doubleheader at Washington. Read More
The NHL lockout claimed its first casualties as the league said Wednesday it canceled the first week of preseason games given the absence of a collective bargaining agreement.
The NHL, in the midst of its fourth work stoppage in 20 years, said in a statement that the preseason set to open Sunday is canceled through Sept. 30, chopping 60 games off the schedule. This includes three Sharks games, Wednesday at Vancouver, Thursday vs. Phoenix and Sept. 29 vs. Anaheim. Read More
A University of California system patent licensee, which has sued some of the biggest U.S. companies, is taking on three more: Facebook, Wal-Mart and Walt Disney.
Eolas Technologies and the UC regents filed lawsuits Wednesday over four patents they believe the companies are infringing upon.
The patents for interactive technology, including hypermedia display and interaction, were issued to the university and licensed to Eolas, a Texas company chaired by Michael Doyle. Read More
Twitter must hand the tweets of an Occupy Wall Street protester over to prosecutors in New York by Friday or face civil contempt and a hefty fine, a judge said Tuesday.
Manhattan Criminal Court Judge Matthew Sciarrino told Twitter that it had had 73 days to comply with his June 30 ruling ordering it to produce nearly three months’ worth of tweets from Malcolm Harris. The Occupy member was arrested during a mass march in October. Read More
Seats for the new 49ers stadium in Santa Clara are selling well, the team reports.
The Niners have already sold $670 million in seats, as 70 percent of current season ticket-holders have committed to seats and luxury boxes, “as most longtime members of the Niner faithful decided to stick with their beloved team despite huge price increases,” the San Jose Mercury News reported. Read More
Trevor Cahill carried a no-hitter into the seventh inning en route to his 50th career victory as the visiting Arizona Diamondbacks beat the Giants 6-2 on Wednesday, racking up their second straight win and winning the best-of-three series after dropping the opener.Chris Johnson had two hits, including a two-run double to cap the Diamondbacks’ four-run seventh inning and make it 6-0. He also tripled and scored in the fourth. Read More
If the Los Angeles Angels were looking for proof positive they can make a late push for the postseason, they got it this week.Los Angeles capped a three-game sweep of the A’s — its first over the NorCal rival since October 2009 — with Wednesday’s 7-1 win in front of 15,404 spectators at the Coliseum.The Angels not only beat the A’s, they dominated a team that had won nine straight and trailed only seven innings during the streak. Against Los Angeles, Oakland never led and got outscored 21-5 in the three games. Read More
PGA Championship winner Rory McIlroy may be the youngest member on the European Ryder Cup team, but the Northern Irishman said he is ready to take on a leadership role in the team competition.
The 23-year-old world No. 1, who made his debut in the biennial event in 2010, said he will not hesitate to raise his hand at this year’s edition against the United States at Medinah Country Club outside Chicago from Sept. 28-30. Read More
Danish journalist and documentarian Mads Brüggers has no intention of hiding behind a notebook or camera.Part Michael Moore and part Sacha Baron Cohen, Brüggers stars in “The Ambassador,” his documentary about corruption in Africa. Brüggers’ plan is to investigate the illegal conflict-diamond trade and the role played by unscrupulous diplomats and officials in Africa. He forks over $100,000-plus to a shady European broker so he can be credentialed as a Liberian diplomat to the Central Republic of Africa. Read More
Republican Mitt Romney urged voters on Thursday to help him rebuild the U.S. economy and create millions of new jobs, asking them to overcome their disappointment in President Barack Obama and join him in restoring the promise of America.
In a high-stakes speech accepting the Republican presidential nomination, Romney said he would work to unify a divided country that believed Obama's lofty campaign promises but had lost hope they would be fulfilled. Read More
Floodwater from Hurricane Isaac jumped a levee on the outskirts of New Orleans on Wednesday, but the multibillion-dollar barriers built to protect the city itself after the 2005 Katrina disaster held firm, officials said.
The lumbering hurricane, which weakened to a tropical storm Wednesday afternoon, threatened to flood towns in Louisiana and neighboring Mississippi with a deluge of rain, storm surges up to 12 feet and top sustained winds up to 70 mph. Read More
Tropical Storm Isaac closed in on the Gulf Coast on Monday, triggering mandatory evacuation orders and disrupting U.S. offshore oil production as it threatened to make landfall between Florida and Louisiana as a Category 2 hurricane.
The wide, slow-moving storm swiped south Florida on Sunday and strengthened over the warm Gulf waters. It was expected to reach land tonight or early Wednesday, the seven-year anniversary of Hurricane Katrina. Read More