Business and technology news. From SFGate.com: the Bay Area's home page, online home of the San Francisco Chronicle and much more.
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Shares of Fannie Mae and Freddie Mac plummeted Friday as Wall Street and Washington became more convinced that the government is likely to bail out the nation's key mortgage financiers. Freddie Mac shares fell $2.91, or 36.4 percent, to $5.09 in late-morning...
Read Freddie, Fannie shares sink on bailout concerns (Links)
More than 500 software programs - featuring neat stuff like video games, music programs and office applications - flooded onto the Internet Thursday in anticipation of Apple Inc.'s next generation iPhone, which comes out Friday. It's all part of an emerging...
Read Here's what the new iPhone can do (Links)
Some of those pens, pads and clocks plastered with drug logos could disappear from your doctor's office under voluntary marketing restrictions issued Thursday by the nation's biggest drug industry trade group. Drug salespeople would also be forbidden to take...
Read Drug group urges limits on gifts to doctors (Links)
I scream, you scream, we all scream for ... about $12 billion worth of ice cream. To be exact, Americans spent $12.4 billion on ice cream, frozen yogurt and similar products in 2007, according to a report released Thursday by Mintel International, a consumer...
Read Ice cream still a hit with Americans (Links)
A long-stalled mortgage rescue inched Thursday toward Senate passage, only to be sent back to the House for more votes and intense negotiations to resolve disputes that are delaying help for hundreds of thousands of homeowners. By a vote of 84-12, the Senate...
Read Congress wrangles over help for hurting homeowners / Senate passes bill but it's back to the House for reworking (Links)
More than 500 software programs - featuring neat stuff like video games, music programs and office applications - flooded onto the Internet Thursday in anticipation of Apple Inc.'s next generation iPhone, which comes out today. It's all part of an emerging...
Read Here's what the new iPhone can do (Links)
Speculation that Toyota Motor Corp. might build Prius hybrids in the Bay Area appeared to unravel Thursday when the company announced plans to start Prius production at a Toyota plant already under construction in Mississippi. In May, a Japanese newspaper,...
Read Toyota decides Nummi will not build Prius now (Links)
Pandora, an Internet radio company in Oakland, has enjoyed a cultlike following on the Web for its personalized music service. Now, it hopes to reach even more ears through Apple's iPhone. On Thursday, Pandora introduced an application for the iPhone 3G that...
Read Apple and Oakland's Pandora offer free music (Links)
Solar PV bulks up So many huge solar power plants are under development these days that it would be easy to overlook the one approved Thursday by the California Public Utilities Commission. After all, it will generate at the very most 21 megawatts of...
Read TECH CHRONICLES / A daily dose of postings from The Chronicle's technology blog (sfgate.com/blogs/tech) (Links)
Shares of Fannie Mae and Freddie Mac, the government-chartered mortgage finance giants, plummeted Thursday and are trading at levels last seen in the early 1990s. If the prices don't recover, it will be harder for the two companies to raise more money through...
Read Fannie, Freddie sink - investors fear new losses / Shares trading at prices seen in early 1990s (Links)
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