Tesla going ahead with $2.6B SolarCity purchase

SILICON VALLEY — Tesla on Monday said it will go ahead with plans to buy SolarCity on Monday in a $2.6 billion all-stock deal.

Stockholders will receive 0.11 common Tesla shares per SolarCity share, with SolarCity stock valued at $25.37 per share. SolarCity shares dropped more than 5 percent early on Monday, trading as low as $24.95, while Tesla shares were down a a little more than 1 percent  ...

Larry Page's flying car company wants to expand

SILICON VALLEY — When you think tech, you probably don't think of a municipal airport.

But Hollister Municipal Airport is where flying car company Zee.Aero Inc., reported by Bloomberg to be funded by Alphabet CEO Larry Page, is looking to put down long-term roots.

On Monday, the Hollister City Council will vote on approving a 34-year, 1-acre lease with the Mountain View-based company.

Zee.Aero  ...

S.F. -based Kinsa donating tech to Olympians for Zika tracking

SAN FRANCISCO — With next week’s Olympic games in Rio de Janeiro quickly approaching, San Francisco-based digital health startup Kinsa is offering its smartphone connected thermometer for free to Olympians in order to track the spread Zika Virus and guard athletes and members of their entourage from infection.

Backed by Silicon Valley VC firm Kleiner Perkins Caufield & Byers, Kinsa Health was  ...

How this S.F. startup helps small investors buy into equity crowdfunding

SAN FRANCISCO — Crowdfunding platforms have been around for years now, helping entrepreneurs and artists fund everything from gadgets to feature films through crowdsourced donations.

By this point, sites like Kickstarter have produced a number of notable success stories – like the Oculus Rift headset, which was ultimately acquired by Facebook for $2 billion, or the Pebble Watch.

But until  ...

Jay Z-backed private jet service to start New York-to-Boston service

NEW YORK— JetSmarter, a private jet startup backed by investors including rapper and entrepreneur Jay Z, will begin flying customers from New York City to Boston beginning Sept. 13.

The shuttle service will allow customers to reserve single seats on shared private planes in order to fly from New York to Boston and Washington D.C.

Backed by $55 million in investor funding, the Fort Lauderdale,  ...

WayUp chief: N.Y.C. startups focus more on strong business models from day one

NEW YORK— Liz Wessel is all-too familiar with the trials of being an entrepreneur in New York City.

The CEO and co-founder of WayUp, which services both students and graduates with job opportunities during and after college, rebranded last year. Since then, the Manhattan-based company has been gaining traction with millennials entering the job market. Before that, it was known as Campus Job and  ...

6 ways delegation can go wrong

Delegating. What a drag.

After explaining the work you want done, checking to make sure it’s done right, and then correcting it when it isn’t, you may as well do it yourself, right?

Hold up there, boss. When delegating goes wrong, it’s often because of you.

Although delegation is a critical business skill, research by Gallup finds that only one in four entrepreneurs has a high level of  ...