Good morning, Austin! We've scoured the web to bring you the most gossip-worthy tech news of the day.
Turns out Austin isn't the only city cracking down on illegal short-term rentals. San Francisco's Board of Supervisors approved tougher regulations for websites like Airbnb and HomeAway that require them to register with the city or face big fines and even criminal charges.
When you have invested $325 million into electric car company Tesla, you have the power to move the stock with a few cheerleader comments on CNBC.
That's what happened on Tuesday when investor Ron Baron sent shares of Tesla up 6.2 percent after saying the company was poised to be one of the "biggest in the world" with a potential value of $700 billion. Baron said he personally expects returns of $6 billion to $7 billion.
Yahoo Inc. will auction a portfolio of about 3,000 patents that could bring in more than $1 billion. According to the Wall Street Journal the patents date back to Yahoo's initial public offering in 1996 and include some of its original search technology. Yahoo set a mid-June deadline for bids.
The NFL was the victim of a hack into its Twitter account yesterday. A tweet was sent out saying NFL Commissioner Roger Goodell had died.
The NFL quickly worked to delete the tweet and inform people that Goodell is in fact alive. This comes on the heels of Facebook CEO Mark Zuckerberg having some of his social media accounts hacked over the weekend.
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