Silicon Valley

A Modern Neo-Feudal State, The Tech Lords Ushering in a Return to the Medieval

If ever such tech lords decide that their will should supplant that of the majority's, or that through their influence they might alter the course of history by sustaining one country's war of aggression on another or by manipulating the political landscape, democracy will be the casualty - in America and throughout the world.

No Silicon Valley Exodus After All? But 'Carnage' of the Poor is Expected

It appears that record-breaking investment in startups and booming market caps for Big Tech are being witnessed as the region's poor residents massively suffers from the relentless economic effects of the COVID-19 pandemic.

Silicon Valley's VC Firm Partner Dismissed Over Disturbing Lawsuit of Sexual Abuse

A lawsuit filed on March 8 claimed that Sequoia Capital’s partner Michael Goguen has sexually, physically, and emotionally abused a woman for 12 years. Mr Goguen has been dismissed from the firm regarding the case and is seeking to file a cross complaint and prove he’s not guilty of the alleged crimes.

Data Showed More Tech Workers Are Leaving Silicon Valley

Cities like Austin, Texas, and Seattle, and Seattle have become a new target for tech workers. They are areas in which the tech startups are increasing in large number.

Palantir Technologies Reached $2 Billion in Valuation

Palantir Technologies Inc., the data analysis company has raised another $200 million funding, adding up to its $2 billion of company's valuation.

Messaging Startup Slack Launches App Directory And Creates $80 Million Fund to Invest in Other Startups

Slack Technologies, a Silicon Valley company which owns team communication app Slack announced that it has launched a third-party App Directory aimed at being the de facto source for certified integrations. Slack is also forming an $80 million venture fund to invest in other startup funds. Slack has also reveals that it now has 2 million daily active users, a 16 percent jump from October, when the service had 1.7 million users. It also now has 570,000 paid seats, up from 470,000 two months ago.

Airbnb confirms $1.5 billion fund raising round

The US-based home-sharing startup Airbnb has confirmed that it closed $1.5 billion fund-raising round in a filing to SEC. The latest round puts Airbnb's valuation at $25 billion. The home sharing services provider boosted its forecast for revenues to $900 million for 2015. Airbnb is planning to expand globally.

President Obama calls on Silicon Valley to battle online terrorist recruitments, addresses USA on terror

President Obama’s recent terror threat speech seeks the help of Silicon Valley to stop recruitment and promotion of terrorist groups’ violence over social media.

Uber Recruits Three More Bankers to Join The Tech Company

Three bankers are leaving Goldman Sachs to join Uber tech company. They are the latest of Wall Street bankers departed to Silicon Valley.

Toyota to invest $1B to establish artificial intelligence company in US

Carmaker Toyota will invest $1 billion over five years as it will establish a research company named the Toyota Research Institute, in Silicon Valley. The company will focus on artificial intelligence and robotic technologies.

Indonesia Deregulates Policy to Entice American Investor in the E-Commerce Sector

Indonesian President Jokowi will visit U.S next week and in his series of meetings he will also meet chief executives from high profile technology companies to invest in Indonesian e-Commerce sector.

IBM's Watson supercomputer is coming to Silicon Valley

IBM is building a new hub in Silicon Valley for its supercomputer Watson to lure start-ups and data scientists into using its cognitive computing platform. The innovation center is expected to open middle of next year.

Top 4 Brightest Entrepreneurs in Britain Who Have Brought Their Startup Ventures into Stellar Success

Startup online companies are not found only in Silicon Valley. There are four British bright boys who have brought their own online startup ventures into stellar success.

Get most out of your Fundraising in Silicon Valley; Learn the Tips and Tricks from Mattermark and more

Mattermark CEO and co-founder Danielle Morrill gave a tweetstorm of advice on how to get the best out of your fundraising in Silicon Valley.

Silicon Valley Bus Drivers Woes: Apple is amenable to offer better working conditions

Apple is working out with contractors for its drivers' wage hike by $27.50 an hour. Recently, Teamsters Local 853, the tech bus union protested over their unpaid downtime from morning to evening.

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Latest Stories

Buying Returned Items in Bin Stores Gives You Up to 80% Discount

Have you ever wondered what happens when you return clothing, a coffee machine, or other purchases to online stores like Amazon?

Retail Shakeup: Are Your Favorite Stores Closing? 3,200 Store Closures Recorded

According to a recent report, the retail industry is struggling as it deals with consumers who are tired of paying for inflation and a wave of bankruptcies.

US Airlines Challenge Biden's Fee Transparency Directive

American airlines have filed a lawsuit to prevent the Biden administration from imposing more transparency on the fees that they charge their customers.

Should You Stay Invested? Market Treads Water as Inflation Reach 3.3% Annually

The S&P 500 ended the week very slightly down as investors took a break following three weeks of gains.

California Landline Battle Could Bring Nationwide Relief For Your Bills

AT&T is requesting that California utility regulators reject its request to be relieved of its obligation to offer traditional landline phone service.

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