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. Uber has been stripped of its London licence in a surprise move that dealt a serious blow to one of Silicon Valley’s fastest rising companies and sparked an outcry from a coalition of customers, government ministers and drivers at the ride-hailing company. ... [Read full article on Guardian ]
Friday 22nd of September 2017 10:21:06 AM
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....”. They decided to see Sunny Sabbini, a Silicon Valley-based family therapist. ... [Read full article on Guardian ]
Wednesday 20th of September 2017 06:00:39 AM
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.... Meanwhile progressives such as Warren warn of the monopolistic behaviour of Google, Amazon, and Apple while pushing for a renewed debate over antitrust laws. “Silicon Valley is going from being heroes to villains,” said Vivek Wadhwa, a distinguished fellow and adjunct professor at Carnegie Mellon University. ... [Read full article on Guardian ]
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....Even outside the notoriously dog-eat-dog world of the Square Mile, meanwhile, a study carried out for the last Labour government by the peer Baroness Altmann identified a tacit consensus in corporate life that men were no longer considered for career progression over 55, while women were deemed to have reached their professional sell-by date a decade earlier – although even that would be pushing it in the aggressively youthful culture pervading many of the BBC’s new tech industry rivals. In Silicon Valley, Purnell himself would be considered rather long in the tooth at 47. ... [Read full article on Guardian ]
Friday 22nd of September 2017 05:00:38 AM
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.... A one-year probationary period could be a good starting point. Uber’s London experience holds an important lesson for Silicon Valley startups that take pride in asking for forgiveness rather than permission. ... [Read full article on Guardian ]
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....The dual efforts will come against the backdrop of the company being branded a “disgrace” by the shadow chancellor, John McDonnell, while the Labour leader, Jeremy Corbyn, said Transport for London (TfL) had raised “serious concerns” about safety but suggested Uber would have an opportunity to “mend its ways”. TfL, the London mayor’s transport authority, announced on Friday that Uber had been stripped of its London licence in a surprise move that dealt a serious blow to one of Silicon Valley’s fastest rising companies. ... [Read full article on Guardian ]
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....TfL is adamant that the licence decision is not about Uber’s technology, despite past courtroom tussles over the app’s workings. Instead, the issues are Uber’s conduct and approach – noises that chime with global concerns right up to its Silicon Valley head office, where allegations of a culture of sexism and bullying led to co-founder Travis Kalanick stepping down as chief executive. ... [Read full article on Guardian ]
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Latest Finance News related to Silicon Valley

Uber faces double battle against London ban and scrutiny of hiring practices image
....The dual efforts will come against the backdrop of the company being branded a “disgrace” by the shadow chancellor, John McDonnell, while the Labour leader, Jeremy Corbyn, said Transport for London (TfL) had raised “serious concerns” about safety but suggested Uber would have an opportunity to “mend its ways”. TfL, the London mayor’s transport authority, announced on Friday that Uber had been stripped of its London licence in a surprise move that dealt a serious blow to one of Silicon Valley’s fastest rising companies. ...
London’s Uber ban is a message to a reckless tech ethos | Arun Sundararajan image
Source : Guardian [Read Article] Saturday 23rd of September 2017 11:05:29 PM
.... A one-year probationary period could be a good starting point. Uber’s London experience holds an important lesson for Silicon Valley startups that take pride in asking for forgiveness rather than permission. ...
Why Uber’s fate could herald backlash against ‘digital disruptors’ image
Source : Guardian [Read Article] Saturday 23rd of September 2017 11:05:29 PM
.... Meanwhile progressives such as Warren warn of the monopolistic behaviour of Google, Amazon, and Apple while pushing for a renewed debate over antitrust laws. “Silicon Valley is going from being heroes to villains,” said Vivek Wadhwa, a distinguished fellow and adjunct professor at Carnegie Mellon University. ...
Uber's rivals ready to fill the gap but cab giant puts up a fight image
Source : Guardian [Read Article] Friday 22nd of September 2017 05:10:10 PM
....TfL is adamant that the licence decision is not about Uber’s technology, despite past courtroom tussles over the app’s workings. Instead, the issues are Uber’s conduct and approach – noises that chime with global concerns right up to its Silicon Valley head office, where allegations of a culture of sexism and bullying led to co-founder Travis Kalanick stepping down as chief executive. ...
Uber stripped of London licence due to lack of corporate responsibility image
Source : Guardian [Read Article] Friday 22nd of September 2017 10:21:06 AM
. Uber has been stripped of its London licence in a surprise move that dealt a serious blow to one of Silicon Valley’s fastest rising companies and sparked an outcry from a coalition of customers, government ministers and drivers at the ride-hailing company. ...
Yes, older workers need new skills – but they need respect more | Gaby Hinsliff image
....Even outside the notoriously dog-eat-dog world of the Square Mile, meanwhile, a study carried out for the last Labour government by the peer Baroness Altmann identified a tacit consensus in corporate life that men were no longer considered for career progression over 55, while women were deemed to have reached their professional sell-by date a decade earlier – although even that would be pushing it in the aggressively youthful culture pervading many of the BBC’s new tech industry rivals. In Silicon Valley, Purnell himself would be considered rather long in the tooth at 47. ...
Businesses on the couch: the co-founders  in couples' therapy image
Source : Guardian [Read Article] Wednesday 20th of September 2017 06:00:39 AM
....”. They decided to see Sunny Sabbini, a Silicon Valley-based family therapist. ...
iPhone X: even an embarrassing launch glitch can't knock Apple off the top image
Source : Guardian [Read Article] Wednesday 13th of September 2017 06:40:15 AM
.... All of the phones can be charged wirelessly using a Qi standard charging pad. In addition to the iPhones, the Silicon Valley titan unveiled a new version of its smartwatch, Apple Watch Series 3, with cellular connectivity, which means you can take calls without having to pair it with a phone, enhanced fitness monitoring and coaching tools, and streaming service Apple Music. ...
Google appeals against EU's €2.4bn fine over search engine results image
Source : Guardian [Read Article] Monday 11th of September 2017 04:27:48 PM
....The Luxembourg-based general court, Europe’s second-highest, is expected to take several years before ruling on Google’s appeal, which had been widely expected. The Silicon Valley giant had responded to the fine at the time of its announcement by saying that it “respectfully” disagreed with the legal argument being pursued. ...
Apple puts brakes on self-driving car project, report says image
Source : Guardian [Read Article] Wednesday 23rd of August 2017 10:27:47 AM
....Apple is now planning on working with other car-makers to get its self-driving tech into the garages and driveways of customers, according to the paper. One upcoming example of that collaboration: an autonomous shuttle service that will ferry employees back and forth between the company’s Silicon Valley offices in Palo Alto and Cupertino. ...
Sexual harassment and the sharing economy: the dark side of working for strangers image
....”. In recent months, Silicon Valley has faced widespread backlash surrounding the sexual misconduct and discrimination that some say is rampant in the male-dominated tech industry. ...
Have you experienced harassment as a tech employee or worker in the gig economy? image
....Large numbers of tech workers are vulnerable to a wide range of abuses at work, including gig economy workers who lack rights and protections, support staff at corporate headquarters who struggle to make ends meet and content moderators who review violent material. In recent months, Silicon Valley has faced widespread backlash surrounding the sexual misconduct and discrimination that some say is rampant in the male-dominated tech industry. ...
Apple denounces neo-Nazis as Spotify bans ‘white power’ tracks image
Source : Guardian [Read Article] Thursday 17th of August 2017 11:16:34 AM
.... Facebook had also removed Cantwell’s accounts as part of its crackdown on neo-Nazism and hate speech. The wave of crackdowns against white supremacists and neo-Nazis reflects a rapidly changing mindset among Silicon Valley firms on how far they are willing to go to police hate speech. ...
Vanishing app: Snapchat struggles as Facebook bites back image
Source : Guardian [Read Article] Friday 11th of August 2017 05:40:23 PM
....On top of these woes, Snap has a money problem. Wall Street cares about revenues in a way that Silicon Valley doesn’t. ...
Snapchat takes another hit on Wall Street image
Source : Guardian [Read Article] Thursday 10th of August 2017 09:38:31 PM
....50 – less than half the $27 they were worth after the company went public. Snap Inc’s misfortunes are weighing heavily on Silicon Valley as more loss making tech companies, including Uber and Airbnb, consider stock market sales. ...
Tesla seeking to test driver-free electric trucks on public roads image
Source : Guardian [Read Article] Thursday 10th of August 2017 10:55:23 AM
.... Tesla has been a leader in developing self-driving technology for its luxury cars, including the lower-priced Model 3, which it is beginning to manufacture. Several Silicon Valley companies developing autonomous driving technology are working on long-haul trucks. ...
Mazda boosts petrol engine efficiency in fresh blow to diesel image
Source : Guardian [Read Article] Tuesday 8th of August 2017 06:06:32 PM
.... In the UK, the government has announced it would ban the sales of new petrol and diesel cars from 2040 amid fears that rising levels of nitrogen oxide pose a major risk to public health, putting an end date on the life expectancy of traditional combustion-engine powered vehicles. Volvo recently announced all its new cars would be built with electric or hybrid engines from 2019, while Silicon Valley-based electric car company Tesla recently started delivering its more mass-market aimed car, the $35,000 Model 3, which can travel up to 310 miles between charges with an extended range battery. ...
Why is Google spending record sums on lobbying Washington? image
Source : Guardian [Read Article] Sunday 30th of July 2017 11:00:18 AM
. Figures released last week show that Google spent a record amount of almost $6m lobbying in Washington DC in the past three months, putting the Silicon Valley behemoth on track to be the top corporate lobbying spender in the US. ...
'No more brilliant jerks' – Arianna Huffington ushers in the new Uber image
....Huffington has, arguably, been pulling the strings at Uber for months and there has been intrigue around whether she might herself fill the role. Uber has said it wants the new leader in place by early September, and while Huffington insists she won’t be Kalanick’s successor, the shortlist of potential contenders is narrowing as the former eBay and Hewlett-Packard CEO Meg Whitman, the rumored frontrunner, took herself out of the Silicon Valley competition late Thursday. ...
Can Bozoma Saint John repair Uber's troubled image? image
Source : Guardian [Read Article] Friday 28th of July 2017 12:00:21 PM
....”. Saint John’s appointment at Uber makes her something of a unicorn in Silicon Valley: she’s one of a handful of black female C-level executives in tech, which in itself sends a message that Uber wants to shift away from its reputation as a misogynistic frat house. ...
Mark Zuckerberg’s got some cheek, advocating a universal basic income | Sonia Sodha image
.... And there’s a clue Zuckerberg sees a basic income as a replacement for, not in addition to, public services, “It comes from conservative principles of smaller government, rather than progressive principles of a larger safety net,” he writes. Zuckerberg is not the first Silicon Valley CEO to talk up universal basic income: it’s an idea fast gaining traction in that corner of California. ...
Facebook village? Social media giant to build 'social housing' image
Source : Guardian [Read Article] Sunday 9th of July 2017 06:56:57 PM
. Facebook is to build its own “village” of 1,500 homes for workers struggling to pay soaring rents as the housing crisis in Silicon Valley deepens. ...
Sexual harassment in Silicon Valley: have we reached a tipping point? image
.... Nadav ran away and that weekend made the decision to close down her startup and take a year off to “try to get physically and mentally back into shape”. Nadav, now the CEO of Civilize, is one of numerous female entrepreneurs to come forward to talk about their experiences of sexual harassment in Silicon Valley. ...
‘Gig workers’ already have rights – all we have to do is enforce them | Jason Moyer-Lee image
.... However, the fundamental problem of employment rights in the “gig economy” is the lack of enforcement of existing law. Technological ingenuity, Silicon Valley marketing spin and smooth-talking managers proclaiming the exceptionalism of their (non) employment models aside, one of the obvious solutions is rather less sexy: the government needs to enforce the law. ...
Uber's scandals, blunders and PR disasters: the full list image
Source : Guardian [Read Article] Tuesday 27th of June 2017 11:14:33 PM
....Former Uber engineer Susan Fowler went public with allegations of sexual harassment and discrimination, prompting the company to hire former US attorney general Eric Holder to investigate her claims. The story sparked widespread debate about sexism and misconduct across Silicon Valley startups. ...
The Guardian view on the EU’s Google judgment: firm and fair | Editorial image
.... It shows that there is at least one polity that is prepared to stand up to the giant tech companies and try to bring them under the rule of the law. The individual countries of Europe are not large enough: Denmark, which has just announced the rather gimmicky appointment of an “ambassador to Silicon Valley”, has a GDP only about two-thirds the size of Facebook’s business. ...
Google fine: EU is not waging underhand trade war against ​​US tech firms | Nils Pratley image
....93bn fine last year for colluding on prices. The fact that most of the technology titans are American is just tribute to the fact that Silicon Valley has been extremely successful in producing companies that grow to dominate their markets. ...
Google fined record €2.4bn by EU over search engine results image
Source : Guardian [Read Article] Tuesday 27th of June 2017 09:32:10 AM
....By artificially and illegally promoting its own price comparison service in searches, Google denied both its consumers real choice and rival firms the ability to compete on a level playing field, European regulators said. The Silicon Valley giant has 90 days to stop its illegal activities and explain how it will reform its ways or face fines of up to €10. ...
Uber and the ‘brogrammers’ feel the consequences of changing the world image
....So Travis Kalanick finally took a one-way cab. The ejection of the founder of Uber as its chief executive last week was that rarest of Silicon Valley events: shareholders taking action to repair a tech company’s culture by removing an executive. ...
Europe is the shared story our papers tell. It’s what made me who I am image
.... Murdoch is an American citizen who fills his Dow Jones with Brits and Australians. And, of course, the great media companies of Silicon Valley now overshadow every scene. ...
Google and Facebook 'will lose millions in ads over extremism fears' image
Source : Guardian [Read Article] Thursday 22nd of June 2017 06:14:48 AM
....Advertisers will pull hundreds of millions of pounds in spending from Google and Facebook this year over concerns about ads running next to inappropriate content such as extremist sites and fake news. Sir Martin Sorrell’s GroupM, which buys more than $75bn (£60bn) of advertising space on behalf of clients globally, has slashed its growth prediction for UK digital advertising and has blamed some of the adjustment on an advertiser backlash over the inability of Silicon Valley giants to stop ads appearing around inappropriate content. ...
The Guardian view on Uber after Kalanick: only window dressing? | Editorial image
....The resignation of Uber’s chief executive Travis Kalanick is a victory for everyone who cares about the way businesses are run, about the duty of corporations to obey the law and of employers to respect and treat fairly their employees. It is a win against the Silicon Valley cult of the genius-founder. ...
Uber CEO Travis Kalanick should have gone years ago | Nils Pratley image
Source : Guardian [Read Article] Wednesday 21st of June 2017 10:01:21 AM
....There is a wider moral to the Uber tale. Kalanick was only able to survive as chief executive for so long because Silicon Valley venture capitalists swallowed the idea that founders are business visionaries who must be allowed to operate by their own rules. ...
How privatization could spell the end of democracy image
Source : Guardian [Read Article] Wednesday 21st of June 2017 08:00:25 AM
.... The premise of Trump’s campaign was that America didn’t need a president – it needed a CEO. Nowhere is the neoliberal faith embodied by Trump more deeply felt than in Silicon Valley. ...
Life and death in Apple’s forbidden city image
Source : Guardian [Read Article] Sunday 18th of June 2017 08:30:02 AM
....It’s printed on the back of every iPhone: “Designed by Apple in California Assembled in China”. US law dictates that products manufactured in China must be labelled as such and Apple’s inclusion of the phrase renders the statement uniquely illustrative of one of the planet’s starkest economic divides – the cutting edge is conceived and designed in Silicon Valley, but it is assembled by hand in China. ...
Google 'faces €1bn-plus fine' from EU over market dominance image
Source : Guardian [Read Article] Friday 16th of June 2017 10:14:33 AM
.... If it fails to agree a deal with the commission in that period, the company could be fined up to 5% of average daily turnover for each day of delay. Since 2000, European regulators have investigated Microsoft, Intel, Apple, Google, Facebook and Amazon, raising claims that Brussels is waging war against Silicon Valley. ...
Apple chief: driverless car venture is ‘the mother of all AI projects’ image
....Apple has shed new light on its top-secret driverless car project, as chief executive Tim Cook described the challenge of building autonomous vehicles as “the mother of all” artificial intelligence projects. Cook said Apple was ploughing resources into developing technology to control driverless vehicles, although he refused to rule out the Silicon Valley firm building its own car at some point. ...
Alphabet sells off 'BigDog' robot maker Boston Dynamics to Softbank image
.... Within a year of the acquisition, however, Rubin had quit Google to start smartphone company Essential, leading Replicant leaderless and rudderless and Boston Dynamics with little pressure to integrate with its new corporate parent. It continued to operate from its headquarters just outside Boston, Massachusetts, far from Google’s home in Silicon Valley. ...
Could growth hacking be the low-cost key to business success? image
Source : Guardian [Read Article] Thursday 8th of June 2017 06:00:19 AM
....Put simply, growth hacking uses innovative strategies to attract the maximum number of customers, while spending as little as possible. The concept was coined by Silicon Valley entrepreneur Sean Ellis in 2010. ...
London attack: Tech firms fight back in extremism row image
Source : BBC [Read Article] Sunday 4th of June 2017 03:05:46 PM
....End-to-end encryption renders messages unreadable if they are intercepted, for example by criminals or law enforcement. Silicon Valley is both on the offensive and defensive. ...
Canada calling: tech industry lures workers north in wake of Trump image
Source : Guardian [Read Article] Sunday 4th of June 2017 10:00:21 AM
....These actions have rattled the tech sector, said Tippett. “If you consider the fact that 43% of Silicon Valley founders are not US-born, you start to realise just how big a deal this could be. ...
Mail makes gains (but not profits) in the battle to break America image
Source : Guardian [Read Article] Sunday 4th of June 2017 06:00:16 AM
....It’s a solid point. Silicon Valley doesn’t make the news weather. ...
NatWest CLEARSPEND APP gives growing firms instant spending and budget insights image
.... . Alison Rose, chief executive of NatWest's commercial and private banking division, drove the innovation in partnership with Silicon Valley start-up SpendLabs. ...
Ford faces lots of bumps in the road to a world of driverless cars image
Source : Guardian [Read Article] Sunday 28th of May 2017 06:00:02 AM
.... But perception can count for a lot with investors: Ford’s stock market valuation has dipped and – despite their huge disparity in global sales – the car giant has recently suffered the indignity of being overtaken by upstart Tesla in terms of stock-market value. Hackett, regarded as a “futurist”, is the kind of leader that the current Ford chairman – four generations down the line from the original Henry – sees as vital to the next step, bridging the gap between Silicon Valley and Detroit at a time when the experiments of the tech giants are threatening their future. ...
Mapping a new frontier image
Source : BBC [Read Article] Thursday 25th of May 2017 11:09:51 PM
.... . He reels off the familiar, but still staggering, numbers: the barely teenage Silicon Valley firm stores some 300 petabytes of data, boasts almost two billion users, and raked in almost $28bn (£22bn) in revenues in 2016 alone. ...
Apple's Jonathan Ive says immigration vital for UK firms image
Source : BBC [Read Article] Thursday 25th of May 2017 09:43:14 AM
....The UK must keep its doors open to top talent from around the world if its technology firms are to thrive, Apple's chief designer has told the BBC. Sir Jonathan Ive, who has just been appointed Chancellor of the Royal College of Art, also said that technology hubs like Silicon Valley had a "tremendous cultural diversity". ...
Ford names Jim Hackett as new CEO in push to build self-driving cars image
....The 62-year-old does not bring a wealth of technological expertise to the role, having previously spent 30 years with office furniture company Steelcase, followed by a spell as interim athletic director at the University of Michigan. But he has been credited with a free-thinking approach in both positions and was described by Ford Jr as a “futurist” who was well connected in Silicon Valley. ...
Affordable art image
Source : BBC [Read Article] Tuesday 16th of May 2017 11:00:59 PM
.... . Originally a Silicon Valley software engineer, Mr Almgren subsequently spent a decade working in high-end galleries in New York, where a painting under $10,000 was considered affordable. ...
Fake news or not, the future belongs to Facebook image
Source : Guardian [Read Article] Sunday 14th of May 2017 06:00:08 AM
.... Some countries – say Germany – have threatened chunky fines if Facebook doesn’t take down offensive posts within 24 hours. America has been trapped between bullying diatribes (mostly aimed at old media hands using new delivery methods) and boasting about how its mastery of Silicon Valley’s finest puts Trumptown ahead of the pack. ...
Improbable sums? Cambridge graduates' tech firm raises $500m image
Source : Guardian [Read Article] Friday 12th of May 2017 08:24:58 AM
.... It recently opened offices in San Francisco. Narula is keen to distance the firm from the stereotypical US tech startup, as satirised in the TV show Silicon Valley, saying the founders seek to cultivate a distinctive British culture. ...
Proptech: the businesses transforming the housing market image
Source : Guardian [Read Article] Monday 8th of May 2017 06:00:55 AM
.... Property tech venture capital platform PiLabs launched in 2014 and has already spent £113m backing 47 founders in the sector; London startup Nested, which guarantees a valuation price for sellers and promises to close a sale in 90 days, has recently raised £8m; and rental startup Goodlord has landed £7. 2m from a Silicon Valley fund for its platform that promises to simplify tenancy administration, deposits and fees. ...
Google and Facebook bring in one-fifth of global ad revenue image
Source : Guardian [Read Article] Monday 1st of May 2017 11:01:11 PM
....Most of the media owners in the ranking – 20 out of 30 – are based in the US. The US dominates for several reasons: it has the biggest ad market, US companies have invested the most in extending their reach abroad and Silicon Valley innovation has powered the growth of internet advertising. ...
The Guardian view on Apple-Uber affair: reasons to tame Silicon Valley | Editorial image
.... The “sharing economy” encourages the insecure and exploited to exploit others equally insecure to the profit of a tiny clique of billionaires. Silicon Valley’s culture seems hostile to humane and democratic values. ...
Twitter revenues decline for first time as advertising falls away image
Source : Guardian [Read Article] Wednesday 26th of April 2017 01:48:14 PM
....Twitter’s revenue has fallen for the first time, as advertisers have pulled back from the social media service favoured by Donald Trump, celebrities and journalists. However, the Silicon Valley company, which has never turned a profit, cheered investors by announcing a significant rise in the number of monthly users, to 328 million. ...
Juicero: Juicing boss defends $400 machine image
Source : BBC [Read Article] Friday 21st of April 2017 07:26:05 AM
....Another, Tapiwa Muranda, asked: "Malnutrition and obesity are diseases that disproportionately impact the poor and you solve this by selling a $400 (formerly $699) juice press with $5-8 produce packs?". Meanwhile, Tom Goodwin wrote: "This is everything wrong about Silicon Valley in one note. ...
Baidu to share self-drive car technology image
Source : BBC [Read Article] Wednesday 19th of April 2017 05:25:16 AM
....And in the race for driverless car technology, Chinese companies are taking big strides. Along with Changan and Geely, Baidu is one of the big players, with AI research being done in both China and Silicon Valley. ...
Hell of a ride: even a PR powerhouse couldn't get Uber on track image
Source : Guardian [Read Article] Friday 14th of April 2017 07:00:27 AM
. When Rachel Whetstone left Google two years ago to replace David Plouffe, a former Barack Obama official, as policy and communications vice-president at Uber, it seemed like a promising Silicon Valley role. ...
UK technology firms turn to Silicon Valley to ward off Brexit blues image
Source : Guardian [Read Article] Thursday 13th of April 2017 06:00:19 AM
. Theresa May’s article 50 letter might have dominated the front pages in Britain but it was met with a shrug in San Francisco, where 30 tech leaders from the north of England recently embarked on a four-day mission to woo, impress and tempt cash from Silicon Valley’s top dealmakers. ...
How Uber conquers a city in seven steps image
Source : Guardian [Read Article] Wednesday 12th of April 2017 03:19:57 PM
....The legacy taxi industry takes a big financial hit when Uber strolls into town, and so drivers often resort to demonstrations, roadblocks and, in extreme cases, violent protests (as happened in France, Indonesia and Mexico, where Uber drivers were attacked). Taxi companies complain that they are forced to comply with local regulations, while Uber uses hotshot Silicon Valley attorneys to wriggle free. ...
The new age of Ayn Rand: how she won over Trump and Silicon Valley image
Source : Guardian [Read Article] Monday 10th of April 2017 05:49:09 PM
....Which brings us to the new wave of Randians, outside both politics and conventional conservatism. They are the princes of Silicon Valley, the masters of the start-up, a cadre of young Roarks and Galts, driven by their own genius to remake the world and damn the consequences. ...
Technology is a marvel – now let’s make it moral | Martha Lane Fox image
.... There is no society more fit to lead the world in ethical technology, and so the role is ours for the taking. Let’s be honest: we are never going to be Silicon Valley. ...
Why Silicon Valley wants to thwart the grim reaper | John Naughton image
Source : Guardian [Read Article] Sunday 9th of April 2017 06:00:00 AM
....‘In this world,” wrote Benjamin Franklin, “nothing can be said to be certain, except death and taxes. ” This proposition doesn’t cut much ice in Silicon Valley, where they take a poor view of paying taxes. ...
My week as an Uber courier: my bike got stolen, but I kept my five-star rating image
....As 8% of Americans and 14% of Britons have turned to the so-called “gig economy” to make ends meet, doing tasks such as driving for Uber or Lyft, cleaning apartments for Handy or doing odd jobs via TaskRabbit, I have joined them as an UberEats and UberRush cycle courier. The delivery services, which are used by restaurants to deliver lunch and dinner to office workers as well as to deliver packages for people like Nicholas, are some of the newest tentacles of the fast-growing Uber empire that has seen the seven-year-old Silicon Valley company’s valuation soar to $68. ...
Google's bad week: YouTube loses millions as advertising row reaches US image
Source : Guardian [Read Article] Saturday 25th of March 2017 10:00:06 AM
....This squabble is indicative of growing tensions between the advertising industry and technology companies such as Google and Facebook, which have become indispensable partners and, in some cases, competitors. Silicon Valley technology companies completely dominate the online advertising market. ...
London-Paris electric flight 'in decade' image
Source : BBC [Read Article] Wednesday 22nd of March 2017 08:06:00 AM
....Wright Electric's competitors include aviation giant Airbus, which has been developing its electric two-seater plane E-Fan since 2014, and has stated plans to create its own short-haul electric aeroplane seating 70 to 90 passengers. Wright Electric is backed by Y Combinator, Silicon Valley's most highly-regarded start-up incubator programme. ...
Has the tech bubble peaked? Signs that the startup boom may be fizzling image
....Today, rents are still expensive, but the market has plateaued after years of painful increases. It’s part of a broader trend in the Bay Area: Silicon Valley’s technology bubble has had some of its wind knocked out – not bursting, but fizzling – with VCs making fewer investments, startup valuations falling, and recruitment slowing. ...
Robots delivering pizza and house viewing by VR: is 5G really the future? image
.... He points out that Just Eat has partnered with Starship Technologies, started by two of Skype’s co-founders, which already has “six-wheeled robots that navigate using cameras and ultrasonic sensors” that travel at 4mph and hold 10kg of cargo. “Starship already has dozens of droids delivering packages, groceries and takeaway food to customers in several European cities, Washington DC and parts of Silicon Valley,” he says. ...
Uber's 'hustle-oriented' culture becomes a black mark on employees' résumés image
....”. Jonathan Bernstein, the president of Bernstein Crisis Management, said that Uber needs a total “paradigm shift” soon or they will end up on the wrong side of Silicon Valley’s own Hobbesian jungle. ...
From sweaters to suits: the evolution of Silicon Valley CEO style image
Source : Guardian [Read Article] Sunday 5th of March 2017 02:00:02 PM
.... He and co-founder Bobby Murphy rang the bell in sharp suits, the kind ushers might wear at a wedding. Dressing up for your IPO makes a change from the Mark Zuckerberg-approved scruffiness – a sartorial humblebrag for billionaires – that has dominated Silicon Valley. ...
How US school turned $15,000 into $24m with Snapchat flotation image
Source : Guardian [Read Article] Friday 3rd of March 2017 05:36:45 PM
. The parents of pupils at a Silicon Valley school were sent an unusual letter this week – telling them the school had made at least $24m (£19. ...
The smaller the better? image
Source : BBC [Read Article] Friday 3rd of March 2017 12:08:53 AM
...."The future belongs to the fast," is how Meg Whitman explains her radical decision as chief executive to split up technology giant Hewlett-Packard. The firm, which famously started life in a Palo Alto garage in California in 1939 and which is credited with founding Silicon Valley - the beating heart of the hi-tech world - has now declared a new era: that of the nimble start-up. ...
The Guardian view of Snap IPO: a shareholding monarchy | Editorial image
Source : Guardian [Read Article] Thursday 2nd of March 2017 07:35:19 PM
....It is a paradox that a country that sought freedom from a king, the United States, is today happy to crown monarchs in commerce. Snap, which calls itself a camera company but is in fact a Silicon Valley firm behind a mobile messaging app, floated on the US stock exchange making billionaires of its two under-30 founders. ...
Snapchat goes public at $29bn and makes co-founders tech billionaires image
Source : Guardian [Read Article] Thursday 2nd of March 2017 04:27:48 PM
....Spiegel, Snap’s power center, is a Stanford dropout who is described as more of a product designer than tech nerd. He dates the Australian Victoria’s Secret model Miranda Kerr, dresses casually and lives primarily in Los Angeles, not Silicon Valley. ...

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