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....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. ... [Read full article on Guardian ]
Tuesday 27th of June 2017 09:32:10 AM
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....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. ... [Read full article on Guardian ]
Tuesday 27th of June 2017 11:14:33 PM
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. 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. ... [Read full article on Guardian ]
Sunday 9th of July 2017 06:56:57 PM
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....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. ... [Read full article on Guardian ]
Thursday 22nd of June 2017 06:14:48 AM
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.... 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. ... [Read full article on Guardian ]
Wednesday 21st of June 2017 08:00:25 AM
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.... 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. ... [Read full article on Guardian ]
Monday 10th of July 2017 09:00:01 AM
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....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. ... [Read full article on Guardian ]
Sunday 25th of June 2017 06:00:22 AM
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.... 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. ... [Read full article on Guardian ]
Sunday 9th of July 2017 10:00:21 AM
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....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. ... [Read full article on Guardian ]
Tuesday 27th of June 2017 05:14:28 PM
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.... 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. ... [Read full article on Guardian ]
Tuesday 27th of June 2017 06:42:08 PM
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.... 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. ... [Read full article on Guardian ]
Sunday 25th of June 2017 06:00:21 AM
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....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. ... [Read full article on Guardian ]
Wednesday 21st of June 2017 10:01:21 AM
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....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. ... [Read full article on Guardian ]
Wednesday 21st of June 2017 05:47:55 PM
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.... 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. ... [Read full article on Guardian ]
Wednesday 5th of July 2017 01:39:32 PM
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Latest Finance News related to Silicon Valley

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. ...
'You weren’t scared?': Nissan takes us for a ride in the Leaf driverless car image
....”. Nissan conducted on-road trials in Japan and Silicon Valley in late 2015 and 2016, but these were its first such tests in Europe. ...
Dear Travis... image
Source : BBC [Read Article] Wednesday 1st of March 2017 06:02:53 PM
.... . She's advised executives both in Silicon Valley and around he world. ...
Smart vision image
Source : BBC [Read Article] Sunday 26th of February 2017 12:57:32 AM
.... . Three years ago, Marx heard that Tesla, the Silicon Valley tech company, was developing self-driving vehicles. ...
Snapchat IPO: Evan Spiegel tries to sell investors on his top product – himself image
.... After a nasty legal tussle, Brown was paid $158m to walk away. In 2012, Zuckerberg started making a play for Snapchat, suggesting the Los Angeles-based Spiegel come visit Facebook at its sprawling Silicon Valley headquarters. ...
Don’t be a dinosaur image
Source : BBC [Read Article] Friday 24th of February 2017 12:37:05 AM
...."No matter what business you're in, you will be left behind, even if you bake pizzas the guy next-door who has a nice mobile app to make pizza distributed faster will win against you," he says. Mr Thrun argues traditional firms should look at their Silicon Valley start-ups to learn how to behave. ...
Deportation orders threaten Trump's own turf: the real estate market image
Source : Guardian [Read Article] Thursday 23rd of February 2017 12:00:02 PM
.... “If you pull out a chunk from the bottom, the pyramid starts to collapse. The loss of the immigrants coming in at the bottom end doesn’t directly affect prices in Beverly Hills or Silicon Valley but it will undermine the whole structure of pricing in a way that hasn’t been tested before. ...
Uber hires Eric Holder to investigate sexual harassment allegations image
Source : Guardian [Read Article] Tuesday 21st of February 2017 03:06:50 AM
....In a staff email shared with the Guardian on Monday, Uber’s CEO, Travis Kalanick, said Holder would conduct an “independent review” and also revealed that women made up only 15% of the company’s workforce in engineering, product management and scientist roles. The hiring of Holder, who was attorney general under Barack Obama, comes as the description of harassment from Susan Fowler, a former site reliability engineer, has gone viral, prompting women across Silicon Valley to share stories of facing misconduct and discrimination in the male-dominated tech industry. ...
Uber launches 'urgent investigation' into sexual harassment claims image
Source : Guardian [Read Article] Monday 20th of February 2017 01:36:50 AM
....When Fowler left, she said that out of over 150 people on the site reliability engineer teams, only 3% were women. While Silicon Valley technology companies have long struggled with a lack of racial and gender diversity, Uber is one of the few holdouts that has refused to reveal data on its workforce. ...
Calling the latest Greek deal a sticking plaster does disrespect to the Elastoplast image
....Dorsey’s rescue plan is to focus on live video, drop less lucrative initiatives and use artificial intelligence to better analyse users’ behaviour. That makes 2017 a pivotal year for Twitter, and yet more major losses will probably send more investors scurrying for the hills above Silicon Valley. ...
Is Snapchat the new Facebook? image
Source : Guardian [Read Article] Friday 3rd of February 2017 07:13:50 PM
.... Those ads can be targeted as narrowly or broadly as the advertiser desires, and can be billed in a variety of ways, from paying a flat fee for every thousand views to payments per click, per like and more. Facebook’s huge headquarters in Silicon Valley’s Menlo Park has a “green roof” the size of seven American football pitches. ...
Uber CEO steps down from Trump advisory council after users boycott image
Source : Guardian [Read Article] Friday 3rd of February 2017 07:25:33 AM
....News of the resignation was first reported by the New York Times. Trump’s executive order has faced widespread backlash in Silicon Valley, where many top executives and company founders are immigrants and where companies rely heavily on highly skilled workers from abroad. ...
Brad Stone: ‘We should watch Uber and Airbnb closely’ image
Source : Guardian [Read Article] Sunday 29th of January 2017 08:00:18 AM
.... My own squishy answer, of course, is that they are a little bit of both. You’ve written about Silicon Valley for more than 20 years… have we reached peak Valley yet?In terms of the business impact, I don’t think so. ...
Uber: the app that changed how the world hails a taxi image
Source : Guardian [Read Article] Sunday 29th of January 2017 07:00:17 AM
.... Over the next 12 months, the number of users on StumbleUpon grew from 500,000 to 2 million. With the trauma of the first dot-com bust fading and the scent of opportunity again wafting across Silicon Valley, offers for StumbleUpon started pouring in. ...
The new robot revolution will take the boss's job, not the gardener's image
Source : Guardian [Read Article] Sunday 22nd of January 2017 01:38:08 PM
....In Davos last week, one of Trump’s advisers, Anthony Scaramucci, made the point that Henry Ford was a ruthless, rich capitalist but he understood that there was no point in churning out cars that his workforce could not afford to buy. There was, however, not much evidence that the bankers, the oil company executives and the Silicon Valley tech entrepreneurs were listening. ...
Why the secret to productivity isn’t longer hours image
Source : Guardian [Read Article] Sunday 22nd of January 2017 08:00:01 AM
. Alex Soojung-Kim Pang is a consultant in Silicon Valley and a visiting scholar at Stanford University. ...
Robotics, Trump and Brexit turn up the heat amid the snow of Davos image
Source : Guardian [Read Article] Saturday 14th of January 2017 03:59:30 PM
....“Machines, the argument goes, can take the jobs, but should not take the incomes: the job uncertainty that engulfs large swaths of society should be matched by a welfare policy that protects the masses, not only ‘the poor’,” said World Bank senior economist Ugo Gentilini. “Hence, basic income grants emerge as a straightforward option for the digital era – one seemingly backed by Silicon Valley and trade unions alike. ...
Army of staff descends on Davos to serve WEF super-rich image
Source : Guardian [Read Article] Friday 13th of January 2017 04:43:08 PM
....Kleber declined to provide any details of what parties the hotel will be hosting this year, or how much the hotel charges for hosting events. Last year, a Silicon Valley tech company was reportedly charged £6,000 for a short meeting with the president of Estonia in a converted luggage room. ...
Jetpack to work image
Source : BBC [Read Article] Wednesday 11th of January 2017 12:11:26 AM
....Cities are at a crossroads when it comes to easing congestion - should they invest in expensive, hi-tech infrastructure schemes, such as China's straddling bus, or sit back and wait for the era of driverless cars to solve the problem?. No future transport system has captured the imagination or the headlines as much as the Hyperloop, conceived by Silicon Valley maverick Elon Musk as a super-fast transportation system consisting of low pressure tubes inside capsules. ...
Tech's bad bromance image
Source : BBC [Read Article] Monday 9th of January 2017 12:18:10 AM
. Silicon Valley is so male-dominated that there's a name for the young, brash men who populate the region's many start-ups and high-tech firms: "brogrammers". ...
Battling the 'brogrammers' image
Source : BBC [Read Article] Monday 9th of January 2017 12:17:54 AM
. Silicon Valley is so male-dominated that there's a name for the young, brash men who populate the region's many start-ups and high-tech firms: "brogrammers". ...
Apple is not the only tech company kowtowing to China’s censors | Melissa Chan image
....As much as I have spoken up against Chinese censorship, and as often as I berate Mark Zuckerberg’s blatant kowtowing in order to get Facebook back into China, I actually think we should hold some of our fire, or at least stop short of singling Apple out as the worst offender. I say this as someone who has also covered Silicon Valley as a Bay Area-based correspondent. ...
Changing direction image
Source : BBC [Read Article] Thursday 29th of December 2016 11:32:46 PM
....Forbes magazine reported CES as "a high water mark in terms of the scale and significance of car technology unveiled". Twelve months later and 2016 has ended with major developments from Silicon Valley titans Apple and Google-owner Alphabet. ...

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