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The Latest Breaking News from Silicon Valley

Musk’s Twitter bid leans on financier linked to Russian tycoon

Elon Musk’s bid for Twitter Inc., which has been upended by the billionaire’s threat to walk away, attracted a bevy of big-name backers and Silicon Valley mainstays. There were some notable exceptions.

Tribune News Service

Key Facebook Force Sheryl Sandberg Steps Down

Meta's second most powerful executive Sheryl Sandberg made the shock announcement Wednesday she will leave after a 14-year tenure that included helping steer scandal-prone Facebook to advertising dominance. Sandberg, 52, has been one of the most influential women in Silicon Valley and her departure comes as the social media juggernaut…

Asharq Al-Awsat

Sandberg Meta Exit Drops Silicon Valley Women's C-Suite Numbers

The exit of Sheryl Sandberg as COO of Meta Platforms will shrink the already small number of women in tech company C-Suite positions.

The Street

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Silicon Valley speech suppression goes to the Supreme Court

Episode 409 of the Cyberlaw Podcast

Reason

Commentary: California’s economy may seem healthy. But just wait for the next recession

The California economy may seem healthy on the surface, with home prices soaring, Silicon Valley booming and the state government posting big multi-year state budget surpluses thanks to a massive surge in capital gains tax revenues and income tax revenues from tech stocks.

Los Angeles Times

Agnieszka Pilat: 'I Didn't Realize People Still Think Socialism Is a Good Idea.'

The Polish-born artist is creating "heroic portraits" of machines and defending individualism and creative expression in Silicon Valley.

Reason

A slice of Silicon Valley – inside the RCA’s colossal new £135m building

The Royal College of Art’s brutalist new building – by architects Herzog & de Meuron – reflects a shift from art school to science-tech powerhouse. But is a business-facing behemoth what its students really need?

The Guardian - UK

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From Fife to NYC, Silicon Valley and Tiree

Our latest Big Profile focuses on tech entrepreneur and deal-maker Calum Smeaton

Insider UK

Vietnam PM Met Apple CEO Tim Cook During Recent US Visit To Discuss Manufacturing

During his recent visit to the United States, Vietnamese Prime Minister Pham Minh Chinh made a visit to Silicon Valley tech giants including Apple Inc (NASDAQ: AAPL) to discuss business, according to

Benzinga

Deal extension for Silicon Valley firm backed by Manchester United player that is helping Liverpool attempt historic quadruple

Zone7 counts a Manchester United player as one of its investors

Birmingham Post

Scottish start-ups invade Silicon Valley

An exclusive diary of the mission to explore California's technology innovation centre

Insider UK

Artist Agnieszka Pilat: 'I Didn't Realize People Still Think Socialism Is a Good Idea.'

Born in communist Poland and disgusted by Silicon Valley communists, Pilat is making "heroic portraits of machines" and defending Ayn Rand.

Reason

Channel 4 strikes deal to air 1,000 hours of hit shows for free on YouTube

Exclusive: agreement allows broadcaster to sell ads around programmes in potential new era of deals with Silicon Valley

The Guardian - UK

Sadiq Khan to meet tech giants on trade mission to Silicon Valley

The Mayor of London is to meet representatives from the likes of Google and LinkedIn during a US tour to boost tourism and tech in the UK capital.

The Independent UK

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Evening Standard

Sadiq Khan pitches for tech investors in Silicon Valley

Sadiq Khan on Tuesday switched from banging the drum to pitching for London as he headed to Silicon Valley and prepared to open a baseball match.

The Hindu

Silicon Valley firm chooses Hyderabad to set up engineering, business innovation hub

1,000 engineering talent to be hired for the Grid Dynamics India facility by 2022

Asharq Al-Awsat

Musk’s $44-Bln Twitter Deal at Risk of Being Repriced Lower - Hindenburg

Short-seller Hindenburg Research warned on Monday that Elon Musk's $44-billion offer to take Twitter Inc private could get repriced lower if the Silicon Valley billionaire walked away from the deal. "Musk holds all the cards here," Hindenburg, which has a short position on Twitter, said in a report. "If Elon…

The Street

Big Tech's Multi-Billion Rout as Fears of Silicon Valley Recession Grow

Apple, Microsoft, Alphabet, Amazon, Tesla, Meta and Nvidia, which are among the Top 10 big companies by market capitalization, had a bad day.

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Tribune News Service

Doerrs give $1.1 billion to Stanford for new climate school; largest gift in Stanford history

SAN JOSE, Calif. — In the largest gift ever to Stanford University, Silicon Valley venture capitalist John Doerr and his wife, Ann, have agreed to donate $1.1 billion to set up a new school on the campus devoted to the study of climate change and its solutions.

Tribune News Service

Doerrs give $1.1 billion to Stanford for new climate school

SAN JOSE, Calif. — Silicon Valley venture capitalist John Doerr, an early investor in Google, Amazon and other leading tech companies, and his wife, Ann, have agreed to donate $1.1 billion to Stanford University to set up a new school devoted to the study of climate change and its solutions.

The Independent UK

‘The PR speak is not landing’: Twitter employees blast Elon Musk takeover at emergency meeting

Disquiet has swelled inside the Silicon Valley firm since Elon Musk reached a deal to buy the company

Tribune News Service

A new benefit is born to help companies find and keep workers

When Facebook Inc. and Apple Inc. began offering egg-freezing benefits to employees in 2014, the move was seen as typical Silicon Valley. The creative if unconventional perk helped attract and keep younger tech talent, but it was out of reach to all but a tiny slice of the U.S. workforce.

The Guardian - UK

Carolyn Chen: ‘The tech company offers the most efficient solution to providing a meaningful life’

A new book exposes Silicon Valley’s use of spiritual concepts and practices to optimise their workers’ productivity

Foreign Affairs

The Chinese Way of Innovation

What Washington Can Learn From Beijing About Investing in Tech

Tribune News Service

Silicon Valley’s COVID windfall raises alarms about region’s economy

An unprecedented flow of riches is concentrating wealth among Silicon Valley companies that capitalized on the world’s locked-down lives amid the pandemic, raising fears that a dramatically lopsided recovery will warp the economic future for the Bay Area.

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