Silicon Valley - Page 28

Palantir Technologies co-founder Peter Thiel is evidently paying the price for backing Republican nominee Donald Trump, as the Obama administration has slapped his company with a frivolous lawsuit alleging “racial discrimination” against Asians.

The tech industry in Silicon Valley has disrupted the restaurant industry, thanks to high rent and higher minimum wages.

TechCrunch is reporting that Unilever is negotiating to buy Jessica Alba’s e-commerce start-up The Honest Company as another online offering, like the Dollar Shave Club.

Palo Alto mayor Patrick Burt says: “Palo Alto’s greatest problem right now is the Bay Area’s massive job growth.” And he wants to “meter” businesses to control “reckless job growth” in the Silicon Valley suburb.

Hillary Clinton has vacuumed up huge amounts of cash from Silicon Valley, but she is not spending money or time with the creative people of the “Valley of the Democrats.”

The Oracle Corporation is using its deep financial resources to fund the “Google Transparency Project,” which has set up headquarters in Washington, D.C. with a mission to “out” Google’s dicey lobbying practices and expose crony relationships with President Obama and Democratic presidential nominee Hillary Clinton.

Cisco Systems, Inc. announced August 17 that it will slash 5,500 jobs. The cuts are consistent with Silicon Valley tech terminations running almost double the pace of 2015.

Thanks to Hillary Clinton directing the Democratic National Committee (DNC) to terminate its 2008 ban on presidential nominees taking donations from federal lobbyists and political action committees (PACs), the Clinton campaign has raised $31 million in Silicon Valley.

Ask a startup CEO what the most important thing at his company is, and you’re likely to hear something about the “company culture” — a unique blend of values and workplace norms that give startups their unique vibe.

Dallas may well be poised to overtake San Francisco as the top tech talent market say experts from the world’s largest commercial brokerage and information real estate firm, CBRE.

The housing affordability crisis in the Bay Area is causing many small businesses to lose the most important part of their operations — their employees.

Hillary Clinton’s economic advisor just threw Silicon Valley under the bus by claiming the U.S. tax law Apple uses to attribute most earnings to its tiny Ireland unit, is a “fraud.”

A new report has revealed that Pokémon Go has not yet implemented an algorithm to prevent mostly young players of the popular app from roaming into areas where there are registered sex offenders.

Many tech leaders were left “dazed and confused” after top Silicon Valley venture capitalist Peter Thiel won a standing ovation at the Republican National Convention in Cleveland last Thursday when he introduced himself as both “proud to be gay” and “proud to be Republican.”

Democratic congressional candidate Ro Khanna applauded Silicon Valley entrepreneur and gay activist Peter Thiel for the courage he displayed during his Thursday night speech at the Republican National Convention (RNC).

Over 140 of Silicon Valley’s entrepeneurs and executives have signed an open letter condemning Donald Trump.

Joining other Silicon Valley tech companies such as Microsoft, Google and Twitter, internet radio service Pandora has expressed their support of the Black Lives Matter movement.

Despite the Standard & Poors Stock Index touching a new all-time-high of 18,166.77 on July 8, Silicon Valley tech stocks are unchanged over the last two years.

In the 1985 James Bond classic A View to a Kill, super-villain Max Zorin (Christopher Walken) plots to destroy Silicon Valley. That was fiction, of course — but this year, tech start-ups have suffered 70 “down-rounds” as venture capitalists have suddenly demanded that companies become profitable.

Paul Ryan is trying to run “Trump damage control” for the Republicans in Silicon Valley, according to Politico.

House Minority Leader Nancy Pelosi had harsh words for Apple, Inc. CEO Tim Cook over his plans to host a fundraiser Tuesday evening for Speaker of the House Paul Ryan (R-WI).

A top Google official on Tuesday hailed Israel’s tech sector, saying it trailed only Silicon Valley in the United States when it comes to “initiatives”.

Among campaign donors working for the 200 major tech companies, Bernie Sanders picked up 33,094, Hillary Clinton pocketed 2,087, while Donald Trump received only 52, CNN Money and Crowdpac report.

Intel CEO Brian Krzanich had scheduled a fundraiser with Donald Trump at his Silicon Valley home on June 1, but it had to be canceled after someone leaked it to the media.

Intel CEO Brian Krzanich has cancelled a planned fundraiser with Donald Trump just hours after the event was announced.

The Color of Change PAC announced that it has “confronted” Silicon Valley employees with a series of billboards “urging tech companies to stop supporting the Republican National Convention in protest of presumptive nominee Donald Trump’s bigoted rhetoric and policies.”

From the New York Post: Last week in an interview, Donald Trump picked a fight with the Left Coast, specifically Silicon Valley — and it’s less than pleased. It’s not every day that fellow billionaires get down in the mud,

In 2011, Republican ‘Young Guns’ former Majority Leader Eric Cantor, Kevin McCarthy, and Paul Ryan went to Facebook’s headquarters to meet with Sheryl Sandberg and Mark Zuckerberg.

Well, I did warn you not to trust them. A string of exposes in Gizmodo have exposed Facebook’s repeated assurances of political neutrality to be just that — empty assurances.

In the name of protecting claimed trade secrets, Silicon Valley tech giants are about to gain the controversial forfeiture rights against ex-employees that police are using in drug cases.

Although the Palantir “unicorn” is valued at $20 billion and has taken over a huge swath of Palo Alto near Stanford University, the company is hemorrhaging top-name clients, bleeding key staff and becoming increasingly unprofitable.

The rise of Donald Trump and his “America First” platform is pushing tech CEOs even closer to the Democrat establishment, after two decades of Silicon Valley moguls being able to outsource millions of manufacturing jobs and still get huge government contracts.

The UK Daily Mail reports on the remarkably close relationship between Google and the White House.

The meltdown of Silicon Valley tech jobs accelerated Tuesday, as Intel announced 12,000 job cuts worldwide and a plan to dump product lines, despite reporting higher profits.

With 700-square-foot San Francisco condos selling for $1 million, the North San Joaquin Valley, which stretches through Merced, Stanislaus and San Joaquin counties, is the new Silicon Valley suburbs.