Silicon Valley - Page 29

How Governments Force Silicon Valley To Censor You Online

On hate speech, social media companies are enthusiastically liking, retweeting, and faving national governments. In December, the German government announced that they had secured the co-operation of Facebook, Google and Twitter in removing “hate speech” from their platforms. A wave

Boeing, Blackberry building self-destructing phone

Mark Zuckerberg and the New Progressive Plutocrats

The latest billionaire buffoon is Mark Zuckerberg, CEO of Facebook. Having noticed that Jack Dorsey is out-doing him in the realm of leftist political whackery, the social media kingpin has begun to wear his progressivism on his sleeves. Facebook’s users — far more numerous than Twitter’s — are sure to suffer.

AP Photo

Chronicle: Donald Trump Is Changing Politics in Silicon Valley

Disdain and outright fear of a Donald J. Trump presidency has changed Silicon Valley politics and is pushing more donations towards the Hillary Clinton camp, the San Francisco Chronicle reports. However, a number of leading tech executives have quietly conveyed their admiration for Trump and his campaign, especially his use of social media.

Trump and smartphones (Marcio Jose Sanchez / Associated Press)

Yelp Loses 4 Stars: Stock Down 50%, CFO Out

Yelp! stock became the latest Silicon Valley darling in the week before Valentine’s Day to tank by double-digits, as big investors retaliated for the 50 percent stock drop since December by forcing the company’s CFO to resign.

Yelp NYSE (Richard Drew / Associated Press)

California Budget in Deficit as Silicon Valley Falters

The bipartisan Legislative Analysts’ Office has announced that California’s 2015-16 personal income tax collection has fallen from a huge surplus to a $147 million deficit. The cause appears to be plummeting Silicon Valley capital gains and weakening tech employment.

The Associated Press

The Gig Economy Appears to Be Growing– Here’s Why

With the rise of Uber, Airbnb, and TaskRabbit, there’s a sinking suspicion that the traditional 9-5 job is being replaced by flexible, independent contract work. But, despite the existence of multiple billion-dollar Silicon Valley startups hiring an army of independent contract workers, economists have had difficulty finding any evidence that Americans were more likely to be self-employed.

REUTERS/ROBERT GALBRAITH

Counterpoint: California Best for New Business?

Beacon Economics just published a report concluding that California is the best place for new business in America, despite high taxes, burdensome regulations, and high living costs. “Next 10,” founded and funded by F. Noel Perry, retained Beacon Economics to

California Tattoo (Joel Pollak / Breitbart News)

Anti-Terror Budget for CA Power Plants Cut in Fight

Money that was being appropriated for use towards protecting California power plants from terror attacks is reportedly being held hostage as a consequence of a battle between the California Public Utilities Commission and state legislators over the appropriation of $5 million in legal fees stemming from a corruption investigation into the agency.

California substation (Matthew Fern / Flickr / CC / Cropped)

Top Silicon Valley Investor: Industries with Unions Are Ripe for Disruption

(Ferenstein Wire)—Silicon Valley is coming after unionized industries. A top investor in the Valley, Paul Graham, lit up Twitter, tweeting, “Any industry that still has unions has potential energy that could be released by startups. (I don’t mean in simply paying people less, but rather that industries afflicted by unions are sclerotic so have left lots undone.)”

REUTERS/Lucy Nicholson

Hewlett-Packard Busts Up Into 2 Companies

Hewlett-Packard Inc. is officially spinning out its personal computer and printer operations into a free-standing company from its enterprise software systems and consulting business on Monday, creating two companies with market capitalizations of about $25 billion each.