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The Latest Breaking News from Silicon Valley

Australia's Silicon Valley wins over cashed-up firms

Big-name firms including Afterpay and Cash App are moving into a precinct designated as a hub for Australian technology innovation.

AAP

AI finds a new adversary in Procreate CEO as tides shift against Silicon Valley's latest craze

“I really f— hate generative AI," CEO James Cuda said.

Fortune

Meter cofounders Sunil and Anil Varanasi are brothers, partners, and competitors—who play on the same team

The sibling entrepreneurs are backed by Silicon Valley A-listers including Sequoia, Sam Altman, Reid Hoffman, John and Patrick Collison, and Lachy Groom. Their new product lets anyone troubleshoot complex Wi-Fi issues by essentially asking their computer: What’s up? Fortune can exclusively report that Meter is unveiling a product called Command,…

Fortune

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Palantir’s CEO backs Kamala Harris and says that cofounder Peter Thiel’s support of Trump made it harder to get things done

“I do not enjoy being protested every day,” Alex Karp said.

Fortune

British tech tycoon Mike Lynch was trying to bounce back from HP fraud case before being lost at sea

Tech tycoon Mike Lynch, one of six people missing from a sunken yacht off Sicily, had been trying to move past a Silicon Valley debacle that had tarnished his legacy as an icon of British ingenuity

The Independent UK

Why Silicon Valley falls prey to ‘charisma distortion,’ according to investor and Google X founding member Tom Chi

Silicon Valley loves a charismatic visionary. Sometimes a little too much, like when that vision outstrips reality. I recently talked about this with Tom Chi, once a founding member of Google X and now founding partner at At One Ventures.

Fortune

Kamala’s tech ties: what is Harris’s relationship with Silicon Valley?

Harris’s track record, and time as California senator and AG, has tech leaders wondering if she’d have a friendlier approach to the industry

The Guardian - US

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Google Launches New Pixel 9 Phones As AI Race Heats Up

Google on Tuesday unveiled new Pixel 9 smartphones, its latest salvo in the scramble by Big Tech to corner the market on nascent artificial intelligence. The Silicon Valley search giant has been racing against Microsoft, OpenAI and others to lead in AI since the 2022 release of ChatGPT ignited intense…

International Business Times

Susan Wojcicki blazed a trail for women in Silicon Valley

The former YouTube CEO died at 56 after two years living with lung cancer.

Fortune

Former YouTube CEO Susan Wojcicki has died at 56

Wojcicki, one of the most influential female executives in Silicon Valley, had been living with lung cancer for two years.

Fortune

Elon Musk says ‘no choice’ but for X to shut San Francisco HQ

Billionaire confirms website’s main office will relocate to Austin, Texas, while SpaceX will also leave California

The Guardian - UK

Trump warns "bad" Google of shutdown

Trump may have won over much of Silicon Valley, but he continues to attack Google in a new rant on Fox

Salon

Silicon Valley’s Trump supporters are dicing with the death of democracy

In 2016, some said comparisons between the rises of Trump and Hitler were misguided. But as tech’s titans donate millions, worrying new parallels emerge

The Guardian - UK

How this female VC got hundreds of Silicon Valley investors to support Kamala Harris

The VCs for Kamala group, launched by Leslie Feinzaig, says it's “pro-business, pro-American dream, pro-entrepreneurship, and pro-technological progress."

Fortune

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Tom’s Hardware

U.S. government reportedly denies $4 billion grant for Applied Materials

Applied Materials will not get $4 billion to fund new R&D center in Silicon Valley.

International Business Times

More Than 400 Silicon Valley VCs Rally Behind Kamala Harris' Presidential Bid

The group includes notable names like venture capitalists Mark Cuban, Vinod Khosla, and Ron Conway, as well as LinkedIn founder Reid Hoffman.

International Business Times UK

Why Are Tech Billionaires Saying VC David Sacks May Be 'The Most Evil Person In Silicon Valley'?

Silicon Valley tech billionaires are embroiled in a public feud, with venture capitalist David Sacks at the centre of accusations and counter-accusations.

The Guardian - US

Venture capitalists including Mark Cuban back Kamala Harris’s campaign

More than 100 Silicon Valley investors, including LinkedIn co-founder Reed Hastings, launch website VCs for Kamala

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The Independent UK

First dudes now tech bros: Over 100 Silicon Valley tycoons back Harris’ bid for president

‘They don’t speak for me,’ one venture capitalist said, referring to the groundwell of Silicon Valley support for Trump

International Business Times

US Senate Passes First Major Child Online Safety Bills In Years

The US Senate passed a sweeping social media safety package Tuesday that would force tech companies to do more to protect children -- the first major legislation targeting Silicon Valley in a generation.

Fortune

Silicon Valley goes to war—with itself

How did America's tech hub become a funhouse mirror version of the country's dysfunctional partisan politics?

Fortune

Silicon Valley investors 'glorify youth, and it’s a misallocation of capital,' VC says

Only founders 50 and older can pitch Brilliant Minds, a new early-stage VC firm. Its CEO says apps are through the roof.

International Business Times

AI Startups Swap Independence For Big Tech's Deep Pockets

It's the case of the vanishing startup: some of Silicon Valley's most promising names in the fast-developing generative AI space are being gobbled up by or tied to the hip of US tech giants.

Fortune

Silicon Valley is at war with itself over Kamala Harris vs. Trump, fighting in the open and spending millions to win

One investor says they have “lost lots of friends” over their position in this year’s election.

International Business Times

Trump Offers Tech Sector Policy Flips Ahead Of Election

Fiercely against social media platform TikTok, cryptocurrency bitcoin and electric cars during his presidency, Republican presidential nominee Donald Trump has recently flip-flopped on several issues that are dear to Silicon Valley.

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