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The Latest Breaking News from Silicon Valley

US Commerce Chief Warns Against China 'Threat'

US Commerce Secretary Gina Raimondo on Saturday urged lawmakers, Silicon Valley and US allies to stop China from getting semiconductors and cutting-edge technologies key to national security.

International Business Times

Ancestry.com CEO Deb Liu credits Sheryl Sandberg for helping her navigate Silicon Valley

She recognizes that the biases she faced are still present.

Fortune

Sacking, revolt, return: how crisis at OpenAI over Sam Altman unfolded

Firing of the CEO behind ChatGPT company sent shock waves through Silicon Valley – only for him to be reinstated days later

The Guardian - UK

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Bouncing back: Silicon Valley bets on AI to regain past glory

Thousands of Silicon Valley employees have been laid off over the past year, often finding out the bad news by email. Hit hard by rampant inflation and over-hiring during the Covid pandemic, the US tech giants of the San Francisco Bay Area have faced one of the worst crises in…

France 24

How OpenAI's origins explain the Sam Altman drama

The company's non-profit board and for-profit arm have long been at odds. CEO Sam Altman's week-long ouster represents the culmination of that long-simmering tension.

WEKU

Sam Altman’s ousting from OpenAI could lead to even greater success: ‘You could parachute him into an island full of cannibals and come back in five years and he’d be the king’

Altman dropped out of Stanford, started a "failed" app, then turned it into a gig running Silicon Valley's top startup incubator.

Fortune

AI makes Silicon Valley’s philosophy of ‘move fast and break things’ untenable

The unofficial motto of Silicon Valley has long been “move fast and break things”. It relies on the assumption that in order to create cutting edge technology and to be ahead of the competition, companies need to accept that things will get damaged in the process.

The Conversation

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Palantir’s Peter Thiel: NHS is a natural target for outspoken tech billionaire

Silicon Valley outsider whose firm has won data contract has previously said health service should be ripped up to ‘start over’

The Guardian - UK

Eshoo, longtime Silicon Valley lawmaker, announces plans to retire - Roll Call

Eshoo, 80, spent much of her three decades on Capitol Hill political career focusing on health and technology policy.

Roll Call

OpenAI’s board is facing backlash for firing CEO Sam Altman – but it’s good it had the power to

The sudden removal of OpenAI CEO Sam Altman on Friday was met with shock and disapproval by the company’s employees. More than 90% signed a letter threatening to leave OpenAI if the board didn’t resign and reinstate Altman – who has since apparently been poached by Microsoft, along with a…

The Conversation

OpenAI made 5 huge governance missteps—here’s what boards can learn from its error

OpenAI's boardroom decision has left investors and Silicon Valley stunned.

Fortune

What’s been going on at the company behind ChatGPT – and why it matters

OpenAI has been at the centre of a Silicon Valley corporate drama since the recent sacking of CEO Sam Altman

The Guardian - UK

Worldcoin’s price seesaws as saga of former OpenAI CEO Sam Altman consumes Silicon Valley

The cryptocurrency dropped almost 10% and then jumped approximately 40% as onlookers watched the chaos at OpenAI unfold.

Fortune

Argentina's next chapter: Hard-right libertarian Milei vows radical change

We take a closer look at how Argentina is suffering its worst economic crisis in decades and at the campaign promises made by its far-right president-elect, Javier Milei. We also dive into the unfolding saga at OpenAI, after its board fired co-founder Sam Altman. He's now been picked up by…

France 24

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Fortune

A group of chefs and startup founders wants to scale Japanese fine dining from Arkansas with ‘Bentoville’

Silicon Valley founders Phil Libin and Tammy Sun are launching the concept from their new hometown.

The Independent UK

Corporate, global leaders peer into a future expected to be reshaped by AI, for better or worse

As President Joe Biden and other global leaders spent the past few days melding minds with Silicon Valley titans in San Francisco, their discussions frequently focused on artificial intelligence, a technology expected to reshape the world, for better or worse

Dynamite News

Minister Piyush Goyal ignites economic synergy in Silicon Valley: Unveils US-India trade desk with chartered accountants

In a strategic move to bolster the economic synergy between India and the United States, Minister of Commerce and Industry, Piyush Goyal, convened a meeting with Chartered Accountants from the San Francisco chapter of the Institute of Chartered Accountants of India (ICAI).

Fortune

I created tech that limits violence against women in online dating. Silicon Valley used it for PR–then lost interest

How many Tinder Swindlers–and much worse–are on these apps?

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The Guardian - UK

How did Sam Bankman-Fried attract investors? Well, Fomo probably helped

The cryptocurrency fraudster talked a lot of venture capitalists into pouring millions of dollars into his business. Maybe they should be more careful next time

WEKU

WeWork files for bankruptcy in a stunning downfall from its $47 billion heyday

With its flexible office spaces, WeWork once was seen as a Silicon Valley darling led by an eccentric and charismatic founder. Financial troubled intervened, followed by the pandemic.

Fortune

Vivek Wadhwa is building the AI-powered anti-Theranos. Now he’s moving it to the anti-Silicon Valley–India

'I have decided to forgo several scheduled meetings with Silicon Valley investors in favor of the vibrant and supportive ecosystem that is India.'

The Independent UK

ChatGPT-maker OpenAI hosts its first big tech showcase as the AI startup faces growing competition

About 900 software developers and other attendees showed up to the inaugural developer conference for the artificial intelligence company behind ChatGPT Monday, embracing a Silicon Valley tradition for technology showcases that Apple helped pioneer decades ago

The Conversation

A new Silicon Valley manifesto reveals the bleak, dangerous philosophy driving the tech industry

In 1993, Marc Andreessen was an undergraduate at the University of Illinois Urbana-Champaign, where he also worked at the US-government funded National Center for Supercomputing Applications. With a colleague, the young software engineer authored the Mosaic web browser, which set the standard for cruising the information superhighway in the 1990s.

The Guardian - UK

It’s easy to be dazzled by the super-rich, but don’t believe that they’ll do the right thing

Silicon Valley tech showmen like Elon Musk and Sam Bankman-Fried can blind us with science. A little more scepticism would not go amiss

The Guardian - UK

When Musk met Sunak: the prime minister was more starry-eyed than a SpaceX telescope

As a man soon out of a job, perhaps Rishi Sunak sat dreaming of his own future in Silicon Valley, says Marina Hyde

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