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The Latest Breaking News from Silicon Valley

Silicon Valley braces for the legal fallout from FTX

With so many affiliated companies, so many creditors, so many customers, and jurisdictions in different countries, one legal expert calls this a “maze of issues.”

Fortune

Elizabeth Holmes should get 15 years in prison for fraud, US says

Former Theranos Inc. Chief Executive Officer Elizabeth Holmes should spend 15 years in prison for committing one of the most serious white-collar crimes in Silicon Valley history, prosecutors told the judge who will sentence her.

Tribune News Service

Elizabeth Holmes asks for leniency for her Theranos crimes

Disgraced Theranos CEO Elizabeth Holmes is casting herself as a Silicon Valley scapegoat who overcame an abusive relationship to become a loving mother in an effort to avoid a lengthy prison sentence for duping investors in her failed blood-testing company

The Independent UK

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Q&A: Jim Dukhovny, nightclub DJ turned tech CEO. His latest business – flying cars

SAN JOSE, Calif. — When the lights lowered and thumping bass music filled a Silicon Valley event space this October, Jim Dukhovny was in his element. He is a former events promoter and musician dubbed “DjWizard” who is accustomed to hyping up rooms filled with revelers.

Tribune News Service

Camilla reveals new monogram co-designed by former monk who worked in Silicon Valley

Camilla’s new cypher that will appear on her personal letters and become her trademark has been revealed.

Evening Standard

Meet the Silicon Valley dad who has Elon Musk’s ear. His gushing tweets prove it

SAN JOSE, Calif. — There was the tweet last month from @EvasTeslaSPlaid that praised him for being “fit, ripped & healthy” and asked, “Hey, @elonmusk what’s your secret?”

Tribune News Service

Mystery surrounds discovery of car buried in backyard of $15m Silicon Valley home

Cadaver dogs were called in and “made a slight notification of possible human remains,” but none had been found more than 12 hours after the car was found

The Independent UK

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Antony Blinken’s Silicon Valley visit underscores US cybersecurity concerns

Secretary of state met tech executives to discuss national security even as US public is increasingly skeptical of industry

The Guardian - US

Prosecution witness stands by testimony in Holmes trial

A federal judge will question a key witness in the high-profile trial of disgraced Theranos CEO Elizabeth Holmes about why he showed up at her Silicon Valley home in August and expressed regrets about testimony that helped convict Holmes of duping investors in her blood-testing company

The Independent UK

Baby genius! Tech trillionaire! Space-conquering supergod! It’s The Elon Musk Show!

Elon Musk’s mum says her boy is a genius – but does a new tell-all documentary agree? From his harsh divorce tactics to how he’s about to revolutionise your brain, here’s why tech billionaires are taking over TV

The Guardian - UK

Everything we don't know about Elon Musk's latest about-face on Twitter

Elon Musk wants to buy Twitter for $54.20 a share: A headline from April, yes, but also breaking news, with the on-again, off-again Silicon Valley saga looping back around on itself to end up, on the eve of a courtroom showdown, exactly where it started.

Los Angeles Times

Harry and Meghan appoint former Silicon Valley big wig as new PR chief after 'ditching' previous firm

Christine Weil Schirmer, who has previously worked for Apple and Pinterest, is already head of communications at the Sussexes' charity Archewell but will now also oversee the couple's publicity

Daily Mirror

Ten things Elon Musk's texts reveal about the Twitter deal

A new trove of text messages between Elon Musk and Twitter Inc. executives, close friends, potential investors and Silicon Valley bros sheds light on how a $44 billion deal by the world’s richest person to buy the social media company came about — and ended up in court.

Tribune News Service

The Molly Russell inquest verdict damns Silicon Valley. There can be no more excuses

These companies make decisions that harm children. The government must take action, say the NSPCC’s Sir Peter Wanless and 5 Rights’ Lady Beeban Kidron

The Guardian - UK

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WEKU

Texts released ahead of Twitter trial show Elon Musk assembling the deal

Elon Musk's takeover of Twitter went down via private text messages between the Tesla CEO and a small circle of Silicon Valley's rich and powerful, according to court filings released this week.

Benzinga

Investor Behind The Biggest Startups Spills The Exact Moment You Should Start Your Business

Bill Gurley, a well-known Silicon Valley venture capitalist best known for his investments in tech unicorns such as OpenTable and Uber, stated on a podcast that this could be the best time in the past 10 years to start a business from scratch.

Businessweek

Would You Invest $10,000 in a Friend’s Startup? Are You Friends If You Don’t?

In Silicon Valley, angel investing has become a key form of social currency.

The Philadelphia Inquirer

Philadelphia tech salaries see biggest jump in the US, growing faster than Silicon Valley

Technology job paychecks grew fastest in Philadelphia this year, according to a new survey of employers and workers by Hired.com.

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The Hindu

2023 Breakthrough Prize winners announced

The Breakthrough Prizes, created in 2010 by a group of Silicon Valley entrepreneurs, are the most richly endowed awards in science, disbursing more than the Nobel prizes

Tribune News Service

Top Ford execs get additional responsibilities; company touts Silicon Valley hires

Ford Motor Co. on Thursday announced changes within its leadership ranks around product development and supply chain management that include expanded roles for some executives and new hires with Silicon Valley backgrounds.

The Guardian - US

Is Silicon Valley’s golden era coming to an end?

Rising interest rates, dampened growth and the public’s shifting views on Big Tech are giving experts pause

Reason

Is Silicon Valley Spying on Conservatives for the FBI?

Some of the law around a New York Post Story

The Guardian - US

Grapes, berries and robots: is Silicon Valley coming for farm workers jobs?

The global ag-tech revolution has sped up in recent years, spurring a debate on how it will affect the workforce

The Guardian - US

The AI startup erasing call center worker accents: is it fighting bias – or perpetuating it?

A Silicon Valley startup offers voice-altering tech to call center workers around the world: ‘Yes, this is wrong … but a lot of things exist in the world’

Tribune News Service

Editorial: Coming to the US shouldn’t be this hard

A Colombian family hoping to visit Disney World right now might have to wait more than two years to get their visas. The same goes for a Nigerian investor looking to close a funding round in Silicon Valley. Around the world, delays in visa processing are preventing scores of foreigners…

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