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The Latest Breaking News from Silicon Valley

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.

Businessweek

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.

The Philadelphia Inquirer

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

The Hindu

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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.

Tribune News Service

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

The Guardian - US

Is Silicon Valley Spying on Conservatives for the FBI?

Some of the law around a New York Post Story

Reason

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

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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’

The Guardian - US

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…

Tribune News Service

Apple Warns of Flaw that Lets Hackers into iPhones, Macs

Apple is warning of a flaw that is allowing hackers to seize control of iPhones, iPads and Mac computers, and is urging users to install emergency software updates. Patches were released Thursday and Wednesday by the tech titan to fix what it described as a vulnerability hackers already knew about…

Asharq Al-Awsat

Tech's cult of the founder bounces back

Adam Neumann's mega-investment comeback shows Silicon Valley still views founders as saviors.

Axios

Scottish Ballet: Coppélia review – hi-tech makeover for dusty ballet

The twee 19th-century tale is dazzlingly transposed to a Silicon Valley landscape, where Dr Coppélius is building an AI creation in corporeal form

The Guardian - UK

Exclusive or not, this is one Clubhouse I was happy to leave

The titular ‘social audio’ app was a would-be $1bn unicorn in the pandemic, but its recent decline has exposed it as just another Silicon Valley solution in need of a problem to solve

The Guardian - UK

Cisco hit by cyberattack from hacker linked to Lapsus$ gang

Cisco Systems Inc. said it was the victim of a cyberattack in which a hacker repeatedly attempted to gain access to the Silicon Valley firm’s corporate network.

Tribune News Service

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Asharq Al-Awsat

What Remains of Our Humanity in the Digital Republic ?

When the World Wide Web first emerged, Silicon Valley was brimming with feeble, vulnerable startups. At the time, the US government decided not to regulate these startups, allowing them to continue their bold growth to the greatest extent possible. That is what happened. Today, these companies have become global household…

The Independent UK

Billionaire venture capitalist Marc Andreessen roasted for opposing new housing in rich Silicon Valley town

Venture capitalist has called for more housing in past

Evening Standard

Influencers in revolt — is the Instagram bubble finally about to burst?

Instagram’s bid to compete with its younger rival TikTok has led to a major backlash and a crisis of confidence at the Silicon Valley behemoth. Could a new focus on London revive the fortunes of the ailing platform? Giulia Crouch talks to Meta insiders

Tribune News Service

Big Tech’s U.K. antitrust cop steps down with job not quite done

The U.K.’s top antitrust watchdog stepped down this week after a nine year tenure that saw him elevated by Brexit to be one of the world’s most powerful regulators but he leaves with unfinished business reining in the excesses of Silicon Valley.

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news in one place.

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Tribune News Service

Moving out: California cities are bleeding residents. How long will the trend last?

During the COVID-19 pandemic, it seemed like everyone knew a co-worker fleeing the Bay Area.

The Times of India

Apple joins fellow tech giants in putting a lid on hiring

Apple is the latest major technology company to rein in hiring and spending plans, adding to the evidence that even Silicon Valley stalwarts are worried about a recession in the coming months.

The Guardian - UK

The Uber files tell a simple truth: democracy depends on curbing mercenary tech giants

These revelations reveal the political credulity and negligence surrounding the growing power of Silicon Valley, says Guardian columnist Rafael Behr

Financial Times

The 30-year-old comic book that became a Silicon Valley bible

Scott McCloud’s definitive book is changing the face of online avatars

The Guardian - UK

I saw first-hand how US tech giants seduced the EU – and undermined democracy

Silicon Valley used opaque lobbying to weaken crucial new regulations. Firms like Google and Meta must be held to account

The Independent UK

Jury takes fraud case against Elizabeth Holmes's ex-partner

The fate of hard-nosed technology executive Ramesh “Sunny” Balwani is now in the hands of a jury that will weigh criminal charges alleging he joined disgraced Theranos CEO Elizabeth Holmes, his former partner, in an elaborate fraud that jarred Silicon Valley

Benzinga

Softbank's Masayoshi Son Emphasizes Chances Of US Listing For Arm

Softbank Group Corp (OTC:SFTBY) founder and CEO Masayoshi Son stressed the possibility of British-based chip designer unit Arm Ltd listing on Nasdaq pending a final decision, Reuters reports. "Most of Arm's clients are based in Silicon Valley and ... stock markets in the U.S. would love to have Arm," Son told at the annual…

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Ramesh ‘Sunny’ Balwani

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