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The Latest Breaking News from Silicon Valley

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

Evening Standard

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.

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.

Tribune News Service

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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 Times of India

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

The Guardian - UK

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

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

Financial Times

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 Guardian - UK

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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

The Independent UK

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…

Benzinga

Silicon Valley Pain Index: Income gap widens along racial lines

For three years now, the San Jose State professor Scott Myers-Lipton has held a mirror to Silicon Valley’s staggering wealth divide, and reflected the disparities: Less than 1% of the Valley’s households account for 25% of the region’s bountiful wealth, while more than 45% of the Valley’s children live in…

Tribune News Service

In a Surprise Move, the FDA Denies Approval for Juul Tobacco and Menthol Vapes

What was once a classic Silicon Valley success story has become the victim of an intensely ideological war on nicotine.

Reason

Palantir: Trump-backer’s data firm that wants a big NHS deal

Company co-founded by Silicon Valley’s Peter Thiel has been criticised for US defence and immigration contracts

The Guardian - UK

It's (not) Alive! Google Row Exposes AI Troubles

An internal fight over whether Google built technology with human-like consciousness has spilled into the open, exposing the ambitions and risks inherent in artificial intelligence that can feel all too real. The Silicon Valley giant suspended one of its engineers last week who argued the firm's AI system LaMDA seemed…

Asharq Al-Awsat

Silicon Valley investor eyeing North West early-stage founders and start-ups

Sterling Road said the programme will run for a minimum of three years

Birmingham Post

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Tribune News Service

Musk’s Twitter bid leans on financier linked to Russian tycoon

Elon Musk’s bid for Twitter Inc., which has been upended by the billionaire’s threat to walk away, attracted a bevy of big-name backers and Silicon Valley mainstays. There were some notable exceptions.

The Times of India

51.8 acres in Kolkata tech hub for Adani hyperscale data centre

KOLKATA: Adani Enterprise Ltd, the flagship group of Adani Group, will set up a 'hyperscale data centre' at Bengal Silicon Valley in New Town, industries minister Partha Chatterjee announced on Monday. The state cabinet has okayed a proposal to allot 51.8 acres for the project.

Asharq Al-Awsat

Key Facebook Force Sheryl Sandberg Steps Down

Meta's second most powerful executive Sheryl Sandberg made the shock announcement Wednesday she will leave after a 14-year tenure that included helping steer scandal-prone Facebook to advertising dominance. Sandberg, 52, has been one of the most influential women in Silicon Valley and her departure comes as the social media juggernaut…

Reason

Silicon Valley speech suppression goes to the Supreme Court

Episode 409 of the Cyberlaw Podcast

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Fortune

The good times in Silicon Valley come crashing to a halt

The easy money is gone, the market’s a mess, and there’s no exit in sight. Now investors in private companies are wondering how bad things are going to get.

Los Angeles Times

Commentary: California’s economy may seem healthy. But just wait for the next recession

The California economy may seem healthy on the surface, with home prices soaring, Silicon Valley booming and the state government posting big multi-year state budget surpluses thanks to a massive surge in capital gains tax revenues and income tax revenues from tech stocks.

Reason

Agnieszka Pilat: 'I Didn't Realize People Still Think Socialism Is a Good Idea.'

The Polish-born artist is creating "heroic portraits" of machines and defending individualism and creative expression in Silicon Valley.

The Guardian - UK

A slice of Silicon Valley – inside the RCA’s colossal new £135m building

The Royal College of Art’s brutalist new building – by architects Herzog & de Meuron – reflects a shift from art school to science-tech powerhouse. But is a business-facing behemoth what its students really need?

Insider UK

From Fife to NYC, Silicon Valley and Tiree

Our latest Big Profile focuses on tech entrepreneur and deal-maker Calum Smeaton

Benzinga

Vietnam PM Met Apple CEO Tim Cook During Recent US Visit To Discuss Manufacturing

During his recent visit to the United States, Vietnamese Prime Minister Pham Minh Chinh made a visit to Silicon Valley tech giants including Apple Inc (NASDAQ: AAPL) to discuss business, according to

Birmingham Post

Deal extension for Silicon Valley firm backed by Manchester United player that is helping Liverpool attempt historic quadruple

Zone7 counts a Manchester United player as one of its investors

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