Business


Posts filtered by tags: Silicon Valley[x]


 

Andreessen Horowitz-backed startup PagerDuty has confidentially filed for an IPO but because of the shutdown no one can review its prospectus

PagerDuty, an IT incident response startup, has reportedly filed confidentially for an IPO. PagerDuty was last valued at $1.3 billion in funding round backed by Silicon Valley VCs like Andreessen Horowitz and Accel. Despite filing the paperwork, PagerDuty isn't likely to get comments from the SEC anytime soon since the Securities and Exchange Commission is closed with the rest of the federal government. The hot developer-focused startup PagerDuty has confidentially filed for an IPO, Bloomberg...
Tags: Microsoft, China, Trends, Bloomberg, SEC, Silicon Valley, Andreessen Horowitz, Accel, Securities And Exchange Commission, IPO Bloomberg, Andreessen Horowitz Accel, Jennifer Tejada, Bessemer Venture Partners Morgan Stanley


This Silicon Valley studio rents for $1,500 per month — to 2 cats

A man in San Jose, California, rents a studio apartment for $1,500 per month for a very important reason: So his daughter's two cats have a place to call their own. It may be the swankiest cat pad on the West Coast. The post This Silicon Valley studio rents for $1,500 per month — to 2 cats appeared first on Digital Trends.
Tags: Trends, Silicon Valley, West Coast, San Jose California


Leaked memo spells out Facebook’s new ‘ground rules’ restricting employee discussions about politics and religion (FB)

Facebook is bringing in new rules about how employees can discuss politics and religion internally. In an internal memo obtained by Business Insider, CTO Mike Schroepfer said the company had drawn up new guidelines for internal discussions. Much of the rules apply to Workplace, Facebook's internal communication app, and the company is investing in stronger moderation tools for it. The changes comes amid falling employee morale and some employee criticism of Facebook's political culture. You ca...
Tags: Apple, Facebook, Workplace, Trends, Myanmar, Silicon Valley, Signal, Cnbc, Anthony Harrison, Don, Schroepfer, Mike Schroepfer, Cambridge Analytica, Business Insider Facebook, Workplace Facebook, Brian Amerige


Facebook is introducing new rules for employees about discussing politics and religion (FB)

Facebook is bring in new rules about how employees can discuss politics and religion internally. In an internal memo obtained by Business Insider, CTO Mike Schroepfer said the company had drawn up new guidelines for internal discussions. Much of the rules apply to Workplace, Facebook's internal communication app, and the company is investing in stronger moderation tools for it. The changes comes amid falling employee morale and some employee criticism of Facebook's political culture. You can r...
Tags: Facebook, Workplace, Trends, Myanmar, Silicon Valley, Jeff Bezos, Signal, Cnbc, Anthony Harrison, Don, Schroepfer, Mike Schroepfer, Cambridge Analytica, Business Insider Facebook, Workplace Facebook, Brian Amerige


Amid fears of an impending recession, some employees at Silicon Valley's IPO-bound startups say they're starting to get anxious

2019 was supposed to be a blockbuster year for tech companies going public — but the volatility of the public markets is making some employees at IPO-bound tech companies nervous.  We spoke to a current employee at Uber and a current employee at Airbnb. Both companies are expected to hold their long-awaited IPOs this year.  The Uber employee says that there's a lot of anxiety within the company over the company's valuation — conflicting reports have said that Uber could go public with a market...
Tags: Google, Uber, Ipo, Trends, Silicon Valley, Airbnb, Travis Kalanick, Fortune, Wall Street Journal, Signal, Brian Chesky, San Francisco Bay Area, Dara Khosrowshahi, Khosrowshahi, Trust Safety, Uber Lyft Slack Palantir


Airbnb says profitable for 2 straight years amid IPO talks

Airbnb's expected listing in 2019 would be among a string of public debuts by highly valued Silicon Valley companies.
Tags: Finance, Article, Silicon Valley, Airbnb, Reuters, FBN, Fbn/markets, Fox-business/markets, Fox-business/markets/stocks, Fox-business/markets/wall-street, Fox-business/markets/ipos, A49ba083-e76a-5344-b43c-4c75ab19bd70


Disappointing photos show what living in San Francisco on a tech salary really looks like

Tech workers come to Silicon Valley in droves with dreams of working for one of the world's biggest tech companies, like Google or Apple, or with hopes of founding their own startup. Such a position entails a comfortable salary, but having a tech salary in the nation's most competitive real estate market doesn't always promise a life of luxury. Here's what working in Silicon Valley's tech sphere really looks like. The dream of working for one of Silicon Valley's many tech behemoths, along wit...
Tags: Apple, Google, San Francisco, Trends, Palo Alto, Silicon Valley, Bay Area, Bay Area Though


Drug giant Pfizer isn't ready to abandon neuroscience — here's its $150-million ‘star cluster’ strategy for betting on promising brain drug startups

Last year, after several failures related to Alzheimer's disease drugs, pharmaceutical giant Pfizer announced it was stepping away from neuroscience research and development. The company isn't completely done with the field. It partnered with Bain Capital in October to launch neuroscience spinoff Cerevel Therapeutics. Cerevel is part of a much larger strategy to maintain a presence in neuroscience, Pfizer Ventures executives explained in an interview with Business Insider during the J.P. Morga...
Tags: Trends, Silicon Valley, Pfizer, Bain Capital, Jpmorgan, Patrick, Johnson Johnson, Dalton, Morgan Healthcare Conference, Barbara Dalton, Pfizer Ventures, Denis Patrick, Cerevel Therapeutics, Cerevel Therapeutics Cerevel


Hot data backup startup Rubrik is now valued at $3.3 billion. The CEO tells us what to expect in the 'second chapter' of the company

Data management platform startup Rubrik announced Tuesday that it closed $261 million in new funding, in a deal valuing the company at $3.3 billion. Rubrik CEO Bipul Sinha says that this funding means the company is opening a new chapter.  Chapter one for Rubrik was all about data backup and recovery, he says. Now, Rubrik is entering chapter two: machine learning, a foundational technology behind artificial intelligence. Rubrik's revenue has grown quickly, but Sinha recalls that in the early...
Tags: Microsoft, Trends, Cisco, Silicon Valley, Amazon Web Services, Rubrik, Khosla Ventures, Bain Capital Ventures, Polaris, Sinha, John Chambers, Bipul Sinha, Bernie Madoff, John W Thompson, Rubrik Sinha, IVP Greylock Partners


A $72 billion Canadian investor is poised to start making venture capital bets in Silicon Valley

The C$95 billion Canadian pension fund OMERS is expanding into Silicon Valley to make venture investments in US startups. OMERS Ventures hired Michael Yang as a managing partner from Comcast Ventures to lead the effort. He's planning to staff up and open offices in San Francisco and Palo Alto. US venture capital funding has been climbing, with almost $100 billion invested last year, an 18-year high. Yang is planning to invest in industries like healthcare, transportation, and media. A huge Ca...
Tags: US, San Francisco, Trends, Canada, Silicon Valley, Lightspeed, Comcast Ventures, Bay Area, Ontario, Yang, Felix Paul Studios, Lerer Hippeau, OMERS Ventures, Michael Yang, Uber Lyft China, Palo Alto US


Microsoft CEO Satya Nadella describes two new kinds of software that are going to change everything for businesses (MSFT)

Microsoft CEO Satya Nadella has two very specific examples of what's next when it comes to business software. Specifically, he sees two new categories of software emerging. One new category will track the performance of products as customers use them. It is business software built on the concept of Internet of Things, where objects get sensors and apps. The second adds a layer of artificial intelligence magic on top of it all, which will predict stuff about to happen (like something braking) a...
Tags: Microsoft, Satya Nadella, Trends, ERP, Silicon Valley, Wilmington Delaware, Nadella


Drug giant Pfizer isn't ready to abandon neuroscience — here's its ‘star cluster’ strategy for betting on promising brain drug startups

Last year, after several failures related to Alzheimer's disease drugs, pharmaceutical giant Pfizer announced it was stepping away from neuroscience research and development. The company isn't completely done with the field. It partnered with Bain Capital in October to launch neuroscience spinoff Cerevel Therapeutics. Cerevel is part of a much larger strategy to maintain a presence in neuroscience, Pfizer Ventures executives explained in an interview with Business Insider during the J.P. Morga...
Tags: Trends, Silicon Valley, Pfizer, Bain Capital, Jpmorgan, Patrick, Johnson Johnson, Dalton, Morgan Healthcare Conference, Barbara Dalton, Pfizer Ventures, Denis Patrick, Cerevel Therapeutics, Cerevel Therapeutics Cerevel


A top Silicon Valley VC firm avoided investing in prescription drugs for a decade. Here's why Andreessen Horowitz is changing its mind

When Andreessen Horowitz was founded in 2009, the venture-capital firm didn't expect to invest in healthcare. That changed in 2015 when the firm launched its $200 million bio fund, which focused on investing in software companies in healthcare. The firm, which is now on its second bio fund, has historically avoided investing in therapeutics. That's beginning to change, general partner Jorge Conde told Business Insider. Conde told Business Insider he's on the hunt for companies using technologi...
Tags: Facebook, San Francisco, Trends, Silicon Valley, Andreessen Horowitz, Business Insider, Conde, Asimov, CVS Health, Omada Health, Jorge Conde, Devoted Health, Business Insider Conde


The president of Microsoft says top leaders at the world's biggest tech companies meet regularly to talk about the major issues facing Silicon Valley and the world (MSFT)

Microsoft President Brad Smith told a room full of journalists that he has "sympathy" for executives at tech companies who find themselves under regulatory scrutiny these days. Smith was working at Microsoft back in the '90s, when Microsoft was sued by the federal government over its business practices, and put under a decade of government oversight. Smith said that after the Trump administration's travel ban some 23 months ago, the tech industry came together for a meeting.  Since then, he's ...
Tags: Google, Amazon, Facebook, Mark Zuckerberg, Microsoft, Congress, Trends, Muslim, Silicon Valley, Jeff Bezos, Seattle, Smith, Donald Trump, Sheryl Sandberg, Trump, Wilmington Delaware


Someone in Silicon Valley is renting a studio apartment for $1,500 a month just for his two cats

A Silicon Valley landlord is renting his San Jose studio apartment to a pair of cats, whose owner couldn't keep them in his own apartment, according to a San Jose Mercury News report on Sunday.  Rent for the cats is $1,500 per month.  “Basically I’ve got two renters that don’t have opposable thumbs,” the landlord said.  Rental prices in Silicon Valley have skyrocketed to some of the highest in the country, as troves of tech workers have made the move with grand dreams of cashing in on the nex...
Tags: Google, Trends, Maine, Silicon Valley, San Jose, Bob, Bombay, San Jose Mercury News, Seattle Times, Maine Coon, Tina, Louise, Mike Rosenberg, David Callisch, Callisch, Troy Good


A year after ditching in-house neuroscience work, Pfizer execs shared their ‘star cluster’ strategy for betting on promising brain drug startups

Last year, after several failures related to Alzheimer's disease drugs, pharmaceutical giant Pfizer announced it was stepping away from neuroscience research and development. The company isn't completely done with the field. It partnered with Bain Capital in October to launch neuroscience spinoff Cerevel Therapeutics. Cerevel is part of a much larger strategy to maintain a presence in neuroscience, Pfizer Ventures executives explained in an interview with Business Insider during the J.P. Morga...
Tags: Trends, Silicon Valley, Pfizer, Bain Capital, Jpmorgan, Patrick, Johnson Johnson, Dalton, Morgan Healthcare Conference, Barbara Dalton, Pfizer Ventures, Denis Patrick, Cerevel Therapeutics, Cerevel Therapeutics Cerevel


Andreessen Horowitz is starting to invest in an area of healthcare that the firm has historically avoided

When Andreessen Horowitz was founded in 2009, the venture capital firm didn't expect to invest in healthcare. That changed in 2015, when the firm launched its $200 million bio-fund, which focused on investing in software companies in healthcare. Now on its second bio-fund, the firm has historically avoid investing in therapeutics. That's beginning to change, general partner Jorge Conde told Business Insider.  Conde told Business Insider he's on the hunt for companies using technologies that ar...
Tags: Facebook, San Francisco, Trends, Andreessen, Silicon Valley, Andreessen Horowitz, Business Insider, Conde, Asimov, CVS Health, Omada Health, Jorge Conde, Devoted Health, Business Insider Conde


A lot of big-money promises: Newsom’s housing budget explained

No wonder Gov. Gavin Newsom dropped those hints last week about an upcoming “Marshall Plan” for affordable housing. Sure, he’d made ambitious campaign promises to combat California’s housing crisis: leading the effort to build 3.5 million units over the next seven years (an unprecedented rate), jacking up state subsidies for housing reserved for lower-income Californians, and easing regulations so it would be easier to build all types of new housing. But what would he deliver? We got the first g...
Tags: Business, Real Estate, Politics, News, California, Housing, California News, San Francisco, Sport, Soccer, Beverly Hills, Silicon Valley, Jerry Brown, Gavin Newsom, Legislature, Bay Area News Group


Cadillac takes aim at Tesla with electric SUV priced below Model X

A three-row Cadillac XT6 crossover SUV is shown after being unveiled during media previews for the North American International Auto Show in Detroit, Sunday, Jan. 13, 2019. (AP Photo/Paul Sancya) Steve Carlisle, president, Cadillac, speaks during the unveiling of the three-row Cadillac XT6 crossover SUV during media previews for the North American International Auto Show in Detroit, Sunday, Jan. 13, 2019. (AP Photo/Paul Sancya) Sound The gallery will resume in seconds The three-...
Tags: Business, Tesla, Sport, Soccer, Gm, Silicon Valley, Detroit, Carlisle, Cadillac, Automakers, North American International Auto Show, General Motors Co, Paul Sancya, Tesla Inc, Steve Carlisle, Detroit Carlisle


The Myth of Capitalism: Monopolies and the Death of Competition. Jonathan Tepper and Denise Hearn. A review...

The Myth of Capitalism is a polemic about the reduction in competition in many industries in the US. And it starts in an entirely appropriate place. Dr Dao - a doctor with patients to serve the next day - was "selected" by United Airlines to be removed from an overbooked plane. As he had patients to tend the next day he did not think he should leave the plane. So the airline sent thugs to bash him up and forcibly removed him. The video (truly sickening) went viral. But the airline did ...
Tags: Apple, Google, Amazon, Business, Microsoft, Australia, China, US, America, Walmart, Idaho, New York Times, Sydney, Peter Thiel, Silicon Valley, Costco


Will Jeff Bezos Get Half of MacKenzie Bezos’s Fortune in the Divorce?

How much do you think Jeff Bezos will get in the divorce? I haven’t heard anyone ask that. I’ve only read headlines like How Much Could MacKenzie Bezos Get? and How Much Will Jeff Bezos Lose? In the Bezos marriage, the partners are equals. Jeff and MacKenzie started the company together. And they worked side by side. When the company was big and they had four kids, MacKenzie took half the load (kids) and Jeff took half the load (work). Why do people assume Jeff will be doling out money to Mac...
Tags: Amazon, Money, Nbc, Microsoft, Careers, Bill Gates, Silicon Valley, Bill, Jeff Bezos, Usa Today, Melinda Gates, Jeff, Bezos, MacKenzie, Wired Magazine, MacKenzie Bezos


President Bolsonaro should boost Brazil’s entrepreneurial ecosystem

Romero Rodrigues Contributor Romero Rodrigues is a managing partner at Redpoint eVentures, the Brazilian-focused arm of the Silicon Valley venture firm Redpoint. More posts by this contributor Brazil’s fintech boom offers new vertical opportunities for investors Brazil’s tech-sector bright spots beckon as it begins to emerge from long economic crisis In late October following a significant victory for Jair Bolsonaro in Brazil’s p...
Tags: Amazon, Column, South Korea, Japan, Politics, Congress, Australia, Finance, Singapore, Tech, Chicago, United States, Chile, New York Times, President, Venture Capital


Marc Benioff struggled for most of last summer with his decision to keep Salesforce's controversial contract with the US Customs Border Patrol (CRM)

Marc Benioff struggled in deciding whether or not to keep Salesforce's contract with the Customs Border Patrol (CBP) after employee backlash last June, according to a recent interview with CNBC.  "[Employees] ask me questions I don't have the answer to and I don't have the authority or understanding to be able to opine on," Benioff said.  Ultimately, Benioff decided to keep the contract in place, though he vowed that in the future, an internal team focused on ethics would make these types...
Tags: Google, China, San Francisco, Trends, Silicon Valley, Pentagon, CBP, Salesforce, Cnbc, Marc Benioff, Business Insider, NDA, Benioff, Salesforce Tower, Jacinta Gonzalez, Customs Border Patrol


$445 billion flowed into startups in the last five years. Now it's threatening to upend one of Silicon Valley's most celebrated customs (SPOT, GOOGL)

The traditional initial public offering process may be in the process of being disrupted. Spotify went public last year using a different process and may soon be followed by enterprise software company Slack. Startups have good reasons to spurn regular IPOs — they're costly and time-consuming. Thanks to the massive amounts of money that have flowed into Silicon Valley in recent years, many companies are likely well positioned to go public a different way. The avalanche of money that's piled i...
Tags: Google, Spotify, Ipo, Trends, Silicon Valley, University of Florida, Wall Street Journal, Stewart Butterfield, Slack, Securities And Exchange Commission, National Venture Capital Association, Ritter, NVCA, PitchBook, Jay Ritter, Slack Startups


SoftBank spent $900 million in investment banking fees in 2018. The only entity it lagged — the People's Republic of China.

SoftBank spent $900 million in investment banking fees in 2018, more than any company in at least a decade. The People's Republic of China is the only entity to outspend the Japanese tech conglomerate. SoftBank has primarily paid fees to investment bankers to raise capital, but it also executed many high profile investments in companies like WeWork and Cruise Automation. If you didn't have SoftBank as an investment banking client in 2018, you missed out on one of the most massive and lucrativ...
Tags: China, Softbank, Trends, Alibaba, Gm, Citigroup, Deutsche Bank, Silicon Valley, Goldman Sachs, WeWork, Goldman, Coupang, Bayer, Nomura, Republic of China, Masayoshi Son


All of the major tech companies are going their separate ways, making things more difficult for regulators

Investors fell in love with a basket of stocks they called FAANG (for Facebook, Apple, Amazon, Netflix, and Google) and rode those investments up a tall curve for years. Policymakers and regulators found it convenient to paint a single big target on "the big tech platforms" as the spate of privacy- and election-related controversies since 2016 raised calls for government action. But the closer the government looks at the companies' problems, the harder it gets to settle on any one-size-fits-al...
Tags: Apple, Google, Amazon, Facebook, Europe, New York, Hollywood, Microsoft, Congress, Washington, Trends, Cisco, Eu, Netflix, Internet Association, Silicon Valley


Juul is spending $10 million on a TV ad campaign aimed at adults, amid criticism that its e-cigarettes get teens hooked

Juul, the popular e-cigarette company, announced it will be launching a $10 million TV advertisement campaign featuring ex-cigarette smokers who have made the switch to Juul's e-cigarettes. This comes after the company experienced a tumultuous year, as health officials and regulators criticized its use of social media ads and flavor options, considered to be aimed at underage teens.  Juul is pitching the commercials as aimed at adults who already have a nicotine habit, rather than encouraging ...
Tags: Instagram, Trends, Food And Drug Administration, Silicon Valley, Cnbc, Juul, Mimi, Twitter and Instagram, Twitter YouTube


Deutsche Bank is moving jobs out of the Sunshine State to India to cut costs

Deutsche Bank AG is offshoring around 60 accounting jobs out of Florida to India, Bloomberg reported on Friday, citing sources. The move comes as part of a larger shift by the struggling German lender to move back-office staff members to lower-cost countries. Deutsche Bank AG, which several years ago moved staff out of New York to cheaper US cities, is now shifting some of those those jobs to India. Germany's largest lender is relocating around 60 accounting positions to Mumbai from Jacksonv...
Tags: Florida, New York, India, New York City, US, Trends, Bloomberg, Frankfurt, Deutsche Bank, Silicon Valley, Goldman Sachs, Salt Lake City, Mumbai, Morgan Stanley, Panama, Jacksonville


A small number of banks profited from a SoftBank dealmaking bonanza in 2018 — one of the most lucrative fee opportunities in modern history

SoftBank spent $900 million in investment banking fees in 2018, more than any company in at least a decade. The People's Republic of China is the only entity to outspend the Japanese tech conglomerate. SoftBank has primarily paid fees to investment bankers to raise capital, but it also executed many high profile investments in companies like WeWork and Cruise Automation. If you didn't have SoftBank as an investment banking client in 2018, you missed out on one of the most massive and lucrativ...
Tags: China, Softbank, Trends, Alibaba, Gm, Citigroup, Deutsche Bank, Silicon Valley, Goldman Sachs, WeWork, Goldman, Coupang, Bayer, Nomura, Republic of China, Masayoshi Son


The U.S. continues to hammer Chinese tech

It’s another week, and another bevy of hits on Chinese tech by the U.S. government. Let’s get up to speed, plus a request for startup lawyer recommendations. TechCrunch is experimenting with new content forms. This is a rough draft of something new — provide your feedback directly to the author (Danny at [email protected]) if you like or hate something here. Venture capital’s leading advocate NVCA pushes for narrower restrictions on foreign investment Let’s start with the most exciting subj...
Tags: Asia, New York, Congress, Washington Post, Government, China, Boston, Softbank, America, Tech, Policy, United States, House, Venture Capital, Tencent, Silicon Valley



Filters
show more filters
November - 2018
MoTuWeThFrSaSu
   1234
567891011
12131415161718
19202122232425
2627282930  
December - 2018
MoTuWeThFrSaSu
     12
3456789
10111213141516
17181920212223
24252627282930
31      
January - 2019
MoTuWeThFrSaSu
 123456
78910111213
14151617181920
21222324252627
28293031