Posts filtered by tags: Silicon-valley[x]


House may curb power of Facebook, Google, Amazon, Apple

By MARCY GORDON | Associated Press WASHINGTON — A House panel pushed ahead Wednesday with ambitious legislation that could curb the market power of tech giants Facebook, Google, Amazon and Apple and force them to sever their dominant platforms from their other lines of business. Conservative Republican lawmakers haggled over legislative language and pushed concerns of perceived anti-conservative bias in online platforms but couldn’t halt the bipartisan momentum behind the package. The drafting s...
Tags: Apple, Amazon, Business, Politics, Technology, News, Microsoft, Obama, Congress, Washington, Senate, US, Sport, Joe Biden, Soccer, House

Edtech startups and VCs rally around a memo of their own

Outschool founder Amir Nathoo has a message to the edtech sector, which recently found itself under a spotlight thanks to the pandemic: Add your voice, and don’t try to always appear neutral. The founder of the unicorn business penned a statement, co-signed by other edtech leaders, promoting the continuance of teachers being allowed to teach critical race theory in classrooms across the country. The learning framework, which has been the subject of recent legislative debate, covers the acknowl...
Tags: TC, Tech, Racism, United States, Silicon Valley, Ev Williams, Edtech, Jim Crow, Coinbase, Medium, Sara Mauskopf, Basecamp, Joanna Smith, Black America, Brian Armstrong, Quizlet

Dear Sophie: What options would allow me to start something on my own?

Sophie Alcorn Contributor Share on Twitter Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Dear Sophie: Is it possible to expand our startup in the US? Dear Sop...
Tags: Startups, TC, Column, California, US, Tech, Diversity, United States, Silicon Valley, Lawyers, Delaware, H-1b Visa, Alcorn, Green Card, Immigration Law, Gorbis

Campaigners warn of an 'algorithm-driven censorship' future if UK Online Safety Bill gets through Parliament

MPs and activists join forces to fight 'dangerous' legal threat MPs and anti-censorship campaigners have warned that the British government's Online Safety Bill "mistakes the medium for the message" and will result in algorithms censoring anyone who posts something on social media that could get a Silicon Valley company into trouble.…

In its first funding in 7 years, profitable fintech Lower raises $100M Series A led by Accel

Lower , an Ohio-based home finance platform, announced today it has raised $100 million in a Series A funding round led by Accel. This round is notable for a number of reasons. First off, it’s a large Series A even by today’s standards . The financing also marks the previously bootstrapped Lower’s first external round of funding in its seven-year history. Lower is also something that is kind of rare these days in the startup world: profitable. Silicon Valley-based Accel has a history of b...
Tags: Fundings & Exits, Startups, Real Estate, Finance, Funding, Tech, Banking, Software, United States, Computing, Venture Capital, Ohio, Silicon Valley, Detroit, Columbus, Allstate

Holy Grail raises $2.7M seed fund to create modular carbon capture devices

The founders of Holy Grail, a two-year old startup based in Cupertino, California, are taking a micro approach to solving the outsized problem of capturing carbon. The startup is prototyping a direct air carbon capture device that it is modular and small — a departure from the dozens of projects in the U.S. and abroad that aim to capture CO2 from large, centralized emitters, like power plants or industrial facilities. Holy Grail co-founder Nuno Pereira told TechCrunch that this approach will red...
Tags: Startups, Science, Climate Change, Funding, Tech, Cruise, Venture Capital, Private Equity, Silicon Valley, Voyage, GreenTech, Seed Funding, Pereira, Ian Hogarth, Cupertino California, Kyle Vogt

Investor Marlon Nichols and Wonderschool’s Chris Bennett on getting to the point with a pitch deck

Before our conversation on Extra Crunch Live, Marlon Nichols dropped a bomb on me. The MaC Venture Capital founding managing partner hadn’t actually seen Wonderschool’s original pitch deck before investing in the remote education startup. Our conversation with the company’s CEO, Chris Bennett was the first time he’d been through the seed-stage deck. Their partnership was a bit of Silicon Valley luck, good timing and some old fashioned networking. “He was a part of an organization that was helpin...
Tags: Startups, Education, Funding, America, Tech, Facebook Messenger, Venture Capital, Silicon Valley, Chris, San Francisco Bay Area, Nichols, Bennett, Chris Bennett, Marlon Nichols, Wonderschool, MaC Venture Capital

On the Dynamo and Email

In an article about remote work that I wrote for the New Yorker last year, I pointed to an underground classic research paper titled “The Dynamo and the Computer: An Historical Perspective on the Modern Productivity Paradox.” It was written by a Stanford economist named Paul David, and published in the American Economic Review in 1989. In the article, David performs a close study of the adoption of electric dynamos in factories at the turn of the twentieth century. With the benefit of hindsight...
Tags: College, Stanford, Uncategorized, David, Silicon Valley, Dynamo, American Economic Review, Paul David

If you love voice messaging, you’ll love Squad

Squad used to be an app that connected people with similar interests for in-person meetups. Then the coronavirus pandemic hit. While most social apps thrived under these conditions — people craved digital connection more than ever — Squad couldn’t operate. Founder Isa Watson didn’t know how long the world would be in shutdown. Instead of waiting for a return to normalcy, she shifted the scope of the app entirely.   Today, Squad relaunches as an audio-based social app that aims to help users...
Tags: Facebook, Apps, Instagram, Imessage, US, Social Media, Tech, Whatsapp, Software, United States, Computing, Venture Capital, Squad, Watson, Silicon Valley, Isa

Chinese sellers on Amazon in hot demand by VCs and e-commerce roll-ups

Chinese merchants selling on Amazon are having a moment. The scruffy exporters are used to roaming about suburban factory areas and dealing with constant cash flow strain, but suddenly they find themselves having coffee with top Chinese venture capital firms and investment representatives from internet giants, who come with big checks to hunt down the next Shein or Anker. While VCs can provide the money for them to scale quickly, many lack the expertise to help on the strategic side. This is whe...
Tags: Amazon, TC, Ecommerce, Asia, Europe, France, China, Southeast Asia, Brand, Tech, E-commerce, Online Shopping, Netherlands, Poland, Silicon Valley, Online Retail

Afro Fem Coders: How I got Silicon Valley mentors to help Uganda's coders

Gloria Tumushabe is the founder of Afro Fem Coders which aims to teach Ugandan women how to code.
Tags: News, Uganda, Silicon Valley, Gloria Tumushabe

Tesla to Hold AI Day in 'About a Month' for Hiring - Musk

(Reuters) - Tesla Inc chief Elon Musk is considering holding an AI Day in about a month, where the Silicon Valley billionaire will showcase the...
Tags: Elon Musk, Silicon Valley, Reuters Tesla Inc

Can the military academies compete with Stanford and Harvard in venture? Two veterans are raising $50M to find out

Soldier-entrepreneurs are unfortunately still a rare breed in Silicon Valley, despite the region’s origins in Cold War defense spending. While the courage and perseverance required to fight in an overseas battlefield (or the office bureaucracy on base) would seem a perfect fit for the travails of the founder, the reality is that the journey from solider to CEO is a long and arduous transition. A couple of organizations have popped up over the years to make the leap easier. For instance, Patriot ...
Tags: West Point, Navy, Stanford, Government, Virginia, Iraq, New York City, Tech, Department Of Defense, Chicago, Harvard, Williams, Fema, Venture Capital, Silicon Valley, Dc

The Station: Waymo nabs more capital, Cruise taps a $5B credit line and hints about Argo’s future

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to Point B. A few Extra Crunch items highlight before we jump into things. This week, we published an interview with Refraction AI co-founder and CTO Matthew Johnson-Roberson as part of an ongo...
Tags: Google, Amazon, Transportation, Electric Vehicle, Europe, UK, Microsoft, Australia, California, Washington, China, San Francisco, Tech, Tesla, Austin, Cruise

Tabby Buy Now Pay Later #Dubai Fintech Gets Debt Financing for Expansion - Bloomberg

A Dubai-based buy-now, pay-later company secured one of the largest debt facilities for a fintech startup in the Middle East and North Africa.Underscoring the growing interest from international investors in the regional fintech sector, Silicon Valley-based Partners for Growth will provide $50 million in debt financing to tabby to help expand its business. The size of the facility may increase as the company becomes larger over time, according to a statement. “tabby is one of the faste...
Tags: Travel, Hong Kong, Australia, San Francisco, Adidas, Bloomberg, Middle East, Dubai, Ikea, Silicon Valley, Arbor Ventures, Tamara, Mena, North Africa, Rupert Neil Bumfrey, Hambrecht Quist

A day in the life of a Twitter exec in Singapore, who fits in an hour of 'me time' during his workday and doesn't plan on going back to the office full-time

Arvinder Gujral doesn't plan on going back to the office full-time post-pandemic. Arvinder Gujral Arvinder Gujral is Twitter's managing director for Southeast Asia, based in Singapore. Gujral says he developed a healthier lifestyle in the pandemic and he doesn't plan on going back to the office full-time. He fits in a workout before his morning meetings and sets aside an hour each day to read or write fiction. See more stories on Insider's business page. Arvinder Gujral...
Tags: Asia, Twitter, Southeast Asia, Singapore, India, International, Trends, Features, Asia Pacific, Harry Potter, Silicon Valley, Npr, The New York Times, Michael Lewis, CNA, Dole

I spent 3 weeks talking to realtors across the country about how to navigate the chaotic real estate market. Here are my 4 biggest takeaways about homebuying.

Real estate sales have been booming during the pandemic as many Americans migrated out of big cities or upgraded to larger homes. SDI Productions/Getty Images I spent weeks talking with realtors from across the country about the chaotic market. They shared their best tips on what to know in advance and how to win a bidding war. I found four major takeaways, including that buying too quickly could lead to regret. See more stories on Insider's business page. Last year, during the initi...
Tags: US, Trends, Austin, Silicon Valley, North Carolina, Northern California, Don, South Florida, Bankrate, Clemmons, Sereno, Avery Hartmans, Taylor Borden, Mary Pope Handy, Allison James Estates Homes, Waeiss

AI CLM Platform Lexion Raises $11M; Targeting Smaller Corporations

Positioning itself as offering a simpler and more affordable AI-driven contract management system for mid-market corporate enterprises, startup Lexion has raised $11 million in an oversubscribed Series A round. When combined with its seed round of $4.2 million, total funding for the company is now $15.2 million. The Seattle-based company says its product is intuitive and easy to deploy, while backed by cutting-edge natural language processing developed by a team with deep technical expertise in ...
Tags: Amazon, Microsoft, Law, Uncategorized, Paul Allen, Gartner, Silicon Valley, Seattle, Khosla, Khosla Ventures, Vinod Khosla, Cto, Madrona Venture Group, Sun Microsystems, Oberoi, Allen Institute

Unit raises $51M in Accel-led Series B to grow its banking-as-a-service platform

We’ve all heard the phrase, “Every company is a fintech.”  But these days, that’s becoming more and more true as an increasing number of companies that are not even in the financial services space seek to add a fintech component to their offering. A group of startups poised to benefit from this shift are those offering banking as a service. One such startup, Unit , has raised $51 million in a Series B round to further its goal of making it possible for companies and fintechs alike to bui...
Tags: Fundings & Exits, Startups, Amit Kumar, Finance, Funding, Tel Aviv, Tech, Venture Capital, Silicon Valley, Payments, Fintech, Accel, Unit, Recent Funding, Itai Damti, Doron Somech

A Senate proposal for a new US agency to protect Americans’ data is back

Democratic Senator Kirsten Gillibrand has revived a bill that would establish a new U.S. federal agency to shield Americans from the invasive practices of tech companies operating in their own backyard. Last year, Gillibrand (D-NY) introduced the Data Protection Act, a legislative proposal that would create an independent agency designed to address modern concerns around privacy and tech that existing government regulators have proven ill-equipped to handle. “The U.S. needs a new approach to pri...
Tags: TC, Europe, Congress, Senate, US, Tech, Policy, Regulation, United States, House, Ohio, Silicon Valley, Kirsten Gillibrand, Federal Trade Commission, Data Security, Ftc

'Cash is king': Buyers who can liquidate high-yield assets are boxing first-time homeowners out of the hectic real estate market, real estate agents say

Smith Collection/Gado/Getty Images Waiving appraisal contingencies has become a popular tactic for winning a bidding war. That means if an appraisal falls short, the buyer is on the hook for coming up with the extra cash. This is making it more challenging for first-time homebuyers to find a house, realtors say. See more stories on Insider's business page. If you want to nab a home in today's wild real estate market, you better have tons of cash, realtors say. Prices have risen, i...
Tags: Google, New York, California, Washington Post, Trends, Austin, Silicon Valley, San Jose, Northern California, South Florida, Pierre, Facebook Apple, Sereno, Avery Hartmans, Getty Images Prior, West Hempstead New York

School teacher accused of pocketing $1m+ in insider trading using tips from Silicon Valley pal

One of six guys charged over Infinera, Fortinet securities A teacher who knew too much about some of Silicon Valley's financial figures has been charged with insider dealing by the US Securities and Exchange Commission, along with five alleged accomplices.…
Tags: Software, Silicon Valley, US Securities and Exchange Commission

The SEC charged 6 people operating a Silicon Valley insider trading ring that made nearly $2 million

Jonathan Ernst/Reuters The SEC charged six people with insider trading, busting a $1.7 million Silicon Valley ring. A revenue officer for San Jose-based Infinera allegedly passed insider information to his best friend. "Insider trading is part of my investment strategy," one defendant boasted on an internet message board. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The SEC charged six people with insider trading this week, busting a Silicon Valley ring that ...
Tags: Trends, Markets, Hawaii, SEC, Silicon Valley, San Francisco Giants, San Jose, Stock Market, Stock Trading, Reuters, Insider Trading, Brown, Fortinet, Nathaniel Brown, Jonathan Ernst, Wylam

Dear Sophie: Is it possible to expand our startup in the US?

Sophie Alcorn Contributor Share on Twitter Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Dear Sophie: What is a diversity green card and how do I apply for one? ...
Tags: Startups, Column, California, US, Tech, Diversity, Joe Biden, Iran, Policy, United States, Silicon Valley, State Department, Lawyers, Biden, Tehran, H-1b Visa

Self-driving trucks startup Kodiak Robotics snags investment, partnership from Bridgestone

Tire-making giant Bridgestone has taken a minority stake in Kodiak Robotics, the Silicon Valley-based startup developing autonomous trucks, as part of a broader partnership to test and develop smart tire technology. While the terms of the deal weren’t disclosed, Kodiak Robotics co-founder and CEO Don Burnette told TechCrunch that this is a direct financial investment. Bridgestone CTO Nizar Trigui has also joined the Kodiak board as an observer. The deal involves more than capital. The two compan...
Tags: Transportation, Asia, Tech, Automotive, Dallas, Silicon Valley, Autonomous Vehicles, Houston, Self-driving Trucks, Kodiak, BRIDGESTONE, Mountain View California, Burnette, Don Burnette, Kodiak Robotics, Bridgestone CTO Nizar Trigui

Every startup needs an in-house senate

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. For this week’s deep dive, Natasha and Danny unpacked the Expensify EC-1, which includes a ton of surprises, building tips, and, as we discuss in the show, some life lessons as well. This is our largest EC-1 to date, and is the result of six months of prodigious work from the inimitable Anna Heim. Of course, we had to add our Equity spin on the feature and boiled d...
Tags: Apple, TC, Tech, SaaS, Silicon Valley, Michigan, Travis Kalanick, EC, Equity, Expensify, Danny, Natasha, Heim, EC-1, Anna Heim, Twitter @equitypod Until Friday Equity

5 things you need to know about Big Tech’s new nemesis — FTC chair Lina Khan

Big tech has a new threat to its market dominance: FTC chairwoman Lina Khan. President Joe Biden appointed Khan chair of the Federal Trade Commission on June 15, putting a prominent proponent of breaking up monopolies in charge of the competition regulator. “I look forward to working with my colleagues to protect the public from corporate abuse,” Khan said in a statement. Progressives have heralded the appointment as an opportunity to rein in the increasing power of Silicon Valley, which will be...
Tags: Startups, Tech, Joe Biden, Silicon Valley, Khan, Federal Trade Commission, Ftc, Insider, Lina Khan

Payments Giant Stripe Saw Major Uptake of Staff Offer To Move With 10% Pay Cut

Stripe saw "major uptake" of the unusual offer it made to staff during the pandemic: Leave high-cost cities like New York and San Francisco and take a $20,000 bonus to boot. The catch? Workers had to consent to a 10% cut to their base compensation. From a report: "We saw pretty major uptake," John Collison, Stripe's co-founder and president, said Tuesday on Bloomberg Television. "There were a lot of people where they took advantage of all the remote working that was going on last year to be able...
Tags: New York, San Francisco, Tech, Silicon Valley, Dublin, Bloomberg Television, Collison, John Collison

Tech Was About Disruption. Now It’s “Build Better”?

Taken seriously, the essay seemed to be suggesting an entirely new version of Silicon Valley: a movement away from making software to support existing institutions, and toward creating the institutions themselves. – The New Yorker
Tags: Art, Ideas, Silicon Valley, 06.14.21

San Jose mayor: Gun owners should cover the cost of gun violence

My gun control proposals include two measures that no other city nor state in the United States has ever tried: mandatory gun insurance to support victims, and mandatory gun fees to compensate taxpayers, writes Sam Liccardo. As with many other Silicon Valley innovations, we intend to implement and test these ideas, learn from our mistakes, improve, iterate and provide a platform for others to scale them to benefit their own communities.
Tags: Cnn, United States, Silicon Valley, San Jose, Sam Liccardo