Posts filtered by tags: Silicon-valley[x]


Fresh tickets and New VC partners for the TechCrunch Winter Party

We’ve got a double dose of exciting news for you, startup fans. First, we’re thrilled to announce that investment firms August Capital, SV Angel and Uncork Capital have partnered with us for the 2nd Annual TechCrunch Winter Party at Galvanize on February 8. And second, today we released into the wild another fresh, though limited, batch of tickets. If you haven’t snagged a ticket to this Silicon Valley shindig, take heed. This is the fourth week we’ve released tickets, and they’ve been flying of...
Tags: TC, Business, San Francisco, Events, Blogs, Tech, Aol, Silicon Valley, TechCrunch, World Wide Web, Startup Company, Sv Angel, Galvanize, Winter Party, Tehama St San Francisco CA, TechCrunch Winter Party

Investors are pouring money into startups that want help us live longer, but they're all facing the same key challenge

Investors are pouring money into health startups that aim to beat aging. While some companies focus on creating drugs for age-related diseases like Alzheimer's and Parkinson's, others aim to address the more visible components of aging, such as muscle loss and skin health. But regulators have yet to define aging, meaning the path to treatments remains hazy. However, progress is being made, several executives told Business Insider. Here's what you should know. Investors are pouring money into ...
Tags: Trends, World Health Organization, Silicon Valley, National Institutes of Health, Fda, Nih, Business Insider, US Food and Drug Administration, European Medicines Agency, InSilico Medicine, Robert Temple, Kamens, Jeffords, Ben Kamens, Elizabeth Jeffords Alkahest

Google Says Data is More Like Sunlight Than Oil

Google wants to popularize a more upbeat way of describing data: It's more like sunlight than oil. From a report: Speaking at the World Economic Forum in Davos, Switzerland, on Tuesday morning, Google's chief financial officer, Ruth Porat, said that "data is more like sunlight than oil," adding, "It is like sunshine -- we keep using it, and it keeps regenerating." It's a twist on the well-known phrase "data is the new oil," meaning the world's most valuable resource is information rather than pe...
Tags: Google, Amazon, Tech, Silicon Valley, Ruth Porat, World Economic Forum, Davos Switzerland, Google Facebook

Employees at some of Silicon Valley's most valuable startups tell us that fears of a recession are throwing ice water on their IPO dreams

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: Apple, 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

Why US rightwing populists and their global allies disagree over Big Tech | Evgeny Morozov

The American wing of the movement sees Big Tech as a target of attack while populists in the rest of the world see it as their best chance of escaping intellectual hegemonyThe emerging global movement of rightwing populists is guilty of many things but ideological incoherence in choosing their enemies is generally not one of them. Whether it is Steve Bannon bashing Pope Francis, Matteo Salvini attacking the “do-gooders” in humanitarian NGOs or Marine Le Pen venting against the dull technocrats ...
Tags: Facebook, Technology, Media, Instagram, Social Networking, US, Spain, Silicon Valley, Brussels, Vox, Evgeny Morozov, Cambridge Analytica, Steve Bannon, Pope Francis Matteo Salvini

Google says data is more like sunlight than oil, just 1 day after being fined $57 million over its privacy and consent practices

Google's chief financial officer Ruth Porat said data is more like sunlight than oil. It's an upbeat twist on the phrase 'data is the new oil', which implies information is finite. Porat said Google was using data for positive developments, like diagnosing breast cancer. Her comments at the World Economic Forum come a day after Google was hit with a $57 million fine by French authorities over its data collection practices. Google wants to popularise a more upbeat way of describing data: it's ...
Tags: Google, Amazon, Europe, France, US, Trends, Silicon Valley, Jeff Bezos, Ruth Porat, World Economic Forum, Porat, Google Facebook

Facebook is restructuring its augmented-reality glasses division as it inches closer to launch (FB)

Facebook is moving hundreds of employees to a new product-focused augmented-reality group as it continues to quietly develop AR glasses. The employees are being moved out of the research-driven Facebook Reality Labs and into a new specialized team overseen by two key hardware execs, Business Insider has learned. A Facebook representative said the company was working on multiple AR hardware products that might not all ultimately launch. A source who has tried a prototype of the glasses on said ...
Tags: Facebook, Mark Zuckerberg, Microsoft, Trends, Silicon Valley, Randall, Signal, Business Insider, Michael Abrash, Bosworth, Kirkpatrick, AR VR, Ficus Kirkpatrick, Facebook Reality Labs, Rafa Camargo, Ryan Cairns

Microsoft CEO Satya Nadella describes 2 new kinds of software that will 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 be designed to anticipate problems (like something break...
Tags: Microsoft, China, Satya Nadella, Trends, Silicon Valley, Nadella

Office space platform Hubble procures Series A funding

London-based Hubble, an online platform for flexible office space, has secured 4 million pounds in Series A funding. JLL Spark led the round. PRESS RELEASE Monday, January 21, 2019 – LONDON: Hubble, the online platform for flexible office space, has secured £4 million in Series A financing from a group of industry-leading investors, spearheaded by JLL Spark Global Venture Fund. The London headquartered platform was founded in 2014 and is now one the UK’s fastest growing technology companies, pla...
Tags: Google, Europe, UK, London, Trends, Hubble, Silicon Valley, WeWork, Clifford, Zipcar, Colliers, San Francisco California, Rohan Silva, Hearn, JLL, Ministry of Sound

France fines Google nearly $57 million for first major violation of new European privacy regime

France's top data privacy agency said that Google failed to fully disclose to users how their personal information is collected and what happens to it. The Silicon Valley giant also did not properly obtain users’ consent for the purpose of showing them personalized ads, the watchdog agency said.
Tags: Google, Business, News, France, Silicon Valley, Nation & World

Help Wanted: Written Analysis and Curation from an Operator Perspective

To continue Geek Estate’s long standing “for operators, by operators” perspective, I’m seeking operators with broad & diverse experiences to provide written analysis and curation for the Geek Estate Mastermind in 2019. Contributing could be as lightweight as sourcing a couple links and commentary for the Weekly Radars, one long form article a month, or even one per quarter. Heck, it could even be one article per year. If you’d like to see samples of the writing & curation seen in 2018, they are ...
Tags: New York, Jobs, Ge, Radio, Silicon Valley, Detroit, Greg, Little Rock, Seattle San Francisco, Geek Estate Members, Weekly Radars

A Guide to M&A Representations and Warranties Insurance in Mergers and Acquisitions

By Richard D. Harroch, David E. Weiss, and Richard V. Smith There is a significant emerging trend in the use of M&A representations and warranties insurance in mergers and acquisitions of privately held companies. Both strategic acquirers and private equity buyers have gotten increasingly comfortable in using such insurance for their acquisitions, providing meaningful benefits to both the buyer and seller in an acquisition. As a prelude, representations and warranties by a seller are key compone...
Tags: Court, Sales, America, San Francisco, Aig, David, United States, Silicon Valley, Richard, Wall Street Journal, Company, Orrick Herrington Sutcliffe, The Company, Court of Appeals, Reed Smith LLP, Richard D Harroch

EU's antitrust cop lays groundwork for more tech scrutiny

COPENHAGEN, Denmark (AP) — Silicon Valley's notorious nemesis, Margrethe Vestager, plans to end her term as the European Union's antitrust enforcer this year with a bang, laying out a long-term plan to intensify scrutiny of the world's... [Author: [email protected]]
Tags: Business, Eu, European Union, Silicon Valley, Margrethe Vestager, Copenhagen Denmark

EU's Vestager, Silicon Valley nemesis, doesn't shy from tech

COPENHAGEN, Denmark (AP) — The European Union's competition commissioner, Margarethe Vestager, has made her name challenging Silicon Valley tech companies. But the Danish politician isn't exactly a luddite when it comes to using technology... [Author: [email protected]]
Tags: Business, Eu, Silicon Valley, Copenhagen Denmark, Margarethe Vestager, Vestager Silicon Valley

Leaked numbers reveal massive revenue growth at $3 billion Google-backed startup UiPath (GOOGL)

UiPath, an artificial intelligence company backed by Google and Sequoia, will soon hit $200 million annual recurring revenue, sources told Business Insider. Though founded in 2005, the company had just $3.5 million in ARR in 2016.  The company, which is backed by Accel, CapitalG and Sequoia, was last valued at $3 billion in a September funding round. The buzzy and well-funded $3 billion artificial intelligence startup UiPath will soon hit $200 million in annual recurring revenue, sources told...
Tags: Google, Lyft, US, Trends, David, Army, Romania, Silicon Valley, Accel, Sequoia, Internal Revenue Service, ARR, UiPath, PitchBook Alphabet

A Poker-Playing Robot Goes To Work for the Pentagon

In 2017, a poker bot called Libratus made headlines when it roundly defeated four top human players at no-limit Texas Hold 'Em. Now, Libratus' technology is being adapted to take on opponents of a different kind -- in service of the US military. From a report: Libratus -- Latin for balanced -- was created by researchers from Carnegie Mellon University to test ideas for automated decision making based on game theory. Early last year, the professor who led the project, Tuomas Sandholm, founded a...
Tags: US, Tech, Army, Silicon Valley, Pentagon, US Army, Carnegie Mellon University, Tuomas Sandholm, Libratus, Defense Innovation Unit, Texas Hold Em Now Libratus

We Have Met the Problem. Guess Who?

Here is chapter I contributed to the Hackademic 2018 book, Anti-Social Media?: The Impact on Journalism and Society. I’ve used various ideas in this in other posts recently. I’m leaving the British  spelling because it just might make me seem smarter.  In all the urgent debate about regulating, investigating, and even breaking up internet companies, we have lost sight of the problem we are trying to confront: not technology but instead human behaviour on it, the bad acts of some (small)...
Tags: Google, Facebook, Europe, Publishing, Germany, Uncategorized, Eu, Spain, Society, Silicon Valley, Luther, BetaWorks, John Borthwick, Google News, New York University, Erasmus

A Guide to M&A Representations and Warranties Insurance in Mergers and Acquisitions

By Richard D. Harroch, David E. Weiss, and Richard V. Smith There is a significant emerging trend in the use of M&A representations and warranties insurance in mergers and acquisitions of privately held companies. Both strategic acquirers and private equity buyers have gotten increasingly comfortable in using such insurance for their acquisitions, providing meaningful benefits to both the buyer and seller in an acquisition. As a prelude, representations and warranties by a seller are key compone...
Tags: Court, Sales, America, San Francisco, Aig, David, United States, Silicon Valley, Richard, Wall Street Journal, Company, Orrick Herrington Sutcliffe, The Company, Court of Appeals, Reed Smith LLP, Richard D Harroch

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

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

The $72 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 such as healthcare, transportation, and media. A huge ...
Tags: US, San Francisco, Trends, Palo Alto, Canada, Silicon Valley, Lightspeed, Comcast Ventures, Bay Area, Ontario, Yang, Felix Paul Studios, Lerer Hippeau, OMERS Ventures, Michael Yang, Uber Lyft China

Oracle Systematically Underpaid Thousands of Women, Lawsuit Says

Thousands of women were systematically underpaid at Oracle, one of Silicon Valley's largest corporations, according to a new motion in a class-action complaint that details claims of pervasive wage discrimination. From a report: A motion filed in California on Friday said attorneys seek to represent more than 4,200 women and alleged that female employees were paid on average $13,000 less per year than men doing similar work. An analysis of payroll data found disparities with an "extraordinarily ...
Tags: Google, California, Tech, Silicon Valley, Redwood Shores

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, chief technology officer Mike Schroepfer said the company has drawn up fresh guidelines for internal discussions. Much of the rules apply to Workplace, Facebook's internal communication app, which the company is investing in stronger moderation tools for. The changes come amid falling employee morale and some employee criticism of Facebook's poli...
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

How this woman went from a $20,000 a year Trader Joe's job to a well-paid programmer at a San Francisco startup

A few years ago, Dora Korpar was a college grad working at a low-paying job. Today, she's a programmer at a San Francisco startup making good money and looking at a bright future. She changed her life after a college friend told her he landed a job at Apple by teaching himself to code. Korpar offers tips on how anyone can learn to code, then land a job. Nearly four years ago, Dora Korpar was adrift. She had finished college with a degree in biology and discovered that she didn't really want b...
Tags: Apple, Minnesota, San Francisco, Trends, Linkedin, Cbs, Silicon Valley, Docker, Joe, Marie Kondo, Scality, Ne Yo, Steve Wozniak, Holberton, Holberton School, CIRR

TechCrunch Conversations: Direct listings

Last April, Spotify surprised Wall Street bankers by choosing to go public through a direct listing process rather than through a traditional IPO. Instead of issuing new shares, the company simply sold existing shares held by insiders, employees and investors directly to the market – bypassing the roadshow process and avoiding at least some of Wall Street’s fees. That pattens is set to continue in 2019 as Silicon Valley darlings Slack and Airbnb take the direct listing approach. Have we reach...
Tags: Amazon, TC, Spotify, NYC, Finance, Government, Ipo, Funding, US, Tech, Banking, Policy, Netflix, Pandora, Zynga, Credit Suisse

SUSE Named "Gold Sponsor" of @CloudEXPO Silicon Valley | @SUSE #Cloud #CIO #Linux #DevOps #SmartCities

SUSE is a German-based, multinational, open-source software company that develops and sells Linux products to business customers. Founded in 1992, it was the first company to market Linux for the enterprise. Founded in 1992, SUSE is the world's first provider of an Enterprise Linux more
Tags: Software, Silicon Valley, SUSE Cloud CIO Linux DevOps SmartCities

Cisco CEO Chuck Robbins tells us how he led the $200 billion company to growth when everybody expected it to get crushed in the cloud wars (CSCO)

When John Chambers announced his retirement as CEO of Cisco, he hand-picked Chuck Robbins to be his successor. And when Robbins officially took over, he called his shot: Under his leadership, Cisco would move faster — much faster — to stay ahead of the changing times.  At the time, Cisco was still a Silicon Valley powerhouse, but doubts were beginning to swirl. Companies were moving to Amazon's cloud, or Microsoft's, or Google's, in a trend that's only accelerated in the years since. And the mo...
Tags: Google, Amazon, Microsoft, Satya Nadella, Trends, Cisco, Silicon Valley, Huawei, Chambers, Amazon Web Services, Idc, Cto, Robbins, Meraki, Wilmington Delaware, UNC Chapel Hill

Welcome to the abnormalization of transportation

Bill Goodwin Contributor Share on Twitter Bill Goodwin is the head of legal policy at Airmap. Tyler Finn Contributor Tyler Finn is the policy manager at Factual. Something odd is in motion in Los Angeles. On a recent day at the office, colleagues debated the merits of the Boring Company’s proposal to alleviate Dodger traffic via levitating tunnel pods. I stepped out for coffe...
Tags: TC, Column, Florida, California, La, Los Angeles, Tech, Arizona, Beverly Hills, Silicon Valley, Department Of Transportation, Megabus, Dot, Cabin, Airmap, Bay Area

This is what a workday looks like for a CEO who runs his entire 40-employee tech company from a farm in New Zealand

Christian Mairoll is the CEO of Emsisoft — a company with no offices, where every single employee works remotely.  Mairoll now lives in New Zealand, where he manages employees in the U.S. and Europe in the early morning, and employees in Asia in the late afternoon. During midday, his work quiets down, so he'll take time to check on his sheep and chickens, do some gardening with his wife, or even go to the beach. For people looking to start a remote company, Mairoll advises them to hire emplo...
Tags: Google, Asia, Europe, Russia, Trends, Austria, New Zealand, Siberia, Silicon Valley, Marie Kondo, Emsisoft, Mairoll, Christian Mairoll, New Zealand Mairoll, Silicon Valley Ultimately Mairoll

Oracle systematically underpaid thousands of women, lawsuit says

Class action alleges female workers were paid average of $13,000 less per year than men doing similar jobsThousands of women were systematically underpaid at Oracle, one of Silicon Valley’s largest corporations, according to a new class-action complaint that details claims of pervasive wage discrimination.A lawsuit filed in California on Friday seeks to represent more than 4,200 women and alleges that female employees were paid on average $13,000 less per year than men doing similar work. An ana...
Tags: Gender, Technology, California, US news, Silicon Valley, Oracle

A Silicon Valley company just launched 'smart' cancer pills that track you with tiny sensors stamped into your medications

A digital medicine company called Proteus makes 'smart pills' embedded with sensors that tell your doctor when you've taken your medication. The pills also track activity levels. Backed by big name investors like Novartis, Proteus debuted the first medication made with the technology — a form of the depression and schizophrenia drug Abilify — in 2017. Now, Proteus is expanding into cancer. Still, the research on whether the pills actually help patients take their medications when they should r...
Tags: Minneapolis, Trends, Earth, Food And Drug Administration, Silicon Valley, Novartis, Fairview Health Services, University of Minnesota, JAMA Internal Medicine, Business Insider Those, Novartis Proteus, Edward Greeno, University of Minnesota Health, Business Insider Pills, Greeno