Articles about silicon valley

Getting shafted the Silicon Valley way

Recap If there was one standout moment from the latest episode of tech satire Silicon Valley it would have to be when our eponymous hero finds out he is being shafted by his new CEO while in the background a thoroughbred horse is literally shafted by a white stallion. Subtle? No. Hilarious? Yes. And so our favorite valley TV show …

Silicon Valley, season 3: CEO Richard learns humility, tech style

Recap While everyone was getting excited about a sexy witch turning into a distinctly unsexy witch over on Game of Thrones, the true nerds tuned in last night to catch the season 3 opener of Silicon Valley – Mike Judge's caustic and hilarious satire on our favorite den of disruption. It did not disappoint. It's been nearly a year …
Kieren McCarthy, 26 Apr 2016

SEC chair blasts Silicon Valley for its hokey valuations

The chair of the US Securities and Exchange Commission (SEC) has given Silicon Valley a poke in the eye concerning its over-valuation of tech stocks. Speaking at Stanford University in the heart of Silicon Valley, Mary Jo White warned that the federal regulator did not look kindly on the wild – and wildly inaccurate – self- …

New-economy poster child LivingSocial slashes staff amid another startup collapse

In a sign that the long-anticipated tech shakeout has begun in earnest, poster child for the new economy LivingSocial has announced it is slashing its workforce in half. At the same time, yet another food-delivery startup, SpoonRocket, has closed its doors and sold itself to competitor Sprig. The result, according to a Wall …
Kieren McCarthy, 16 Mar 2016

Silicon Valley VCs ranked one to 100

Silicon Valley's top 100 venture capitalists have been ranked and the results posted online, sparking an ego explosion in Northern California. Startup tracking company CB Insights has been working with The New York Times for a few months in an effort to rank the moneymen. In order to do so, they came up with the very-Valley …
Kieren McCarthy, 14 Mar 2016

Rocky times for startups: Mutual funds devalue and VCs turn off money hose

Silicon Valley startups are facing a tough quarter as funders wait to see if a tech crash is on its way. Tech stocks have taken a battering this year, doing far worse than the overall market, and there have been numerous signs that the ludicrous over-valuations of tech companies – especially the so-called "unicorns" – are …
Kieren McCarthy, 11 Mar 2016

You're fired! No – you're acquired! Reality TV hits Silicon Valley startups

First comes satire then something that makes satire impossible. To be fair, it's been a long time coming, but Silicon Valley is about to gets its own reality TV show and it's going to star Jason Calacanis. Who? You know, Jason Calacanis, the poor man's Marc Cuban. And it's a good choice, since Jason embodies everything that …

Yelp minimum wage row shines spotlight on … broke, fired employee

Comment Long before its customer service rep Talia Jane wrote a blog post about how her monthly wage wasn't enough to live on, Yelp has enjoyed a reputation for unethical behavior. The publicly listed ratings company is reported to the Federal Trade Commission (FTC) on average every two days, typically by small business owners who see …
Kieren McCarthy, 24 Feb 2016

Your xenophobia is killing us, Silicon Valley warns US Congress

A slew of Silicon Valley leaders have warned US Congress that changes to visa waiver rules for entering the United States are impeding business. The open letter is signed by more than 30 industry heads including the chairmen, CEOs and founders of Twitter, Paypal, Uber, Pixar, Dropbox, Zynga, Pinterest and eBay, among others. …
Kieren McCarthy, 23 Feb 2016

Coding is more important than Shakespeare, says VC living in self-contained universe

Close on the heels of Marc Andreessen's anti-colonialism comments about India, a second billionaire Silicon Valley VC has exploded his ego all over the internet. But whereas Andreessen's offensive comments were restricted to a 140-character tweet, Vinod Khosla has written over 5,000 words to explain why kids should learn …
Kieren McCarthy, 13 Feb 2016

Girls! Girls! Girls! Intel brags about diversity push, Silicon Valley tells itself it's doing great

One year on from a public promise, Intel has the rare distinction of actually coming good on its gender equality issues. On Wednesday, the chip giant announced it had surpassed its goal of 40 per cent of new hires being female, taking on 43.1 per cent women in 2015: a near doubling of its previous year's tally. The company …
Shouting match

How hard can it be to kick terrorists off the web? Tech bosses, US govt bods thrash it out

Senior US government executives and Silicon Valley's tech captains are sitting down together in San Jose, California, on Friday to try and sort out a way to combat terrorism online. The meeting, will include Attorney General Loretta Lynch, FBI Director James Comey, National Intelligence Director James Clapper and National …
Iain Thomson, 8 Jan 2016

Monster fund manager sticks pin in Silicon Valley's unicorn bubble

One of the United States' largest fund managers has pricked the bubble of Silicon Valley by suggesting that today's enormous tech valuations are not realistic. Will Danoff of Contrafund – a retirement fund of Fidelity Investments that boasts $111 billion invested – has warned that his faith in so-called "unicorns" is not high …

From $6bn to $4.2bn to $2.9bn: Square's ever shrinking unicorn horn

Analysis Silicon Valley is going to see just how much of its own hype has transferred to Wall Street Thursday with a rare IPO of one of its "unicorns" – companies that venture capitalists have valued at over $1 billion. The credit card reader company Square – which has yet to turn a profit – will be selling a portion of its shares at a …
Kieren McCarthy, 19 Nov 2015

Google's new squeeze: Brotli compression open-sourced

Google wants to bring to life the HBO series Silicon Valley: it's pitching a new open source compression algorithm into the world, with the hope that it can eventually end-of-life the venerable Deflate. Brotli (“small bread” in Swiss German, apparently) follows on from Zopfli (“little braid,” also bread-themed), but with …
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The good burghers of Palo Alto are entirely insane

Worstall @ the Weekend El Reg treated us last weekend to the tale of the Buena Vista Mobile Home Park in Palo Alto, where the owner has a small ethical dilemma to deal with. The 4.5 acre site is apparently worth $55 million and the city council would like to buy it, but they've only got $39 million. The dilemma is that if he sells to the city council …
Tim Worstall, 23 Aug 2015

Would YOU make 400 people homeless for an extra $16m? Decision time in Silicon Valley

Poll A trailer park owner faces an unusual conundrum: sell his property for $39m and keep the long-term residents on his land in their homes – or take $55m and watch property developers tear it all down. That's right, it could only be Silicon Valley. Joe Jisser's parents bought the park's 4.5-acre site 30 years ago for the not- …
Kieren McCarthy, 14 Aug 2015
Herbie

Google takes latest self-driving buggies to the streets

Google has begun public road tests for a line of self-driving cars designed to be free of such fripperies as a steering wheel or pedals. The Chocolate Factory kicked off the tests in its hometown of Mountain View, where it has been running them on private tracks up until now. The cars will be driving on the local roads away …
Shaun Nichols, 26 Jun 2015

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