In Theranos fraud case, Holmes will be tried apart from ex-lover
Holmes and Balwani are accused of lying for years, claiming Theranos machines could perform myriad tests with a single drop of blood. Prosecutors alleged they duped investors out of hundreds of millions of dollars, and also defrauded doctors and patients who trusted Theranos test results.
Silicon Valley inventor of 'cut, copy and paste' dies
Bronx-born Lawrence "Larry" Tesler, a pioneering computer scientist whose accomplishments included inventing the widely relied on "cut, copy and paste" command, died this week at age 74, according to Xerox, where he spent part of his career. Tesler spent 17 years at Apple, rising to chief scientist.
Wall Street battles upstarts in hunt for Silicon Valley rich
Fourteen San Francisco-area companies that began trading publicly last year have raised more than $15 billion, led by Uber Inc.’s $8.1 billion and Lyft Inc.’s $2.3 billion. Expand that to include the 16 other Bay Area firms that have gone public and the amount jumps to more than $20 billion.
Silicon Valley heads to Europe, nervous about new rules
The main reason so many Silicon Valley executives are paying court in the European Union's capital: EU lawmakers are debating a new digital policy, including first-of-its-kind rules on the ways that artificial intelligence can be used by companies.
Steelcase opens new worklife center in Bengaluru to empower startups
The leading global brand in innovative workplace solutions sees the evolution of startup ecosystem and co-working spaces in the city as a huge opportunity.
Coronavirus impact: Microsoft asks staff in Seattle area, Silicon Valley to work from home
Microsoft asked many of its employees in the Seattle region near its headquarters and the San Francisco Bay Area to work from home if possible until March 25.
Silicon Valley is a born-again believer in profits
It was only a few years ago that investors started to become anxious about the vast sums of money flying into unprofitable startups. The bubble didn’t burst, but air deflated a bit from the balloon.
Silicon Valley startup Vested gets funded by IP Ventures
Vested has partnered with Indian banks to simplify the fund transfer process on its platform.
Afinoz, AI based Instant loan market place, receives seed funding from top Silicon Valley investors
With this fund, the start-up will focus on growing fast to become market leader in 1 billion people market by giving $ 1 trillion opportunity.
Silicon Valley-based AngelList launches angel fund in India
AngelList will manage the legal and regulatory aspects of raising capital and investing it, while the byte-sized funds will be able to use its technology platform to manage their investments.
Silicon Valley Bank looks to hire over 200 employees for Bengaluru office
The organisation has started hiring engineers, systems architects and data analysts to work on projects and initiatives including product design, development and support for core functional areas of SVB’s business.
Companies must temporarily increase autonomy of teams to manage Covid impact: Howard Yu
Companies should temporarily allow cross-functional teams to have more decision-making power – while it may not be possible on the short term to significantly increase the autonomy of specific product departments or locations, it is possible to temporarily assign decision making power to cross functional teams, Howard Yu said.
Venture Highway raises Rs 560 crore for second fund
The maiden fund, whose corpus has not been disclosed, was anchored by Sood and Neeraj Arora, the former chief business officer at VOIP platform WhatsApp.
Billionaire families reshape Silicon Valley’s venture terrain
Over 70% of billionaire families in Asia are investing in venture, which is higher than what's being seen in the U.S. and Europe, where that number is kind of sub-60%.
At private Silicon Valley summit, no love for IPOs or banks
The main target of ire was the first-day stock surge that often accompanies IPOs underwritten by banks.
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