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Tag: silicon valley

REUTERS/ROBERT GALBRAITH

The Gig Economy Appears to Be Growing– Here’s Why

With the rise of Uber, Airbnb, and TaskRabbit, there’s a sinking suspicion that the traditional 9-5 job is being replaced by flexible, independent contract work. But, despite the existence of multiple billion-dollar Silicon Valley startups hiring an army of independent contract workers, economists have had difficulty finding any evidence that Americans were more likely to be self-employed.

California Tattoo (Joel Pollak / Breitbart News)

Counterpoint: California Best for New Business?

Beacon Economics just published a report concluding that California is the best place for new business in America, despite high taxes, burdensome regulations, and high living costs. “Next 10,” founded and funded by F. Noel Perry, retained Beacon Economics to

California substation (Matthew Fern / Flickr / CC / Cropped)

Anti-Terror Budget for CA Power Plants Cut in Fight

Money that was being appropriated for use towards protecting California power plants from terror attacks is reportedly being held hostage as a consequence of a battle between the California Public Utilities Commission and state legislators over the appropriation of $5 million in legal fees stemming from a corruption investigation into the agency.

REUTERS/Lucy Nicholson

Top Silicon Valley Investor: Industries with Unions Are Ripe for Disruption

(Ferenstein Wire)—Silicon Valley is coming after unionized industries. A top investor in the Valley, Paul Graham, lit up Twitter, tweeting, “Any industry that still has unions has potential energy that could be released by startups. (I don’t mean in simply paying people less, but rather that industries afflicted by unions are sclerotic so have left lots undone.)”

HP

Hewlett-Packard Busts Up Into 2 Companies

Hewlett-Packard Inc. is officially spinning out its personal computer and printer operations into a free-standing company from its enterprise software systems and consulting business on Monday, creating two companies with market capitalizations of about $25 billion each.

Clinton Theranos (JP Yim / Getty)

Majority of Theranos Board Gone After FDA Report

Biotech sensation Theranos was supposed to be Silicon Valley’s next hot IPO. But late Thursday evening, the company told Fortune Magazine that its board of directors had shrunk from 12 members to five as it battles a perfect storm of negative publicity.

REUTERS/EDGAR SU/FILES

China to Impose Orwellian ‘Social Credit System’ on Internet Users

The latest brainstorm from the Chinese Communist Party is a system for monitoring the Internet activity and financial transactions of its citizens, computing a “social credit” score on the acceptability of each person’s behavior, similar to the credit ratings compiled by financial institutions.

Press Association via AP Images

Quotas Are Coming to Silicon Valley

Quotas are coming to Silicon Valley. In fact, there is growing evidence they’ve already been put in place at some of the largest tech companies in the region — and soon, “diversity” will be required for start-ups seeking funding.

Dev Bootcamp/Flickr

‘Coding Bootcamps’ Give English Majors a Shot in Silicon Valley

Silicon Valley’s “coding bootcamps” are a cottage industry of fast-track private vocational schools for graduates looking to enter the competitive tech industry as software engineers, data scientists, and other in-demand jobs. Many coding bootcamp graduates who hold college degrees in areas notorious for slim earning potential (like English majors) and are now fully employed in the tech industry making a lot more money.