Silicon Valley - Page 5

Silicon Valley Cuts Salaries for Remote Workers, Fueling Tensions

Many employees at Silicon Valley tech companies have recently moved to cheaper locales to work remotely amidst the coronavirus pandemic.  Big Tech has responded by slashing salaries using  “cost-of-living” reductions, increasing tensions between the Masters of the Universe and their highly-touted employees. One tech CEO in the midwest called Silicon Valley’s salary cuts “hypocritical.”

WASHINGTON, DC - JULY 29: Facebook CEO Mark Zuckerberg testifies via video conference duri

CEO of Cryptocurrency Exchange Coinbase Confronts Woke Capitalism

Wired magazine recently outlined the internal turmoil at cryptocurrency exchange Coinbase following CEO Brian Armstrong’s declaration that political discussions were to be kept outside of the office, giving employees a week to agree or leave. His direct refutation of the tech industry’s woke capitalism left his employees in an uproar.

Coinbase CEO Brian Armstrong

Uber Warns of California Shutdown After Legal Woes

Uber could shut down services in California as early as Friday as the ridesharing company continues to fight the state over a new law that requires its gig economy drivers to be re-classified as employees. The threat of a stoppage comes after Uber posted a whopping $1.8 billion loss during the second quarter as the Chinese coronavirus pandemic continues to take a financial toll on the company.

Uber CEO Dara Khosrowshahi on Wall Street

Pinkerton: The Return of the San Francisco Democrats

The Democratic Party’s presumptive vice presidential nominee Kamala Harris is the ultimate San Francisco Democrat, representing the “woke” left-libertarianism of a place where everything is tolerated except for conservatism and where Silicon Valley’s plutocrats are free to enrich themselves insulated from the deplorable riffraff they despise.

Harris

Joel Pollak: Google ‘Completely Killed any Stories About Joe Biden from Breitbart’ on Its Search

Google’s suppression of Breitbart News content on its search engine is part of a broader strategy to “steal the 2020 election for Joe Biden and the radical left,” said Breitbart News Senior Editor-at-Large Joel Pollak, author of Red November: Will the Country Vote Red for Trump or Red for Socialism?, in a Tuesday interview with Mark Levin on the latter’s eponymous radio show.

US Democratic presidential candidate and former Vice President Joe Biden speaks during a c

Netflix Reports Disastrous Second Quarter as Subscriptions Fall Short

Far-left Netflix had a disastrous second quarter that saw new subscriptions fall short of expectations, causing shares of the streaming entertainment company to plummet by as much as 12 percent in after-hours trading on Thursday. The company cited growing competition from TikTok, the Chinese-owned video app that is hugely popular with Gen Z.

MEXICO CITY, MEXICO - SEPTEMBER 12: Reed Hastings, CEO of Netflix, attends a press confere

Netflix Commits $100 Million to Support Black Communities

Video streaming giant Netflix has reportedly committed $100 million to support black communities in the United States. The company plans to commit 2 percent of its cash holdings to black financial institutions and will also donate to a fund to “support financing to more than 2,500 entrepreneurs, homebuyers and consumers of color.”

BOGOTA, COLOMBIA - OCTOBER 09: Netflix CEO Reed Hastings speaks during Netflix Slate Event