Silicon Valley - Page 8

In a recent op-ed for the New York Times, former Google CEO and Clinton lackey Eric Schmidt stated his belief that Silicon Valley could lose the technology race to China without the federal government’s help.

Facebook and Google have reportedly followed the path of social media platform Twitter in ordering their workforce in the San Francisco Bay Area to stay home due to fears over the spread of the coronavirus.

The Robinhood trading app crashed this week during a major U.S. trading day, preventing customers from making trades as stocks surged, an outage that lasted into Tuesday. Robinhood is blaming “stress on our infrastructure” and the “‘thundering herd’ effect” for the problems, which it vows to fix. The platform’s customers were not impressed.

Popular online brokerage platform Robinhood suffered an outage lasting an entire trading day which prevented customers from making trades as stocks surged Monday. The outage has continued into Tuesday’s trading hours with Robinhood not providing timing for its service to be reinstated.

Personal aides to Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan, are facing a slew of misconduct accusations including assault, sexual harassment, and transphobia, according to a new report. Zuckerberg’s family is also feeling the heat for the way it has handled the internal crisis.

NATIONAL HARBOR, Maryland — Federal Communications Commission (FCC) Commissioner Brendan Carr said at CPAC on Saturday that Americans should be empowered to turn off social media companies’ “bias filters.”

Mike Bloomberg is proposing to flood the labor market for U.S. graduates by offering green cards and then citizenship to an almost unlimited number of foreigners who graduate from U.S. colleges. 

Silicon Valley giants including Google, Facebook, and Apple lost more than $200 billion in market capitalization on Monday as the major stock indices plummeted on growing global fears surrounding the coronavirus.

President Donald Trump blatantly dodged public pressure by Indians for more H-1B visas, so indicating that he is concerned that his administration’s support for white-collar visa workers will alienate the U.S. college graduate voters he will need in 2020. 

Federal officials have ordered the closure and drainage of the Anderson Reservoir, the main reservoir supplying water to Silicon Valley, because of engineers’ concern that the structure would be unstable in an earthquake and subject to “catastrophic” collapse.

Facebook CEO Mark Zuckerberg reportedly has members of his communications staff blow-dry his armpits ahead of big speeches and other appearances that might cause the tech billionaire to experience flop sweat.

Amazon CEO and world’s richest man Jeff Bezos has announced that he is creating a $10 billion fund to combat climate change, calling it the “biggest threat to our planet.”

Employees at software giant Oracle are demanding that the company’s Chairman and CTO Larry Ellison cancel a fundraiser for President Donald Trump set to take place this week.

Tech giant Apple, one of the wealthiest companies on Earth, has been ordered by the California Supreme Court to compensate employees for time lost due to mandatory bag and iPhone searches. Employees were allegedly forced to clock out before being searched to ensure that they had not stolen merchandise or trade secrets.

In a recent article for Issues & Insights, Justin Danhof examines the power that search giant Google wields and how it could be used to influence elections. According to Danhof, “It is hard to fathom a greater bully than Google.”

Social media company Parler has slammed Twitter’s decision to suspend Project Veritas founder James O’Keefe, saying that the move amounts to “political censorship” and “election interference.”

While other 2020 Democrats are maligning the influence of big tech, Mike Bloomberg is turning to Silicon Valley to help power his campaign.

A recent report states that as San Francisco nears a vote limiting new office space construction, tech firms such as Twitter may abandon the city despite receiving tax breaks to operate in the city.

Actor James Woods returned from Twitter exile late Thursday, tweeting for the first time since his highly public feud with the social media giant last year.

A legal immigrant is suing an Indian outsourcing firm for allegedly violating U.S. workplace laws and anti-discrimination laws — and is also spotlighting claims the H-1B visa worker program is wrecking U.S. professionals’ workplaces from coast to coast.

Elon Musk’s girlfriend, the Canadian pop star known as Grimes, has dished publicly on her pregnancy for the first time, admitting that she was “woefully ill prepared” and that the “whole thing has been a bit of an ordeal.”

A recent report claims that delivery apps such as Seamless, GrubHub, and DoorDash are listing restaurants on their services that don’t even offer takeout options.

Free-speech centered social network Parler has condemned Twitter for suspending British conservative pundit Katie Hopkins, calling the decision “cowardice” and slamming Twitter leaders for once again capitulating to the aggressive brand of cancel culture promoted by activist groups.

Apple may face significant disruptions to its manufacturing supply chain as China continues to deal with the spread of the coronavirus, according to a recent report.

Theranos founder Elizabeth Holmes has reportedly been jilted by her own lawyers after the disgraced healthcare entrepreneur and erstwhile billionaire failed to pay them for their work in an ongoing civil case.

Microsoft CEO Satya Nadella says the United States was “formed” by immigrants, not citizens, and thus Americans must not think of the immigration issue “narrowly.” 

Apple reportedly abandoned plans to allow iPhone users to encrypt their backups in the company’s iCloud service after the FBI complained that it would impede investigations.

A gay men’s group is claiming that Facebook shut down its page after transgender activists repeatedly reported the group for its stance on gender and sexual orientation.

Left-wing actor John Leguizamo is the latest Hollywood figure to turn on Mark Zuckerberg by calling the Facebook CEO a “tech gangster” and claiming that the social media company represents a direct threat to the electoral process.

The pop star known as Lizzo has announced that she is quitting Twitter, blaming harassment from online “trolls.”

A recent report from the New York Times claims that Silicon Valley’s reputation as the home of major tech firms may soon be threatened as many companies open offices in New York City.

British actor Sacha Baron Cohen ripped Facebook CEO Mark Zuckerberg during the Golden Globes on Sunday, referring to him as a “naive, misguided child who spreads Nazi propaganda.”

In technology, “Moore’s Law” refers to the doubling of microchip processing power every two years. Come rain or shine, every two years, new computers will roll off the production lines twice as powerful as the previous generation. Unfortunately Silicon Valley has gone backwards over the last decade at the same speed.

In a display of unapologetic defiance, Silicon Valley giants including Facebook and Uber are planning to ignore new California laws scheduled to take effect in 2020, laying the groundwork for a collision course between the tech giants and state lawmakers.

Tesla has reportedly experienced another high profile defection from its executive suite as Elon Musk’s troubled high-tech car company continues to deal with morale and turnover issues.

American farmers are turning to YouTube in growing numbers to supplement their income as making a living through agriculture and livestock is becoming increasingly difficult, according to a new report.