Silicon Valley

Mass tech layoffs: The war for talent is over

As interest rates rise and growth slows, Silicon Valley bosses have begun to reclaim power from workers by slashing perks and initiating massive layoffs.

Valley National bidding for Silicon Valley Bank, Bloomberg reports

Valley National Bancorp (VLY.O) is vying to buy Silicon Valley Bank (SIVB.O), Bloomberg News reported on Saturday.

Oil prices continue slump in fallout from SVB shutdown

Oil prices dropped more than $2 a barrel on Tuesday, extending the previous day's slide, as the collapse of Silicon Valley Bank rattled equities markets and sparked fear about a fresh financial crisis.

Bomb threat spurs evacuation at Facebook's Silicon Valley campus

A bomb threat prompts authorities to evacuate a building at the Silicon Valley headquarters of Facebook Inc near San Francisco, police says, but hours after a sweep of the structure began there was no word of explosives found.

California gives green light to self-driving car tests

The US state of California allows autonomous car tests by easing its rules for testing of vehicles in which there is no human driver.

Sean Parker sets up $25m cancer immunotherapy collaboration

$250 million grant from Silicon Valley billionaire Sean Parker aims to speed development of more effective cancer treatments by fostering collaboration among leading researchers in the field.

Pentagon invites hackers to attack its websites

The US Department of Defense invites vetted hackers to test its cybersecurity under a pilot program that is the first of its kind in the federal government.

Google gets 348,085 'forget' requests in Europe

Since a top European court rules people have a right to be forgotten online, Google has received 348,085 requests for tidbits to vanish from search results.

Cop stops Google driverless car for moving slow

Google playfully posts a photo of a motorcycle cop pulling over one of it self-driving cars for riding along at a cautious pace.

September 28, 2015
September 28, 2015

Google to set up Wi-Fi in 400 Indian railway stations

Google is to provide high-speed public Wi-Fi in 400 Indian railway stations that carry millions of passengers every day.

September 28, 2015
September 28, 2015

Modi breaks down at Facebook Townhall as he talks about mother

Indian Prime Minister Narendra Modi breaks down into tears while talking about his mother at Facebook Townhall in Menlo Park near San Francisco.

September 28, 2015
September 28, 2015

The power of an information society

When the 'Digital India' initiative of the Indian Prime Minister receives the backing of none other than the Google CEO Sundar Pichai, one can't help but look at it with admiration.

August 11, 2015
August 11, 2015

See-through solar cells could turn windows, phones into power sources

Transparent solar is based on a fact about light that is taught in elementary school, sun transmits energy in the form of invisible ultraviolet and infrared light, as well as visible light.

June 28, 2015
June 28, 2015

Away yet not away

Bangladeshi-American engineer Shah Talukder had definite reasons to feel proud when his daughter launched a language coaching programme for poor students back in his motherland four years ago. And he had reasons to be frustrated too when Leilah, in the US, had trouble communicating with her students in Bangladesh due to hartals, weather, or traffic jams.

March 12, 2015
March 12, 2015

Alibaba ploughs $200 m into Snapchat in latest startup deal: source

Alibaba Group Holding Ltd (BABA.N) is investing $200 million in photo-messaging app Snapchat, a source familiar with the deal said, striking its latest Silicon Valley deal as the Chinese e-commerce company builds up mobile services.

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