Silicon Valley

Silicon Valley's illustrious launching of tech startups has brought venture capital to the mainstream. A bright idea for a business is pitched to a group of investors who in turn fund the early stages of the so-called "seed company."  But new ways of thinking have changed the venture capital...

“Thinking of moving to Miami? DM me.” That’s according to a tweet from Miami Mayor Francis Suarez that's plastered across billboards along California. The initiative, sponsored by Reddit co-founder Alexis Ohanian and early Uber Technologies Inc (NYSE: UBER) and...

Hewlett Packard Enterprise Co (NYSE: HPE) will relocate its corporate headquarters from Silicon Valley to Houston, Texas. The announcement was made along with the release of the fourth-quarter earnings release on Tuesday. What Happened: The tech company said it is building a new...

Elizabeth Holmes, the former CEO of Theranos, wants to block information on her previous income and “luxurious” spending from being revealed in court, CNBC has reported. What Happened: Holmes’ defense attorneys filed a motion to exclude reports showing her earnings...

Robinhood co-founder Baiju Bhatt has stepped down as the company’s CEO. What Happened: Fortune reported that Vlad Tenev, the company’s co-founder, is now Robinhood’s single CEO. Bhatt is stepping down from what used to be a dual CEO position but remains the co-founder and...

Spotify Technologies SA (NYSE: SPOT) CEO Daniel Ek wants to give nascent European technology start-ups a boost so that they can grow up to compete with Silicon Valley leviathans, the Financial Times reported Thursday. What Happened: Ek, whose wealth is estimated to be around $3.8 billion...

Anvil, a Silicon Valley startup working to simplify paperwork processing for businesses, has raised $5 million in seed funding, TechCrunch reported Wednesday. What Happened Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOGL) subsidiary Google's artificial intelligence investment arm Gradient Ventures...

Silicon Valley-based startup Zoox on Tuesday agreed for reconciliation with Tesla Inc. (NASDAQ: TSLA) over the latter's claims of wrongful possession of proprietary information. What Happened In March 2019, Tesla had charged four of its former employees and Zoox of stealing...

It shouldn't be a surprise that Apple, Inc. (NASDAQ: AAPL) rose over the last few decades to become such a huge Wall Street presence, and the first company to reach $1 trillion in market capitalization in 2018. It started, after all, as a mission to bring the computer, once the province of big...

Tesla Inc (NASDAQ: TSLA), Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) all manufacture cars, but there's one distinctive difference that separates Tesla from the others: it's not an auto company, according to CNBC's Jim Cramer. What He Said Ford and GM are part of...

The recent backlash against Silicon Valley giants like Alphabet Inc. (NASDAQ: GOOGL), Amazon.com Inc. (NASDAQ: AMZN), and Facebook Inc (NASDAQ: FB), is because these companies made overreaching promises and failed to deliver on them, Peter Thiel told The Nikkei Asian Review in an exclusive...

Volvo Group Venture Capital has invested in Autotech Ventures, a venture capital firm located in Silicon Valley. A spokesman said the deal was expected to yield near-term results in fields of specific focus for Volvo including connected, autonomous, electrified vehicles and related mobility...

Four Silicon Valley giants that depend upon the gig economy to run their business have teamed up together to launch a statewide campaign against California’s AB 5 law. What Happened A union of businesses — including Uber Technologies Inc (NYSE: UBER), Lyft Inc (NASDAQ: LYFT), DoorDash...

FreightWaves CEO Craig Fuller and Dynamo Managing Partner Jon Bradford team up on this show about their vision and view of where the world exists in the intersection of freight and venture capital. This week they talk Brexit, a world that's no longer flat, this week in the venture capital market,...

Immigration is an important driver of the United States technology industry – without immigrants, it’s not quite clear that many of the biggest tech companies would have been started. While immigrants make up less than 15% of the nation’s population, they started one out of four...