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The Latest Breaking News from Silicon Valley

EU tech watchdogs tell Twitter to beef up its act before new digital law arrives

Twitter bosses have been warned they cannot be complacent in the countdown to the launch of the European Union's tough new digital rulebook, a top EU official said after carrying a “stress test” of the company's systems in Silicon Valley.

Radio France Internationale

Silicon Valley's new rock star: Sam Altman

Silicon Valley has a new rock star to go along with its latest gold rush in A.I.

Fortune

Twitter faces 'stress test' of Europe's tough new Big Tech rules

A top European Union official is in Silicon Valley to check whether Twitter is ready to comply with sweeping new standards that the world’s biggest online platforms must obey soon

The Independent UK

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Ford CEO Dismisses Tesla Cybetruck, Suggests It’s Not A Real Work Truck

"If [Elon Musk] wants to design a Cybertruck for Silicon Valley people, fine," said Ford's CEO Jim Farley.

InsideEVs

Ford CEO Dismisses Tesla Cybertruck, Suggests It’s Not A Real Work Truck

"If [Elon Musk] wants to design a Cybertruck for Silicon Valley people, fine," said Ford's CEO Jim Farley.

InsideEVs

In in Oprah interview, longevity expert Dr. Peter Attia warns against the ‘Silicon Valley ethos’ of engineering immortality

There's work one can do to increase their health span, and “much of it doesn’t actually require a doctor,” Attia told Oprah.

Fortune

MGM’s Ottinger: Forget the Library and the Legacy, ‘Everything Is Now Driven by an Obsession With Our Customers’ (Next TV L.A.)

A decade ago, Hollywood fought a war against Silicon Valley for control of the video business. Losing had consequences

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Biden visits California to talk climate and raise cash

President Joe Biden plans to unveil more than $600 million in federal spending to fight the effects of climate change on Monday in Palo Alto. But much of his multi-day visit to California is focused on raising money, notably from Silicon Valley tech leaders, for his 2024 reelection campaign.

Los Angeles Times

President Biden to visit Los Gatos, Atherton for fundraising events with tech luminaries

SAN JOSE, Calif. — Kickstarting a bid to surpass his $1 billion fundraising haul from the 2020 election, President Joe Biden is expected to come to Los Gatos and Atherton on Monday for reelection fundraisers co-hosted by longtime Democratic supporters and Silicon Valley luminaries.

Tribune News Service

VivaTech 2023: Inside Europe's largest trade fair for innovation

Global tech leaders and industry giants have descended on the French capital for the seventh edition of VivaTech, Europe's largest trade fair for new technology. Artificial intelligence (AI) is taking centre stage this year. French President Emmanuel Macron announced €500 million ($543 million) in new funding to "create champions" in…

France 24

Silicon Valley tech executive weighs US Senate bid in California

Silicon Valley executive Lexi Reese, a Democrat, announced Thursday that she is considering running for the seat being vacated by retiring U.S. Sen. Dianne Feinstein.

Los Angeles Times

Report: Eight Silicon Valley households have six times more wealth than bottom 500,000

Silicon Valley is an embarrassment of riches for some and a struggle to get by for many who live there, but a report Tuesday puts the gap between rich and poor in the cradle of technology and innovation into stark relief: Just eight households in the California region hold more…

Tribune News Service

Jailed Theranos founder Elizabeth Holmes claims she can’t afford restitution payments to victims

Lawyers for Silicon Valley entrepreneur who once had an estimated net worth of $4.5bn say she has ‘limited financial resources’

The Independent UK

Jailed Theranos founder Elizabeth Holmes claims she can’t afford $250 a month restitution payments to victims

Lawyers for Silicon Valley entrepreneur who once had an estimated net worth of $4.5bn say she has ‘limited financial resources’

The Independent UK

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Tribune News Service

8 Silicon Valley households have 6 times more wealth than bottom 500,000, rights group reports

SAN JOSE, Calif. — Silicon Valley is an embarrassment of riches for some and a struggle to get by for many who live there, but a new report puts the gap between rich and poor in the cradle of technology and innovation into stark relief: Just eight households in the…

Businessweek

Layoffs and AI Are Changing Tech’s Once-Invincible Job Market

A look at who’s unemployed, who should be worried and who’s more valuable than ever.

Fortune

A prominent VC firm is betting on London to be a capital of crypto. Too bad that won't happen

It's clear London and other centers want to embrace the crypto industry. Whether they can innovate is another matter.

The Guardian - UK

When I lost my job, I learned to code. Now AI doom mongers are trying to scare me all over again

Silicon Valley wants to make us believe humans are predictable and our skills replaceable. I’ve learned that’s nonsense, says culture writer Tristan Cross

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Axios

Silicon Valley's loudest moguls get behind RFK Jr.

These are intrinsic contrarians supporting a long-shot presidential candidate whose last name is matched only by his baggage.

Zenger

Silicon Valley’s Salary Showdown: Unveiling How Much Top Talent At Apple, Microsoft And Google Get Paid

Apple Inc, Microsoft Corp and Alphabet Inc offer some of the highest salaries in Silicon Valley

Businessweek

Can Workplace Ketamine Retreats Improve Vibes in the Office?

In guided sessions, midcareer professionals are using the drug to seek improved job performance and better work-life balance.

The Hindu

‘I presume my iPhone is being tapped’: Rahul Gandhi in U.S.

Mr. Gandhi made the remarks, during his interaction with Silicon Valley-based startup entrepreneurs, known for doing path-breaking work in the field of Artificial Intelligence and cutting-edge technologies.

Reuters

India's IT hub Bengaluru may need $339 million to fix drainage, avoid flooding -report

India's Bengaluru city may need nearly 28 billion rupees ($339 million) to restore a drainage network damaged by unfettered urbanization as repeated floods threaten to disrupt work and life in the IT hub, a report said.

France 24

Theranos founder Elizabeth Holmes starts prison sentence for blood-testing hoax

Theranos founder Elizabeth Holmes entered a Texas prison Tuesday where she could spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley.

The Independent UK

Selfless visionary or scheming grifter? Inside Theranos founder Elizabeth Holmes’s shocking downfall

From college dropout at 19 to billionaire at 30 and prison at 39, Elizabeth Holmes has had a life trajectory unlike any of her Silicon Valley peers. Her tainted legacy will continue to be fought over for years to come, Bevan Hurley writes

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