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The Latest Breaking News from Silicon Valley

5 takeaways from the massive layoffs hitting Big Tech right now

Some 200,000 tech jobs have been lost in what is seen as one of the sharpest downturns in the tech industry's history. Here is what you need to know about the mass layoffs in Silicon Valley.

WEKU

Truth Social looks deader than ever. Why Donald Trump’s cult of personality couldn’t survive Silicon Valley

The ex-president’s social media platform is on its last legs, proving that celebrity can’t overcome a lack of innovation.

Fortune

Why Zuckerberg should face the threat of jail

The UK government is about to do something that will make Silicon Valley shudder, or at least make social media executives think twice about flying over British airspace.

Bangkok Post

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Tech's downturn is mostly the result of trends outside the industry

Silicon Valley thinks it sets the economy's direction, but it's at the mercy of interest rates and other forces.

Axios

A closer look at the A.I. apps taking over social media

A.I. image generators have proliferated across Silicon Valley and have gone viral across social media.

Fortune

Elon Musk's buddies in Silicon Valley are predicting he will emerge laughing from his year of record-breaking wealth destruction

The Twitter and Tesla CEO will get "complete financial flexibility" this year, predicts VC Chamath Palihapitiya.

Fortune

Watch: How ‘Deep Casual’ became the new status symbol

It started with the Silicon Valley set, with their Steve Job’s-inspired Mom jeans and orthopaedic-looking All Bird trainers; went up a gear as street style and its attendant low-slung waistbands and chunky trainers invaded the red carpet and settled in for good as the world burrowed in during Covid, taking…

Evening Standard

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Long before Silicon Valley, scholars in ancient Iraq created an intellectual hub that revolutionised science

Time and again, collaboration has proven to be a key driver of scientific and technological innovation. So it follows that some of the greatest advances have come from intellectual hubs set up for this very purpose.

The Conversation

Layoffs are the tech industry's new normal

Tech was never immune from forces in the broader economy, and Silicon Valley has always followed a boom-bust rhythm.

Axios

How Venture Capital Made the Future

Sebastian Mallaby's The Power Law explores how venture capital and public policy helped shape modern technology.

Reason

Silicon Valley debate over Twitter divides county leaders in the heart of it

The thorny national debate about Twitter’s future skidded into Silicon Valley’s largest local government this month as Santa Clara County grappled over whether it should abandon the increasingly contentious social media platform or ride it out with new owner Elon Musk.

Tribune News Service

LinkedIn at 20: how a new breed of influencer is transforming the business networking giant

When someone says social media, you probably don’t immediately think of LinkedIn. But there’s no denying that the business networking site has gone the distance: it is now 20 years since it was founded in Silicon Valley.

The Conversation

The Backstory of ChatGPT Creator OpenAI

ChatGPT, the artificial-intelligence program captivating Silicon Valley with its sophisticated prose, had its origin three years ago, when technology investor Sam Altman became chief executive of the chatbot's developer, OpenAI.

Bangkok Post

Nextdoor app CEO on growing up in Tyrone to taking charge of one of Silicon Valley’s biggest names

Sarah Friar said the sense of community growing up in a border area is one of the pillars on which her career was built

Belfast Live

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Tribune News Service

Silicon Valley’s economy trampled Austin, Seattle by billions of dollars during COVID’s first two years

Silicon Valley as an economic juggernaut has reigned supreme throughout the pandemic compared to its rivals in the Sunbelt and Pacific Northwest, newly released numbers show.

Tribune News Service

Trump targets social-media ‘censorship’ for 2024 campaign

Former President Donald Trump pledged to take on what he called “Silicon Valley censorship” as he makes a third White House run, elevating allegations that the social-media companies have routinely censored conservative voices.

Businessweek

Elon Musk’s Twitter Is a Shakespearean Psychodrama Set in Silicon Valley

He’s ruling his newest acquisition the way he rules the rest of his empire: impulsively, erratically, vindictively, loudly. It really doesn’t need to be this way.

Asharq Al-Awsat

Apple Loosens Tight Grip on App Store Pricing

Apple on Tuesday announced the biggest upgrade to the App Store pricing system since the launch of the shop, allowing developers to charge from 29 cents to $10,000 for their offerings. The enhanced pricing options to be available for all transactions at the App Store by spring of next year…

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Fortune

A 36-year-old CEO saw how psychedelics treated his best friend’s mental illness. Now his Peter Thiel-funded firm wants to bring the drugs to the masses

Florian Brand's Atai Life Sciences went public three years after launching, fueled by Silicon Valley interest and promising science, but it's still waiting for its first big breakthrough.

Fortune

Andreessen Horowitz, FTX, and the future of crypto

Unlike fellow Silicon Valley giant Sequoia, a16z did not get tarnished by FTX's collapse.

The Guardian - UK

The gods of Silicon Valley are falling to earth. So are their warped visions for society

Tech titans like Elon Musk and Sam Bankman-Fried have been feted for their wealth, but see the world in ways that also merit scrutiny , says Moya Lothian McLean

Tribune News Service

As job cuts roil Silicon Valley, workers confront post-boom reality

When Ryan Stevens joined Meta Platforms Inc. as a product operations manager for WhatsApp in August of 2021, he was enticed by the opportunity to help shape a messaging app used daily by 2 billion people.

WEKU

How Silicon Valley fervor explains Elizabeth Holmes' 11-year prison sentence

Raising hundreds of millions dollars sends a startup's valuation soaring. It can also make serious prison time all but inevitable for those in Holmes' situation.

The Independent UK

UK Silicon Valley plan that Michael Gove ‘flushed down toilet’ given new lease of life

Tom Waters, a senior economist at the IFS, says Hunt’s approach has been to freeze ‘everything he can get his hands on’

Fortune

Andreessen Horowitz conquered venture capital without breaking a sweat. Gobbling up the rest of the world won’t be so easy

A16z is betting its startup growth recipe can launch its own business far beyond Silicon Valley. Can its ambitions defy a tanking tech market?

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