Companies in Silicon Valley are reportedly doing more staff vetting over concerns about Chinese espionage. As the Financial Times (FT) reported Wednesday (June 19), firms such as Google and OpenAI have begun doing tighter screening of employees and potential hires, according to sources working directly...
A new California legislative proposal, SB 1047, is sending ripples of concern through Silicon Valley. Introduced by State Sen. Scott Wiener, the bill seeks to implement “common sense safety standards” for companies developing large artificial intelligence (AI) models that surpass specific size and cost thresholds....
Investment firm Proof Group may be aiming to revive the bankrupt crypto exchange FTX. Proof Group is one of three bidders vying to reboot trading on FTX, Bloomberg said in a Monday (Nov. 6) report, citing sources familiar with the matter. Proof Group is also a member of...
JPMorgan Chase & Co., the largest bank in the United States, is reportedly aggressively positioning itself as the leading financial partner for tech companies in Silicon Valley. After the collapse of Silicon Valley Bank (SVB), JPMorgan sees an opportunity to fill the void and attract the...
June 13, 2017
And then, just like that, it was over. As has been widely anticipated and widely reported, Yahoo’s been consumed by Verizon, which is now combining with the AOL properties under the Verizon umbrella. Amid the marquee combination, Marissa Mayer, who had been the head of Yahoo, has resigned that position, pocketing a $23 million payout […]
June 19, 2024
Companies in Silicon Valley are reportedly doing more staff vetting over concerns about Chinese espionage. As the Financial Times (FT) reported Wednesday (June 19), firms such as Google and OpenAI have begun doing tighter screening of employees and potential hires, according to sources working directly with these companies. It’s a move, the report noted, driven […]
November 06, 2023
Investment firm Proof Group may be aiming to revive the bankrupt crypto exchange FTX. Proof Group is one of three bidders vying to reboot trading on FTX, Bloomberg said in a Monday...
October 11, 2023
JPMorgan Chase & Co., the largest bank in the United States, is reportedly aggressively positioning itself as the leading financial partner for tech companies in Silicon Valley. After the collapse of...
August 30, 2023
Venture firm Greylock Partners is reportedly experiencing a transition as Reid Hoffman, a prominent figure in the tech industry, scales back his involvement in new deals. Hoffman, a co-founder of LinkedIn and a...
