silicon valley
Robots are taking over New York City — and even Bill Gates is investing
September 13, 2024 | 6:00amOpentrons, which produces medical industry robots has notched a $1.8 billion valuation and attracted investors including Bill Gates and venture capitalist Vinod Khosla.
Harris campaign surrogate nudges VP against backing tax on unrealized capital gains
September 4, 2024 | 6:15pmHarris called for a top rate of 28% on long-term capital gains for individuals making at least $1 million per year.
Apple, Nvidia may invest in OpenAI fundraising that would value ChatGPT maker at over $100B: report
August 29, 2024 | 4:49pmThrive Capital, the venture capital firm founded by real estate scion Joshua Kushner, is leading the latest fundraising round.
Nvidia's rise a testament to American success — and why government should get out of the way
August 28, 2024 | 6:24pmWednesday evening, computer chip and software maker Nvidia announced it made $30 billion in revenue last quarter — double what it made a year ago, and beating Wall Street expectations.
Nvidia stock down as tech firm fails to impress with Q3 revenue forecasts
August 28, 2024 | 5:40pmInvestors had lofty expectations from the chipmaker, following a more than seven-fold surge in Nvidia's shares over the last two years.
Google to let users create AI images of people after botched 'woke' rollout that included black Nazis
August 28, 2024 | 5:17pmGoogle tweaked the service in the wake of its embarrassing rollout that produced unrealistic depictions such as diverse Nazis and female NHL players.
Apple lays off 100 workers from its Apple News and Apple Books apps
August 28, 2024 | 9:40amThe affected employees, among them several engineers, were informed of the decision on Tuesday, according to Bloomberg News.
Google, Meta workers envy Nvidia staffers bragging over fat paychecks: 'Bought a 100K car ... all cash'
August 27, 2024 | 1:29pmUnder CEO Jensen Huang's leadership, Nvidia's stock has surged by more than 3,700% in the last five years.
Nvidia CEO reluctant to fire employees — preferring to 'torture them into greatness'
August 27, 2024 | 10:43amHuang's employees can work as much as seven days a week, sometimes as late as 2 a.m. but reportedly stick around because of the lavish compensation.
Elon Musk leads parade of tech titans boosting Trump as the true 'freedom candidate'
August 26, 2024 | 6:24pmTech leaders are betting that freedom of speech, freedom to innovate, and freedom from crushing government regulations and confiscatory taxes are more likely in a Trump reign than in a...
Nvidia employees often work 7 days a week until 2 a.m. -- but here's why few of them leave
August 26, 2024 | 1:17pmTen people who either worked at the company or are still employed at the firm described the environment as a pressure cooker.
Tech billionaire's family plans 'visionary' development near controversial 'California Forever' project: report
August 26, 2024 | 1:09pmThe family of billionaire investor Marc Andreessen reportedly owns tracts of land close to the controversial “California Forever” city project he is backing – and is planning to build more...
Judge reveals list of investors who helped Elon Musk buy X -- and it includes Twitter found and a Saudi Prince
August 22, 2024 | 1:28pmA federal judge in San Francisco ordered X on Tuesday to unseal the list of shareholders who were part of the group that took the company formerly known as Twitter...
Last remaining Denny's in San Francisco closes over plague of dine-and-dashers
August 13, 2024 | 2:06pmChris Haque, the franchise owner, told SFGATE that he had no choice but to shutter the diner after nearly 25 years in operation.
Facebook admits it wrongly censored iconic photo of bleeding Trump pumping his fist after assassination attempt: 'This was an error'
July 29, 2024 | 2:56pmDani Lever, a spokesperson for Meta, responded to influencer Charlie Kirk who called out Facebook for not allowing users to share the photo.
Apple agrees to adopt AI safeguards — following in footsteps of tech rivals
July 26, 2024 | 4:10pmThe companies are asked to transparently share results of tests that measure compliance with security and anti-discrimination regulations.
Silicon Valley moguls delay plans for 'California Forever' utopia in face of local opposition
July 23, 2024 | 12:28pmCalifornia Forever said that it would delay the project for at least two years while it studies its environmental impact.
Silicon Valley to wield more influence than Wall Street in second Trump administration if he wins: report
July 23, 2024 | 11:34amIf Trump wins the White House, tech executives are expected to have greater influence while Wall Street financiers take a back seat.
Left-leaning Silicon Valley donors divided on Kamala Harris: 'I want an open process'
July 22, 2024 | 12:40pmWith the Democratic party in disarray, Silicon Valley has seen a shift toward Trump this election cycle.
Here is who’s worried about JD Vance in business – from Wall Street to Silicon Valley
July 17, 2024 | 2:17pmSources tell On The Money that just hours after Vance's selection as Trump's running mate, analysts began hosting conference calls with clients – big investors, major companies, etc. – on...