Silicon Valley

Toyota invests $400 million in Pony.ai for Level 4 autonomous cars

Pony.ai, an autonomous driving startup based in China, has received a total of $462 million in the latest funding round, led by Toyota Motor Corporation. The largest Japanese automaker has funded $400 million into Pony.ai, followed by Sequoia, KUNLUN, IDG Captial, and ClearVue...

Snap announces the third cohort of Yellow Accelerator Program

Snap Inc, the parent company of Snapchat, has launched the third cohort of its Yellow accelerator program. The program, debuted in 2018, was started to bring in creative minds and entrepreneurs to build great media companies for the next generation. 

Apple’s stock predicted to shoot up by $100 in 2020, venture capitalist Gene Munster says

Apple's stock market worth will have a significant rise in 2020, a groundbreaking prediction made by the tech analyst and venture capitalist Gene Munster. According to Munster, the prediction is based on fundamental and multiple factors. By analyzing the...

WeWork’s CTO is leaving the company

WeWork’s Chief Technology Officer Shiva Rajaraman has decided to step aside from his designation. He will remain in office for three months transition period, reported by Business Insider. Shiva Rajaraman joined WeWork in 2017 and lead the technology...

Asana, founded by Facebook co-founder, may go public next year

Asana, a team management app founded in 2008, is planning a direct listing as it aims to go public next year, according to a report by Miles Kruppa on Financial Times. It was founded by Dustin Moskovitz, who co-founded Facebook...

$4 billion cash acquisition deal between PayPal and Honey

Online payments and money transfer platform PayPal Holdings, Inc has made an agreement with Honey Science Corp, a company that owned Chrome extension honey which helps find the best deals, coupons, and rewards while you are doing online shopping and apply...

WeWork’s Chairman Marcelo Claure terminates 13 people for abusing vendor policies

WeWork's Marcelo Claure - the Chairman, has sent a memo to employees that states the company has investigated policy abuse and fired 13 employees.  Mr. Laure has further mentioned that layoff did not only happen at one office...

Sequoia Capital founder Don Valentine Dies at 87

Donald T. Valentine the founder of Sequoia Capital died in his home in Woodside, California at the age of 87 of natural causes. As a tribute to Valentine, Sequoia posted calling him as “one of a generation of...

SoftBank to take charge of WeWork

WeWork, an American commercial real estate company that provides shared workspaces for technology startups, founded in 2010. Eventually, after the ouster of its Co-founder Adam Neumann, the company lost its valuation from heft $47 billion to $7.5 billion, as reported by...

Is Silicon Valley paying enough Tax?

In the wake of the 2020 Presidential Election Campaign, Bernie Sanders unveiled his idea of wealth tax. The veteran senator called "Billionaires shouldn't exist.." last week in Washington. He embraced this idea by theorizing tax reforms and its method of accumulation.  

Latest News

Is it the right time to say goodbye to the traditional fossil fuel car models and welcome eco-friendly electric cars? Well, yes. At first, people were resistant to...