Silicon Valley
Details of latest news and startups from Silicon Valley.
Business
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 location but from all regions of...
Silicon Valley
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 leaders who forged Silicon Valley.” He gave...
Startups
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 CNBC. WeWork...
World
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. OECD again challenges...
Business
WeWork to lay-off 2,000 employees; amid IPO crisis
WeWork planned to cut 2,000 jobs at the end of October 2019 after the failed IPO. WeWork — an American commercial real estate company that provides co-working space to companies and startups was founded in 2010. The company has over 800 locations worldwide...
Latest News
Estimated reading time: 13 minutes "...how could they see anything but the shadows if they were never allowed to move their heads?" — Plato, The Allegory of the Cave What if you...