(Bloomberg) — Steve Case is excited about speed. Specifically, a Mach 5 aircraft that will be capable of getting from New York to London in 90 minutes, about twice as fast as Concorde and five times the speed of current transatlantic flights. But what gets Case, the co-founder of AOL, really excited is that Hermeus, …
Billionaire Case Bets on Superfast Jet, AI Beyond Silicon Valley Read More »
Israeli Prime Minister Benjamin Netanyahu is expected to meet X owner Elon Musk on Monday in Silicon Valley, the Washington Post reported on Thursday. Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, gestures.(Reuters) X, formerly known as Twitter, has seen a dramatic increase in hate speech since Musk bought the …
Elon Musk to meet Israel’s Benjamin Netanyahu in Silicon Valley: Report Read More »
Ever since ChatGPT exploded in popularity last year, Silicon Valley’s titans have been embroiled in a race to be at the forefront of artificial intelligence. Yet in Washington, lawmakers have struggled to keep up with the technology, which they are only beginning to understand. On Wednesday, both sides are set to collide in one of …
A Who’s Who of Silicon Valley Will Convene With Lawmakers on A.I. Read More »
The Silicon Valley elites who have been quietly buying up northern California farmland for several years have gone public with their vision for the utopian city they hope to build from scratch on 55,000 acres in Solano county. This week the group behind the effort, Flannery Associates, launched a website for the initiative and released …
Plan for 55,000-acre utopia dreamed by Silicon Valley elites unveiled Read More »
The secretive California firm tasked with building a city for Silicon Valley billionaires unveiled the first renderings of its plans late Thursday – even as local officials vow to block the utopian techie metropolis from ever becoming a reality. The artistic renderings from Flannery Associates and its parent company, dubbed “California Forever,” included idyllic sketches …
Worldcoin has created a silver orb that scans people’s eyeballs in an effort to authenticate every human being in the world. Grace Widyatmadja/NPR hide caption toggle caption Grace Widyatmadja/NPR Worldcoin has created a silver orb that scans people’s eyeballs in an effort to authenticate every human being in the world. Grace Widyatmadja/NPR Silicon Valley has …
Silicon Valley’s latest hype: Eyeball-scanning silver orbs to confirm you’re human Read More »
Article content The portfolio is comprised of approximately $1 billion in loan commitments of which around $325 million are outstanding, the bank said in a statement. Article content Under the terms of the agreement, National Bank will acquire a portfolio in the Technology, Life Science and Global Fund Banking sectors. The acquisition will be folded …
National Bank to buy Silicon Valley Bank’s Canadian loan portfolio Read More »
Gove’s bid to build more houses in Cambridge (Image: Getty) As one of Cambridge’s 150,000 residents, I was surprised to learn via a Whitehall news leak of Michael Gove’s blueprint to turn our famously ancient town into the new urban megalopolis. The Housing Secretary is apparently not content with the already controversial (and upwardly revised) …
Resident’s plea to Michael Gove over huge ‘silicon valley’ expansion Read More »
US based Silicon Power Group plans to invest Rs10 billion ($121.73 million) to establish a facility in India’s Odisha state for manufacturing 150 millimetre silicon carbide, a semiconductor component, the state’s chief minister’s office stated on 27 July. The investment will be made through the group’s Indian unit, RiR Power Electronics, and the company aims …
US-based Silicon Power to invest more than $120 million in Odisha Read More »
Ford CEO Denounces Elon Musk’s Tesla Cybertruck as Car for ‘Silicon Valley People’ Home US Ford CEO Denounces Elon Musk’s Tesla Cybertruck as Car for ‘Silicon Valley People’ Follow Us on Google News
For 79 years, if you wanted the right to invest in early-stage companies like Apple in the 1970s, Facebook in 2004, or Airbnb in 2009, you had to be an “accredited investor.” The concept came from a 1933 law that created the U.S. Securities & Exchange Commission (SEC) to guard against some of the excesses …
Stanley Druckenmiller fears a recession is on the way after more than a year of aggressive interest rate hikes from the Federal Reserve have failed to quash inflation. The famed hedge funder, who now operates the Duquesne Family Office, said Wednesday that despite the economy’s recent resilience—headlined by a low unemployment rate and positive first-quarter …
