Silicon Valley

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Ellen Pao Faces Million-Dollar Dilemma

Former boss will drop pursuit of legal fees if she doesn't appeal decision

(Newser) - Even though Ellen Pao lost her gender-discrimination suit against a former employer, she's still widely hailed as a hero for bringing the boys' club atmosphere of Silicon Valley under a microscope. But now she's got a tough choice on her hands: The venture-capital firm she sued, Kleiner Perkins... More »

Ellen Pao Loses, Emerges as Silicon Valley Hero

Supporters think things might finally change for women in tech field

(Newser) - Ellen Pao lost her lawsuit alleging that the venture capital firm Kleiner Perkins Caufield & Byers discriminated against her because she's a woman. But a common theme emerging after yesterday's verdict is that while Pao lost her own battle, she inflicted real damage on the boys-club atmosphere in... More »

Jury Rejects Discrimination Claim in Silicon Valley Case

But jurors still deliberating one count in Ellen Pao vs. Kleiner Perkins

(Newser) - Jurors in a high-profile Silicon Valley case say a prestigious venture capital firm did not discriminate against a female employee. The jury in San Francisco reached a verdict today on three of four counts in the lawsuit filed by Ellen Pao against Kleiner Perkins Caufield & Byers. Confusion surrounded the... More »

Zuckerberg in Nasty Legal Fight Over Neighboring Land

Lawsuit could expose his personal finances

(Newser) - Mark Zuckerberg values his privacy so much that he's willing to spend tens of millions to buy up neighboring properties . Now, however, he's in a legal battle with a developer and would-be neighbor that threatens to make public details about his personal life and finances, reports the New ... More »

Obama to Tech World: Share Your Cyberthreats With Us

But Facebook, Yahoo, Google CEOs won't attend today's cybersecurity summit

(Newser) - In the wake of the Sony hack , President Obama will be speaking at a cybersecurity summit at Stanford University today, where he plans to sign an executive order calling for companies to share cyberthreats, both with the government and each other. But the CEOs of at least three major Silicon... More »

It's Time to Destroy Nerd Culture

Pete Warden: Nerds have won, but they've become bullies themselves

(Newser) - Pete Warden is a self-described nerd with two decades in the computer industry to back up the claim. In an essay at Quartz , however, he no longer sounds very proud of it. Nerds, he points out, just aren't what they used to be. Twenty years ago, they were the... More »

Apple, Facebook Perk: Egg-Freezing Coverage

May be first major employers to provide this type of coverage

(Newser) - Silicon Valley already leads in tech innovation—why shouldn't it lead in procreation, too? Facebook has expanded employee coverage to include egg freezing, and Apple will start providing similar coverage in January, company reps tell NBC News . Both companies—thought to be the "first major employers to offer... More »

Silicon Valley Milestone: Oracle CEO Larry Ellison Steps Down

But he'll stay with company he founded as chairman

(Newser) - Larry Ellison is stepping aside as CEO of Oracle, the business software maker he founded in 1977. But he's not going far: Ellison will reclaim the title of chairman and is also taking the role of chief technology officer. Oracle says Ellison wants to focus on product engineering, technology... More »

High-Tech Workers Make How Much?

In San Mateo County, Calif., they averaged $291K

(Newser) - Want to earn coin? Try being a high-tech worker in San Francisco. Their average salary leaped nearly 19% last year to $156,518, topping all cities nationwide in that job sector, the San Francisco Chronicle reports. Now consider San Mateo County (which includes part of San Francisco), where last year'... More »

Stop Bashing Silicon Valley Nerds

They've become scapegoats: Noah Smith

(Newser) - Silicon Valley has taken some serious heat lately on many fronts; in fact, as Noah Smith puts it on Bloomberg View , it's effectively been branded the new "Mordor." Among its evils: "venture capitalists who trick bright young people into throwing their lives away on hopeless startups;... More »

Tech Honcho Nabs History's Biggest Life Insurance Policy

Identity remains a mystery

(Newser) - An unnamed Silicon Valley billionaire has purchased the world's most valuable life insurance policy. Guinness Book of World Records officials say the $201 million life insurance policy is more than double the previous record, set in 1990 by an unidentified "entertainment industry figure," the San Jose Mercury ... More »

The Internet's Workforce Is Faceless

We've forgotten that huge deals have a human toll: George Packer

(Newser) - Early 20th-century America had its factory workers; later decades had store employees. But today's Internet economy hides the faces of its workers, writes George Packer in the New Yorker . "Amazon’s workforce is made up mainly of computer engineers and warehouse workers, but when you think of Amazon... More »

Split California Into 6 States? Petition Moves Ahead

Venture capitalist gets go-ahead to start collecting signatures

(Newser) - Californians may soon get a chance to vote on splitting their state into six smaller ones, reports the San Francisco Chronicle . Venture capitalist Tim Draper has gotten formal approval to start collecting petitions for his "Six Californias" idea. If he can get about 807,000 names by July 18,... More »

New Robo-Cop: 'R2-D2's Evil Twin'

300-pound Silicon Valley robot aims to keep an eye on things

(Newser) - Its makers don't like to compare it to "RoboCop or Terminator"—but it's hard not to. The K5 Autonomous Data Machine is an electronic security guard developed in Silicon Valley by a company called Knightscope, Fox News reports. It's five feet tall, weighs 300 pounds,... More »

Silicon Valley: Where America's Middle Class Died

Behind Google and Apple, there's a stark class divide: Charlotte Allen

(Newser) - Silicon Valley is home to creative thinkers, green cars, and cool cafes—right? True enough, but it's also a place where rich entrepreneurs live in one part of town and their poor Hispanic maids and gardeners live in another. And tech workers cluster in apartments because houses are too... More »

Walmart Tries to Look Cool in Silicon Valley

Has foosball tables, conference room named after Justin Bieber

(Newser) - Amazon has left Walmart in the dust in the online shopping game, so now the big-box store empire is playing catch-up, rapidly expanding its presence in Silicon Valley. To do so, the company is trying to replicate a hip Bay Area start-up environment, reports the New York Times : Walmart's... More »

GOP Turns to Silicon Valley to One-Up Democrats

RNC hopes to improve on Obama campaign's digital strategy: Washington Post

(Newser) - President Obama's 2012 campaign schooled Republicans in the art of digital campaigning—mining data about voters and tailoring pitches directly to them. Now, Republicans hope to return the favor for next year's congressional elections, reports the Washington Post . The multimillion-dollar plan involves opening a Silicon Valley office and... More »

Stop Trusting Geeks Like Obama

Like Google, Facebook, and co., Obama assures us he's got good intentions

(Newser) - Many people are confused by President Obama's relentless prosecution of Bradley Manning , and pursuit of other leakers . Isn't he supposed to be a Silicon Valley-style transparency-loving geek? That view is "charmingly naïve," writes Edward Luce at the Financial Times . "Obama is no traitor to... More »

2 Big Names Bail on Zuckerberg Advocacy Group

Elon Musk is one, angry over ads supporting Keystone pipeline

(Newser) - The advocacy group spearheaded by Mark Zuckerberg on immigration reform is down two high-profile players from Silicon Valley because of an ad strategy that has angered environmental and liberal groups, reports Reuters . The bigger name to leave is Tesla CEO Elon Musk. "I agreed to support because... More »

Coming Soon: Floating Colony for Silicon Valley Start-Ups?

Project would welcome foreign entrepreneurs onto offshore cruise ship

(Newser) - Silicon Valley can be a tough place for foreign tech entrepreneurs to put down roots—so some local businessmen are suggesting they float instead. Max Marty and Dario Mutabdzija intend to set up a floating colony, in the form of a cruise ship 12 miles offshore in international waters. The... More »

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