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Silicon Valley News
Boost for startups in India: VC firm Accel Partners raises $550 million for new fund
Tue, Dec 03, 2019
Increased internet access and a growing middle class have led to a boom in startups in India. Japan`s Softbank Group Corp has said it expects to invest up to $4 billion in the country over the next two years.
Fintech startup Plaid valued at $2.65 billion in latest funding round: Source
Wed, Dec 12, 2018
Fintech startup Plaid has raised $250 million in its latest funding round led by one of Silicon Valley`s top investors, Mary Meeker, which according to a source familiar with the matter values the company at $2.65 billion.
Start-up shutdowns: Besides funding, there are other reasons to blame
Mon, Oct 29, 2018
Recently, drone operating system start-up Airware shut shop. Airware is not just any other name in the global start-up market. It's a venture that had only a while ago raised $118 million from a bunch of high-profile investors including Google.
Gujarat University’s four incubator to visit Silicon Valley; will pitch startup ideas in Google, Facebook and more
Sun, Apr 29, 2018
Four incubators from Gujarat University will visit Silicon Valley for three weeks, where these fellows will get an opportunity to pitch their startup ideas to major firms like Google, Facebook, Tesla and Paypal.
How China can help India take a giant leap in Artificial Intelligence
Mon, Apr 02, 2018
Measured by start-up financing deals and dollars from venture capitalists, the United States` AI start-up ecosystem currently dominates -- followed by China, says a recent Accenture analysis titled "Rewire for Growth". When it comes to India, the number of AI start-ups has increased since 2011 at a compounded annual growth rate of 86 per cent .
Twitter, Facebook asked to disclose more information on fake news
Fri, Jan 12, 2018
Major social media giants in the Silicon Valley have been under fire due to the widespread abuse of their services, including incidents of spread of false news stories regarding the US presidential election and live streaming of the violent acts on the services.
Nissan, NASA extend research into autonomous vehicles
Fri, Jan 12, 2018
The research collaboration with NASA roadmap consists of three workstreams of inter-related innovations in autonomous drive (Intelligent Drive), electrification (Intelligent Power) and infrastructure technologies (Intelligent Integration).
Fashion retailer Myntra to expand its presence in Silicon valley
Thu, Jan 04, 2018
Myntra is planning to add more than quarter of its overall revenue from its portfolio of private brands that it has added in its brand accelerator programme.
Samsung to chase big M&A deals on three fronts, says strategy chief
Sat, Dec 02, 2017
Young Sohn, the South Korean company`s Silicon Valley-based president and chief strategy officer, said he was keen for world’s top maker of memory chips, smartphones and televisions to expand in automotive markets, digital health and industrial automation.
Netflix shares jump as subscriptions top 100 million
Wed, Jul 19, 2017
Netflix shares leapt more than 10 percent to $178.75 in after-market trades that followed release of earnings figures showing the Silicon Valley-based company added 5.2 million subscribers in the recently ended quarter to raise the total to 103.95 million for its streaming service.
Tesla edges out GM to become most valuable US carmaker
Tue, Apr 11, 2017
For the first time in the era of the modern automobile, the most valuable US carmaker is not based in Detroit.
Aditya Puri features in world's 30 best CEOs list by Barron's
Sun, Mar 26, 2017
In hallmark style, the banker swiftly set out to remake India's second-largest private-sector bank into the digital spot for anything money-related, it said.
Tech start-ups in Silicon Valley see a decline in hiring
Mon, Feb 20, 2017
Growth in the tech start-up jobs in areas such as Bay Area in California has declined to 3.5% in 2016 from 6% in 2015 and 6.4% in 2014.
Ford to invest $1 billion in artificial intelligence startup
Sat, Feb 11, 2017
Ford will invest $1 billion over five years in an artificial intelligence startup with the aim of developing an autonomous vehicle by 2021, the auto giant said.
Indians in the US too bear brunt of Donald Trump's immigration ban
Sat, Jan 28, 2017
Banning Muslims from seven countries even if they held a 'green card' to enter the United States of America, US President Donald Trump has put in jeopardy many Indians who live and work in North America -- many of them on H1-B visas.
Hugo Barra resigns as VP Global operations of Xiaomi
Mon, Jan 23, 2017
Hugo Barra said that he will be returning to Silicon Valley after 3.5 years of working with Xiaomi in China.
Twitter shares tumble after Google rules out bid
Thu, Oct 06, 2016
Twitter shares dove in after-hours trades on the heels of a report that Google does not plan to bid for the culture-changing but unprofitable one-to-many messaging service.
Hyperloop pushes dream of low-cost futuristic transport
Fri, Sep 23, 2016
"We are not the train, we are not the car, we are not the plane," says Bibop Gresta, chairman of Hyperloop Transportation Technologies, one of several companies racing to build a prototype.
'StartInCollege' phase 2 to be launched at FICCI Global Skills Summit
Thu, Sep 15, 2016
Sanjay Vijayakumar, Chairman of Startup Village, "Apple, Microsoft, Google and Facebook are such generational companies that were built by college students to signify what they wanted in the world. We want our youngsters to follow a similar path."
Cauvery water dispute: India's Silicon Valley faces damage of Rs 25000 crore
Wed, Sep 14, 2016
“Violence in the state capital and other parts of Karnataka has severely dented the image of Bengaluru as Silicon Valley of India, home to almost all the Fortune 500 companies,” said ASSOCHAM while making a fervent appeal for peace in both Karnataka and Tamil Nadu.