silicon valley

Tech News

DSA probes wrapped up in months, Commission’s US tech envoy says

EU Commission 'not taking more time than needed' handling investigations.

18/06/2024

Tech News

Why is Europe trying to influence Silicon Valley with 'techplomacy'?

Denmark was the first to post an ambassador to Silicon Valley. Now, it is leading Europe's diplomats in putting Big Tech on "the right side of history".

23/03/2024

Tech News

Who is Sam Altman? From college dropout to creator of OpenAI's ChatGPT

The ousted leader of ChatGPT-maker OpenAI is returning to the company that fired him late last week, the latest in a saga that has shocked the artificial intelligence industry.

21/11/2023

Business

Meta to dismiss employees in metaverse silicon unit

Reuters reports that Meta is planning to lay off employees on Wednesday, in a move that could affect the company's plans to build augmented and virtual reality products.

04/10/2023

Home

Silicon Valley billionaires reveal secretive plans for utopian city

Silicon Valley billionaires - with some European investment - have bought up large swathes of land in California for a secretive new city project.

04/09/2023

Europe News

'No one will leave' the EU market because of new AI rules, says Breton

"Don't worry. No one will leave. No one," Thierry Breton, the European Commissioner for the internal market, told Euronews on Tuesday.

27/06/2023

Tech News

EU visits Silicon Valley to put Twitter under DSA 'stress test'

Thierry Breton is visiting California to see if Elon Musk's Twitter will comply with new regulations set out in the bloc's Digital Services Act.

23/06/2023

Tech News

Theranos founder Elizabeth Holmes begins jail sentence in Texas

Holmes has begun her sentence for a notorious hoax that involved dangerously overselling the capabilities of her company's blood testing technology.

31/05/2023

Tech News

'New gold rush': Why is Nvidia stock so hot right now?

The chip maker's stock has surged more than 20 per cent this week, lifting its market value close to $1 trillion as it rides the AI boom.

26/05/2023

Tech News

We tried Artifact, the 'TikTok of news'. Here’s how it works

Artifact, the new app developed by Instagram's founders, could rival Twitter for reading news and lifestyle articles.

23/05/2023

Tech News

Elizabeth Holmes loses bid to stay out of prison after Theranos fraud

The former CEO, who was convicted of defrauding investors after claiming her company would revolutionise healthcare, will now serve 11 years in jail.

12/04/2023

Tech News

Silicon Valley Bank's collapse exposes tech start-ups' fault lines

The SVB's failure is the largest since the 2008 financial crisis. Tech startups and venture capitalists are worried it might cost the sector dearly.

11/03/2023

Money

Silicon Valley Bank failed. Here's how and why it happened

Here's what to know about why SVB failed, who was affected most, and how it may or may not affect the wider banking system.

11/03/2023

Money

Silicon Valley Bank collapse the largest since 2008 financial crisis

The US, and the technology sector which were among its biggest customers, face another Lehman Brothers moment with the failure of SVB.

11/03/2023

Tech News

Elizabeth Holmes gets more than 11 years in prison for Theranos fraud

During the sentencing hearing, Holmes cried as she said she was "devastated" by her failures and would have done many things differently if she had the chance.

19/11/2022

Tech News

Twitter-Musk trial on $44 billion takeover deal to start in October

Elon Musk wanted a trial to commence next year but Twitter won its motion for an expedited trial over its lawsuit against the Tesla boss.

20/07/2022

Tech News

Theranos founder Elizabeth Holmes convicted of fraud and conspiracy

Holmes was convicted on two counts of wire fraud and two counts of conspiracy to commit fraud after seven days of deliberation.

04/01/2022

Tech News

Reddit files to take the company public

The self-described "front page of the internet" did not say how many shares it would offer, nor at what price.

16/12/2021

Tech News

Twitter tests 'soft block' feature to subtly remove unwanted followers

The new feature comes after an anti-harassment "safety mode" was announced earlier this month.

08/09/2021

Health news

First space, now immortality: Jeff Bezos’ quest to cheat death

The former Amazon CEO has reportedly invested in Altos Labs whose stated purpose is to research how to reverse ageing in cells.

07/09/2021