Silicon Valley

Report: Proof Group Among Bidders to Relaunch FTX Crypto Exchange
Report: Proof Group Among Bidders to Relaunch FTX Crypto Exchange
November 06, 2023  |  Cryptocurrency

Investment firm Proof Group may be aiming to revive the bankrupt crypto exchange FTX. Proof Group is one of three bidders vying to reboot trading on FTX,...

READ MORE >
JPMorgan Pursues Silicon Valley Startups and VC Backers
JPMorgan Pursues Silicon Valley Startups and VC Backers
October 11, 2023  |  Startups

JPMorgan Chase & Co., the largest bank in the United States, is reportedly aggressively positioning itself as the leading financial partner for tech companies in...

READ MORE >
Report: Reid Hoffman Reduces Role at Greylock Partners to Focus on AI
Report: Reid Hoffman Reduces Role at Greylock Partners to Focus on AI
August 30, 2023  |  artificial intelligence

Venture firm Greylock Partners is reportedly experiencing a transition as Reid Hoffman, a prominent figure in the tech industry, scales back his involvement in new deals. Hoffman, a...

READ MORE >
UK Launches FinTech Fund Backed by Mastercard and Barclays
UK Launches FinTech Fund Backed by Mastercard and Barclays
August 16, 2023  |  Startups

The United Kingdom has taken a significant step to bolster its position as a global FinTech investment hub by launching a £1 billion investment fund,...

READ MORE >
Sequoia Capital Reportedly Downsizes 2 Major Funds
Sequoia Capital Reportedly Downsizes 2 Major Funds
July 27, 2023  |  Investments

Silicon Valley venture firm Sequoia Capital has reportedly downsized two major funds due to the downturn in the startup market. In a move reflecting the changes...

READ MORE >
Cash-Strapped Tech Startups Seek Acquisitions to Stay Afloat
Cash-Strapped Tech Startups Seek Acquisitions to Stay Afloat
July 14, 2023  |  Acquisitions

Cash-strapped tech startups facing a financing crunch are increasingly seeking to sell themselves to larger companies, launching a wave of takeovers of popular artificial intelligence...

READ MORE >
Private Equity Funds Regroup as Debt Financing Dries Up
Private Equity Funds Regroup as Debt Financing Dries Up
December 22, 2022  |  Investments

Private equity funds are seeking new ways to close deals as debt financing becomes scarce. That’s according to a Thursday (Dec. 22) report from Reuters,...

READ MORE >
Google’s Parent Alphabet Pursues Broader Drone Rights For Wing
Google’s Parent Alphabet Pursues Broader Drone Rights For Wing
April 23, 2021  |  Delivery

Alphabet subsidiary Wing is looking to expand its delivery drone operations to allow flight control from a central command hub, Bloomberg reported on Friday (April...

READ MORE >
Remote Tech Employees Face Pay Cuts In San Francisco
Remote Tech Employees Face Pay Cuts In San Francisco
October 11, 2020  |  Personnel

Some Silicon Valley companies are suggesting workers who relocate to remote locations should have their pay reduced to reflect their new lower costs of living...

READ MORE >