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Silicon Valley

SILICON VALLEY ECONOMY BOOMS

Silicon Valley's VC Firm Partner Dismissed Over Disturbing Lawsuit of Sexual Abuse

A lawsuit filed on March 8 claimed that Sequoia Capital’s partner Michael Goguen has sexually, physically, and emotionally abused a woman for 12 years. Mr Goguen has been dismissed from the firm regarding the case and is seeking to file a cross complaint and prove he’s not guilty of the alleged crimes.

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General Motors Expected To File Paperwork For IPO

General Motors Acquired Silicon Valley-based Cruise Automation, Aims to Integrate Autonomous Cars Software to Manufacturing

General Motors is moving forward to compete in the autonomous car markets. The giant automaker has acquired a driverless cars software maker, Cruise Automation, for reportedly more than $1 billion.

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Donald Trump Holds Campaign Rally In Dallas

Tim Cook, Elon Musk, and Larry Page Are Among Reported Tech Elites Meeting Up With Republican Leaders to Devise an End to Trump's Presidential Run

Top tech elites were reportedly involved in a secretive meeting to stop Republican front-runner Donald Trump. The forum was also attended by Republican leaders and other representatives from the private sector.

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INDIA-ECONOMY-TECHNOLOGY-BUSINESS-INVESTMENT

Silicon Valley on India: Striking The Iron While It's Hot

There is a saying "Strike while the iron is hot". That is what Silicon Valley is doing - investing big in India where the economy grows faster.

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Inside The Google Camp

Tech Salaries Are More Than Double Average Pay in 2015 As The Industry Continues To Grow

Tech salaries are soaring higher, as last year it more than doubles the average pay in other sectors. It proves that the tech industry remains a major driving force in the U.S. economy with high income and massive job gains across the country.

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Eric Schmidt Visits FOX Business Network's 'Opening Bell With Maria Bartiromo'

Alphabet's Eric Schmidt Recruited by the Pentagon to Lead a Special Defense Board

Alphabet Executive Chairman Eric Schmidt has been appointed by the Pentagon to lead a special defense board. He will personally advise the agency on emerging tech brought familiar to him in Silicon Valley. Pentagon is reaching out to Silicon Valley as well as hackers to help improve the bureaucracy’s digital security.

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Aerial Views Of The Bay Area As The City Seeks Break From Rising Rents

Data Showed More Tech Workers Are Leaving Silicon Valley

Cities like Austin, Texas, and Seattle, and Seattle have become a new target for tech workers. They are areas in which the tech startups are increasing in large number.

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Sen. Charles Schumer Opens Google's New Offices In New York City

Silicon Valley Startups Are Buying Fewer High-End Bikes as Bonuses as They Seek to Cut Expenses

Bikes maker Palo Alto Bicycles, which Silicon Valley startups have often contacted to purchase high-end custom bikes for their employees, have confirmed a decline in sales. The declining sales are likely to be an indicator that startups are being more careful in spending money as investors got tighter in demanding profitability.

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Golden Gate Bridge by Joseph Baermann Strauss

San Fransisco Lead Venture Capital Investment in the U.S.

As the birthplace of venture capital in 1960's, a report from Martin Prosperity Institute showed that San Francisco is still leading venture capital investment in the United States. While New York and East Coast region followed behind.

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Facebook Debuts As Public Company With Initial Public Offering On NASDAQ Exchange

Fenwick & West Survey Finds Valuations in Silicon Valley Weakening

The latest quarterly survey of Fenwick & West LLP found most Silicon Valley companies that raised venture funding in the fourth quarter of 2015 softened.

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SILICON VALLEY ECONOMY BOOMS

Schwark Satyavolu Joins Trinity Ventures as General Partner for Fintech

Serial entrepreneur, advisor, and investor Schwark Satyavolu will join Silicon Valley investment firm Trinity Ventures. He will be taking care of fintech, a subject matter in which he has impressive experiences. Trinity Ventures will invest in new deals with its $400 million fund closed in November 2015 with the help and advise from Mr. Satyavolu.

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Key Speakers At The Robin Hood Veterans Summit

Steve Cohen's hedge fund investing in trading talent

Reeling under pressure, the hedge fund segment is facing talent crunch to render its services more qualitatively. Considering the need of the hour, billionaire Steve Cohen-owned hedge fund Point72 Asset Management is investing in grooming the talent pool. It's offering two programs to train young graduates.

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Germany Seeks Permanent Nuclear Waste Storage Site

Veolia Acquired Silicon Valley Startup Kurion for $350 Million

The deal was a huge move forward for both Veolia and Kurion. Veoila is determined to expand its business to nuclear waste management and believes that Kurion is the perfect partner to achieve that goal. Kurion itself is a successful startup focusing in nuclear waste involved in the Fukushima nuclear incident clean-up in 2011.

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Facebook Executives Reveal New Features For Popular Social Networking Site

Half of the 229 unicorn start-ups found in California, $175B in funding, $1.3T valuation, bubble highly unlikely

Developers of revolutionary products with $1 billion in valuation are called unicorns, and there are so many of them sprouting. Most of them are in California. There are some who fear of another bubble, but most dismiss this forecast.

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Australian Prime Minister Malcolm Turnbull

Australia's Huge $1.1 billion Innovation Fund to Help Startups and STEM

Australia's Prime Minister Malcolm Turnbull, has announced a huge investment of $1.1 billion innovation fund to help startups and STEM. The National Innovation and Science Agenda, announced at Australia's science body in Canberra CSIRO on Monday, has been labeled as an "ideas boom" to move Australia forward after the "mining boom."

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