#silicon valley

Why tech companies like Tesla and Oracle moving their HQs to Texas?

Oracle and Tesla have announced they will be moving their headquarters to Texas from the Silicon Valley area in California in light of recent events. HPE, the subsidiary of a world-renowned and one of the oldest companies in Silicon Valley, HP,...

Tesla is halting production at Fremont factory in response to coronavirus

Tesla, the electric car maker, said that it is hanging on its production in its Fremont and New York factories from Monday, March 23, due to the growing pressure from the local health authorities to shut down to break...

Snap announces the third cohort of Yellow Accelerator Program

Snap Inc, the parent company of Snapchat, has launched the third cohort of its Yellow accelerator program. The program, debuted in 2018, was started to bring in creative minds and entrepreneurs to build great media companies for the next...

WeWork’s CTO is leaving the company

WeWork’s Chief Technology Officer Shiva Rajaraman has decided to step aside from his designation. He will remain in office for three months transition period, reported by Business Insider. Shiva Rajaraman joined WeWork in 2017 and lead the technology team, with...

AI-based health startup Healx raises $56M

Healx, a UK-based biotechnology startup, has secured a $56 million in Series B funding to combat rare diseases using AI as reported by Bloomberg. This funding round was headed by Atomico, an investment company led by Swedish billionaire and...

Is Silicon Valley paying enough Tax?

In the wake of the 2020 Presidential Election Campaign, Bernie Sanders unveiled his idea of wealth tax. The veteran senator called "Billionaires shouldn't exist.." last week in Washington. He embraced this idea by theorizing tax reforms and its method...

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