Mass tech layoffs that began in late October continued across Silicon Valley on Tuesday, with tech company Intel announcing 201 job layoffs in Santa Clara and Folsom. The trend of layoffs began just over a month ago when Twitter, shortly...
Meta, the Menlo Park-based parent company of social media sites such as Facebook, Instagram, and WhatsApp, laid off 13% of their employees, or over 11,000, on Thursday, continuing the stark trend of cutbacks at Bay Area and Silicon Valley tech...
Due to massive revenue drops, anticipation of a recession next year, a rise in costs, a high number of $100,000+ salaries, among other factors, Silicon Valley companies including Twitter, Lyft, and Stripe have cut thousands of jobs in only the...
According to a new Stanford University Hoover Institution report released on Thursday, the rate at which companies have been leaving California has risen dramatically since 2018, with the 153 company headquarters relocations in 2021, more than doubling the 75 that...
Since early May, the usage and investment in Bitcoin and other cryptocurrencies has plummeted worldwide. The most popular, Bitcoin, has gone from a high of a coin being worth $67,582 in November 2021 to under $50,000 in December, under $30,000...
Last year, former chair of the U.S. National Science Board Diane Souvaine, PhD, testified before the Congressional Committee on Science, Space, & Technology on U.S. competitiveness in critical technologies. After warning that other countries such as those in East and...
California Congressman Devin Nunes announced Monday he will resign from Congress to join former President Donald Trump’s new media startup company as its CEO. Nunes will remain in Congress until the end of the year. A source said the lawmaker...