Santa Clara – Page 5 – California Globe

Silicon Valley Bank Ties to California First Partner Jennifer Newsom

March 12, 2023 10:14 amMarch 13, 2023 6:38 pm

Silicon Valley Bank was closed Friday by the California Department of Financial Protection and Innovation, with the FDIC in charge of liquidation. SVB was one of the largest banks in the country and one of the premier banks of Venture Capital...

State Regulators Shut Down Silicon Valley Bank

March 10, 2023 12:46 pmMarch 10, 2023 12:46 pm

The California Department of Financial Protection and Innovation announced on Friday that the Silicon Valley Bank (SVB) would be shut down with the FDIC in charge of liquidation, officially ending one of the largest banks in the country and one...

California Physician Concerned for Future of Healthcare, Scientific and Medical Freedom

March 8, 2023 8:00 amMarch 9, 2023 5:29 pm

UPDATE BELOW: “A million Americans lost their lives and the rest of us lost our liberties.” This assertion is from the candidate statement of Dr. Richard Fox, a physician and attorney, who recently ran for Congress in Santa Clara’s District...

Stanford Univ. Anonymous Bias Reporting System Like ‘Something out of the Soviet Union and China’

March 4, 2023 8:00 amMarch 4, 2023 8:11 am

Stanford University’s system for students anonymously reporting alleged bias incidents is under attack by some of the school’s professors. Two professors at the elite school told the California Globe that the system threatens free speech and is reminiscent of McCarthyism...

Elon Musk, Gov. Newsom Announce Tesla’s New Engineering HQ in California

February 22, 2023 7:02 pmFebruary 22, 2023 7:02 pm

Governor Gavin Newsom and Tesla CEO Elon Musk in a joint announcement Wednesday said that Tesla would be moving their Global Engineering and AI Headquarters back to Palo Alto only 15 months after having the Headquarters officially move to Austin,...

Yahoo, Twilio Lay Off Thousands As Bay Area Tech Cutbacks Continue

February 13, 2023 12:28 pmFebruary 13, 2023 12:29 pm

Cloud Communications software maker Twilio announced on Monday that 17% of their workforce, or roughly 1,500 workers, will be laid off. The layoff, along with the 20% job cut, or almost 1,700 workers, at Yahoo announced during the weekend, became...

PayPal, NetApp Lay Off 3,000 Employees In Latest Silicon Valley Tech Cuts

February 1, 2023 12:19 pmFebruary 1, 2023 12:19 pm

Another round of layoffs at Silicon Valley tech companies happened on Tuesday, with companies such as PayPal and NetApp eliminating several thousand more positions across the Bay Area. Beginning in October of last year, tens of thousands of jobs in...