Maria Fernanda Lopez had a paying job lined up even before she graduated in computer systems engineering from Mexico's prestigious private Tec de Monterrey in Guadalajara — a city broadly considered the country's Silicon Valley — two months ago. Then she applied for another one and got it. “The salary and the amount of benefits that I have right now … I mean, it's insane,” she says. Nearly all of her fellow students in a class of 23 already have jobs. They're riding a boom that could fundamentally transform Mexico's economic relationship with the U.S. across their contentious border. For decades, American outsourcing south of the border has evoked images of factory assembly lines where agile,
Miami is famous for beach parties, gators that wander onto golf courses and iguanas that tumble out of palm trees. The word is meant to represent the tropical answer to the Silicon Valley "unicorns," start-ups that are worth more than $1 billion. While still lagging behind San Francisco and New York, the Florida city is trying to position itself as a tech hub, and already has its first "unicorns" under its belt.
Remember back in 2018 when Facebook's Mark Zuckerberg became a meme for his testimony in front of Congress? Turns out fictional techies can mess up just as badly. In a new preview for the sixth and final season of HBO comedy Silicon Valley, Richard Hendricks (Thomas Middleditch) makes Zuckerberg look like a smooth-talking pro by comparison. "He looks like a child in a messy custody hearing," snarks Richard's employee Gilfoyle (Martin Starr). "But like, you don't feel sorry for him?" adds co-worker Dinesh (Kumail Nanjiani). "You just want him to go away and not have any parents at all." In addition to Richard's bumbling testimony, Gavin Belson (Matt Ross), seems ready to take on Amazon, asking,
Canada has developed a program called Global Talent Stream to speed up its visa process for skilled tech workers. More U.S. companies are opening offices in Canada to tap tech talent, including Google, Facebook and Amazon. Tech ecosystems have emerged in Montreal, Toronto, Vancouver and Waterloo, specializing in such fields as AI. In 2018 Sarah Nahm, CEO of Lever, a human resources software company that uses analytics to help its clients hire, began scouring the U.S. for a place to set up a second headquarters. The San Francisco-based business wanted to better service its East Coast clients by having an office closer to them, so it looked at opening up a location in Boston, New York or Atlanta.
Earlier this year, Jack Dorsey, a cofounder and the CEO of Twitter, tweeted that he doesn't eat for 22 hours of the day, and sometimes not at all. He wrote that he had been “playing with fasting for some time,” consuming all of his daily calories between 6:30 and 8:30 p.m. On some days he subsists only on water. “The first time I did it, like day three, I felt like I was hallucinating,” he later told an interviewer. “It was a weird state to be in. But as I did it the next two times, it just became so apparent to me how much of our days are centered around meals and how—the experience I had was when I was fasting for much longer, how time really slowed down.” Naturally, the Internet broke. Virginia
Caption Close Bay Area companies are bracing for a rough time as ominous early warning signs of recession emerge amid trade wars, international tensions and stock-market gyrations. Wall Street recorded a turbulent week, with a stunning 800-point plunge in the Dow Jones Industrial Average on Wednesday followed by gains that still left the major indexes down for the third week in a row. “If we were driving down the freeway together, there would be a sign that says, 'Caution, bumpy roads ahead,'” said Carl Guardino, CEO of Silicon Valley Leadership Group, a public policy trade association representing more than 350 major employers. On Thursday he emailed several CEOs of companies across a range
UPDATED, 12:19 PM: HBO has set 10 p.m. October 27 for the debut of the sixth and final season of its comedy Silicon Valley. It will be followed at 10:30 by the premiere of seven-episode limited series Mrs. Fletcher, starring Kathryn Hahn and Jackson White. Mrs. Fletcher begins as Eve Fletcher (Kathryn Hahn), a mid-40s single […]
The phrase “pull yourself up by your own bootstraps” was originally meant sarcastically. It's not actually physically possible to do — especially while wearing Allbirds and having just fallen off a Bird scooter in downtown San Francisco, but I should get to my point. This week, Ken…
The phrase “pull yourself up by your own bootstraps” was originally meant sarcastically. It's not actually physically possible to do — especially while wearing Allbirds and having just fallen off a Bird scooter in downtown San Francisco, but I should get to my point. This week, Ken Cuccinelli, the acting Director of the United States Citizenship and Immigrant Services Office, repeatedly referred to the notion of bootstraps in announcing shifts in immigration policy, even going so far as to change the words to Emma Lazarus's famous poem “The New Colossus:” no longer “give me your tired, your poor, your huddled masses yearning to breathe free,” but “give me your tired and your poor who can stand
PALO ALTO (KRON) – After nearly 40 years in business, iconic Silicon Valley cake shop The Prolific Oven has announced it will serve its last slice of cake at the end of this month. The family-run bakery, which first opened in 1980 at 550 Waverly Street, cited rising costs of keeping a small business open and a shortage of skilled employees as reasons for its closure. “We have stayed true to our commitment to excellence, to 'creating breads and pastries for the discriminating palate' and our refusal to lower our quality and standards has resulted in an unsustainable business model in Silicon Valley,” the bakery wrote in a bittersweet Facebook post announcing its closure. The bakery's last day
China's biggest obstacle to lead self-driving technology is clouded by intellectual property infringements.
WeWork CEO Adam Neumann, like the CEOs of other high-flying startups that have gone public recently, holds shares in his company that will give him extra votes. But Neumann's stock will give him 20 votes per share — twice as many as votes as the stock held by many of his peers, the company…
EXCLUSIVE: TriStar Television is developing Alpha Girls, a Silicon Valley drama series based on Julian Guthrie's praised new book, Alpha Girls: The Women Upstarts Who Took on Silicon Valley's Male Culture and Made the Deals of a Lifetime. The rights deal, orchestrated by producer Cathy Schulman, is said to be TriStar TV's biggest since TriStar Pictures President Hannah Minghella added oversight of the TV unit in January. Margaret Nagle (The Good Lie) will pen the adaptation for what is being eyed as an ongoing TV series. Schulman executive produces; Guthrie serves as a co-producer. Schulman's Welle Entertainment originally landed the rights to the nonfiction book by Guthrie, a New York Times
There's never been a better time to build a company outside the Bay Area By David Frankel, Managing Partner & Joe Flaherty, Director of Content & Community The Bay Area has been the best place to build a startup for the last two decades. Some experts are questioning if that's still true, but it's clearly not the only place an entrepreneur can create a transformative company. However, outside of New York and LA, discussion about startup geographies quickly tends to degrade into civic boosterism. To help nudge the discourse onto more empirical footing, we wanted to quantify the various startup hubs using exit value as the key metric. Overview Tech startup exits 01/01/2009 - Present USA,$1B+ Exits,$500M-$1B