Friday, February 23

Tag: silicon valley

5 Web Series You Must Watch to Bring Out the Entrepreneur in You
INSPIRATIONAL

5 Web Series You Must Watch to Bring Out the Entrepreneur in You

The trend of web and TV series these days is touching heights and people are quite addicted of watching these series. Moreover, these series seem to be short and crisp and thus, are loved by everybody. They aren’t a lot time consuming yet interesting to watch. Web Series have been launched in all spaces including comedy, romance, drama and much more. Today, we will tell you about the five best business oriented web series that would definitely bring out the entrepreneur in you. Reading books is okay, but a visual guide to help you embark on this journey definitely does a better job. From the last few years, many series have come up related t startups and entrepreneurship that are making it to every young entrepreneur’s ‘must watch’ list. So here we go!     TVF PITCHE...
Microsoft Launch ‘The Garage’ Project in India
News

Microsoft Launch ‘The Garage’ Project in India

Microsoft installed its first ‘Garage’ in Hyderabad to encourage employees to come up with new products and solutions relevant to the modern age such as Internet of Things (IoT), robotics and quantum computing. The huge facility of 8,000 sq. ft. is the Microsoft’s second biggest unit of the type worldwide with the Redmond facility in US being the largest. The initiative of ‘The Garage’, a workplace to promote innovative creations among employees has been in force since 2014 but a specifically designed space for the purpose was not yet dedicated to the workers. The newly erected workplace in Hyderabad possesses three dedicated lab sections more specifically a hub for hackathons and workshops, a makerspace and a reality room. “The Garage is a platform for our employees that supports and ...
Flipkart To Invest $25M in Silicon Valley Based AI Startup To Enhance Tech
News

Flipkart To Invest $25M in Silicon Valley Based AI Startup To Enhance Tech

Arch rivals Flipkart and Amazon come up with strategies day-by-day, in order to surpass the competition and stand as number one in the market. In consideration to the fact, the domestic e-commerce giant, Flipkart is looking to invest $25 million (Rs 160 crore) in Silicon Valley to upgrade its technology heap by focusing on deep technology, a report in a financial daily said. Such expansion comes over a month after the E commerce firm created an Internal Al unit known as AlforIndia. It is reported that the Bengaluru based business is keen to invest such a huge amount in at least one artificial intelligence (AI) startup based in Silicon Valley. "They (Flipkart) are looking at tech acquisitions in the valley because differentiated tech is a new focus area for the company. The idea is...
First Time Facebook To Build Houses in Silicon Valley
News

First Time Facebook To Build Houses in Silicon Valley

The shortage of housing in California's Silicon Valley has gotten so severe that Facebook Inc on Friday proposed taking homebuilding into its own hands for the first time with a plan to construct 1,500 units near its headquarters. The growth of Facebook, Alphabet Inc's Google and other tech companies has strained neighborhoods in the San Francisco Bay area that were not prepared for an influx of tens of thousands of workers during the past decade. Home prices and commute times have risen. Tech companies have responded with measures such as internet-equipped buses for employees with long commutes. Facebook has offered at least $10,000 in incentives to workers who move closer to its offices. Those steps, though, have not reduced complaints that tech companies are making communities ...
Uber CEO Quits Trump’s Business Advisory Group
News

Uber CEO Quits Trump’s Business Advisory Group

Uber Technologies Inc Chief Executive Officer Travis Kalanick quit President Donald Trump's business advisory group on Thursday amid mounting pressure from activists and employees who oppose the administration's immigration policies. Critics included Uber drivers, many of whom are immigrants themselves. "Joining the group was not meant to be an endorsement of the president or his agenda but unfortunately it has been misinterpreted to be exactly that," Kalanick, who had planned to attend a meeting of the group on Friday, said in an email to staff that was seen by Reuters. Uber spokeswoman Chelsea Kohler later confirmed that he had left the group. Social media campaigns had targeted Uber, urging users to delete accounts and opt for rival Lyft Inc. Uber has been emailing users who...
Silicon Valley Based 3D Printing Startup Carbon Raises $81M in Funding
FUNDING

Silicon Valley Based 3D Printing Startup Carbon Raises $81M in Funding

Carbon, a Silicon Valley startup that is developing 3D printers to produce medical devices and car parts on demand, said on Thursday it had closed on $81 million in funding that brought the total it has raised to $222 million. "We wanted to go find investors that share the scope of our vision and realize what we are talking about here is industrial re-invention," Kirk Phelps, Carbon vice president of product management, told Reuters at the company's headquarters in Redwood City, California. Founded in 2013, Carbon said the funding round was led by automaker BMW Group, industrial conglomerate General Electric, optics and imaging products company Nikon and chemical manufacturer JSR. They joined earlier investors Google Ventures and top tech venture capital firm Sequoia. "The...
Startup Running By an Indian Secretly Bought By Intel at $300 Million (2000 Crore)
ACQUISITION

Startup Running By an Indian Secretly Bought By Intel at $300 Million (2000 Crore)

Chip design maker Intel Corp. has secretly acquired silicon valley semiconductor startup called Soft Machines Inc about $300 million (cash-cum-stock deal ) to maintain its leadership position. The news was first reported by technology website The Register. The team of Soft Machines have become part of Intel from Thursday. This  new deal is on the heals of Intel shedding as part of a spinout their security unit into a new company that will be owned in-part by private equity firm TPG. Intel will retain a 49 percent ownership stake of the entity with TPG taking the majority stake. In exchange, Intel will be receiving $3.1 billion in cash. Soft Machines is a semiconductor company co-developing VISC architecture-based processor and SoC products for all major performance computing platforms a...
3 Indian Startups Making Their Way To The Silicon Valley
News

3 Indian Startups Making Their Way To The Silicon Valley

Y Combinators(YC) has inducted three of Indian Startups for the summer batch. It is fit the first time that a bunch of Indian startups have made their ways into Silicon Valley's one of most coveted accelerator programmes. The three startups that have been selected by YC are Innov8, a co-working space in CP, New Delhi, JustRide, a self-ride car rental app, and Meesho, an app for sellers on Whatsapp and Facebook. The accelerator will be investing $120,000 in startups for a 7% equity stake across two batches every year, and the programme is based out of its Mountain View headquarters. "Each of the founders from India in the current batch has personal experience with the problems they are solving, which gives them unique insights into the market they operate in. India is now only second...
Silicon Valley Founding Father Tom Perkins Dies at 84
News

Silicon Valley Founding Father Tom Perkins Dies at 84

Thomas Perkins, one of the founding fathers of Silicon Valley, died on Tuesday at age 84 at his home in Belvedere, California, according to the Marin County coroner's office. As co-founder of the venture capital firm Kleiner Perkins Caufield and Byers, Perkins played a major role in the formative years of the computer and biotech industries. The firm that bears his name went on to fund some of the biggest names of the internet era, including Google and Amazon. Perkins helped start Kleiner Perkins in 1972 with Eugene Kleiner after working as the first general manager of Hewlett Packard Co's computer division and later starting University Laboratories, a laser company that used Perkins' own optical inventions. "He was there at the start of the biotech industry and the computer revol...
Nest CEO Tony Fadell Steps Down, to Remain Adviser to Google Co-founder Larry Page
News

Nest CEO Tony Fadell Steps Down, to Remain Adviser to Google Co-founder Larry Page

Tony Fadell, a well-known Silicon Valley executive who was once expected to play a central role in Alphabet's hardware efforts, has stepped down as chief executive of the search giant's Nest unit, the company said. Fadell will remain an adviser to Alphabet and Google co-founder Larry Page. He will be replaced at Nest, which makes smart thermostats and smoke detectors, by Marwan Fawaz, who had prior stints at Motorola Mobility and Charter Communications. Google bought Nest in 2014 for $3.2 billion, one of the company's largest acquisitions ever. In a blog post announcing his departure, Fadell said Nest's revenue is growing 50% a year and boasted that "the connected home went mainstream because of Nest." "We've created a hardware + software + services ecosystem, which is still in...
Telangana May Set Up T-Hub Incubator Outpost in Silicon Valley
INDIA

Telangana May Set Up T-Hub Incubator Outpost in Silicon Valley

Telangana government today said it may set up an outpost of T-Hub, its technological incubator, in Silicon Valley, United States. According to an official release, state IT Minister K T Rama Rao, who is currently touring the North American country along with some of the senior officials, today addressed a convention of investors and IT professionals. "We are going to set up T-Hub outpost (extension centre) in Silicon Valley. We need support and cooperation from TiE ( a Global net work of entrepreneurs) and investors from Silicon Valley," the minister said. T-Hub is a unique public/private partnership between the Telangana government, three of country's premier academic institutes (IIIT-H, ISB and NALSAR) and key private sector leaders. KTR further said besides IT, India provides ab...
Indian Chai Stirred Into Silicon Valley Coffee Culture
Story

Indian Chai Stirred Into Silicon Valley Coffee Culture

San Francisco (AFP) - In a Silicon Valley culture known for brilliant ideas boiling up in coffee shops, Gaurav Chawla is pouring his heart into chai. Chawla was on a break from his job as an engineering manager at San Francisco-based cloud-computing star Salesforce when he began lamenting how tough it was to find a cup of chai as good as he makes it at home. That frustration, and echoed complaints by other natives of India, where the blend of spiced tea and simmered milk is woven into daily lifestyles, prompted him to start tinkering. "I took a rice cooker apart and reconfigured it to make chai," Chawla told AFP. "It made good chai, and I realized this process could be automated." While his background is in software engineering, Chawla went to work developing a chai machine as ...