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AdvertisementSome venture capitalists expect US President Donald Trump to dial back regulation, potentially making it easier to develop new technologies and do business in Silicon Valley. Related VideoWhile many in Silicon Valley dislike Trump, many VCs and startup founders crave more freedom to pursue riskier new technologies unburdened by regulation. E-acc," referring to the recent Silicon Valley movement that wants technological advancements in AI to move as fast as possible, without any guardrails. Regulation has held Silicon Valley back in recent yearsVCs during Biden's presidency have complained about how tough it's been to get deals done. AdvertisementVCs anticipate an innovation boomAmerica is a country of entrepreneurs, and that's especially true in Silicon Valley.

Persons: —, Donald Trump, Elon, Ben Narasin, we've, Trump, Musk, cheekily, Vance, Augustus Doricko, Kamala Harris, Aaron Levie, Harris, Mark Pincus, Biden's, Louis Lehot, Foley, Lardner, Lina Khan —, it's, Biden, JD Vance, Khan, Mason Angel, who's, he's, Narasin, Ben Thompson, Rainmaker's Doricko, Angel Organizations: Service, Elon, Venture, White, Department of Government, Zynga, acc, Google, Microsoft, Nvidia, Federal Trade Commission, Department of Justice, Trump, Republican, Big Tech, FTC, SpaceX, Space Force Locations: Silicon Valley, Silicon

☆ Early Facebook investor Accel raises $650 million fund to back European and Israeli startups
▼ + stars: | 2024-05-13 | by ( Ryan Browne | ) www.cnbc.com time to read: +6 min

AccelVenture capital firm Accel said Tuesday it's raised $650 million for its eighth fund targeted at investing in European and Israeli early-stage startups, in a sign the venture capital market may be showing signs of a recovery. "The environment has dramatically changed since then," Nelis told CNBC. Climate-focused VC firm World Fund closed a 300 million euro fund in March. "We're lucky that with DeepMind here in London and with Fair [Facebook AI Research] in Paris, there's at least two big centers that have great AI expertise," Nelis told CNBC. "My expectation is Europe is going to generate some really interesting AI application companies," Nelis told CNBC.

Persons: Harry Nelis, Sonali de Rycker, Andrei Brasoveanu, Luca Bocchio, Philippe Botteri, it's, Nelis, UiPath, Russia's, Wise, Magnus Grimeland, Grimeland, there's, Victor Riparbelli, Synthesia, Riparbelli Organizations: Accel, Accel Venture, Spotify, CNBC, Skype, U.S, Nvidia Locations: Europe, Israel, Lithuania, Romania, Ukraine, New York, U.S, London, Paris, Synthesia

Circuit Court of Appeals in San Francisco over the Cambridge Analytica scandal, where data for up to 87 million users was accessed. Investors claimed that Facebook, as the company was known, misled them in 2016 by describing data breaches as a mere "risk," when it knew that Cambridge had accessed user data. "It's not plausible that the company was trying to mislead the public about something the public already knew," he said. Facebook paid more than $5 billion in penalties to U.S. authorities over Cambridge Analytica. It agreed to pay $725 million to settle a lawsuit by Facebook users in December.

☆ Watch CNBC's full interview with Roger McNamee
▼ + stars: | 2023-01-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Roger McNameeRoger McNamee, Elevation Partners co-founder and early Facebook investor, joins 'Squawk on the Street' to discuss big tech's January rally and his thoughts on some big tech names.

☆ Early Facebook investor says Zuckerberg isn't cutting costs fast enough
▼ + stars: | 2023-01-19 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +2 min

Jim Breyer, one of Facebook's earliest investors, believes that Meta isn't cutting costs fast enough amid the company slated to report its third consecutive quarterly revenue decline. "But they're gonna be under a lot of pressure for the next 12 months, and they're not cutting costs fast enough, in my humble opinion." "The Metaverse is years away," Breyer added, regarding the company's 2021 name change and subsequent multibillion-dollar investment into virtual reality and augmented reality technologies. "It'll be Apple, it'll be Google, it'll be Sony as well as Oculus, but watch for a big holiday in the world of virtual reality." At the University of Texas, they just banned Tiktok from all devices," Breyer said referring to a December decision by university officials.

☆ Facebook and Mark Zuckerberg just raised a giant middle finger to Wall Street. The company says its metaverse business will lose even more money next year.
▼ + stars: | 2022-10-26 | by ( Kali Hays | ) www.businessinsider.com time to read: +3 min

Facebook warned that its Reality Labs metaverse business will lose even more money in 2023. It lost $10 billion over the whole of 2021, and the company said spending costs for Reality Labs are only going to keep growing. "We do anticipate that Reality Labs losses in 2023 will grow significantly year-over-year," the company said. He specifically asked Facebook to limit metaverse spending to $5 billion a year. A main part of the immersive digital world Mark Zuckerberg is attempting to build out is avatars.

☆ Rohingya seek reparations from Facebook for role in massacre
▼ + stars: | 2022-09-29 | by ( Associated Press | ) www.nbcnews.com time to read: +7 min

But some very narrow minded and very nationalist types escalated hate against Rohingya on Facebook,” he said. Instead, Meta’s algorithms “proactively amplified and promoted content” on Facebook, which incited violent hatred against the Rohingya beginning as early as 2012. And they are asking Meta to pay reparations for its role in the violent repression of Rohingya Muslims in Myanmar, which the U.S. declared a genocide earlier this year. “These algorithms are really dangerous to our human rights. The Rohingya refugees are seeking unspecified reparations from the Menlo Park, California-based social media giant for its role in perpetuating genocide.

☆ Companies need to manufacture much closer to North America in next bull market, says Elevation's McNamee
▼ + stars: | 2022-09-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCompanies need to manufacture much closer to North America in next bull market, says Elevation's McNameeRoger McNamee, Elevation Partners co-founder and early Facebook investor, joins 'Squawk on the Street' to discuss his investing outlook amid today's current market environment, what's changed about the investing environment and what he's seeing in the private markets.

☆ The founder of $2.8 billion Getir explains why investors hope to find the next Uber among 10-minute grocery apps
▼ + stars: | 2021-05-01 | by ( Shona Ghosh | ) www.businessinsider.com time to read: +10 min

Turkey's Getir recently hit an eye-watering $2.8 billion valuation for its grocery delivery service. The hot new consumer trend for venture capital investors is grocery apps that promise deliveries in as little as 10 minutes. Turkish grocery delivery app Getir bills itself as the original gangster. The amounts of cash flooding into the sector and the accompanying valuations are puzzling, given that grocery delivery is famously low margin. Insider: Running a grocery business is quite different to ride hailing.

Astfel, comunicarea este o provocare a managementului, în care reacția trebuie sa fie strategică, promptă și reactivă, folosind comunicarea digitală ca o alternativă de viitor. Consumatorul trebuie sa fie informat corect și deplin, trebuie să fie de acord să recepționeze mesaje comerciale și să i se prelucreze datele cu caracter personal. Ludmila Andronic, Director Afaceri Corporative, Efes Vitanta Moldova Brewery: „În Republica Moldova am fost prima companie care a anunțat restricții pe teritoriul său din cauza pandemiei. Primul pas a fost sa instaurăm reguli generale pentru întreg grupul. Pentru noi a fost un pic mai ușoară trecerea la comunicare digitală, deoarece până atunci noi deja realizam ședințe online.

Persons: Webinarul, Rodica, Ludmila Gurău, Ludmila Andronic Organizations: Agenția, Facebook Invest Locations: Republica Moldova, Carolina, cofondatoare, Efes, Moldova, Facebook Invest Moldova

☆ Lady Gaga's boyfriend is a tech CEO who went to Harvard with Mark Zuckerberg and now works for Facebook billionaire Sean Parker
▼ + stars: | 2020-02-05 | by ( Avery Hartmans | Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Lady Gaga's boyfriend, Michael Polansky, is a tech CEO who works for Napster cofounder and former Facebook president Sean Parker. Polansky attended Harvard at the same time as Mark Zuckerberg, and worked for early Facebook investor Peter Thiel. One such couple was Lady Gaga and her boyfriend, Michael Polansky, who hails from the tech world. Polansky is a tech CEO who works for Napster cofounder and former Facebook president Sean Parker. Gaga and Polansky has reportedly been dating since at least 2020, and attended the Super Bowl together last week.

Persons: Gaga's, Michael Polansky, Sean Parker, Polansky, Mark Zuckerberg, Peter Thiel, Gaga, Parker, —, Taylor Swift, Travis Kelce, Lady Gaga Organizations: Napster, Harvard, Service, Super Locations: Polansky

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