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In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVenture capitalist discusses how Silicon Valley, Musk view the U.S. electionVenky Ganesan, partner at Menlo Ventures, discusses how Silicon Valley is looking at the U.S. presidential elections and Tesla owner Elon Musk's endorsement of Republican nominee Donald Trump.
Persons: Venky Ganesan, Elon Musk's, Donald Trump Organizations: Email Venture, Menlo Ventures, U.S
Carly Still had been working as a gardener in the Hudson Valley when she decided to move to the city 13 years ago. She happened onto a part-time position at the Met Cloisters, in Upper Manhattan, where she encountered many plants for the first time — ones with curious common names like skirret, weld and costmary — and others that she knew too well, or thought she did. Among the familiar ones were several that she had removed whenever she came upon them in her old job. Stinging nettle (Urtica dioica), for example, is tricky to garden around in cultivated areas, as anyone who has accidentally grabbed a handful while weeding or brushed bare skin against it will attest. She also recognized greater burdock (Arctium lappa), broadleaf plantain (Plantago major) and even some dandelions in the Bonnefont Cloister Herb Garden, one of three main gardens at the museum of medieval art that opened in 1938 as a branch of the Metropolitan Museum of Art.
Persons: Carly Still, Organizations: Metropolitan Museum of Art Locations: Hudson, Upper Manhattan
The Vice President has already secured several influential political endorsements, including the support of President Joe Biden. AdvertisementSheryl SandbergFormer Meta executive Sheryl Sandberg endorsed Kamala Harris for president on social media on Monday. AdvertisementReed HastingsNetflix's Reed Hastings is supporting Harris' presidential bid with a $7 million donation. Ron ConwaySilicon Valley "super angel" investor Ron Conway has also backed Harris' presidential run. She said in an X post: "I am proud to support Vice President Harris.
Persons: , Kamala Harris, Joe Biden, Biden, Harris, She's, Sheryl Sandberg, Sandberg, @kamalaharris, Reed Hastings, Hastings, Ron Conway, Conway, Donald Trump, @KamalaHarris, George Soros, Alex Soros Alex Soros, Melinda French, Bill Gates, Melinda French Gates Organizations: Service, Democratic, Business, Meta, Soros Fund Management, Wall Street Journal Locations: Harris
International Olympic Committee President Thomas Bach with Salt Lake City Utah delegation members after it was announced that Salt Lake City Utah will be the location for the 2034 Winter Olympics. PARIS — The Winter Games will make a return visit to Salt Lake City in 2034 while the 2030 Olympics were tentatively set for the French Alps, officials said Wednesday. "The last 10 days of my life were totally unexpected," Fraser Bullock, head of the Salt Lake City bid, told NBC affiliate KSL minutes after the vote for Salt Lake City. But with an 83-6 vote for Salt Lake City to host, Bullock said he believes the IOC has total confidence in 2034 organizers. The naming of Salt Lake City and French Alps as the next two winter sites had been in the works for months, with only moderate concerns rooted in France's snap elections.
Persons: Thomas Bach, PARIS —, Spencer Cox, Erin Mendenhall, Peacock, Fraser Bullock, Bullock, Utahans, Kaitlin Eskelson, it's, Emmanuel Macron Organizations: Olympic, Utah Gov, Olympic Committee, Winter, IOC, Doping Agency, U.S, NBC, KSL, Washington, Eccles, University of Utah, United Locations: Salt Lake City Utah, PARIS, Salt Lake City, Salt Lake, Paris, Tokyo, Utah, Rice, United States, Lake Placid, Squaw, France, Chamonix, Grenoble, Albertville, French
Vice President Kamala Harris' allies in the tech community have launched a behind-the-scenes lobbying campaign to convince wealthy donors to back her campaign for president, according to people familiar with the matter. Longtime investors Reid Hoffman and Ron Conway have been among Harris' allies in Silicon Valley privately calling on those in their networks to support the vice president over former President Donald Trump, these people explained. The conversations have been ongoing since Sunday, when President Joe Biden dropped out of the race and endorsed Harris, according to people who described the discussions to CNBC. Hoffman convinced Netflix chairman Reed Hastings to support Harris with a $7 million donation to a pro-Harris PAC, according to The Information. A source familiar with the lobbying push by Conway, Hoffman and others estimates that their efforts alone are on track to raise over $100 million from major tech industry donors.
Persons: Kamala Harris, Reid Hoffman, Ron Conway, Harris, Donald Trump, Joe Biden, Conway, Marc Andreessen, Ben Horowitz, Andreesen Horowitz, Hoffman, Reed Hastings, Hastings, Biden, congrats Organizations: CNBC, Trump, Netflix, Harris PAC, Democratic, Conway Locations: Silicon Valley, California
Alphabet investors may want to prepare for some volatility moving forward. However, shares fell about 5% as the company also reported lower-than-expected YouTube advertising revenue. On top of that, Alphabet highlighted plans to boost capital expenditures as it races to meet rising artificial intelligence demand. That is due in part to tough advertising comparisons amid the anniversary of a particular strong period for Asia and Pacific retailers. The move to 'future proof' business Some analysts and investors are reading the tea leaves with a positive tilt, however.
Persons: Ruth Porat, Sundar Pichai, Porat, Mark Shmulik, Brent Thill, Benjamin Black, Ross Sandler, Gene Munster, Goldman Sachs, Eric Sheridan, Bank of America's Justin Post, Truist's Youssef Squali, Citi's Ronald Josey Organizations: Jefferies, Deutsche Bank, Barclays, Bank of America's, DR Locations: Asia, Pacific
Biden won California by 29 points in 2020, and Harris will surely win the deep blue state in her own right. Along the way, Harris' political trajectory opened up doors to places that other candidates eyeing the White House have to fly across the country to reach. AdvertisementAs a presidential candidate, Harris won't be a stranger to the tech giants that fueled so much growth in her state. And should Harris win the White House, there'd be a familiar face influencing policy and legislation on relevant tech issues for the foreseeable future, which is something that doesn't come along everyday. Harris hasn't secured the Democratic nomination yet, but if she does, California could be in for some of its sunniest days yet.
Persons: , Nancy Pelosi, Kevin McCarthy, Pelosi, McCarthy, Kamala Harris, Joe Biden, Harris, Biden —, Hillary Clinton, Mike Levin, there'd, Harris hasn't Organizations: Service, US, Capitol, Business, Democratic, Biden, California, Senate, White Locations: San Francisco Bay, California, Delaware, Golden State, Los Angeles County, Orange County, Orange, San Diego, Oakland, San Francisco, Francisco's, Hollywood, Silicon, Los Angeles
When Charles Brill and Merrill Lyons bought land in upstate New York, they imagined building a weekend home there, an escape from their full-time life in Gowanus, Brooklyn. But that was before the pandemic made them rethink the way they lived. For years before they bought the property, said Mr. Brill, 40, a founder of the lighting company RBW, “we would seek out all the different farmers markets of the Hudson Valley and take day trips to different towns,” trying to figure out which places they liked best. They finally settled on an eight-acre lot outside Rhinebeck, N.Y., paying $123,000 in September 2019.
Persons: Charles Brill, Merrill Lyons, Brill Locations: New York, Gowanus , Brooklyn, , Hudson, Rhinebeck, N.Y
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At Business Insider, we independently monitor and review the best CD interest rates from over 100 financial institutions to help you find the right CD. Best CD Rates Today by TermCredit unions offer many of the best current CD rates right now. The best no-penalty CDs will offer rates slightly higher than the best high-yield savings accounts, and can offer a substantially improved interest rate over traditional brick-and-mortar savings accounts. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates. What's the difference between best CD rates and best CD offers?
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Mark Zuckerberg Stumps for ‘Open Source’ A.I.
  + stars: | 2024-07-23 | by ( Mike Isaac | ) www.nytimes.com   time to read: +1 min
That debate — closed versus open source — has become inflamed by the rapid development of artificial intelligence and worries that A.I. In an open letter on Tuesday, Mark Zuckerberg, the chief executive of Meta, reinforced what some said was a risky stance taken by his company: that open source development of artificial intelligence would allow technologists to learn how powerful A.I. models are created and use that knowledge to build their own A.I. Mr. Zuckerberg said it was unrealistic to think that a handful of companies could keep their A.I. technology secret, particularly when Silicon Valley has for years been a target for espionage by countries such as China.
Persons: Mark Zuckerberg, Zuckerberg Organizations: Meta Locations: China
And while he wants to tackle the world's biggest problems such as waste, impact isn't Deep Future's sole priority. Related storiesIn some ways, Deep Future's mission harkens back to Silicon Valley's roots, he said. As for Deep Future's investments, the challenge is whether the technology can be built and made cost-effective, ideally within its investment horizon of 10 years. One of Deep Future's portfolio companies, Descycle, is developing non-toxic chemicals to separate gold in electronics in landfills. Getting investors on board with mad scientistsWith Deep Future's niche, getting investors' attention has been easy, Holman said.
Persons: , Pablos Holman, Jeff Bezos's, Bill Gates, Michael Reid, Holman didn't, Holman, Matt Mullenweg, that's, Alfred Steiner, I'm Organizations: Service, Origin, Ventures Laboratory, Business, Investors, WordPress
Real estate, with its large transaction sizes and frequent use of wire transfers, has proven to be an especially lucrative target for criminals. In early July, Robillard told CNBC she had no idea whether she would ever see her money again. Courtesy: Rana RobillardRobillard says she decided to publicize her story to boost awareness of real estate wire fraud, besides being a last-ditch attempt at getting her money back. "This is not what I thought my public representation would look like, which is that I've lost all this money," Robillard said. While Martinez, California-based Compass Mortgage denies being hacked, it acknowledged that the email with wire directions wasn't from them, according to Robillard.
Persons: Rana Robillard, she'd, Robillard, HackerOne, Fraudsters, Naftali Harris, Harris, Charles Schwab, she's, , Robillard Robillard, I've, it's, should've, Kristy Aichinger, Aichinger, Kent Donahue, Donahue didn't Organizations: JPMorgan Chase, CNBC, Citigroup, Ally Bank, San, FBI, JPMorgan, Federal Trade Commission, Consumer Financial, Bureau, Chase, FTC, OS National, Opendoor, Robillard, Compass Mortgage Advisors, Mortgage Locations: Oakland, Orinda ,, California, Orinda, San Francisco, Real, Martinez
A Zoom event with 44,000 Black women supporting Kamala Harris reportedly raised $1.5 million. The organizer, Jotaka Eaddy, was dubbed the "Olivia Pope of Silicon Valley" by Forbes. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe #WinWithBlackWomen network, founded by organizer and strategist Jotaka Eaddy, hosted a Zoom call for Black women on Sunday that garnered 44,000 participants and raised over $1.5 million for Kamala Harris' newly launched presidential campaign, Bloomberg reported. Eaddy, the CEO and founder of social-impact consulting firm Full Circle Strategies, is known as the "Olivia Pope of Silicon Valley," Forbes reported.
Persons: Kamala Harris, Jotaka Eaddy, Olivia Pope, Joe Biden, Harris, , Eaddy, Forbes Organizations: Forbes, Service, Sunday, Bloomberg, NAACP, Business Locations: Silicon, Silicon Valley
It was because I knew that working in Big Tech in Silicon Valley would change me into a different person and I'd never move back. It's been 11 years since then, and I think I've gotten happier with my life here now that I've worked at a few different jobs in Big Tech. But despite this, working in the US suits me better than working in India because of my individualistic mindset. Some people back home think very competitively — they've hinted that they think I'm just plain lucky, and if they had the opportunity, they'd do it too and much better. Even if I had all the resources to go back to India, it'd be different — I've grown apart from who I was.
Persons: Uday Padyana, I'd, It's, I've, India I've, I'm, it's, they've, there's, , haven't, would've, India I'm, could've, it'd, Jeff Bezos's, Jane Zhang Organizations: Service, Big Tech, Big, Business, PayPal, Uber Locations: Silicon Valley, India, Big Tech, Silicon, Atlanta, Washington , DC, American, janezhang@businessinsider.com
CNN —With President Joe Biden’s support unleashing a flood of endorsements from many prominent Democrats across the country, Kamala Harris has emerged as the favorite to take his place as the party’s nominee for president. The campaign formally amended filings with the Federal Election Commission to rename its principal committee and declare Harris a candidate for president. Cooper previously waved off speculation that he might be on the shortlist for vice presidential nominees if Biden steps aside and Harris becomes the nominee. “Are you at least open to the possibility of being a running mate to Vice President Harris?,” Beshear was asked on MSNBC Monday morning. “I’m not going anywhere.”Whitmer, first elected governor in 2018, emerged as a prominent executive during the height of the Covid-19 pandemic.
Persons: Joe Biden’s, Kamala Harris, Harris, Biden, Roy Cooper, Josh Shapiro, Arizona Sen, Mark Kelly, Jeff Zeleny, Shapiro, , Barack Obama, Donald Trump, Corey Comperatore, Trump, “ Corey, Corey, ” Shapiro, ” Roy Cooper, , Cooper, ” Cooper, Mark Kelly Arizona Sen, Gabby Giffords, Kelly, Katie Hobbs, Andy Beshear, Beshear, ” Beshear, He’s, Steve Beshear, J.B, J.B . Pritzker, Pritzker, Wade, Chicago Mayor Brandon Johnson, Pete Buttigieg, It’s, Buttigieg, Mike Pence, Vance, Bill Maher ”, ” Vance, ” Buttigieg, Gretchen Whitmer, “ I’m, ” Whitmer, Whitmer, She’s, That’s, Abby Phillip, who’s, ” Gavin Newsom California, Gavin Newsom, Ron DeSantis, X, Donald Trump’s, @KamalaHarris, Newsom, CNN’s Tami Luhby, Ethan Cohen, Jasmine Wright, Devan Cole, Gregory Krieg, Edward, Isaac Dovere, Dan Merica Organizations: CNN, Democratic, Federal, Commission, Democratic National Convention, North Carolina Gov, Arizona, Democrats, ” CNN, ” Roy Cooper North Carolina Gov, Republicans, Republican, Biden, North Carolina House of, North, Democratic Party, MSNBC, Senate, GOP, Affordable, Pritzker, Pritzker Illinois Gov, South, Chicago Mayor, White, Transportation Department, Fox News, Yale Law School, Harvard, Trump Republican, Gov, Detroit News, Trump, Golden, Electoral College Locations: Chicago, Pennsylvania, Philadelphia, Butler , Pennsylvania, America, North Carolina, Raleigh, Andy Beshear Kentucky, Bluegrass, Kentucky, Pritzker Illinois, Midwest, South Bend , Indiana, Afghanistan, East Palestine , Ohio, Michigan, Covid, Napa, San Francisco
The billionaires backing a new utopian city outside San Francisco have put their plans on hold. The California Forever company said it won't put forward a planned ballot initiative this year. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.
Persons: Organizations: California Forever, Service, The East Solano Plan, Business Locations: San Francisco, Bay
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHarris candidacy is opportunity for Dems to recalibrate with Big Tech: Bessemer Venture's DeeterByron Deeter, Bessemer Venture Partners partner, joins 'Closing Bell Overtime' to talk the impact of Biden stepping down on SIlicon Valley support of Trump, tech earnings, and more.
Persons: Harris, Byron Deeter, Biden Organizations: Dems, Big Tech, Bessemer, Bessemer Venture Partners, Trump
In recent weeks, many Democrats in Silicon Valley had kept uncharacteristically quiet as prominent technology leaders — including Elon Musk and the investors Marc Andreessen and Ben Horowitz — endorsed Donald J. Trump for president. Even though Democrats had long been a dominant force in Silicon Valley, some were unenthusiastic about supporting President Biden, who was unpopular in the tech industry. They wanted to see if Mr. Biden could change the narrative around his struggling campaign. And those who were vocal in their support — such as the tech investor Reid Hoffman — faced attacks. Across the tech industry, the floodgates immediately reopened.
Persons: Elon Musk, Marc Andreessen, Ben Horowitz —, Donald J, Trump, Biden, Reid Hoffman —, , Nihal Mehta Organizations: Elon, Mr, Democratic, Eniac Ventures Locations: Silicon Valley, New York
VP Kamala Harris' ties to Silicon Valley in focus
  + stars: | 2024-07-22 | 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 EmailVP Kamala Harris' ties to Silicon Valley in focusCNBC's Kate Rogers joins 'Power Lunch' to discuss which party will obtain big Tech's support.
Persons: Kamala Harris, Kate Rogers Locations: Silicon
This story is available exclusively to Business Insider subscribers. "If you're not playing with all the tools and trying to build apps on top of them, you're already obsolete," Blank told BI. "The pieces of the lean startup are just so obvious to me to be automated and then strung together. But then a lot of it won't tell you when it's not working," Blank told BI. From Blank's perspective, one side of entrepreneurship that is safe in the emerging AI world is the role of the visionary founder.
Persons: , Steve Blank, Blank, It's, it's Organizations: Service, United States Census Bureau, Business, Harvard, Modern Entrepreneurship, Stanford, Silicon, Founders
Nvidia is working on a version of its new flagship AI chips for the China market that would be compatible with current U.S. export controls, four sources familiar with the matter said. The AI chip giant in March unveiled its "Blackwell" chip series, which is due to be mass-produced later in the year. A version of a chip from Nvidia's Blackwell series for the Chinese market would boost the U.S. firm's efforts to fend off those challenges. Expectations are high that the U.S. will continue to keep up the pressure on semiconductor-related export controls. The U.S. wants the Netherlands and Japan to further restrict chipmaking equipment to China, sources have said.
Persons: Blackwell, Inspur, Nvidia's Blackwell, Biden Organizations: MWC Shanghai, Nvidia, Reuters, Huawei, Bloomberg News Locations: Shanghai, China, Washington, U.S, Netherlands, Japan
Silicon Valley’s plans for a start-up city are on hold. The delay was announced as part of a joint agreement between California Forever, the company behind the development, and a member of the Solano County’s Board of Supervisors. The agreement means that a ballot initiative, which the company had hoped to put before Solano County’s voters this year, will not appear on the November ballot as planned. California Forever said it would instead spend the rest of this year and next preparing an environmental impact report and trying to craft a development agreement with the county. The project would still have to go before voters to win final approval.
Persons: San Francisco —, Solano County’s Organizations: East Solano Plan, Solano County’s, Supervisors, Solano Locations: San Francisco, California
For decades, Kamala Harris has been bolstered by a tight-knit group of female donors who rose up with her in Democratic politics. Quickly and quietly, her biggest supporters worked to rally support around her, creating enough momentum to effectively stamp out any opposition. On Sunday, when Mr. Biden announced his exit from the race and endorsed Vice President Harris, all the behind-the-scenes maneuvering appeared to pay off. The nation’s highest-ranking female officeholder, Ms. Harris rapidly picked up pivotal endorsements without attracting a single serious challenger. And while some major Democratic donors remained on the hunt for a non-Harris candidate on Monday, their efforts were appearing increasingly futile by the hour.
Persons: Kamala Harris, Biden, Harris, Money, Harris —, Michael R, Reed Hastings, Vinod Khosla —, Donald J, Trump Organizations: Democratic, Bloomberg, New, Silicon Locations: New York
Big Tech's phony Trumpism
  + stars: | 2024-07-22 | by ( Adam Rogers | ) www.businessinsider.com   time to read: +9 min
Before Andreessen and Horowitz formed their venture-capital firm in 2009, Andreessen was an incisive observer of Silicon Valley. Big Andreesen (meaning the current bloated billionaire model) also contradicts Little Andreessen (the earlier, leaner blogger) on the issue of regulation. The reason, he now claims, is that government used to leave Silicon Valley alone. He and his fellow Silicon Valley investor-class billionaires have been sliding rightward for years. It's that I didn't see that this is where Silicon Valley was always headed.
Persons: Marc Andreessen, Donald Trump, That's, Andreessen, Bill Clinton, Hillary, Ben Horowitz, Elon Musk, Larry Ellison —, Trump, , I've, Horowitz, It's, America's, Biden, Barack Obama, Joe Biden, they're, Dave Karpf, Hillary Clinton, we've Organizations: Democratic, Little Tech, Tech, Government, America, Justice Department, Microsoft, Trump, Little, Bloomberg Technology Conference, Netscape Locations: Silicon Valley, Silicon
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