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Silicon Valley

Boost for startups in India: VC firm Accel Partners raises $550 million for new fund

Tue, Dec 03, 2019

Increased internet access and a growing middle class have led to a boom in startups in India. Japan`s Softbank Group Corp has said it expects to invest up to $4 billion in the country over the next two years.

Fintech startup Plaid valued at $2.65 billion in latest funding round: Source

Fintech startup Plaid valued at $2.65 billion in latest funding round: Source

Wed, Dec 12, 2018

Fintech startup Plaid has raised $250 million in its latest funding round led by one of Silicon Valley`s top investors, Mary Meeker, which according to a source familiar with the matter values the company at $2.65 billion.

Start-up shutdowns: Besides funding, there are other reasons to blame

Start-up shutdowns: Besides funding, there are other reasons to blame

Mon, Oct 29, 2018

Recently, drone operating system start-up Airware shut shop. Airware is not just any other name in the global start-up market. It's a venture that had only a while ago raised $118 million from a bunch of high-profile investors including Google.

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Gujarat University’s four incubator to visit Silicon Valley; will pitch startup ideas in Google, Facebook and more

Gujarat University’s four incubator to visit Silicon Valley; will pitch startup ideas in Google, Facebook and more

Sun, Apr 29, 2018

Four incubators from Gujarat University will visit Silicon Valley for three weeks, where these fellows will get an opportunity to pitch their startup ideas to major firms like Google, Facebook, Tesla and Paypal.

How China can help India take a giant leap in Artificial Intelligence

How China can help India take a giant leap in Artificial Intelligence

Mon, Apr 02, 2018

Measured by start-up financing deals and dollars from venture capitalists, the United States` AI start-up ecosystem currently dominates -- followed by China, says a recent Accenture analysis titled "Rewire for Growth". When it comes to India, the number of AI start-ups has increased since 2011 at a compounded annual growth rate of 86 per cent .

Twitter, Facebook asked to disclose more information on fake news

Fri, Jan 12, 2018

Major social media giants in the Silicon Valley have been under fire due to the widespread abuse of their services, including incidents of spread of false news stories regarding the US presidential election and live streaming of the violent acts on the services.

Nissan, NASA extend research into autonomous vehicles

Fri, Jan 12, 2018

The research collaboration with NASA roadmap consists of three workstreams of inter-related innovations in autonomous drive (Intelligent Drive), electrification (Intelligent Power) and infrastructure technologies (Intelligent Integration).

Fashion retailer Myntra to expand its presence in Silicon valley

Fashion retailer Myntra to expand its presence in Silicon valley

Thu, Jan 04, 2018

Myntra is planning to add more than quarter of its overall revenue from its portfolio of private brands that it has added in its brand accelerator programme.

Samsung to chase big M&A deals on three fronts, says strategy chief

Samsung to chase big M&A deals on three fronts, says strategy chief

Sat, Dec 02, 2017

Young Sohn, the South Korean company`s Silicon Valley-based president and chief strategy officer, said he was keen for world’s top maker of memory chips, smartphones and televisions to expand in automotive markets, digital health and industrial automation.

Netflix shares jump as subscriptions top 100 million

Netflix shares jump as subscriptions top 100 million

Wed, Jul 19, 2017

Netflix shares leapt more than 10 percent to $178.75 in after-market trades that followed release of earnings figures showing the Silicon Valley-based company added 5.2 million subscribers in the recently ended quarter to raise the total to 103.95 million for its streaming service.

Tesla edges out GM to become most valuable US carmaker

Tesla edges out GM to become most valuable US carmaker

Tue, Apr 11, 2017

For the first time in the era of the modern automobile, the most valuable US carmaker is not based in Detroit.

Aditya Puri features in world's 30 best CEOs list by Barron's

Aditya Puri features in world's 30 best CEOs list by Barron's

Sun, Mar 26, 2017

In hallmark style, the banker swiftly set out to remake India's second-largest private-sector bank into the digital spot for anything money-related, it said.

Tech start-ups in Silicon Valley see a decline in hiring

Tech start-ups in Silicon Valley see a decline in hiring

Mon, Feb 20, 2017

Growth in the tech start-up jobs in areas such as Bay Area in California has declined to 3.5% in 2016 from 6% in 2015 and 6.4% in 2014.

Ford to invest $1 billion in artificial intelligence startup

Ford to invest $1 billion in artificial intelligence startup

Sat, Feb 11, 2017

Ford will invest $1 billion over five years in an artificial intelligence startup with the aim of developing an autonomous vehicle by 2021, the auto giant said.

Indians in the US too bear brunt of Donald Trump's immigration ban

Indians in the US too bear brunt of Donald Trump's immigration ban

Sat, Jan 28, 2017

Banning Muslims from seven countries even if they held a 'green card' to enter the United States of America, US President Donald Trump has put in jeopardy many Indians who live and work in North America -- many of them on H1-B visas.

Hugo Barra resigns as VP Global operations of Xiaomi

Hugo Barra resigns as VP Global operations of Xiaomi

Mon, Jan 23, 2017

Hugo Barra said that he will be returning to Silicon Valley after 3.5 years of working with Xiaomi in China.

Twitter shares tumble after Google rules out bid

Twitter shares tumble after Google rules out bid

Thu, Oct 06, 2016

Twitter shares dove in after-hours trades on the heels of a report that Google does not plan to bid for the culture-changing but unprofitable one-to-many messaging service.

Hyperloop pushes dream of low-cost futuristic transport

Hyperloop pushes dream of low-cost futuristic transport

Fri, Sep 23, 2016

"We are not the train, we are not the car, we are not the plane," says Bibop Gresta, chairman of Hyperloop Transportation Technologies, one of several companies racing to build a prototype.

'StartInCollege' phase 2 to be launched at FICCI Global Skills Summit

'StartInCollege' phase 2 to be launched at FICCI Global Skills Summit

Thu, Sep 15, 2016

Sanjay Vijayakumar, Chairman of Startup Village, "Apple, Microsoft, Google and Facebook are such generational companies that were built by college students to signify what they wanted in the world. We want our youngsters to follow a similar path."

Cauvery water dispute: India's Silicon Valley faces damage of Rs 25000 crore

Cauvery water dispute: India's Silicon Valley faces damage of Rs 25000 crore

Wed, Sep 14, 2016

“Violence in the state capital and other parts of Karnataka has severely dented the image of Bengaluru as Silicon Valley of India, home to almost all the Fortune 500 companies,” said ASSOCHAM while making a fervent appeal for peace in both Karnataka and Tamil Nadu.

Urban India to gain from Gail-Bloom Energy partnership; shares up 2%

Urban India to gain from Gail-Bloom Energy partnership; shares up 2%

Tue, Aug 23, 2016

Minister of State for petroleum and natural gas, Dharmendra Pradhan said,"The biggest beneficiary of this MoU will be urban India as it will significantly decrease pollution caused by back up power."

Volkswagen eyes deals to boost its self-driving car plans

Volkswagen eyes deals to boost its self-driving car plans

Fri, Aug 19, 2016

Europe's largest automaker is also looking for more alliances with technology firms as it tries to capture new business post-Dieselgate.

Sebi pitches India to Silicon Valley investors

Sebi pitches India to Silicon Valley investors

Fri, Jun 03, 2016

U.K. Sinha, chairman of the Securities and Exchange Board of India (SEBI), said improved regulations make it much easier for investors in the country`s over-4,000 technology startups to eventually cash out through initial public offers in Asia`s third-largest economy.

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