Hints and tips:
...Meanwhile politics geeks are taking bets on how the collapse of Silicon Valley Bank will shape the priorities of regulators and lawmakers in months to come....
...Musk’s many fans there still applaud the entrepreneur as the “Silicon Valley Iron Man”. Yet, as he is rapidly discovering, Tesla’s connected cars are also connected to geopolitics....
...Despite being the second most valuable US technology group, Microsoft has been able to dodge the latest focus on antitrust in Congress....
...In addition to acquiring the Chrysler Building and the Rockefeller Center, Speyer’s father Jerry led the family business into Europe, South America and China, cultivating enduring relationships with wealthy...
...It cleverly dodges Trump himself, who is almost too extreme to satirise, and focuses on the struggles of those trying to put his bizarre wishes into practice....
...A version of this article was first published by the Nikkei Asian Review on September 27, 2019. ©2019 Nikkei Inc. All rights reserved....
...(FT) Unicorns lost their magic Silicon Valley will be glad to see the back of 2019....
...Silicon Valley’s best known private companies have raised huge amounts of money at breathtaking valuations from investors happy to bet on fast growth without profits....
...GoPro has begun to shift manufacturing of its action cameras out of China, as it tries to dodge the impact of the US-China trade war....
...But don’t call it Maple Valley. (FT) Size isn’t everything As a titan of the M&A advisory business, Goldman Sachs has typically targeted blockbuster deals....
...The deal was secured with the help of Silver Lake Partners, a prominent Silicon Valley-based private equity firm. The business logic for relisting is clear....
...Waymo has said it plans to buy thousands of Fiat Chrysler minivans. Uber has struck deals with carmakers Volvo and Toyota, and AI chipmaker Nvidia....
...The expense and complication of developing autonomous electric vehicles has made many executives more open to co-operation with Silicon Valley....
...One of the fiercest advocates of co-operation between car and technology groups is Sergio Marchionne, the chief executive of Fiat Chrysler....
...Tesla was the first successful American car company to emerge since Chrysler in 1925....
...“I’m concerned they’re following the traditional Silicon Valley mode of, let’s put something out in beta and fix it as we go along.”...
...On the timescale of Silicon Valley, Waymo is the grandfather of the self-driving car sector....
...Waymo has the largest operational fleet in California, running to 96 vehicles, in addition to its pilot self-driving taxi service using hundreds of Fiat Chrysler minivans in Arizona....
...Marketing geniuses from Silicon Valley want us to believe the ad-hoc sale of labour is a form of utopian paradise, where capitalistic relations are replaced by egalitarianism and “sharing”....
...Ford and Fiat Chrysler both reported rising European sales while Fiat saw strong growth in profits and margins....
...Shares of carmakers from Ford to General Motors to Fiat Chrysler fell as they announced weaker than expected sales....
...Silicon Valley is littered with companies that once appeared all powerful but later stumbled, including Yahoo....
...In May, Google struck a partnership with Fiat Chrysler to develop a fleet of self-driving minivans....
...Google’s cars have now driven more than 2m miles, transporting more than 10,000 people in Mountain View in Silicon Valley, Austin and Phoenix, Arizona....
...The initial goal, it added, was to create cars that could be added to Waymo’s existing test fleet of vehicles — the same target as a co-operation agreement with Fiat Chrysler, which is adding the driverless...
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