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Silicon Valley

Bomb threat spurs evacuation at Facebook’s Silicon Valley campus

SAN FRANCISCO: A bomb threat prompted authorities on Tuesday to evacuate a building at the Silicon Valley headquarters of Facebook Inc near San Francisco, police said, but hours after a sweep of the structure began there was no word of explosives found. The New York Police Department received an anonymous tip about a bomb threat regarding Facebook’s campus in Menlo Park, California, and alerted local authorities at about 4:30 p.m., said Nicole Acker, a spokeswoman for the Menlo Park police. Acker said the evacuation was…

Palestinian teens reach finals of Silicon Valley app pitch

Four Palestinian high school friends are heading to California this week to pitch their mobile app about fire prevention to Silicon Valley's tech leaders, after winning a slot in the finals of a worldwide competition among more than 19,000 teenage girls. For the 11th graders from the Israeli-occupied West Bank, the ticket of admission to the World Pitch Summit signals a particularly dramatic leap. They come from middle class families that value education, but opportunities have been limited because of the omnipresent…

Silicon Valley eyes Africa as new tech frontier

LAGOS: With its colourful hammocks and table tennis table, a new tech hub in the Lagos metropolis wouldn´t look out of place among the start-ups on the other side of the world in Silicon Valley. But the NG_Hub office is in the suburb of Yaba -- the heart of Nigeria´s burgeoning tech scene that is attracting interest from global giants keen to tap into an emerging market of young, connected Africans. In May, both Google and Facebook launched initiatives nearby. This week, Nigeria´s Vice-President Yemi Osinbajo was in…

Silicon Valley startup peddles 3D-printed bike

After a career that included helping Alphabet’s Google build out data centers and speeding packages for Amazon.com Inc to customers, Jim Miller is doing what many Silicon Valley executives do after stints at big companies: finding more time to ride his bike. But this bike is a little different. Arevo Inc, a startup with backing from the venture capital arm of the Central Intelligence Agency and where Miller recently took the helm, has produced what it says is the world’s first carbon fiber bicycle with 3D-printed frame.…

Silicon Valley, Wall Street taking notes on Spotify debut

NEW YORK: Spotify Technology's unusual route to becoming a public company is a test case for other multibillion-dollar tech companies that are looking to sell their shares but are not in need of cash. On Tuesday, investors will be able to buy and sell shares in the Swedish music streaming service in the New York Stock Exchange’s first-ever direct floor listing. This is without Spotify having hired investment banks as underwriters and undertaking an investor road show as is typical in a traditional initial public…

India’s Silicon Valley faces man-made water crisis

DELHI: Every day more than 1,000 water tankers rumble past Nagraj's small plywood store in Bangalore, throwing up clouds of dust as they rush their valuable cargo to homes and offices in India's drought-stricken tech hub. Gleaming new apartment blocks are still springing up all over the city known as India's Silicon Valley -- even though there is nowhere near enough mains water to supply those already living and working there. Many rely entirely on supplies shipped in by tankers filled from giant borewells that have…

Trump travel ban stirs faint corporate outcry beyond Silicon Valley

NEW YORK/BOSTON: Most US corporate bosses have stayed silent on President Donald Trump's immigration curbs, underscoring the sensitivities around opposing policies that could provoke a backlash from the White House. While the leaders of Apple Inc, Google and Facebook Inc emailed their staff to denounce the suspension of the US refugee program and the halting of arrivals from seven Muslim-majority countries, many of their counterparts in other industries either declined comment or responded with company statements…