Anticipating federal subsidies, Applied Materials said it planned to invest up to $4 billion in the semiconductor project in Sunnyvale, Calif.
Category: Silicon Valley (Calif)
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For Lower-Income Students, Big Tech Internships Can Be Hard to Get
Critics say the intern selection process often favors wealthier students, just like the admission process at some elite colleges.
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How Silicon Valley Bank Sparked Global Financial Panic
The New York Times – Business:While its C.E.O. extolled innovation and the future of tech, Silicon Valley Bank paid less attention to risk management and was caught flat-footed by economic change.
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Silicon Valley Bank’s Collapse Causes Start-Up Chaos
The New York Times – Business:Young companies raced to get their money out of the bank, which was central to the start-up industry. Some said they could not make payroll.
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Alphabet’s Profit Falls 34% Amid Ads Slowdown
The New York Times – Business:Google’s parent company reported its fourth consecutive drop in quarterly profit, weeks after culling 6 percent of its work force to cut costs.
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Google Calls in Help From Larry Page and Sergey Brin for A.I. Fight
The New York Times – Business:A rival chatbot has shaken Google out of its routine, with the founders who left three years ago re-engaging and more than 20 A.I. projects in the works.
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Elizabeth Holmes to be Sentenced in Fraud Trial
The New York Times – Business:Ms. Holmes, founder of the failed blood testing start-up Theranos, is scheduled to learn her fate on Friday. She faces a maximum of 20 years in prison.