Tag: Silicon Valley
Kati Schmidt from San Francisco on her release
Katie Schmidt The mother of two was one of the first employees at Airbnb in Germany and has been living in San Francisco for eight years. (Photo: private [M]) Dusseldorf…
Credit Suisse manager goes to fintech Leonteq
UBS completes takeover of Credit Suisse – banking giant is born UBS has completed the world’s most significant bank takeover since the financial crisis. According to an open letter published…
Ex-Silicon Valley star Elizabeth Holmes is serving her sentence
Elizabeth Holmes Holmes was the founder and CEO of the start-up Theranos. (Photo: AP) Bryan Former businesswoman Elizabeth Holmes, convicted of fraud, began her more than 11-year sentence on Tuesday.…
Softbank sells almost all stake in Alibaba
soft bank The Japanese company was once one of the most important investors in Silicon Valley, but has sold many holdings in recent years. (Photo: Reuters) Frankfurt According to a…
Banking crisis scratches the image as a safe haven
Effects of the banking crisis The emergency sale of Credit Suisse to UBS is damaging the national currency. (Photo: Bloomberg) Frankfurt The banking drama in Switzerland is damaging the reputation…
Tremors in the markets – The editor-in-chief’s review
The fact is: The situation for European banks differs from that in the US (the threatening situation of Credit Suisse is more of a special case). And that is also…
SVB has not had a risk board for months
Silicon Valley Bank The bank collapsed at the end of last week. (Photo: IMAGO/Xinhua) Denver In its reappraisal of the Silicon Valley Bank (SVB) bankruptcy, the US Federal Reserve (Fed)…
SVB has not had a risk board for months
Silicon Valley Bank The bank collapsed at the end of last week. (Photo: IMAGO/Xinhua) Denver In its reappraisal of the Silicon Valley Bank (SVB) bankruptcy, the US Federal Reserve (Fed)…
Facebook group Meta cuts another 10,000 jobs
Meta office in Brussels The Facebook group feels the reluctance of advertisers who pay more attention to their money. (Photo: Reuters) Austin, Dusseldorf Meta boss Mark Zuckerberg has proclaimed 2023…
“Start-ups need more than just a bank”
Silicon Valley Bank According to tech investor Sven Weber, companies should always be customers of more than just one bank. (Photo: Bloomberg) Denver Sven Weber has been involved in tech…
Facebook group Meta is said to be facing the next significant job cuts
Meta office in Brussels The Facebook group feels the reluctance of advertisers who pay more attention to their money. (Photo: Reuters) New York,London The Facebook parent Meta wants to cut…
Travel fever in Brussels and Berlin – the editor-in-chief’s review
welcome back Regarding my look at the most important topics of the past week: And with that straight to Brussels, where the travel bug broke out. A few days ago,…
What does Peter Thiel want? – An approximation
Good morning dear readers, Peter Thiel is many things at the same time: a prodigy of the technology scene and a right-wing libertarian ideologue. Also a celebrated businessman with a…
Germany must dare to innovate more
Cyriac Roeding The internationally experienced founder and investor is worried about his German homeland. (Photo: Getty Images, Private [M]) Palo Alto It’s February 2038. The first fusion reactor is producing…
Germany must dare to innovate more
Cyriac Roeding The internationally experienced founder and investor is worried about his German homeland. (Photo: Getty Images, Private [M]) Palo Alto It’s February 2038. The first fusion reactor is producing…
Google boss Sundar Pichai is on the brink
Sundar Pichai If the Google boss doesn’t tackle the group’s problems with determination now, things are likely to get tight for him. (Photo: Reuters) Things are not going well for…
These German start-ups and tech companies are cutting jobs
Delivery Hero in Berlin The food delivery service is cutting 156 jobs at its headquarters. (Photo: dpa) Berlin The news is now coming in weekly: Similar to the USA, numerous…
Artificial intelligence conquers knowledge work
Good morning, dear readers, the exhausting thing about revolutions is that a lot of things happen so suddenly and unexpectedly. In comparison, the Evolution appears to be a much more…
Air taxi pioneer wants to expand focus to Germany
Santa Cruz, New York A whirring sound is heard as the electric air taxi climbs into the air. It does a few laps before landing back at the hangar at…
Twitter, Meta, Amazon, Microsoft: Crisis of meaning in Silicon Valley
Meta, Google, Twitter, Microsoft The US tech giants are in turmoil. (Photo: Bloomberg [M]) san francisco Brian has had many good years in Silicon Valley. He was one of the…