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U.S. President Trump hosts a dinner with Republican Senators at the White House in Washington

Politics Jul 23

WATCH: Trump reveals ‘AI Action Plan’ shaped by tech lobbyists after revoking Biden policy

By Matt O'Brien, Ali Swenson, Collin Binkley, Associated Press

World May 24

FILE PHOTO: Man holds laptop computer as cyber code is projected on him in this illustration picture
U.S. intelligence agencies’ embrace of generative AI is at once wary and urgent

U.S. intelligence agencies are scrambling to embrace the AI revolution, believing they'll otherwise be smothered by an avalanche of data as surveillance tech further blankets the planet.

By Frank Bajak, Associated Press

Nation Jan 17

A firetruck drives along a chunk of land recently purchased by Flannery Associates for nearly $50 million near Rio Vista, California on September 15, 2023. A stealth campaign by Silicon Valley elites with a dream of turning a swath of California farmland into a new age city has ranchers who live here challenging their tactics as well as their motives. The project first surfaced when a mysterious buyer started gobbling up parcels of land in this rural outback between San Francisco and Sacramento. The buyer, first revealed by the New York Times in August, turned out to be a secretive outfit called Flannery Associates. Photo by JOSH EDELSON/AFP via Getty Images
Billionaire backers of new California city reveal map and details of proposed development

The Forever California company plans to submit paperwork Wednesday to ask voters on the November ballot to allow them to build the city on agricultural land now protected.

By Janie Har, Associated Press

World Jun 14

A Google logo is seen at the company's headquarters in Mountain View, California. Photo by Stephen Lam/Reuters
European Commission charges Google with antitrust violations, says it must break up digital ad business

The unprecedented decision Wednesday to push for such a breakup marks a significant escalation by Brussels in its crackdown on Silicon Valley digital giants.

By Kelvin Chan, Samuel Petrequin, Associated Press

Nation Mar 17

Illustration shows Silicon Valley Bank logo
Parent of Silicon Valley Bank files for bankruptcy protection

SVB Financial Group is filing for Chapter 11 bankruptcy protection. SVB Financial Group is no longer affiliated with Silicon Valley Bank or the bank’s private banking and wealth management business, SVB Private.

By Michelle Chapman, Associated Press

Mar 10

Silicon Valley Bank seized by FDIC after largest failure since the Great Recession

By Ken Sweet, Associated Press

It is the second-largest bank failure in history, behind only the failure of Washington Mutual in 2008. The bank failed after depositors — mostly technology workers and venture capital-backed companies — began withdrawing their money creating a run on the…

Continue reading

Jan 20

Google cuts 12,000 jobs as layoffs spread across tech industry

By Kelvin Chan, Associated Press

Google says it's laying off 12,000 workers, becoming the latest tech company to trim staff as the economic boom that the industry rode during the COVID-19 pandemic ebbs. The Silicon Valley giant's CEO Sundar Pichai shared the news Friday in…

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Dec 02

Watch 6:12
Tech industry hit with massive layoffs as other employers add jobs

By Paul Solman, Ryan Connelly Holmes

The latest jobs report is further confirmation of a labor market that may be slowing down but has proven more resilient than many have expected. Many sectors are continuing to add jobs, but that's not true in the tech sector,…

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Feb 01

Watch 7:43
Rep. Ro Khanna on his new book ‘Dignity in a Digital Age’

Silicon Valley is home to some of the world's largest technology giants such as Meta, Apple and Alphabet. Rep. Ro Khanna represents that influential part of California in Congress. In his new book "Dignity in a Digital Age" he says…

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Jan 04

Watch 5:55
What Elizabeth Holmes’ conviction means for tech entrepreneurs, startups

By Stephanie Sy, Ryan Connelly Holmes

Elizabeth Holmes, founder of the blood testing company Theranos and a one-time darling of Silicon Valley, has been convicted of fraud. The verdict came down Monday night in the closely watched case and trial that rippled beyond the tech world.

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