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Why robots pose a threat to Wall Street's highest-paying jobs

The use of algorithms in electronic markets also poses a challenge for regulators.

Silicon Valley

Dec 08, 2019, 02.00 AM IST

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SILICON VALLEY

The Wadi connection: Technology startups from Israel’s Silicon Wadi have found a fertile ground in India

​Israel has, over the last decade, emerged as a hub for deep-tech startups. Thousands of these ventures have mushroomed around Tel Aviv and nearby cities, earning the area the moniker of Silicon Wadi. Now, things are changing in the Wadi. “Companies like ICV are creating products thinking about India first,” says head of A&G Partner.

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  • Nine of the top 10 biggest global cities will slow next year, Oxford Economics researchers found in a report.

    WORLD’S A STAGE Under Pichai’s watch, Google has been relentless in its focus on India, launching around 20 India-specific initiatives, some of them for global markets, but always first tested and launched in India. The vast Indian market provided perfect ground for Google’s global dreams.

    Vested has partnered with Indian banks to simplify the fund transfer process on its platform.

    A Y Combinator spokesperson said the number of from each country is still not final and that it is not related to its Chinese exit either.

    Huawei Technologies Ltd. is the No 2 global smartphone brand and the biggest maker of network gear for phone carriers. U.S. authorities say the company is a security risk, which Huawei denies, and announced curbs in May on its access to American components and technology.

    One of the most prominent VC firms in Silicon Valley, Accel said it will continue to scout for early-stage deals across consumer internet, enterprise, financial services, healthcare, and Software as a Services (SaaS) startups. The Bengaluru-based Accel India’s $450 million fund saw 70% of its investments in the range of $2 million or less.

    Earlier this week, ClearTax obtained the licence to be a GST Suvidha Provider, enabling it to offer tech solutions to taxpayers.

    Once celebrated, charismatic founders are hurting the brands they built. What can Indian founders learn from the meteoric rise and fall of their Western counterparts?

    A Reuters analysis of the data shows fares for shared rides in the city have risen significantly over the past year, while fares for single riders have remained stable.

    It was only a few years ago that investors started to become anxious about the vast sums of money flying into unprofitable startups. The bubble didn’t burst, but air deflated a bit from the balloon.

    AngelList will manage the legal and regulatory aspects of raising capital and investing it, while the byte-sized funds will be able to use its technology platform to manage their investments.

    Through knockoffs, potential acquisitions and not-so-subtle references to Chinese censorship, TikTok’s competitors (US internet companies) have been trying to protect their home turf from the service’s advancement. They haven’t had much luck so far.

    Over 70% of billionaire families in Asia are investing in venture, which is higher than what's being seen in the U.S. and Europe, where that number is kind of sub-60%.

    SoftBank recorded an operating loss of 704.4 billion yen ($6.5 billion) after writedowns in WeWork and other investments, the Japanese company’s first such loss in 14 years. Its $100 billion Vision Fund lost 970.3 billion yen.

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