Especially during the ongoing global health crisis and subsequent stay-at-home orders, employees are learning how to work remotely, and companies are weighing some of the costs and benefits to this new remote world. Many companies in the Bay Area have already drastically expanded their work-from-home policies, some like Facebook have banned group meetings over 50 until 2021, and Twitter has gone so far as to allow remote work for all employees indefinitely. If a new normal includes such liberal remote work policies and the limited ability to congregate, Silicon Valley may lose some of its purpose as a technology hub as teams get distributed across the country and even the world. … [Read more...] about Here’s how Silicon Valley can avoid Detroit’s fate
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"In a lot of ways what people were trying to look for was behaviour change which is the hardest change to make happen. Imagine ten years ago there was no Ola, Uber or Flipkart...many of these brands did not exist...you cannot imagine your daily life without them now... somebody had to subsidise their market creation," Khanna said justifying the move of VC firms who poured in millions of dollars in India. … [Read more...] about India’s startup ecosystem in a correction mode: Trifecta Capital
The company which has so far tied up with manufacturing units based in India now plans to import products from China by the next quarter as it plans to improve its margins. The products if shipped from China could reduce the total cost by 10-50 percent ranging from one product category to another, said Karimpana. … [Read more...] about Why this H1-B visa holder decided to start a furniture rental company
Whatever the case, one thing he wants to ensure is that the county does not limit how recipients spend the money. Traditionally, welfare grants allow people to only use state money for certain prescribed items, such as food or tuition. “What it’s really saying is ‘You don’t have the freedom of other human beings to go out and make choices about how to invest the dollars,'” Cortese says. “If we’re so much better at making decisions about how they should use their money, then why isn’t it working?” … [Read more...] about This $1000-a-month universal basic income program is designed to help foster youth survive
As an investor in early-stage technology startups, I’m excited by the possibility of seeing something new. We’re often reluctant to look seriously at companies in the social networking space because competing with the incumbents seems virtually impossible. But Facebook, YouTube, Twitter, and Snap aren’t going to be able to convert their business models overnight. They’re going to spend a few years fighting this issue in Congress and in the courts. And they’re going to do everything possible to prove that they’re not monopolistic and don’t deserve antitrust scrutiny and regulation, which will limit their willingness to squash innovation. … [Read more...] about Trump vs. Twitter: Is there a silver lining in the Section 230 fight?