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
Silicon valley where to watch
"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 new mindset does not want to own many of these things, especially the expensive, complicated items. Renting anything which is cheap such as clothes, I don't know whether it will work or not. But anything which is complicated and expensive -- house, car, furniture, appliances etc. They will become a completely rental model ...," said Karimpana. … [Read more...] about Why this H1-B visa holder decided to start a furniture rental company
Running for a year, from June 2020 to May 2021, a new pilot program spearheaded by Cortese will give these young adults $1,000 a month to help ease them through the financial burdens of that sudden exit from the foster system. And Cortese hopes it’s the start of something bigger: What energized this pilot wasn’t merely solving foster problems but a desire to implement a broader universal basic income as a “safety net tool” for the entire county. … [Read more...] about This $1000-a-month universal basic income program is designed to help foster youth survive
But don’t let the pundits and big platforms tell you this is a battle between politics and tech. It’s a battle between a handful of high-profile politicians and a handful of high-profile platforms. Tech is not a monolith. What’s good for Facebook isn’t necessarily good for innovation. Trump is only pursuing this issue out of ego and spite, but limiting the reach of the giant platforms may be exactly what we need to create the next generation of truly great social networks. … [Read more...] about Trump vs. Twitter: Is there a silver lining in the Section 230 fight?