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Silicon Valley

Silicon Valley

Subregion of the San Francisco Bay Area in the United States

Silicon Valley is a region in the southern part of the San Francisco Bay Area in Northern California that serves as a global center for high technology, innovation and social media. It corresponds roughly to the geographical Santa Clara Valley. San Jose is the Valley's largest city, the third largest in California, and the tenth largest in the United States. Other major Silicon Valley cities include Palo Alto, Menlo Park, Cupertino, Santa Clara, Mountain View, and Sunnyvale. The San Jose Metropolitan Area has the third highest GDP per capita in the world (after Zurich, Switzerland and Oslo, Norway), according to the Brookings Institution.The word "silicon" in the name originally referred to the large number of silicon chip innovators and manufacturers in the region, but the area is now home to many of the world's largest high-tech corporations, including the headquarters of 39 businesses in the Fortune 1000, and thousands of startup companies. Silicon Valley also accounts for one-third of all of the venture capital investment in the United States, which has helped it to become a leading hub and startup ecosystem for high-tech innovation and scientific development. It was in the Valley that the silicon-based integrated circuit, the microprocessor, and the microcomputer, among other technologies, were developed. As of 2013, the region employed about a quarter of a million information technology workers.As more high-tech companies were established across San Jose and the Santa Clara Valley, and then north towards the Bay Area's two other major cities, San Francisco and Oakland, the "Silicon Valley" has come to have two definitions: a geographic one, referring to Santa Clara County, and a metonymical one, referring to all high-tech businesses in the Bay Area. The term is now generally used as a synecdoche for the American high-technology economic sector. The name also became a global synonym for leading high-tech research and enterprises, and thus inspired similar named locations, as well as research parks and technology centers with a comparable structure all around the world.

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By James Clayton
October 11, 2021
BBC News
Frances Haugen's Facebook leaks and the new Silenced No More Act may help others to come forward.
Chris Price
October 8, 2021
The Telegraph
Also from this evening's Front Page newsletter: Conservative MP James Brokenshire dies after cancer battle, aged 53. Sign up below
Joanna Glasner
September 28, 2021
Crunchbase News
For years, we've been tracking the relationship between a tech company's valuation and the number of people it employs. Here are our other observations.
Connie Loizos
September 18, 2021
TechCrunch
If ever there was a time when working at the Securities and Exchange Commission was a dull affair, that's no longer true. The federal agency that's responsible for protecting investors and maintaining fair and orderly functioning of our securities markets is busier than ever, thanks to the rise of SPACs, cryptocurrencies and new rules around [...]
Josh Scott
September 17, 2021
BetaKit
Radical Ventures has added three new people to its team, and promoted two others, as the Toronto-based firm looks to expand its presence in Silicon Valley.
Connie Loizos
September 17, 2021
TechCrunch
Blumberg Capital, founded in 1991 by investor David Blumberg, has just closed its fifth early-stage venture fund with $225 million, a vehicle that Blumberg says was oversubscribed -- he planned to raise $200 million -- and that has already been used to invest in 16 startups around the world (the firm has small offices in [...]
Jeff Bercovici
September 17, 2021
Los Angeles Times
Max Chafkin's biography, "The Contrarian: Peter Thiel and Silicon Valley's Pursuit of Power," sheds light on the secretive, problematic tech mogul.
Guest Author
September 17, 2021
Crunchbase News
Outsourced software development can be beneficial to companies if done correctly. It is important to keep risks in mind which can impact a financing or exit.
Guest Author
September 15, 2021
Crunchbase News
The supposed "death" of Silicon Valley appears to be greatly exaggerated, writes Alberto Onetti, chairman of Mind the Bridge. But while there will likely be multiple clusters in different places able to get beyond critical mass, there's no new Silicon Valley in sight.
Sophia Kunthara
September 14, 2021
Crunchbase News
Theranos was once a Silicon Valley golden child, expanding rapidly, partnering with a major pharmacy, and raising over a billion dollars in funding.
Connie Loizos
September 14, 2021
TechCrunch
Whether or not Democratic California Governor Gavin Newsom survives Tuesday's recall election may depend to some degree on a small but vocal group of Silicon Valley power players who've thrown their weight behind the effort to oust him, including some who previously supported mostly Democratic politicians. To better understand what happened, we talked recently with [...]
Josh Scott
September 13, 2021
BetaKit
Montreal's Panache Ventures has announced the acquisition of San Francisco-based Commonwealth Ventures, as the venture firm looks to connect more of its Canadian portfolio companies to Silicon Valley investors.
Rob Reich, Mehran Sahami and Jeremy M. Weinstein
September 10, 2021
Time
Big Tech's focus on optimization and increasing efficiency is not inherently a good thing. What values should we pursue instead?
By James Clayton
September 10, 2021
BBC News
Could a Theranos scandal happen again or has Silicon Valley learnt its lesson?
Megan McCluskey
September 9, 2021
Time
As Theranos founder Elizabeth Holmes stands trial for fraud, venture capitalists say Silicon Valley still operates on a "culture of trust."
Brian McKenna
September 9, 2021
ComputerWeekly.com
Ali Ghodsi, CEO of Databricks, reflects on the business culture of Silicon Valley, his Iranian-Swedish background, and where big data analytics is going during these early days of machine learning
By Daniel Thomas
September 8, 2021
BBC News
Elizabeth Holmes pretended her blood-testing technology worked in order to enrich herself, prosecutors say.
By The Associated Press
September 8, 2021
AP NEWS
___Silicon Valley finds remote work is easier to begin than endSAN FRANCISCO (AP) -- Thriving Silicon Valley companies were among the first to embrace remote work during the pandemic, but they've struggled over how to recall their high-paid employees to the office.
Annie Saunders
September 8, 2021
TechCrunch
My husband just accepted a job in Silicon Valley. His new employer will be sponsoring him for an E-3 visa. How soon can I apply for my U.S. work permit?
By MICHAEL LIEDTKE and BARBARA ORTUTAY
September 8, 2021
AP NEWS
SAN FRANCISCO (AP) -- Technology companies that led the charge into remote work as the pandemic unfurled are confronting a new challenge as the crisis winds down: how, when and even whether they should bring long-isolated employees back to offices that have been designed for teamwork.
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