RECENT ARTICLES
Silicon Valley leaders push back on governor recall efforts
Illustration: Eniola Odetunde/AxiosA campaign to recall California Gov. Gavin Newson (D) is splitting some of Silicon Valley's biggest venture capitalists. Driving the news: Famed investor and San Francisco political player Ron Conway, along with 74 other tech and business leaders, have signed urging Californians to oppose the recall of the governor. What they're saying: "I took the lead along with other tech leaders to rally opposition to a recall because a distracting recall election is the last thing our state needs right now. Governor Newsom has made tough decisions to lead us through...…Illustration: Eniola Odetunde/AxiosA campaign to recall California Gov. Gavin Newson (D) is splitting some of Silicon Valley's biggest venture capitalists. Driving the news: Famed investor and San Francisco political player Ron Conway, along with 74 other tech and business leaders, have signed urging Californians to oppose the recall of the governor. What they're saying: "I took the lead along with other tech leaders to rally opposition to a recall because a distracting recall election is the last thing our state needs right now. Governor Newsom has made tough decisions to lead us through...WW…
Sequoia Capital says it was hacked
Illustration: Sarah Grillo/AxiosSequoia Capital told its investors on Friday that some of their personal and financial information may have been accessed by a third party, after a Sequoia employee's email was successfully phished, Axios has learned.Why it matters: Sequoia is one of the largest and most successful venture capital firms in the world, with portfolio companies like Airbnb, DoorDash, and Robinhood. It also has invested in cybersecurity firms like FireEye and Carbon Black. In a statement to Axios, a Sequoia spokesperson said:"We recently experienced a cybersecurity incident. Our...…Illustration: Sarah Grillo/AxiosSequoia Capital told its investors on Friday that some of their personal and financial information may have been accessed by a third party, after a Sequoia employee's email was successfully phished, Axios has learned.Why it matters: Sequoia is one of the largest and most successful venture capital firms in the world, with portfolio companies like Airbnb, DoorDash, and Robinhood. It also has invested in cybersecurity firms like FireEye and Carbon Black. In a statement to Axios, a Sequoia spokesperson said:"We recently experienced a cybersecurity incident. Our...WW…
Silicon Valley backlash grows as vocal tech faction boycotts
Photo illustration: Sarah Grillo/Axios. Smith Collection/Gado via Getty ImagesSilicon Valley may be a "state of mind," but it's also very much a real enclave in Northern California. Now, a growing faction of the tech industry is boycotting it. Why it matters: The Bay Area is facing for the first time the prospect of losing its crown as the top destination for tech workers and startups — which could have an economic impact on the region and force it to reckon with its local issues. While the pandemic’s arrival sent tech workers to toil from home just as the Bay Area’s housing crisis and...…Photo illustration: Sarah Grillo/Axios. Smith Collection/Gado via Getty ImagesSilicon Valley may be a "state of mind," but it's also very much a real enclave in Northern California. Now, a growing faction of the tech industry is boycotting it. Why it matters: The Bay Area is facing for the first time the prospect of losing its crown as the top destination for tech workers and startups — which could have an economic impact on the region and force it to reckon with its local issues. While the pandemic’s arrival sent tech workers to toil from home just as the Bay Area’s housing crisis and...WW…
Workers at Google parent company Alphabet announce a union
Photo: Mason Trinca/Getty ImagesA group of more than 200 employees at Google's parent company on Monday that they've signed union cards with the Communications Workers of America, forming the Alphabet Workers Union. Why it matters: This is the largest and most high-profile unionization effort among tech workers to date. The tech industry has historically eschewed unions, unlike other sectors like the auto industry. Details: The union would be open to all workers at Google and other Alphabet subsidiaries, regardless of their jobs. Some other small groups of Alphabet workers, like HCL...…Photo: Mason Trinca/Getty ImagesA group of more than 200 employees at Google's parent company on Monday that they've signed union cards with the Communications Workers of America, forming the Alphabet Workers Union. Why it matters: This is the largest and most high-profile unionization effort among tech workers to date. The tech industry has historically eschewed unions, unlike other sectors like the auto industry. Details: The union would be open to all workers at Google and other Alphabet subsidiaries, regardless of their jobs. Some other small groups of Alphabet workers, like HCL...WW…
California judge orders Uber, Lyft to reclassify drivers as employees
Uber and Lyft must reclassify their California drivers as employees under a preliminary injunction granted Monday by a San Francisco judge. Why it matters: The ride-hailing companies, along with other gig economy firms, are resisting classifying their drivers as employees, which labor advocates say would give the workers greater benefits and rights. A new California law codified stricter requirements before companies can classify workers as contractors. The companies are also behind a California ballot measure that would keep drivers as contractors and provide them with some benefits. The...…Uber and Lyft must reclassify their California drivers as employees under a preliminary injunction granted Monday by a San Francisco judge. Why it matters: The ride-hailing companies, along with other gig economy firms, are resisting classifying their drivers as employees, which labor advocates say would give the workers greater benefits and rights. A new California law codified stricter requirements before companies can classify workers as contractors. The companies are also behind a California ballot measure that would keep drivers as contractors and provide them with some benefits. The...WW…
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