The bill, entitled the Algorithmic Accountability Act of 2019, would grant new power to the US Federal Trade Commission (FTC) and force companies to study if race, gender or other biases underpin their technology.
Kishore Kumar Kavuru has been charged with 10 counts of visa fraud and as many counts of mail fraud in connection with a scheme to maintain a pool of foreign workers for the clients of his consulting companies.
Like other Silicon Valley giants, Facebook in 2015 decided to open a new share class, that would help maintain Mark Zuckerberg's hold on the company, even if he lost all his shares. Shareholders sued the company. Facebook has now retracted its lawsuit before the start of the trial.
Consumer electronics company Jawbone had more than enough money to take on Fitbit and other health-tracking devices in the “wearables” market. That may have ended up being its biggest problem. Top-tier venture capital firms Sequoia, Andreessen Horowitz, Khosla Ventures and Kleiner Perkins Caufield & Byers, and then a sovereign wealth fund, invested hundreds of millions […]
“California might be among the last places on the globe to see the sun set, but it is here that many great ideas see the first light of the day,” Prime Minister Narendra Modi said to thunderous applause at a gathering of CEOs from Silicon Valley on Saturday night. He said the India-US partnership was […]