News / UK and world by Press Association December 14, 2018, 2:08 pm FacebookTwitterLinkedInWhatsAppEmail Sign up to our Daily newsletter Former chancellor George Osborne has joined his brother’s Silicon Valley venture capital firm, a move which is thought to be his ninth job since leaving government. Mr Osborne, who is currently editor of the London Evening Standard, has been appointed as an adviser to San Francisco-based 9Yards Capital, according to the Financial Times. He has taken on a string of roles since he resigned as chancellor in the wake of the UK’s referendum on membership of the European Union in June 2016 and when he stood down as MP for Tatton in May 2017. Mr Osborne is an adviser to BlackRock, the world’s largest asset manager, earning £650,000 a year; chairman of the Northern Powerhouse Partnership think-tank; a visiting fellow at the Hoover Institution; a dean’s fellow at Stanford Business School in the US; and an … [Read more...] about George Osborne joins brother’s Silicon Valley venture capital firm
Silicon valley to san francisco
Speaking to the Sunday Independent at his home in Oakland, California last week, the 64-year-old entrepreneur, who is a native of Co Kerry, said: "As I get older, I ask myself what my plan is for the future of the business. "I'm not going to live forever. My kids don't really want to run it. I'm looking at lots of options. "At the moment, I'm still running the business, but at some point I have to figure out what the ongoing structure might be. That might include going public, or it might include selling to the right buyer who is a long-term player. "It's possible that our Safari online platform could be venturable. In this sector, we have seen the likes of Pluralsight valued at $2bn when it went public earlier this year, while back in 2015 Lynda.com was bought by LinkedIn for $1.5bn, and then Microsoft later bought LinkedIn. "It's a bit complicated though. When I was younger I would have said I'd never sell the business." O'Reilly, a Harvard University graduate whose family moved to … [Read more...] about Silicon Valley pioneer O’Reilly may sell on firm
Jessica Guynn USA TODAY Published 7:25 PM EDT Oct 16, 2018 SAN FRANCISCO – Two weeks ago, Chinedu Valentine Okobi, who had been darting in and out of traffic on a busy downtown street in Millbrae, California, went into cardiac arrest after being tackled by San Mateo County sheriff’s deputies and repeatedly tased. The drama unfolding over the death in police custody of this 36-year-old father and Morehouse College graduate who may have been suffering a mental break is similar to other high-profile cases of unarmed black men that have gripped the nation in recent years. Ebele Okobi, Chinedu’s sister, is demanding a probe into the police tactics used to subdue her brother in the fatal encounter. Were sheriff’s deputies trained in crisis intervention for people who are mentally ill? Why did the deputies keep zapping Okobi with Tasers rather than summoning medical help? What’s different this time, Okobi is a prominent Facebook … [Read more...] about Police death of black man hits home at Facebook, in Silicon Valley
It’s been a rollercoaster journey for business partners Anthony Logan and Alex Mellor - and the pair wouldn’t have it any other way. The entrepreneurs are behind Manchester-based strategic branding agency, Noir. Building an agency In the 18 months since launching, the Ancoats business has gone from strength to strength with clients spanning fashion, technology, property, medical, hospitality and lifestyle sectors, a recent move to larger offices and a growing presence in London and San Francisco. Surrounding themselves with energetic and passionate people, CEO Logan and COO Mellor, are bringing a fresh perspective, creative ideas and extensive knowledge of consumer psychology and digital experiences to their clients. Logan says: “When we meet clients we tell them we don’t want to be a conveyor belt of creative works, we don’t want to keep winning work and planning another job, we want to build relationships, figure out their goals for the next year and … [Read more...] about How Manchester branding agency Noir made it to San Francisco in just 18 months
Tim Draper, founding partner of venture capital firm DFJ, took to CNBC last week to complain that Facebook was being “picked on” by the government, the founder of Theranos had been unfairly persecuted and regulations were deterring companies from going public. It was not just his bitcoin-branded tie that should have made Silicon Valley cringe. Facebook shares last week recovered entirely from their 18 per cent price slide since March, after revelations that its customer data were acquired by a political intelligence firm. Investors have belatedly realised that the extent of the US government’s “picking on” Mark Zuckerberg is likely to be a couple of congressional hearings.Having regained its poise, and $500bn market capitalisation, Facebook is also a good counterpoint to the obdurate belief that companies are staying private because US public markets are so arduous. With the sixth anniversary of its initial public offering coming on Friday, … [Read more...] about Silicon Valley: it’s not fair!