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Category Archives: silicon valley

Busted Billion-Dollar-Baby Fraud Finds Another Greater Fool – Softbank Lends Theranos $100 Million!

zerohedge.com / by Tyler Durden / Dec 24, 2017  Japan’s Softbank Group is coming to the rescue of yet another embattled Silicon Valley “unicorn”. The Wall Street Journal reported Saturday that Fortress Capital, the publicly traded private-equity firm that agreed to sell itself to the Japanese conglomerate earlier this year, has extended a $100 million loan to Theranos, which is […]

Silicon Valley Obscenity – 1 In 4 People Are “Food Insecure”

In the years since the first dot-com bubble burst, Silicon Valley has become emblematic of the intensifying wealth inequality that’s making life increasingly unaffordable for millions of working- and middle-class Americans. And while the unprecedented wealth creation in the region has helped enrich hundreds of thousands of tech workers and entrepreneurs, virtually everybody else in […]

What Bubble? Silicon Valley Homes Going For Nearly $2 Million Over Asking Price

zerohedge.com / by Tyler Durden / Dec 20, 2017  If you’re still holding out hope that the following chart is anything but another massive housing bubble in the making then you should probably ignore the disturbing evidence to the contrary that we’re about to present below… *** Back in 2005/2006, one of the key signs that housing […]

What Bubble? Silicon Valley Homes Going For Nearly $2 Million Over Asking Price

If you’re still holding out hope that the following chart is anything but another massive housing bubble in the making then you should probably ignore the disturbing evidence to the contrary that we’re about to present below… Back in 2005/2006, one of the key signs that housing markets across the country were overheating was the […]

The Most Expensive Housing Zip Codes in the US

wolfstreet.com / by Wolf Richter / Dec 19, 2017  Hang on to your hat. The winner is Atherton, a small town in Silicon Valley with just one zip code, with a median sale price (not asking price) of $4.95 million in 2017. But that’s down 8.8% from the even juicier $5.5 million in 2016. It beat Sagaponack’s 11962 zip […]

Silicon Valley’s ‘Working Homeless’ Shows How Hard Life Is In “Democrat’s Paradise”

Authored by Mac Slavo via SHTFplan.com, Silicon Valley is the home to tech giants like Facebook, Apple, and Google. It’s also home to a surging working homeless population who live in dilapidated RV’s, tents, and their own cars, all thanks to the policies Democrats love to implement. The surging number of those working in Silicone Valley […]

Silicon Valley Exec Has Created A New Religion That Will Worship A ‘Godhead’ Based On Artificial Intelligence

I know that the headline sounds absolutely crazy, but this is actually a true story.  A Silicon Valley executive named Anthony Levandowski has already filed paperwork with the IRS for the nonprofit corporation that is going to run this new religion.  Officially, this new faith will be known as “Way Of The Future”, and you […]

“Homeless Explosion”: Tech Boom, Surging Rents Creating Homeless Crisis On America’s West Coast

This report was originally published by Tyler Durden at Zero Hedge America’s liberal left coast states count themselves among the most adamant supporters of controversial pieces of legislation intended to support low-income families. From their stunningly high income tax rates to their $15 minimum wage mandates, states like California and Washington are leading the charge […]

Twitter Suspends Account Of Weinstein Accuser Rose McGowan

zerohedge.com / by Tyler Durden / Oct 12, 2017  In a move tha may to trigger an outpouring of rage from the company’s Silicon Valley milieu, Twitter has frozen some features of Rose McGowan’s account after she tweeted “You Lie” at Ben Affleck following the latter’s apology for groping actress Hilarie Burton during an appearance on “TRL” […]

Silicon Valley “Outraged” After Google Employee Pens Viral Doc Slamming “Anti-Conservative” Culture

Internal article circulated at work today describing how gender rep gap in SW is due to biological differences btwn men/women. — Sarah Adams (@sadams007) August 4, 2017 zerohedge.com / by Tyler Durden / Aug 6, 2017 5:33 PM A 10-page document penned by an unnamed Google engineer titled “Google’s Ideological Echo Chamber“, that criticizes the company’s “left leaning”, “anti-conservative” […]