All Articles Tagged "silicon valley"
Condoleezza Rice was the United States Secretary of State. She was also and National Security Advisor. Now she’s a Dropbox board member, making her one of few blacks (and fewer black women) on the board of a major tech company. The cloud file storage and syncing firm made the announcement along with lots of other company news.
Dropbox also launched a number of new products and features, debuting Carousel, a photo storage and sharing service; releasing Dropbox for Business to the general public; and an Android client for its Mailbox email solution, reports TechCrunch.
Rice will bring much-needed international experience to Dropbox’s board to help it deal with foreign governments, such as China, that have blocked the use of the service. She will also help them maneuver cultural differences as they and develop and promote products in other countries.
Dropbox also announced two more executive changes. Sujay Jaswa comes on as the new CFO and Dennis Woodside has left Google to be Dropbox’s new COO.
Almost immediately, there was backlash to Rice’s appointment, with critics calling for users to dump the Dropbox service because of Rice’s involvement with the Iraq War, secret wiretapping, and other Bush-era policies.
“We’re honored to have Dr. Rice join our board — she brings an incredible amount of experience and insight into international markets and the dynamics that define them. As we continue to expand into new countries, we need that type of insight to help us reach new users and defend their rights. Dr. Rice understands our stance on these issues and fully supports our commitments to our users,” was Dropbox’s response.
The 394-unit project, called Anton Menlo (it’s being developed in partnership with real estate developer St. Anton Partners), will be within walking of the social network’s Menlo Park, Calif., campus. The cushy rental complex will feature all the benefits of high-end apartments. Plans include options that rival the amenities of even the most posh housing arrangements and compliment the batch of incentives already offered at the youthful, laid-back office park.
Although Anton Menlo will certainly draw prospective recruits away from other power players in the tech and startup market, the digital brand is no innovator in corporate housing. Large businesses often hold leases on apartment blocks to accommodate guests and displaced employees. But community setups such as these haven’t been seen since industrial neighborhoods died out in the early 20th century.
Still the modern company town is certainly an advantage in an area with rising real estate costs, hundreds of relocating techies and a flustering search for nearby residential options. But will employees living among their peers soon forget how to unplug?
Perhaps when you work for Facebook, taking a step back is less of a concern. However, living and working with the same people around the clock can easily become overwhelming in an already frenzied occupation. Still once the 630,000 square-foot housing complex is complete, workers of the pioneer in online community development will have one of their very own IRL (In Real Life, in case you don’t know). And they’ll never have an excuse for being late again.
Of course, tech start-ups in Silicon Valley are finding lots of success. But there are a number of other cities that are also becoming fertile ground for burgeoning technology businesses.
According to data provided by Thomson Reuters and the MoneyTree Report by PwC and compiled by National Venture Capital Association, San Francisco and San Jose, CA are the two top cities in the U.S. for technology start-ups. But coming in at number three is New York City. Mayor Michael Bloomberg, Sen. Chuck Schumer, and other New York government officials started a big push in 2011 to make the Big Apple a hub, not just for industries the city has been known for. It has been building a reputation as the place for tech start-ups on the East Coast.
“Part of this is that many of the traditional industries in which New York has always been a leader — like financial services, and retail, and business services — are more and more becoming high-tech industries as well,” Sen. Schumer said at the time.
Mashable also credits companies like Facebook and Google, which have set up offices in New York, for boosting its tech cred.
Coming in number four on the list is Boston, which, according to CIO.com (the site originally posted this information) is a venture capital hub and is seeing a lot of activity in the healthcare and IT spaces. That city is also aided by the prestigious schools that call the city home. For instance, according to CIO.com, MIT grads are jumping into a lot of startups.
And finally, number five is Los Angeles, which is, naturally, seeing a lot of activity in the media and entertainment area.
Behind The Click: Ayori Selassie Came From Humble Beginnings to Work for Forbes’ Most Innovative Company
“The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.” Theodore Roosevelt
“The future belongs to those who believe in the beauty of their dreams.” Eleanor Roosevelt
There are the Oscars. The BET Awards. The MTV Awards. But did you know there was an awards ceremony for the top African Americans in technology? People who are working to make our lives better through new innovations?
Black Money just released the names of 2012′s “50 Most Important African-Americans in Technology,” who will be honored on January 15, 2013 in Washington, DC at the Innovation & Equity Symposium. The theme for this year is “Keeping America First in Technology: Public Innovation and Supplier Diversity.”
Many ask, “Where are the blacks in technology?” That’s because the numbers still remain low. In fact, the number of minorities in Silicon Valley have actually dropped. “An analysis by the Mercury News of the combined work force of 10 of the Valley’s largest companies — including Hewlett-Packard, Intel, Cisco Systems, eBay and AMD — shows that while the collective work force of those 10 companies grew by 16 percent between 1999 and 2005, an already small population of black workers dropped by 16 percent, while the number of Hispanic workers declined by 11 percent. By 2005, only about 2,200 of the 30,000 Silicon Valley-based workers at those 10 companies were black or Hispanic,” according to the Mercury News.
So the recognition of blacks in the field by “Black Money” is even more significant. Among the honorees are Dr. John and Gerald Commissiong, the co-founders behind Amarantus BioSciences, Inc., a California-based biotechnology company developing new treatments and diagnostics for Parkinson’s disease and traumatic brain injury.
The Hon. Dr. Cardinal Warde, a professor of electrical engineering at MIT, is also being recognized. He is considered one of the world’s leading experts on materials, devices and systems for optical information processing. There is also: Dr. Debra Auguste, the newly appointed associate professor of biomedical engineering at City University of New York; Dr. Jean Orelien, a leader in the mathematical research behind modern medicine who does a lot of work in Haiti; and Linda Cureton, the chief information officer of NASA.
For a full list of the tops in tech, visit the Black Money website.
Tech Entrepreneur Cites Discrimination and Lack of Mentorship For Silicon Valley’s Lack Of Diversity
by R. Asmerom
Diversity in Silicon Valley continues to be a touchy subject. The dire lack of women and African-Americans, in particular, is one issue that is interpreted from two very different perspectives. Is the lack of diversity due to the dearth of support for African-Americans to enter tech careers or is it due to blatant discrimination by venture capitalists?
One of Silicon Valley’s “most controversial critics” Vivek Wadhwa is certainly not buying the fact that Silicon Valley is a meritocracy. In an interview with Andre Keen on TechCrunch TV, Wadwha said that the few racist and sexist VCs in Silicon Valley were partially responsible for keeping the doors closed to women and Blacks. “What happens is that there is always one arrogant partner, there’s always one sexist, racist,” he said.
In addition, Wadhwa also places blame on the African-American community for not investing in mentorship. He recalled how he told a group of African-American techies that “the problem with you is that you don’t help each other. That caused everyone to gasp, but the reality is that those groups haven’t been helping each other.”
Wadhwa cites how the Indian community advanced in the tech field by creating mentorship programs early on, resulting in their strong presence in the tech field. “1 out of 7 every companies in Silicon Valley had an Indian CTO or CEO between 1995-2007,” he noted.
Watch his full interview at TechCrunch
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