Friday 19 April 2024
 
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Silicon Valley

Dewa sets up tech investment company in Silicon Valley

Dubai Electricity and Water Authority (Dewa) has announced the launch of its new investment subsidiary, Jumeirah Energy International Silicon Valley Company (JEI Silicon Valley), in California, US.   The investme

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Dewa sets up tech investment company in Silicon Valley

Dubai Electricity and Water Authority (Dewa) has announced the launch of its new investment subsidiary, Jumeirah Energy International Silicon Valley Company (JEI Silicon Valley), in California, US.   The investme

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Silicon Valley IPO market boom winding down

Last year, many tech IPOs enjoyed soaring valuations in their Wall Street debut, raining cash on the companies and their investors and boosting concerns about another Silicon Valley bubble. Now, the party is winding down, accordin

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India's Modi continues rock-star US tour

Indian Prime Minister Narendra Modi will not only speak to Silicon Valley's biggest executives during his two-day visit to the US tech hub but will also take questions from some of Facebook Inc's 1.5 billion users at a town hall on Sunda

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Debate on self-driving cars: do you need a map?

The Silicon Valley race to build a self-driving car may revolve around one simple question: to map or not to map. The company at the forefront of the race, Google Inc, is creating intricate maps that detail every tree and curb alo

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Apple shares fall on iPhone parts order cuts

Shares in Apple dipped below $500 for the first time in almost one year after reports it is slashing orders for screens and other components from its Asian supplier as intensifying competition erodes demand for its latest iPhone.

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Facebook picks Nasdaq for IPO

Facebook, preparing for what would be Silicon Valley's largest IPO, has picked Nasdaq over the New York Stock Exchange for its listing in a major victory for the technology-laden US bourse, a source familiar with the situation said. On

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Facebook picks Nasdaq for IPO

Facebook, preparing for what would be Silicon Valley's largest IPO, has picked Nasdaq over the New York Stock Exchange for its listing in a major victory for the technology-laden US bourse, a source familiar with the situation said. On

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Unicorn achieves strong results

Unicorn Investment Bank (Unicorn) said earnings for the nine months to the end of September 30, 2008 rose by 121 per cent, from $84.6 million in the first nine months of 2007 to $186.7 million in the first nine months of 2008. Net profit i

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