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Bloomberg News @ Silicon Valley 1 place · 02/07/2025 20:39 EDT

Musk’s crew descends on CFPB with plan to shut it down

The CFPB is funded independently through the Federal Reserve, but the CFPB director has the power to determine how much money the agency needs. That means a CFPB director could zero out the agency's budget entirely. Read more ›

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Silicon Valley
The Associated Press @ Silicon Valley 3 place · 02/07/2025 20:05 EDT

Wall Street slumps as worries mount over Trump’s tariffs, inflation

Amazon, one of Wall Street's most influential companies, topped analysts' expectations for earnings at the end of 2024, but its stock nevertheless fell 4.1%. Investors focused instead on its forecast for upcoming revenue, which fell short of analysts' expectations. Read more ›

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Silicon Valley
The Associated Press @ Silicon Valley · 02/07/2025 19:46 EDT

Importers stockpile Prosecco as a hedge against Trump’s tariffs

Trump said last weekend that he would impose tariffs "pretty soon" on the EU, but he did not provide any details. He put import tariffs on goods from Mexico and Canada but then delayed them for 30 days. A new tariff on imports from China took effect Tuesday. Read more ›

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Silicon Valley
Ethan Baron @ Silicon Valley · 02/07/2025 17:28 EDT

Musk pledges to rehire young DOGE member after recent racist posts

The work DOGE has drawn fury from Democrats and charges that it is illegally accessing the private data of millions of Americans, and violating the Constitution. Read more ›

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Silicon Valley
Chase Hunter @ Silicon Valley · 02/07/2025 15:49 EDT

Martinez Refining Company provides new details on investigation into gas leak and fire

The latest update provides details about the company's inquiry into the fire which led to a brief shelter-in-place order from public health and safety agencies that were concerned about particulate matter released from the refinery. The update also warns the public of intermittent flaring as refinery units are "drained and purged." Read more ›

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Silicon Valley
Associated Press @ Silicon Valley · 02/07/2025 14:55 EDT

Silicon Valley and Indian investors spend big as English cricket goes up for sale

By KEN MAGUIRE and STEVE DOUGLAS Foreign investors have been googly-eyed about English soccer for decades. Now, they are buying into an even more quintessential English sport — cricket. Auctions of franchises in a tournament called The Hundred have attracted investors from India, Silicon Valley and New York over the past few days. The competition, […] Read more ›

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Silicon Valley
George Avalos @ Silicon Valley · 02/07/2025 14:20 EDT

Bay Area tech job cuts top 2,000 mark in 2025 as sector streamlines

Several tech companies have revealed plans for a new round of Bay Area layoffs that could erase thousands of jobs Read more ›

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Silicon Valley
Kurt Snibbe @ Silicon Valley · 02/07/2025 13:11 EDT

NFL on TV: These charts show how football dominates ratings

You might be surprised at how many of the 100 most-watched shows since 2019 were football games. Read more ›

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Silicon Valley
Associated Press @ Silicon Valley · 02/07/2025 11:48 EDT

Elon Musk team’s access to student loan systems raises alarms over personal information for millions

A lawsuit filed seeks to block DOGE’s access to student financial aid systems, saying it violates privacy rights of millions of federal student loan borrowers. It was filed by the advocacy group Student Defense on behalf of the University of California Student Association. Read more ›

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Silicon Valley
Associated Press @ Silicon Valley · 02/07/2025 10:45 EDT

Google scraps its diversity hiring goals as it complies with Trump’s new government contractor rules

Like several other major tech companies, Google sells some of its technology and services to the federal government, including its rapidly growing cloud division that’s a key piece of its push into artificial technology. Read more ›

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Silicon Valley
Christopher Elliott The Travel Troubleshooter @ Silicon Valley · 02/07/2025 09:30 EDT

Problem Solved: This Sears refrigerator can’t be repaired. Do I still have to pay $677?

Michelle Hughes just spent $677 to have a Sears technician repair her GE refrigerator. It doesn't work. Does she still have to pay for the repair? Read more ›

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Silicon Valley
Jeff Collins @ Silicon Valley · 02/07/2025 08:58 EDT

Gov. Newsom tells forestry board to speed up rules for ’ember-free zones’

The governor called on the state Board of Forestry to enact regulations they were ordered to draft four years ago. Read more ›

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Silicon Valley
Liam Denning @ Silicon Valley · 02/07/2025 07:30 EDT

Opinion: Tesla’s awful numbers put Musk back into campaign mode

Very little looks good on EV company's balance sheet, but Tesla chairman tries every way possible to spark excitement. Read more ›

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