Silicon Valley is known for being disruptive in the technology industry and stimulating social change. However, tension is mounting as Bernie Sanders, an independent senator from Vermont, begins to edge out his competition in the 2020 presidential race. Leaders in the Silicon Valley are worried that Sanders’ position is too extreme and that voting for […]

Recent years have witnessed several attacks on governments and businesses by Ransomware, a malicious software that can encrypt and control computer systems. Although authorities have not released broad statistics regarding trends, the FBI stated that these attacks are becoming “more targeted, sophisticated, and costly.” Interestingly, before 2019, these attacks were known to target only businesses […]

The Wallstreet Journal ranked Austin, Texas as the top city for job market growth along with Nashville, Tennessee coming in at second place. Rankings were based on “the unemployment rate, labor-force participation rate, job growth, and labor-force growth and wage growth.” Apple and Amazon have made recent moves to the southern states, creating a growing number […]

President Trump signed the Tax Cuts and Jobs Act (TCJA) into law on December 22, 2017. The law brought about drastic changes to federal tax laws—so much so that the Act is recognized as the largest tax code overhaul in thirty years. American companies constantly pursue methods that allow them to pay taxes lower than […]

The Washington Post in a recent article reported that Michael Bloomberg, a Democratic presidential candidate in the 2020 U.S. presidential primaries, recently announced a financial reform policy that subjects Wall Street to regulatory scrutiny. This policy, however, contradicts many of Bloomberg’s earlier statements in defense of Wall Street while he was mayor of New York. […]

A recent survey shows that Americans think this is the best economy since the 1990s. Fifty-nine percent of Americans state that they are financially better off today compared to where they were a year ago. Nearly three-quarters of people predict that their financial situations will become even better one year from now. This survey is […]

Executive Vice President at the European Commission for “a Europe fit for the digital age,” Margrethe Vestager, announced the European Union’s “digital strategy” in late February, prompting executives at U.S. tech giants, like Facebook and Google, to express both support and concern over the potential effects of the plan. The unveiling of the plan comes […]

On February 18th, employees at the crowdfunding platform Kickstarter narrowly voted to unionize and marked the first step toward organized labor representation in tech. While it is uncertain whether unions comprised of software engineers will take off, Kickstarter United represents a new vision of unions as vehicles to hold employers accountable for ethical decisions. Labor […]

SpaceX – the privately held space exploration company led by charismatic founder, Elon Musk – is reportedly raising a new round of fundraising. Reports indicate that the company is looking to raise approximately $250 million dollars at a price per share of $220. This would value SpaceX at about $36 billion – a $3.3 billion […]

Elliott Management, the $38 billion US activist hedge fund, has reportedly built up a $2.5 billion stake in SoftBank—urging improvements in governance and a share buyback from the troubled Japanese conglomerate. In a country that is only recently seeing the emergence of shareholder activism, this move represents the latest in a series of high-profile and […]