The tariffs imposed by President Donald Trump's administration will end up "harming the very people he hopes to help, not punishing China," according to a major Silicon Valley trade group, Politico reports. The Trump administration this week announced a 25 percent tariff on $50 billion worth of Chinese imports, the first of which will take effect in July and will focus on "industrially significant" technologies, including robotics and automobiles. However, U.S. tech companies hope they can change Trump's mind, as many of their products are manufactured in China, where labor costs are quite low, utilize components made in China, or hope to make gains in the Chinese market. "By imposing tariffs on consumer goods and key components of such goods, the president would needlessly take money out of Americans' pockets — harming the very people he hopes to help, not punishing China," Dean Garfield, head of the trade group Information Technology Industry Council, which counts Google, … [Read more...] about Silicon Valley: Trump Tariffs ‘Take Money out of Americans’ Pockets’
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The “bamboo ceiling” and the lack of Asian-American executives in Silicon Valley
Much attention has rightly been focused on the glass ceiling discrimination that exists in many of the most profitable industries in America, including the financial and technology sectors.One issue, however, that has not been explored as deeply is the under-representation of Asian-American employees in the executive ranks (dubbed the “bamboo ceiling”) of technology companies.The “bamboo ceiling:” another form of promotion discrimination in Silicon ValleyAn in-depth analysis of publicly available information from some of the top technology companies, including Google, Hewlett-Packard, Intel, LinkedIn, and Yahoo, sheds some revealing light on the dearth of Asian-American executives across the industry.Although Asian-American employees are actually in some cases over-represented in non-management positions in these five tech companies, they are, according to Ascend Foundation‘s research, “severely underrepresented at the … [Read more...] about The “bamboo ceiling” and the lack of Asian-American executives in Silicon Valley
Anand Giridharadas: The disappearance of Jamal Khashoggi highlights Silicon Valley’s Saudi hypocrisy
Hamza Shaban, The Washington Post Published 2:09 pm PDT, Friday, October 19, 2018 Author Anand Giridharadas sees the disappearance of a U.S.-based Saudi journalist as a dramatic illustration of Silicon Valley's hypocrisy: While new-age technology companies tout their idealism and world-changing missions, many popular tech firms rely on investments from the government of Saudi Arabia, despite what Giridharadas describes as the kingdom's barbaric politics and suspected involvement in the alleged assassination of journalist Jamal Khashoggi. The alleged murder of Khashoggi at the hands of Saudi agents has ignited a global outrage and entangled the Trump administration in a diplomatic quandary. Turkish and U.S. intelligence officials suspect that Khashoggi, a Washington Post contributing columnist, was killed and dismembered inside the Saudi consulate in Turkey on Oct 2, where he was last seen in public. Saudi leaders deny knowledge of Khashoggi's disappearance but have … [Read more...] about Anand Giridharadas: The disappearance of Jamal Khashoggi highlights Silicon Valley’s Saudi hypocrisy
Chinese Law Firm Opens Silicon Valley Office With 2 Perkins Coie Partners
A leading Chinese law firm has opened a Silicon Valley office staffed by the former managing partners of the Perkins Coie law offices in Beijing and Shanghai.In addition to James Zhu and Zhaohui “Zoe” Wang, the Beijing-based Jun He Law Offices has also hired former Jones Day counsel Steven Cui, who previously worked in that firm’s Beijing office, reports the Am Law Daily. Wang will do some work in Silicon Valley but is primarily based in Shanghai, the article notes.The new Silicon Valley office “will help us represent U.S. clients doing business in China, as even today, U.S. firms are limited in their ability to do business in China because of local restrictions against foreign attorneys,” Zhu tells the legal publication. “So joining a Chinese firm will help us remove those restrictions.”Both his and Wang’s clients, he says, are American companies looking to do business in China, although he hopes to represent more Chinese companies … [Read more...] about Chinese Law Firm Opens Silicon Valley Office With 2 Perkins Coie Partners
Letters: Officer Danny, Mexican elections, Paxton and Huffines, Beto O’Rouke and Will Hurd, Silicon Valley
Officer Danny made a differenceAfter reading about a fallen motorcycle officer, I was reminded me of Officer Danny Forest Cordes, a 20-year veteran who served in Mansfield. He died May 23, 1986, a Friday. I cried along with our entire community. Officer Danny would direct traffic at the intersection of Walnut Creek and Country Club drives. Every morning we would see him and he would smile and wave; that's how we knew it would be a good day. Of course there were those days he would be irritated, but mostly he would smile. I will never forget him. No, I didn't know him. I never even spoke to him, but as a little girl I found his spirit inspiring. After he died on that dreadful Friday, our town had to get a traffic signal light and life was never the same again. So cheers to a wonderful man, Officer Danny Cordes!Ashley Barg, DallasMexico's lesson for the U.S.Re: "Third time's a charm: Mexico elects a new president — Huge voter turnout propels … [Read more...] about Letters: Officer Danny, Mexican elections, Paxton and Huffines, Beto O’Rouke and Will Hurd, Silicon Valley