Breana Noble The Detroit News Published 10:02 PM EST Feb 4, 2019 Ann Arbor — Silicon Valley companies say they will create nearly 1,500 jobs in automotive-related manufacturing and research facilities across southeast Michigan by 2025. The ambitions are proof, Michigan leaders and industry experts say, that the state that put America on wheels possesses the workforce and knowledge — at least for now — to play a significant role in putting connected, autonomous and electric vehicles onto the pavement. But they caution that Michigan needs investment to attract and develop talent here to maintain its competitive position. "You have to fight to not move to the coasts," said Alisyn Malek, a former General Motors Co. executive who is the chief operating officer of May Mobility Inc. The Ann Arbor-based startup operates self-driving shuttles in Detroit, in Columbus and soon in Grand Rapids and Rhode Island. Detroit's Big Three have … [Read more...] about Talent needed for Michigan to compete with Silicon Valley in mobility
Silicon valley startup ecosystem
Joshua Brustein, Bloomberg 3:00 am PDT, Thursday, September 20, 2018 FILE – In this Tuesday, Oct. 11, 2011 file photo, Zynga CEO Mark Pincus speaks at a Zynga event, in San Francisco. Pincus initially described Win the Future, or WTF, as “a new movement and force within the Democratic Party, which can act like its own virtual party.” less FILE – In this Tuesday, Oct. 11, 2011 file photo, Zynga CEO Mark Pincus speaks at a Zynga event, in San Francisco. Pincus initially described Win the Future, or WTF, as “a new movement and force within the ... more Photo: Jeff Chiu, Associated Press Samantha Bee, the executive producer and host of Full Frontal with Samantha Bee, launched a trivia app in hopes of getting you engaged in the upcoming election. Bee’s app — This is Not a Game: The Game — crashed almost immediately, and was broken for days. … [Read more...] about Inside a failed Silicon Valley attempt to reinvent politics
When a big company looks to move, states and cities often compete with tax breaks to lure it, hoping it will boost the local economy by adding jobs. But what if some of those incentives went to startups instead? That's the goal of a new proposal from Brookings Institution's Hamilton Project in conjunction with the Duke Fuqua School of Business. Examples of how business incentives work now come from all corners of the U.S. New Jersey was among 20 finalists for Amazon's second headquarters. It offered up to $7 billion in tax incentives as part of its bid (and it isn't alone). Or take Wisconsin, which has lured Taiwanese technology giant Foxconn to build a plant in the state with incentives up to $4.5 billion. And three years ago, GE (GE) got breaks from Massachusetts and Boston totaling about $145 million to move offices for the headquarters alone. However, it's difficult to tell if the current system works. In 23 states, such incentives aren't monitored well or at all once they're … [Read more...] about What if the U.S. supported startups with billions?
Whether we're talking about political, economic or social change, no development has had as big an impact on global society as tech. It is a sector that impacts every aspect of our lives.Political campaigns are fought and won on social media. Huge advances in artificial intelligence mean we now work alongside robots. Transportation has never been as easy and seamless thanks to innovative solutions in the palm of our hand.So much of this early progress emerged from Silicon Valley, the small stretch of land in Northern California that runs from San Jose to Palo Alto.While its heart remains in San Francisco, today's tech industry now reaches across the globe. Tech hubs have emerged in all corners of the world, and rather than competing with the Valley, these new hubs are creating innovation on a global scale.Of the world's top five 'unicorns', three are companies less familiar to many in the West: Didi Chuxing, Xiaomi, Meituan Diaping. All of them come from China.The Far East was … [Read more...] about The global tech hubbub: Why it’s no longer Silicon Valley or bust
Gallery: Rise of the Rest's Case cites Chattanooga's 'buzz'AOL founder eyes city's startup momentum AOL founder Steve Case said Thursday he'd heard "the buzz" about Chattanooga, including stories of EPB's ultra-fast internet and the city's Innovation District that's drawing talent and capital. "This city has a glorious history," Case said at the Chattanooga Choo Choo during his "Rise of the Rest" tour stop. "I'm told there were 50 trains a day here. A hundred years ago, that was the hot technology. That shut down. Technology changed. The question is: What's the next revolution?" Case and his associates spent all day in the Scenic City, talking with entrepreneurs, sharing with officials his vision of the startup ecosystem and learning about what's happening in Chattanooga. Rise of the Rest The effort aims to make it easier for startups to launch businesses in places such as Chattanooga and not just locations such as in Silicon Valley or the East Coast. According to AOL founder Steve … [Read more...] about AOL founder Steve Case highlights Chattanooga’s startup momentum [photos]