Yahoo rejected two PhD students’ $1 million offer for their site. Here’s why they are still “thankful” for it

Yahoo rejected two PhD students’  million offer for their site. Here’s why they are still “thankful” for it

In the mid-’90s, an ambitious university project paved the way for what would become a titan in the digital realm. Larry Page and Sergey Brin, two PhD students at Stanford University, embarked on a quest in 1996 to build a formidable search engine that would transform the internet. By 1998, their vision caught the attention … Read more

Is Silicon Valley over? Not so fast

Is Silicon Valley over? Not so fast

Is Texas the new Silicon Valley? This month Oracle said it was moving its headquarters to Austin after more than 40 years in California. Hewlett Packard Enterprise, descended from the Valley’s original garage start-up, is off to Houston. Elon Musk has moved to Texas, too, and has hinted that Tesla, the car company he co-founded … Read more

Tesla to join S&P 500, spark epic index fund trade

Tesla to join S&P 500, spark epic index fund trade

Tesla Inc is set to join the S&P 500 in December, a major win for Chief Executive Elon Musk that boosted the electric car maker’s shares 14 per cent on Monday in anticipation of a $51 billion (£39 billion) trade by index funds adjusting their holdings. S&P Dow Jones Indices announced that the company would … Read more