CNBC recently reported that California has the world’s fifth-largest economy (based on figures from the U.S. Department of Commerce). And they add that in 2019 the state saw $65.6 billion in venture capital (VC investment money), “by far the highest of any state.”
But another CNBC article cites predictions that Silicon Valley’s share of VC investments will drop below 20% for the first time this year the continuation of a slow decline that’s been happening since 2014. And there’s also recently been news stories about an “exodus” of tech workers from Silicon Valley proving the old truth that what’s happening depends on which data set you’re looking at.
As attacks on Asian communities rise, so must understanding and solidarity between Asian and Black communities to challenge the real enemy, White supremacy.
Saturday Links: Friday Night Embarcadero Shooting Leaves Two Injured
There was a double shooting Friday night near Drumm Street at the Hyatt Regency Hotel that left two men injured. One man is said to have sustained life-threatening injuries, while the other one is recovering from less severe wounds; both men were taken to a nearby hospital and police are still looking for the gunman. [ABC7]
SF police have set up additional patrols around Chinatown over the Lunar New Year weekend after a wake of violent attacks on older Asians. [KRON4]
The navigation center in District 3 which is designated to help mostly homeless youth between 18 to 24 opened this week at Post and Hyde streets. [Hoodline]
A Tense Lunar New Year for the Bay Area After Attacks on Asian-Americans
The attacks have renewed fears over a wave of anti-Asian violence and harassment that was spurred earlier in the pandemic.
Max Leung, second from right, handing out information on how to report a hate crime to a group of men playing cards in San Francisco’s Chinatown neighborhood on Thursday.Credit.Jim Wilson/The New York Times
The videos are graphic and shocking.
In January, a local television station showed footage of a young man sprinting toward, then violently shoving to the ground, a man identified as Vicha Ratanapakdee, 84, who had been out for a morning walk in the Anza Vista neighborhood of San Francisco. He later died.
DoorDash is expanding its robotic footprint into the kitchen. The delivery service is set to acquire Chowbotics, a Bay Area-based robotics best known for its salad-making robot, Sally. TechCrunch has confirmed the acquisition, which was first noted by The Wall Street Journal. “We have long admired the work that Chowbotics has done to increase access […]