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Silicon Valley derives its name from the silicon used in transistors and computer chips, pioneered in the region in the 20th century. However, the term did not gain widespread use until the early 1980s, [ 1 ] at the time of the introduction of the IBM PC and numerous related hardware and software products to the consumer market.
It was the world's first university research park. [1] [2] It has more than 150 companies, including Hewlett-Packard, Tesla Motors, TIBCO and VMware; previous high-profile tenants include Steve Jobs's NeXT Computer, Xerox PARC, and Facebook. [3] [4] It has been called "an engine for Silicon Valley" and "the epicenter of Silicon Valley". [5]
The Silicon Wadi area covers much of the country, although especially high concentrations of hi-tech industry can be found in Tel Aviv and its metropolitan area, known as Gush Dan, including small clusters around the cities of Ra'anana, Petah Tikva, Herzliya, Netanya, the academic city of Rehovot and its neighbor Rishon LeZion.
The startup scene in Silicon Valley dates back the 40s, when Frederick Terman, the dean of the Stanford University School of Engineering, began encouraging faculty and alumni to start companies.
Silicon Valley, a longtime engine of human achievement, has become a significant source of human harm. Aware of the gathering backlash, its leaders have dived into the political fray to protect ...
Silicon Valley, long known for its left-leaning business leaders, is looking a little less liberal this year. But reports that it’s turning into a Republican stronghold have been exaggerated.
He is credited with nurturing Hewlett-Packard, Varian Associates, and other high-tech firms, until what would become Silicon Valley grew up around the Stanford campus. Terman is often called "the father of Silicon Valley." [42] Terman encouraged William B. Shockley, co-inventor of the transistor, to return to his hometown of Palo Alto.
In Silicon Valley and New York, venture firms had amassed billions in dry powder to invest in crypto projects. It was the was perfect time for Al-Naji’s next act.