PIF Managing Director Yasir bin Othman Al-Rumayyan attends the Russian-Saudi Investment Forum held at the Ritz-Carlton Moscow Hotel. Sergei Bobylev | TASS via Getty Images DUBAI, United Arab Emirates — Saudi Arabia’s sovereign wealth fund is in talks with American venture capital firm Andreessen Horowitz and potentially others to create a $40 billion fund to … Read more
California Forever, the quixotic, billionaire-backed project to build a new city in the Bay Area, is chugging along. Despite the fact that locals seem to hate it, the Silicon Valley dreamers behind the project remain undeterred. The team planning the city released more details about their proposed development this week, including a map of what … Read more
The cohort of Silicon Valley tech titans who have been hoovering up Bay Area farmland in the hopes of converting it into a new city have been accused of deploying “strong-arm tactics” and a “divide-and-conquer” strategy to gobble up as much acreage as possible. A number of local farmers say Flannery Associates, the parent company … Read more