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Santa Clara’s Mayor Lisa M. Gilmore presented the Silicon Valley honour on the birth centenary of the Father of the Nation.

So far Musk has secured commitments of more than $7 billion from a range of investors, including Silicon Valley heavy hitters like Oracle co-founder Larry Ellison.

Experts believe that this is the latest milestone in Silicon Valley and the  heavyweight’s spectacular stock surge since introducing the iPhone in 2007

The edtech platform with a global presence, Emeritus, has announced to have raised $650 million in a funding round led by SoftBank Group Corp's Vision Fund 2 and Silicon Valley venture capital firm Accel.

At present, about 1600 people are working on these digital services and candidates for these profiles are recruited from Silicon Valley, engineering colleges, and even NASA

FinTech brokerage firm Angel Broking has appointed Silicon Valley veteran Narayan Gangadhar as its new CEO. In this role, Narayan will be responsible for the overall growth and operational strategy for the company.

This marks the first two of four data center openings expected for the Americas region this year, with a completely new Silicon Valley campus and a planned expansion in Ashburn.

Microsoft has acquired startup Citus Data known for commercializing an open-source database software called PostgreSQL. It investors include Silicon Valley accelerator Y Combinator, Data Collective and Khosla Ventures.

Through a Super Bowl ad, public statements and court filings, Silicon Valley's biggest companies are taking a strong stand against President Donald Trump's travel ban, saying high tech needs immigrants' creativity and energy to stay competitive.

The fund raised will be used for product development efforts and to build engineering team both in Bangalore and the US. The company also plans to increase the headcount of its core engineering team.