Elon Musk Los Angeles San Francisco state Texas city Houston covid-19 pandemic Elon Musk Los Angeles San Francisco state Texas city Houston

Covid-19 pandemic loosens Silicon Valley’s tight grip on tech industry

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Also read: Why your health plan premium is suddenly spikingOracle provided few details, saying it is implementing more flexible remote-work policies but wouldn’t move staff.

It follows an announcement earlier this month by Hewlett Packard Enterprise Co., another business-technology company with deep roots in Silicon Valley, that it is moving its headquarters to Houston—as well as similar moves by a number of well-known venture capitalists announced in recent months.

Elon Musk, who had long lived in Los Angeles and commuted to Tesla Inc.’s operations near San Francisco, last week said he had moved to Texas.

And he criticized the policies of the state as restrictive—echoing the arguments of many of those leaving the Bay Area.These.

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