Snapchat is joining the ranks of startups "worth" $10 billion. According to the Wall Street Journal, Kleiner Perkins is investing $20 million into the ephemeral messaging app. That cash infusion gives the company a new 11-digit valuation, despite lacking "a clear business model."

This just popped up on everyone's least favorite social network. If Facebook is a lemonade stand, then what exactly is Google+? A neglected sack of Country Time powder? An abandoned yeast factory, inhabited only by raccoons?

Celebrities ranging from basketball All-Stars to miscreant pop stars are desperate to cash in on Silicon Valley's boom. But rarely are they as successful as Jessica Alba.

When you have an unapologetic asshole for a CEO, your company does things like this: Uber is conducting a full-blown street campaign to destroy Lyft using deceptive tactics, The Verge reports. This is what "disruption" really looks like.

Coin already blew their launch, pushing back the release of the all-in-one credit card eight-plus months right before pre-orders were supposed to ship. Now, customers will only be able to use their $100 Coin card for a few months before it's made obsolete.

It turns out, there's not a diversity problem in technology's heartland: the Googles and Facebooks are full of black and Latino workers. The problem is that they're doing the jobs nobody wants, for peanuts.

Uber, Lyft, and other on-demand taxi startups are on a lobbying blitz this week as California lawmakers consider two pieces of legislation that would strengthen insurance and background check requirements on the companies.

It's a good thing luxury RVs are on the rise among Burning Man fans: the whole dust-and-MDMA bonanza is rained out because of shitty weather.

In recent months, Airbnb has come to resemble a political operator that happens to run a hotel network. As politicians and governments on both coasts turn the screws on the $10 billion startup, the startup continued its astroturfing campaign against San Francisco's so-called "home sharing" legislation and blanketed New York's subway system with ads. But their latest political promo is their most cynical yet.

TechCrunch contributor Billy Gallagher is the latest writer for the site to make the jump into venture capital. Only this time, Gallagher is going to continue writing for the site, despite a conflict of interest so large it can be viewed from space.

Coin has apologized for screwing their customers. In a letter pushed out late Saturday afternoon, the credit card startup told their pre-order customers that 15,000 purchasers will receive Coin Beta cards for free. Everyone else will have to wait eight more months for the final product.

If coders are the new rockstars, then hackathons (marathon coding sessions to experiment with software) are a natural setting for a music video. A millennial CEO like Lucas Duplan gets that, which is the $30 million Stanford sob story is lifting its spirits through power of song.

Tech is already known for having some of the highest wages of any American industry. But they continue climbing to new heights. Just south of San Francisco, in San Mateo county, home of Menlo Park and Redwood City, the average tech worker earned $291,497 in 2013.

Poor Gavin Newsom. Once he was the Mayor of San Francisco, spending his days working in a golden City Hall, sleeping with his campaign manager's wife, and boozing around town. Now he's California's lieutenant governor, doing a job he feels has little purpose and sharing desks with an internet browser extension startup in a San Francisco co-working space.

Less than a month ago, Sam Altman, the new President of Y Combinator, officially declared that "Sexism in tech is real." That was the first sentence of his post on diversity. Sadly, there is now more proof of sexism in tech for those that still need convincing. Right before meeting a reporter from Re/code, Y Combinator cofounder Jessica Livingston was hassled by an investor.

Dark money has been plaguing politics even since the Supreme Court's Citizens United decision. The subsequent Super PACs, fueled by shadowy donations from millionaires and billionaires, have brought unwelcome influence into elections and made political parties more polarized. And Silicon Valley's elite know just how to fix the problem: pouring millions into their own super PACs.

Last year, we told you about Coin, a credit card gadget for people with so many credit cards, they need a fancier credit card to organize them all. If this sounded like a convoluted product idea, it turns out you're right—and everyone who pre-ordered is boned.

Be wary of what you post to Secret: A hacker detailed to Wired a new way to read any individual's secrets. What's more? There have been 42 security vulnerabilities on the gossip platform discovered by the public in the past six months.

This monstrosity looks like the kind of vehicle the military would perch snipers atop of. But no, it belongs to a San Francisco speaker startup's marketing department.

Silicon Valley hit a new pinnacle of pointlessness earlier today as the summer's hottest two-letter app co-branded with Smart Automobile to offer minimalist-themed rides across San Francisco.