February 26, 2008 |
The Internet bubble of the late 1990s ended with a painful pop. When today's young entrepreneurs get together, the only bubbles they see are in their mimosas. Even as the rest of the business world frets about the gloomy economy, Silicon Valley is living the high-tech high life.
December 24, 2007 |
An offbeat a cappella group composed mostly of computer geeks, the Richter Scales have performed original ditties and pop parodies in relative obscurity for seven years. That is, until three weeks ago, when they released an online video that mocks the latest Internet frenzy sweeping Silicon Valley. "Here Comes Another Bubble," an original arrangement of Billy Joel's "We Didn't Start the Fire," pokes fun at the "monster rally all around the valley."
CALIFORNIA | LOCAL
September 27, 2007 |
SAN JOSE -- Two engineers about to go on trial on charges of stealing confidential computer chip designs from their Silicon Valley employer and a partner firm were indicted Wednesday on the rare and more serious charge of economic espionage, prosecutors said. The indictment returned by a grand jury in U.S.
July 23, 2007 |
Los Angeles is gaining on Silicon Valley as ground zero for the current Internet boom. Information services companies in Greater L.A. reaped $167 million in venture capital investment during the second quarter, according to a report scheduled for release today by Ernst & Young and Dow Jones VentureOne. The region, which includes Los Angeles, Ventura and Santa Barbara counties, trailed only the high-tech hub to the north, which pulled in $262 million.
June 13, 2007 |
They are the captains of Silicon Valley, dispensing cash and advice to companies on the cutting edge of technology. So why can't the venture capitalists on Sand Hill Road keep the lights on? Electricity to the high-tech industry's money center has cut out, for several hours at a time, on at least three occasions in the last few months. When it does, screams ring out from those who hadn't saved their files. Phones stop working. Fax machines cease spitting out term-sheets for deals.
April 1, 2007 |
What would you do if you became a multimillionaire? In Silicon Valley, the answer is often surprising: Get back to work. Gautam Godhwani faced that decision at the age of 24. Only a few years out of UC Berkeley, he helped start an Internet company called AtWeb from his parents' basement, and Netscape snapped it up in 1998 for $93 million. He celebrated by buying a Porsche 911 and a San Francisco apartment with three bedrooms and a view of the Golden Gate Bridge.