CALIFORNIA | LOCAL
September 8, 2003 |
It was not yet 8 a.m. at Buck's restaurant, the legendary Silicon Valley networking nexus and breakfast joint. Already, Jamis MacNiven, Buck's irrepressible owner, was in full recall spiel, navigating his big frame from booth to booth -- from venture capitalists hunched over kiwi strawberry blintzes to unemployed techies desperately scouring the dining room for opportunities.
July 21, 2006 |
In a case that struck fear in Silicon Valley, federal authorities Thursday filed the first of what could be a barrage of criminal and civil charges against technology company executives for allegedly manipulating stock option grants to make them more lucrative for employees.
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.
May 10, 2004 |
When the millionaires-to-be at Google Inc. decide to go luxury-car shopping, the Carlsen Porsche sign beside Silicon Valley's Highway 101 may catch their eye. Salesmen on the showroom floor here have been buzzing about Google's recently announced plan to hold the biggest initial public offering of stock for a high-tech company since the Nasdaq meltdown four years ago.
September 7, 2006 |
A proposal to blanket 1,500 square miles of Silicon Valley with affordable wireless Internet access stepped closer to reality after a joint task force selected a consortium to build and operate the network. Silicon Valley Metro Connect, which includes Cisco Systems Inc. and IBM Corp., said late Tuesday that it secured the bid from the Wireless Silicon Valley Task Force. Further approvals by individual municipalities need to be worked out, however, before the wireless network becomes a reality.
January 30, 2007 |
Silicon Valley's economy has revved up thanks to plucky Internet and alternative energy start-ups, according to a new report. Local technology companies created 33,000 jobs last year -- the first increase since 2001, a year after the dot-com downturn. The region's median household income jumped 6.5% from 2005 to 2006, to $76,300 -- the first uptick since 2001. It decreased 13% from 2001 to 2004.