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Stories related to: Silicon Valley

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  • October 2007

    • Will Costly Options Hurt Facebook?

      Wall Street Journal  |  Oct 28, 07 10:16 PM CDT

      Will Costly Options Hurt Facebook?

      (Newser) - Microsoft's recently purchased stake in Facebook may make it harder for the social networking site to hire talented employees, reports the Wall Street Journal . By selling a 1.6% stake for $240 million, Facebook increased its valuation to $15 billion, in turn radically increasing the cost of stock options, which are a vital part of many Silicon Valley compensation packages. More »

      Tags

      Google  • Microsoft  • Facebook  • social networking  • Silicon Valley  • stock options  • employment recruiting

    • Young Tycoons in Endless Pursuit of Next Project

      New York Times  |  Oct 28, 07 9:54 AM CDT

      Young Tycoons in Endless Pursuit of Next Project

      (Newser) - Rather than reveling in his $100 million fortune, mogul Max Levchin spent a year feeling "worthless and stupid" after he sold PayPal to eBay at the age of 27. Too young to retire, too restless to become a philanthropist, Max was like many young Silicon Valley tycoons dogged by their own over-achievement, the New York Times reports . More »

      Tags

      eBay  • Silicon Valley  • wealth  • millionaires  • PayPal  • tech companies

    • Dot-Com Bubble 2.0 Sparks Fears of Another Bust

      New York Times  |  Oct 17, 07 12:31 PM CDT

      Dot-Com Bubble 2.0 Sparks Fears of Another Bust

      (Newser) - Remember the dot-com bubble, when companies' huge price tags were based on buzz instead of revenue? Here we go again. Facebook is a prime example: It's valued at as much as $15 billion—half as much as established Yahoo, though the search giant has 32 times the revenue. “There’s definitely a lot of betting going on, and it’s not rational,” one analyst says. More »

      Tags

      Silicon Valley  • venture capital  • Internet startups

  • September 2007

    • Silicon Valley Goes Green

      San Francisco Chronicle  |  Sep 24, 07 4:08 PM CDT

      Silicon Valley Goes Green

      (Newser) - Silicon Valley is becoming a center of green technology research, with more than 100 companies focusing on solar power development, according to a report released today by the Silicon Valley Leadership Group. Green research companies are enjoying the favor of venture capitalists, who pumped $1.13 billion into the industry in 2005, with most of it going to California firms. More »

      Tags

      Silicon Valley  • green technology

    • Silicon Valley Cars Get Their Own Condos

      San Jose Mercury News  |  Sep 12, 07 12:52 AM CDT

      Silicon Valley Cars Get Their Own Condos

      (Newser) - Silicon Valley millionaires (and billionaires) are gearing up for the latest status symbol in Status Symbol Land—condominiums devoted to storing luxury cars. Condos will start at $250,000, and the sites will also offer "club rooms" where guys can talk about cars. "There are more collectors here than anywhere because of money and weather," said the director of a local car show. More »

      Tags

      car  • Silicon Valley  • luxury  • condominium  • San Jose

  • August 2007

    • Net Startups Go Gaga Over Silly Company Names

      Los Angeles Times  |  Aug 29, 07 2:19 PM CDT

      Net Startups Go Gaga Over Silly Company Names

      (Newser) - Following in the Google tradition of using a goofy name to stand out from the Silicon Valley pack, a new generation of internet startups is sporting wacky monikers that may rile investors and confuse consumers. Young companies resort to names like Tagtooga and Qoosa to carve out unique identities and snap up domains that aren’t already taken. More »

      Tags

      Internet  • Google  • Yahoo  • eBay  • Silicon Valley  • startup

    • Advertisers Will Soon Be Facebooking You, Too

      Wall Street Journal  |  Aug 23, 07 1:30 PM CDT

      Advertisers Will Soon Be Facebooking You, Too

      (Newser) - Facebook is at work on a way to sell ads based on information users and their friends post on the site, the Wall Street Journal reports. A basic version of the service could launch this fall, and the social-networking titan eventually might allow marketers to predict products and services users may be interested in before they specifically request them. More »

      Tags

      Internet  • Google  • Microsoft  • Yahoo  • Facebook  • advertising  • Silicon Valley  • Viacom  • Mark Zuckerberg  • online ads

    • US Visa Logjam Triggers Reverse Brain Drain

      AFP  |  Aug 23, 07 7:31 AM CDT

      US Visa Logjam Triggers Reverse Brain Drain

      (Newser) - Just as the US tightens immigration controls, a huge backlog in processing visas for legal migrants is causing a "reverse brain drain," forcing sought-after scientists, engineers, doctors and entrepreneurs to return to their home countries, according to a report released yesterday. One million would-be immigrants are competing for only 120,000 permanent visas issued each year, reports AFP. More »

      Tags

      immigration  • Silicon Valley  • immigrant  • visa  • brain drain  • reverse brain drain

    • Four Square Gets Serious in Silicon Valley

      San Francisco Chronicle  |  Aug 18, 07 5:59 PM CDT

      Four Square Gets Serious in Silicon Valley

      (Newser) - The latest craze to take root in Silicon Valley doesn’t involve codes or algorithms, just squares. That is, four squares, taped onto a carpet, or painted onto asphalt, for the classic elementary school game of four square. The game requires four players to hit a rubber ball back and forth with their hands. Played competitively, it can be brutal: sprained ankles, rug burns, skinned knees, back injuries. More »

      Tags

      Silicon Valley  • LinkedIn  • game  • Meebo  • playground games  • Mountain View

    • A Million Here, a Million There ...

      New York Times  |  Aug 5, 07 3:33 PM CDT

      A Million Here, a Million There ...

      (Newser) - Millionaires are a dime a dozen in Silicon Valley, where a seven-digit net worth was once a ticket to the good life. Today, lower-level millionaires have to clock 12-hour workdays just to stay afloat. The Times reports on some living embodiments of "be careful what you wish for." More »

      Tags

      money  • Silicon Valley  • wealth  • millionaires

  • July 2007

    • Tech Companies Cool on Indian Outsourcing

      Wall Street Journal  |  Jul 3, 07 10:12 AM CDT

      Tech Companies Cool on Indian Outsourcing

      (Newser) - India, the destination of choice for American tech companies looking for sophisticated but cheap labor, is beginning to lose its appeal, the Wall Street Journal reports. Rising pay scales are making it  too expensive to justify the complications of globalizing. Now some are outsourcing their outsourcing to slower climes like Vietnam and even Poland. More »

      Tags

      India  • technology  • Silicon Valley  • globalization  • wages  • Bangalore

  • June 2007

    • Battle for Tech-Savvy New Grads Heats Up

      Bloomberg  |  Jun 29, 07 9:36 AM CDT

      Battle for Tech-Savvy New Grads Heats Up

      (Newser) - Demand for students and recent grads with top-notch tech skills is higher than it's been in over a decade, thanks in part to banks and securities firms waging the recruiting wars alongside Silicon Valley giants such as Google. Bloomberg goes inside the process of wooing the so-called millennials, born between 1982 and 2002 and currently writing their own tickets. More »

      Tags

      Google  • Wall Street  • technology  • finance  • Silicon Valley  • recruits

  • May 2007

    • The Newest Fundraisers? Social Networkers

      San Francisco Chronicle  |  May 7, 07 4:00 PM CDT

      The Newest Fundraisers? Social Networkers

      (Newser) - Think Iowa Caucus folkways meets Silicon Valley tech savvy: A group of high-tech entrepreneurs are using online and offline social networking to evaluate, pick, and support their presidential candidate. The groups skip traditional intermediaries—namely, political parties—to meet directly with candidates, then use their widespread (and wealthy) social networks to organize on the candidate's behalf. More »

      Tags

      Election 2008  • social networking  • campaign fundraising  • Silicon Valley

  • March 2007

    • Techies Click With Obama

      Wall Street Journal  |  Mar 26, 07 12:40 PM CDT

      Techies Click With Obama

      (Newser) - Silicon Valley techies are forsaking  Hillary for Barack—and among the defectors are some of Bill's biggest fundraisers. Obama's is grabbing particular notice among the young and newly wealthy, with deep pockets and little political experience. "In the lexicon of high tech, Barack Obama is the next-generation solution," says one Obama fundraiser who once worked for President Clinton. More »

      Tags

      Barack Obama  • Election 2008  • California  • Democrats  • technology  • campaign fundraising  • politics  • Silicon Valley

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