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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: Silicon Valley

Silicon Valley stories: 69 news summaries

41 - 60 of 69 Stories | << Prev 1 2 3 4 Next >>

Economic Worries Propel Silicon Valley Deals

Oracle and Sun Microsystems may be only tip of the iceberg

(Newser) - Recent acquisitions by Sun Microsystems and Oracle could be the opening round of new Silicon Valley deal-making, the Wall Street Journal reports, as tech companies worried about a US economic slowdown seek to strengthen their positions. Smaller companies struggling to stay afloat are tempting targets; bigger fish also want to... More »

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Silicon Valley mergers and acquisitions IBM Sun Microsystems Oracle acquisition BEA Systems MySQL

Oracle Wins BEA With Sweetened $8.5B Bid

Deal for business software maker closes after Ellison bumps price

(Newser) - Business software maker Oracle continued its yearlong buying spree, closing a contentious deal with middleware maker BEA Systems after raising its offer to $8.5 billion, or $19.38 a share, Bloomberg reports. In October, Oracle offered BEA $6.7 billion, or $17 per share, and was rejected. Instead BEA,... More »

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Silicon Valley Larry Ellison Oracle software acquisition Nasdaq BEA Systems middleware

Oracle Blasts Forecasts With 35% Profit

Software maker rides spending spree
to another big quarter

(Newser) - Database software-maker Oracle surprised analysts today, reporting its income surged 35 percent in the second quarter to $1.3 billion, thanks to the success of new programs and customer-support contracts. Experts had expected sales of approximately $5.03 billion, Bloomberg reports, but the company boasted sales of $5.36 billion—... More »

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Silicon Valley Larry Ellison Oracle software database tech stocks

In 'Smartphone Valley,' Telecom Boom Calls

Computing birthplace draws new industry to Californian shores

(Newser) - Silicon Valley is being reborn as a telecom hub, as phone companies jockey for computing technology and battle to compete with Apple and Google. Nokia, which opened a major research center in Palo Alto last year, has named its first Golden State-based technology chief. It's one of several firms rushing... More »

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Google Silicon Valley Apple Nokia Ericsson

Being a Tech CEO Means Having to Say You're Sorry

Apologizing seen as key skill in Silicon Valley

(Newser) - Saying "sorry" has become a necessary skill for tech execs, Forbes reports—from AMD's CEO, who apologized yesterday for delaying its latest chip launch, to Facebook's founder, who begged forgiveness after an advertising program violated users' privacy. The frequency of technology leaders' public contrition testifies to the power of... More »

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Yahoo Silicon Valley CEO Facebook Apple public relations AMD Internet advertising corporate leadership

OPINION

Yahoo VPs Dropping
Like Flies

And that's a good thing, argues Kara Swisher on All Things Digital

(Newser) - "This slimming down is a good idea, given Yahoo’s VP obesity," writes Kara Swisher in All Things Digital. She says it's not clear who's behind the departures of numerous execs from the notoriously top-heavy company, nor who jumped and who was pushed out. But a source called... More »

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Yahoo Internet Silicon Valley Jerry Yang management

Green Tech Boosts Heartland

Advances no longer limited to America's coastal cities

(Newser) - Green-tech venture capital is still concentrated in coastal urban centers, but middle America is catching up. Silicon Valley, Massachusetts, and Washington state are among the top five hotspots, but so is Texas and the nation's agricultural heartland, reports CNET, which tracked the money fueling startups and university research. More »

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Silicon Valley ethanol MIT biodiesel venture capital green technology heartland

Valley Tech Giants Ditch Cubicles for Open Space

Some people miss them... for a little while

(Newser) - Silicon Valley giants like Intel, Cisco, and Sun, are experimenting with ditching cubicles to improve productivity. Execs at the companies say that the typical office gray maze isn't ideal anymore for the modern, connected workplace. "Collaboration has been shown to spark innovation and speed product to market," says... More »

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Inventor Takes On Spam, Fatal Blood Cancer

Spam comes first, says Steven Kirsch of his short life expectancy

(Newser) - Silicon Valley entrepreneur Steven T. Kirsch will save his own life right after he’s done eliminating spam email, he says. Kirsch has a rare form of blood cancer with a 5-7 year life expectancy, but he says, “I just look at it as a problem…you have four... More »

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cancer Silicon Valley email spam Steven Kirsch

Chip Maker AMD Gets
Emirate Cash

Abu Dhabi buys 8.1% stake in Intel rival for $622 million

(Newser) - The government of Abu Dhabi, through its investment arm, bought an 8.1% stake in Advanced Micro Devices for $622 million. It will receive 49 million newly-issued AMD shares, but won't get any board representation. The computer chip maker desperately needs the cash after a $396 million loss during the... More »

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Silicon Valley Intel finance Abu Dhabi computer chip Advanced Micro Devices microprocessors

 Inside the 'PayPal Mafia'

Company's first generation behind $30 billion of cutting edge companies

(Newser) - They may be the most brilliantly successful—or luckiest—or both—small group of entrepreneurs in history: PayPal alumni who, like founders Peter Thiel and Max Levchin, left the company to create $30 billion worth of innovation: YouTube, Facebook, Slide, Yelp, Digg, investment firms, philanthropies, solar-power companies, an electric car... More »

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YouTube Silicon Valley eBay Facebook PayPal Peter Thiel Max Levchin Clarium Capital

'4-Hour Workweek' a Silicon Valley Siren Song

Marc Andreessen, others lured by call
to ignore influx of email and IMs

(Newser) - Tim Ferriss is an ex-kickboxer and tango champ, but he's ensnared the attention of some in Silicon Valley with a simple message: pull the plug. Techies like Netscape founder Marc Andreessen—ironically, an investor in attention-sapping chat service Twitter—have found solace in “The 4-Hour Workweek,” Ferriss’ tome... More »

Investor Avoids 'Web 2.0' to Avoid Bust?

VC firm Kleiner looking for 'more fundamental innovations'

(Newser) - Today's launch of Web 2.0 Expo Berlin notwithstanding, there are hints that "second-generation" Web companies are losing appeal in the venture capital community -- or at least with prestigious Silicon Valley firm Kleiner Perkins Caufield & Byers. Digital Daily cites a KPCB partner who recently told a... More »

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Internet Silicon Valley Web 2.0 venture capital Internet startups

Online Boom Won't Result in Dot-Com Bust

Heady '90s excesses are more isolated;
domino effect less likely

(Newser) - Today’s Silicon Valley upstarts are enjoying heady times, but without the excess and risk of their late-'90s counterparts, reports the Wall Street Journal. Sophisticated venture capitalists generally bear the risk involved in the next tech crash, and fewer and less volatile IPOs this time around mean small investors are... More »

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Silicon Valley tech companies tech stocks tech sector

CBS Mobile Pioneers Tiny TV Programs

Cell phone content marries Hollywood
and Silicon Valley

(Newser) - With such offerings as a twice-daily celeb gossip show and a 24-hour version of "Big Brother," CBS Mobile has taken a lead in the burgeoning made-for-mobile content business. The new field still has plenty of kinks to work out as companies navigate complicated deals between TV networks and... More »

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Hollywood CBS Silicon Valley cell phones Ikea smartphones

Will Costly Options Hurt Facebook?

High valuation from MS could slow recruiting in Silicon Valley

(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... More »

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Young Tycoons in Endless Pursuit of
Next Project

No rest for driven Silicon Valley moguls

(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... More »

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Silicon Valley wealth eBay tech companies millionaires PayPal

Dot-Com Bubble 2.0 Sparks Fears of Another Bust

Exuberant bidding for startups boosts Silicon Valley bank accounts

(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’... More »

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Silicon Valley venture capital Internet startups

Silicon Valley Goes Green

Bay Area companies using billions in venture capital to develop alt-energy technologies

(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... More »

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Silicon Valley green technology

Silicon Valley Cars Get Their Own Condos

Pricey pads will double as clubs
for big-bucks collectors

(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... More »

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