Word: siliconing
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...state that once drew people from all over the world to create Silicon Valley, Hollywood and Berkeley's free-speech movement now sees too many of its best residents leave. To stop that, Newsom hopes to borrow a page from Barack Obama's presidential campaign. On the floor of the Democratic National Convention last summer, Newsom told TIME that he hoped to run in 2010 - but first he wanted to see if voters would embrace Obama's campaign focus on youth and generational change. "I think we've had an answer to that, back in November," Newsom said. "Youthfulness...
Whichever of the Democrats wins the primary, he or she will likely face tough competition from Schwarzenegger's Republican Party, within which two billionaires and a former Silicon Valley Congressman are already sizing one another up. Former Representative Tom Campbell and state insurance commissioner - and tech billionaire - Steve Poizner have each formed an exploratory committee and are expected to enter the race...
...it’s a very small percentage of [Facebook’s] valuation and therefore could be argued by Facebook to be a payment based on considerations other than the merits of the claims.” According to recent estimates by the Web site Silicon Alley Insider, Facebook, Inc. was valued at $4 billion. Harvard Law School Professor Phillip R. Malone ’81, the director of HLS’s Cyberlaw Clinic at the Berkman Center, said that the settlement was smaller than ConnectU may be entitled to should their claims be true. He said parties...
During resort stints in the Turks and Caicos Islands, chef Felix Sienatra cooked for the likes of Bruce Willis, the Kennedy clan and the moguls of Silicon Valley. But the 43-year-old has never been one for glitz and glamour, and now that he's back in his native Indonesia, he's probably happier than he has ever been. A large part of that comes from the chance to finally helm his own restaurant, the Wind Chime, tel: (62-22) 423 9963. Set in a gorgeous, 90-year-old Dutch colonial home in the backstreets of Bandung in West...
...These days, the DRAM business has entered into another destructive phase of the business cycle. Huge investments in new capacity in 2007 have created an oversupply of chips, while the global economic slowdown is drastically weakening demand for the slivers of silicon that go into computers, mobile phones, portable music players and a host of other consumer electronics products. The result has been plummeting prices. According to a price index compiled by research firm iSuppli, DRAM prices have plunged 48% in the past six months. That is good news for consumers - cheaper DRAMs mean electronics makers can pack more memory...