Word: siliconized
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...share, but it has since axed from payroll 17,500 employees, including its ousted American CEO, Patricia Russo, in what has turned into a restructuring and cultural nightmare. "There are no bronze medals in the telecom-equipment market," says analyst Duncan Stewart of Toronto-based DSAM Consulting. He says Silicon Valley's Cisco Systems and Sweden's Ericsson have the biggest market share, fattest margins and most cash to see them through this downturn...
Silver Spring is by far the smallest player in the Energy Smart Miami initiative, but its contributions are key. The Silicon Valley startup will supply the software that will make the smart grid smart, using the open technology platform Internet Protocol to send data through the system. Although using an open platform has made some experts concerned about the security of a smart grid, Lang points out that his company's software will make it easier to adapt the grid to new technologies - smart appliances, plug-in cars - that might arise down the road. "This is going...
...founded Oracle Corp., whose relational database software makes it the 137th largest company in the world. Ellison, who likes to pilot old fighter jets and lives in a faux Japanese-style mansion, is one of the richest men in the world and another of the great, big personalities of Silicon Valley. Just like his old buddy, Steven P. Jobs. So it was at once surprising - and not - when the news broke this morning that Oracle intends to purchase Sun Microsystems, for around $7.4 billion...
Noodleconomics The term ramen profitable was coined by Paul Graham, a Silicon Valley start-up investor, essayist and muse to LILO entrepreneurs. It means that your start-up is self-sustaining and can eke out enough profit to keep you alive on instant noodles while your business gains traction...
...Sophie Ramayat, an 18-year-old in Silicon Valley, joined the NYU 2013 group as well as groups for three other schools she was accepted into - the University of Richmond, the University of Washington and American University - and has been browsing the discussion boards on them to get a preview of life on the different campuses. "You can kind of tell what the students are like," she says. "I noticed that everyone at the University of Richmond is white." (See how to get off college waiting lists...