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...Last week, the Big Fear gripped Silicon Valley big time. The always-optimistic entrepreneurs who thrive out here came down with a major case of the Pessimism Flu. The contagion was traced to a special meeting called by Sequoia Capital - the blue-chip venture firm - whose brains and money are behind just about any start-up of consequence. The message the VCs gave their young start-ups? Get profitable...

Author: /time Magazine | Title: MySpace to Businesses: Kiss MyAds | 10/13/2008 | See Source »

...mark, drivers may opt to keep their old cars, especially if the recession in the U.S. and Europe deepens and car loans get even harder to obtain. In debt and facing slumping sales, the auto industry is also competing against flush high-tech companies in Silicon Valley, which are also racing to perfect a lithion-ion car battery. What's more, the billions that the auto companies are spending in research could be squeezed during the recession, especially since it is difficult to estimate how many electric cars they will ultimately sell. "Everybody is wondering what the market will...

Author: /time Magazine | Title: Electric Cars at the Paris Auto Show | 10/6/2008 | See Source »

...shrinking. The aging workforces, sclerotic economies, and massive public debts of these countries are strongly related to their loss of population.Furthermore, highly educated immigrants bring technological prowess and entrepreneurship to the United States. Thousands of engineers and computer scientists arrive in America yearly to fuel high-tech businesses. Silicon Valley is filled with startups founded by immigrants, like Vinod Khosla’s Sun Microsystems and Sergey Brin’s Google. Astonishingly, Congress has actually reduced the number of special H1-B visas given to foreign workers, which allow American companies to import guest workers with highly specialized knowledge...

Author: By Anthony P. Dedousis | Title: The Bitter Taste of Bigotry | 9/16/2008 | See Source »

SU2C is not the only independent group shaking things up. The Multiple Myeloma Research Foundation used a pay-for-results funding model that has more to do with Silicon Valley than Big Pharma to support research that in four years got four new treatments to patients--Thalomid, Velcade, Revlimid and Doxil. That's about six years faster than the decade it usually takes for such drug development and rollout. Multiple myeloma is a rare cancer of the bone marrow that sickens about 20,000 Americans each year--precisely the uncommon form of the disease that often falls into the research...

Author: /time Magazine | Title: He Won His Battle With Cancer | 9/4/2008 | See Source »

...Using first grape juice and then wine as their test samples, Jonquera-Jiménez and her team attached a series of synthetic membranes to a silicon chip called a microsensor. Each membrane detects a different chemical component of the liquid - components that, when combined, mark the distinct characteristics of each grape varietal. So far, the device can distinguish among four: chardonnay, Aisén, malvasia and macabeu. It can also measure the difference between a 2005 vintage and a 2007. "It should even be able to identify, say, a chardonnay regardless of whether it was grown in France...

Author: /time Magazine | Title: E-Tongue Passes Wine Taste Test | 8/12/2008 | See Source »

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