tagged w/ Silicon Valley
If you thought they like their marijuana dispensaries in Boulder, Colo., Humboldt County and Washington State, wait until you hear about the techies in Silicon Valley: they can't get enough of the green stuff.
It turns out that San Jose, the big city encompassed by the Valley and long known for tech innovation, has become the "medical marijuana capital of the Bay Area."
According to Bloomberg Businessweek, San Jose houses 106 pot clinics, with four being "delivery-only."
This number is four times greater than the quantity of dispensaries in the neighboring community of San Francisco.
http://www.itechpost.com/articles/6011/20130304/silicon-valley-palliative-health-center-medical-marijuana-pot-dispensaries-cisco-adobe-google-ebay.htmIf you thought they like their marijuana dispensaries in Boulder, Colo., Humboldt... more
MEN invented the Internet. And not just any men. Men with pocket protectors. Men who idolized Mr. Spock and cried when Steve Jobs died. Nerds. Geeks. Give them their due. Without men, we would never know what our friends were doing five minutes ago.
But are these men trapped in the past even as they create the future?
That’s the debate that has sprung up here since Ellen Pao, a junior partner in her early 40s at the distinguished venture capital firm of Kleiner Perkins Caufield & Byers, filed a sexual discrimination lawsuit against the company and her colleagues there.
Full Story: http://www.nytimes.com/2012/06/03/technology/lawsuit-against-kleiner-perkins-is-shaking-silicon-valley.html?_r=4&pagewanted=1&seid=auto&smid=tw-nytimesMEN invented the Internet. And not just any men. Men with pocket protectors. Men who... more
In the race for the Republican presidential nomination, only one candidate remains to challenge presumptive nominee Mitt Romney: Texas Rep. Ron Paul.
Even Paul has said he will no longer campaign in states that have yet to hold their primaries. And Paul has always been considered a long shot to win. But that hasn't deterred many of his hard-core supporters, including the Silicon Valley billionaire who has bankrolled the superPAC backing Paul.
Peter Thiel is a venture capitalist, entrepreneur and co-founder of PayPal. He hit the jackpot again when he gave Mark Zuckerberg the money to launch Facebook.
Thiel's half-million dollar Facebook investment is now worth more than $1 billion. His success and his smarts have made him a virtual rock star in Silicon Valley.
Full Story: http://www.npr.org/2012/05/19/153002892/with-eye-on-future-billionaire-investor-bets-on-paulIn the race for the Republican presidential nomination, only one candidate remains to... more
Take top thinkers from Silicon Valley and science, mix them with scientists, innovators and philanthro-capitalists, and you've got the Singularity University – on a mission to seek technological solutions to the world's great challenges.
More at link
http://www.guardian.co.uk/technology/2012/apr/29/singularity-university-technology-future-thinkersTake top thinkers from Silicon Valley and science, mix them with scientists,... more
The move away from traditional VCs to Angels features strongly in talk about startup investment. So this seemingly contrary view from the very heart of Silicon Valley is intriguingThe move away from traditional VCs to Angels features strongly in talk about startup... more
“What do you want to do here?” Get a job. “Sorry, but you’ll need to go straight back home right now, next please. So, what do you want to do here?” Start a business, employ people “Great! please sit over there with the others” - Some great videos on the original article.“What do you want to do here?” Get a job. “Sorry, but you’ll... more
The talk around cappuccino makers across Sillycon Valley this week has been all about the firing of Yahoo CEO, Carol Bartz. Bartz' feathers were ruffled because Yahoo canned her over the phone. This is the kind of shabby treatment the privileged find ever so insulting.The talk around cappuccino makers across Sillycon Valley this week has been all about... more
Aaron Levie, a 26-year-old CEO, is much more excited about business software than consumer products such as social networking services.
Box.net was founded in 2005 as a college business project by Aaron Levie (CEO) and Dylan Smith (CFO). It was incorporated in April of that year. Originally based in Mercer Island, Washington, Box.net moved to Palo Alto, California, in the summer of 2006.
Read the complete post here-
http://themeganerd.blogspot.com/2011/09/new-millionaire-in-silicon-valley.htmlAaron Levie, a 26-year-old CEO, is much more excited about business software than... more
Reid Hoffman is middle-aged, portly and nice – and the atypical billionaire is soon to be one of the richest men in Silicon ValleyReid Hoffman is middle-aged, portly and nice – and the atypical billionaire is... more
Say you just moved to Silicon Valley, and you’re looking for a new job in the tech industry. What Silicon Valley CEO should you work for?
Cubeduel, a side project of Urbanspoon co-founder Adam Doppelt and RescueTime co-founder Tony Wright, says it has the answer. Cubeduel connects to a user’s LinkedIn account and then asks him or her to choose between two colleagues, business partners or coworkers based on who they would rather work with.Say you just moved to Silicon Valley, and you’re looking for a new job in the... more
Schmidt to step down as Google CEO
By David Goldman, staff writer
January 20, 2011: 6:02 PM ET
NEW YORK (CNNMoney) -- Eric Schmidt will step down from his role as Google's CEO in April and be replaced by co-founder Larry Page.
Schmidt, who joined Google in 2001 to become its chief executive, will stay on as executive chairman after he leaves his CEO role on April 4. According to the company, he will focus on deals, partnerships, customers and broader business relationships, government outreach and technology thought leadership. He will also continue to act as an advisor to co-founders Larry Page and Sergey Brin.
"We've been talking about how best to simplify our management structure and speed up decision making for a long time," Schmidt said in a prepared statement. "By clarifying our individual roles we'll create clearer responsibility and accountability at the top of the company."
His Twitter comment on the shuffle was less formal: "Day-to-day adult supervision no longer needed!," he wrote.
On a conference call with analysts, Schmidt said he's excited about the change, because the more strategic role will give him "a chance to work on the things I'm most interested in." He expects it to be "a significant improvement in the things that I can do in my time."
The surprise move shocked the tech industry. Schmidt, Page and Brin have long run Google as a trio, an approach they spelled out in an "owner's manual" included in the company's 2004 IPO filing.
"We run Google as a triumvirate," Page and Brin wrote. "The three of us run the company collaboratively with Sergey and me as presidents. The structure is unconventional, but we have worked successfully in this way."
Schmidt said he doesn't anticipate any material change in strategy. "We tend to agree on everything," he noted.
But he said he believes the new management structure will speed up decision making at the company. Google has lost some of its top minds in the past several months, and a common complaint is that good ideas require too many steps to get approved.
Page, Google's founding CEO, served as chief executive from 1998 to 2001. He will once again take charge of the company's day-to-day operations, and he will also be in charge of Google's product development and technology strategy. Brin, Google's other co-founder, will continue to work on Google's new projects, but will no longer serve as a company president.
About Schmidt's tenure, Page said Google's results over the past decade "speak for themselves."
Schmidt returned the compliment, saying Thursday that Page is "ready to lead."
Another strong quarter
Also Thursday, Google reported a quarterly profit and sales that rose from year-ago results and beat Wall Street's forecasts.
The world's online search leader said its net income in the fourth quarter rose to $2.5 billion, up 29% from a year earlier.
Results included one-time charges of 94 cents per share. Without the charges, Google said it earned $8.75 per share. Analysts polled by Thomson Reuters, who typically exclude one-time items from their estimates, forecasted earnings of $8.10 per share.
Profit rose as both the number of clicks on Google's ads and the amount that advertising partners pay per click increased by a healthy margin: Paid clicks rose 18% and cost per click grew 5% over last year.
Sales for the Mountain View, Calif., company rose 26% to $8.4 billion. Excluding advertising sales that Google shares with partners, a figure also known as traffic acquisition costs, the company reported revenue of $6.3 billion, which topped analysts' forecasts of $6.1 billion.
Google noted that new products like mobile and display advertising continue to perform very well. YouTube's revenue more than doubled in 2010.
"Our strong performance has been driven by a rapidly growing digital economy ... and by the extraordinary momentum of our newer businesses, such as display and mobile," Schmidt said about Google's quarter. "These results give us the optimism and confidence to invest heavily in future growth."
With that rosy outlook, Google added more than 1,000 employees to its staff during the quarter and now employs 24,400 people.
Shares of Google (GOOG, Fortune 500) rose 2% after hours.
http://money.cnn.com/2011/01/20/technology/google_earnings/index.htm?hpt=T1Schmidt to step down as Google CEO By David Goldman, staff writer January 20,... more
After the news that Star Wars-style 3D holograms might soon be reality, it was going to take something big to cheer the nation up even more. And, frankly, David Cameron was the last person likely to be the bearer of such esteemed good tidings. But credit where it's due; the man with the smoothest complexion in politics announced some great news today.
Tech giants Facebook and Google will invest in the East End of London to help kickstart the development of Britain's own Silicon Valley rival, the PM announced earlier.
He told gathered press that he wants to encourage the sort of creative innovation that exists in America:
"We’re not just going to back the big businesses of today, we’re going to back the big businesses of tomorrow. We are firmly on the side of the high-growth, highly innovative companies of the future. Don’t doubt our ambition.
"Right now, Silicon Valley is the leading place in the world for high-tech growth and innovation. But there’s no reason why it has to be so predominant. Our ambition is to bring together the creativity and energy of Shoreditch and the incredible possibilities of the Olympic Park to help make East London one of the world’s great technology centres. I want to show you how we can get there.
"For the past few weeks and months, we have had dozens of meetings with technology companies and venture capital investors from across the world. We said to them: 'Here’s our vision for East London tech city – a hub that stretches from Shoreditch and Old Street to the Olympic Park. This is what local businesses are saying they need. What part can you play in making it happen?' I have to say: the response has been overwhelming."
In the last three years, there's been a 700% growth in tech companies starting up in East London; a huge figure but realistically one that highlights how it's early days for the area. The claim that London will rival Silicon Valley is an ambitious and slightly unrealistic one but nevertheless it's hugely exciting.
For a full transcript of the speech, head over to Wired's website. After the news that Star Wars-style 3D holograms might soon be reality, it was going... more
Facebook VP and early employee Christopher Cox believes and he’s got some words for those who think Facebook and social networking are a waste of time and overvalued.
link: http://www.wired.com/epicenter/2010/10/facebook-matters/Facebook VP and early employee Christopher Cox believes and he’s got some words... more
Hasta en la industria tecnologica discriminan a los mayores de 25.
Why would any company hire a computer programmer with the wrong skills for a salary of $150,000, when it can hire a fresh graduate—with no skills—for around $60,000? Even if it spends a month training the younger worker, the company is still far ahead.
http://techcrunch.com/2010/08/28/silicon-valley%e2%80%99s-dark-secret-it%e2%80%99s-all-about-age/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+Techcrunch+%28TechCrunch%29Hasta en la industria tecnologica discriminan a los mayores de 25. Why would any... more
USA deberia aprender de Chile.
Fifty-two percent of Silicon Valley’s startups from 1995 to 2005 were founded by foreign-born workers. And in 2006, 26% of America’s global patents—including 40% of those filed by the U.S. government, 72% of Qualcomm’s, 65% of Merck & Co.’s, and 64% of General Electric’s—were invented wholly or partly by foreign nationals residing in the U.S.
http://techcrunch.com/2010/08/21/chop-shop-workers-and-bootstrappers-chile-really-wants-you/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+Techcrunch+%28TechCrunch%29USA deberia aprender de Chile. Fifty-two percent of Silicon Valley’s startups... more
California’s high-tech giants have long used renewable energy to help power their Silicon Valley headquarters. Now, companies such as Google, Adobe Systems, and eBay are preparing for the next step — investing in off-site solar and wind installations and innovative technologies that will supply their offices and data centers with green electricity.
From the street, Adobe Systems’ San Jose headquarters looks like any other collection of skyscrapers that dot the downtown of the self-proclaimed capital of Silicon Valley.
But ascend to a skyway that connects two of the software company’s towers and you’ll find a wind farm. Twenty vertical turbines that resemble a modern art installation slowly rotate in the breeze that blows through a six-floor plaza. Down in the parking garage, a dozen electric car-charging stations have been set up. Adobe, which makes the ubiquitous Flash player software, will install 18 more chargers this year to accommodate workers expected to be first in line when the Nissan Leaf, Chevrolet Volt, and other battery-powered vehicles roll into Silicon Valley showrooms later this year.
Adobe also plans to install fuel cells — possibly using carbon neutral biogas made from cow manure — to generate the three megawatts of electricity consumed by its downtown data centers. And since the company has limited roof space to install solar panels, it is considering joining a co-op that would purchase land outside the city for a solar farm, according to Randy Knox, senior director for global workplace solutions for Adobe.
“Once you’ve got your buildings running pretty energy efficient, you start to look at the source of your energy, and that’s where we are now,” says Knox, as the wind turbines slowly spin in the winter wind, generating about 24 kilowatts of electricity. “We’re a technology company and people have to step up and be early adopters in the green area or it won’t go anywhere.”
Silicon Valley companies have long gone green — racking up LEED points by installing everything from solar arrays to waterless urinals to demonstrate their environmental street cred to customers, shareholders, and their young, climate-change-aware workforces.
more at link...California’s high-tech giants have long used renewable energy to help power... more
Hosts Max Lugavere and Jason Silva explore the culture and events of the Middle East that usually are seen only by locals and the most adventurous travelers. Part 6 takes a look at the high tech industry in Tel Aviv, also known as the other Silicon Valley.Hosts Max Lugavere and Jason Silva explore the culture and events of the Middle East... more
GDS International is now a global media force, growing 150% in four years and achieving double figure growth in 2009. The media company is composed of four main divisions: digital and hardcopy publishing; C-level global business summits; innovative educational professional conferences; and a digital arm that contains social media and viral marketing, as well as an internet television channel revered by senior executives the world over. GDS grasped opportunities during the global recession and now boasts offices in New York’s Trump Building on 40 Wall Street, Sydney, Cardiff, Kuala Lumpur, and have still maintained its headquarters in the UK.
“The key has been to diversify and innovate,” says Harlan Davis, Vice President of Product for GDS International. “We have a young, vibrant, and highly skilled workforce that adapts exceptionally well in new business verticals and geographic markets. Our products shape the media landscape in many ways.” GDS boasts over 55 C-level summits each year, alongside its 16-year-old publishing business, that circulates over 50 titles world-wide. In 2009 GDS International diversified successfully into new media and digital initiatives, championing some of the fastest growing online industry news services, such as the world’s number one online executive broadcasting network MeetTheBoss TV.
Excited about the future release of MeetTheBoss TV Asia, the Malaysian Government approval committee awarded GDS International with the MSC status this week. GDS International was granted the prestigious Pioneer Status that has been granted for the maximum period of five years, with the opportunity to extend the status again in the future.
“GDS International is an exciting new company with innovative products and unique online offerings made them a perfect candidate for MSC Malaysia status. We are thrilled GDS have chosen Malaysia as their Asian headquarters and we welcome our new partnership” – Datuk Badlisham Ghazali, CEO of Multimedia Development Corporation, the government implementation agency to drive the MSC Malaysia vision
MSC Malaysia is the primary gateway to Asia's booming information and communications technology (ICT) markets. Modeled after the Silicon Valley, it gives successful companies first-world knowledge and infrastructure to the region.
“It’s a fantastic time for the company” says Damien Munro, Vice President, Asia, GDS International. “We have played to our strengths throughout the recession and have done the unthinkable, and we look forward to meeting the challenges of Asian businesses. We also thank the MSC for their overwhelming support”.
GDS International plans on hitting all business media channels, in each industry throughout Asia, the same way they have in the US, EU, MENA, and Latin America, while changing the landscape with both traditional media, and its innovative and ever-evolving digital arm.GDS International is now a global media force, growing 150% in four years and... more