By Roland Li Updated 12:24 pm PST, Sunday, November 25, 2018 Demolition begins on the parking structure at Vallco Town Center in Cupertino on Oct. 11. The razing of the parking structure was a prelude to the eventual demolition of the aging and all-but-vacant shopping center that has prompted heated debate regarding redevelopment of the site. less Demolition begins on the parking structure at Vallco Town Center in Cupertino on Oct. 11. The razing of the parking structure was a prelude to the eventual demolition of the aging and all-but-vacant shopping ... more Photo: Cami Crawford Photo: Cami Crawford Image 1 of / 4 Caption Close Image 1 of 4 Demolition begins on the parking structure at Vallco Town Center in Cupertino on Oct. 11. The razing of the parking structure was a … [Read more...] about A dying mall near Apple’s headquarters is turning into a fight over Silicon Valley’s soul
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How a whiz kid allegedly hacked into Silicon Valley execs’ phones, stole $1 million
By Michelle Robertson, SFGATE Published 10:56 am PST, Wednesday, November 21, 2018 A 21-year-old Manhattan man was arrested after allegedly hacking into Silicon Valley executives' cell phones and attempting to steal their cryptocurrency, according to multiple reports. A 21-year-old Manhattan man was arrested after allegedly hacking into Silicon Valley executives' cell phones and attempting to steal their cryptocurrency, according to multiple reports. Photo: Chris Ratcliffe, Bloomberg Photo: Chris Ratcliffe, Bloomberg Image 1 of / 27 Caption Close Image 1 of 27 A 21-year-old Manhattan man was arrested after allegedly hacking into Silicon Valley executives' cell phones and attempting to steal their cryptocurrency, according to multiple reports. A 21-year-old … [Read more...] about How a whiz kid allegedly hacked into Silicon Valley execs’ phones, stole $1 million
Silicon Valley wages have dropped for all except highest-paying jobs: report
By Leonardo Castañeda | [email protected] | Bay Area News GroupPUBLISHED: November 18, 2018 at 7:00 am | UPDATED: November 19, 2018 at 6:49 am Nine out of every 10 Silicon Valley jobs pays less now than when Netflix first launched in 1997, despite one of the nation’s strongest economic booms and a historically low unemployment rate that outpaces the national average. While tech workers have thrived, employees in the middle of Silicon Valley’s income ladder have been hit hardest as their inflation-adjusted wages declined between 12 and 14 percent over the past 20 years, according to a study from UC Santa Cruz’s Everett Program for Technology and Social Change and the labor think tank Working Partnership USA, which examined the economic impact of technology companies. Technology workers saw a median wage increase of 32 percent over the past 20 years, the study found. But Silicon Valley workers in virtually all other areas lost ground … [Read more...] about Silicon Valley wages have dropped for all except highest-paying jobs: report
Facebook Fallout Ruptures Democrats’ Longtime Alliance With Silicon Valley
Sections SEARCH Skip to content Skip to site index Technology Subscribe Log In Log In Today’s Paper Technology | Facebook Fallout Ruptures Democrats’ Longtime Alliance With Silicon Valley Supported by ByNicholas Confessore and Matthew Rosenberg Nov. 17, 2018 The alliance between Democrats and Silicon Valley has buckled and bent this year amid revelations that platforms like Facebook and Twitter allowed hateful speech, Russian propaganda and conservative-leaning “fake news” to flourish. But those tensions burst into open warfare this past week after revelations that Facebook executives had withheld evidence of Russian activity on the platform for far longer than previously disclosed, while employing a Republican-linked opposition research firm to discredit critics and the billionaire George Soros, a major Democratic Party patron. Democrats now face a painful reckoning with longtime friends … [Read more...] about Facebook Fallout Ruptures Democrats’ Longtime Alliance With Silicon Valley
Letter: ‘Tech dividend’ reflects reality of Silicon Valley
By Letters To The Editor | November 16, 2018 at 7:21 am ‘Tech dividend’ reflects reality of Silicon Valley Re: “Innovative idea for state’s economy: a tech dividend” (Opinion section, Nov. 14): A “tech dividend” paid annually by Silicon Valley titans to shore up our state’s safety net sounds promising. Chris Benner explained that it would work like the oil industry dividends currently paid to Alaska residents. Seems fair: Our tax dollars support tech innovation. And our community would be healthier if teachers, police, firefighters, restaurant workers, gardeners, etc. could afford to live here. Young people may be better supported to attend college and work in the Valley, too. We really do need one another and the dividend would reflect that reality. Georgia PlattsSan Jose Submit your letter to the editor via this formLetters to the Editor Report an error Policies and Standards Contact Us … [Read more...] about Letter: ‘Tech dividend’ reflects reality of Silicon Valley