The reports of layoffs at SiPort, a Santa Clara, Calif.-based company that prompted killing of three executives are wrong, according to a statement issued by the company. Last week Silicon Valley was shocked by the shooting of three SiPort executive by alleged killer, Jing Hua Wu who is currently under arrest by the Santa Clara Police Department. He was terminated individually and not as part of a general layoff. Read more »
The global economic downturn has started to take its toll on Silicon Valley, especially since the news of an emergency meeting Sequoia Capital held for its entrepreneurs, asking them to buckle up for the nausea-inducing ride that lay ahead of them. In the weeks that have […] Read more »
With costs for the latest technology rising, smaller startups and their venture backers have decided that in some cases, old-school technology may be the best way to make a product — and a buck. Instead of following in the footsteps of the top chipmakers such as Intel, AMD and Samsung, which are packing more onto smaller chips, startups are turning to process technology from up to 10 years ago. Read more »
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