- "We're lucky to be in Silicon Valley. This is Florence, 1550. It's the center of the center." http://bit.ly/1eBj4vk
- Bay Area healthcare leaders, mayors and at least two congresspeople gathered in East Palo Alto this morning to break ground on an expansion to Ravenswood Family Health Center, a 38,000-square-feet, two-story health center situated on 3.15 acres in East Palo Alto.
But the event wouldn't be possible without the help of someone from a very different sphere than the political and healthcare leaders present at the event — Facebook CEO Mark Zuckerberg. http://bit.ly/1eTuitP - LikesSee All
- Sprinkles Cupcakes Palo AltoBakery · Cupcake Shop · Dessert Restaurant
- Manos AcceleratorComputers/Technology
- Gordon Biersch - Palo AltoRestaurant
- VA Palo Alto Health Care SystemGovernment Organization · Hospital
- Carnegie Mellon Silicon ValleyCollege & University
Silicon Valley Business Journal shared a link.
Netflix stock soared Wednesday after it posted a strong earnings report and issued a warning to broadband providers not to push too hard on net neutrality. http://bit.ly/1bj5tFc
"Were this draconian scenario to unfold with some ISP, we would vigorously protest and encourage our members to demand the open Internet they are paying their ISP to deliver."Silicon Valley Business Journal shared a link.
Cornish & Carey forecast: Silicon Valley's commercial real estate market will continue to reap the benefits of a strong technology ecosystem in 2014, including a healthy IPO pipeline and the growth of sectors such as network and software security.- Carl Icahn strikes again.
Billionaire investor and shareholder gadfly Carl Icahn announced a bold plan for another Silicon Valley company: eBay Inc. Icahn wants the e-commerce pioneer to spin out PayPal as a separate company, and he's reportedly making moves to see that it happens. http://bit.ly/1cWzASJ - Apple Campus 2 is such a big job, the city of Cupertino will require an outside firm to handle the building inspection. (And that outside firm will pick up almost $10 million for the job.) http://bit.ly/1aM8fTm
- Zepp CEO Jason Fass has raised $15 million to help expand his Los Gatos sports data startup. The sensor in his hand can be attached to bats, rackets and golf gloves to analyze player swings. http://bit.ly/1fcmPXb
Silicon Valley Business Journal shared a link.
In the latest sign that mobile security is a hot sector, VMware has agreed to pay $1.54 billion to buy Atlanta-based AirWatch.- "We look for the entrepreneurs who are building services-led businesses that can leverage good, good economics with the leverage of India. Our view is that the technology industry in general is in the midst of a big change to services-led versus product-led businesses." http://bit.ly/1kUxlJM
- Jobs in the high-tech sector can be stressful, requiring serious multitasking and taxing one’s ability to focus. But 1,500 Intel employees have looked within and taken to meditation and mindfulness training to combat stress and increase focus. http://bit.ly/1hfW5X6
Is meditation a perk your company offers? Would you want something along these lines offered?
- Commercial real estate executives weighed in on the sale of Santa Clara-based Cornish & Carey Commercial on Tuesday, saying that the sale is another sign of how important the Bay Area has become on the global real estate scene. But they doubt the sale will fundamentally change the Silicon Valley landscape, at least in the short term.
More from Jones Lang LaSalle's Andy Poppink, Ritchie Commercial's Mark Ritchie, Cresa San Jose's Mike Michaels and more of Silicon Valley's CRE heavy hitters: http://bit.ly/1dtEpTB - Looks like Andreessen Horowitz isn't the only venture fund getting close to announcing a big new fund.
New funds coming from Accel Partners, Sequoia Capital and True Ventures: http://bit.ly/1bT3viZ
- San Francisco approves tech-bus pilot program for Google, Apple, but long-term solutions are few. http://bit.ly/1ilf8TK
- Neil Struthers, who has headed up Silicon Valley's powerful construction labor union for 12 years, is leaving the organization at the end of the month. http://bit.ly/1cRrQS6
"It's all good, there's not a scandal, there's not a political undercurrent," Struthers said. "It's just the right move at the right time." - Just in: San Francisco 49ers President Gideon Yu steps down, COO Paraag Marathe replaces him: http://bit.ly/1mpQm29
- BREAKING: Gideon Yu stepping down as 49ers' President. Story to come.
- A good VC makes great predictions-- so how close did we get in 2013? Join us at our next Quarterly Venture Breakfast to find out! Learn more and sign up here: http://bit.ly/KDHB8m
Featured speakers:
Sean Jacobsohn of Emergence Capital Partners
Wendy Lung of IBM
Cromwell Schubarth of Silicon Valley Business Journal
Dr. Ronald Weissman of Band of Angels
Allison Leopold Tilley of Pillsbury Winthrop Shaw Pittman LLP
- Y Combinator announced that it will hold its first-ever female founders conference, co-founder Jessica Livingston wrote in a blog post today. http://bit.ly/KDqZgW
- Apple built a slice of the its new `Spaceship' campus - Apple Campus 2 – in order to test out construction techniques. We've got an exclusive picture: http://bit.ly/1dMLe8T
- Cornish & Carey, the Silicon Valley real estate powerhouse, is selling to a New York-based brokerage: http://bit.ly/1f3zTQr
- The largest private construction project ever undertaken in Silicon Valley is unfolding behind a towering, bright green fence in Cupertino: the Apple Campus 2 | http://bizj.us/u4tz3
- In case you avoided downtown San Jose this weekend, here's what you missed: http://bit.ly/1mbASyw — with Justin Fogarty and Joe Marteusz.
- Just when a new job seems within reach, the applicant's ultimate fear is realized: A super bizarre, pseudo-psychological interview question comes out of left field.
In Silicon Valley, where tech companies in particular are known as hard-to-predict interviewers, odd questions are part of the drill. http://bit.ly/1kHnh6C - Despite San Francisco 49ers fans being banned from purchasing tickets to the game (http://bit.ly/1fsAldQ), the Niners and Seattle Seahawks face-off today on the football field. Here's how their business communities stack up: http://bit.ly/1i7bYTx (4 photos)
- The Apple Campus 2 is perhaps the company’s most highly anticipated product since the iPad, thanks to the ring-shaped main building’s spectacular (and some would say, extraterrestrial) design.
“The latest tidbit I’d heard is the new 49ers stadium would fit in the middle of the circle,” said Orrin Mahoney, a Cupertino City Councilman who worked on the site back when it was a Hewlett-Packard campus. http://bizj.us/u4tz3 - We talked to several top venture capitalists this week. One said that he sees volatility but no bubble (http://bit.ly/1d0JqWW) and another who said that the bubble would burst in the next three years (http://bit.ly/1eDFQRZ).
Aileen Lee of Cowboy Ventures noted that "there is pretty much no diversity" among the billion-dollar valued companies leading the bubble debate to begin with: http://bit.ly/JVpivr
- Our conversation with San Jose Earthquakes' President Dave Kaval during which he talks about luring Silicon Valley technology companies as sponsors and attracted a young audience to the "sport of the future:" http://bit.ly/19AnLGR
- A failed merger with Ascension Health and a changing market for healthcare providers contributed to the Daughters of Charity Health System's decision to look for a buyer for its six hospitals (http://bit.ly/L49Iyr). We analyze who might be interested in purchasing the assets: http://bit.ly/1dzHlnF
- One of our most popular stories of the week: After 60 years of ignoring the affluent Bay Area market, Dunkin' Donuts is headed our way and hopes to open 80 locations in the next 5-6 years. http://bit.ly/1lX07at
- Google has developed a smart contact lens aimed at enabling diabetes patients to measure glucose levels more easily. http://bit.ly/1awv5By
The company's secretive X Lab is developing the lens which uses a wireless chip and a tiny glucose sensor planted between two layers of material designed for soft contact lenses to measure glucose levels in tears. - Sky-high housing prices in Silicon Valley affect almost everyone — from companies searching for workers to people shopping for housing. The term ‘affordable housing’ means that housing costs less than 30 percent of annual income. Does your current Silicon Valley residence cut farther into your paycheck?
Leave your comments below or reach out to reporter Lauren Hepler for a future story at lhepler@bizjournals.com or on Twitter @SVBizLauren. - "If you were a pizza deliveryman, how would you benefit from scissors?" or "If you were a box of cereal, what would you be and why?" http://bit.ly/1kHnh6C
What's the strangest thing you've been asked in a job interview? Data courtesy of Glassdoor. - Before any construction can start on the Apple Campus 2, contractors have to tear down a huge collection of office and R&D buildings - 2.6 million square feet worth, to be exact. http://bit.ly/1eXiozA (6 photos)
- A California woman beat a ticket given to her for driving while wearing Google Glass because the officer couldn't prove she was using the device. http://bit.ly/1b8odqY
Silicon Valley Business Journal changed their cover photo.
The largest private construction project ever undertaken in Silicon Valley is unfolding behind a towering, bright green fence in Cupertino: Apple Campus 2 | http://bizj.us/u4tz3
- The largest private construction project ever undertaken in Silicon Valley is unfolding behind a towering, bright green fence in Cupertino: Apple Campus 2 | http://bizj.us/u4tz3
- The Bay Area and California wine business is booming, say two industry reports this week, but the impacts will likely vary for winery owners and wine drinkers — and darker times could be on the horizon. http://bit.ly/1hvPloV
Photos: Bloomberg
- Have you gotten your ticket to next week's Book of Lists Gala yet? Act fast, they're going quick! http://bit.ly/H7frAY
You'll have a chance to win:
*Two roundtrip tickets to Dubai
*A Nexus 7 tablet
*Two tickets to see the Sharks play the Montreal Canadians
*$100 gift card for The Grill on the Alley - The story of NEA and Cloudflare: From a pile of sandwiches to a $1 billion valuation | http://bit.ly/1i2q88j
- Eighteen months after acquiring a 40-acre development site in South San Jose, Lennar Corp. is coming out of the ground with its first models and anticipates opening its sales office within weeks. http://bit.ly/1i2expG
- As Daughters of Charity Health System seeks buyers for its six hospitals, its most enticing asset may be the foundation and the 230 doctors it employs. More problematic? Finding a health organization to buy the buildings. http://bit.ly/1dzHlnF
- A new survey of 163 San Jose restaurants completed by a nonprofit with links to business groups found that the city's 2013 minimum wage increase caused some local employers to cut staff or even close locations. http://bit.ly/1dbnNjh
- Adobe is getting into 3-D printing with the new Photoshop update-- here's how it works: http://bit.ly/LbaQ2R
Photos: Adobe
- The city of San Jose has some land it wants to sell you (thanks to the state of California making them do it). http://bit.ly/1hvnFjV
- San Francisco 49ers have added 10,000 parking spaces to their new Santa Clara stadium site giving them enough to facilitate weeknight football games.
Monday nights, specifically. http://bit.ly/1dRgIFu - "On a trailing basis, the last two years have been positive. If this next year turns out to be positive it leads to a higher chance that we are at a bubble point. So I don’t know if it’s this year. I don’t know about next year. But in the next three years we will definitely hit a bubble point, for sure." http://bit.ly/1eDFQRZ
- A Sunnyvale and Paris-based startup launched a Kickstarter campaign Wednesday for a Google Glass alternative aimed at people who worry about the creep-factor of wearing an eye-level, always-on camera. http://bit.ly/1hrQRrZ
"We want to eliminate any chance of ‘glassholes’ recording people without their knowledge." - The unsettling reasons 1.1 million Nest users need to re-read their privacy policy: http://bit.ly/1iWT8Me
- Yahoo COO Henrique De Castro is leaving the company effective tomorrow, according to a tersely-worded filing with the SEC today. http://bit.ly/1b4gxGi
According to the statement, De Castro will receive all the severance and equity award benefits detailed in his contract, which works out to quite a pretty penny — his contract at the time was for between $50 million and $60 million, and the stock price has nearly doubled since his options grant. That means he may pocket between $18 and $36 million in options alone depending on how the remainder of his grant vests. - Two new hotels are headed for the old Piercey Toyota lot on San Jose's North First Street, not far from San Jose Mineta International Airport. http://bit.ly/1a88uxA
- Here's some good news for renters: Apartment rents in San Jose and the surrounding area barely budged in the fourth quarter, as new apartments coming to market continued to depress occupancy rates. http://bit.ly/1m7dVPI
- The San Francisco 49ers have secured 10,000 new parking spaces near the team's new $1.3 billion Levi's Stadium in Santa Clara, part of an effort to avoid major traffic problems on game days. http://bit.ly/1dRgIFu
Tailgaters rejoice. - Tesla CEO Elon Musk and executives from Nissan and Volkswagen were the target of harsh comments from a top Toyota executive on Tuesday regarding the future of green car technologies and hydrogen fuel cells. http://bit.ly/1iVVmvq
Photos: Bloomberg (4 photos)
- Greylock Partners' David Sze, whose firm raised $1 billion to invest last year, says he isn't worried about a tech valuation bubble but thinks one is certain to pop in the next three years. http://bit.ly/1eDFQRZ
"For us, whether the market is skewed from a bubble perspective or not really is mitigated by staying focused on what we do best."
