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San Jose Mercury News

Wholesale inflation soars in July

San Jose Mercury News |  August 19th, 2008 | Email this
Prices rose at the fastest pace in nearly three decades. While recent declines in oil and other commodity prices raised hopes inflation may have peaked, some economists worry about the widespread nature of the July price surge and caution it will take more time for that pressure to ease on [...]
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Online investors making money with "friends'

San Jose Mercury News |  August 19th, 2008 | Email this
Erin O'Brien and her friends are do-it-yourself investors. As part of an online community at the brokerage Zecco, they consult each other on terminology, tax law and investment philosophy. Having tagged each other as "friends," they can see each other's trades. Together, they're learning the ropes by watching and interacting [...]
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Bristol-Myers-Squibb to pay PDL BioPharma $30 million to co-develop and market PDL drug

San Jose Mercury News |  August 19th, 2008 | Email this
Forced recently to eliminate hundreds of jobs and sell more than half a billion dollars of its assets, PDL BioPharma of Redwood City on Tuesday announced a deal that potentially could earn the company more than $1 billion.[...]
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Facebook moving out of downtown Palo Alto

San Jose Mercury News |  August 19th, 2008 | Email this
Facebook says it has outgrown its warren of offices in downtown Palo Alto and will move into a bigger building at the Stanford Research Park early next year.[...]
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Apple and Google score high on customer satisfaction

San Jose Mercury News |  August 19th, 2008 | Email this
Apple and Google garnered exceptionally high scores in the latest national economic gauge of America's satisfaction with products and services.[...]
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Santa Cruz firm GraphOn claims Google is using its Web technology

San Jose Mercury News |  August 18th, 2008 | Email this
GraphOn, a small Santa Cruz software company, claims Google Inc. is illegally using patented web technology in its various divisions including YouTube, AdWords and Blogger sites.[...]
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New iPhone's connectivity bug a production glitch?

San Jose Mercury News |  August 18th, 2008 | Email this
Spotty wireless broadband connectivity for some of Apple's new iPhones most likely results from a hardware problem introduced during mass production, a Swedish technical magazine reported last week.[...]
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Kenneth Harney: Fannie, Freddie raising most fees for mortgage borrowers

San Jose Mercury News |  August 16th, 2008 | Email this
The two biggest sources of mortgages for American home buyers plan to raise their base fees to counter what they see as continuing "adverse conditions'' in the real estate marketplace. At the same time, however, Fannie Mae and Freddie Mac -- which currently fund more than three-quarters of all new [...]
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Cadence withdraws its bid to buy Mentor Graphics

San Jose Mercury News |  August 15th, 2008 | Email this
Blaming a difficult financial environment, Cadence Design Systems on Friday withdrew its $1.6 billion offer to buy Mentor Graphics, a leading rival in making software to produce computer chips.[...]
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Microsoft file format approved as international standard

San Jose Mercury News |  August 15th, 2008 | Email this
GENEVA — The format used by Microsoft's Office 2007 programs to save documents will become an international standard after appeals against the move failed to gather sufficient support, the International Organization for Standardization said today.[...]
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EBay and Amazon

San Jose Mercury News |  August 15th, 2008 | Email this
EBay's Visits Fall, Amazon's Rise[...]
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Wachovia to settle auction securities probe with $8.5 billion buyback

San Jose Mercury News |  August 15th, 2008 | Email this
NEW YORK — Wachovia has agreed to buy back $8.5 billion in auction-rate securities as part of a wide-ranging investigation by the New York Attorney General and other state regulators into the collapse of the market.[...]
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Tech ticker: SanDisk, Agilent, RIM

San Jose Mercury News |  August 15th, 2008 | Email this
SanDisk stock rose the most in four months after a trade journal said Seagate Technology may bid for the biggest maker of memory cards for digital cameras.[...]
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Toyota says it's making progress on plug-in hybrids

San Jose Mercury News |  August 14th, 2008 | Email this
As Toyota, General Motors and other automakers race to bring rechargeable electric vehicles to showrooms, the man running much of Toyota's research says its approach is the least costly way to get great mileage and performance in the near term. Toyota Motor plans to bring a plug-in hybrid vehicle to [...]
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Yahoo selects two new board members from Icahn's list

San Jose Mercury News |  August 14th, 2008 | Email this
Yahoo said it selected Frank Biondi, former chief executive of Viacom and Universal Studios, and John Chapple, former chief executive of Nextel Partners, for their extensive experience in the media and telecommunication industries.[...]
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Ex-Apple top attorney Heinen settles for $2.2 million in options backdating case

San Jose Mercury News |  August 14th, 2008 | Email this
Without admitting wrongdoing, attorney Nancy Heinen agreed to a settlement that appears to end one of the highest-profile cases in a wave of options backdating investigations that shook Silicon Valley companies in recent years. Apple's market cap beats Google's More Apple news[...]
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Silicon Valley VC John Doerr endorses Hillary Clinton

San Jose Mercury News |  December 6th, 2007 | Email this
High-profile Silicon Valley venture capitalist John Doerr endorsed Sen. Hillary Clinton for president today.[...]
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Gore joins Menlo Park VC firm, will focus on clean-tech investing

San Jose Mercury News |  November 19th, 2007 | Email this
When Kleiner Perkins Caufield & Byers named a new partner in 2006, it received scant media attention.[...]
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VentureBeat: BlueRun looks to raise $350 million

San Jose Mercury News |  October 31st, 2007 | Email this
the Menlo Park venture capital firm that invests in early stage companies, is trying to raise $350 million for its fourth fund, according to PE Wire.[...]
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