Two UC Berkeley graduates who have been imprisoned in Iran for more than two years have been convicted of illegal entry and espionage and sentenced to eight years, Iranian state television reported. Shane Bauer and Joshua Fattal, both 28, were arrested along with Sarah Shourd in the summer of 2009 while hiking in Kurdistan along the Iraq - Iran border. Shourd was released on bail last year and returned to ......
As the world headquarters of the Web 2.0 boom, the Bay Area has enjoyed a comparatively good economic run over the past couple of years, with unemployment well below the statewide average, office vacancy rates falling and a veritable frenzy of hiring for certain types of well-paid "knowledge workers." The good news, at least in terms of the massive sell-off on Wall Street Monday that drove the Dow Jones Industrial ......
An unsolicited takeover bid from investor Carl Icahn has put Oakland-based Clorox Co. in play, and the company could ultimately be sold to a rival or forced to hive off some of its well-known brands. The takeover offer values the company at $10.2 billion, a 12% premium over its closing share price on Thursday, according to the Wall Street Journal. Icahn, a veteran corporate raider, already owns almost 10% of the ......
Steve Jobs vision for a massive, architecturally-distingushed headquarters in Cupertino was laid out for the public last week, and there is every reason to think that the project, likely to become a symbol of Silicon Valley, will go forward. But Jobs has been thinking about this for a long time, according to a great story by Julia Prodis Sulek in the San Jose Mercury News, and was moving forward on with an idea ......
Facebook is moving from a cluster of buildings in Palo Alto to the former Sun Microsystems campus in Menlo Park, and the New York Times has an interesting story today looking at the social media giant's approach to architecture and design. The 57-acre site is very much self-contained -- some nearby merchants aren't even aware that Facebook is coming -- and the goal is apparently to make it feel like ......
