silicon valley

Latest Mortage Mod Scam Is an Audit to Nowhere

A raft of con artists have cropped up over the last two years offering "forensic loan audits." They promise to review your mortgage documents, looking for errors and legal flaws that they say they'll use to expedite a loan modification deal. All they usually end up doing is taking more money from already stressed homeowners.

Why You Should Have Intel Inside Your Portfolio

No wonder President Obama is visiting an Intel plant as he stumps for U.S. innovation and high-tech jobs. After all, Intel is a clear industry leader. Indeed, some analysts argue that for investors seeking entry in the global growth of technology, Intel is the one-stop answer.

Recession Lingers On in Silicon Valley

Much has been made recently of the huge valuations of Internet players like Facebook, Twitter and Zynga, but while Web 2.0 is doing well, the Silicon Valley region itself is not. A new report shows compensation and unemployment in the region haven't improved since the downturn.

Why Is New York VC Fred Wilson Raising So Much Money?

Wilson is known as the dean of New York City venture capitalists, an emerging community that has tracked nicely with the rapid uptick in startups in the Big Apple. Now, the word is out that he's raising a new $200 million seed-stage venture fund. Here's why.

Google's Talent Drain: Why Its Best Brains Are Bolting

Watching which way the talent is flowing in Silicon Valley can tell investors a lot. Even if a big brain drain isn't a sure death knell for a major player, it can't be ignored. And during the last couple of years, a lot of talent has been draining out of Silicon Valley icon Google.

Ex-CEO Says Twitter Has Plenty of Money in the Bank

Amid rumors that Twitter is considering pursuing another round of venture funding, the microblogging site's co-founder Evan Williams said his company has "a lot of money in the bank," and that its advertising efforts are paying off better than expected.

Why Foursquare Is Beating Gowalla: Location

Check-in phenom Foursquare just passed 3 million users, a milestone that cements its growing lead in mobile social networking. But how did it outrace competitor Gowalla, which was born at the same time and with arguably better technology? By having the right real world social networks, of course.

Angels, Not VCs, Are Giving Tech Startups Wings

Web startups are now so cheap to build out and can fail so quickly that very early stage funding, when angel investors tend to participate, has risen in prominence. Venture capital, which usually enters at a later stage, is playing a shrinking role.

Economy Could Cast a Shadow on Solar Energy

President Obama's $2 billion booster shot for solar is surely good news for the sector. But it may not be enough to counter the drag of a global economic stall that many see coming. When other energy prices fall, solar investment tends to dry up.

Should the U.S. Tax Firms for Shipping Jobs Overseas?

Intel co-founder Andy Grove has an interesting proposal to induce U.S. firms to rebuild the nation's manufacturing base and boost our employment: Tax companies for every job they offshore, and reinvest the funds in companies that create jobs here.

Can Russia Bring Silicon Valley to Moscow?

Russian President Dimitry Medvedev visited California this week in an attempt to establish economic ties with the U.S. -- and to entice Russian entrepreneurs to set up shop back home.

The Tesla Effect: What's Charging Up This Electric Car

Tesla Motors IPO announcement has attracted many skeptics. But take a look at how Tesla's sleek sports car has fired up the imagination of Silicon Valley's wealthy. This excitement bodes very well for the electric-car maker's success.

Is Digital Sky Creating a Bubble in the Valley?

The hottest venture investor in Silicon Valley comes from Russia: Yuri Milner of Digital Sky Technologies. Milner's huge bets on Facebook, Groupon, Zynga and others have the Valley abuzz -- and somewhat concerned.

Is a Foreign Brain Drain Drying Up Silicon Valley?

Well regarded tech entrepreneur Vivek Wadhwa warns a talent fleeing the U.S. for India and China is threatening innovation here. But at a popular Valley eatery, you can see -- and hear -- a very different picture of the global talent sustaining the area's companies.

As Silicon Valley Falters, China Tech IPOs on the Rise

For the last few decades, the American economy has been fueled by technology start-ups. But with Silicon Valley venture investing down 37% in the last year, that trend seems to have lost some of its vigor. You have to hand it to American investment bankers, though. For the last few years, Wall Street has gone to China in search of companies to take public on U.S. exchanges. Since 2005, Chinese companies have raised $210 billion in global IPOs, 14% more than U.S. companies. China leads the way in U.S. IPOs -- in 2009, 11 of the 14 foreign IPOs on United States exchanges were of mainland Chinese companies.