The launch of a Verizon connected iPhone in February could cost AT&T as many as 6 million customers. The new phone could also affect Google, since many users of its Android phone chose it to avoid the iPhone’s exclusive contract with AT&T.
Articles by Danny Wool
The police are not releasing any details about the suspects or victims in the Mexicali Club triple homicide. Meanwhile, the city continues to search for a new police chief. With the number of applicants narrowed to ten, a new chief could be named as early as February.
With California’s budget still in a crisis, it was inevitable that the new Governor would search desperately for places to cut. And it was inevitable that all the old favorites would be targeted. This means that higher education is on the chopping block again, with a proposed $1.4 billion in budget cuts. The UC and CSU systems will each face $500 million in state funding cuts, while the community college network can expect another $400 million in cuts.
Three people were killed in a shooting at the Mexicali Club this Saturday night. Two were found dead on the scene and one was found in an SUV parked a block away. The murders bring the number of homicides in San Jose in 2011 to four. In contrast, there were just 21 homicides in the city in all of 2010.
Santa Clara County is about to decide who will supply solar panels for a $24 million project. The panels are expected to save the county some $14 million over the next 25 years. Kaiser Permanente launched its own solar project when it switched on the solar panels at the Santa Clara County Medical Center.
With new Governor Jerry Brown rumored to be considering a raid of the state’s Redevelopment Agencies to reduce the state’s budget deficit, the city is considering selling off municipal properties to cover the costs of the proposed ballpark. Municipal parking lots and the retail area of the Fairmont Hotel Annex top the list of properties that could be sold.
The Merc is reporting on speculation that Facebook may release its long-awaited initial public stock offering by April 2012. The news follows reports that Goldman Sachs and Digital Sky have invested $500 million in the company, upping its valuation to about $50 billion.
Former Governor Arnold Schwarzenegger named his appointments the High Speed Rail Authority. Conspicuously absent was Rod Diridon, who has represented Silicon Valley to the HSR Authority for the past decade. New appointments from Fresno and Anaheim seem to indicate the direction that future planning may be taking—from Silicon to the Central Valley.
With Facebook overcoming Google as the Most Visited Site of 2010, could Google be preparing to acquire Myspace and position itself in social networking? Rumor has it that Myspace’s owners at News Corps are ready to sell, but there may be some other players in the bidding, including gaming upstart Zynga.
Though Facebook may not have issued an official IPO yet, plenty of wealthy private investors are still buying into the company through four boutique companies in New York that specialize in privately owned shares. Now the SEC wants to investigate.
