Search giant Google is rumored to have reached an agreement to acquire the web coupon site Groupon for $2.5 billion. It will be the company’s largest acquisition since purchasing the ad company DoubleClick for $3.1 billion in 2008. The report, reportedly from a Google insider, has not been confirmed by Google.
Articles by Silicon Valley Newsroom
Three local teens were arrested after going on a vandalism spree in Los Gatos last week. They had been causing havoc in the town, egging cars and smashing their windows. According to police eyewitness, the teens went on to shatter landscaping lighting outside local residences. Altogether, seven kids were involved in the vandalism, causing over $1,000 in damages.
For most teens, getting a job in water means a stint as a lifeguard at a local pool. The Santa Clara Valley Water District Board wants to change all that. They’re hoping to appoint some youths to several of its Advisory Boards. The Water District says that the decision is an extension of its Youth Stewardship Commission program.
Are you buying your kids a bike this Christmas? Don’t worry about getting a license for it. City Council is expected to drop the bicycle license requirement at its weekly meeting this Tuesday. Bicycle licenses have been in place in San Jose since 1974. They were originally intended to build a database of all the bicycles in the city, and to make it easier to track down bikes when they get stolen.
Christmas in the Park opened this weekend, but a shortage of funds endanger next year’s event. At the opening ceremony Martie DeGutis warned that if her group cannot come up with $200,000 for Christmas in the Park 2011, this may be the last year that the event is held. She called on visitors to donate a dollar to keep the San Jose tradition alive.
Now under new management, the troubled Three Sixty residential tower is to turn the building from condos into rental units. US Bank, which owned the primary loan that financed the building’s construction, recently sold the note to real estate investment firm Kennedy Wilson, Inc. Kennedy Wilson is now expected to foreclose on the project and take over its management.
Thanksgiving is known for two things: a big feast followed by a retreat to the living room to watch the big game. At “The Window,” a drop-in service run by the Cathedral Basilica of St. Joseph’s Office of Social Ministry, the two will be combined in an unusual way. The turkey will be served by the San Francisco 49ers.
BART will be shredding 250,000 tires, wrapping them in fabric, and laying eighteen inches of them right beneath the tracks along its new line from Fremont to San Jose. This, BART says, will help reduce vibrations and cut back on noise. It will also cut the cost of noise reduction by 40 percent.
An EMT now working with the SJFD videoed how he used his ambulance while on duty to get dates.Though he did that while working privately for AMR, now the SJFD has to figure out how to deal with him, especially now that a DVD of his exploits is making the rounds.Does the SJFD hae enough trust in him to ensure that he fulfills his duties when they conflict with his “duties”?
ET Water Systems Inc., which manufactures smart irrigation controllers and other water management tools, recently announced that it is moving its entire production and assembly line to San Jose in order to ensure quality control, expedite the development of new products, and avoid tariffs and duties.
