Topic: Silicon Valley

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10 best cities to buy short sale homes

Foreclosures are tough: Homeowners lose their houses and ruin their credit, while banks get stuck with vacant, deteriorating real estate for months before selling it at a considerable loss. Increasingly, banks are finding another way: the short sale. Instead of waiting to foreclose, a bank preemptively sells a home at a deep discount and closes out the underwater mortgage, even if the house sells for less than the value of the mortgage. The result: Homeowners shed their mortgage debt, and banks unload properties more quickly and inexpensively. Here are the Top 10 metropolitan areas with the biggest average discounts on these pre-foreclosure homes, according to online foreclosure marketplace RealtyTrac. Can you guess which city is No. 1?
What does the JOBS Act actually do? Six questions answered.

A bipartisan bill known as the JOBS Act, for 'Jumpstart Our Business Startups,' is among the GOP's priorities in Congress. It is targeted at small-business owners, but what would the bill actually do?
Bullish on jobs? These 10 cities are.

Our list of the 10 metro areas that saw the most job growth in 2011 might surprise you.
15 best nonfiction books of 2011: CSMonitor picks

15 bests nonfiction titles of 2011, according to the Monitor's reviewers
Tributes to Steve Jobs: five top tweets

Apple's announcement Wednesday that founder Steve Jobs had died sparked waves of comment across the Internet, as techies and others chose their own ways to note his achievements or mourn his passing. Here are five noteworthy tweets ...

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Digital Vertigo

Are Facebook and Twitter really forms of "an absurd global prison where we are all forced to live in public?” Author and Silicon Valley entrepreneur Andrew Keen is afraid that the answer is yes.
Android clears court review of patent claims

Android did not infringe Oracle patents, court rules, in a major blow to Oracle. Android ruling means Oracle won't collect billions of dollars in royalties from Google.
A jobless boom for female firms

Women are creating new businesses faster than the national average, but they're hiring far fewer workers. One solution: better networks for women.
Obama fundraises hard as super-PACs boost Romney's cash

The President has so far enjoyed a large lead in the money race, but as the GOP field solidifies more cash in flowing into the Romney camp.
Stir It Up!
Travel: Eladio Pop's cacao farm in Belize

Ever wonder where chocolate comes from? A visit to a jungle farm results in a culinary adventure.
Facebook stock: Once hot IPO now a tale of lawsuits, glitches, and overreach (+video)

Facebook stock is trading well below its initial offering price. The IPO is being viewed as a debacle for the firm and its investment backers, and the lawsuits have already begun.
Facebook to debut at $104 billion

The IPO will be one of the largest in history.
Horizons
Facebook IPO: No, Facebook is not just a fad

Despite the coming Facebook IPO (or maybe because of the coming Facebook IPO), half of all Americans think the popular social network is a fad. They're wrong. 
America's open door to Chinese activist Chen

America's tradition of openness led Chen Guangcheng to knock on its embassy door. Now that openness may allow him to study in the US. The strength of many a country lies in being open to people, ideas, and technology.
Facebook IPO: World's most expensive dog and pony show

Facebook executives will make the rounds next week to convince fund managers and institutional investors that its initial public offering is worth $28 a share or more. With Facebook's valuing itself at up to $96 billion, it would be the biggest Web IPO ever.
Is it really cheaper to mine platinum from an asteroid? (+video)

A new company backed by Silicon Valley billionaires and Hollywood moguls seeks to extract precious metals from asteroids. Is doing so really cheaper than mining metals on Earth?
Mom, the family columnist

Her young son is aghast as his life begins to unspool in the local newspaper.
Tech stocks CEO summit: Can it solve Apple, Samsung patent dispute? (+video)

Tech stocks giants ordered to have CEOs try to settle their bitter patent dispute. Like several tech stocks, Apple and Samsung are dueling over patents for mobile devices.
Global News Blog
Google, an underdog in Asia, lays plans for Taiwan data center

Taiwan gets Internet traffic easily from the United States. I sits at the ends of undersea cables that extend directly from North America before branching off to other parts of Asia.
Fantasy football fans: Do you know where your favorite apps are made?

Last season’s popular Facebook fantasy football app was developed in Karachi, Pakistan, a city known more for its chronic ethnic and sectarian bloodshed than football.
Ashton Kutcher to play Steve Jobs in new biopic

'Two and a Half Men' star Ashton Kutcher will portray former Apple CEO Steve Jobs in an upcoming indie film, TheWrap reported Monday. Is director Joshua Michael Stern taking a chance on Hollywood's favorite prankster?
‘Mad Men’ fans count down to tonight’s fifth season premier

Will ‘Mad Men’ protagonist Don Draper’s dark secret come to light? Will Peggy Olson keep breaking sexist barriers? Can Roger Sterling keep ‘living like he’s on shore leave?’ And will Pete and Trudy ever dance the Charleston again?
Global News Blog
Tech firms cry foul in Taiwain

High-tech firms in Taiwan say they developed numerous firsts like all-in-one PC computers that became market successes only after being rebranded in the United States, Japan, or South Korea.
10 best cities to buy short sale homes

Foreclosures are tough: Homeowners lose their houses and ruin their credit, while banks get stuck with vacant, deteriorating real estate for months before selling it at a considerable loss. Increasingly, banks are finding another way: the short sale. Instead of waiting to foreclose, a bank preemptively sells a home at a deep discount and closes out the underwater mortgage, even if the house sells for less than the value of the mortgage. The result: Homeowners shed their mortgage debt, and banks unload properties more quickly and inexpensively. Here are the Top 10 metropolitan areas with the biggest average discounts on these pre-foreclosure homes, according to online foreclosure marketplace RealtyTrac. Can you guess which city is No. 1?
Tax the rich ... more? Why Jerry Brown changed his plan to save California.

California Gov. Jerry Brown wants voters to back his ballot initiative to raise taxes. But this week he changed it to fend off a teacher's union that could have ruined his plans.
From DARPA to Google, the search for sources of innovation

Regina Dugan, the head of the Pentagon's research arm, is going to Google. What her move means in the global race for innovation.
Android tablets: little headway against iPad

Android tablets, poised to challenge Apple's iPad a year ago, have largely fallen by the wayside. Here's why Android tablets and other tablet computers have a hard time against the iPad.
What does the JOBS Act actually do? Six questions answered.

A bipartisan bill known as the JOBS Act, for 'Jumpstart Our Business Startups,' is among the GOP's priorities in Congress. It is targeted at small-business owners, but what would the bill actually do?
The Circle Bastiat
Will nationalizing mines make South African poverty worse?

South Africa has a 20 percent unemployment rate and rampant poverty, which will only get worse if the government begins interfering in mining operations.
Horizons
iPad 3 with 4G heading to AT&T and Verizon: report

The iPad 3 will be the first iPad to connect with the Verizon and AT&T 4G LTE networks, according to one source.