Russians invest in Facebook

Russians Digital Sky Technologies has invested 200 million to buy 1.96 percent stake in Facebook Inc. This values Palo Alto's Facebook at $10 billion.Facebook CEO Mark Zuckerberg, who started Facebook at Harvard...

Whitehot Magazine sponsors for myartspace.com London Calling 2009

Whitehot Magazine sponsors for myartspace.com London Calling 2009 Competition Palo Alto, CA-- myartspace.com, an online venue for contemporary art, has announced a partnership with Internationally-based...

Need Funds? Google's Got $100 Million in Venture Capital For You

Oh sure, you might say, the economy is in freefall, layoffs are staggering, and no one has any money. And for the most part you'd be right. But what about that not-so-quiet giant of the internet — that "be no...

World Football Challenge Hosts Top Soccer Teams

Some of Europe's best soccer teams will be heading to the US in July for the World Football Challenge - a tour designed to expand their international profile. Chelsea, AC Milan, Inter Milan and the Mexican team Club America will be taking part in a one-week, six-city...

Daft Punk to Compose Tron 2.0 Movie Sequel Soundtrack

As NowPublic previously reported, Disney is producing a sequel to the classic 1982 cult videogame movie Tron. With Olivia Wilde and Garrett Hedlund cast in the leading roles for Tron 2.0, the film now has another...

James Franco Signs Book Deal to Publish Short Story Collection

Actor James Franco is not only one of Hollywood's leading young actors, he is also an aspiring author. According to publishing house Scribner, who just signed Franco to a book deal for a recently completed collection of short stories, he is also "a surprising and powerful...

Online Art Community Has Offline Presence

The online art community myartspace.com now has an offline presence in Palo Alto, California. The NYAXE Gallery had its grand opening on February 26th. The gallery, located at 818 Emerson St., is operated by...

MRI Breakthrough - Volume Resolution 100 Million X's Finer

" NanoMRI, close-up view graphic - Image Credit: IBMMRI Breakthrough - Volume Resolution 100 Million Times FinerNearly 60 years after IBM played a major role in developing the heart lung machine, scientists and...

Hawaii to be 1st state with electric car stations

Some interesting developments in the world of electric cars.  Personally I thought we'd have jetpacks by now but I'll settle for this in an era of global warming and peak oil."HONOLULU – Hawaii has unveiled...

Bay Area Mayors Back Electric Car Infrastructure

Better Place, a privately-capitalized company has the backing of the mayors of San Francisco, Oakland and San Jose to build a smart electric car charging and battery-swap infrastructure to pave the way for mass conversion to electric cars. Consumers will also be be able to...

Everybody's Underwater In Silicon Valley

"As of October 24, more than 80% of Silicon Valley's 150 largest publicly traded companies have employees holding underwater options, according to executive compensation research firm Equilar. CEOs at 90% of those...

Circuit City Shutting 155 Stores; Cutting Staff By 17%

As the financial crisis continues to mount, the layoff tolls grows.  The latest company to announce closures and layoffs is Circuit City.  Circuit City announced today that it would be closing 155...

Schwarzenegger signs bill banning texting by motorists

California will ban drivers from sending text messagesn while driving, after the governor signed legislation banning the practice into law. Since July, California drivers have been banned from using their cell...

TechCrunch50: New ways to read and react to news

Some interesting news stuff coming out of the Valley today at the TechCrunch50 event."The second session at the TechCrunch50 event was called, "Memes and News," and the companies presenting were all about mining the Web for information that's relevant to you. In other words,...

Pilot killed in crash had been on a mercy mission (Updated Story)

" By Mary Manning Fri, Aug 29, 2008 (3:35 p.m.)  The pilot killed Thursday when his plane crashed in a residential neighborhood had just delivered an aircraft to an organization that flies missionaries...

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