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Silicon Valley Deletes Middle-Income Jobs

Feb 19, 2008 4:23 PM CST

Silicon Valley Deletes Middle-Income Jobs

Jobs rise in region overall, partly due to international influx

(Newser) - Silicon Valley is bleeding middle-income jobs, the New York Times reports. Clerks, secretaries, service reps and others earning $30,000 to $80,000 a year fell from 52% to 46% of workers from 2002 to 2006, according to a new report. The trend threatens the region's upward-mobility track, one author...

Microsoft’s Yahoo Bid 'Ridiculous'

OPINION

Feb 18, 2008 2:40 PM CST

Microsoft’s Yahoo Bid 'Ridiculous'

Investment manager dismisses deal, doubts Ballmer's acumen

(Newser) - Investment manager Joe Rosenberg takes a swipe at Microsoft's bid for Yahoo in this week's Barron's, disparaging both the deal and CEO Steve Ballmer's financial acumen, Reuters reports. "It's a bad reflection on Ballmer that he's willing to pay a ridiculous price for Yahoo,” says Rosenberg. “Microsoft...

You've Got No Mail: DC Techies Ponder Life After AOL

Feb 18, 2008 10:12 AM CST

You've Got No Mail: DC Techies Ponder Life After AOL

Relocation is struggling sector's latest setback

(Newser) - AOL is moving its HQ to New York, cutting nearly half of its 5,700 DC-area jobs, and leaving serious questions about the Washington, DC area’s tech industry in its wake. AOL’s declining fortunes have already hurt the sector, but local techies and VCs have fought back with...

India Short On Skilled Workers

Apr 9, 2007 10:42 AM CDT

India Short On Skilled Workers

Despite the tech boom, a third of the country is still illiterate

(Newser) - Why is India short on skilled labor when it's teeming with Ph.D.s? While the staggering growth of its tech industry seems to have put the country in the running for the world’s next superpower, James Surowiecki observes that the Bengal tiger could be made of paper. Thirty...