Business

Business

Growing inequality: A look at the 2019 Silicon Valley Index

As big tech’s grip on Silicon Valley strengthens, the gap between the rich and the poor widens. A new report highlights the downsides of the region’s booming economy: Exacerbated inequality, rising housing and transportation woes, and a stifled market for competitors to break into. The 2019 Silicon Valley Index by Joint Venture Silicon Valley showcases why more people are leaving...

No charges for Google protestors, but the fight will march on

The rallying chants broke through the quiet morning: “Up up with public housing, down down with Google.” Vas Kumar, a supporter of the #Google8, the eight people arrested for chaining themselves to chairs to protest Google’s planned development in San Jose, called out the tech titan through a megaphone in front of the Santa Clara County building early...

San Jose puts off raising building heights — for now

In a unanimous decision, City Council leaders on Monday decided to postpone passing a measure that would increase building height limits in downtown San Jose until February. A study commissioned by the city included four options that would allow for building height increases without jeopardizing safety measures, with “Scenario 4” being the most supported by...