YouTube spoils made official, co-founders did well

YouTube spoils made official, co-founders did well

YouTube co-founders Chad Hurley and Steve Chen are each worth about $326 million as a result of Google’s purchase of the video-sharing company, documents registered by Google Wednesday reveal.

Their takes are five times that of third co-founder Jawed Karim, who returned to Stanford before… Continue Reading

“Young Guns” form secret Silicon Valley society

“Young Guns” form secret Silicon Valley society

That’s what Rolling Stone wants you to believe, in its latest edition. In a story called “Baby Billionaires of Silicon Valley,” Rolling Stone catches up with a group nine entrepreneurs who get together to strategize. This is another hype job, since none of these people… Continue Reading

Roundup: MetroFi connects Foster City, GDrive leak, Cisco’s triple threat

Roundup: MetroFi connects Foster City, GDrive leak, Cisco’s triple threat

Cisco’s triple threat — San Jose networking giant Cisco has won a patent #7075919, which states Cisco owns any “system and method for providing integrated voice, video and data to customer premises over a single network.”

Cisco picked up its intellectual property in a sale by Sandstream… Continue Reading