Wall Street’s crisis deepens — Panic in financial markets spread as Dow drops 4 percent, or 449 points. investors cash out of Goldman Sachs and Morgan Stanley. [photo: SFGate.com]
Carnage among tech stocks — Which of your favorites took a beating today?
Google and General Electric team up on clean energy — At Google’s Zeitgeist conference, the big companies push for policies to modernize the electrical grid and tap renewable sources such as wind, solar and geothermal.
Also from Google Zeitgeist –Google’s execs supported the Yahoo deal. And here’s a gem from Sergey Brin: “When it’s too easy to get money, then you get kind of a lot of noise mixed in with the real innovation and entrepreneurship. Tough times bring out the best parts of Silicon Valley.”
Sarah Palin’s Yahoo email hacked — Hackers broke into GOP vice presidential candidate’s email and posted the contents. The FBI is looking into the matter. Perhaps a more secure password is in order for the would-be No. 2 leader of the free world?
Showing patent troll colors? — Nathan Myrhvold’s Intellectual Ventures hasn’t sued anyone, but the firm run by the former Microsoft research chief has collected 20,000 patents and is extracting hundreds of millions of dollars in license fees from big companies.
Spy-ad firm Phorm gets UK government OK — Government blesses plan for tracking consumer web surfing through Internet service providers.
Will the results get better? — Powerset’s search technology is now built into Microsoft Live Search.
Nielsen report: Google’s Chrome browser installs reach nearly 2 million downloads in U.S. in first week.
Venture firms try to recruit laid-off Wall Street workers — East Coast venture capitalist Josh Kopelman at First Round Capital started a site to recruit ex Wall Street workers to startups.
Connecting entrepreneurs and investors — San Diego’s entrepreneurs thrive thanks to nonprofit Connect group.
Nortel lowers forecasts — Revenue for 2008 will be lower than expected due to telecom equipment slowdown.