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But in the midst of a housing crisis some say Stanford helped create, locals are asking if the university is doing enough to house those it employs.\u003c/p>\n\u003cp>As part of a multi-newsroom investigative project involving \u003ca href=\"https://www.revealnews.org/local/labs/\" target=\"_blank\" rel=\"noopener noreferrer\">Reveal from The Center for Investigative Reporting\u003c/a>, \u003ca href=\"https://www.mercurynews.com/\" target=\"_blank\" rel=\"noopener noreferrer\">The Mercury News\u003c/a>,\u003ca href=\"https://www.nbcbayarea.com/\" target=\"_blank\" rel=\"noopener noreferrer\"> NBC Bay Area\u003c/a>,\u003ca href=\"https://renjournalism.org/\" target=\"_blank\" rel=\"noopener noreferrer\"> Renaissance Journalism\u003c/a> and\u003ca href=\"https://www.telemundoareadelabahia.com/\" target=\"_blank\" rel=\"noopener noreferrer\"> Telemundo 48 Área de la BahíaTelemundo\u003c/a>, we analyzed county assessor office records from 2018\u003cem> \u003c/em>to identify the largest landowners in Santa Clara County.\u003c/p>\n\u003cp>At the top of the list in terms of property value: Stanford. The value of the university's holdings is greater than those of Google, Apple and Intel combined.\u003c/p>\n\u003cp>[aside label=\"Who Owns Silicon Valley?\" tag=\"who-owns-silicon-valley\"]\u003c/p>\n\u003cp>On campus and off, the value of Stanford’s real estate empire tops $19.7 billion, as of 2018. That’s probably an undercount because Proposition 13, California’s landmark property tax law from the 1970s, has held down the reported value of a lot of Stanford’s properties.\u003c/p>\n\u003cp>\"You can drive for miles and still be on Stanford land. I mean, it’s got a golf course. It’s got a nature preserve. The Stanford Linear Accelerator is operated by the federal government, but it's on Stanford land,\" said Steve Staiger, a historian with the \u003ca href=\"http://www.pahistory.org\" target=\"_blank\" rel=\"noopener noreferrer\">Palo Alto Historical Association\u003c/a>.\u003c/p>\n\u003cp>In recent years, as the region's housing crisis has metastasized, a growing number of community voices are asking whether Stanford's size comes attached to a greater responsibility to house its faculty and staff. \"Stanford certainly has, in many people's eyes, a responsibility to do their fair share,\" Staiger said. \"Now, what they think is their fair share and how that's being handled? It's different than others because they have space on their lands for housing.\"\u003c/p>\n\u003cfigure id=\"attachment_11782709\" class=\"wp-caption aligncenter\" style=\"max-width: 3081px\">\u003cimg class=\"wp-image-11782709 size-full\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/10/PC0001_B1_F44_I002.jpeg\" alt=\"Leland, Jane and Leland Jr. Stanford in Paris c. 1881-1883.\" width=\"3081\" height=\"3838\" srcset=\"https://ww2.kqed.org/app/uploads/sites/10/2019/10/PC0001_B1_F44_I002.jpeg 3081w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/PC0001_B1_F44_I002-160x199.jpeg 160w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/PC0001_B1_F44_I002-800x997.jpeg 800w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/PC0001_B1_F44_I002-1020x1271.jpeg 1020w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/PC0001_B1_F44_I002-963x1200.jpeg 963w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/PC0001_B1_F44_I002-1920x2392.jpeg 1920w\" sizes=\"(max-width: 3081px) 100vw, 3081px\">\u003cfigcaption class=\"wp-caption-text\">Leland, Jane and Leland Stanford Jr. in Paris c. 1881-1883. \u003ccite>((Courtesy of Stanford University Archives))\u003c/cite>\u003c/figcaption>\u003c/figure>\n\u003ch2>How Stanford Came to Be So Big\u003c/h2>\n\u003cp>Stanford has one of the largest campuses in the country and sits on roughly 8,180 acres straddling the border of two counties. UC Davis, for comparison's sake, is just 5,300 acres.\u003c/p>\n\u003cp>As every visitor who takes a campus tour learns, the university was founded by a grieving father who dedicated the school to his son.\u003c/p>\n\u003cp>Amasa Leland Stanford was one of the \"Big Four,” a group of California merchants who banded together to build the western portion of America’s first transcontinental railroad, the Central Pacific, with generous support from state and federal governments.\u003c/p>\n\u003cp>Stanford lived lavishly off the profits of his railroad. He joined an exclusive coterie of ultra-wealthy people and owned both a mansion on Nob Hill in San Francisco and a country estate south of the city. He grew grapes and raised horses on a stretch of land that grew to rival the rancheras of the Spanish colonial era.\u003c/p>\n\u003cp>He might have faded into history if not for a tragedy that struck the family in 1884 when his 15-year-old son, Leland Jr., died of typhoid fever while touring Italy.\u003c/p>\n\u003cp>With no heir to pass on all their wealth to, the grief-stricken parents decided to launch a university. In 1885, they donated their land to a new school — with the unusual stipulation that it could never be sold.\u003c/p>\n\u003cfigure id=\"attachment_11781793\" class=\"wp-caption aligncenter\" style=\"max-width: 1920px\">\u003cimg class=\"wp-image-11781793 size-full\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/10/RS36464_IMG_8792-qut.jpg\" alt=\"The Hoover Tower on Stanford University campus houses the Hoover Institution Library and Archives, which were founded by Herbert Hoover before he became President of the United States.\" width=\"1920\" height=\"1439\" srcset=\"https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS36464_IMG_8792-qut.jpg 1920w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS36464_IMG_8792-qut-160x120.jpg 160w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS36464_IMG_8792-qut-800x600.jpg 800w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS36464_IMG_8792-qut-1020x764.jpg 1020w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS36464_IMG_8792-qut-1200x899.jpg 1200w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS36464_IMG_8792-qut-1832x1374.jpg 1832w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS36464_IMG_8792-qut-1376x1032.jpg 1376w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS36464_IMG_8792-qut-1044x783.jpg 1044w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS36464_IMG_8792-qut-632x474.jpg 632w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS36464_IMG_8792-qut-536x402.jpg 536w\" sizes=\"(max-width: 1920px) 100vw, 1920px\">\u003cfigcaption class=\"wp-caption-text\">The Hoover Tower on Stanford University campus houses the Hoover Institution Library and Archives, which were founded by Herbert Hoover before he became president of the United States.\u003c/figcaption>\u003c/figure>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003ch2>Land Rich, Cash Poor\u003c/h2>\n\u003cp>For decades following, this edict guaranteed Stanford would be land rich in an area many considered the boonies. To this day, one of Stanford's nicknames is “The Farm.”\u003c/p>\n\u003cp>It wasn't until the 1950s that Stanford officials devised a plan to lease out land they couldn't sell.\u003c/p>\n\u003cp>\"\u003ca href=\"https://www.simon.com/mall/stanford-shopping-center\" target=\"_blank\" rel=\"noopener noreferrer\">[Stanford] Shopping Center\u003c/a> is on leased land,\" said Staiger. \"The \u003ca href=\"https://stanfordresearchpark.com\" target=\"_blank\" rel=\"noopener noreferrer\">[Stanford] Research Park\u003c/a> is on leased land.\" The leasing deals allow Stanford to generate income without selling the land, which they're prohibited from doing by the 1885 founding grant.\u003c/p>\n\u003cp>Then a man named Fred Terman helped launch what we now call Silicon Valley, first as an electrical engineering professor and then as provost at Stanford. Terman was one of the first to encourage tech talent and businesses to stay close to campus rather than seek fame and fortune elsewhere.\u003c/p>\n\u003cp>\"I would say the university made a major contribution to the companies here,\" Terman said in a 1969 interview. \"But then, the companies made a major contribution to those parts of the university that contributed to these companies. So we all grew up together, really.\"\u003c/p>\n\u003cp>Today, Stanford boasts an \u003ca href=\"https://news.stanford.edu/press-releases/2019/10/02/stanford-releasereturn-endowment/\" target=\"_blank\" rel=\"noopener noreferrer\">endowment of $27.7 billion\u003c/a>, which puts it near the top in the U.S., behind Harvard and Yale.\u003c/p>\n\u003cp>[youtube https://www.youtube.com/watch?v=Jwk2Y4mi87w]\u003c/p>\n\u003cp>[pullquote size='medium' align='right' citation='Steve Staiger, a historian with the Palo Alto Historical Association']'Stanford certainly has, in many people's eyes, a responsibility to do their fair share. Now: what they think is their fair share and how that's being handled? It's different than others because they have space on their lands for housing.'[/pullquote]\u003c/p>\n\u003cp>With the help of Hewlett-Packard, Cisco, PayPal, Google, Yahoo, Netflix and others, the center of gravity for tech companies gradually shifted from the East Coast to the West Coast.\u003c/p>\n\u003cp>Year after year, Silicon Valley companies draw in tens of thousands of software engineers, lawyers and other professionals. Not all of them make huge salaries, but in recent years, the economic influx has displaced thousands of people who do not work in tech, forcing them to leave the Bay Area. A quick search on the real estate platform Zillow reveals the median home price in Palo Alto is $2,833,400.\u003c/p>\n\u003ch2>The Housing Crisis\u003c/h2>\n\u003cp>\"You can see people living in vehicles on the streets,\" said Lenny Siegel, former mayor of Mountain View. \"School districts are losing teachers. It's gotten worse because we've had this unprecedented employment growth and very little housing development.\"\u003c/p>\n\u003cp>The \u003ca href=\"https://stanfordresearchpark.com\" target=\"_blank\" rel=\"noopener noreferrer\">Stanford Research Park\u003c/a> is home to more than 150 different companies and their 23,000 employees. The university itself directly employs about 13,028 staff members, plus another 2,240 faculty members as of 2018.\u003c/p>\n\u003cp>“We had faculty housing on campus from the very beginning, to provide an opportunity for faculty to be close to the education and research mission of the institution,\" said Martin Shell, Stanford's vice president and chief external relations officer. \"And we think that we’ve been following in that tradition for the last 125 years.”\u003c/p>\n\u003cfigure id=\"attachment_11782708\" class=\"wp-caption alignnone\" style=\"max-width: 800px\">\u003cimg class=\"size-medium wp-image-11782708\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/10/RS39801_StandfordEdit006-qut-800x527.jpg\" alt=\"Stanford's campus spans 8,180 acres in San Mateo and Santa Clara counties and is one of the largest in the country\" width=\"800\" height=\"527\" srcset=\"https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS39801_StandfordEdit006-qut-800x527.jpg 800w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS39801_StandfordEdit006-qut-160x105.jpg 160w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS39801_StandfordEdit006-qut-1020x672.jpg 1020w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS39801_StandfordEdit006-qut-1200x791.jpg 1200w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS39801_StandfordEdit006-qut.jpg 1920w\" sizes=\"(max-width: 800px) 100vw, 800px\">\u003cfigcaption class=\"wp-caption-text\">Stanford's campus spans 8,180 acres in San Mateo and Santa Clara counties and is one of the largest in the country. \u003ccite>(Courtesy of Jane Tyska/Bay Area News Group)\u003c/cite>\u003c/figcaption>\u003c/figure>\n\u003cp>\"They [Stanford University] are the major employer on the Mid-Peninsula both for the university faculty and staff, but more importantly perhaps, numerically, is the \u003ca href=\"https://stanfordhealthcare.org\" target=\"_blank\" rel=\"noopener noreferrer\">Medical Center\u003c/a>. It's a huge employer, so big that now they have a separate plant out in Redwood City that thousands of people are working at,\" historian Staiger said.\u003c/p>\n\u003cp>Stanford officials told our investigative reporting team they plan to build about 1,300 housing units and more than 2,400 beds for graduate students, at an estimated cost of more than $1 billion.\u003c/p>\n\u003cp>“We did that for many reasons, not the least of which was our graduate students were increasingly having a challenge to find a place to live in close proximity where they could afford to live here,” said Shell.\u003c/p>\n\u003cp>When an apartment complex in the works, the expanded \u003ca href=\"https://newgradhousing.stanford.edu\" target=\"_blank\" rel=\"noopener noreferrer\">Escondido Village Graduate Residences,\u003c/a> opens in about a year, Stanford will house more than 75 percent of its graduate students on its campus. The university already houses all of its undergraduates on campus.\u003c/p>\n\u003cp>Some may ask why building more housing is Stanford’s problem when Mountain View, Palo Alto and other nearby cities also haven’t kept pace with growing demand over the last half-century. Or, for that matter, whether it's a problem for tech companies in the region to solve.\u003c/p>\n\u003cp>In recent months, tech titans like \u003ca href=\"https://www.kqed.org/news/11755545/google-pledges-1-billion-to-help-fight-bay-area-housing-crisis-it-helped-create\" target=\"_blank\" rel=\"noopener noreferrer\">Google\u003c/a> and Facebook have announced major initiatives to help build housing for their employees and others, providing a combination of cash and land as incentives and asking local municipalities to help shape their housing plans.\u003c/p>\n\u003cp>That shift in the public conversation is putting Stanford in the spotlight for a growing number of local politicians and housing advocates. \"Stanford has more land than the city of Mountain View,\" said Siegel. \"Yeah, they’re a big institution and they do a lot, but they need to do more.\"\u003c/p>\n\u003ch2>Expanding Real Estate Empire\u003c/h2>\n\u003cp>Stanford leases homes to faculty at prices well below market rates — it’s one of the ways Stanford attracts top academic talent from around the world that might not otherwise move to the region.\u003c/p>\n\u003cp>[pullquote size='medium' align='right' citation='Pria Graves, College Terrace Residents Association']'Probably most of Silicon Valley wouldn't exist without Stanford. On the other hand, there are definite downsides.'[/pullquote]\u003c/p>\n\u003cp>For decades, the university's concerns about housing affordability have focused largely on faculty, as opposed to staff — or the communities that neighbor Stanford. A university-led \u003ca href=\"https://news.stanford.edu/2019/05/20/affordability-task-force-digging-needs-various-communities/\" target=\"_blank\" rel=\"noopener noreferrer\">Affordability Task Force\u003c/a> is expected to deliver recommendations later this year that expand Stanford's definition of constituents.\u003c/p>\n\u003cp>But in the meantime, Stanford has been busy expanding its residential real estate portfolio off-campus. For example, in just the last five years, the university has bought more than 30 properties in a neighborhood near the campus called College Terrace.\u003c/p>\n\u003cp>Pria Graves, a retired software engineer from Palo Alto, has lived in College Terrace for 34 years. She’s the \u003ca href=\"https://www.collegeterrace.org\" target=\"_blank\" rel=\"noopener noreferrer\">College Terrace Residents Association's\u003c/a> “Stanford observer.\" She argues that Stanford's choice to absorb properties off-campus to secure housing for its employees is drying up the pool of available housing for others in the community. That, she says, drives local housing prices past already stratospheric levels.\u003c/p>\n\u003cp>What does Graves say to those who argue her neighborhood wouldn't be as nice as it is without Stanford, or might not even exist without Stanford? \"Oh it probably wouldn’t. Probably most of Silicon Valley wouldn't exist without Stanford,\" Graves admits. \"On the other hand, there are definite downsides.\"\u003c/p>\n\u003cp>Those downsides are at the center of a contentious battle with Santa Clara County supervisors. After three years of back and forth over Stanford's proposed plans to build another 3.5 million square feet in the coming years, the university abruptly withdrew its application last week.\u003c/p>\n\u003cp>In a \u003ca href=\"https://news.stanford.edu/2019/11/01/stanford-withdraws-general-use-permit-application/\" target=\"_blank\" rel=\"noopener noreferrer\">statement\u003c/a>, the university acknowledged \"obstacles on the path to a successful permit\" and committed to \"a new phase of engagement and dialogue with its neighbors and surrounding communities.\"\u003c/p>\n\u003cp>\u003cimg class=\"alignnone wp-image-11782840 size-medium\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/10/Copy-of-WhoOwnsSiliconValley_ppt2-800x450.jpg\" alt='\"Who Owns Silicon Valley?\" is a multi-newsroom investigative project involving Reveal from The Center for Investigative Reporting, The Mercury News, NBC Bay Area, Renaissance Journalism and Telemundo 48 Área de la BahíaTelemundo.' width=\"800\" height=\"450\" srcset=\"https://ww2.kqed.org/app/uploads/sites/10/2019/10/Copy-of-WhoOwnsSiliconValley_ppt2-800x450.jpg 800w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/Copy-of-WhoOwnsSiliconValley_ppt2-160x90.jpg 160w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/Copy-of-WhoOwnsSiliconValley_ppt2-1020x574.jpg 1020w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/Copy-of-WhoOwnsSiliconValley_ppt2-1200x675.jpg 1200w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/Copy-of-WhoOwnsSiliconValley_ppt2.jpg 1920w\" sizes=\"(max-width: 800px) 100vw, 800px\">\u003c/p>\n\u003cp>\u003cem>\"Who Owns Silicon Valley?\" is a multi-newsroom investigative project involving \u003ca href=\"https://www.revealnews.org/local/labs/\" target=\"_blank\" rel=\"noopener noreferrer\">Reveal from The Center for Investigative Reporting\u003c/a>, \u003ca href=\"https://www.mercurynews.com/\" target=\"_blank\" rel=\"noopener noreferrer\">The Mercury News\u003c/a>,\u003ca href=\"https://www.nbcbayarea.com/\" target=\"_blank\" rel=\"noopener noreferrer\"> NBC Bay Area\u003c/a>,\u003ca href=\"https://renjournalism.org/\" target=\"_blank\" rel=\"noopener noreferrer\"> Renaissance Journalism\u003c/a> and\u003ca href=\"https://www.telemundoareadelabahia.com/\" target=\"_blank\" rel=\"noopener noreferrer\"> Telemundo 48 Área de la BahíaTelemundo\u003c/a> and KQED.\u003c/em>\u003c/p>\n\u003cp>[ad floatright]\u003c/p>\n","blocks":[],"excerpt":"The value of Stanford’s real estate empire is greater than the holdings of Google, Apple and Cisco combined.\r\n","status":"publish","parent":0,"modified":1632430039,"stats":{"hasAudio":false,"hasVideo":true,"hasChartOrMap":false,"iframeSrcs":[],"hasGoogleForm":false,"hasGallery":false,"hasHearkenModule":false,"hasPolis":false,"paragraphCount":45,"wordCount":1913},"headData":{"title":"How Stanford Came to Dominate the Landscape in Silicon Valley | KQED","description":"The value of Stanford’s real estate empire is greater than the holdings of Google, Apple and Cisco combined.\r\n","ogTitle":"","ogDescription":"","ogImgId":"","twTitle":"","twDescription":"","twImgId":"","schema":{"@context":"http://schema.org","@type":"NewsArticle","headline":"How Stanford Came to Dominate the Landscape in Silicon Valley","datePublished":"2019-11-04T14:00:20.000Z","dateModified":"2021-09-23T20:47:19.000Z","image":"https://cdn.kqed.org/wp-content/uploads/2020/02/KQED-OG-Image@1x.png","isAccessibleForFree":"Y","publisher":{"@type":"NewsMediaOrganization","@id":"https://www.kqed.org/#organization","name":"KQED","url":"https://www.kqed.org","logo":"https://cdn.kqed.org/wp-content/uploads/2020/02/KQED-OG-Image@1x.png"}}},"disqusIdentifier":"11781771 https://ww2.kqed.org/news/?p=11781771","disqusUrl":"https://ww2.kqed.org/news/2019/11/04/how-stanford-became-the-largest-landowner-in-silicon-valley/","disqusTitle":"How Stanford Came to Dominate the Landscape in Silicon Valley","path":"/news/11781771/how-stanford-became-the-largest-landowner-in-silicon-valley","audioTrackLength":null,"parsedContent":[{"type":"contentString","content":"\u003cdiv class=\"post-body\">\u003cp>\u003cp>The Leland Stanford Junior University is as beautiful as it is big: replete with huge palm trees, Romanesque-inspired sandstone buildings, concert halls, art galleries and a football stadium that seats 50,000 people. But in the midst of a housing crisis some say Stanford helped create, locals are asking if the university is doing enough to house those it employs.\u003c/p>\n\u003cp>As part of a multi-newsroom investigative project involving \u003ca href=\"https://www.revealnews.org/local/labs/\" target=\"_blank\" rel=\"noopener noreferrer\">Reveal from The Center for Investigative Reporting\u003c/a>, \u003ca href=\"https://www.mercurynews.com/\" target=\"_blank\" rel=\"noopener noreferrer\">The Mercury News\u003c/a>,\u003ca href=\"https://www.nbcbayarea.com/\" target=\"_blank\" rel=\"noopener noreferrer\"> NBC Bay Area\u003c/a>,\u003ca href=\"https://renjournalism.org/\" target=\"_blank\" rel=\"noopener noreferrer\"> Renaissance Journalism\u003c/a> and\u003ca href=\"https://www.telemundoareadelabahia.com/\" target=\"_blank\" rel=\"noopener noreferrer\"> Telemundo 48 Área de la BahíaTelemundo\u003c/a>, we analyzed county assessor office records from 2018\u003cem> \u003c/em>to identify the largest landowners in Santa Clara County.\u003c/p>\n\u003cp>At the top of the list in terms of property value: Stanford. The value of the university's holdings is greater than those of Google, Apple and Intel combined.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>","attributes":{"named":{},"numeric":[]}},{"type":"component","content":"","name":"aside","attributes":{"named":{"label":"Who Owns Silicon Valley? ","tag":"who-owns-silicon-valley"},"numeric":[]}},{"type":"contentString","content":"\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>On campus and off, the value of Stanford’s real estate empire tops $19.7 billion, as of 2018. That’s probably an undercount because Proposition 13, California’s landmark property tax law from the 1970s, has held down the reported value of a lot of Stanford’s properties.\u003c/p>\n\u003cp>\"You can drive for miles and still be on Stanford land. I mean, it’s got a golf course. It’s got a nature preserve. The Stanford Linear Accelerator is operated by the federal government, but it's on Stanford land,\" said Steve Staiger, a historian with the \u003ca href=\"http://www.pahistory.org\" target=\"_blank\" rel=\"noopener noreferrer\">Palo Alto Historical Association\u003c/a>.\u003c/p>\n\u003cp>In recent years, as the region's housing crisis has metastasized, a growing number of community voices are asking whether Stanford's size comes attached to a greater responsibility to house its faculty and staff. \"Stanford certainly has, in many people's eyes, a responsibility to do their fair share,\" Staiger said. \"Now, what they think is their fair share and how that's being handled? It's different than others because they have space on their lands for housing.\"\u003c/p>\n\u003cfigure id=\"attachment_11782709\" class=\"wp-caption aligncenter\" style=\"max-width: 3081px\">\u003cimg class=\"wp-image-11782709 size-full\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/10/PC0001_B1_F44_I002.jpeg\" alt=\"Leland, Jane and Leland Jr. Stanford in Paris c. 1881-1883.\" width=\"3081\" height=\"3838\" srcset=\"https://ww2.kqed.org/app/uploads/sites/10/2019/10/PC0001_B1_F44_I002.jpeg 3081w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/PC0001_B1_F44_I002-160x199.jpeg 160w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/PC0001_B1_F44_I002-800x997.jpeg 800w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/PC0001_B1_F44_I002-1020x1271.jpeg 1020w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/PC0001_B1_F44_I002-963x1200.jpeg 963w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/PC0001_B1_F44_I002-1920x2392.jpeg 1920w\" sizes=\"(max-width: 3081px) 100vw, 3081px\">\u003cfigcaption class=\"wp-caption-text\">Leland, Jane and Leland Stanford Jr. in Paris c. 1881-1883. \u003ccite>((Courtesy of Stanford University Archives))\u003c/cite>\u003c/figcaption>\u003c/figure>\n\u003ch2>How Stanford Came to Be So Big\u003c/h2>\n\u003cp>Stanford has one of the largest campuses in the country and sits on roughly 8,180 acres straddling the border of two counties. UC Davis, for comparison's sake, is just 5,300 acres.\u003c/p>\n\u003cp>As every visitor who takes a campus tour learns, the university was founded by a grieving father who dedicated the school to his son.\u003c/p>\n\u003cp>Amasa Leland Stanford was one of the \"Big Four,” a group of California merchants who banded together to build the western portion of America’s first transcontinental railroad, the Central Pacific, with generous support from state and federal governments.\u003c/p>\n\u003cp>Stanford lived lavishly off the profits of his railroad. He joined an exclusive coterie of ultra-wealthy people and owned both a mansion on Nob Hill in San Francisco and a country estate south of the city. He grew grapes and raised horses on a stretch of land that grew to rival the rancheras of the Spanish colonial era.\u003c/p>\n\u003cp>He might have faded into history if not for a tragedy that struck the family in 1884 when his 15-year-old son, Leland Jr., died of typhoid fever while touring Italy.\u003c/p>\n\u003cp>With no heir to pass on all their wealth to, the grief-stricken parents decided to launch a university. In 1885, they donated their land to a new school — with the unusual stipulation that it could never be sold.\u003c/p>\n\u003cfigure id=\"attachment_11781793\" class=\"wp-caption aligncenter\" style=\"max-width: 1920px\">\u003cimg class=\"wp-image-11781793 size-full\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/10/RS36464_IMG_8792-qut.jpg\" alt=\"The Hoover Tower on Stanford University campus houses the Hoover Institution Library and Archives, which were founded by Herbert Hoover before he became President of the United States.\" width=\"1920\" height=\"1439\" srcset=\"https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS36464_IMG_8792-qut.jpg 1920w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS36464_IMG_8792-qut-160x120.jpg 160w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS36464_IMG_8792-qut-800x600.jpg 800w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS36464_IMG_8792-qut-1020x764.jpg 1020w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS36464_IMG_8792-qut-1200x899.jpg 1200w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS36464_IMG_8792-qut-1832x1374.jpg 1832w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS36464_IMG_8792-qut-1376x1032.jpg 1376w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS36464_IMG_8792-qut-1044x783.jpg 1044w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS36464_IMG_8792-qut-632x474.jpg 632w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS36464_IMG_8792-qut-536x402.jpg 536w\" sizes=\"(max-width: 1920px) 100vw, 1920px\">\u003cfigcaption class=\"wp-caption-text\">The Hoover Tower on Stanford University campus houses the Hoover Institution Library and Archives, which were founded by Herbert Hoover before he became president of the United States.\u003c/figcaption>\u003c/figure>\n\u003cp>\u003c/p>\u003c/div>","attributes":{"named":{},"numeric":[]}},{"type":"component","content":"","name":"ad","attributes":{"named":{"label":"fullwidth"},"numeric":["fullwidth"]}},{"type":"contentString","content":"\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003ch2>Land Rich, Cash Poor\u003c/h2>\n\u003cp>For decades following, this edict guaranteed Stanford would be land rich in an area many considered the boonies. To this day, one of Stanford's nicknames is “The Farm.”\u003c/p>\n\u003cp>It wasn't until the 1950s that Stanford officials devised a plan to lease out land they couldn't sell.\u003c/p>\n\u003cp>\"\u003ca href=\"https://www.simon.com/mall/stanford-shopping-center\" target=\"_blank\" rel=\"noopener noreferrer\">[Stanford] Shopping Center\u003c/a> is on leased land,\" said Staiger. \"The \u003ca href=\"https://stanfordresearchpark.com\" target=\"_blank\" rel=\"noopener noreferrer\">[Stanford] Research Park\u003c/a> is on leased land.\" The leasing deals allow Stanford to generate income without selling the land, which they're prohibited from doing by the 1885 founding grant.\u003c/p>\n\u003cp>Then a man named Fred Terman helped launch what we now call Silicon Valley, first as an electrical engineering professor and then as provost at Stanford. Terman was one of the first to encourage tech talent and businesses to stay close to campus rather than seek fame and fortune elsewhere.\u003c/p>\n\u003cp>\"I would say the university made a major contribution to the companies here,\" Terman said in a 1969 interview. \"But then, the companies made a major contribution to those parts of the university that contributed to these companies. So we all grew up together, really.\"\u003c/p>\n\u003cp>Today, Stanford boasts an \u003ca href=\"https://news.stanford.edu/press-releases/2019/10/02/stanford-releasereturn-endowment/\" target=\"_blank\" rel=\"noopener noreferrer\">endowment of $27.7 billion\u003c/a>, which puts it near the top in the U.S., behind Harvard and Yale.\u003c/p>\n\u003cp>\u003c/p>\u003cp>\u003cspan class='utils-parseShortcode-shortcodes-__youtubeShortcode__embedYoutube'>\n \u003cspan class='utils-parseShortcode-shortcodes-__youtubeShortcode__embedYoutubeInside'>\n \u003ciframe\n loading='lazy'\n class='utils-parseShortcode-shortcodes-__youtubeShortcode__youtubePlayer'\n type='text/html'\n src='//www.youtube.com/embed/Jwk2Y4mi87w'\n title='//www.youtube.com/embed/Jwk2Y4mi87w'\n allowfullscreen='true'\n style='border:0;'>\u003c/iframe>\n \u003c/span>\n \u003c/span>\u003c/p>\u003cp>\u003c/p>\n\u003cp>\u003c/p>\u003c/div>","attributes":{"named":{},"numeric":[]}},{"type":"component","content":"'Stanford certainly has, in many people's eyes, a responsibility to do their fair share. Now: what they think is their fair share and how that's being handled? It's different than others because they have space on their lands for housing.'","name":"pullquote","attributes":{"named":{"size":"medium","align":"right","citation":"Steve Staiger, a historian with the Palo Alto Historical Association","label":""},"numeric":[]}},{"type":"contentString","content":"\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>With the help of Hewlett-Packard, Cisco, PayPal, Google, Yahoo, Netflix and others, the center of gravity for tech companies gradually shifted from the East Coast to the West Coast.\u003c/p>\n\u003cp>Year after year, Silicon Valley companies draw in tens of thousands of software engineers, lawyers and other professionals. Not all of them make huge salaries, but in recent years, the economic influx has displaced thousands of people who do not work in tech, forcing them to leave the Bay Area. A quick search on the real estate platform Zillow reveals the median home price in Palo Alto is $2,833,400.\u003c/p>\n\u003ch2>The Housing Crisis\u003c/h2>\n\u003cp>\"You can see people living in vehicles on the streets,\" said Lenny Siegel, former mayor of Mountain View. \"School districts are losing teachers. It's gotten worse because we've had this unprecedented employment growth and very little housing development.\"\u003c/p>\n\u003cp>The \u003ca href=\"https://stanfordresearchpark.com\" target=\"_blank\" rel=\"noopener noreferrer\">Stanford Research Park\u003c/a> is home to more than 150 different companies and their 23,000 employees. The university itself directly employs about 13,028 staff members, plus another 2,240 faculty members as of 2018.\u003c/p>\n\u003cp>“We had faculty housing on campus from the very beginning, to provide an opportunity for faculty to be close to the education and research mission of the institution,\" said Martin Shell, Stanford's vice president and chief external relations officer. \"And we think that we’ve been following in that tradition for the last 125 years.”\u003c/p>\n\u003cfigure id=\"attachment_11782708\" class=\"wp-caption alignnone\" style=\"max-width: 800px\">\u003cimg class=\"size-medium wp-image-11782708\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/10/RS39801_StandfordEdit006-qut-800x527.jpg\" alt=\"Stanford's campus spans 8,180 acres in San Mateo and Santa Clara counties and is one of the largest in the country\" width=\"800\" height=\"527\" srcset=\"https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS39801_StandfordEdit006-qut-800x527.jpg 800w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS39801_StandfordEdit006-qut-160x105.jpg 160w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS39801_StandfordEdit006-qut-1020x672.jpg 1020w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS39801_StandfordEdit006-qut-1200x791.jpg 1200w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/RS39801_StandfordEdit006-qut.jpg 1920w\" sizes=\"(max-width: 800px) 100vw, 800px\">\u003cfigcaption class=\"wp-caption-text\">Stanford's campus spans 8,180 acres in San Mateo and Santa Clara counties and is one of the largest in the country. \u003ccite>(Courtesy of Jane Tyska/Bay Area News Group)\u003c/cite>\u003c/figcaption>\u003c/figure>\n\u003cp>\"They [Stanford University] are the major employer on the Mid-Peninsula both for the university faculty and staff, but more importantly perhaps, numerically, is the \u003ca href=\"https://stanfordhealthcare.org\" target=\"_blank\" rel=\"noopener noreferrer\">Medical Center\u003c/a>. It's a huge employer, so big that now they have a separate plant out in Redwood City that thousands of people are working at,\" historian Staiger said.\u003c/p>\n\u003cp>Stanford officials told our investigative reporting team they plan to build about 1,300 housing units and more than 2,400 beds for graduate students, at an estimated cost of more than $1 billion.\u003c/p>\n\u003cp>“We did that for many reasons, not the least of which was our graduate students were increasingly having a challenge to find a place to live in close proximity where they could afford to live here,” said Shell.\u003c/p>\n\u003cp>When an apartment complex in the works, the expanded \u003ca href=\"https://newgradhousing.stanford.edu\" target=\"_blank\" rel=\"noopener noreferrer\">Escondido Village Graduate Residences,\u003c/a> opens in about a year, Stanford will house more than 75 percent of its graduate students on its campus. The university already houses all of its undergraduates on campus.\u003c/p>\n\u003cp>Some may ask why building more housing is Stanford’s problem when Mountain View, Palo Alto and other nearby cities also haven’t kept pace with growing demand over the last half-century. Or, for that matter, whether it's a problem for tech companies in the region to solve.\u003c/p>\n\u003cp>In recent months, tech titans like \u003ca href=\"https://www.kqed.org/news/11755545/google-pledges-1-billion-to-help-fight-bay-area-housing-crisis-it-helped-create\" target=\"_blank\" rel=\"noopener noreferrer\">Google\u003c/a> and Facebook have announced major initiatives to help build housing for their employees and others, providing a combination of cash and land as incentives and asking local municipalities to help shape their housing plans.\u003c/p>\n\u003cp>That shift in the public conversation is putting Stanford in the spotlight for a growing number of local politicians and housing advocates. \"Stanford has more land than the city of Mountain View,\" said Siegel. \"Yeah, they’re a big institution and they do a lot, but they need to do more.\"\u003c/p>\n\u003ch2>Expanding Real Estate Empire\u003c/h2>\n\u003cp>Stanford leases homes to faculty at prices well below market rates — it’s one of the ways Stanford attracts top academic talent from around the world that might not otherwise move to the region.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>","attributes":{"named":{},"numeric":[]}},{"type":"component","content":"'Probably most of Silicon Valley wouldn't exist without Stanford. On the other hand, there are definite downsides.'","name":"pullquote","attributes":{"named":{"size":"medium","align":"right","citation":"Pria Graves, College Terrace Residents Association","label":""},"numeric":[]}},{"type":"contentString","content":"\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>For decades, the university's concerns about housing affordability have focused largely on faculty, as opposed to staff — or the communities that neighbor Stanford. A university-led \u003ca href=\"https://news.stanford.edu/2019/05/20/affordability-task-force-digging-needs-various-communities/\" target=\"_blank\" rel=\"noopener noreferrer\">Affordability Task Force\u003c/a> is expected to deliver recommendations later this year that expand Stanford's definition of constituents.\u003c/p>\n\u003cp>But in the meantime, Stanford has been busy expanding its residential real estate portfolio off-campus. For example, in just the last five years, the university has bought more than 30 properties in a neighborhood near the campus called College Terrace.\u003c/p>\n\u003cp>Pria Graves, a retired software engineer from Palo Alto, has lived in College Terrace for 34 years. She’s the \u003ca href=\"https://www.collegeterrace.org\" target=\"_blank\" rel=\"noopener noreferrer\">College Terrace Residents Association's\u003c/a> “Stanford observer.\" She argues that Stanford's choice to absorb properties off-campus to secure housing for its employees is drying up the pool of available housing for others in the community. That, she says, drives local housing prices past already stratospheric levels.\u003c/p>\n\u003cp>What does Graves say to those who argue her neighborhood wouldn't be as nice as it is without Stanford, or might not even exist without Stanford? \"Oh it probably wouldn’t. Probably most of Silicon Valley wouldn't exist without Stanford,\" Graves admits. \"On the other hand, there are definite downsides.\"\u003c/p>\n\u003cp>Those downsides are at the center of a contentious battle with Santa Clara County supervisors. After three years of back and forth over Stanford's proposed plans to build another 3.5 million square feet in the coming years, the university abruptly withdrew its application last week.\u003c/p>\n\u003cp>In a \u003ca href=\"https://news.stanford.edu/2019/11/01/stanford-withdraws-general-use-permit-application/\" target=\"_blank\" rel=\"noopener noreferrer\">statement\u003c/a>, the university acknowledged \"obstacles on the path to a successful permit\" and committed to \"a new phase of engagement and dialogue with its neighbors and surrounding communities.\"\u003c/p>\n\u003cp>\u003cimg class=\"alignnone wp-image-11782840 size-medium\" src=\"https://ww2.kqed.org/news/wp-content/uploads/sites/10/2019/10/Copy-of-WhoOwnsSiliconValley_ppt2-800x450.jpg\" alt='\"Who Owns Silicon Valley?\" is a multi-newsroom investigative project involving Reveal from The Center for Investigative Reporting, The Mercury News, NBC Bay Area, Renaissance Journalism and Telemundo 48 Área de la BahíaTelemundo.' width=\"800\" height=\"450\" srcset=\"https://ww2.kqed.org/app/uploads/sites/10/2019/10/Copy-of-WhoOwnsSiliconValley_ppt2-800x450.jpg 800w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/Copy-of-WhoOwnsSiliconValley_ppt2-160x90.jpg 160w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/Copy-of-WhoOwnsSiliconValley_ppt2-1020x574.jpg 1020w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/Copy-of-WhoOwnsSiliconValley_ppt2-1200x675.jpg 1200w, https://ww2.kqed.org/app/uploads/sites/10/2019/10/Copy-of-WhoOwnsSiliconValley_ppt2.jpg 1920w\" sizes=\"(max-width: 800px) 100vw, 800px\">\u003c/p>\n\u003cp>\u003cem>\"Who Owns Silicon Valley?\" is a multi-newsroom investigative project involving \u003ca href=\"https://www.revealnews.org/local/labs/\" target=\"_blank\" rel=\"noopener noreferrer\">Reveal from The Center for Investigative Reporting\u003c/a>, \u003ca href=\"https://www.mercurynews.com/\" target=\"_blank\" rel=\"noopener noreferrer\">The Mercury News\u003c/a>,\u003ca href=\"https://www.nbcbayarea.com/\" target=\"_blank\" rel=\"noopener noreferrer\"> NBC Bay Area\u003c/a>,\u003ca href=\"https://renjournalism.org/\" target=\"_blank\" rel=\"noopener noreferrer\"> Renaissance Journalism\u003c/a> and\u003ca href=\"https://www.telemundoareadelabahia.com/\" target=\"_blank\" rel=\"noopener noreferrer\"> Telemundo 48 Área de la BahíaTelemundo\u003c/a> and KQED.\u003c/em>\u003c/p>\n\u003cp>\u003c/p>\u003c/div>","attributes":{"named":{},"numeric":[]}},{"type":"component","content":"","name":"ad","attributes":{"named":{"label":"floatright"},"numeric":["floatright"]}},{"type":"contentString","content":"\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003c/div>\u003c/p>","attributes":{"named":{},"numeric":[]}}],"link":"/news/11781771/how-stanford-became-the-largest-landowner-in-silicon-valley","authors":["251"],"programs":["news_72"],"categories":["news_1758","news_6266","news_8"],"tags":["news_1702","news_19542","news_21971","news_93","news_450","news_727","news_2011","news_17867","news_353","news_178","news_26974","news_351"],"featImg":"news_11781773","label":"news_72"},"news_10342588":{"type":"posts","id":"news_10342588","meta":{"index":"posts_1591205157","site":"news","id":"10342588","score":null,"sort":[1412612467000]},"guestAuthors":[],"slug":"the-reading-list-same-sex-marriage-hp-breakup-vanishing-gas-stations-edition","title":"The Reading List: Same-Sex Marriage, HP Breakup, Vanishing Gas Stations Edition ","publishDate":1412612467,"format":"standard","headTitle":"News Fix | KQED News","labelTerm":{"term":6944,"site":"news"},"content":"\u003cp>\u003cstrong>NPR: \u003ca href=\"http://www.npr.org/blogs/thetwo-way/2014/10/06/354053308/supreme-court-won-t-hear-gay-marriage-cases-in-new-term\" target=\"_blank\">Supreme Court Won't Hear Gay Marriage Cases in New Term\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>\u003cstrong>SCOTUSblog: \u003ca href=\"http://www.scotusblog.com/2014/10/many-more-same-sex-marriages-soon-but-where/#more-218576\" target=\"_blank\">Many more same-sex marriages soon, but where\u003c/a>?\u003c/strong>\u003c/p>\n\u003cp>\u003cstrong>FiveThirtyEight: \u003ca href=\"http://fivethirtyeight.com/datalab/same-sex-marriage-is-now-legal-for-a-majority-of-the-u-s/\" target=\"_blank\">Same-Sex Marriage Is Now Legal for a Majority of U.S.\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>\u003cstrong>KQED News: \u003ca href=\"http://ww2.kqed.org/news/2014/10/06/congressman-mike-honda-ro-khanna-finally-debate/\" target=\"_blank\">Mike Honda and Ro Khanna Will Debate Monday Night\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>\u003cstrong>Wall Street Journal: \u003ca href=\"http://online.wsj.com/articles/hewlett-packard-to-split-into-two-companies-1412592132\" target=\"_blank\">Hewlett-Packard Set to Split Up 75-Year-Old Company\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>\u003cstrong>Forbes: \u003ca href=\"http://www.forbes.com/sites/chuckjones/2014/10/06/hp-splitting-itself-in-two-which-garbage-truck-do-you-want-to-own/\" target=\"_blank\">HP Splitting Itself Into Two: Which Garbage Truck Do You Want to Own?\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>\u003cstrong>San Francisco Chronicle:\u003ca href=\"http://www.sfgate.com/bayarea/article/City-gas-stations-dwindle-in-real-estate-boom-5802981.php\" target=\"_blank\"> City gas stations dwindle amid real-estate boom\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>\u003cstrong>Marin Independent Journal: \u003ca href=\"http://www.marinij.com/marinnews/ci_26668907/bikers-walkers-joggers-jockey-space-marin-paths\" target=\"_blank\">Bikers, Walkers, Joggers Jockey for Space on Marin Paths\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>\u003cstrong>Santa Rosa Press Democrat: \u003ca href=\"http://www.pressdemocrat.com/news/2915365-181/video-captures-santa-rosa-city\" target=\"_blank\">Video captures Santa Rosa City Councilman Gary Wysocky Swearing at Bus Driver\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>\u003cstrong>CityLabs: \u003ca href=\"http://www.citylab.com/design/2014/10/why-12-foot-traffic-lanes-are-disastrous-for-safety-and-must-be-replaced-now/381117/\">Why 12-Foot Traffic Lanes Are Disastrous for Safety and Must Be Replaced Now\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>\u003cstrong>New York Times: \u003ca href=\"http://www.nytimes.com/2014/10/04/books/the-half-has-never-been-told-follows-the-money-of-slavery.html?_r=0\" target=\"_blank\">'The Half Has Never Been Told': Following the Money on Slavery\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>\u003cstrong>Bleacher Report: \u003ca href=\"http://bleacherreport.com/articles/2221320-nationals-vs-giants-game-3-time-tv-info-live-stream-and-more\" target=\"_blank\">Giants vs. Nationals, Game 3: Time, TV Info, Live Stream and More\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>\u003cstrong>Fangraphs: \u003ca href=\"http://www.fangraphs.com/blogs/the-washington-nationals-vs-vic-carapazza/\" target=\"_blank\">The Washington Nationals vs. Umpire Vic Carapazza\u003c/a>\u003cbr>\n\u003c/strong>\u003c/p>\n\n","blocks":[],"excerpt":"U.S. Supreme Court stays out of the gay marriage issue, for now. Iconic Silicon Valley is splitsville.","status":"publish","parent":0,"modified":1412630844,"stats":{"hasAudio":false,"hasVideo":false,"hasChartOrMap":false,"iframeSrcs":[],"hasGoogleForm":false,"hasGallery":false,"hasHearkenModule":false,"hasPolis":false,"paragraphCount":15,"wordCount":164},"headData":{"title":"The Reading List: Same-Sex Marriage, HP Breakup, Vanishing Gas Stations Edition | KQED","description":"U.S. Supreme Court stays out of the gay marriage issue, for now. Iconic Silicon Valley is splitsville.","ogTitle":"","ogDescription":"","ogImgId":"","twTitle":"","twDescription":"","twImgId":"","schema":{"@context":"http://schema.org","@type":"NewsArticle","headline":"The Reading List: Same-Sex Marriage, HP Breakup, Vanishing Gas Stations Edition ","datePublished":"2014-10-06T16:21:07.000Z","dateModified":"2014-10-06T21:27:24.000Z","image":"https://cdn.kqed.org/wp-content/uploads/2020/02/KQED-OG-Image@1x.png","isAccessibleForFree":"Y","publisher":{"@type":"NewsMediaOrganization","@id":"https://www.kqed.org/#organization","name":"KQED","url":"https://www.kqed.org","logo":"https://cdn.kqed.org/wp-content/uploads/2020/02/KQED-OG-Image@1x.png"}}},"disqusIdentifier":"10342588 http://ww2.kqed.org/news/?p=10342588","disqusUrl":"https://ww2.kqed.org/news/2014/10/06/the-reading-list-same-sex-marriage-hp-breakup-vanishing-gas-stations-edition/","disqusTitle":"The Reading List: Same-Sex Marriage, HP Breakup, Vanishing Gas Stations Edition ","path":"/news/10342588/the-reading-list-same-sex-marriage-hp-breakup-vanishing-gas-stations-edition","audioTrackLength":null,"parsedContent":[{"type":"contentString","content":"\u003cdiv class=\"post-body\">\u003cp>\u003cp>\u003cstrong>NPR: \u003ca href=\"http://www.npr.org/blogs/thetwo-way/2014/10/06/354053308/supreme-court-won-t-hear-gay-marriage-cases-in-new-term\" target=\"_blank\">Supreme Court Won't Hear Gay Marriage Cases in New Term\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>\u003cstrong>SCOTUSblog: \u003ca href=\"http://www.scotusblog.com/2014/10/many-more-same-sex-marriages-soon-but-where/#more-218576\" target=\"_blank\">Many more same-sex marriages soon, but where\u003c/a>?\u003c/strong>\u003c/p>\n\u003cp>\u003cstrong>FiveThirtyEight: \u003ca href=\"http://fivethirtyeight.com/datalab/same-sex-marriage-is-now-legal-for-a-majority-of-the-u-s/\" target=\"_blank\">Same-Sex Marriage Is Now Legal for a Majority of U.S.\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>\u003cstrong>KQED News: \u003ca href=\"http://ww2.kqed.org/news/2014/10/06/congressman-mike-honda-ro-khanna-finally-debate/\" target=\"_blank\">Mike Honda and Ro Khanna Will Debate Monday Night\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>\u003cstrong>Wall Street Journal: \u003ca href=\"http://online.wsj.com/articles/hewlett-packard-to-split-into-two-companies-1412592132\" target=\"_blank\">Hewlett-Packard Set to Split Up 75-Year-Old Company\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>\u003c/p>\u003c/div>","attributes":{"named":{},"numeric":[]}},{"type":"component","content":"","name":"ad","attributes":{"named":{"label":"fullwidth"},"numeric":["fullwidth"]}},{"type":"contentString","content":"\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>\u003cstrong>Forbes: \u003ca href=\"http://www.forbes.com/sites/chuckjones/2014/10/06/hp-splitting-itself-in-two-which-garbage-truck-do-you-want-to-own/\" target=\"_blank\">HP Splitting Itself Into Two: Which Garbage Truck Do You Want to Own?\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>\u003cstrong>San Francisco Chronicle:\u003ca href=\"http://www.sfgate.com/bayarea/article/City-gas-stations-dwindle-in-real-estate-boom-5802981.php\" target=\"_blank\"> City gas stations dwindle amid real-estate boom\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>\u003cstrong>Marin Independent Journal: \u003ca href=\"http://www.marinij.com/marinnews/ci_26668907/bikers-walkers-joggers-jockey-space-marin-paths\" target=\"_blank\">Bikers, Walkers, Joggers Jockey for Space on Marin Paths\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>\u003cstrong>Santa Rosa Press Democrat: \u003ca href=\"http://www.pressdemocrat.com/news/2915365-181/video-captures-santa-rosa-city\" target=\"_blank\">Video captures Santa Rosa City Councilman Gary Wysocky Swearing at Bus Driver\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>\u003cstrong>CityLabs: \u003ca href=\"http://www.citylab.com/design/2014/10/why-12-foot-traffic-lanes-are-disastrous-for-safety-and-must-be-replaced-now/381117/\">Why 12-Foot Traffic Lanes Are Disastrous for Safety and Must Be Replaced Now\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>\u003cstrong>New York Times: \u003ca href=\"http://www.nytimes.com/2014/10/04/books/the-half-has-never-been-told-follows-the-money-of-slavery.html?_r=0\" target=\"_blank\">'The Half Has Never Been Told': Following the Money on Slavery\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>\u003cstrong>Bleacher Report: \u003ca href=\"http://bleacherreport.com/articles/2221320-nationals-vs-giants-game-3-time-tv-info-live-stream-and-more\" target=\"_blank\">Giants vs. Nationals, Game 3: Time, TV Info, Live Stream and More\u003c/a>\u003c/strong>\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>\u003cstrong>Fangraphs: \u003ca href=\"http://www.fangraphs.com/blogs/the-washington-nationals-vs-vic-carapazza/\" target=\"_blank\">The Washington Nationals vs. Umpire Vic Carapazza\u003c/a>\u003cbr>\n\u003c/strong>\u003c/p>\n\n\u003c/div>\u003c/p>","attributes":{"named":{},"numeric":[]}}],"link":"/news/10342588/the-reading-list-same-sex-marriage-hp-breakup-vanishing-gas-stations-edition","authors":["222"],"programs":["news_6944"],"categories":["news_8"],"tags":["news_450","news_694","news_322"],"featImg":"news_92735","label":"news_6944"},"news_80869":{"type":"posts","id":"news_80869","meta":{"index":"posts_1591205157","site":"news","id":"80869","score":null,"sort":[1353523167000]},"guestAuthors":[],"slug":"hp-says-fraud-prompted-5b-overpayment","title":"HP Says Fraud Prompted $5B Overpayment","publishDate":1353523167,"format":"aside","headTitle":"News Fix | KQED News","labelTerm":{"term":6944,"site":"news"},"content":"\u003cp>By Peter Svensson\u003c/p>\n\u003cp>NEW YORK (AP) Hewlett-Packard Co. said on Tuesday that it's the victim of a multi-billion dollar fraud at the hands of a British company it bought last year that lied about its finances.\u003c/p>\n\u003cp>HP CEO Meg Whitman said executives at Autonomy Corporation PLC \"willfully\" boosted the company's figures through various accounting tricks, which convinced HP to pay $9.7 billion for the company in October 2011.\u003c/p>\n\u003cp>Autonomy's former CEO said HP's allegations are false.\u003c/p>\n\u003cp>HP is now taking an $8.8 billion charge to align Autonomy's purchase price with what HP now says is its real value. More than $5 billion of that charge is due to false accounting, HP said.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>The revelation is another blow for HP, which is struggling to reinvent itself as PC and printer sales shrink. The company's stock hit a 10-year low in morning trading.\u003c/p>\n\u003cp>Among other things, Autonomy makes search engines that help companies find vital information stored across computer networks. Acquiring it was part of an attempt by HP to strengthen its portfolio of high-value products and services for corporations and government agencies. The deal was approved by Whitman's predecessor, Leo Apotheker, but closed three weeks into Whitman's tenure as chief executive. Whitman was a member of HP's board of directors when Apotheker initiated the Autonomy purchase.\u003c!--more-->\u003c/p>\n\u003cp>Among the tricks used at Autonomy, Whitman said: The company had been booking the sale of computers as software revenue and claiming the cost of making the machines as a marketing expense. Revenue from long-term contracts was booked up front, instead of over time.\u003c/p>\n\u003cp>The allegations are serious, according to accounting experts.\u003c/p>\n\u003cp>\"According to GAAP (generally accepted accounting principles), the overstatement of revenue under any tax code is illegal,\" said Mark Williams, a finance professor at Boston University and a former bank examiner for the Federal Reserve.\u003c/p>\n\u003cp>As a result of its alleged accounting practices, Autonomy appeared to be more profitable than it was and seemed to be growing its core software business faster than was actually the case. The moves were apparently designed to groom the company for an acquisition, Whitman said.\u003c/p>\n\u003cp>Once HP bought the company, Autonomy's reported revenue growth and profit margin quickly declined. Autonomy CEO Mike Lynch continued to run the company as part of HP, but Whitman forced him out on May 23 because it was not living up to expectations.\u003c/p>\n\u003cp>\"Little did I know that there was more than met the eye,\" Whitman said.\u003c/p>\n\u003cp>With Lynch gone, a senior Autonomy executive volunteered information about the alleged accounting irregularities, prompting an internal investigation, Whitman said.\u003c/p>\n\u003cp>The case has been referred to the U.S. Securities and Exchange Commission and the UK's Serious Fraud Office, she said. The company will also try to recoup some of the cash it paid for Autonomy through lawsuits.\u003c/p>\n\u003cp>In a statement to the Financial Times, Lynch said \"The former management team of Autonomy was shocked to see this statement today, and flatly rejects these allegations, which are false.\"\u003c/p>\n\u003cp>\"It took 10 years to build Autonomy's industry-leading technology and it is sad to see how it has been mismanaged since its acquisition by HP,\" he added.\u003c/p>\n\u003cp>On a conference call with Whitman following the earnings report, analyst Ben Reitzes of Barclays Capital asked who will be held responsible internally for the disastrous acquisition.\u003c/p>\n\u003cp>Whitman answered that the two executives who should have been held responsible — Apotheker and strategy chief Shane Robison — are gone. But the deal was also approved by the board of directors.\u003c/p>\n\u003cp>\"Most of the board was here and voted for this deal, and we feel terribly about that,\" Whitman said. \"What I will say is that the board relied on audited financials. Audited by Deloitte — not 'Brand X' accounting firm, but Deloitte. During our very extensive due diligence process, we hired KPMG to audit Deloitte. And neither of them saw what we now see after someone came forward to point us in the right direction.\"\u003c/p>\n\u003cp>Apotheker told The Associated Press on Tuesday that he was \"stunned and disappointed\" to learn of the allegations against Autonomy, and pointed out that they had gone undiscovered by HP's auditors, executives and directors.\u003c/p>\n\u003cp>Deloitte UK said it could not comment on the matter because of client confidentiality rules.\u003c/p>\n\u003cp>It was the second mammoth loss in a row for HP. In the third fiscal quarter, it lost a record $8.86 billion, or $4.49 per share. That was due to a charge for another acquisition — that of Electronic Data Systems, a technology consulting service that it bought for $13 billion in 2009. In that case, HP didn't blame improper accounting, just results that didn't live up to expectations.\u003c/p>\n\u003cp>Excluding the charges in the latest quarter, HP earned $1.16 per share in the latest quarter, just above the average analyst forecast of $1.14 per share, as polled by FactSet.\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>\u003cem>Technology Writer Barbara Ortutay in New York contributed to this report.\u003c/em>\u003c/p>\n\n","blocks":[],"excerpt":"NEW YORK (AP) Hewlett-Packard Co. said on Tuesday that it's the victim of a multi-billion dollar fraud at the hands of a British company it bought last year that lied about its finances.\r\n\r\nHP CEO Meg Whitman said executives at Autonomy Corporation PLC \"willfully\" boosted the company's figures through various accounting tricks, which convinced HP to pay $9.7 billion for the company in October 2011.","status":"publish","parent":0,"modified":1353523883,"stats":{"hasAudio":false,"hasVideo":false,"hasChartOrMap":false,"iframeSrcs":[],"hasGoogleForm":false,"hasGallery":false,"hasHearkenModule":false,"hasPolis":false,"paragraphCount":27,"wordCount":845},"headData":{"title":"HP Says Fraud Prompted $5B Overpayment | KQED","description":"NEW YORK (AP) Hewlett-Packard Co. said on Tuesday that it's the victim of a multi-billion dollar fraud at the hands of a British company it bought last year that lied about its finances.\r\n\r\nHP CEO Meg Whitman said executives at Autonomy Corporation PLC "willfully" boosted the company's figures through various accounting tricks, which convinced HP to pay $9.7 billion for the company in October 2011.","ogTitle":"","ogDescription":"","ogImgId":"","twTitle":"","twDescription":"","twImgId":"","schema":{"@context":"http://schema.org","@type":"NewsArticle","headline":"HP Says Fraud Prompted $5B Overpayment","datePublished":"2012-11-21T18:39:27.000Z","dateModified":"2012-11-21T18:51:23.000Z","image":"https://cdn.kqed.org/wp-content/uploads/2020/02/KQED-OG-Image@1x.png","isAccessibleForFree":"Y","publisher":{"@type":"NewsMediaOrganization","@id":"https://www.kqed.org/#organization","name":"KQED","url":"https://www.kqed.org","logo":"https://cdn.kqed.org/wp-content/uploads/2020/02/KQED-OG-Image@1x.png"}}},"disqusIdentifier":"80869 http://ww2.kqed.org/news/?p=80869","disqusUrl":"https://ww2.kqed.org/news/2012/11/21/hp-says-fraud-prompted-5b-overpayment/","disqusTitle":"HP Says Fraud Prompted $5B Overpayment","path":"/news/80869/hp-says-fraud-prompted-5b-overpayment","audioTrackLength":null,"parsedContent":[{"type":"contentString","content":"\u003cdiv class=\"post-body\">\u003cp>\u003cp>By Peter Svensson\u003c/p>\n\u003cp>NEW YORK (AP) Hewlett-Packard Co. said on Tuesday that it's the victim of a multi-billion dollar fraud at the hands of a British company it bought last year that lied about its finances.\u003c/p>\n\u003cp>HP CEO Meg Whitman said executives at Autonomy Corporation PLC \"willfully\" boosted the company's figures through various accounting tricks, which convinced HP to pay $9.7 billion for the company in October 2011.\u003c/p>\n\u003cp>Autonomy's former CEO said HP's allegations are false.\u003c/p>\n\u003cp>HP is now taking an $8.8 billion charge to align Autonomy's purchase price with what HP now says is its real value. More than $5 billion of that charge is due to false accounting, HP said.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>","attributes":{"named":{},"numeric":[]}},{"type":"component","content":"","name":"ad","attributes":{"named":{"label":"fullwidth"},"numeric":["fullwidth"]}},{"type":"contentString","content":"\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>The revelation is another blow for HP, which is struggling to reinvent itself as PC and printer sales shrink. The company's stock hit a 10-year low in morning trading.\u003c/p>\n\u003cp>Among other things, Autonomy makes search engines that help companies find vital information stored across computer networks. Acquiring it was part of an attempt by HP to strengthen its portfolio of high-value products and services for corporations and government agencies. The deal was approved by Whitman's predecessor, Leo Apotheker, but closed three weeks into Whitman's tenure as chief executive. Whitman was a member of HP's board of directors when Apotheker initiated the Autonomy purchase.\u003c!--more-->\u003c/p>\n\u003cp>Among the tricks used at Autonomy, Whitman said: The company had been booking the sale of computers as software revenue and claiming the cost of making the machines as a marketing expense. Revenue from long-term contracts was booked up front, instead of over time.\u003c/p>\n\u003cp>The allegations are serious, according to accounting experts.\u003c/p>\n\u003cp>\"According to GAAP (generally accepted accounting principles), the overstatement of revenue under any tax code is illegal,\" said Mark Williams, a finance professor at Boston University and a former bank examiner for the Federal Reserve.\u003c/p>\n\u003cp>As a result of its alleged accounting practices, Autonomy appeared to be more profitable than it was and seemed to be growing its core software business faster than was actually the case. The moves were apparently designed to groom the company for an acquisition, Whitman said.\u003c/p>\n\u003cp>Once HP bought the company, Autonomy's reported revenue growth and profit margin quickly declined. Autonomy CEO Mike Lynch continued to run the company as part of HP, but Whitman forced him out on May 23 because it was not living up to expectations.\u003c/p>\n\u003cp>\"Little did I know that there was more than met the eye,\" Whitman said.\u003c/p>\n\u003cp>With Lynch gone, a senior Autonomy executive volunteered information about the alleged accounting irregularities, prompting an internal investigation, Whitman said.\u003c/p>\n\u003cp>The case has been referred to the U.S. Securities and Exchange Commission and the UK's Serious Fraud Office, she said. The company will also try to recoup some of the cash it paid for Autonomy through lawsuits.\u003c/p>\n\u003cp>In a statement to the Financial Times, Lynch said \"The former management team of Autonomy was shocked to see this statement today, and flatly rejects these allegations, which are false.\"\u003c/p>\n\u003cp>\"It took 10 years to build Autonomy's industry-leading technology and it is sad to see how it has been mismanaged since its acquisition by HP,\" he added.\u003c/p>\n\u003cp>On a conference call with Whitman following the earnings report, analyst Ben Reitzes of Barclays Capital asked who will be held responsible internally for the disastrous acquisition.\u003c/p>\n\u003cp>Whitman answered that the two executives who should have been held responsible — Apotheker and strategy chief Shane Robison — are gone. But the deal was also approved by the board of directors.\u003c/p>\n\u003cp>\"Most of the board was here and voted for this deal, and we feel terribly about that,\" Whitman said. \"What I will say is that the board relied on audited financials. Audited by Deloitte — not 'Brand X' accounting firm, but Deloitte. During our very extensive due diligence process, we hired KPMG to audit Deloitte. And neither of them saw what we now see after someone came forward to point us in the right direction.\"\u003c/p>\n\u003cp>Apotheker told The Associated Press on Tuesday that he was \"stunned and disappointed\" to learn of the allegations against Autonomy, and pointed out that they had gone undiscovered by HP's auditors, executives and directors.\u003c/p>\n\u003cp>Deloitte UK said it could not comment on the matter because of client confidentiality rules.\u003c/p>\n\u003cp>It was the second mammoth loss in a row for HP. In the third fiscal quarter, it lost a record $8.86 billion, or $4.49 per share. That was due to a charge for another acquisition — that of Electronic Data Systems, a technology consulting service that it bought for $13 billion in 2009. In that case, HP didn't blame improper accounting, just results that didn't live up to expectations.\u003c/p>\n\u003cp>Excluding the charges in the latest quarter, HP earned $1.16 per share in the latest quarter, just above the average analyst forecast of $1.14 per share, as polled by FactSet.\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>\u003cem>Technology Writer Barbara Ortutay in New York contributed to this report.\u003c/em>\u003c/p>\n\n\u003c/div>\u003c/p>","attributes":{"named":{},"numeric":[]}}],"link":"/news/80869/hp-says-fraud-prompted-5b-overpayment","authors":["237"],"programs":["news_6944"],"categories":["news_1758","news_248"],"tags":["news_3510","news_450","news_26"],"label":"news_6944"},"news_80732":{"type":"posts","id":"news_80732","meta":{"index":"posts_1591205157","site":"news","id":"80732","score":null,"sort":[1353432523000]},"guestAuthors":[],"slug":"a-m-splash-243","title":"A.M. Splash: Calif. Cap-and-Trade Start Called a Success; HP Blames Aquisition for Huge Writedown; Dispute Could Slow Chevron Restart","publishDate":1353432523,"format":"aside","headTitle":"News Fix | KQED News","labelTerm":{"term":6944,"site":"news"},"content":"\u003cul>\n\u003cli>\u003ca href=\"http://www.mercurynews.com/business/ci_22028077/californias-first-cap-and-trade-auction-sells-out\">California's first cap-and-trade auction sells out, declared 'a success'\u003c/a> (SJ Mercury News)\u003cbr>\n\u003cblockquote>\u003cp>State regulators on Monday celebrated the results of last week's first-ever auction of California greenhouse gas emission permits, declaring the long-awaited kickoff to the nation's first effort to put a price on carbon pollution a success. The state did not disclose how many companies participated in the historic auction. But there were three times as many bidders than buyers, a sign that the business community is taking the new carbon market seriously. A ton of carbon sold for $10.09 at the auction, just slightly above the $10 floor price established by regulators, according to data released by the California Air Resources Board. More important, all of the 23.1 million permits offered at the auction to cover 2013 emissions were purchased, raising $233 million and calming fears that the market would be under-subscribed.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.mercurynews.com/business/ci_22032470/hewlett-packard-says-its-10-billion-autonomy-acquisition\">Hewlett-Packard says its $10 billion Autonomy acquisition lied about finances\u003c/a> (SJ Mercury News)\u003cbr>\n\u003cblockquote>\u003cp>Hewlett-Packard said a British company it bought for $9.7 billion last year lied about its finances, resulting in a massive write-down of the value of the business. CEO Meg Whitman avoided calling it a fraud, but said Tuesday that there were \"serious accounting improprieties, disclosure failures and outright misrepresentations at Autonomy Corporation PLC.\" HP is taking a charge $8.8 billion charge to align the accounting value of Autonomy with its real value. More than $5 billion of the writedown is due to the false accounting, the Palo Alto tech giant said. \u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.sfgate.com/bayarea/article/Chevron-pipe-dispute-could-deter-restart-4051867.php\">Chevron pipe dispute could deter restart\u003c/a> (SF Chronicle)\u003cbr>\n\u003cblockquote>\u003cp> Chevron's reconstruction of its Richmond oil refinery has become embroiled in a dispute over what kind of pipe will prevent a repeat of last summer's disastrous fire - with federal experts warning that the metal the company has chosen failed at another refinery this year. The dispute could jeopardize Chevron's plans to have the refinery back in full operation by January, a company official said Monday.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.sfgate.com/bayarea/johnson/article/Oakland-police-union-welcomes-a-takeover-4051772.php\">Oakland police union welcomes a takeover\u003c/a> (SF Chronicle\u003cbr>\n\u003cblockquote>\u003cp>The Oakland Police Department is sliding fast toward a federal takeover of some kind or another. You might think this would be the kind of thing the rank and file would strongly fight. But get this: They're practically begging for a takeover. The police union, in a filing with U.S. District Court Judge Thelton Henderson, said the department's leadership was useless, even dangerous. Henderson will preside over a Dec. 13 hearing that could determine the future of the department.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.sacbee.com/2012/11/19/4998195/census-over-250000-young-california.html\">Census: Over 250,000 young California college grads working menial jobs\u003c/a> (Sacramento Bee)\u003cbr>\n\u003cblockquote>\u003cp>The number of young college grads working as waiters in California almost doubled between 2006 and 2011. So did the number of retail sales clerks. About 260,000 California college grads under 30 worked on the front lines of the food service, clerical, sales and personal services industries in 2011, up by 60,000 from 2006, according to a Bee review of new census data. Historically, low-level jobs in those sectors have gone to workers without a degree. The trend has a ripple effect: It's hard for someone with only a high school diploma to compete for a job as a secretary or customer service rep when other applicants have a college degree.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.sfgate.com/bayarea/nevius/article/Scott-Wiener-opposes-free-youth-Muni-4051776.php\">Scott Wiener opposes free youth Muni\u003c/a> (SF Chronicle)\u003cbr>\n\u003cblockquote>\u003cp> Letting the city's young people ride Muni for free is one of those feel-good ideas that has everything San Francisco likes: It's cutting-edge, generous and directed to the poor. So why is Supervisor Scott Wiener holding that wet blanket? Wiener introduced a resolution that will be voted upon at the Board of Supervisors meeting Tuesday urging Muni to use the roughly $3 million that the free fares will cost for their original purpose - vehicle and equipment maintenance.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.mercurynews.com/bay-area-news/ci_22029902/residents-officials-want-answers-about-santa-clara-county\">Residents, officials want answers about Santa Clara County Board President George Shirakawa's spending\u003c/a> (SJ Mercury News)\u003cbr>\n\u003cblockquote>\u003cp>Demands for accountability, censure or at the very least an explanation are mounting in the wake of reports on the questionable spending of taxpayer funds by Santa Clara County Board President George Shirakawa, who charged his constituents for jaunts to casinos, golf courses and upscale eateries. \"The allegations against Supervisor Shirakawa are being taken seriously,\" Supervisor Ken Yeager said in a statement Monday. \u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.mercurynews.com/bay-area-news/ci_22029849/san-jose-parish-pastor-resigns-wake-scandal-over\">San Jose parish pastor resigns in wake of scandal over child molester volunteer\u003c/a> (SJ Mercury News)\u003cbr>\n\u003cblockquote>\u003cp>The pastor of the Saint Frances Cabrini School and Parish resigned Monday, weeks after his defense of a convicted child molester at a parish festival infuriated parents and scandalized the Diocese of San Jose. In announcing the resignation of the Rev. Lieu Vu, the diocese also released a letter written by a former diocese human resources employee permitting convicted pedophile Mark Gurries to participate and volunteer at parish and school events.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.insidebayarea.com/oakland-tribune/ci_22028160/oakland-man-suspected-wearing-sophisticated-bomb-watch-at\">Man suspected of wearing 'bomb' watch at Oakland airport released, no charges filed\u003c/a> (Oakland Tribune)\u003cbr>\n\u003cblockquote>\u003cp>The Alameda County District Attorney's Office has declined to file charges against a Southern California artist and teacher arrested last week at Oakland International Airport for wearing a suspicious watch. A spokeswoman for the prosecutor's office on Monday did not elaborate on why charges weren't filed against Geoffrey McGann, 49, of Rancho Palos Verdes. McGann was arrested at about 7:45 p.m. Thursday after airport security found him wearing a watch that looked like a timing device for an explosive, Alameda County sheriff's Sgt. J.D. Nelson said.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.sacbee.com/2012/11/20/4998639/california-homeowners-getting.html\">California homeowners getting relief from bank settlement\u003c/a> (Sacramento Bee)\u003cbr>\n\u003cblockquote>\u003cp> Easing some of California's housing headaches, nearly 62,000 homeowners statewide got roughly $8.2 billion in mortgage relief between March and September this year, according to a report released Monday by the California Monitor for the National Mortgage Settlement. \"The banks are delivering the relief a lot faster than we expected,\" said Katherine Porter, a UC Irvine law professor who oversees California's portion of the nationwide $25 billion settlement. \"So in every way possible that's positive. ... It means more people are staying in their homes.\"\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003c/ul>\n\u003cp>[ad fullwidth]\u003c/p>\u003cp>\u003c/p>\n","blocks":[],"excerpt":null,"status":"publish","parent":0,"modified":1353435439,"stats":{"hasAudio":false,"hasVideo":false,"hasChartOrMap":false,"iframeSrcs":[],"hasGoogleForm":false,"hasGallery":false,"hasHearkenModule":false,"hasPolis":false,"paragraphCount":12,"wordCount":1021},"headData":{"title":"A.M. Splash: Calif. Cap-and-Trade Start Called a Success; HP Blames Aquisition for Huge Writedown; Dispute Could Slow Chevron Restart | KQED","description":"California's first cap-and-trade auction sells out, declared 'a success' (SJ Mercury News) State regulators on Monday celebrated the results of last week's first-ever auction of California greenhouse gas emission permits, declaring the long-awaited kickoff to the nation's first effort to put a price on carbon pollution a success. The state did not disclose how many","ogTitle":"","ogDescription":"","ogImgId":"","twTitle":"","twDescription":"","twImgId":"","schema":{"@context":"http://schema.org","@type":"NewsArticle","headline":"A.M. Splash: Calif. Cap-and-Trade Start Called a Success; HP Blames Aquisition for Huge Writedown; Dispute Could Slow Chevron Restart","datePublished":"2012-11-20T17:28:43.000Z","dateModified":"2012-11-20T18:17:19.000Z","image":"https://cdn.kqed.org/wp-content/uploads/2020/02/KQED-OG-Image@1x.png","isAccessibleForFree":"Y","publisher":{"@type":"NewsMediaOrganization","@id":"https://www.kqed.org/#organization","name":"KQED","url":"https://www.kqed.org","logo":"https://cdn.kqed.org/wp-content/uploads/2020/02/KQED-OG-Image@1x.png"}}},"disqusIdentifier":"80732 http://ww2.kqed.org/news/?p=80732","disqusUrl":"https://ww2.kqed.org/news/2012/11/20/a-m-splash-243/","disqusTitle":"A.M. Splash: Calif. Cap-and-Trade Start Called a Success; HP Blames Aquisition for Huge Writedown; Dispute Could Slow Chevron Restart","path":"/news/80732/a-m-splash-243","audioTrackLength":null,"parsedContent":[{"type":"contentString","content":"\u003cdiv class=\"post-body\">\u003cp>\u003cul>\n\u003cli>\u003ca href=\"http://www.mercurynews.com/business/ci_22028077/californias-first-cap-and-trade-auction-sells-out\">California's first cap-and-trade auction sells out, declared 'a success'\u003c/a> (SJ Mercury News)\u003cbr>\n\u003cblockquote>\u003cp>State regulators on Monday celebrated the results of last week's first-ever auction of California greenhouse gas emission permits, declaring the long-awaited kickoff to the nation's first effort to put a price on carbon pollution a success. The state did not disclose how many companies participated in the historic auction. But there were three times as many bidders than buyers, a sign that the business community is taking the new carbon market seriously. A ton of carbon sold for $10.09 at the auction, just slightly above the $10 floor price established by regulators, according to data released by the California Air Resources Board. More important, all of the 23.1 million permits offered at the auction to cover 2013 emissions were purchased, raising $233 million and calming fears that the market would be under-subscribed.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.mercurynews.com/business/ci_22032470/hewlett-packard-says-its-10-billion-autonomy-acquisition\">Hewlett-Packard says its $10 billion Autonomy acquisition lied about finances\u003c/a> (SJ Mercury News)\u003cbr>\n\u003cblockquote>\u003cp>Hewlett-Packard said a British company it bought for $9.7 billion last year lied about its finances, resulting in a massive write-down of the value of the business. CEO Meg Whitman avoided calling it a fraud, but said Tuesday that there were \"serious accounting improprieties, disclosure failures and outright misrepresentations at Autonomy Corporation PLC.\" HP is taking a charge $8.8 billion charge to align the accounting value of Autonomy with its real value. More than $5 billion of the writedown is due to the false accounting, the Palo Alto tech giant said. \u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.sfgate.com/bayarea/article/Chevron-pipe-dispute-could-deter-restart-4051867.php\">Chevron pipe dispute could deter restart\u003c/a> (SF Chronicle)\u003cbr>\n\u003cblockquote>\u003cp> Chevron's reconstruction of its Richmond oil refinery has become embroiled in a dispute over what kind of pipe will prevent a repeat of last summer's disastrous fire - with federal experts warning that the metal the company has chosen failed at another refinery this year. The dispute could jeopardize Chevron's plans to have the refinery back in full operation by January, a company official said Monday.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.sfgate.com/bayarea/johnson/article/Oakland-police-union-welcomes-a-takeover-4051772.php\">Oakland police union welcomes a takeover\u003c/a> (SF Chronicle\u003cbr>\n\u003cblockquote>\u003cp>The Oakland Police Department is sliding fast toward a federal takeover of some kind or another. You might think this would be the kind of thing the rank and file would strongly fight. But get this: They're practically begging for a takeover. The police union, in a filing with U.S. District Court Judge Thelton Henderson, said the department's leadership was useless, even dangerous. Henderson will preside over a Dec. 13 hearing that could determine the future of the department.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.sacbee.com/2012/11/19/4998195/census-over-250000-young-california.html\">Census: Over 250,000 young California college grads working menial jobs\u003c/a> (Sacramento Bee)\u003cbr>\n\u003cblockquote>\u003cp>The number of young college grads working as waiters in California almost doubled between 2006 and 2011. So did the number of retail sales clerks. About 260,000 California college grads under 30 worked on the front lines of the food service, clerical, sales and personal services industries in 2011, up by 60,000 from 2006, according to a Bee review of new census data. Historically, low-level jobs in those sectors have gone to workers without a degree. The trend has a ripple effect: It's hard for someone with only a high school diploma to compete for a job as a secretary or customer service rep when other applicants have a college degree.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.sfgate.com/bayarea/nevius/article/Scott-Wiener-opposes-free-youth-Muni-4051776.php\">Scott Wiener opposes free youth Muni\u003c/a> (SF Chronicle)\u003cbr>\n\u003cblockquote>\u003cp> Letting the city's young people ride Muni for free is one of those feel-good ideas that has everything San Francisco likes: It's cutting-edge, generous and directed to the poor. So why is Supervisor Scott Wiener holding that wet blanket? Wiener introduced a resolution that will be voted upon at the Board of Supervisors meeting Tuesday urging Muni to use the roughly $3 million that the free fares will cost for their original purpose - vehicle and equipment maintenance.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.mercurynews.com/bay-area-news/ci_22029902/residents-officials-want-answers-about-santa-clara-county\">Residents, officials want answers about Santa Clara County Board President George Shirakawa's spending\u003c/a> (SJ Mercury News)\u003cbr>\n\u003cblockquote>\u003cp>Demands for accountability, censure or at the very least an explanation are mounting in the wake of reports on the questionable spending of taxpayer funds by Santa Clara County Board President George Shirakawa, who charged his constituents for jaunts to casinos, golf courses and upscale eateries. \"The allegations against Supervisor Shirakawa are being taken seriously,\" Supervisor Ken Yeager said in a statement Monday. \u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.mercurynews.com/bay-area-news/ci_22029849/san-jose-parish-pastor-resigns-wake-scandal-over\">San Jose parish pastor resigns in wake of scandal over child molester volunteer\u003c/a> (SJ Mercury News)\u003cbr>\n\u003cblockquote>\u003cp>The pastor of the Saint Frances Cabrini School and Parish resigned Monday, weeks after his defense of a convicted child molester at a parish festival infuriated parents and scandalized the Diocese of San Jose. In announcing the resignation of the Rev. Lieu Vu, the diocese also released a letter written by a former diocese human resources employee permitting convicted pedophile Mark Gurries to participate and volunteer at parish and school events.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.insidebayarea.com/oakland-tribune/ci_22028160/oakland-man-suspected-wearing-sophisticated-bomb-watch-at\">Man suspected of wearing 'bomb' watch at Oakland airport released, no charges filed\u003c/a> (Oakland Tribune)\u003cbr>\n\u003cblockquote>\u003cp>The Alameda County District Attorney's Office has declined to file charges against a Southern California artist and teacher arrested last week at Oakland International Airport for wearing a suspicious watch. A spokeswoman for the prosecutor's office on Monday did not elaborate on why charges weren't filed against Geoffrey McGann, 49, of Rancho Palos Verdes. McGann was arrested at about 7:45 p.m. Thursday after airport security found him wearing a watch that looked like a timing device for an explosive, Alameda County sheriff's Sgt. J.D. Nelson said.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.sacbee.com/2012/11/20/4998639/california-homeowners-getting.html\">California homeowners getting relief from bank settlement\u003c/a> (Sacramento Bee)\u003cbr>\n\u003cblockquote>\u003cp> Easing some of California's housing headaches, nearly 62,000 homeowners statewide got roughly $8.2 billion in mortgage relief between March and September this year, according to a report released Monday by the California Monitor for the National Mortgage Settlement. \"The banks are delivering the relief a lot faster than we expected,\" said Katherine Porter, a UC Irvine law professor who oversees California's portion of the nationwide $25 billion settlement. \"So in every way possible that's positive. ... It means more people are staying in their homes.\"\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003c/ul>\n\u003cp>\u003c/p>\u003c/div>","attributes":{"named":{},"numeric":[]}},{"type":"component","content":"","name":"ad","attributes":{"named":{"label":"fullwidth"},"numeric":["fullwidth"]}},{"type":"contentString","content":"\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\u003cp>\u003c/p>\n\u003c/div>\u003c/p>","attributes":{"named":{},"numeric":[]}}],"link":"/news/80732/a-m-splash-243","authors":["1367"],"programs":["news_6944"],"categories":["news_8"],"tags":["news_782","news_424","news_2918","news_450","news_694"],"label":"news_6944"},"news_72852":{"type":"posts","id":"news_72852","meta":{"index":"posts_1591205157","site":"news","id":"72852","score":null,"sort":[1344641674000]},"guestAuthors":[],"slug":"video-appears-to-offer-peak-inside-hp-factory","title":"Video Appears to Offer Peek Inside HP Factory","publishDate":1344641674,"format":"aside","headTitle":"News Fix | KQED News","labelTerm":{"term":6944,"site":"news"},"content":"\u003cp>You may have wondered from time to time who made the device you are using to read this blog post. Now a video being circulated on the Internet apparently offers an unobstructed view.\u003c/p>\n\u003cp>\u003ciframe src=\"http://www.youtube.com/embed/nSXmUWbyGpQ?rel=0\" frameborder=\"0\" width=\"420\" height=\"315\">\u003c/iframe>\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>Nothing much happens in this video. AnteboyanROX, who posted it, \u003ca href=\"http://translate.google.com/#auto/en/%C3%96ppnade%20en%20ny%20HP%20laptop%20ur%20f%C3%B6rpackningen%20och%20skulle%20starta%20ig%C3%A5ng%20den%20men%20m%C3%A4rkte%20att%20den%20va%20redan%20installerad%20och%20klar%2C%20verkade%20lite%20konstigt!%20Letade%20runt%20i%20datorn%20och%20hittade%20efter%20ett%20tag%20en%20video%20bland%20%22Mina%20Dokument%22%20d%C3%A4r%20man%20kan%20se%20anst%C3%A4llda%20prova%20och%20testa%20HP%20datorer%20i%20n%C3%A5gon%20av%20deras%20favoriter!%20N%C3%A5gon%20gl%C3%B6mde%20visst%20att%20%C3%A5terst%C3%A4lla%20just%20denna%20datorn!\">explains\u003c/a> that he or she found the video on a Hewlett Packard laptop and surmised that someone made it to test the machine in the factory.\u003c/p>\n\u003cp>\u003ca href=\"http://redux.com/view/post/2333623/HP-testar-laptops-innan-leverans\">Redux\u003c/a> and other blogs say that the video was made in Quanta Chongqing Manufacturing City in Chongqing, China. Hewlett Packard's headquarters are in Palo Alto.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>So why is this of interest?\u003c/p>\n\u003cp>Human rights groups have raised questions about labor practices at factories in China that manufacture products for American computer companies, including Quanta Computer, reportedly the largest laptop maker in the world.\u003c/p>\n\u003cp>In February, \u003ca href=\"http://mobile.bloomberg.com/news/2012-02-14/apple-says-fair-labor-association-began-foxconn-inspection-3-\">Apple Computer reported\u003c/a> that it was auditing Quanta factories where its products are made, according to Bloomberg..\u003c/p>\n\u003cp>And in July, \u003ca href=\"http://digitalcommons.ilr.cornell.edu/cgi/viewcontent.cgi?article=2104&context=globaldocs\">China Labor Watch \u003c/a> reported violations at another Quanta factory, in Shanghai. Among the allegations: Workers at HP factories must stand for 10 hours at a time. Quanta hires underage workers. Works get only one or two days of rest per month.\u003c/p>\n\u003cp>This video doesn’t prove or disprove those allegations. But it does give the kind of fly-on-the-wall view that highly produced documentaries do not.\u003c/p>\n\u003cp>It's hard to evaluate the HP video. In the last couple of minutes, the images it shows are apparently manipulated to appear as if they were coming first out of a handheld device and next as if they were on a theater screen in front of an audience.\u003c/p>\n\u003cp>I called HP to see if the video is real. Spokesman Michael Thacker confirmed that Quanta manufacturers some of its hardware. And he said he had watched the video. “I don’t know where the video came from,” he said. \"I did not see anything that led me to believe one way or the other in its authenticity,\" he said.\u003c/p>\n\u003cp>I've also emailed Quanta, but have not yet heard back. \u003c/p>\n\u003cp>\u003c/p>\n\u003cp>So for now you'll just have to watch and decide for yourself whether you've had a realistic glimpse behind the screens we spend so much time watching.\u003c/p>\n\n","blocks":[],"excerpt":null,"status":"publish","parent":0,"modified":1344644869,"stats":{"hasAudio":false,"hasVideo":true,"hasChartOrMap":false,"iframeSrcs":[],"hasGoogleForm":false,"hasGallery":false,"hasHearkenModule":false,"hasPolis":false,"paragraphCount":16,"wordCount":377},"headData":{"title":"Video Appears to Offer Peek Inside HP Factory | KQED","description":"You may have wondered from time to time who made the device you are using to read this blog post. Now a video being circulated on the Internet apparently offers an unobstructed view. Nothing much happens in this video. AnteboyanROX, who posted it, explains that he or she found the video on a Hewlett Packard","ogTitle":"","ogDescription":"","ogImgId":"","twTitle":"","twDescription":"","twImgId":"","schema":{"@context":"http://schema.org","@type":"NewsArticle","headline":"Video Appears to Offer Peek Inside HP Factory","datePublished":"2012-08-10T23:34:34.000Z","dateModified":"2012-08-11T00:27:49.000Z","image":"https://cdn.kqed.org/wp-content/uploads/2020/02/KQED-OG-Image@1x.png","isAccessibleForFree":"Y","publisher":{"@type":"NewsMediaOrganization","@id":"https://www.kqed.org/#organization","name":"KQED","url":"https://www.kqed.org","logo":"https://cdn.kqed.org/wp-content/uploads/2020/02/KQED-OG-Image@1x.png"}}},"disqusIdentifier":"72852 http://ww2.kqed.org/news/?p=72852","disqusUrl":"https://ww2.kqed.org/news/2012/08/10/video-appears-to-offer-peak-inside-hp-factory/","disqusTitle":"Video Appears to Offer Peek Inside HP Factory","path":"/news/72852/video-appears-to-offer-peak-inside-hp-factory","audioTrackLength":null,"parsedContent":[{"type":"contentString","content":"\u003cdiv class=\"post-body\">\u003cp>\u003cp>You may have wondered from time to time who made the device you are using to read this blog post. Now a video being circulated on the Internet apparently offers an unobstructed view.\u003c/p>\n\u003cp>\u003ciframe src=\"http://www.youtube.com/embed/nSXmUWbyGpQ?rel=0\" frameborder=\"0\" width=\"420\" height=\"315\">\u003c/iframe>\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>Nothing much happens in this video. AnteboyanROX, who posted it, \u003ca href=\"http://translate.google.com/#auto/en/%C3%96ppnade%20en%20ny%20HP%20laptop%20ur%20f%C3%B6rpackningen%20och%20skulle%20starta%20ig%C3%A5ng%20den%20men%20m%C3%A4rkte%20att%20den%20va%20redan%20installerad%20och%20klar%2C%20verkade%20lite%20konstigt!%20Letade%20runt%20i%20datorn%20och%20hittade%20efter%20ett%20tag%20en%20video%20bland%20%22Mina%20Dokument%22%20d%C3%A4r%20man%20kan%20se%20anst%C3%A4llda%20prova%20och%20testa%20HP%20datorer%20i%20n%C3%A5gon%20av%20deras%20favoriter!%20N%C3%A5gon%20gl%C3%B6mde%20visst%20att%20%C3%A5terst%C3%A4lla%20just%20denna%20datorn!\">explains\u003c/a> that he or she found the video on a Hewlett Packard laptop and surmised that someone made it to test the machine in the factory.\u003c/p>\n\u003cp>\u003ca href=\"http://redux.com/view/post/2333623/HP-testar-laptops-innan-leverans\">Redux\u003c/a> and other blogs say that the video was made in Quanta Chongqing Manufacturing City in Chongqing, China. Hewlett Packard's headquarters are in Palo Alto.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>","attributes":{"named":{},"numeric":[]}},{"type":"component","content":"","name":"ad","attributes":{"named":{"label":"fullwidth"},"numeric":["fullwidth"]}},{"type":"contentString","content":"\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>So why is this of interest?\u003c/p>\n\u003cp>Human rights groups have raised questions about labor practices at factories in China that manufacture products for American computer companies, including Quanta Computer, reportedly the largest laptop maker in the world.\u003c/p>\n\u003cp>In February, \u003ca href=\"http://mobile.bloomberg.com/news/2012-02-14/apple-says-fair-labor-association-began-foxconn-inspection-3-\">Apple Computer reported\u003c/a> that it was auditing Quanta factories where its products are made, according to Bloomberg..\u003c/p>\n\u003cp>And in July, \u003ca href=\"http://digitalcommons.ilr.cornell.edu/cgi/viewcontent.cgi?article=2104&context=globaldocs\">China Labor Watch \u003c/a> reported violations at another Quanta factory, in Shanghai. Among the allegations: Workers at HP factories must stand for 10 hours at a time. Quanta hires underage workers. Works get only one or two days of rest per month.\u003c/p>\n\u003cp>This video doesn’t prove or disprove those allegations. But it does give the kind of fly-on-the-wall view that highly produced documentaries do not.\u003c/p>\n\u003cp>It's hard to evaluate the HP video. In the last couple of minutes, the images it shows are apparently manipulated to appear as if they were coming first out of a handheld device and next as if they were on a theater screen in front of an audience.\u003c/p>\n\u003cp>I called HP to see if the video is real. Spokesman Michael Thacker confirmed that Quanta manufacturers some of its hardware. And he said he had watched the video. “I don’t know where the video came from,” he said. \"I did not see anything that led me to believe one way or the other in its authenticity,\" he said.\u003c/p>\n\u003cp>I've also emailed Quanta, but have not yet heard back. \u003c/p>\n\u003cp>\u003c/p>\n\u003cp>So for now you'll just have to watch and decide for yourself whether you've had a realistic glimpse behind the screens we spend so much time watching.\u003c/p>\n\n\u003c/div>\u003c/p>","attributes":{"named":{},"numeric":[]}}],"link":"/news/72852/video-appears-to-offer-peak-inside-hp-factory","authors":["1367"],"programs":["news_6944"],"categories":["news_1758","news_248"],"tags":["news_713","news_450","news_694","news_2938","news_205","news_710","news_2937","news_150"],"label":"news_6944"},"news_40823":{"type":"posts","id":"news_40823","meta":{"index":"posts_1591205157","site":"news","id":"40823","score":null,"sort":[1316801505000]},"guestAuthors":[],"slug":"best-hp-related-tweet-so-far","title":"Best HP-Related Tweet So Far?","publishDate":1316801505,"format":"aside","headTitle":"Best HP-Related Tweet So Far? | KQED","labelTerm":{"term":6944,"site":"news"},"content":"\u003cp>Our Online Community Engagement Specialist Ian Hill, who is on Twitter \u003cem>a lot\u003c/em>, flagged it:\u003c/p>\n\u003cp>http://twitter.com/#!/brianalvey/status/117278000625618945\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>Yesterday, Mina Kim talked to Crawford Del Prete, analyst and executive vice president of International Data Corporation’s research group, about the company \u003ca href=\"http://ww2.kqed.org/news/2011/09/22/report-meg-whitman-close-to-taking-over-as-hp-ceo/\">shake-up\u003c/a>, which saw CEO Leo Apotheker ousted in favor of Meg Whitman. Listen \u003ca href=\"http://www.kqed.org/a/kqednews/RN201109221730/a\">here\u003c/a> or below:\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\u003cp>\u003c/p>\n","blocks":[],"excerpt":null,"status":"publish","parent":0,"modified":1685492276,"stats":{"hasAudio":false,"hasVideo":false,"hasChartOrMap":false,"iframeSrcs":[],"hasGoogleForm":false,"hasGallery":false,"hasHearkenModule":false,"hasPolis":false,"paragraphCount":5,"wordCount":64},"headData":{"title":"Best HP-Related Tweet So Far? | KQED","description":"Our Online Community Engagement Specialist Ian Hill, who is on Twitter a lot, flagged it: http://twitter.com/#!/brianalvey/status/117278000625618945 Yesterday, Mina Kim talked to Crawford Del Prete, analyst and executive vice president of International Data Corporation's research group, about the company shake-up, which saw CEO Leo Apotheker ousted in favor of Meg Whitman. Listen here or below:","ogTitle":"","ogDescription":"","ogImgId":"","twTitle":"","twDescription":"","twImgId":"","schema":{"@context":"http://schema.org","@type":"NewsArticle","headline":"Best HP-Related Tweet So Far?","datePublished":"2011-09-23T18:11:45.000Z","dateModified":"2023-05-31T00:17:56.000Z","image":"https://cdn.kqed.org/wp-content/uploads/2020/02/KQED-OG-Image@1x.png","isAccessibleForFree":"Y","publisher":{"@type":"NewsMediaOrganization","@id":"https://www.kqed.org/#organization","name":"KQED","url":"https://www.kqed.org","logo":"https://cdn.kqed.org/wp-content/uploads/2020/02/KQED-OG-Image@1x.png"}}},"templateType":"standard","featuredImageType":"standard","excludeFromSiteSearch":"Include","articleAge":"0","path":"/news/40823/best-hp-related-tweet-so-far","audioTrackLength":null,"parsedContent":[{"type":"contentString","content":"\u003cdiv class=\"post-body\">\u003cp>\u003cp>Our Online Community Engagement Specialist Ian Hill, who is on Twitter \u003cem>a lot\u003c/em>, flagged it:\u003c/p>\n\u003cp>http://twitter.com/#!/brianalvey/status/117278000625618945\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>Yesterday, Mina Kim talked to Crawford Del Prete, analyst and executive vice president of International Data Corporation’s research group, about the company \u003ca href=\"http://ww2.kqed.org/news/2011/09/22/report-meg-whitman-close-to-taking-over-as-hp-ceo/\">shake-up\u003c/a>, which saw CEO Leo Apotheker ousted in favor of Meg Whitman. Listen \u003ca href=\"http://www.kqed.org/a/kqednews/RN201109221730/a\">here\u003c/a> or below:\u003c/p>\n\u003cp>\u003c/p>\u003c/div>","attributes":{"named":{},"numeric":[]}},{"type":"component","content":"","name":"ad","attributes":{"named":{"label":"fullwidth"},"numeric":["fullwidth"]}},{"type":"contentString","content":"\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\u003cp>\u003c/p>\n\u003c/div>\u003c/p>","attributes":{"named":{},"numeric":[]}}],"link":"/news/40823/best-hp-related-tweet-so-far","authors":["80"],"programs":["news_6944"],"categories":["news_1758","news_248"],"tags":["news_450","news_26"],"label":"news_6944"},"news_40511":{"type":"posts","id":"news_40511","meta":{"index":"posts_1591205157","site":"news","id":"40511","score":null,"sort":[1316619849000]},"guestAuthors":[],"slug":"bloomberg-hp-board-said-to-weigh-replacing-apotheker-as-ceo-with-meg-whitman","title":"Bloomberg: HP Board Said to Weigh Replacing Apotheker as CEO With Meg Whitman; Shares Soar","publishDate":1316619849,"format":"aside","headTitle":"News Fix | KQED News","labelTerm":{"term":6944,"site":"news"},"content":"\u003cp>\u003ca href=\"http://www.bloomberg.com/news/2011-09-21/hp-s-board-is-said-to-weigh-ousting-apotheker-after-less-than-year-as-ceo.html\">\u003cstrong>Report from Bloomberg here\u003c/strong>\u003c/a>...\u003c/p>\n\u003cblockquote>\u003cp>Hewlett-Packard Co. (HPQ)’s board plans to meet to consider whether to oust Leo Apotheker as chief executive officer after less than 11 months on the job, two people familiar with the matter said.\u003c/p>\n\u003cp>Under a scenario being considered, Hewlett-Packard’s directors may appoint former EBay Inc. (EBAY) CEO Meg Whitman as his successor, possibly on an interim basis, said one of the people, who asked not to be named because the plans aren’t public. \u003ca href=\"http://www.bloomberg.com/news/2011-09-21/hp-s-board-is-said-to-weigh-ousting-apotheker-after-less-than-year-as-ceo.html\">Full story\u003c/a>\u003c/p>\u003c/blockquote>\n\u003cp>And in a vote of non-confidence from the market, HP shares spiked over seven percent when the news broke. \u003ca href=\"http://finance.yahoo.com/echarts?s=HPQ+Interactive#chart1:symbol=hpq;range=1d;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=off;source=undefined\">\u003cstrong>Check out this chart\u003c/strong>\u003c/a>....\u003c/p>\n\u003cp>\u003ca href=\"http://finance.yahoo.com/q?s=hpq\">\u003cimg src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2011/09/hpstock.jpg\" alt=\"\" title=\"hpstock\" width=\"403\" height=\"299\" class=\"aligncenter size-full wp-image-40518\">\u003c/a>\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\u003cp>\u003c/p>\n","blocks":[],"excerpt":null,"status":"publish","parent":0,"modified":1316620431,"stats":{"hasAudio":false,"hasVideo":false,"hasChartOrMap":false,"iframeSrcs":[],"hasGoogleForm":false,"hasGallery":false,"hasHearkenModule":false,"hasPolis":false,"paragraphCount":7,"wordCount":113},"headData":{"title":"Bloomberg: HP Board Said to Weigh Replacing Apotheker as CEO With Meg Whitman; Shares Soar | KQED","description":"Report from Bloomberg here... Hewlett-Packard Co. (HPQ)’s board plans to meet to consider whether to oust Leo Apotheker as chief executive officer after less than 11 months on the job, two people familiar with the matter said. Under a scenario being considered, Hewlett-Packard’s directors may appoint former EBay Inc. (EBAY) CEO Meg Whitman as his","ogTitle":"","ogDescription":"","ogImgId":"","twTitle":"","twDescription":"","twImgId":"","schema":{"@context":"http://schema.org","@type":"NewsArticle","headline":"Bloomberg: HP Board Said to Weigh Replacing Apotheker as CEO With Meg Whitman; Shares Soar","datePublished":"2011-09-21T15:44:09.000Z","dateModified":"2011-09-21T15:53:51.000Z","image":"https://cdn.kqed.org/wp-content/uploads/2020/02/KQED-OG-Image@1x.png","isAccessibleForFree":"Y","publisher":{"@type":"NewsMediaOrganization","@id":"https://www.kqed.org/#organization","name":"KQED","url":"https://www.kqed.org","logo":"https://cdn.kqed.org/wp-content/uploads/2020/02/KQED-OG-Image@1x.png"}}},"disqusIdentifier":"40511 http://ww2.kqed.org/news/?p=40511","disqusUrl":"https://ww2.kqed.org/news/2011/09/21/bloomberg-hp-board-said-to-weigh-replacing-apotheker-as-ceo-with-meg-whitman/","disqusTitle":"Bloomberg: HP Board Said to Weigh Replacing Apotheker as CEO With Meg Whitman; Shares Soar","path":"/news/40511/bloomberg-hp-board-said-to-weigh-replacing-apotheker-as-ceo-with-meg-whitman","audioTrackLength":null,"parsedContent":[{"type":"contentString","content":"\u003cdiv class=\"post-body\">\u003cp>\u003cp>\u003ca href=\"http://www.bloomberg.com/news/2011-09-21/hp-s-board-is-said-to-weigh-ousting-apotheker-after-less-than-year-as-ceo.html\">\u003cstrong>Report from Bloomberg here\u003c/strong>\u003c/a>...\u003c/p>\n\u003cblockquote>\u003cp>Hewlett-Packard Co. (HPQ)’s board plans to meet to consider whether to oust Leo Apotheker as chief executive officer after less than 11 months on the job, two people familiar with the matter said.\u003c/p>\n\u003cp>Under a scenario being considered, Hewlett-Packard’s directors may appoint former EBay Inc. (EBAY) CEO Meg Whitman as his successor, possibly on an interim basis, said one of the people, who asked not to be named because the plans aren’t public. \u003ca href=\"http://www.bloomberg.com/news/2011-09-21/hp-s-board-is-said-to-weigh-ousting-apotheker-after-less-than-year-as-ceo.html\">Full story\u003c/a>\u003c/p>\u003c/blockquote>\n\u003cp>And in a vote of non-confidence from the market, HP shares spiked over seven percent when the news broke. \u003ca href=\"http://finance.yahoo.com/echarts?s=HPQ+Interactive#chart1:symbol=hpq;range=1d;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=off;source=undefined\">\u003cstrong>Check out this chart\u003c/strong>\u003c/a>....\u003c/p>\n\u003cp>\u003ca href=\"http://finance.yahoo.com/q?s=hpq\">\u003cimg src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2011/09/hpstock.jpg\" alt=\"\" title=\"hpstock\" width=\"403\" height=\"299\" class=\"aligncenter size-full wp-image-40518\">\u003c/a>\u003c/p>\n\u003cp>\u003c/p>\u003c/div>","attributes":{"named":{},"numeric":[]}},{"type":"component","content":"","name":"ad","attributes":{"named":{"label":"fullwidth"},"numeric":["fullwidth"]}},{"type":"contentString","content":"\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\u003cp>\u003c/p>\n\u003c/div>\u003c/p>","attributes":{"named":{},"numeric":[]}}],"link":"/news/40511/bloomberg-hp-board-said-to-weigh-replacing-apotheker-as-ceo-with-meg-whitman","authors":["80"],"programs":["news_6944"],"categories":["news_1758","news_248"],"tags":["news_450","news_26"],"label":"news_6944"},"news_37636":{"type":"posts","id":"news_37636","meta":{"index":"posts_1591205157","site":"news","id":"37636","score":null,"sort":[1313762472000]},"guestAuthors":[],"slug":"morning-splash-196","title":"Morning Splash: Obama Administration to Allow Some Illegal Immigrants to Work; HP May Sell PC Business; San Rafael Hotel Gunman Found Dead","publishDate":1313762472,"format":"aside","headTitle":"News Fix | KQED News","labelTerm":{"term":6944,"site":"news"},"content":"\u003cp>\u003cimg class=\"alignright size-medium wp-image-567\" title=\"coffee \" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2010/10/89687195-300x200.jpg\" alt=\"\" width=\"150\" height=\"100\">\u003c/p>\n\u003cul>\n\u003cli>\u003ca href=\"http://www.mercurynews.com/politics-government/ci_18712324?nclick_check=1\">Government will stop deporting some illegal immigrants, allow them to work\u003c/a> (Contra Costa Times)\u003cbr>\n\u003cblockquote>\u003cp>The government will stop deporting many students and other illegal immigrants who are not a public safety threat and permit them to work in the country legally, the Obama administration announced Thursday. A new federal group will review the 300,000 backlogged deportation cases with an eye toward prosecuting criminals and other high-priority cases. But authorities will effectively close the cases of many upstanding high school and college students who were brought here illegally, military veterans, and adults with no criminal record and strong family ties to the United States.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.mercurynews.com/news/ci_18708114\">Hewlett-Packard to explore sale of PC business and to buy British company for $10 billion\u003c/a> (San Jose Mercury News)\u003cbr>\n\u003cblockquote>\u003cp>In a flurry of stunning announcements, Hewlett-Packard said Thursday that it's exploring the sale or spinoff of its vaunted personal computer business and admitted defeat in its short-lived effort to promote a rival version of Apple's wildly popular iPad. HP also said it will buy the British business software company Autonomy for about $10.2 billion, as the Palo Alto tech giant increasingly shifts ts focus to more profitable commercial computing products and services, an arena where it is increasingly clashing with Oracle and IBM.\u003c/p>\u003c/blockquote>\n\u003c/li>\u003cli>\u003ca href=\"http://www.insidebayarea.com/news/ci_18711587\">Feds and NUMMI reach $6 million settlement over payments to disabled auto workers\u003c/a> (Oakland Tribune)\u003cbr>\n\u003cblockquote>\u003cp>Ending a painful chapter for hundreds of disabled workers at the defunct NUMMI auto factory in Fremont, automobile executives have agreed to a $6 million settlement to help the employees, federal officials said Thursday. An estimated 500 disabled workers claimed that Toyota and New United Motor Manufacturing Inc. discriminated against them by giving them much smaller severance packages than the companies offered nearly all the other employees at the auto factory.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.marinij.com/marinnews/ci_18709883\">San Rafael hotel gunman dead; girlfriend found in other room\u003c/a> (Marin Independent Journal)\u003cbr>\n\u003cblockquote>\u003cp>An assault suspect who barricaded himself in a San Rafael hotel room was found dead Thursday of an apparent self-inflicted gunshot wound, police said. The man was identified as Peter James Thomas, 38, who was suspected of slashing several employees with a knife during a shoplifting incident Sunday at United Markets in San Rafael. His last communication with police was late Wednesday night.\u003c/p>\u003c/blockquote>\n\u003c/li>\u003cli>\u003ca href=\"http://www.marinij.com/marinnews/ci_18711314\">Fairfax sales tax one of eight Marin tax measures on the Nov. 8 ballot\u003c/a> (Marin Independent Journal)\u003cbr>\n\u003cblockquote>\u003cp>Marin voters will be asked to approve taxes to support municipal services, local schools, paramedic services and fire protection when they go to polls on Nov. 8. In addition to Measure D, which asks Fairfax residents to approve a half-cent sales tax to help pay for general town services, there will be seven other measures on the ballot seeking to create, renew or increase taxes.\u003c/p>\u003c/blockquote>\n\u003c/li>\u003cli>\u003ca href=\"http://www.mercurynews.com/health/ci_18711672\">Region in San Jose to be fogged for mosquitoes\u003c/a> (San Jose Mercury News)\u003cbr>\n\u003cblockquote>\u003cp>The Santa Clara County Vector Control District is scheduled to fog the 95136 ZIP code of San Jose after adult mosquitoes collected in the area tested positive for West Nile virus. In order to prevent the virus from spreading to humans, the district will apply insecticide to the area for several hours on Tuesday starting at 11 p.m. The area undergoing the fogging is roughly bordered by Hillsdale Avenue to the north, Glenmont Drive to the west, Monterey Road to the east, and Highway 85 to the south. \u003c/p>\u003c/blockquote>\n\u003c/li>\u003cli>\u003ca href=\"http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/08/19/MNEF1KO6S1.DTL&tsp=1\">Yee's casino fundraiser raises questions\u003c/a> (SF Chronicle)\u003cbr>\n\u003cblockquote>\u003cp>State Sen. Leland Yee, who has vowed not to \"wine and dine\" City Hall power brokers, raised more than $11,000 for his San Francisco mayoral campaign during a steak-and-lobster dinner at a Colma casino that has been one of his major political donors, according to campaign finance documents and people who attended the event. Yee's latest campaign finance reports make no mention of payment for the June $125-a-plate meal at the Lucky Chances casino, although after a Chronicle inquiry his campaign provided an invoice and copies of a check covering at least part of the event.\u003c/p>\n\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/08/19/BAB51KP2LG.DTL\">Kaiser workers at stake in union battle\u003c/a> (SF Chronicle)\u003cbr>\n\u003cblockquote>\u003cp>...The National Union of Healthcare Workers filed new evidence Thursday with federal officials alleging that rival Service Employees International Union-United Healthcare Workers West is colluding with the health care giant to sway worker allegiance in what continues to be a highly contested dispute. The filing comes after the National Labor Relations Board on Aug. 10 ordered a rerun of last fall's elections involving more than 44,000 Kaiser employees after discounting the results due to allegations of misconduct.\u003c/p>\n\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.baycitizen.org/housing/story/state-cracks-down-unscrupulous-mortgage/\">State Cracks Down on Unscrupulous Mortgage Lawyers\u003c/a> (Bay Citizen)\u003cbr>\n\u003cblockquote>\u003cp>California Attorney General Kamala Harris stood before a bank of news cameras Thursday morning and declared war on unscrupulous lawyers. The occasion: a new lawsuit against three Southern California law firms, who stand accused of taking millions of dollars from homeowners who expected the lawyers to help them get mortgage relief. But the attorneys simply pocketed the money, Harris said.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.pressdemocrat.com/article/20110818/ARTICLES/110819480/1350?Title=Santa-Rosa-mayor-defends-kids-handling-SWAT-weapons\">Santa Rosa mayor defends kids handling SWAT weapons\u003c/a> (Santa Rosa Press Democrat)\u003cbr>\n\u003cblockquote>\u003cp>Santa Rosa Mayor Ernesto Olivares supports the decision by police to allow young children to handle fully automatic weapons during a recent community outreach event in the South Park neighborhood. The retired Santa Rosa police lieutenant said he helped organize the first such event three years ago and said it was “unfortunate” that critics have characterized the SWAT team display as inappropriate.\u003c/p>\u003c/blockquote>\n\u003c/li>\u003cli>\u003ca href=\"http://www.baycitizen.org/jobs/story/green-jobs-predictions-proving-pipe/\">Green Jobs Predictions Proving a Pipe Dream\u003c/a> (Bay Citizen)\u003cbr>\n\u003cblockquote>\u003cp>...In the Bay Area as in much of the country, the green economy is not proving to be the job-creation engine that many politicians envisioned. President Obama once pledged to create five million green jobs over 10 years. Gov. Jerry Brown promised 500,000 clean-technology jobs statewide by the end of the decade. But the results so far suggest such numbers are a pipe dream.\n\u003c/p>\u003c/blockquote>\n\u003c/li>\u003cli>\u003ca href=\"http://www.insidebayarea.com/top-stories/ci_18710199\">Handicapping the race to land the 49ers, Raiders -- or both\u003c/a> (Bay Area News Group)\u003cbr>\n\u003cblockquote>\u003cp>As football fans gear up for Saturday's annual preseason battle between the Bay Area's NFL rivals, the 49ers and Raiders are joining forces off the field to discuss sharing a stadium as part of the billion dollar question no one can seem to answer: Where will the two teams play their home games five years from now? Four California cities are vying to build new stadiums in hopes of luring one or both of the teams, with the eyes of millions of fans and taxpayers trained on the debate and untold riches and national prestige at stake.\u003c/p>\u003c/blockquote>\n\u003c/li>\u003c/ul>\n\u003cp>[ad fullwidth]\u003c/p>\u003cp>[ad floatright]\u003c/p>\n","blocks":[],"excerpt":null,"status":"publish","parent":0,"modified":1313763939,"stats":{"hasAudio":false,"hasVideo":false,"hasChartOrMap":false,"iframeSrcs":[],"hasGoogleForm":false,"hasGallery":false,"hasHearkenModule":false,"hasPolis":false,"paragraphCount":15,"wordCount":1099},"headData":{"title":"Morning Splash: Obama Administration to Allow Some Illegal Immigrants to Work; HP May Sell PC Business; San Rafael Hotel Gunman Found Dead | KQED","description":"Government will stop deporting some illegal immigrants, allow them to work (Contra Costa Times) The government will stop deporting many students and other illegal immigrants who are not a public safety threat and permit them to work in the country legally, the Obama administration announced Thursday. A new federal group will review the 300,000 backlogged","ogTitle":"","ogDescription":"","ogImgId":"","twTitle":"","twDescription":"","twImgId":"","schema":{"@context":"http://schema.org","@type":"NewsArticle","headline":"Morning Splash: Obama Administration to Allow Some Illegal Immigrants to Work; HP May Sell PC Business; San Rafael Hotel Gunman Found Dead","datePublished":"2011-08-19T14:01:12.000Z","dateModified":"2011-08-19T14:25:39.000Z","image":"https://cdn.kqed.org/wp-content/uploads/2020/02/KQED-OG-Image@1x.png","isAccessibleForFree":"Y","publisher":{"@type":"NewsMediaOrganization","@id":"https://www.kqed.org/#organization","name":"KQED","url":"https://www.kqed.org","logo":"https://cdn.kqed.org/wp-content/uploads/2020/02/KQED-OG-Image@1x.png"}}},"disqusIdentifier":"37636 http://ww2.kqed.org/news/?p=37636","disqusUrl":"https://ww2.kqed.org/news/2011/08/19/morning-splash-196/","disqusTitle":"Morning Splash: Obama Administration to Allow Some Illegal Immigrants to Work; HP May Sell PC Business; San Rafael Hotel Gunman Found Dead","path":"/news/37636/morning-splash-196","audioTrackLength":null,"parsedContent":[{"type":"contentString","content":"\u003cdiv class=\"post-body\">\u003cp>\u003cp>\u003cimg class=\"alignright size-medium wp-image-567\" title=\"coffee \" src=\"http://ww2.kqed.org/news/wp-content/uploads/sites/10/2010/10/89687195-300x200.jpg\" alt=\"\" width=\"150\" height=\"100\">\u003c/p>\n\u003cul>\n\u003cli>\u003ca href=\"http://www.mercurynews.com/politics-government/ci_18712324?nclick_check=1\">Government will stop deporting some illegal immigrants, allow them to work\u003c/a> (Contra Costa Times)\u003cbr>\n\u003cblockquote>\u003cp>The government will stop deporting many students and other illegal immigrants who are not a public safety threat and permit them to work in the country legally, the Obama administration announced Thursday. A new federal group will review the 300,000 backlogged deportation cases with an eye toward prosecuting criminals and other high-priority cases. But authorities will effectively close the cases of many upstanding high school and college students who were brought here illegally, military veterans, and adults with no criminal record and strong family ties to the United States.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.mercurynews.com/news/ci_18708114\">Hewlett-Packard to explore sale of PC business and to buy British company for $10 billion\u003c/a> (San Jose Mercury News)\u003cbr>\n\u003cblockquote>\u003cp>In a flurry of stunning announcements, Hewlett-Packard said Thursday that it's exploring the sale or spinoff of its vaunted personal computer business and admitted defeat in its short-lived effort to promote a rival version of Apple's wildly popular iPad. HP also said it will buy the British business software company Autonomy for about $10.2 billion, as the Palo Alto tech giant increasingly shifts ts focus to more profitable commercial computing products and services, an arena where it is increasingly clashing with Oracle and IBM.\u003c/p>\u003c/blockquote>\n\u003c/li>\u003cli>\u003ca href=\"http://www.insidebayarea.com/news/ci_18711587\">Feds and NUMMI reach $6 million settlement over payments to disabled auto workers\u003c/a> (Oakland Tribune)\u003cbr>\n\u003cblockquote>\u003cp>Ending a painful chapter for hundreds of disabled workers at the defunct NUMMI auto factory in Fremont, automobile executives have agreed to a $6 million settlement to help the employees, federal officials said Thursday. An estimated 500 disabled workers claimed that Toyota and New United Motor Manufacturing Inc. discriminated against them by giving them much smaller severance packages than the companies offered nearly all the other employees at the auto factory.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.marinij.com/marinnews/ci_18709883\">San Rafael hotel gunman dead; girlfriend found in other room\u003c/a> (Marin Independent Journal)\u003cbr>\n\u003cblockquote>\u003cp>An assault suspect who barricaded himself in a San Rafael hotel room was found dead Thursday of an apparent self-inflicted gunshot wound, police said. The man was identified as Peter James Thomas, 38, who was suspected of slashing several employees with a knife during a shoplifting incident Sunday at United Markets in San Rafael. His last communication with police was late Wednesday night.\u003c/p>\u003c/blockquote>\n\u003c/li>\u003cli>\u003ca href=\"http://www.marinij.com/marinnews/ci_18711314\">Fairfax sales tax one of eight Marin tax measures on the Nov. 8 ballot\u003c/a> (Marin Independent Journal)\u003cbr>\n\u003cblockquote>\u003cp>Marin voters will be asked to approve taxes to support municipal services, local schools, paramedic services and fire protection when they go to polls on Nov. 8. In addition to Measure D, which asks Fairfax residents to approve a half-cent sales tax to help pay for general town services, there will be seven other measures on the ballot seeking to create, renew or increase taxes.\u003c/p>\u003c/blockquote>\n\u003c/li>\u003cli>\u003ca href=\"http://www.mercurynews.com/health/ci_18711672\">Region in San Jose to be fogged for mosquitoes\u003c/a> (San Jose Mercury News)\u003cbr>\n\u003cblockquote>\u003cp>The Santa Clara County Vector Control District is scheduled to fog the 95136 ZIP code of San Jose after adult mosquitoes collected in the area tested positive for West Nile virus. In order to prevent the virus from spreading to humans, the district will apply insecticide to the area for several hours on Tuesday starting at 11 p.m. The area undergoing the fogging is roughly bordered by Hillsdale Avenue to the north, Glenmont Drive to the west, Monterey Road to the east, and Highway 85 to the south. \u003c/p>\u003c/blockquote>\n\u003c/li>\u003cli>\u003ca href=\"http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/08/19/MNEF1KO6S1.DTL&tsp=1\">Yee's casino fundraiser raises questions\u003c/a> (SF Chronicle)\u003cbr>\n\u003cblockquote>\u003cp>State Sen. Leland Yee, who has vowed not to \"wine and dine\" City Hall power brokers, raised more than $11,000 for his San Francisco mayoral campaign during a steak-and-lobster dinner at a Colma casino that has been one of his major political donors, according to campaign finance documents and people who attended the event. Yee's latest campaign finance reports make no mention of payment for the June $125-a-plate meal at the Lucky Chances casino, although after a Chronicle inquiry his campaign provided an invoice and copies of a check covering at least part of the event.\u003c/p>\n\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/08/19/BAB51KP2LG.DTL\">Kaiser workers at stake in union battle\u003c/a> (SF Chronicle)\u003cbr>\n\u003cblockquote>\u003cp>...The National Union of Healthcare Workers filed new evidence Thursday with federal officials alleging that rival Service Employees International Union-United Healthcare Workers West is colluding with the health care giant to sway worker allegiance in what continues to be a highly contested dispute. The filing comes after the National Labor Relations Board on Aug. 10 ordered a rerun of last fall's elections involving more than 44,000 Kaiser employees after discounting the results due to allegations of misconduct.\u003c/p>\n\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.baycitizen.org/housing/story/state-cracks-down-unscrupulous-mortgage/\">State Cracks Down on Unscrupulous Mortgage Lawyers\u003c/a> (Bay Citizen)\u003cbr>\n\u003cblockquote>\u003cp>California Attorney General Kamala Harris stood before a bank of news cameras Thursday morning and declared war on unscrupulous lawyers. The occasion: a new lawsuit against three Southern California law firms, who stand accused of taking millions of dollars from homeowners who expected the lawyers to help them get mortgage relief. But the attorneys simply pocketed the money, Harris said.\u003c/p>\u003c/blockquote>\n\u003c/li>\n\u003cli>\u003ca href=\"http://www.pressdemocrat.com/article/20110818/ARTICLES/110819480/1350?Title=Santa-Rosa-mayor-defends-kids-handling-SWAT-weapons\">Santa Rosa mayor defends kids handling SWAT weapons\u003c/a> (Santa Rosa Press Democrat)\u003cbr>\n\u003cblockquote>\u003cp>Santa Rosa Mayor Ernesto Olivares supports the decision by police to allow young children to handle fully automatic weapons during a recent community outreach event in the South Park neighborhood. The retired Santa Rosa police lieutenant said he helped organize the first such event three years ago and said it was “unfortunate” that critics have characterized the SWAT team display as inappropriate.\u003c/p>\u003c/blockquote>\n\u003c/li>\u003cli>\u003ca href=\"http://www.baycitizen.org/jobs/story/green-jobs-predictions-proving-pipe/\">Green Jobs Predictions Proving a Pipe Dream\u003c/a> (Bay Citizen)\u003cbr>\n\u003cblockquote>\u003cp>...In the Bay Area as in much of the country, the green economy is not proving to be the job-creation engine that many politicians envisioned. President Obama once pledged to create five million green jobs over 10 years. Gov. Jerry Brown promised 500,000 clean-technology jobs statewide by the end of the decade. But the results so far suggest such numbers are a pipe dream.\n\u003c/p>\u003c/blockquote>\n\u003c/li>\u003cli>\u003ca href=\"http://www.insidebayarea.com/top-stories/ci_18710199\">Handicapping the race to land the 49ers, Raiders -- or both\u003c/a> (Bay Area News Group)\u003cbr>\n\u003cblockquote>\u003cp>As football fans gear up for Saturday's annual preseason battle between the Bay Area's NFL rivals, the 49ers and Raiders are joining forces off the field to discuss sharing a stadium as part of the billion dollar question no one can seem to answer: Where will the two teams play their home games five years from now? Four California cities are vying to build new stadiums in hopes of luring one or both of the teams, with the eyes of millions of fans and taxpayers trained on the debate and untold riches and national prestige at stake.\u003c/p>\u003c/blockquote>\n\u003c/li>\u003c/ul>\n\u003cp>\u003c/p>\u003c/div>","attributes":{"named":{},"numeric":[]}},{"type":"component","content":"","name":"ad","attributes":{"named":{"label":"fullwidth"},"numeric":["fullwidth"]}},{"type":"contentString","content":"\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\u003cp>\u003c/p>\u003c/div>","attributes":{"named":{},"numeric":[]}},{"type":"component","content":"","name":"ad","attributes":{"named":{"label":"floatright"},"numeric":["floatright"]}},{"type":"contentString","content":"\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003c/div>\u003c/p>","attributes":{"named":{},"numeric":[]}}],"link":"/news/37636/morning-splash-196","authors":["80"],"programs":["news_6944"],"categories":["news_8"],"tags":["news_450"],"label":"news_6944"},"news_17508":{"type":"posts","id":"news_17508","meta":{"index":"posts_1591205157","site":"news","id":"17508","score":null,"sort":[1298418339000]},"guestAuthors":[],"slug":"hp-earnings-report","title":"HP Shares Hammered","publishDate":1298418339,"format":"aside","headTitle":"News Fix | KQED News","labelTerm":{"term":6944,"site":"news"},"content":"\u003cp>\u003cem>Update Wed:\u003c/em> \u003ca href=\"http://www.google.com/finance?client=ob&q=NYSE:HPQ\">\u003cstrong>HP stock\u003c/strong>\u003c/a> is not doing much better this morning, down about 10 percent. \u003c/p>\n\u003cp>\u003cem>Original post\u003c/em>\u003cbr>\nHP \u003ca href=\"http://www.google.com/finance?client=ob&q=NYSE:HPQ\">\u003cstrong>shares\u003c/strong>\u003c/a> are getting \u003ca href=\"http://money.cnn.com/2011/02/22/technology/hp_earnings/\">hammered\u003c/a> after-hours after the company released it earnings report and a diminished sales outlook. The stock is down about 12 percent from its close.\u003c/p>\n\u003cp>The company cut its \u003ca href=\"http://finance.yahoo.com/news/HP-trims-2011-sales-forecast-rb-1513335077.html?x=0&sec=topStories&pos=main&asset=&ccode=\">revenue projection\u003c/a> from $132 to $133.5 billion down to $130 billion to $131.5 billion.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\u003cp>\u003c/p>\n","blocks":[],"excerpt":null,"status":"publish","parent":0,"modified":1298480054,"stats":{"hasAudio":false,"hasVideo":false,"hasChartOrMap":false,"iframeSrcs":[],"hasGoogleForm":false,"hasGallery":false,"hasHearkenModule":false,"hasPolis":false,"paragraphCount":5,"wordCount":68},"headData":{"title":"HP Shares Hammered | KQED","description":"Update Wed: HP stock is not doing much better this morning, down about 10 percent. Original post HP shares are getting hammered after-hours after the company released it earnings report and a diminished sales outlook. The stock is down about 12 percent from its close. The company cut its revenue projection from $132 to $133.5","ogTitle":"","ogDescription":"","ogImgId":"","twTitle":"","twDescription":"","twImgId":"","schema":{"@context":"http://schema.org","@type":"NewsArticle","headline":"HP Shares Hammered","datePublished":"2011-02-22T23:45:39.000Z","dateModified":"2011-02-23T16:54:14.000Z","image":"https://cdn.kqed.org/wp-content/uploads/2020/02/KQED-OG-Image@1x.png","isAccessibleForFree":"Y","publisher":{"@type":"NewsMediaOrganization","@id":"https://www.kqed.org/#organization","name":"KQED","url":"https://www.kqed.org","logo":"https://cdn.kqed.org/wp-content/uploads/2020/02/KQED-OG-Image@1x.png"}}},"disqusIdentifier":"17508 http://ww2.kqed.org/news/?p=17508","disqusUrl":"https://ww2.kqed.org/news/2011/02/22/hp-earnings-report/","disqusTitle":"HP Shares Hammered","path":"/news/17508/hp-earnings-report","audioTrackLength":null,"parsedContent":[{"type":"contentString","content":"\u003cdiv class=\"post-body\">\u003cp>\u003cp>\u003cem>Update Wed:\u003c/em> \u003ca href=\"http://www.google.com/finance?client=ob&q=NYSE:HPQ\">\u003cstrong>HP stock\u003c/strong>\u003c/a> is not doing much better this morning, down about 10 percent. \u003c/p>\n\u003cp>\u003cem>Original post\u003c/em>\u003cbr>\nHP \u003ca href=\"http://www.google.com/finance?client=ob&q=NYSE:HPQ\">\u003cstrong>shares\u003c/strong>\u003c/a> are getting \u003ca href=\"http://money.cnn.com/2011/02/22/technology/hp_earnings/\">hammered\u003c/a> after-hours after the company released it earnings report and a diminished sales outlook. The stock is down about 12 percent from its close.\u003c/p>\n\u003cp>The company cut its \u003ca href=\"http://finance.yahoo.com/news/HP-trims-2011-sales-forecast-rb-1513335077.html?x=0&sec=topStories&pos=main&asset=&ccode=\">revenue projection\u003c/a> from $132 to $133.5 billion down to $130 billion to $131.5 billion.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>","attributes":{"named":{},"numeric":[]}},{"type":"component","content":"","name":"ad","attributes":{"named":{"label":"fullwidth"},"numeric":["fullwidth"]}},{"type":"contentString","content":"\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\u003cp>\u003c/p>\n\u003c/div>\u003c/p>","attributes":{"named":{},"numeric":[]}}],"link":"/news/17508/hp-earnings-report","authors":["80"],"programs":["news_6944"],"categories":["news_1758","news_248"],"tags":["news_450","news_694"],"label":"news_6944"}},"programsReducer":{"possible":{"id":"possible","title":"Possible","info":"Possible is hosted by entrepreneur Reid Hoffman and writer Aria Finger. 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