No recovery in Silicon Valley so far:
Employers in Santa Clara and San Benito counties added 200 jobs to their payrolls in August. But compared to a year ago, Silicon Valley has 2,400 fewer jobs, a decrease of 0.3 percent. Economists say the annual comparison is more important than the monthly one, which is easily swayed by seasonal shifts in employment. And for the past five months, the year-over-year changes has stayed fairly close to zero, wavering on either side of it.
But the stock-scammers are still active:
EBay Inc. said it agreed to acquire Internet-calling start-up Skype Technologies SA for about $2.6 billion in cash and stock, posing a new threat to phone companies and expanding the online-auction company’s revenue sources.
Somebody’s smoking drugs at EBay.