So long Silicon Valley. These days entrepreneurs and engineers are flocking to a place better known for wave surfing than Web surfing. Amid the palm trees and purple sunsets of the Southern California coastline, techies have built “Silicon Beach.”
While Netflix Inc. has made some questionable moves and seen its shares tumble more than 60 percent this year; recent headlines would make you believe that the company is on the verge of bankruptcy.
Google is teaming up with Intel Corp. and Sony to create and launch a “Google TV” platform of products to bring Internet and dynamic applications to the living room.