February 11, 2010

Silicon Valley Faces Rough Road to Recovery

Lance Whitney

Region's high-tech dominance at risk.

Hit by the recession, overseas competition, and political gridlock in California, Silicon Valley–a region virtually synonymous with the high-tech industry–has lost its competitive edge and appeal, according to the “2010 Silicon Valley Index” released Thursday by Joint Venture: Silicon Valley Network and the Silicon Valley Community Foundation. As a result, the region has been less able to attract and retain talented workers, leaving it at a standstill with recovery uncertain.

Full story at CNET News

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