February 11, 2010

Silicon Valley Faces Rough Road to Recovery

Lance Whitney

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

Sponsored Links