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Silicon Valley, Financial Timeline Monday, October 6     Author
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Apple has biggest tech industry cash pile
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May 2008 ... more > Top ^

May.12   San Jose City Hall
  San Jose officials plan on turning to collection agencies as they work on reducing $137 million budget deficit
May.5   Apple
  It historically has belonged to Microsoft. Apple's balance has been reaching $19.4 billion as a result of the cash generated by Mac and iPod

April 2008 ... more > Top ^

Apr.18   San Jose IRS asks for charges against ex-CFO
  Government investigators have filed a criminal complaint against Sharlene Abrams of Mercury Interactive accusing her of tax evasion

January 2008 ... more > Top ^

Jan.15   San Jose   Governor Talks Budget To Silicon Valley
  Schwarzenegger told a group of business and government leaders that the state's budget deficit is not as large as the media portrayed it

year 2007 Top ^

Jul.29   San Jose Employee pay, benefits soar in County  Average employee pay and benefit costs have soared even as Santa Clara County county cuts jobs and services to close a $227 million deficit Jun.1   Santa Clara Study Paints 49ers Stadium As Cash Cow  A report released by the city: A football stadium would bring $85 million annually to Santa Clara

year 2006 Top ^

Jun.29   Google Google to introduce PayPal alternative  The online payment service will allow people to buy products from a variety of merchants using a single account Jun.21   San Jose City Hall City Approves $2.6 Billion Budget  The budget closes a $35 million deficit and gives more money to police and neighborhood initiatives Apr.28   Intel $1 billion cut in expenses by end of year  The corporation will be conducting a comprehensive review of its operations

year 2005 Top ^

Dec.13   San Jose City Residents Top List Of Best Savers  The investment firm A.G. Edwards's 'Nest Egg Index' looked at 318 metropolitan areas Sep.30   Mountain View Officials say Google dodging taxes  The city and county officials say Google dodging taxes by building on federal land Aug.31   San Jose County household incomes dropped 13%  The incomes have dropped due to the real estate bubble and the lingering effects of the dot-com crash Mar.16   San Jose City Hall   Mayor released budget recommendations  Ron Gonzales released his recommendations for the 2005-2006, addressing a projected budget shortfall of $57 million

year 2004 Top ^

Oct.11   eBay Software glitch disrupts PayPal service
  The widely used online payment service struggled to get customers back on track after several days of outages
Jun.19   San Jose Supervisors Approve Trimmed Budget  The Santa Clara County has passed a budget without raising taxes but that may be an option in the near future May.4   San Jose City Hall Proposed $725.2 million budget cuts 12%  The city manager calls for more layoffs and imposes a new 911 telephone fee Mar.15   Mountain View Veritas to restate results  Veritas Software has uncovered a series of accounting abuses that will force to recalculate its results for the past 3 years Feb.23   Intel IRS auditing 2001, 2002 returns  The Internal Revenue Service review got underway last month Jan.15   San Jose City Hall Painful Budget Cuts Expected  The city faces a record deficit of $85 million. Police and fire stations may have to close

year 2003 Top ^

Dec.16   Santa Clara County supervisors tackles budget crisis  The Board of Supervisors voted to halt millions of dollars worth of projects and to plan for budget cuts Sep.29   Sun $1.05 billion charge for fiscal 4th quarter  Sun Microsystems revised its quarter results after realizing its first-quarter loss will be greater than expected



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