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Silicon Valley derives its name from the silicon used in transistors and computer chips, pioneered in the region in the 20th century. However, the term did not gain widespread use until the early 1980s, [ 1 ] at the time of the introduction of the IBM PC and numerous related hardware and software products to the consumer market.
Partly as a result of Shockley's attempts to commercialize a new transistor design in the 1950s and 1960s, California's Silicon Valley became a hotbed of electronics innovation. He recruited brilliant employees, but quickly alienated them with his autocratic and erratic management; they left and founded major companies in the industry.
Robert Norton Noyce (December 12, 1927 – June 3, 1990), nicknamed "the Mayor of Silicon Valley", was an American physicist and entrepreneur who co-founded Fairchild Semiconductor in 1957 and Intel Corporation in 1968.
Malcolm Harris, the author of Palo Alto: A History of California, Capitalism, and the World, explains the cycles of capitalism in Silicon Valley. A Complete—Tireless, Even!—Journey Into ...
Wednesday, April 5, 2023. Silicon Valley is kissing some of its over-the-top perks goodbye. For years one of the defining benefits of scoring a job in Silicon Valley has been the over-the-top perks.
Customers line up outside of the Silicon Valley Bank headquarters, waiting to speak with representatives, in Santa Clara, California, U.S., March 13, 2023. REUTERS/Brittany Hosea-Small (Brittany ...
SRI International and Xerox PARC in Silicon Valley helped give birth to the personal computer industry, while ARPA and NASA funded the development of the ARPANET and the Internet. Companies like IBM and Apple Computer developed personal computers while Microsoft created operating systems and office productivity software to run on them.
The late 1990s were a boom time for the venture capital, as firms on Sand Hill Road in Menlo Park and Silicon Valley benefited from a huge surge of interest in the nascent Internet and other computer technologies. Initial public offerings of stock for technology and other growth companies were in abundance and venture firms were reaping large ...