Now Oracle’s exiting California for Texas. Will the last one in Silicon Valley, please turn out the lights?

If the outbound migration from Silicon Valley to Texas continues at its current clip, we may soon see a sign on southbound Highway 101 “Will the Last One in Silicon Valley, Please Turn Out the Lights?” (although California’s frequent blackouts might render the sign redundant). Just 11 days after Hewlett Packard Enterprise, part of the firm that created Silicon...

December 13, 2020

Hewlett Packard packs up — Will California ever get fed up with losing to Texas?

Hewlett Packard Enterprise (HPE), the California firm that literally kickstarted Silicon Valley in a garage in 1939, is moving to Texas. The low-key announcement was made via an SEC filing on Dec. 1. If California’s anti-jobs policies, its high taxes, capricious regulatory enforcement, and blackout-inducing energy policy can chase out the company that launched Silicon Valley, is any...

December 3, 2020