irrational exuberance
Google shareholders, here's something to watch as you wait for the company to announce its earnings: Your investment dollars at work
throwing a party for the opening of Google's downtown Austin office. "The Googletinis were flowing and the buffet featured Hill Country rattlesnake cakes with pistachio nut crust and lobster risotto stuffed mushrooms," reports the
Austin American-Statesman. Then again, it does house some engineers working on AdWords, the only thing at Google actually generating enough revenue to be worth mentioning in a quarterly earnings call.
irrational exuberance
The infamous Camp Cyprus 20 are
trickling back home. And they feel fine. The twentysomethings of Camp Cyprus work at companies like Google, Facebook, and Blip.tv, all of which make a business of moving our lives online. They gathered at the Cyprus vacation home of Wall Street banker Bob Lessin, overlooking the wine-dark Mediterranean, at the invitation of his startup-founder son, Sam, for a vacation. And in this hyperconnected age, they must surely be aware that a lip-synching video they made of their trip was an Internet sensation,
marking the end of an era. If they feel any shame for popping the Web 2.0 bubble, they are not blogging, Tumblring, Twittering, or FriendFeeding it. The only concession to embarrassment over the incident was making the video private — and of course, it promptly resurfaced on YouTube and elsewhere.
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larry and sergey
How many planes does one man need? Or, more precisely, three men? Google cofounders Larry Page and Sergey Brin already own, with CEO Eric Schmidt, an extensively remodeled 767, pictured here
in New Zealand. Schmidt, by himself, owns at least one Gulfstream V (some reports say
he has two). But we now hear that the Google trio are buying a 757. While smaller than the widebody 767, the 757 is still a commercial airliner, considerably bigger than most private jets. So why would Page, Brin, and Schmidt need four planes between them?
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irrational exuberance
It's easy to get a little expense report-happy when faceless shareholders are footing the bill, but $90,000? That's no round of after-work drinks.
Bernadette Escue allegedly wracked up these exorbitant fees on her Network Appliance corporate card. A travel manager at the Sunnyvale data center, Escue came under suspicion on allegations of wire fraud after a $12,000 tuition charge for San Francisco's Drew Preparatory School showed up on the corporate tab.
Valleywag
