Inside Facebook's Big Move to Menlo Park

Facebook is holding a press conference later today to announce it will move to a campus in Menlo Park, Calif., that the company expects to become its long-term home.

Walt and Kara Tour the New MIT Media Lab: Geektastic!

Earlier this week, Walt Mossberg and I visited the new geek wonderland at the MIT Media Lab. Officially opened in early March and designed by Japanese architect Fumihiko Maki, the Cambridge, Mass.-based Massachusetts Institute of Technology complex has been in the works for a dozen years. Walt and I visited the new labs, checking out everything from a foldable City Car in the Smart Cities group to some really strange opera gloves in its music group, to…well, you’ll see.

Series Seed Documents Legal Guru Ted Wang Speaks! (Plus Get Your Free Term Sheet Here)

BoomTown finally got to meet Silicon Valley lawyer Ted Wang today, which was kind of a thrill since most tight-lipped attorneys run in the other direction when they see me coming. But Wang–who works for Fenwick & West and is a popular legal adviser to a spate of digital start-ups, such as Facebook, Aardvark, Twitter and many others–has a lot to talk about with the launch of a new Web site called Series Seed Documents earlier this week. It’s a laudable effort at simplifying the complex–especially since most lawyers mostly like to complexify the simple.

AAPL Sauce

As one might imagine, Apple’s shareholders did not take the news of Steve Jobs’s medical leave of absence well. And learning that his “health-related issues are more complex” than first believed certainly didn’t help matters. After trading resumed, Apple shares tanked, plummeting eight percent to $78.50 (and knocking about $6.4 billion off the company’s market cap) before recovering a bit.

Apple's Steve Jobs: "I Have Decided to Take a Medical Leave of Absence"

Trading in Apple shares was halted this afternoon when the company announced that Apple CEO Steve Jobs is taking a medical leave of absence until the end of June. Apple COO Tim Cook will handle day-to-day operations in his absence. And Jobs is to remain involved in major strategic decisions. Jobs broke the news to investors in the following memo…

Apple’s Steve Jobs: “I Have Decided to Take a Medical Leave of Absence”

Trading in Apple shares was halted this afternoon when the company announced that Apple CEO Steve Jobs is taking a medical leave of absence until the end of June. Apple COO Tim Cook will handle day-to-day operations in his absence. And Jobs is to remain involved in major strategic decisions. Jobs broke the news to investors in the following memo…