Change takes a turn for the worse in a sombre week - Business - Evening Standard
       

Change takes a turn for the worse in a sombre week

AFTER the giddy fun of last week's Maker Faire, the wacky science festival for inventors, the mood here has turned decidedly melancholy.

For one thing, we've had a second child at Palo Alto's Gunn High School commit suicide by jumping in front of a commuter train and a third attempt it, only to be pulled off the tracks by his mother and a passing motorist. Is this a copycat "suicide cluster", people are asking, or the sign of something much more ominous?

Parents at the school are frantic, grateful only that the school term ends soon. Until it does, area teens have taken it upon themselves to patrol nearby crossings.

Then a week ago, Stanford computer science professor Rajeev Motwani was found dead at the bottom of his pool in Atherton, home to many of the tech elite. Motwani, who was 47, pretty much embodied the Valley's way of doing business.

Extraordinarily well-connected, he'd been a mentor to the founders of Google and an early adviser to, and investor in, a number of other major Valley successes, including PayPal.

Born in Jammu, India, Motwani was a prize-winning and popular professor and a key member of The Indus Entrepreneurs, a network of south Asian engineers known for their consummate ability to grow companies here and abroad. It seems as though Motwani's drowning was simply an awful accident. But as a result, said the San Jose Mercury, the Valley ecosystem has "suffered a major blow".

Even for those of us less directly affected by these tragedies, it's a strange time. Most area schools are finishing up this week or next and all the students from the universities are moving on. Change is usually relished here. Right now, though, we'd all welcome a little less of it.

ON a happier note, as of Monday, Cisco has joined the Dow. It replaces GM, which had been on the index for 83 years but is now ineligible thanks to its declared bankruptcy. Dow Jones called Cisco a fitting addition because its products "are vital to an economy and culture still adapting to the Information Age, just as automobiles were essential to America in the 20th century". Ouch.

APPLE'S famous Reality Distortion Field was up and running nicely this week. The press showed up in droves to the company's annual developers conference in San Francisco. No big surprises were announced but coverage was nevertheless massive, as usual. And no, Steve Jobs didn't appear. The feeling here is that Apple both wanted to "take the Steve Jobs premium out of the stock" (to quote one analyst) and to hold him back until the company has a new big product to announce.

Comments

Don't Miss
Rock star: Erin Wasson

Rock star

Erin Wasson is the ultimate anti-supermodel
Maybe it’s because she’s a Londoner … Happy anniversary, Ma’am

Happy anniversary

The monarchy has become stronger and more respected in the past 60 years
Victoria Coren: My obsession with children, five proposals a week and why David and I are no power couple

Victoria Coren

David Mitchell and I are no power couple
The Royal Academy of Arts Summer Exhibition preview party

Summer party

Stars at the The Royal Academy of Arts
London gets ready for the Diamond Jubilee - in pictures

Diamond Jubilee

London gets ready - in pictures
The Glamour Awards - stars turn on the style

Glamour Awards

Stars turn on the style
Duchess of Cambridge is pretty in pink at her first Buckingham Palace garden party

Garden party

Duchess of Cambridge is pretty in pink
FIRST review of Ridley Scott's latest sci-fi blockbuster Prometheus

First review

Is Ridley Scott's Prometheus any good?
Fair-weather goths

Fair-weather goths

The sultry shades of summer darks are coming out of the shadows
Dog save the Queen: Corgis surge in popularity

Dog save the Queen

Corgis surge in popularity