Gurbaksh Chahal was the picture of a successful Silicon Valley entrepreneur, with the Lamborghini, the San Francisco penthouse, the immigrant rags-to-riches story and tens of millions of dollars. “And he’s single!” Oprah Winfrey said in a 2008 interview.
Tesla Motors Inc., a long-speculated takeover target, just removed a barrier to a deal by paying off a U.S. government loan. The problem for would-be suitors is it’s also become the world’s most expensive carmaker.
President Barack Obama plans to discuss his economic agenda and ideas for job growth at a private dinner tonight with technology executives including Apple Inc. Chief Executive Officer Steve Jobs , Facebook Inc. founder Mark Zuckerberg , and Google Inc. CEO Eric Schmidt , according to an administration official.
President Barack Obama dined with a dozen leaders of the U.S. technology industry including Apple Inc. Chief Executive Officer Steve Jobs and Facebook Inc. founder Mark Zuckerberg as he sought support for his education and innovation agenda and discussion on promoting growth.
Democratic lawmakers sought to refute Republican criticism of the Obama administration for backing Solyndra LLC, disclosing e-mails showing the White House budget office disagreed with the Energy Department’s positive assessment of the failed solar-panel maker.