High living and business costs as well as worsening traffic may threaten Silicon Valley's premier position in world's high-tech industry.
"A report released Wednesday says the teeming area south of San Francisco could lose its place as the world's premier high-tech zone because of the high costs of living and doing business here, a shortage of qualified workers and worsening traffic. The second annual report from Joint Venture: Silicon Valley Network, a regional organization, and the A.T. Kearney consulting firm said local governments need to do more to address suchquality-of-life issues and help continue the area's massive growth."
Thanks to Abhijeet Chavan
FULL STORY: Report questions if Silicon Valley can remain premier high-tech zone
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