SiliconBeat

“The Russian president said in a speech Thursday that the financial crisis in the United States should be taken as a sign that America’s global economic leadership is drawing to a close,” reported the International Herald Tribune, which also pointed out that investors have been fleeing Russia and depositing money in U.S. Treasury bills.

But the sentiment expressed echoed in our heads this morning when we came across an otherwise unremarkable press release announcing a venture funding in a Sunnyvale chip company: Read the rest of this entry »