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In his keynote speech this morning, Apple CEO Steve Jobs is expected to unveil iCloud, which presumably will provide users a spot on company servers to park their iTunes library and give them the ability to stream music, and possibly movies and TV shows, instantly to any Apple device. Apple will also show off its next-generation software for the Mac and the mobile operating system that powers the iPad, iPhone and iPod touch. The Mercury News’ Pat May will live blog Jobs’ keynote beginning at 10 a.m.

At Cisco, profits are down from a year ago, its core business is under attack, and the company’s stock has plummeted to nearly its lowest point in more than two years — costing shareholders billions of dollars and prompting CEO John Chambers to announce a corporate overhaul that could lead to significant layoffs this summer. How did Cisco get here? And what can it do to get out of its slump? Chris O’Brien explores the San Jose company’s options.

SuVolta, a Los Gatos startup backed by Kleiner Perkins and others, claims it has developed a technology that cuts the power consumed by microprocessors in half, an advance that will greatly extend the battery life of smartphones and tablets.

California’s electronic-waste recycling program has reached its 1 billionth pound of unwanted electronics. That’s more than any other state has recycled — and amounts to roughly 20 million TVs and computers kept out of landfills.

While Random Hacks of Kindness were happening elsewhere over the weekend, in Silicon Valley engineers coded for good at the Googleplex in Mountain View.

Troy Wolverton writes that Tuesday at the E3 gaming conference, Nintendo is scheduled to unveil the successor to its popular Wii console.

Larry Magid writes: If Windows 8 works as advertised, it will solve some of the major limitations that frustrate me when I use an iPad or an Android tablet — because any Windows 8 device, regardless of whether it’s a 7-inch tablet or a desktop with multiple screens, will be able to run the same software.

Facebook looked at the status updates of about 1 million members and concluded that emotion can be transmitted through words shared on the social network. Other Silicon Valley Internet companies are using similar data to do social sciences research.

After struggling for years as cleantech’s overlooked stepchild, lighting has emerged as a robust and fast-growing cleantech sector.

Mike Cassidy writes: While the story of Silicon Valley’s haves and have-nots is not new, social service providers hope a new report will get people talking about how those with means might help those in need.

What if “there’s an app for that” never happened? Chris O’Brien writes: An Apple insider at the time said the company shifted gears on what it originally planned, and developed the app store after listening to developers.

How did Roger McNamee, a long-haired multimillionaire who’s better known for backing the likes of Facebook and disk drive maker Seagate, get booked to open for U2 at the group’s upcoming concert? Well, it helps that frontman Bono is a partner in McNamee’s Sand Hill Road investment firm, Elevation Partners.

Troy Wolverton writes about tech executives in the hot seat at last week’s D9 tech conference: Some interviews with CEOs, including those of Groupon, AT&T, and Nokia – which is trying to compete with Apple’s iPhone and Google’s Android – were laughable for varied reasons.

Mercury News interview: Hiroshi Inomata, the San Francisco-based consul general for Japan, talks about the earthquake, tsunami and nuclear power.