Companies compete for limited space in silicon valley

Global Business

Silicon Valley is booming with innovation and tech jobs, but that also results in an increasing demand for more space.

CCTV’s Mark Niu filed this report from California.

Highlights:

  • In early May, Mountain View’s City Council saw seven companies, including Google and LinkedIn put forth competing plans for the right to build in North Bayshore.
  • Each applicant had to prove a community benefit.
  • Watching from an overflow room, the local residents were concerned about everything from transportation, to housing to the environment.