Oracle Is Moving Its Headquarters From Silicon Valley To Austin, Texas

Oracle said on Friday it’s moving its headquarters from the Silicon Valley to Austin, Texas. CNBC reports: “Oracle is implementing a more flexible employee work location policy and has changed its Corporate Headquarters from Redwood City, California to Austin, Texas. We believe these moves best position Oracle for growth and provide our personnel with more flexibility about where and how they…

Netflix CEO on Paying Sky-High Salaries: ‘The Best Are Easily 10 Times Better Than Average’

Netflix CEO Reed Hastings, writing at CNBC: In the first few years of Netflix, we were growing fast and needed to hire more software engineers. With my new understanding that high talent density would be the engine of our success, we focused on finding the top performers in the market. In Silicon Valley, many of them worked for Google, Apple, and…