Fri02122016

News

SPLAT targets data, outreach as airplane noise continues

SPLAT targets data, outreach as airplane noise continues


Graphic courtesy of Don Gardner
Activists claim that a new SFO flight path leaves a “sound shadow” that impacts Los Altos and Los Altos Hills.

Sky Posse Los Altos Team – more simply known as SPLAT – seeks to squelch the noise...

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Schools

Los Altos High student-run charity plans '5 Gallon Gala'

Los Altos High student-run charity plans '5 Gallon Gala'


Courtesy of Lia Evard
Water by Youth members gave Egan students a chance to carry a 40-pound Jerry can, to see how difficult it is to obtain water in developing nations.

Water by Youth, a club at Los Altos High School, is making a splash by pla...

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Community

What would you do with a box of cookies? Local Girls Scouts help Tanzanian orphanage

What would you do with a box of cookies? Local Girls Scouts help Tanzanian orphanage


Courtesy of Alicia Madden
Sales of local Girl Scout cookies support service projects, such as funding an orphanage in the village of Mto wa Mbu in Tanzania.

Girl Scout cookies – whether you think of them as a treat, a tradition or a diet comp...

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Sports

Scoreless spells sink LA boys

Scoreless spells sink LA boys


Megan V. Winslow/Town Crier
Los Altos High point guard Nolan Brennan attempts a shot in Friday’s game versus Palo Alto. He scored eight points in the loss.

There have been several games this season in which the Los Altos High boys basketball t...

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Comment

New 'York' values

New 'York' values


Hughes

 

As we have witnessed California suffer through one of its worst droughts in history over the past few years, all of us, I’m sure, have been keenly aware of our surroundings and have done a small part in trying to conserve wa...

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Special Sections

Getting a charge  out of the Volt

Getting a charge out of the Volt


Courtesy of Chevrolet
The 2016 Chevrolet Volt can be driven up to 50 miles on the power stored in its batteries.

Just five years ago, we wondered in this column what the power supply would be for the car of the future. Gasoline, diesel, electric ba...

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Business

Nearing V-Day: Shops stock sweets, treats

Nearing V-Day: Shops stock sweets, treats


Megan V. Winslow/Town Crier
Los Altos resident Ella Roosakos, 11, with her mother, Gail, puzzles over which Gourmet Works sweets to buy as a valentine for Ella’s friend.

The gift-buying rush isn’t exclusive to Christmas. It may jump over...

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People

ALAN RODNEY MILLS

ALAN RODNEY MILLS

Alan Rodney Mills, PhD, 83, of Los Altos passed away peacefully on Saturday, January 30th, 2016. He was born in Rochdale, England in 1933 and came to California in 1962. He was a proud alumni of Manchester Grammar in England, University of Liverpoo...

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Stepping Out

PYT 'Gets Famous'

PYT 'Gets Famous'


Lyn Flaim Healy/Spotlight Moments Photography
Renee Vetter of Palo Alto, left, and Megan Foreman of Los Altos star in Peninsula Youth Theatre’s “Judy Moody Gets Famous.” Performances are scheduled Friday and Saturday.

Peninsula...

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Spiritual Life

A time to prepare: Fasting for Lent isn't limited to food

 

Today is Ash Wednesday, which in the Christian calendar marks the beginning of Lent – the 40 days of preparation for Resurrection Sunday, otherwise known as Easter.

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Inside Mountain View

New right-to-lease ordinance promises relief for renters

New right-to-lease ordinance promises relief for renters


Mountain View Tenants Coalition/Facebook
Residents gather in the fall to protest Mountain View’s rising rents. Rent relief is on the way in the form of a new ordinance.

A controversial Mountain View law requiring landlords to provide lease opt...

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Business Briefs

Rambus Inc. reports third-quarter revenues

Rambus Inc. recently reported third-quarter revenues of $31.7 million, down 18 percent from the second quarter, primarily due to lower patent royalty revenue, but up 14 percent from the same quarter last year, attributed to agreements signed with Samsung during the first quarter of 2010. Year-to-date revenue for the nine months that ended Sept. 30 totaled $232.5 million, up 183 percent over the same period last year.

“Revenue for the quarter was down sequentially, as anticipated patent license renewals did not complete by quarter end, however, those negotiations are active and proceeding well,” Rambis President and CEO Harold Hughes said. “During the quarter, we did sign a patent license agreement with Nvidia for certain memory controller patents on a going-forward basis and expect to receive the first payment in November.”

Total operating costs and expenses for the third quarter of 2010 were $43.2 million, which included a $10.3 million gain related to the Samsung settlement, $7.5 million of stock-based compensation expenses and $1.2 million for previous stock-based compensation restatement and related legal expenses. Year-to-date expenses through Sept. 30 were $48.5 million, which included a $116.5 million gain related to the Samsung settlement, $23.2 million of stock-based compensation expenses and $3.4 million for previous stock-based compensation restatement and related legal expenses.

For more information, visit www.rambus.com.

Housing market rallies in September

The National Association of Realtors reported that existing-home sales, which include single-family, townhomes, condominiums and co-ops, jumped 10 percent from August to an annual rate of 4.53 million in September but remained 19 percent below the pace in September 2009, when first-time buyers were ramping up in advance of the initial deadline for the tax credit last November. Single-family home sales alone increased 10 percent from August but were 19.5 percent below the September 2009 pace.

Sales of single-family detached homes in California saw their second consecutive monthly gain, according to the California Association of Realtors. Statewide home resale activity rose 3.8 percent in September to a seasonally adjusted rate of 466,580, up from August’s 449,290. The September pace was down 12.2 percent from the same time last year.

The local picture shows sales of single-family detached homes Santa Clara County down 3.7 percent in September from the previous month and down 22.2 percent from the same time last year, although Cupertino, Los Gatos, Menlo Park and Sunnyvale saw increases in single-family home sales from August, according to MLSListings Inc.

Nationwide, the median existing single-family home price was $172,600 in September, down 1.9 percent from a year ago. In California, the median price of an existing, single-family detached home was $309,900, up 4.5 percent from the $296,610 median price for the same period a year ago.

In Santa Clara County, the median price dropped slightly by 2.1 percent to $620,000, though it is up 12 percent from the same time last year. Los Altos had a median price of $1.56 million.

Rates for a 30-year fixed-rate mortgage are hovering around 4.4 percent, though worry over the job market prevails, which ultimately affects not only the housing market, but the entire economy, according to Jeff Bell, president of the Silicon Valley Association of Realtors.

“Of course, jobs must return to the market for many Americans to even consider homeownership,” Bell said. “But buyers who have reviewed their finances and believe they are in a secure position to become homeowners have an opportunity to take advantage of affordability conditions in today’s market.”

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