President of Israel Shimon Peres will be in the Bay Area starting today to tour several noted technology companies and a temple to boot. Starting today, Peres will visit IBM's research and development department for a look inside the company. He'll also meet with Mark Zuckerberg at Facebook's Palo Alto headquarters tomorrow to help create his Facebook page, among other things, for his reelection bid. more ›

For a hefty $6.5 billion in cash, IBM is in talks to purchase Sun Microsystems Inc. The deal could happen as early as this week. While Sun has been "struggling since the tech bust of 2001 to find its place" by cutting thousands of jobs and focusing on open-source software, the company has all but lost the shine from the dot-com era. News of IBM;s plan to take over the ailing company sent Sun shares skyrocketing to "$3.05, up 61 percent, to $8.02 in morning trading." IBM shares, however, were down "$2.46, or 2.7 percent, to $90.45." more ›