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NewsCred, a marketing technology firm that creates and licenses editorial content for businesses, was today valued at an estimated £120 million after it raised £15 million to expand in London.

Network: How a little bribery can get you in a sticky situation on the Web

Charles Cohen tried politics and PR before launching Beenz.com, so he knows the value of a freebie.

We'll need a brand new set of villains when this boom ends

At the end of the 1980s, a number of big names on Wall Street went to jail, and everyone immediately found sinister those very financiers they had spent the past few years worshipping. The public mood turned on a dime, and no one, apart from the writer Tom Wolfe, ever really bothered to try to explain why.

Network: In the new world, it pays to stay home

Why go into the office if you don't need to? In hi-tech California, workers are being encouraged to work from the house

Network: I've joined the riches to rags set

Why would a guy do such a thing? In a word, or rather two, stock options

Network: Outraged? A brisk jog is just the ticket

IF JOGGING on Silicon Valley's Sand Hill Road is inspirational, then I'm one inspired fella. My wife, Linda, Cassie the dog and I jog here six mornings a week, alternating among three routes to keep it interesting. Any long-time jogger knows about runner's reverie. This is a trance-like state that overtakes the head as the feet, on autopilot, follow a well-worn trail.

Help for hi-tech Brits to storm fortress America

THE GOVERNMENT is backing a joint initiative with the private sector to provide a one-stop shop for British hi-tech entrepreneurs seeking to break into the United States and compete head-to-head with Silicon Valley.

Screen break

Welcome to Silicon Valley, California, where college graduates magically turn into billionaires, where companies plead for computer programmers on billboards, and staff demand to be entertained. Words by Richard Cook. Photographs by Tom Bible

Network: If you can't take the heat

Silicon Valley shops still don't have the right wardrobe for sweating geeks

Focus: Billion dollar brains behind the Net

JOE SCHOENDORF has every reason to be happy. His Silicon Valley venture capital company, Accel Partners, floated four Internet-related companies on the public market in May - generally regarded as a slowdown month in the great Internet stock bonanza - and all are capitalised at between $1bn and $3bn.

3i's Valley move

3i's Valley move

The Nordic Connection

HOW NOKIA AND ERICSSON HAVE RUNG RINGS AROUND THE WORLD

Network: Revenge of the nerds

A new film portrays old rivals Gates and Jobs as you've never seen them before.

The Business World: Challenge is to turn all that clusters into gold

THE GOVERNMENT'S White Paper on Competitiveness, published late last year, hit the spot for a lot of its readers. Almost literally so, with its emphasis on the importance of industrial clusters. These economic hotspots have been around as long as there have been economies, and were analysed a century ago by Alfred Marshall. However, they have recently re-emerged as a focus for industrial policy - partly because developments in modern economic theory made them interesting to glamourous academics like MIT's Paul Krugman, and partly because new industries seem to develop in clusters.

Network: The secret of Silicon Valley? We all have an axe to grind

I'M SITTING in the Silicon Valley morning-commute traffic on Sand Hill Road, thinking about the Internet and life. My morning paper had seen fit to headline a story "Internet: dream or nightmare?", and started my internal wheels turning.

Blair is still peddling social elitism

There is a lie at the heart of New Labour's plans to modernise the economy that could undermine its policies and cause the same kind of rot from within that turned Thatcherism into a hollow stalk of itself. The lie is that the Government is moving to make to the most of the nation's human capital.
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Louis van Gaal looks dejected after Manchester United's 4-0 defeat by MK Dons on Tuesday night
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Actor, model and now record breaker: Jiff the Pomeranian
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Down time: an employee of Google uses the slide to get to the canteen
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Amis: 'The racial situation in the US is as bad as it’s been since the Civil War'
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Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Israel-Gaza conflict: No victory for Israel despite weeks of death and devastation

Robert Fisk: No victory for Israel despite weeks of devastation

Palestinians have won: they are still in Gaza, and Hamas is still there
Mary Beard writes character reference for Twitter troll who called her a 'slut'

Unlikely friends: Mary Beard and the troll who called her a ‘filthy old slut’

The Cambridge University classicist even wrote the student a character reference
America’s new apartheid: Prosperous white districts are choosing to break away from black cities and go it alone

America’s new apartheid

Prosperous white districts are choosing to break away from black cities and go it alone
Amazon is buying Twitch for £600m - but why do people want to watch others playing Xbox?

What is the appeal of Twitch?

Amazon is buying the video-game-themed online streaming site for £600m - but why do people want to watch others playing Xbox?
Tip-tapping typewriters, ripe pongs and slides in the office: Bosses are inventing surprising ways of making us work harder

How bosses are making us work harder

As it is revealed that one newspaper office pumps out the sound of typewriters to increase productivity, Gillian Orr explores the other devices designed to motivate staff
Manufacturers are struggling to keep up with the resurgence in vinyl records

Hard pressed: Resurgence in vinyl records

As the resurgence in vinyl records continues, manufacturers and their outdated machinery are struggling to keep up with the demand
Tony Jordan: 'I turned down the chance to research Charles Dickens for a TV series nine times ... then I found a kindred spirit'

A tale of two writers

Offered the chance to research Charles Dickens for a TV series, Tony Jordan turned it down. Nine times. The man behind EastEnders and Life on Mars didn’t feel right for the job. Finally, he gave in - and found an unexpected kindred spirit
Could a later start to the school day be the most useful educational reform of all?

Should pupils get a lie in?

Doctors want a later start to the school day so that pupils can sleep later. Not because teenagers are lazy, explains Simon Usborne - it's all down to their circadian rhythms
Prepare for Jewish jokes – as Jewish comedians get their own festival

Prepare for Jewish jokes...

... as Jewish comedians get their own festival
SJ Watson: 'I still can't quite believe that Before I Go to Sleep started in my head'

A dream come true for SJ Watson

Watson was working part time in the NHS when his debut novel, Before I Go to Sleep, became a bestseller. Now it's a Hollywood movie, too. Here he recalls the whirlwind journey from children’s ward to A-list film set
10 best cycling bags for commuters

10 best cycling bags for commuters

Gear up for next week’s National Cycle to Work day with one of these practical backpacks and messenger bags
Paul Scholes: Three at the back isn’t working yet but given time I’m hopeful Louis van Gaal can rebuild Manchester United

Paul Scholes column

Three at the back isn’t working yet but given time I’m hopeful Louis van Gaal can rebuild Manchester United
Kate Bush, Hammersmith Apollo music review: A preamble, then a coup de théâtre - and suddenly the long wait felt worth it

Kate Bush shows a voice untroubled by time

A preamble, then a coup de théâtre - and suddenly the long wait felt worth it
Robot sheepdog technology could be used to save people from burning buildings

The science of herding is cracked

Mathematical model would allow robots to be programmed to control crowds and save people from burning buildings
Tyrant: Is the world ready for a Middle Eastern 'Dallas'?

This tyrant doesn’t rule

It’s billed as a Middle Eastern ‘Dallas’, so why does Fox’s new drama have a white British star?