Steve Jobs announced this afternoon that he will be taking a medical leave, due to a mysterious ailment that has left him rail-thin and frail. And so It turns out that Gizmodo was right after all. Or at least partly right.

Carol Bartz, Yahoo’s brand-new CEO, is promising to bring some passion to the job. On a conference call with analysts and reporters this morning, Bartz said she planned to help Yahoo get “some friggin’ breathing room” so the company can “kick some butt.”

Sometimes, even bleak economic times like this, the Grinch doesn’t have a chance. Just ask Leannette M. Spence, assistant vice president and personal banker at the Bank of America in Cambrian Park. Last week, Spence had a customer who accidentally left her card in the bank’s ATM. When the customer called in to cancel it, she learned that a $200 cash withdrawal had been made at the same ATM immediately after she left, which led to all kinds of anxiety on her part: was there a way to track down who stole it? Could she get the money back in time for Christmas?

Last week, Apple announced that next year’s MacWorld would be its last.  In a related article, the SF Chronicle reported that several other large trade shows have been cancelled, and that the city would take a direct financial hit as a consequence.  The article offered a quote from an industry expert who declared the days of large-scale trade shows to be over.

Meanwhile, San Jose continues to make plans for a $300 million expansion of the convention center.  Rather than spending $300 million on the expansion, why not entice Google to buy the Sobrato Tower (now owned by Oracle) with a $100 million subsidy?  Think about it…a Google move to the downtown would be a huge (and permanent) financial shot in the arm for the hotels, restaurants, and merchants. 

By Erin Sherbert
The Nov. 4 election was about month away, and with a downtrodden economy, it appeared that a transportation tax like the BART measure was going to need all the help it could get. So San Jose Mayor Chuck Reed, a leading proponent of the BART tax, made some back-and-forth calls to the San Jose Silicon Valley Chamber of Commerce’s president, Pat Dando, requesting some face time with her board.

Dando turned him down.

Last week, San Francisco Mayor Gavin Newsom held a press conference to promote the city’s new campaign to encourage San Francisco residents to keep their consumer dollars in San Francisco. “SHOP SF-Get More” provides San Francisco residents with incentives to do their Christmas shopping within city limits so that San Francisco receives the tax revenues. Where’s San Jose’s “SHOP SJ” campaign?

AMT suddenly shuttered following cancellation of Tarzan.

In September, American Musical Theatre of San Jose threw a big, raunchy party for the ladies—a tuneful strip show known as The Full Monty. The audience, reported Metro’s critic, was full of white-haired ladies “snorting, choking [with] tear-inducing laughter.” There were tears but no laughter this Monday as AMT suddenly announced that it was going out of business. The company, which began life in 1935 (during another economic meltdown) as the San Jose Civic Light Opera, was no more.

Rumors have swirled that San Jose Magazine was about to bite the dust, and confirmation came this evening with an item by the Mercury News’ Sal Pizarro. The columnist reports that the December issue will be San Jose Magazine’s last. Instead of plugging plastic surgeons and lawyers on glossy pages, the company will reinvent itself as a video production company, according to Publisher Gilbert Sangari.

The president of the San Jose Downtown Association, the group that represents downtown San Jose business and property owners, has called for the establishment of a police advisory commission. Though his position has not been officially endorsed by SJDA’s board, Art Bernstein says it is consistent with the objectives of the group’s advocacy arm.

San Jose needs “a body in between the police and city council so that every time there are issues of concern to the community, it doesn’t take a city council meeting,” Bernstein told Fly. A “citizen’s advisory group” would fill that role best. In an OpEd in Sunday’s Merc, Bernstein cites recent initiatives to charge downtown businesses for policing costs and notes that police have become “more aggressive with permit compliance, code enforcement and the closing down of some of downtown’s bars and clubs.”

Last week I attended the 8th annual Tech Awards at our convention center. The Tech Museum organizes this amazing event which is sponsored by a “who’s who” of tech companies. Nearly 1,500 people attended this years event. This is one of the best events for San Jose because of the positive PR.

The greater Bay Area tech giants gather at the Tech Awards to celebrate entrepreneurs and inventors for innovation in the categories of Environment, Education, Economic Development, Health and Equality. Nominees and attendees flew in from all over the world.  Although some may argue that San Jose is not the center of Silicon Valley, the world does perceive San Jose as the epicenter.

San Jose Police welcomed the nightclub Wet to town by closing the SoFA district, four blocks of it, from Reed to San Carlos streets between Market and Second.