Meg Whitman, former CEO of eBay, has announced she will seek the Republican nomination for California governor. Whitman is know to be a social moderate but a fiscal conservative.
"California faces challenges unlike any other time in its history -- a weak and faltering economy, massive job losses, and an exploding state budget deficit," LA Times reported Whitman said in a written statement. "California is better than this, and I refuse to stand by and watch it fail."
Interestingly, her site is taking donations for the campaign through PayPal - the online payment platform owned by eBay. I expect her opponents will be checking if she is getting a favored rate.
Former California Republican Governor Pete Wilson will be campaign chairman.
The Republican primary is shaping up to be a battle of the Silicon Valley giants, as her major competitors Steve Poizner - tech entrepeneur who sold his company to Qualcom for $1 billion and Tom Campbell, former Silicon Valley congressman.