Tech billionaires want to build a new city in rural California

Silicon Valley billionaires behind a secretive $800 million land-buying spree in Northern California have finally released some details about their plans for a new green city, but they still must win over skeptical voters and local leaders. After years of ducking scrutiny, Jan Sramek, the former Goldman Sachs trader spearheading the effort, launched a website Thursday about "California Forever." The site billed the project as "a chance for a new community, good paying local jobs, solar farms, and open space" in Solano, a rural county between San Francisco and Sacramento that is now home to 450,000 people.