The US Geological Survey reported that at 10:09 this morning an earthquake measuring 4.1 on the Richter Scale hit the Silicon Valley area (which is in California). So far there have been no reports of damage or injury but after shocks were felt as far away as San Francisco. These ranged in magnitude from 1.5 to 2.2.
I also found a You Tude video explaining what the impact could be if this area experienced a larger earthquake. It's boring (it's just of someone taking a video of a highway near the Silicon Valley area) but the guy says if a large earthquake were to occur there, it could cost the US more money than Hurricane Katrina did. We'll see what happens in the future...
http://www.youtube.com/watch?v=k9MkKo_EZA
http://news.xinhuanet.com/english/2010-01/08/content_12773267.htm
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