Los Angeles Times:

Former EBay Chief Executive Meg Whitman joined the race for governor of California this morning, setting off a battle between Silicon Valley moguls for the 2010 Republican nomination.
Whitman, 52, has never run for public office, but is banking that Californians will see her corporate background as just what the state needs to break its chronic cycle of fiscal disasters.
“California faces challenges unlike any other time in its history — a weak and faltering economy, massive job losses, and an exploding state budget deficit,” Whitman said in a written statement. “California is better than this, and I refuse to stand by and watch it fail.”