Private Steve Jobs Memorial Set for Oct. 16

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Silicon Valley's most influential movers and shakers have been invited to an Oct. 16 memorial for Steve Jobs being held at Stanford University.

The Apple co-founder died Oct. 5 of respiratory arrest, and had been battling cancer and a metastatic pancreas neuroendocrine tumor for the last five years of his life.

Sunday's private service is expected to be attended by the California tech industry's "luminaries and others close to Mr. Jobs," reports the Wall Street Journal. Guests were asked to RSVP to Emerson Collective, the organization founded by Jobs' wife Laurene that works with entrepreneurs to advance domestic and international social reform efforts.

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Though the guest list has not been unveiled, a likely attendee is California Governor Jerry Brown, who on Friday declared Oct. 16 as "Steve Jobs Day."

The Governor said at the time of Jobs' death that Jobs "was a great California innovator who demonstrated what a totally independent and creative mind can accomplish. Few people have made such a powerful and elegant imprint on our lives."

Apple is also holding a celebration of Jobs' life on Oct. 19 at the company's Cupertino, Calif. headquarters.

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A week after the tech innovators death, shares in his company rose 3 percent to a historic closing high of $422, giving the iconic technology firm a market capitalization of $391.2 billion. Still the world's most valuable publicly traded company, Apple is worth nearly four times more than Disney and Time Warner combined.

The stock increase is due to the sale of Apple's new iPhone 4S, "the final gadget unveiled during Steve Jobs' life."

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