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October 6, 2008 9:12:08 PM CDT

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Stories related to: tech industry

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9 Stories

  • July 2008

    • Tech Holds Ground Amid Slump

      USA Today  |  Jul 9, 08 7:10 PM CDT

      Tech Holds Ground Amid Slump

      (Newser) - Despite malaise in most sectors of the economy, the technology industry is weathering the downturn well, USA Today reports. Sales are up only 3% this year over 2007—a mediocre result, considering the industry usually grows by more than 10%—but with tech unemployment at 3.9% compared to 5.7% overall, insiders aren't seeing the trouble signs they saw during the dot-com collapse of 2001. More »

      Tags

      credit crisis  • technology  • computer  • growth  • tech industry  • downturn  • sales slump

  • June 2008
  • May 2008

    • India's IT Hub Challenging Politics as Usual

      Reuters  |  May 20, 08 3:01 PM CDT

      India's IT Hub Challenging Politics as Usual

      (Newser) - For years, Bangalore—India’s answer to Silicon Valley—has endured traffic jams, power blackouts and a chaotic airport that businesses blame on politicians who’ve ignored the city’s IT elites to court rural voters. Now, Reuters reports, an updated constituency map giving urban voters more clout has hope high for change after state elections end Thursday. More »

      Tags

      India  • election  • voters  • outsourcing  • Bangalore  • tech industry

  • April 2008

    • Tech Biz Workers Back Barack

      Seattle Post-Intelligencer  |  Apr 14, 08 5:19 PM CDT

      Tech Biz Workers Back Barack

      (Newser) - Google and Yahoo workers who have donated to presidential campaigns support Barack Obama, the Seattle Post-Intelligencer reports, donating significantly more to him than any other candidate. Obama does well with the tech industry as a whole, though his edge is less pronounced at older companies like Microsoft and Apple. Obama took in a whopping $264,800 from Google employees to Hillary Clinton’s $75,500. More »

      Tags

      Google  • Microsoft  • Apple  • Obama 2008  • Yahoo  • campaign fundraising  • Clinton 2008  • tech industry

  • March 2008
  • February 2008

    • Silicon Valley Deletes Middle-Income Jobs

      New York Times  |  Feb 19, 08 4:23 PM CST

      Silicon Valley Deletes Middle-Income Jobs

      (Newser) - Silicon Valley is bleeding middle-income jobs, the New York Times reports. Clerks, secretaries, service reps and others earning $30,000 to $80,000 a year fell from 52% to 46% of workers from 2002 to 2006, according to a new report. The trend threatens the region's upward-mobility track, one author of the 2008 Index of Silicon Valley report said: “If you lose the middle, it’s harder to support the top." More »

      Tags

      US economy  • Silicon Valley  • job  • employment  • middle class  • tech industry

    • Microsoft’s Yahoo Bid 'Ridiculous'

      Reuters  |  Feb 18, 08 2:40 PM CST

      Microsoft’s Yahoo Bid 'Ridiculous'

      (Newser) - Investment manager Joe Rosenberg takes a swipe at Microsoft's bid for Yahoo in this week's Barron's , disparaging both the deal and CEO Steve Ballmer's financial acumen, Reuters reports. "It's a bad reflection on Ballmer that he's willing to pay a ridiculous price for Yahoo,” says Rosenberg. “Microsoft is not going to earn anything like a reasonable rate of return in Yahoo." An increased bid, which Yahoo is seeking, would be even worse, he says. More »

      Tags

      Microsoft  • Yahoo  • mergers and acquisitions  • finance  • Steve Ballmer  • investment  • shares  • tech industry

    • You've Got No Mail: DC Techies Ponder Life After AOL

      Washington Post  |  Feb 18, 08 10:12 AM CST

      You've Got No Mail: DC Techies Ponder Life After AOL

      (Newser) - AOL is moving its HQ to New York, cutting nearly half of its 5,700 DC-area jobs, and leaving serious questions about the Washington, DC area’s tech industry in its wake. AOL’s declining fortunes have already hurt the sector, but local techies and VCs have fought back with numerous startups, reports the Washington Post . More »

      Tags

      Google  • New York City  • Facebook  • Washington DC  • AOL  • startup  • venture capitalists  • tech industry  • tech sector  • Dulles

  • April 2007

    • India Short On Skilled Workers

      New Yorker  |  Apr 9, 07 10:42 AM CDT

      India Short On Skilled Workers

      (Newser) - Why is India short on skilled labor when it's teeming with Ph.D.s? While the staggering growth of its tech industry seems to have put the country in the running for the world’s next superpower, James Surowiecki observes that the Bengal tiger could be made of paper. Thirty per cent of the country is still illiterate. Only 10 percent go to college. More »

      Tags

      India  • education  • globalization  • labor  • tech industry  • literacy

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