2 posts and columns on dotcom bust

Gartner: The Sky Is Falling

in News on April 1, 2009 at 12:00 am PT

Global information technology spending will fare worse in 2009 than it did during the dotcom bust of 2001. That’s the grim news from Gartner, which Tuesday predicted that worldwide IT spending will slip to $3.2 trillion this year from $3.4 trillion in 2008. If that should happen, the drop will be the greatest decline in IT spending in nearly a decade.
chicken_little

What Color Is Happened to Your Parachute?

in News on September 23, 2008 at 12:10 am PT

Looking over the latest unemployment figures, Silicon Valley’s technology bust early this decade no longer seems such a distant memory. In another unsettling economic sign, the unemployment rate in Silicon Valley rose for its fourth consecutive month in August to reach a four-year high.