The tech sector passed two poignant market anniversaries this week on its way to what investors and vendors hope will be a sustainable recovery from the recession and, in the best-case scenario, another boom cycle.
Since the beginning of the year, doubts about economic recovery have sent markets on a roller-coaster ride, but the IT sector keeps plugging along, showing signs that it is becoming increasingly dynamic.
While the computer industry in the 1990s thrived as corporations re-engineered business processes to incorporate IT, this decade has seen technology truly become part of mainstream culture and commerce via the Internet and ever-cheaper and smaller computing devices. Yes, the Internet revolution began in the '90s, but it was not until this decade that 14-year-olds raced ahead of professionals in figuring out how to tap social networks with hundreds, and sometimes thousands, of contacts. Here, in not-quite chronological order, are the top technology stories of the decade, selected by the IDG News Service for their singular impact on the industry as well as their emblematic status as examples of the trends that shaped the course of IT.
As the last full trading week of the year winds down, Oracle, Palm and Research in Motion financial results along with market analyst forecasts for 2010 are giving IT investors some data to mull over as they contemplate prospects for next year.
The Great Recession cast a shadow on all sectors of the economy in 2009. IT fared better than most, however, and the slump did not curb the dynamic nature of the industry. Acquisitions among big vendors continued to reshape the market, operating-system wars extended to mobile battlefields, microblogging became a powerful source of real-time information, and the take-up of small, 'Net-connected devices was stronger than ever. Here, in no particular order, is the IDG News Service's pick of the top 10 technology stories of 2009.
In a tumultuous week on the market, the attention of IT investors was captured by a mixed bag of acquisition activity and earnings news from the hardware and chip arena -- a sector that is supposed to help lead tech out of the recession.
Intel and Advanced Micro Devices Thursday announced that they have settled all antitrust litigation and patent cross-license disputes between the companies.
Intel and Advanced Micro Devices Thursday announced that they have settled all antitrust litigation and patent cross-license disputes between the companies.
Good news about the economy along with upbeat statements from industry leaders and market researchers are helping to instill confidence in the tech sector after a rollercoaster ride on U.S. exchanges over the past few weeks.
Microsoft CEO Steve Ballmer took the stage in New York Thursday, playing the role of chief salesman in a day of worldwide launch events, executive speechmaking and sales promotions meant to persuade consumers and businesses to migrate to Windows 7.
With quarterly IT sales results pouring in, vendors including IBM, Google, Advanced Micro Devices and Intel appear more confident than ever that the global recession's depressing effects on the tech market are lifting.
Despite Google's phenomenal growth, the Internet search giant does not appear to be worried about taking on too many projects, judging from comments made at a media roundtable Wednesday with company cofounder Sergey Brin and CEO Eric Schmidt.
Optimism about IT helped boost stock exchanges to 2009 highs this week as tech-sector mergers and acquisitions and news about improving demand for hardware buoyed investor confidence.
EBay Tuesday announced it has signed an agreement to sell its Skype voice-over-IP service to a group of private investors in a deal that values the business at US$2.75 billion.
The French media and advertising company Publicis Groupe will acquire the digital marketing agency Razorfish from Microsoft in a deal valued at about $US530 million, the companies announced Sunday.