Archive for September, 2008

Earlier today things got absolutely crazy with Google stock traded on NASDAQ. Throughout the day the price was quite strong and even gaining after Monday’s drop and suddenly 5 minutes before the closure it first jumped from $413 to $470 and then fell to $249 (see the graph on the left based on the minute-by-minute breakdown by Silicon Alley Insider).
It is quite understandable that many traders must have felt at the very least uncomfortable watching this plummeting but then NASDAQ [...]

We have already started to see various examples of tech companies experiencing the negative effects of the financial crisis we are now in. But it looks like the economic turmoil will not only damage stocks of tech companies but will also affect damage some servers as well. Today’s example is the website of the House of Representatives that was hit on Monday with incredible traffic of millions of people eagerly trying to find out the decision on $700 billion bailout. [...]

There’s a very thought-provoking article in the Guardian today about the dangers of cloud computing that resulted in quite an animated discussion in the blogosphere making people forget the tech companies stock valuations for a moment and try to figure out if we are really locking ourselves up in a trap of the much-hyped cloud computing.
True, cloud computing is obviously one of the most hyped terms these days and everyone thinks it is kind of hip and cool to rely [...]

This morning analysts from both Morgan Stanley and RBC downgraded their recommendations on Apple stock which resulted in tremendous fall of Apple’s stock by almost 18% or $22.98 to reach $105.26 at closing. This made the market valuation of Apple almost $20 billion lower.
Analysts claim that their surveys show that people intend to buy less Macs - both laptops and desktops with 40% of people planning to cut their general spend on electronics in the next 3 months. The only [...]

Today Cisco has published results of a survey that the company conducted to see customers’ attitude towards different shopping and payment trends - both online and offline. Cisco surveyed more than 1,500 people to see their opinions on various factors in the changing commerce landscape and the results are definitely worth noting - both for real-life financial institutions like banks and for e-commerce companies.
The main result of the survey is that people in all age groups tend to increasingly trust [...]

It is not all that often that I read something and get an idea for a startup that could really be useful but today I have just experienced this thing - when you see something and immediately understand this could evolve into a great startup that could never fail because of any recession since there are certain things people will never stop doing in any financial situation. This idea that I want to share today will be sure to work [...]

I like checking out current Twitter trends from time to time to see what topics get the most attention in the twitterverse. While Google Trends are also interesting and often show some very interesting things about what is popular among internet population on any given day, the most popular topics on Twitter are also interesting to see how a smaller and more technology-aware crowd reacts to some events in the real or online life.
To see what exactly people are talking [...]

On Friday Robert Scoble published a list of 160+ people worth subscribing to on FriendFeed for everyone interested in technology news. Quite understandably, this list have become one of the most discussed things over the weekend with people either criticizing Robert for this list or thanking him for compiling it.
I think that I have the most obvious reason to be happy about making the list as according to Robert’s comments there are only two great tech blogs - Ars Technica [...]

Yesterday we saw the first niche website launched by Twitter - Twitter E08 focused on presidential election campaign in the US. The website works by simply filtering twitter messages (tweets) from all users by certain keywords and aggregate these messages into one page. The site is updated with new topical messages in real time.
In addition to that, users can send their own messages right from the site and these messages will be sent to their Twitter timeline as well. Besides, [...]