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Just about every major stock in technology, from chipmakers to consumer electronics titans to Web stars, was dragged into Wall Street’s slide

While much attention on Sept. 29 was fixed on the failed bailout vote in Congress and its impact on the Dow Jones industrial average, tech stocks also came under pressure.
The technology-heavy [...]

A $700bn (£380bn) bail-out plan aimed at preventing US banks from running out of cash has been rejected by the House of Representatives.
Had they voted yes, it would have been the start of the biggest government intervention in the economy since the Great Depression of the 1930s.
Now, however, policymakers are looking at their [...]

Even before the opening bell, Monday looked ugly.
But by the time that bell sounded again on the New York Stock Exchange, seven and a half frantic hours later, $1.2 trillion had vanished from the U.S. stock market.
What had started 24 hours earlier, with a modest sell-off in stock markets in Asia, had [...]

Treasury Secretary Henry Paulson (right) pledged yesterday to renew negotiations with lawmakers. He said he has ‘’significant tools in our tool kit” to fix the economy, but they are ”insufficient” to solve the current crisis without a bailout deal. (Joshua Roberts/Bloomberg)Clickry.com Post Source Link
WASHINGTON – President Bush and congressional leaders, stunned by the defeat [...]

Official Google Blog: Ten years and counting
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“Google hits 1 trillion URLs, skips trillions more”

The story isn’t that Google has found 1,000,000,000,000 unique URLs on the Web. It’s that there are many times more that Google’s engineers haven’t bothered to chase after. Always remember that when you search Google, you’re not searching the actual Internet. You’re searching a bunch [...]

“YouTube founder claims text is dead by 2018″

“In ten years, we believe that online video broadcasting will be the most ubiquitous and accessible form of communication.” It’s on the Official Google Blog, so take YouTube founder Chad Hurley’s claim as a company statement. I envy Google’s ability to have it both [...]

“Bush could still attack Iran”
Despite the main finding in the latest report from the International Atomic Energy Agency that it “has been able to continue to verify the non-diversion of declared nuclear material in Iran”, the western media has focused on the issue of Tehran’s lack of transparency over the IAEA investigation into recent intelligence [...]

“Hewlett-Packard Cuts 25,000 Jobs After E.D.S. Purchase”
MILLBRAE, Calif. — The computer and printer maker Hewlett-Packard announced on Monday that it would eliminate 24,600 jobs, or 7.5 percent of its work force, as part of its plan for digesting the computer services giant Electronic Data Systems, which it acquired for $13.9 billion in August.
“I think [...]