As the economy falters, technology stalls
December 19, 2008
In this 14-day series, CNET News profiles people in various technology sectors--from the start-up execs getting a stern talking-to from their investors to the holiday shoppers in the housing foreclosure epicenter of Modesto, Calif., to see how real people are handling the recession.
LogLogic's Patricia Sueltz heard a clear message about the economy from investors. But she already knows a thing or two about navigating through tough times.
It's easy to vilify the guy who hands out the pink slips. But contrary to popular notions, these aren't decisions that are taken lightly, at least with the executive we interviewed.
Video: What it's like to lay people off
Six months ago, biofuels start-up Mascoma had the wind in its sails, as did the rest of the clean-tech sector. Now, the company is treading carefully and scaling back.
Balancing the checkbook is a tense chore for an unemployed IT consultant and his wife. Their story is becoming less unique.
Dennis Hescox has been around the games industry for years. Now, as the economy founders, he is trying to turn to iPhone games as a way to make a living. The challenges are huge.
Suleman Ali had quick success with his start-up. But with the economy sinking and big companies flexing their muscles, he knows it will be harder for his peers to do the same.
With malware attacks on the rise, McAfee cybercrime strategist Pamela Warren is increasingly focused on helping Internet users.
A programmer thought he was settling into good shape financially when he landed a temporary job with Microsoft. He was wrong.
Four-fifths of Steve Borsch's revenue evaporated in two months. But the problem sent the Web communication consultant in a new, better direction.
A young single father's career in retail electronics is stalled before it really gets started, as Circuit City closes its stores.
Modesto, Calif., has been hit hard by the housing crisis and already has double-digit unemployment. Nonetheless, there are plenty of shoppers in the new local Apple store.
Treb Ryan managed to sell a start-up for big bucks just as the dot-com boom was ending. But now, just getting funding for his current company is proving hard work.
An Oakland, Calif., family knew they had to trim monthly expenses. So they took a novel, Internet-savvy approach to cutting costs while still watching their favorite programs.