081002 Daily Links (Oct 02, 2008)
- Thought For The Day: Bad news multiplies and spreads.
- Credit Crisis Spreads a Pall Over Silicon Valley
"From San Francisco to San Jose, the effects are already palpable. This week, Apple, one of the Valley’s high-fliers, lost 16.3 percent of its value as investors reasonably concluded that consumers would shun expensive gadgets over the holidays in favor of lower-ticket items — or paying down their credit cards."
- What effect will the financial crisis have on the tech sector?
"The squeeze will also push companies towards open-source models, since those don’t require expensive licences as well as expensive support. That could be a threat to Microsoft - something that its chief executive Steve Ballmer may have had in mind when he spoke on Tuesday in Norway. "When businesses have less money - they can borrow less money, they can spend less money - that can’t be good. When consumers feel the economic pinch, house prices come down. That can’t be good,"
- job board owners furious over awards controversy
Cheezhead is starting to notice that our industry’s award granting process is corrupt.
- When Its The Economy, its the Community
Downturn based Recruiter availability
- The Conference Board reports Online Job Demand Drops 216,000 in September
Chris Russell believes that it’s going to get wild.
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