TechStew

With the proliferation of various social networks and intrusion of technology into our living rooms and private lives one cannot stop to wonder where this new way of social interaction will lead us. There is a general consensus that the Internet technology will shape the twenty first century akin to the way the motion pictures shaped the previous century. The end of the nineteen century, known as the ‘gay nineties’, ushered vast changes in the way humans interacted with one another; it was the age when the new technological advancements entered our homes in the form of a telephone and a telegraph making communication almost instant. Other advances such as automobiles, washing machines, refrigerators, and vacuum cleaners along with shortened work hours meant that people had more time for leisure and interpersonal relationships than ever before. Automobiles and telephones made the world smaller and more accessible. With the advent of motion pictures at the beginning of the twenti...

Have you ever wonder why did the richest man in the world leave the biggest tech company in the world? Bill Gates The answer may be found in an internal memo that Gates sent out on October 30, 2005 to the top engineers and most trusted managers of Microsoft.  The memo stated that there was potentially a very disruptive technological revolution, which was about to sweep over the entire world, forever changing the way we get information and do business. He also warned that this revolution could wipeout the $200 billion business empire that he spent his life building. Windows 8 Will Cost You $120 After Jan. 31 What he was referring to was the mammoth windowless warehouse built by Design LLC, code named Project 2. The International Herald Tribune described the towering monolithic structures as looming like an information age nuclear power plant. While this may sound like something out of a science fiction novel, the results of this undertaking are n...

  The  Nasdaq Index fell 1.18% today as  Google, and Microsoft reported weak performances in the previous quarter. The two tech giants are usually seen as proxies for the wider economic condition, in part because their business fortunes tend to fluctuate with global spending. Google’s advertising revenue, which still makes up the bulk of its business, it closely tied to the wider economy, and Microsoft still makes a lot of its money off desktop software sales, which also fluctuate with the economy. Google’s quarterly results fell short of Wall Streets expectations; the initial report stated a 20% decrease in revenue resulting in the Internet giant’s stock drop of 9%. The earnings report, which had not been expected until after the market close, revealed a weakening in Google's core Internet advertising business and persistent losses at its recently acquired cellphone business, Motorola Mobility. The slowdown in revenue growth came on the back of f...