Venture capitalists poured more money into Internet companies last year than they have since the dot-com bust, according to a survey published Friday.
Stories by Marc Ferranti
After a year in which tech stocks boomed but overall IT spending barely eked out single-digit growth, market forecasters are adopting an air of cautious optimism for 2014.
The U.S. government again claimed state-secrets privileges in a move to block two lawsuits challenging the constitutionality of the National Security Agency's monitoring of Americans' phone communications and email, according to court filings late Friday.
The U.S. National Security Agency (NSA) paid US$10 million to vendor RSA in a "secret" deal to incorporate a deliberately flawed encryption algorithm into widely used security software, according to a Reuters report that is reigniting controversy about the government's involvement in setting security standards.
Tech stocks rose this week on the back of solid economic news and some upbeat results from software vendors, including Red Hat and Oracle.
Technology stocks are up for the year as shares of many vendors are back to pre-recession levels, but recent company results and market research reports have been mixed, calling into question how some vendors will fare next year.
Politics collided with the world of technology this year as stories about U.S. government spying stirred angst both among the country's citizens and foreign governments, and the flawed HeathCare.gov site got American health-care reform off to a rocky start. Meanwhile, the post-PC era put aging tech giants under pressure to reinvent themselves. Here in no particular order are IDG News Service's picks for the top 10 tech stories of the year.
The Nasdaq computer index Friday hit its highest point since November 2000, in the wake of the dot-com bust, despite mixed reports this week from the hardware and components sector.
With a lull in major tech earnings news this week, Intel's investor day and Salesforce.com's Dreamforce developer and partner conference gave market watchers plenty to mull over.
A fresh round of quarterly results and market research this week show some shadows over the networking and component markets while smartphones, as usual, were the stars of the tech arena.
With its new-found focus on IP networking and fast broadband access, Alcatel-Lucent is poised to take advantage of a worldwide explosion in mobile devices and the rush of service providers and operators to the cloud, company executives said at the networking vendor's tech symposium this week.
Despite the frothy headlines stirred by Twitter's initial public offering, tech is not in a bubble of the sort that arose before the 2000 dot-com crash.
Though the shutdown and spending cuts by the U.S. government are taking a toll on IT sales this year, market surveys and financial results from the likes of Apple and Facebook this week show some positive signs for tech.
Strong earnings news from Internet and IT vendors gave a boost to tech stocks Friday, with Microsoft shares touching a six-year high.
After a rollercoaster ride, tech stocks rebounded toward the end of the week following reports of a possible compromise on the political impasse over the U.S. budget.