Tech Firms Prepare for the Worst

Ripples from the financial crisis on Wall Street are already being felt across the technology industry, with CEOs, entrepreneurs, and venture capitalists bracing themselves for much tougher times and considering how best to ride out the economic downturn. Recent market turmoil has seen the technology-heavy NASDAQ drop almost 14 percent over 30 days. The fact that upheaval has hit even big technology stocks hard reflects concerns that an economic downturn will hurt these companies' bottom line.... Full Story