Wednesday, April 1, 2009
Gartner: The Sky Is Falling
Global information technology spending will fare worse in 2009 than it did during the dotcom bust of 2001. That’s the grim news from Gartner, which Tuesday predicted that worldwide IT spending will slip to $3.2 trillion this year from $3.4 trillion in 2008. If that should happen, the drop will be the greatest decline in IT spending in nearly a decade.




Funny isn’t it? Congress spent most of last year calling for Internet companies to limit user data retention and here it is pushing legislation that would require Internet service providers and the operators of Wi-Fi access points to retain Internet user data for up to two years. Why? To protect children from predators, of course