Tech Spending drastically decreasing

With economic hardships reaching into business and financial sectors around the world, it was only a matter of time before we saw the tech industry affected. Techtel Corporation released findings today announcing that overall tech spending has fallen drastically over the last four quarters and that only an estimated 3.9% of companies are expected to increase their IT spending. Michael Kelly, CEO of Techtel, remarked: “Tech’s hesitation about future demand is well-founded. U.S. IT spending is slowing and expected to continue doing so. It appears we may enter a period of declining IT spending during the second half of 2008.”

YouTube needs some home cleaning

Reports in todays UK tabloid newspapers indicate that members of the UK parliament are demanding that YouTube cleans up its video network.

Kids as young as eight are finding images of porn, violence and horror on internet video sites like YouTube. According to a commons report, one in six schoolchildren has seen “nasty, worrying and frightening” content. It also revealed video sharing sites like YouTube do nothing to protect kids from such content.
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