Newmerix may have shut down

Colorado based Newmerix, a specialist in change management solutions specifically designed for SAP, Peoplesoft and Oracle E-Business applications has closed its doors, according to an unconfirmed tip received by The Inquisitr. According to the tip from a former ... continue

Markets might be a bloodbath but Tech will survive just fine

I came across an interesting look at the recent free fall of the markets that we have been experiencing courtesy of Mark 'Rizzn' Hopkins on his personal blog. In the post he points to a blog post ... continue

Online retail websites feel economic crisis

Traffic to online retail websites in the United States has declined for 8 consecutive weeks, according to new figures from Hitwise. Visits to a custom category of 500 retail websites declined 3% for the week to October 25 ... continue

Mahalo cuts 10% of workforce

Former human search engine turned uberblog Mahalo has announced a 10% cut in employee numbers. Mahalo CEO Jason Calacanis blogged (ironically given that he publicly quit blogging) that the decision was due to the economic crisis and the ... continue

Reader Poll: Do you want us to regularly cover startup job cuts?

More startups are cutting jobs as America drives deeper into recession. Hi5 has cut 15 positions, and Zivity has cut 1/3rd of staff, according to VentureBeat. It's the tip of the iceberg, with many more job cuts to ... continue

Fact check: bloggers divide into negative and positive camps

Hard economic times are already having a noticeable effect on the tech blogosphere, with bloggers dividing into camps split between negative (doom and gloom) and positive camps. We've been covering both sides here at The Inquisitr, sometimes ... continue

Paging Chicken Little – The Sky Isn’t Falling

Can we please get some sensibility here. Sure the rich folk might have to tighten their belts; but you won't be seeing them standing beside the rest of us in lineups to the foodbank. Yes people living the high ... continue

Web advertising to continue growth during recession: analysts

Three sets of analysts reports out this week indicate that web advertising will continue to grow, despite the onset of a recession and the end of the second web bubble. The bad news in the reports is that ... continue

IT’S OVER! POP GOES THE BUBBLE.

We posted late yesterday that Sequoia Capital had called a crisis meeting of its portfolio companies. It gets worse: Valley A-List VC Ron Conway did a similar exercise, although without the in person meeting and gravestone, according ... continue

Now for the bad news: less investment money for startups

I wrote yesterday that using the economy as an excuse for failure doesn't stack up. In that post I noted that the economic downturn may actually offer new opportunities, such as increased users as people go out ... continue

Using the economy as an excuse for failure doesn’t stack up

"If we don't get three inches, man, Or four to break this drought, We'll all be rooned," said Hanrahan, "Before the year is out." (Said Hanrahan, John O'Brien) You'd had to have been living in a cave to ... continue

How the economic crisis will accelerate the death of newspapers

We've known now for some years that newspapers are in decline. We reported September 4 that the decline in newspaper advertising is accelerating, and that the end of newsprint may be sooner than we think, but that ... continue