search query: @author Malik, O. / total: 5
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Author: | Schonfeld, E. Malik, O. |
Title: | Gulp? |
Journal: | Business 2.0
2003 : AUG, VOL. 4:7, p. 88-95 |
Index terms: | INFORMATION INDUSTRY INFORMATION ECONOMICS TELECOMMUNICATIONS INDUSTRY RECESSION |
Language: | eng |
Abstract: | The tech industry is poised for a major eat-or-be-eaten phase. In Silicon Valley there was a season of deprivation that began three years ago with the bursting of the bubble. It has been the worst famine in tech history, starving thousands of companies of customers and capital, and it still shows only sporadic signs of relenting. But it isn't only the software sector that's likely to face a convulsion. Hardware, telecommunications, and Internet companies are feeling heat to consolidate as well. Despite the brutal postbubble winnowing, there are still simply too many tech companies-more than 10,000 at last count. |
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