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	<title>Peter Principle &#187; Tech Business</title>
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	<description>Rising to my level of incompetence</description>
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		<title>Tech employment beats the odds</title>
		<link>http://www.redwoodlake.net/principle/2009/03/31/tech-employment-beats-the-odds/</link>
		<comments>http://www.redwoodlake.net/principle/2009/03/31/tech-employment-beats-the-odds/#comments</comments>
		<pubDate>Tue, 31 Mar 2009 21:10:09 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Tech Business]]></category>

		<guid isPermaLink="false">http://www.redwoodlake.net/principle/?p=876</guid>
		<description><![CDATA[Tech offers relative job security, statistics show.
Tech continued to escape the brunt of the financial collapse, despite extensive business with Wall Street where some financial firms have gone belly up or are severely cutting back on spending. U.S. unemployment rates for computer and math-related professions rose from 2.8 percent in 2008 to 5.4 percent in [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Chip sales drop again</title>
		<link>http://www.redwoodlake.net/principle/2009/03/02/chip-sales-drop-again/</link>
		<comments>http://www.redwoodlake.net/principle/2009/03/02/chip-sales-drop-again/#comments</comments>
		<pubDate>Mon, 02 Mar 2009 21:28:44 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Tech Business]]></category>

		<guid isPermaLink="false">http://www.redwoodlake.net/principle/?p=850</guid>
		<description><![CDATA[Chip Sales Decline 29%.
Global semiconductor sales fell about 29 percent in January amid slumping demand for an array of products that use chips, ranging from personal computers and mobile phones to automotive products.
]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Worst IPO market in 30 years</title>
		<link>http://www.redwoodlake.net/principle/2009/01/05/worst-ipo-market-in-30-years/</link>
		<comments>http://www.redwoodlake.net/principle/2009/01/05/worst-ipo-market-in-30-years/#comments</comments>
		<pubDate>Tue, 06 Jan 2009 03:53:43 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Tech Business]]></category>

		<guid isPermaLink="false">http://www.redwoodlake.net/principle/?p=802</guid>
		<description><![CDATA[A couple of stories in the NY Times review the Venture Capital climate in 2008, and make some predictions for 2009. The stats from last year were pretty grim:
Only six venture-backed companies went public last year, the fewest since 1977 and down from 86 in 2007, according to data released Monday by the National Venture [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IPO drought and no rain in sight</title>
		<link>http://www.redwoodlake.net/principle/2008/12/02/ipo-drought-and-no-rain-in-sight/</link>
		<comments>http://www.redwoodlake.net/principle/2008/12/02/ipo-drought-and-no-rain-in-sight/#comments</comments>
		<pubDate>Wed, 03 Dec 2008 05:39:05 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Tech Business]]></category>

		<guid isPermaLink="false">http://www.redwoodlake.net/principle/2008/12/02/ipo-drought-and-no-rain-in-sight/</guid>
		<description><![CDATA[IPOs a thing of the past?

Despite the credit crunch, the VC fund freeze, and the stock market meltdown,  panelists at the  AlwaysOn Venture Summit think that &#8220;good companies&#8221; will still be able to go public. Someday.
Before that happens, a lot of other marginal companies will go out of business.
It&#8217;s the circle of life, Simba.
Meanwhile, [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>Tech firms caught by wave, wipeout</title>
		<link>http://www.redwoodlake.net/principle/2008/11/17/tech-firms-caught-in-a-destructive-wave/</link>
		<comments>http://www.redwoodlake.net/principle/2008/11/17/tech-firms-caught-in-a-destructive-wave/#comments</comments>
		<pubDate>Mon, 17 Nov 2008 21:50:19 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Silicon Valley]]></category>
		<category><![CDATA[Tech Business]]></category>

		<guid isPermaLink="false">http://www.redwoodlake.net/principle/2008/11/17/double-barreled-slump/</guid>
		<description><![CDATA[The NYT says that tech companies had hoped they were skiing in front of the avalanche that&#8217;s claiming the rest of the economy. Clearly they got caught in the carnage, judging by all the layoff announcements in the past month. Tech Companies, Long Insulated, Now Feel Slump.
In the span of just a few weeks, orders [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Worst tech job loss in 5 years</title>
		<link>http://www.redwoodlake.net/principle/2008/11/14/worst-tech-job-loss-in-5-years/</link>
		<comments>http://www.redwoodlake.net/principle/2008/11/14/worst-tech-job-loss-in-5-years/#comments</comments>
		<pubDate>Fri, 14 Nov 2008 21:42:57 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Tech Business]]></category>

		<guid isPermaLink="false">http://www.redwoodlake.net/principle/?p=777</guid>
		<description><![CDATA[According to a new report from Challenger, Gray &#38; Christmas, the tech sector has announced 140,000 layoffs as of Oct. 31 of this year. They predict the industry might cut 180,000 jobs by year&#8217;s end. John Challenger suggests that Cisco, Nokia, and Qualcomm might all announce layoffs this year.
That would make 2008 the worst year [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>Sun keeps digging</title>
		<link>http://www.redwoodlake.net/principle/2008/11/14/sun-keeps-digging/</link>
		<comments>http://www.redwoodlake.net/principle/2008/11/14/sun-keeps-digging/#comments</comments>
		<pubDate>Fri, 14 Nov 2008 21:03:21 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Silicon Valley]]></category>
		<category><![CDATA[Tech Business]]></category>

		<guid isPermaLink="false">http://www.redwoodlake.net/principle/2008/11/14/sun-keeps-digging/</guid>
		<description><![CDATA[Sun Microsystems to lay off up to 6,000 workers
In one of the largest tech layoffs announced this year, Sun Microsystems said today that it will lay off between 5,000 and 6,000 workers, more than 15 percent of its global workforce, over the next year.
]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>Researching the spam economy</title>
		<link>http://www.redwoodlake.net/principle/2008/11/13/researching-the-spam-economy/</link>
		<comments>http://www.redwoodlake.net/principle/2008/11/13/researching-the-spam-economy/#comments</comments>
		<pubDate>Fri, 14 Nov 2008 04:11:37 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Tech Business]]></category>
		<category><![CDATA[Tech Culture]]></category>

		<guid isPermaLink="false">http://www.redwoodlake.net/principle/?p=772</guid>
		<description><![CDATA[An amazing experiment to map the spam economy &#8211; by hijacking 75,000 computers in Storm Worm&#8217;s botnet! Surprisingly, researchers estimate that spam campaigns still earn a profit, even at a response rate less than 1 in 107!
Researchers Hijack Storm Worm to Track Profits
A single response from 12 million e-mails is all it takes for spammers [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>More trouble in the chip industry</title>
		<link>http://www.redwoodlake.net/principle/2008/11/13/more-trouble-in-the-chip-industry/</link>
		<comments>http://www.redwoodlake.net/principle/2008/11/13/more-trouble-in-the-chip-industry/#comments</comments>
		<pubDate>Fri, 14 Nov 2008 03:12:29 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Silicon Valley]]></category>
		<category><![CDATA[Tech Business]]></category>

		<guid isPermaLink="false">http://www.redwoodlake.net/principle/2008/11/13/more-trouble-in-the-chip-industry/</guid>
		<description><![CDATA[Chip companies, amid slackening demand, lower forecasts and cut jobs
Intel of Santa Clara, [...] significantly scaled back its estimate for fourth-quarter revenue. Instead of the $10.1 billion to $10.9 billion it predicted it would take in, the company said it now predicts its revenue will be closer to $9 billion, plus or minus $300 million, [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Job cuts at AMD</title>
		<link>http://www.redwoodlake.net/principle/2008/11/07/job-cuts-at-amd/</link>
		<comments>http://www.redwoodlake.net/principle/2008/11/07/job-cuts-at-amd/#comments</comments>
		<pubDate>Fri, 07 Nov 2008 21:37:01 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Silicon Valley]]></category>
		<category><![CDATA[Tech Business]]></category>

		<guid isPermaLink="false">http://www.redwoodlake.net/principle/2008/11/07/job-cuts-at-amd/</guid>
		<description><![CDATA[Chip Maker A.M.D. Cuts 500 Workers
Advanced Micro Devices said Thursday that it would cut close to 3 percent of its staff [...] The layoffs will affect close to 500 workers, leaving A.M.D. with about 14,960 employees. [...] It plans to have the majority of workers stay on at A.M.D. to handle processor designs, while roughly [...]]]></description>
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