China is about to surpass the U.S. as the country with the most Internet users.
The state-operated China Internet Network Information Center reports that 210 million Chinese were online by the end of 2007, just five million less than the number in the U.S. However, while the total represents about two-thirds of the U.S. population, China’s Internet penetration rate is only 16 percent.
“Here Comes Another Bubble,” a video lampooning Silicon Valley’s tech frothiness, has generated buzz in office cubicles around the region since it was released on YouTube last month. But ever wonder why the ditty was so spot-on in its spoofing of new tech buzzwords and lemming-like venture capitalists?
Turns out the song’s author knows plenty about the business of technology.
Expect more calls from startups promising to reduce the amount of energy your business consumes and fewer about getting your work done faster. That’s because venture capitalists say they’ll invest less in old standbys like software and semiconductors in 2008 and more heavily in environmentally-friendly tech.
If the top tech exec at your company isn’t in the holiday spirit here’s a possible reason: Chief information officers may be losing their influence.
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