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Even after a massive jolt from the U.S. government for green technologies, investors are tempering their expectations.

Consulting company KPMG on Tuesday is expected to release results of a survey that reflects the conflicted feelings of many venture capitalists.

The societal forces toward clean energy--including energy security and climate change--continue to gain momentum. But the financial crisis has hit the clean-energy industry so hard that even the recently passed stimulus plan cannot completely reverse its course.

"There is no doubt that the green-tech sector remains an attractive investment area, but the lack of available credit and the difficult economic environment … Read more

I spent several hours at ISC East in New York last week to see the latest security hardware and software.

I was disappointed because the conference and expo offered more of the same; nothing really innovative caught my attention, or that of my associates. It seems the industry is focusing on video technology: cameras, DVRs, IP, wireless, remote surveillance, and many flavors of software that all essentially accomplish the same result. There were a few lock manufacturers, alarm distributors, monitoring centers, and access control providers, but I thought the number of exhibitors was relatively slim.

The integration of sophisticated electronics, … Read more

Did you lose a lot of money in the markets over the last two weeks? Do you fear you will lose even more before the bell tolls today?

Please don't worry. Some scientists will soon be able to help you.

Yes, very soon, you will realize that these awful things never happened. You will realize you lost no money. You will realize there was no need for a bailout. You will realize that tomorrow truly is a new day and that yesterday was almost as new as tomorrow.

Whatever people tell you about the future--whether it be investing in … Read more

IBM is cutting pay for workers at chip manufacturing plants in New York and Vermont. This comes on the heels of job cuts at the Vermont facility.

Some shift workers at IBM's semiconductor plant in Essex Junction, Vt., will see net pay reductions of up to 10 percent in early 2009, said Jeff Couture, an IBM spokesperson.

In effect, a 20 percent premium for shift workers is being eliminated, according to Couture. To mitigate employee earnings losses, IBM is making a one-time base pay increase, he added. However, even with this increase, the "net for employees will range … Read more

It's in the East Village around the corner from where the 1960s rock Mecca, the Fillmore East once stood. Rockit Scientist Records is a blast from the past, a 'Village record shop that's a treasure trove for collector oriented psychedelia, '60s, '70s, and '80s garage rock, underground, progressive, punk, blues, soul, reggae, and jazz.

Rockit carries mostly CDs, but there's a lot of new and used vinyl, with a smattering of music DVDs. Owner John Kioussis is there six days a week and always multitasking. "It's not rocket science," heh, heh--drop in, and you'll likely find him sorting records, chatting on the phone and serving in-store customers--all at the same time.

Asked if downloads are killing his business, John got a little worked up, "Anybody who legally downloads music is an idiot! You can get it for free, why pay for it? Download it illegally, who's going to catch you? Legal or illegal, they sound the same."… Read more

Vacationing in Japan this week I accidentally rode on the world's first diesel-electric hybrid train in commercial service: The Kiha E200 running on the East Japan Railway's Koumi Line. Aside from being a new train, introduced in 2007, it seemed like any other, but the photographers camped out for a shot along the mountainous route told otherwise.

The train is a working prototype in use since July 2007 with the aim of gathering data for eventual mass production. Like a hybrid car, the diesel-powered engine is used during acceleration and the electric motor kicks in to maintain speed … Read more

Cuts in three undersea cables, which knocked out data services to parts of the Middle East and Asia last week, continue to spark conversation in the blogosphere.… Read more

It'll be interesting to see how AOL chooses to classify its new corporate headquarters on 770 Broadway in downtown Manhattan. The historic building, formerly home to the Wanamaker's department store, spans an entire city block and now holds offices of one variety or another for companies as varied as J. Crew, Viacom and Billboard. And there's famously a K-Mart (one of Manhattan's few-and-far-between big-box discount retailers) on the ground floor. It's touted by owner Vornado Realty Trust as being "in the heart of the Village." Well, kind of.

Because so many of New … Read more

Today, Google is opening up its educational tier of Google Apps to nonprofit organizations within the United States. Registered 501c3 nonprofits will be able to use and deploy the educational version of Google Apps, which gives organizations unlimited users, free phone support, API integration, and e-mail migration (to transfer existing in-boxes to the Apps version of Gmail).

The company made the announcement this evening at the Google campus in Mountain View, CA where several nonprofits--including Mercy Corps, Idealist.org, NTEN, and the East Bay Community Recovery Project--announced their planned adoption of Google Apps.

The move is the latest in … Read more