Air Force has given clearance for its version of the Joint Strike Fighter to begin tests--a major milestone. The program could cost a trillion dollars over the next 50 years.
A new report by McAfee shows that hacking and cybercrime is costing the global economy billions; however, it's not as bad as was previously reported.
The research firm spots some easing of pessimism, saying now that it expects spending on IT products and services to rise by 4.2 percent in 2013, up from the prior forecast of 3.8 percent.
Piper Jaffray analyst Gene Muster says Apple's total market valuation could soon exceed $1 trillion. Just another $400 billion to go. But beware the Microsoft precedent.
Skepticism of the Bush administration's financial bailout plan, which would put the total bailout cost at around $1.8 trillion, is growing, and crossing normal ideological lines.
Originally a three-page $700 billion bill, House-approved bailout package now includes surveillance provisions and tax credits for green tech, SunKist tuna, and wooden arrows.
A new report by the Information Technology and Innovation Foundation suggests spending $30 billion on IT infrastructure would create or save 949,000 U.S. jobs.
IBM, Google, and other technology companies have been lobbying for U.S. federal spending to be directed their way. This is a bad idea, and out-of-keeping with how technology companies have traditionally sought investment.
A flurry of petition-based Web sites have popped up in the last few days with one purpose: persuading Congress to snub the $700 billion Wall Street bailout.
As the need to curb global warming comes sooner than imagined, governments and businesses need to pony up and work together, says Michael Shellenberger.