Video games are recession-resistant
The US video game industry proved its resilience to recession in December with the latest figures from the NPD research firm showing 9 per cent growth on the previous year and revenues topping $5bn in a single month for the first time.
Nevertheless, growth is definitely slowing – down from 18 per cent in October – and console revenues only rose 2 per cent on the previous year. Read more
Carol Bartz, Yahoo’s $20m-plus woman
Whatever you think about Jerry Yang, he was at least cheap. During his 18 months or so as Yahoo CEO he earned approximately $1.50. In fact, if you consider what’s happened to his 4 per cent stake in the company, his wealth actually decreased by around $750m.
So what is there to make of Carol Bartz’s much more lucrative package? Read more
| About this blog | Blog guide |
Richard Waters has headed the FT's San Francisco bureau since 2002 and covers Google and Microsoft, among other things. A former New York bureau chief for the FT, he is intrigued by Silicon Valley's unique financial and business culture, and is looking forward to covering his second Tech Bust.
Chris Nuttall has been online and messing around with computers for more than 20 years and since 2004 has reported from the FT's San Francisco bureau on semiconductors, video games, consumer electronics and all things interwebby.
Maija Palmer has been writing about technology for the FT since 1999 and is fascinated by cybercrime, privacy and all the other issues of the information society. Based in London, she covers European tech companies and hopes that they won't all get acquired by American rivals.
Robin Kwong is the FT's technology, media and telecoms page editor in London. Formerly he was the Taipei correspondent and wrote about the companies that manufacture the vast majority of the world's computers and gadgets. He is interested in the intricacies of the technology supply chain and how China is increasingly changing the tech landscape.
Tim Bradshaw is the FT's digital media correspondent, and has just moved from London to join our team in San Francisco. He has covered start-ups such as Twitter and Spotify, as well as the online ambitions of more established media companies, such as the BBC iPlayer. He also covers the advertising, marketing and video-game industries. Tim has been writing about technology, business and finance since 2003.
