Tag Archives | technology

Our Ever-More Electronically Connected Kids

Parents these days seem to complain more and more about their kids being online too much, and a recent study by by the Kaiser Family Foundation indicates that they may spend nearly a third of their day — which in many cases is probably half their waking hours — using some form of technology. Among those between the ages of 8 to 18, 7.5 hours is spend feeding their electronic habits.

This is up over an hour from five years ago, when the foundation suggested that media usage could not rise much further. Well, it has.

Add to this the 90 minutes a day kids spend texting, and another half-hour they spend on the phone that wasn’t included in that figure, and you must think they’re never putting their gadgets down.

Kaiser’s findings are sure to add to those who subscribe to the “turn on, tune it, drop out” theory when it comes to technology. Nearly half of the heaviest users )16 hours plus) had grades of C or lower — essentially failing school — and that number dropped to under a quarter among the lightest users (3 hours plus). We should note here that while these hours sound too high, most media consumption among teens is done through multitasking, requiring far less time.

“The amount of time young people spend with media has grown to where it’s even more than a full-time work week,” KFF president and CEO Dr. Drew Altman said. “When children are spending this much time doing anything, we need to understand how it’s affecting them – for good and bad.”

Is it really technology’s fault, however? I’d argue that it isn’t. Parents must take responsibility in limiting their children’s media usage. Arguably in many cases we’re using video games, television, and other forms to “babysit” our kids, and its forming these bad habits and addictions.

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Tech Stocks Aren’t Immune To The Market Meltdown

There was a time when the market first became wobbly last year that market watchers commented on how well the technology sector was holding up: that time has come and gone. With Wall Street in a tailspin, tech stocks are no longer enjoying the immunity to the market’s problems. From Redmond to Cupertino, and Sunnyvale to Armonk, the pain is beginning to spread.

In fact, some are seeing years of progress wiped out as investors head for the hills. Among the top five tech stocks (in terms of market capitalization), all are down significantly, with most trading quite close to 52-week lows and in some cases multi-year lows.

Microsoft, the largest technology company, has seen its stock fall nearly 21 percent year-over-year as of Tuesday. This is especially frustrating for the company’s shareholders considering the stock saw an impressive run towards the end of 2007 where the stock peaked at $37.50 a share in early November. Since then, the stock has taken a precipitous decline, losing a third of its value and falling back to the levels it has been stuck near for much of the decade.

#2 IBM is also down 18.5 percent, and so is #5 Hewlett Packard, which has fallen nearly 23 percent during the pas year. The biggest drops among the tech heavyweights are Cisco and Google, both falling by more than a third.

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