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The world is going through tough times, and as a result we see that brilliant ideas amongst technology are being holded back due to a 40 percent down in investments to around $2.18 billion in the fourth quarter of 2008, its worst level in a decade reported by VentureSource.

Many VC are already pulling out their funding from tech startups, giving no hope to future pioneers of the world.

The report said that IT investments dropped to $11.64 billion for all of 2008, down 14.5 percent from the previous year. That being said recent scandals such that of Satyam computers of India, have created a boggle into investors to invest their money wisely in tech and software.

What do you think, should IT be given more thoughtful investments or not?

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