EIC podcast: Tech economy turmoil; Cloud computing; Citizen journalism fails

On the economy Dan and I covered a lot of waterfront. We talked about technology spending and how the earnings barrage that comes later this month will be a key indicator. The House had just passed a big bailout bill. I said that the financing arms of technology companies should be closely watched. We also touched on software as a service in a downturn and Sun's prospects.

Regarding cloud computing, Dan's hunch is the often abused buzzword would benefit from a slowing economy. Why build a data center when you can merely subscribe to one? We also touch on Microsoft's cloud computing plans that CEO Steve Ballmer has been talking about this week in Europe. Amazon has already fired back.

And we ended on that fake story about Apple CEO Steve Jobs having a heart attack. Someone made out nicely on that Apple trade. As for citizen journalism it got a black eye.