Tech failures of the last decade!
Several of the best funded and most publicized tech launches of the last ten years have ended in failure. I have made a list of five biggest tech failures in last ten years yet and collected some details about them.
Five biggest tech failures of last decade are -
- Vista – The security features of MS vista released worldwide on January 30th,07, were not good as the previous versions of Windows. Analysts also criticised Vista for being slower than Windows XP.
- Gateway – Once among the top computer makers in the America, Gateway fell on bad times. Bought up by Acer for $710 mn (RS 3,301.5 cr) by “07, its failure was blamed on reluctance to enter the top biz.
- HD DVD – There are various reasons why HD-DVD format lost out to Blu-ray. The most common reason being Sony did a better job convincing film studios to release HD editions of movies for Blu-ray.
- Vonage – Vonage was predecessor of Voice-over-internet Protocol (VoIP). Currently, it’s a footnote in the growth of an industry ruled by products of cable companies and free service.
- YouTube – The world’s largest video sharing site, was bought up by Google for $1.65 million (RS 7,672.5 cr) in November of 2006. Even though it’s big. YouTube hasn’t yet come up with a model to make money.
These were the five biggest tech failures yet.
Credit – Time(dot)com, Hidustan Times Next and Reason Pad.
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@prateek Can’t say anything about it, I have yet not used it, but will surely give it a try and review it on Extreme Trix.
“YouTube – The world’s largest video sharing site, was bought up by Google *for $1.65 (RS 7,672.5 cr) in November…”…lolz u missed out “million” or “mn” in this line…
Youtube worth $1.65 only??? ROFL!
@HacK_MiNDeD LOL.. Fixed.. Thanks for notifying..
Now Win7 had overtaken Vista
nice list, however i won’t consider youtube as a failure, digg, facebook or any other social site has not come up with a good revenue model and convincing profits… however all have their plans that might work in the future, the best part are that they all are leaders in their market.