One reason for the shift towards more commercially minded research in technology companies is that the nature of IT has changed so much.

科技公司的研究向更商业化转变的原因之一是信息技术的本质已经发生了巨变。

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They are acquiring stakes in technology companies while they are still private, hoping that their eventual IPOs will send share prices even higher.

他们正购入这些仍旧为私人持股的科技公司的股票，希望最终的IPO将推升股价。

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It seems to be a law in the technology industry that leading companies eventually lose their positions, often quickly and brutally.

在科技行业似乎有一条规律，即领先企业最终往往会迅速而残酷地失去它们的地位。

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The founder of electronics maker Kyocera spent decades in the technology industry and served as chairman of one of Japan's top telecommunications companies.

VOA: standard.2010.02.01

We didn't have a feasible business model, let's put it this way, because when we started, the business model is to provide the backend search technology to the portal companies in China.

或者说没有一个，可行的商业模式，因为公司成立初期的商业模式，是给门户网站公司,提供后台搜索技术。

斯坦福公开课 - 百度CEO李彦宏演讲：全球最大搜索引擎的发展课程节选

Our investments in technology companies are more a result of valuation than strong future growth prospects.

FORBES: Donald Yacktman's Focused Fund -- Top Holdings Overview

Nevertheless, it is not a bad idea to invest in technology companies that are going after government customers.

FORBES: Magazine Article

Investors in South Korea ditched shares in technology companies, as well as cyclical plays such as steel companies and shipbuilders.

WSJ: China Shares Fall 1.6%