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WSJ Tech News Briefing

Inside the Software Sector’s $1.6 Trillion Meltdown

WSJ Tech News Briefing

The Wall Street Journal

Tech News, News

4.31.7K Ratings

🗓️ 27 February 2026

⏱️ 12 minutes

🧾️ Download transcript

Summary

Once a bankable, buoyant sector, software is turning off investors spooked by an AI-powered future. WSJ markets reporter Jack Pitcher explains how we got here. Plus, personal tech columnist Nicole Nguyen is here with tips to avoid those dreaded “storage full” alerts. Katie Deighton hosts. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

The world moves fast. Your workday? Even faster. Pitching products, drafting reports,

0:07.0

analyzing data. Microsoft 365 copilot is your AI assistant for work, built into Word, Excel,

0:14.0

PowerPoint, and other Microsoft 365 apps you use, helping you quickly write, analyze, create, and summarize. So you can cut through

0:23.1

clutter and clear a path to your best work. Learn more at Microsoft.com slash M365 copilot.

0:33.7

Welcome to Tech News Briefing. It's Friday, February 27th. I'm Katie Dayton for the Wall Street Journal.

0:41.3

How many times have you opened your smartphone camera ready to capture a perfect moment, only to be told you're out of storage?

0:49.4

Today, we're looking into how to prevent that from happening once and for all. Then, we're taking a snapshot of software stocks.

0:57.0

Shares of companies like Salesforce, Adobe and Intuit have been hit hard by the arrival of newer AI-powered rivals.

1:05.0

We analyze what's happening to an industry that was once a sure bet for investors.

1:13.5

But first, almost nothing in this digital age is more annoying than that storage-full

1:19.0

notification.

1:20.5

Apple and Google have for years now been charging users for extra cloud storage once their

1:24.9

standard allocation has been filled with photos, videos, and other precious memories.

1:29.9

But very few of us have tried to do something about those ever-increasing fees.

1:35.0

Enter WSJ Personal Tech columnist Nicole Nguyen, who's been looking into what else can be done

1:40.7

when it comes to smartphone storage.

1:43.3

Nicole, let me start by asking you about some of your

1:46.0

own cloud storage experiences. How often have you been burned by that storageful notification?

1:52.1

I hadn't for a while, and then I had a kid, and there's certain milestones in life where

1:58.4

your photo intake just explodes. I feel like new baby, new pet, bird watching

2:05.2

hobby, whatever. And so this September, I did get that dreaded storageful notification from Google.

2:12.2

And I had run out of my 200 gigabytes, so I had to upgrade. Right, because you're not going to delete pictures of your precious baby.

...

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