Take Two®

News and culture through the lens of Southern California. Hosted by A Martínez

Big names in tech stumble: what it means for the industry

by Take Two®

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SAN FRANCISCO - SEPTEMBER 14: Twitter CEO Evan Williams is seen silhouetted against a screen as he shows off the newly revamped Twitter website on September 14, 2010 at Twitter headquarters in San Francisco, California. Twitter launched a new version of the popular social media site in hopes it will be more user friendly. . (Photo by Justin Sullivan/Getty Images) Justin Sullivan/Getty Images

All is not green in Silicon Valley.

Some of the biggest names in tech have hit some stumbling blocks in recent days.

Twitter announced it's laying off 9 percent of its workforce and cutting away its video app Vine.

Google has halted the expansion of its fiber optic service Fiber in many cities around the country including Los Angeles.

And Apple had its first decline in annual sales since 2001.

Take Two looks at the health of the tech industry, and if Silicon Beach has a sunnier outlook, with Kurt Wagner, senior editor at the tech site ReCode.

Click the blue audio player above to hear the full interview.

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