What might be some of the most unfortunate news to start off the week is the fact that Nvidia has decided to cancel its Nvision 2009 convention in order to reduce costs, according to the company.

Last year, Nvision was introduced as the world's largest visual computing mega event and took place between August 25th and 27th at the San Jose Convention Center in California. The show sought to define the visual computing space of the IT industry and provided many compelling examples from various worldwide small business and large corporations alike.

Nvidia originally planned to hold Nvision 2009 again in Q3, but has revealed that the economic decline reduced the number of attendees considering visiting the show this year. On another note, the company added that it will still host several smaller forums this fall.