Feeds:
Posts
Comments

Posts Tagged ‘Technology’

Architect Mark Allan recently suffered the loss of his job due to the economic downturn in the housing construction market. Sending out hundreds of resumes did not help his situation, so along with his job search he also spent the last of his savings to develop a construction toy for children. His wife and kids encouraged him to use his advanced 3D computer training and architectural software to develop the prototype models and metal molds. From that point forward, it was just a short step to full plastic production.

As a father and an architect, the inventor, Mr. Allan, realizes that math and science can be intimidating mentally, “But if you can put something in the hands of a child, they will be able to comprehend things better and have more fun,” he says. “Toys influence children; hopefully Qubits(R) will inspire today’s children to expand their horizons to include engineering, chemistry or nanotechnology.”

The economy might be bad, but toys are just as popular as ever. 🙂

The Qubits Construction Toy can also be purchased on the website, www.Qubits.com

Advertisements

Read Full Post »

Whether they’re being groomed for acquisition or poised for long-term profit as standalone entities, Web 2.0 startups continue gorging on investors’ millions, according to a new report today from Internet Evolution. Despite the confusion of the current economic climate, “Web 2.0’s Biggest $inkholes” highlights key areas where VCs and angel investors think big Web 2.0 payoffs await:

  • Targeted advertising: JellyCloud couldn’t hack it and $11.5 million later went belly up; Lotame is staying afloat with its $28 million purse.
  • Social networking: All-purpose inbox company Xoopit is working on a $6 million round, while Orgoo is on indefinite hiatus; AOL’s $850 million for Bebo ended up being largely a write-off for the company.
  • Video: Lots of money’s chasing the desire to be the next YouTube – too bad most of the hosted content is porn; Trooker and others are betting there’s a market for video search.
  • Search: Cuil ($33 million) and SearchMe ($43.6 million) might imagine themselves Google killers, or at least viable alternatives. For investors, imagination makes for a crummy investment strategy.
  • Self-publishing/social-publishing: Uber.com and Bricabox litter this landscape, having shuttered themselves as things got rocky. It’s unclear whether ShareNow.com can thrive here.

“These startups are gambling that they’ll be acquired by the dominant players in each of these Web 2.0 sectors – Google, Facebook, YouTube, MSN, and Yahoo,” says Terry Sweeney, Editor in Chief of Internet Evolution. “As if today’s market wasn’t enough of a hindrance, many of these startups also suffer from fuzzy business plans, poor execution, and even crummy company names. Incredibly, that’s not stopping the flow of investment in some below-average companies.”

About Internet Evolution: Internet Evolution hosts more than 100 world-famous Internet experts – such as Kevin Mitnick, once the most-wanted computer hacker in the world; Dr. Lawrence Roberts, inventor of packet switching, and one of the world’s foremost authorities on telecom network architectures; Vint Cerf, Vice President and Chief Internet Evangelist for Google; Craig Newmark, the founder of Craigslist.com; Paul Mockapetris, inventor of the Domain Name System (DNS); Howard Schmidt, former White House cybersecurity adviser; and Andrew Keen, author of Cult of the Amateur: How the Internet is killing our culture — all of whom are addressing today’s critical socio-economic issues within its ThinkerNet blogosphere. Internet Evolution also offers broadcast-quality broadband video documentaries and interviews; investigative reports; and user-generated content facilitated via the latest Web 2.0 technology.

About TechWeb: TechWeb, the global leader in business technology media, is an innovative business focused on serving the needs of technology decision-makers and marketers worldwide. TechWeb produces the most respected and consumed media brands in the business technology market. Today, more than 13.3 million* business technology professionals actively engage in our communities created around our global face-to-face events, Interop, Web 2.0, Black Hat, and VoiceCon; online resources such as the TechWeb Network, Light Reading, Intelligent Enterprise, InformationWeek.com, bMighty.com, and The Financial Technology Network; and the market leading, award-winning InformationWeek, TechNet Magazine, MSDN Magazine, and Wall Street & Technology magazines. TechWeb also provides end-to-end services including next-generation performance marketing, integrated media, research, and analyst services. TechWeb is a division of United Business Media, a global provider of news distribution and specialist information services with a market capitalization of more than $2.5 billion.

About United Business Media Limited: United Business Media Limited (UBM) is a global media and marketing services company that informs markets and brings the world’s buyers and sellers together at events, online, in print, and with the information they need to do business successfully. UBM serves professional and commercial communities, from IT professionals to doctors, from journalists to jewelry dealers, from farmers to pharmacists around the world. UBM employs more than 6,500 people in more than 30 countries. UBM’s businesses operating in the US include CMPMedica, Commonwealth Business Media, Everything Channel, PR Newswire, RISI, TechInsights, TechWeb and Think Services. UBM is listed on the London Stock Exchange (UBM.L) and has a market capitalization of $2.5 billion.

Read Full Post »

Citysearch.com is defrauding its advertising customers of millions of dollars by not only turning a blind eye to click fraud, but in fact encouraging it as well, according to a lawsuit filed in Los Angeles Superior Court by Kabateck Brown Kellner, LLP.

“Most click fraud cases involve companies that simply turn a blind eye to it,” said the victims’ attorney, Brian S. Kabateck, Managing Partner of Kabateck Brown Kellner. “Citysearch does this too, since it has no real program to prevent click fraud. But Citysearch goes beyond indifference to actively incentivizing click fraud. Citysearch’s motive is simple: clicks equal cash, whether they’re fraudulent or not.”

Kabateck recently won a multi-million dollar settlement from Yahoo! And was part of an earlier $90 million settlement from Google on behalf of advertisers who were victimized by click fraud. He also recently filed a federal class action suit against Google for fraud within its “AdWords” pay-per-click advertising system.

Citysearch, part of IAC/InterActiveCorp, which is headed by Barry Diller, pays commissions to its salespeople based on the number of clicks their customers’ ads receive, providing an incentive for click fraud, according to the lawsuit. Furthermore, the suit contends, contrary to Citysearch’s own representations to its advertisers, it takes no real steps to prevent click fraud. And when customers become victims of click fraud, Citysearch fails to adequately advise them that they have been victimized or refund the money paid to Citysearch for that fraudulent activity.

The lawsuit seeks to represent all people or entities in the United States who paid money for pay-per-click advertising through Citysearch.com. As detailed within the suit, the case of plaintiff Tom Lambotte shows Citysearch refusing to acknowledge blatant indications of click fraud.

Lambotte’s Citysearch ad received a total of 7 clicks (plus two more that he generated) between December 11 and 25, 2007. On December 26 he received a response from Citysearch to his December 22 request to cancel his ad. Suddenly, his ad began receiving 12 to 16 clicks a day, for a total of 69 clicks between December 26 and December 31, when his ad was finally cancelled. He received in these five days 10 times as many clicks as he had received in the previous two weeks. Despite this, Citysearch refused his repeated requests to reverse these charges.

Click fraud can be detected by software that can track suspicious patterns, such as repeated clicks from the same source. Although Citysearch assures its customers that it applies this technology, the experiences of many of its customers shows otherwise, according to the suit. Still, customers are led to believe that Citysearch is in fact actively fighting against click fraud.

According to Citysearch’s “Invalid Click Policy”: “Citysearch also has sophisticated algorithms to track sessions and user behavior on our site to assist us in identifying click patterns that would indicate invalid clicks. In the event we identify a click as invalid, our customers are not charged for such clicks.”

“Citysearch is operating contrary to its own contract with its customers,” Kabateck said.

Read Full Post »

Brightcove Inc., the leading global Internet TV platform, announced the formation of a majority-owned Japanese subsidiary, Brightcove KK. The new subsidiary is backed by $4.9 million in new investment from Brightcove Inc. and four market-leading Japanese strategic partners: Dentsu, Inc., J-Stream, Inc., transcosmos, Inc. (transcosmos), and Cyber Communications, Inc. (CCI). Three of the investment partners, Dentsu, J-Stream, and CCI, along with Brightcove Inc., will be sales agents for Brightcove KK in Japan, giving Brightcove KK immediate and powerful access to the Japanese market.

Headquartered in Tokyo, Japan, Brightcove KK will operate a localized version of Brightcove’s award-winning, on-demand Internet TV platform, which is currently used by media companies and marketers across North America and Europe. With Brightcove KK, Japanese media companies and marketers will gain access to the most powerful and scalable software as a service (SaaS) solution available for online video players, distribution, and advertising.

“Brightcove enters the Japanese market at a time when household broadband penetration has surpassed 50 percent, presenting enormous opportunities for media companies and advertisers to build online businesses and engage audiences,” said Jeremy Allaire, chairman and chief executive officer, Brightcove. “It is a great privilege to be partnering with the market leaders in Japan for digital media and advertising. By combining the proven Brightcove technology with the capabilities of our partners, Brightcove KK will give media companies and marketers in Japan a unique solution for implementing their online video strategies and unlocking the potential in the market.”

The Brightcove KK partners represent the market leaders in Japan in digital media, advertising, and content delivery.

  • Dentsu, Inc. is the largest advertising company in Japan with a market share of approximately 30 percent and has over 6,000 clients Groupwide.
  • J-Stream, Inc. is Japan’s largest content delivery network specializing in streaming media for content providers and business corporations.
  • transcosmos is Japan’s leading information processing outsourcing company adopting the latest Internet technology through the strategic investment and business development.
  • CCI is Japan’s largest interactive adverting company that currently has more than 30 percent of the country’s digital brand marketing, a popular advertising serving technology, and online advertising network.

These companies bring tremendous reach into the media and marketing sectors in Japan, and will help ensure the success of Brightcove KK in the Japanese market.

Read Full Post »

On June 11, leading authorities on the World Wide Web will gather at Rensselaer Polytechnic Institute for an old-fashioned debate with a social media twist. The questions for discussion will be shaped and selected by the collective wisdom of Web users from around the world.

Tetherless World Research Constellation, Rensselaer Polytechnic Institute.

After delivering a keynote address, Tim Berners-Lee, inventor of the Web, will join a panel of experts from academia and industry for a public discussion about the Web’s future. The content of the debate will be collaboratively created by Web users, who can submit questions and promote them through a user-based ranking system, similar to the community-based news site Digg. The most popular questions will drive the discussion at the June 11 debate.

The public debate, which will be streamed live via an interactive Webcast, is part of a daylong event to celebrate the launch of the Tetherless World Constellation at Rensselaer – a new academic center devoted to the emerging field of Web Science.
A wide range of issues are up for discussion, from sustaining the usefulness of the current Web to creating a next-generation Semantic Web, as well as the role of politics, education, and sociological factors in the Web’s continued evolution. Following introductory remarks by Rensselaer President Shirley Ann Jackson, participants in the panel will be:

  • Tim Berners-Lee, inventor of the Web and director of the World Wide Web Consortium.
  • Wendy Hall, vice president of the Association for Computing Machinery and senior vice president of the Royal Academy of Engineering.
  • Nigel Shadbolt, former president of the British Computer Society and chief technology officer of Garlik.
  • Nova Spivack, high-tech entrepreneur and founder of Radar Networks.
  • Deborah McGuinness, Web language expert and Rensselaer Constellation Professor of the Tetherless World Constellation.
  • James Hendler, one of the inventors of the Semantic Web and Rensselaer Constellation Professor of the Tetherless World Constellation (moderator).

Members of the public are invited to submit and vote on questions until the day of the debate. During the discussion, viewers will be able to interact with the panelists by submitting follow-up questions and comments in real time. For details about this innovative event and how you can participate in the discussion, go to: http://tw.rpi.edu/launch.

Since its inception, the Web has changed the ways people work, play, communicate, collaborate, and educate, according to James Hendler, Constellation Professor of the Tetherless World Constellation at Rensselaer. There is, however, a growing realization among researchers across a number of disciplines that without new research aimed at understanding the current, evolving, and potential Web, opportunities for new and revolutionary capabilities may be missed or delayed.

“If we want to be able to model the Web, if we want to understand the architectural principles that have provided for its growth, and if we want to be sure that it supports the basic social values of trustworthiness, personal control over information, and respect for social boundaries, then we must pursue a research agenda that targets the Web and its use as a primary focus of attention,” Hendler said.

The Tetherless World Constellation will address this emerging area of Web Science, focusing on the Web and its future use. Faculty in the constellation will explore the research and engineering principles that underlie the Web, will enhance the Web’s reach beyond the desktop and laptop computer, and will develop new technologies and languages that expand the capabilities of the Web. They will use powerful scientific and mathematical techniques from many disciplines to explore the modeling of the Web from network- and information-centric views.

“Our goals will include making the next generation Web natural to use while being responsive to the growing variety of policy and social needs, whether in the area of privacy, intellectual property, general compliance, or provenance,” Hendler said. For more information about the Tetherless World Constellation, go to: http://tw.rpi.edu.

Read Full Post »

The Ford Foundation announced the election of N.R. Narayana Murthy to its board of trustees. Mr. Murthy is chairman of the board and chief mentor of Infosys Technologies Limited, an international software services firm based in Bangalore, India. He will join the board at its May meeting, which begins today. Ford Foundation trustees are elected by the full board and serve six-year terms.

N.R. Narayana Murthy

“N.R. Narayana Murthy is respected around the world as a pivotal leader in international business, key innovator in information technology and champion of strong corporate governance,” said Kathryn Fuller, chair of the Ford Foundation Board of Trustees. “He is deeply committed to the mission and values of the Ford Foundation and will play a critical role in advancing our efforts to improve lives and create opportunity for people throughout the world.”

Along with six other software engineers, Mr. Murthy founded Infosys in 1981. He served as the company’s CEO until 2002 and as executive chairman of the board and chief mentor from 2002 to 2006.

Mr. Murthy serves as an independent director on the boards of several global companies including Unilever, HSBC and NDTV. He is also a member of the advisory boards and councils of several educational institutions including The Wharton School of the University of Pennsylvania, Cornell University, INSEAD, Stanford Graduate School of Business, University of Tokyo, Singapore Management University (SMU), Indian Institute of Information Technology-Bangalore (IIIT-B) and ESSEC Business School, Paris.
The recipient of numerous honors, Mr. Murthy was awarded the Padma Vibhushan, the second highest civilian award, by the Indian government in 2008. The Government of France conferred upon him the Officer of the Legion of Honor in 2008 and Britain conferred upon him the Commander of the Order of the British Empire (CBE) in 2007. In 2005, he was ranked among The Economist magazine’s list of 15 most admired global leaders.

Mr. Murthy joins a group of senior business leaders who have served as trustees of the foundation, including Henry Schacht, former CEO of Lucent Technologies, and Ratan Tata, chairman of the Tata Group.

Ford Foundation trustees set policies relating to grant making, geographic focus, spending, investment, management, governance and professional standards, and they oversee internal and independent audits. Over the years, the foundation’s trustees have hailed from four continents and have extensive experience in the worlds of higher education, business, law, government and the nonprofit sector.

The Ford Foundation is an independent, nonprofit grant-making organization. For more than half a century it has been a resource for innovative people and institutions worldwide, guided by its goals of strengthening democratic values, reducing poverty and injustice, promoting international cooperation and advancing human achievement. With headquarters in New York, the foundation has offices in Africa, the Middle East, Asia, Latin America, and Russia.

Read Full Post »

The French Trade Office in San Francisco has announced the beginning of the French Tech Tour (FTT). The week long mission will introduce 11 French technology startups to the movers and shakers of Silicon Valley. The 11 finalists were selected from over 24 applicants by 9 supporting companies including AT&T, Cisco, Ebay, Google, HP, Intel Microsoft, Sun Microsystems, and Symantec. Backed by UBIFRANCE, the FTT focuses on bridging the gap between Silicon Valley and Paris. The week of workshops and one-on-one interviews will also include a mini-conference on May 21st called Valley Talk: Make It or Break It where both French and U.S. startups will learn strategies for business success.

In its second year, the FTT has quickly gained recognition in both the U.S. and France. Referred to as the home of some of the best high tech clusters in Europe, French companies continue to raise the technology bar for their U.S. counterparts. Participation in this tour furthers the collaboration between the two countries. This year’s startup companies include:

Bobex – a leading B2B e-marketplace, active in 6 countries, makes markets more transparent by matching local buyers and suppliers for non strategic products & services.

Exaprotect – a provider of regulatory and audit compliance log monitoring, event management for threat detection, and change management to allow business policy based network configuration change.

DELCREA – the inspirer in resolving the challenges of email from both diagnostic to efficiency solutions for individuals to large companies. Their software brings an innovative approach to control, organize and secure email faster and easier while reducing time building knowledge bases from existing content, and eliminating all risk of compromising internal and external business sensitive data.

myERP.com – a complete web-based ERP solution using Google technology (GWT & Google Apps) and covering all functional fields of company management around a single database: CRM, Commercial Management, Logistics, Points of sale, Finance & Accounting, Purchases, Production, Quality.

Maeglin – a mobile phone software company specialized in peer-to-peer exchanges. At Maeglin, we free people’s mobile, with Pleex a Mobile social networking software that allows content back up & sharing.

Momindum – the technology leader in the creation of rich media presentation. Our software generates, from recorded speech, professional presentations using synchronized documents and indexed video; our rich media are capitalized in a base with deep-tagging technology.

Newscape Technology – the top innovator in software graphical engines on mobile devices to enable the development of new applications using massive 2D / 3D vector data, textures, Content / Advertising and topography.

Sinequa – a search specialist created with the vision that corporate information is complex, heterogeneous and poorly organized. Sinequa has built a corporate search solution that can access to all sources and applications, managing security, using linguistic and semantic algorithms to add context to information and to offer intuitive navigation combined with efficient search.

STG Interactive – has invented a way for everybody on the planet to create their own secure and user-friendly mini-site, called a “frogans,” located on the Internet via its frogans address. STG Interactive provides developers and Internet users with free standard technology for authoring and browsing frogans, and is the directory provider of frogans addresses.

TellMeWhere – the first local search engine where relevancy of results are guided by recommendations of people you can choose and where content can be enriched and corrected by end-users, provides a better alternative to current local search engines or directories.

Twinsoft – an actor in Enterprise Mashups whose flagship product, Convertigo Enterprise Mashup Server helps companies reuse their existing assets to build new and exciting WEB 2.0 composite applications for a fraction of the cost and time needed to complete software rewrites or traditional development.

Each company will hold one-on-one meetings with supporting companies’ corporate development teams, as well as interviews with media, training for presenting and demoing at conferences in the U.S. and introductions with some of the valley’s fast-growing startups.

The Valley Talk mini-conference will host keynote speaker Eric Benhamou CEO of Benhamou Global Ventures, Chairman of 3Com and former CEO of Palm. The show will include an in-depth talk with leading editor’s and analyst from CNET, Fortune, GuideWire Group and VentureBeat. Along with demonstrations from each company the event will conclude with a panel of leading executive in business development from sponsoring companies outlining what they are looking for in partnerships as well as potential acquisitions.

“Our goal is to build deeper relationships between the tech communities here in Silicon Valley and in France,” said Aymeril Hoang, Director, Information & Communications Technology, Embassy of France in the U.S. Trade Office. “By bridging this gap we can open the door to new opportunities for both countries. It’s as much about introducing Silicon Valley to the technology leadership in France as vice versa. Hopefully we are fostering and growing the big companies and partnerships of the future.”

Read Full Post »

Older Posts »