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Posts Tagged ‘businesses’

While California and New York tend to get the most attention as technology hubs, other states are quietly hosting their own vibrant communities around technology and innovation. Utah is one of these states. Utah is home to tech giants Omniture (which was acquired by Adobe for $1.8 billion), Novell, Symantec. And today, Utah is getting its very own startup incubator, BoomStartup, which is a seed capital and mentor-focused investment program for web and software start-ups based in Utah.

Based in Orem, Utah at the Canyon Park Technology Center (the original site of WordPerfect Corporation), BoomStartup is a full-time program that will run from May to August and provides each selected company with seed capital (up to $15,000), mentoring from entrepreneurs and technologists, free office space and resources, and education that takes them through the various steps of getting a tech startup off the ground. For its first rounds, the organization will choose eight startups to participate in the program. Applicants for BoomStartup must have a founding team (two or more individuals) and an idea with a focus on web, mobile, software, and non‐hardware tech. Startups can apply here.

BoomStartup was founded by Utah angel investor John Richards who invested in Omniture. BoomStartup is made up of seven other mentors and investors in the fund. Each investor-mentor has contributed $15,000 in the fund. Investors include Omniture co-founders Josh James and John Pestana, Ralph Yarro, Nobu Mutaguchi, Martin Frey, and Rod Watson.

It’s always great to see investors and former tech executives investing time (and money) in promising startups and ideas. And we are seeing a plethora of innovative startups emerging from a variety of incubators around the country and world, including Y Combinator, TechStars, The Founder Institute, Launchbox Digital and more.

Continued Richards: “This group of investor-mentors has a track record of growing successful businesses and creating innovative technologies. Their expertise and vision will be invaluable to the selected companies, and give them the know how to overcome the obstacles they might confront, whether that be on the business or technological side.”

BoomStartup will host a series of “Meet the Investor-Mentor Days” through the April 12, 2010 deadline; the first will be held Friday, March 12, 2010 at 4 p.m. at the Canyon Park Technology Center, Building J (1401 N. Research Way, Orem, Utah). Investors-Mentors will be on hand to talk with prospective applicants about business, technology and discuss strategies for their businesses.

One of the most detailed 3-D mapping apps on the iPhone is UpNext, which lets you click on 3-D buildings and see a list of the businesses and offices inside. Up until now, however, it only covered New York City.

A new update adds three new cities: Boston, Washington, D.C., and Austin (just in time for SXSW, of course). The Austin map won’t be available until later tonight, where it will appear in the app’s city selection screen. UpNext lets you zoom around the city in a very Google Earth-like fashion, search for restaurants, bars, and stores.

You can favorite and bookmark different venues, see Citysearch and Yelp reviews, and broadcast a tip about the place through Facebook or Twitter. UpNext now pulls in local listings data (addresses, phone numbers, reviews,menus, websites, photos) from CityGrid, Citysearch’s local content and advertising network.

And what would an Austin update be without Foursquare integration. Once you log into Foursquare through UpNext you can see where all your friends are checking in. The checkins are overlayed as glowing blue dots on the map.

Here’s a video demo showing off all the features of the app:

This is a guest post by Mark Suster, a 2x entrepreneur who has gone to the Dark Side of VC. He started his first company in 1999 and was headquartered in London, leaving in 2005 and selling to a publicly traded French services company. He founded his second company in Palo Alto in 2005 and sold this company to Salesforce.com, becoming VP Product Management. He joined GRP Partners in 2007 as a General Partner focusing on early-stage technology companies.

TechCrunch Europe ran an article in November of last year that European startups need to work as hard as those in Silicon Valley and I echoed the sentiment in my post about the need for entrepreneurs to be maniacal about their businesses if one wants to work in the hyper competitive tech world.

It’s only been a few hours since MySpace finally completed and acknowledged its acquisition of imeem. MySpace has now shuttered the streaming music service, which doesn’t come as much of a surprise. But in its haste, MySpace has also pulled the rug out from under any developers tapping into the imeem API, without bothering to give them any warning at all.

One of the biggest apps affected is twt.fm, a mashup between the Twitter and imeem APIs that lets users easily tweet out links to their favorite songs. The app has become quite popular, driving over 1.5 million users to start following the official twt.fm Twitter account. Developer Lee Martin, who built twt.fm, has written an SOS blog post about the change. From Martin’s post:

It’s only fitting that the day after I speak on a panel regarding the creation & usage of APIs and their importance to music innovation, that MySpace shows up to pull one of the best API platforms out from developers’ feet without warning. I created a Twitter/Music app called twt.fm (http://twt.fm) that mashed up the Imeem API with Twitter’s API to allow for music sharing via short links attached to tweets. While it wasn’t the most trafficked of services, I do believe it added a certain value to the Twitter experience and given @twtfm’s 1.5 million followers, I’d like to think others feel the same.

If this is MySpace’s idea of how to run a successful music tech company, they have truly lost their way. Imeem was leagues ahead of their competition (MySpace, iLike, and Lala) in terms of technology and openness. They represented the music business of the future. Now they are a forced hyperlink to a cold, un-innovative, MySpace landing page (http://myspace.com/imeem) making false promises and giving no guidance or help for the developer community they just destroyed.

Lee is understandably upset, and I suspect plenty of other developers will have similar complaints. But we’re hearing that the label deals imeem had negotiated have expired, so MySpace may not have had many other options. The death of the API is also related to the way imeem was set up — when imeem proper goes down, so does the API. Given that all of imeem now redirects to MySpace, that would explain why the API is dead.

All of that said, there’s no reason MySpace couldn’t have given developers some sort of warning. Some of these developers rely on these APIs for their businesses, and are now having to fix their services on the fly.

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Is this what Peter Ha is working on?

See original here:
Time Inc. wants a Kindle-alike

It’s got a pedometer , of that we’re sure, but what about a heartrate monitor?

Go here to read the rest:
iPod nano could get a Nike+ heart rate monitor

The Palm Pre will be Twitter friendly. In a demo of the Palm Pre at the D7 conference a few minutes ago, Twitter search was showcased as one of its universal search options (along with Google and other search engines). Other features shown in the demo included the ability to sync the Pre to iTunes, download music over the air from the Amazon MP3 store, run multiple apps at the same time, and integrate third-party apps with other apps on the device such as the calendar. For instance, if you buy a movie ticket through a Fandango app, it can make an entry on your calendar.

In an interview on-stage, Palm’s largest investor Roger McNamee of Elevation Partners noted that Palm represented 45 percent of the capital invested by Elevation so far. McNamee compared Elevation to the early days of Kleiner Perkins, where the partners are fully engaged in the businesses they invest in and they invest in very few companies (Elevation has six portfolio companies and five partners). Palm is its biggest bet by far. “This will be the thing that defines us,” says McNamee. He is confident that there is room in the transition from feature phones to Web-enabled smartphones to carve out a decent business for Palm. First, he’s got to make sure the Pre does not flop.

Asked whether Apple would mind that Palm built iTunes sync into the Pre, McNamee shot back: “They are practically a monopolist. Consumers want their content.” The Pre can only sync non-DRMed content from iTunes. And there are other ways to get that content, but this is the first non-Apple device that syncs directly with iTunes without the use of third-party software. ” They can’t tell people what to do with music that they own,” says McNamee. “We are confirming their dominant market share. They are not stupid.”

Crunch Network: CrunchBoard because it’s time for you to find a new Job2.0

MSI, no strangers to charity , are keeping up their philanthropic efforts. This time they’ve donated one whole PC to Green Spaces , a co-working facility in New York for green-minded entrepreneurs. Way to go, MSI! I can think of no better way to show your support for green initiatives than to donate a single $400 PC to a place for budding business professionals to congregate.

Continued here: 
MSI announces strategic partnership, donates one PC

Time Warner announced first quarter earnings today, giving us a peak at how AOL is doing. It’ seen better days. Revenues were down 23 percent to $867 million. Of that advertising revenues made up about half ($443 million), but were down a gut-wrenching 20 percent. Yahoo, in comparison, saw a 12 percent decline in advertising revenues during the quarter, and Google saw 6 percent growth in total revenues on an annual basis. Even Microsoft did better on the online advertising front, suffering a smaller 16 percent drop in the quarter.

Also revealed in the 10Q filing with the SEC is Time Warner’s intention to separate the old dial-up access business and spin off the rest of AOL:

Although the Company’s Board of Directors has not made any decision, the Company currently anticipates that it would initiate a process to spin off one or more parts of the businesses of AOL to Time Warner’s stockholders, in one or a series of transactions. Based on the results of the Company’s review, future market conditions or the availability of more favorable strategic opportunities that may arise before a transaction is completed, the Company may decide to pursue an alternative other than a spin-off with respect to either or both of AOL’s businesses.

New AOL CEO Tim Armstrong gets a pass this quarter because he was just hired away from Google in March. But he has to stop the bleeding before a spin-off or sale is possible. Meanwhile, on the product front, AOL is pushing forward with tweaks to its homepage that more fully integrate blogs, Twitter, and social networks. And AOL is positioning AIM and Socialthing as a single sign-on alternative to Facebook connect and Google Friend Connect.

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