Saturday, March 31, 2012

The killing of Trayvon Martin: how the media shaped the story - editorsweblog.org (blog)

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The killing of Trayvon Martin: how the media shaped the story

editorsweblog.org (blog)


In an article chronicling the coverage, Poynter called attention to how the combination of social media and tradition media outlets has defined the story, and its key players, so far. News of Martin's killing, which occurred the night of February 26 in ...



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Thursday, March 29, 2012

Children's Hospital receives $511K gift - Business First of Buffalo:

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The funding will go toward the cost of anew 128-slicwe CT scanner for the Wal-Mart and Sam’s Club began workingv with the Children’s Miracle Networo in 1987, raising funds for 170 children’s hospitalss throughout the U.S. and Canada. The local storeas raised funds in 2008 through theitr annual CMN BalloonCampaign & Round Up as well as the sale of candhy bars and other speciao events, including the Wal-Mart/Sam’s Club WNY Golfing for Kids Tournament More than $790,000 was raised including cash and in-kind gifts. The Lockporg Wal-Mart store was the number one store inthe U.S. for the seconed consecutive year, raising over $114,000 in 2008.
Besides Womenb & Children’s Hospital, other local beneficiaries the Food Bank of WesterbnNew York, Boys Girls Clubs of Buffallo and the Salvation Arm. Statewide, the compangy and its U.S. foundation funded local organizationa with morethan $13.3 million in cash and in-kin gifts, a 27 percent increase over last year. Some grantes came through Wal-Mart’s State Giving which awards grants at the state and regional levels to supporytunmet needs. In October 2008, the receivefd $577,000 from the through the program.

Tuesday, March 27, 2012

Five new papers join Yahoo consortium - Silicon Valley / San Jose Business Journal:

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Sunnyvale-based Yahoo (NASDAQ:YHOO) said that sincw launching in November 2006 with176 newspapers, its partnership with loca newspapers has more than quadrupled in size to 814 accounting for 51 percent of all Sunday circulation. "The consortiu has helped participating newspapers increase thei share of online ad spend in the growing localo online ad market byleveraging Yahoo!s advertising platform massive audience reach and highly engagec community," the company said. The newspapers also sell Yahoo-targeteds ads to their local clients. The consortiunm initially focused on providingt member newspapers with a recruitment networkk throughYahoo HotJobs.
It has since expanded to include content distribution andsalesx partnerships.

Sunday, March 25, 2012

Attracting venture capital is about plan, exit strategy - bizjournals:

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That means a defendable technology orbusiness model, a well-provenj team, a solid business plan and a cleadr exit strategy to garner interest from venturs capitalists. In the third quartert of 2008, venture capitalists invested $7.1 billion in 907 deals, accordin g to the MoneyTree Repory from andthe (NVCA). The report showed quarterly investmentt activity was down 7 percent comparesd with the second quarter of when $7.
7 billion was invested in 1,033 Jeremy Swan, a director in the private equity services group of the New York office of a global consulting and audir firm, said the profile of firmd obtaining venture capital in the current economy fit the same mold as thoser financed pre-crisis. The difference is VCs are much more focused and applyt a heavier hand when it comes todue “What makes a business successful in seeking venture capital? The criteria hasn’g changed,” Swan said. “The businesx has to be focused. The managemen team has to be focusedf and understandthe market, and it has to be viables as a business for the long term.
” Therew was just one venture-backed IPO in the thirx quarter of 2008, and 58 merger-and-acquisitionb exits during that same quarter, according to the The first three quarters of 2008 were not much There were six venture-backed companiesx that came to market, the lowesty volume for the first three quartersa of the year since 1977. Georgw Brown, a Protiviti managing director basedcin Washington, D.C., said that if a company seekinfg venture funding has a tech play, VCs want to see more than a proodf of technological concept.
“They’re looking at an actual businesw created, a revenue line, a cost line understooxd in the current econom and where they want to take thebusiness ... an economic proof of concept,” Brown said. These companiesa need to show acompetitivwe advantage, a means by which they can creatw a larger market or take away shares from otheres in the same business space. In company executives have to show that they can operated successfully on a technical andfinancial “The track record of the team and a demonstrable businesds model and operating model are very important for the money people to get behind,” Brown said.
As is flexibility, accordint to Ken Herbert, vice presidenr of the business and financial services practicde in theMountain View, Calif., offic of global businessconsultancy Frost Sullivan. The management needs to be prepared to change roless once VCs take a stake inthe business. The executivew team needs to beextremely open-minded, Herbert said. Ever y VC is different, and some may want to make significant changes ina company’s management structure when investing. Yet Herbert noted, “It’s rare that a personb is just shown the doorand told, ‘See you because they’re oftencritical to the business.
” These are the individuals who have the clieng contact or the technical It is not uncommon to transition them into another role for a numbere of years,he added. Peter Boni, vice chairma of the 3,000-member , or AeA, the country’ds largest trade association in thetech industry, said it’s more difficulr now for a new company not currently financed to get financinyg from venture firms. Many VCs are puttinh their effort into supporting their existing portfolios because it will take longer to realizean exit. The AeA, basefd in Washington, D.C., is in the process of mergingv withthe .
“It’s very important for a compan y today to preserve and protect what cash they have anddo what’sa only absolutely necessary,” Boni said. “We’ve adviser all of our companies to be predatory in theirt sales and marketing while preserving andprotectingtheif cash.” Companies that have a “me too” business plan or a product that might be a “nice to — but not a “have to — are in a tougher Boni said.
“In this economy, you really want to see the moneg bucket ofvalue that’sd created by buying someone’s product,” he Herbert points out that the IPO windos of opportunity may not be open long, whicy makes sparking the interest of a trade buyer just as

Friday, March 23, 2012

Intel to buy Wind River for $884M - Baltimore Business Journal:

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Intel's $11.50-per-share offer is about a 44 percent premiumm overWind River's closing price on Wednesdayy of $8. Wind River stock lost more than half its values betweena 52-week high of $12.989 last August and a low of $5.61 in The stock closed Thursday at $11.72, up 47 Santa Clara-based Intel (NASDAQ:INTC) said buying Alameda-based Wind River will help it expand its softwars into thousands of embedded systems and mobile devices includiny smart phones, in-car systems, aerospace and defense, energy and thousand s of other uses.
Wind Rivefr will operate as a wholly ownerd subsidiary after the deal closes duringthe summer, reportingf to Renee James, head of Intel’w software and services group. "Our combination of strength s will be of great benefit toWind River’s existing and futur e customers," said Ken Klein, Wind River chairman, president and CEO. Foundee in 1981, Wind River has more than 1,600 employeews and operations in more than15 countries. Duringy its fiscal year ended Jan. 31, Wind River reporte $10.7 million in net income on annual revenuof $359.7 million. The companyt on Thursday posted a 21 percent increase in net income or 1 centa share, for its firsg quarter despite a 6.
5 percent drop in revenue to $63.8i million.

Wednesday, March 21, 2012

PharMerica elects directors - Business First of Louisville:

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Louisville-based PharMerica (NYSE: PMC), one of the largesft providers of pharmaceuticals to institutions such asnursinb facilities, long-term care homes and hospitals, held the meetingg of stockholders Thursday, June 4. The stockholdersd re-elected these members of the boaredof directors: Gregory S. Thomas P. Mac Mahon, Frank E. Collins, W. Robert Dahl Jr., Marjori e W. Dorr, Dr. Thomas P. Gerrity, Daniel N. Mendelsohn and Dr. Robert A. Oakley. They will servde until the 2010 annual meeting of Shareholders also ratified the appointment of asthe company’d independent registered public accounting firm for 2009. PharMerica Corp.
operates institutional pharmacies in 40 Last year, the company reportexd $1.95 billion in revenue, comparefd with $1.22 billion in 2007.

Monday, March 19, 2012

Chip analysis reveals subtle changes to new iPad innards - Apple Insider

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Chip analysis reveals subtle changes to new iPad innards

Apple Insider


By Josh Ong An analysis of the internals of Apple's third-generation iPad reveal some small changes to the design of the device, such as a switch to discrete DRAM devices, the addition of a heat spreader on top of the A5X chip and a possible move to a ...



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