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In the News

News from January, 2012

Updated: Rutberg: Mobile Accounted For Over 40% Of All Tech VC In 2011

Monday, January 23rd, 2012

paidContent – Ingrid Lunden

Some revealing numbers out from the analysts at Rutberg & Co. that point to how big mobile is in terms of tech investments today, and how consumer applications are the source of the most action at the moment.

The analysts say that mobile investments accounted for 42.4 percent of all technology investment in 2011 — or $6.3 billion for mobile startups in a year where, overall, venture capital investment in technology totaled $14.9 billion.

That’s a record proportion for the sector, and a massive spike on 2010, when mobile represented 30.4 percent of all tech investments worldwide, or $6.1 billion of investment.  (Full Article)

Big Firms Try Crowdsourcing

Tuesday, January 17th, 2012

The Wall Street Journal – Emma Rachel Silverman

When AOL Inc. AOL -1.09% set out to determine whether it was getting the best use of its video library last year, the task required an inventory to measure which of the thousands of Web pages it publishes daily contained videos.

Daniel Maloney, the AOL executive in charge of the project, considered building video-detecting software, but determined that it would take too long to meet the project’s deadline. He also thought about hiring temps to accomplish the task, but realized that, too, would drag on.

So he turned to another option that is gaining traction among large firms: crowd sourcing. (Full Article)

USDA Certifies Ecospan’s BioFlow™ Material as BioPreferred

Tuesday, January 10th, 2012

Press Release – Ecospan

Ecospan, LLC, a materials science research, development, and manufacturing company focused on bio-based plastics, has announced certification of its BioFlow brand resins by the United States Department of Agriculture (USDA) as being 94% Biobased within the agency’s BioPreferred program.

“Products must be at least 25% biobased in order to be certified for this program,” notes Greg Hoffman, Chairman and CEO. “Ecospan is delighted to have received a designation of 94%. Our BioFlow™ based products will now be able to carry BioPreferred labeling.”  (Full Article)