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Archive for April, 2009

Internet Summit 2009 set for November in Raleigh

Wednesday, April 29th, 2009

RESEARCH TRIANGLE, NC – Internet Summit 2009, the first conference in the Southeast region dedicated to solely covering Internet related issues, will be held November 4-5th at the new Raleigh Convention Center in Raleigh, NC.

The two-day event comes on the heels of a sold-out inaugural 2008 event over 700 attendees that featured 50 expert speakers including representatives from companies such as Google, Microsoft, AOL, Intel, comScore, Symantec, Cisco, Lenovo and Lycos.

Presented by TechJournal South, the Southeast’s leading technology business publication, and Southern Capitol Ventures, an early-stage venture capital firm, Internet Summit 2009 will feature dozens of industry experts discussing the present and future of internet oriented business.

The November 4-5th conference, designed for senior executives, internet entrepreneurs, marketing professionals, investors, IT professionals and business strategists, will cover such Internet centric areas as social networks, search engine marketing, online advertising, blogs, software as a service, the mobile web, ecommerce, internet security, and email marketing to name a few.

“Companies exploiting the next generation of internet technologies are those staying ahead of the curve and experiencing substantial growth in their businesses,” said Scott Hedrick of TechJournal South.

“The goal of this event is to inspire, educate and evolve the thought process of companies in the region.”

“The inaugural sold out conference showed the huge need for such an event in the Southeast business and IT community,” said Jason Caplain of Southern Capitol Ventures. “We’re thrilled to be part of the second annual Internet Summit and look forward to growing the event to a must-attend experience.”

The conference takes place on November 4-5th, 2009 at The Raleigh Convention Center in Raleigh, North Carolina.

For more conference details visit www.internetsummitevent.com

NRTC invests in DigitalBridge to promote rural broadband

Wednesday, April 29th, 2009

ASBURN, VA – DigitalBridge Communications Corp. a private operator of WiMAX 4G broadband networks in underserved regions of the U.S., has raised an additional round of equity financing in an undisclosed amount, including an investment from the National Rural Telecommunications Cooperative.

The current round of financing also includes all of the company’s existing Series B investors: Paladin Capital Group, RedShift Ventures, CNF Investments, and Novak Biddle Venture Partners.

The company previously raised $30 million in venture-backing and $16.5 million in debt.

NRTC represents about 1,500 rural electric and telephone utilities in 48 states.

DigitalBridge says that by combining capabilities, NRTC members and DigitalBridge will be able to rapidly deploy affordable, next-generation services to large parts of rural America.

Through its rural telecommunications and electric cooperative members, NRTC has been a pioneer in introducing advanced telecommunications services to strengthen its members’ businesses and improve the quality of life in rural America.

During the mid-1990s NRTC provided the first external funding and led in the launch of DIRECTV, activating nearly 2 million of its initial subscribers.

NRTC invested in WildBlue, a satellite internet access provider. NRTC activated all of WildBlue’s first-year customers, and today WildBlue provides Internet access to more than 350,000 subscribers. In addition, NRTC members provide ISP services to more than 200,000 subscribers.

Over the past two years, DigitalBridge has launched service in 15 communities nationwide. The company not only brings fixed broadband wireless services to a variety of customers–consumers, businesses, educational, healthcare, and public safety institutions–but also provides mobile broadband services though WiMAX-enabled laptops, netbooks, USB adapters and other portable devices.

Founded by Kelley Dunne, Bill Wallace, and Joe Kochan in late 2005, DBC was the first U.S. provider to launch standards-based WiMAX service during June 2007, the first to launch a standards-based (802.16E) WiMAX mobile service during June 2008, and the first to launch VOIP over WiMAX during October 2008.

Online: www.digitalbridgecommunications.com

Study says: online video use up 11 percent, Hulu climbs

Wednesday, April 29th, 2009

RESTON, VA – Internet users viewed 14.5 billion online videos during the month, representing an increase of 11 percent versus February, according to digital measurement firm comScore.

In March, Google Sites once again ranked as the top U.S. video property with 5.9 billion videos viewed (40.9 percent online video market share).

YouTube.com accounted for more than 99 percent of all videos viewed at the property.

Fox Interactive Media ranked second with 437 million videos (3.0 percent), followed by Hulu with 380 million (2.6 percent) and Yahoo! Sites with 335 million (2.3 percent).

March represented the first time Hulu has cracked the top three in the ranking of videos viewed.

Other notable findings from March 2009 include:
• 77.8 percent of the total U.S. Internet audience viewed online video.
• The average online video viewer watched 327 minutes of video, or nearly 5.5 hours.
• 99.7 million viewers watched 5.9 billion videos on YouTube.com (59.1 videos per viewer).
• Hulu accounted for 2.6 percent of videos viewed, but 4.9 percent of all minutes spent watching online video.
• The duration of the average online video was 3.4 minutes.

Online: www.comscore.com

Two Atlanta, two Raleigh firms among Startup Weekend survivors

Wednesday, April 29th, 2009

RESEARCH TRIANGLE, NC – Two Atlanta startups and two Raleigh ones are among the 12 out of 116 created during Startup Weekends held from July 2007 through April 2009, according to two German bloggers who analyzed results of the events held in cities nationally.

According to the bloggers, Alexander Graf and Florian Hermsdorf, Atlanat-based Skribit and Twitpay, and Raleigh-based Twiteasy and Startup Junkyard are among the 12 projects still active.

Andrew Hyde of TechStars created the Startup weekend events in February 2007. They bring together business people, developers, designers and entrepreneurs who form groups and create new companies over a weekend.

http://startupjunkyard.com/; http://twitpay.me/; http://skribit.com/

Time-Warner anticipates spinning off all or part of AOL

Wednesday, April 29th, 2009

NEW YORK – Time-Warner Cable expects to sell off all or part of its AOL unit, the company revealed in a regulatory filing.

In the filing with the U.S. Securities and Exchange Commission, the company said it plans to start a process to spin off “one or more parts of the businesses of AOL to Time-Warner shareholders in one or a series of transactions.”

It also said it continues to review strategic options for AOL and may pursue alternatives.

Once the point of entry for many Internet users, AOL has tried to transform itself into a content focused company making money from advertising instead of subscribers.

Many of the company’s former executives, including co-founder Steve Case, have actively funded or formed numerous startups in the Southeast, including both Revolution Health and Revolution Money, among others.

UNC-Chapel Hill gets $17.5M for energy research center

Wednesday, April 29th, 2009

CHAPEL HIll, NC – The U.S. Department of Energy has awarded $17.5 million over the next five years to the University of North Carolina at Chapel Hill to run an Energy Frontier Research Center.

The center will focus on advanced photovoltaics for solar power and research into artificial photosynthesis.

The center is one of 46 nationally set up as part of the Obama administration’s research and development efforts outlind Monday.

The UNC program will integrate with the Research Triangle Energy Consortium, consisting of UNC, Duke, North Carolina State University and RTI International.

Social life need not stop even when you’re dead…

Tuesday, April 28th, 2009

By RICHARD MULLINS
The Tampa Tribune

TAMPA, Fla. (AP) – In today’s world of always-connected social media, there’s no reason to stop interacting online simply because you’re dead.

A wave of new companies are starting to offer services such as virtual cemeteries where guests can visit and e-mail alerts set up by funeral homes to remind relatives near and wide about the anniversary of your death.

Some companies even offer to e-mail your wayward relatives in danger of being left behind when the Rapture whisks you to the threshold of the Pearly Gates.

While such services seem to reach beyond the grave, a growing generation of funeral customers refuse to let death have the final word.

“People have a desire to perpetuate not only for themselves, but for their loved ones, the story of their lives, and technology has all these new great ways of doing that,” said John McQueen, owner of the Anderson McQueen funeral home.

As baby boomers plunged headlong into online social media in recent years, they’ve become especially interested in upending the traditional philosophy that funerals are really meant for the survivors. After all, this is the “Me Generation.”

But beyond generational vagaries, technology now means a funeral merely begins a new virtual afterlife. And entrepreneurial companies are right there to make that happen.

Los Angeles-based EternalSpace.com launched its Web site in March, offering a variety of virtual scenic locations online for a person’s final resting place: A “Zen Garden,” a “Lake View,” a “Tropical Valley” and other options.

Sold directly through funeral homes, the service allows a person or relatives to establish a pastoral grave site and add digital amenities such as the image of a park bench or mausoleum.

Once there, visitors can purchase items to leave behind, such as flowers, religious icons and other trinkets symbolically important to the deceased, such as golf clubs, a horse saddle, a piano or trees that can grow over time. Prices for each range from $5 to $35 apiece.

Typically, a funeral home includes the cost of a virtual world along with the price of a funeral service, said Jay Goss, vice president of development for the site. If bought separately, that scenic online site could cost a few hundred dollars, he said.

“This gives people the opportunity to do not just flowers,” Goss said.

The Charlestown, Mass.-based online obituary site Tributes.com already has hundreds of thousands of profile pages, based on death information from the Social Security Administration. Soon, executives with the site expect to offer pre-death services, so people can plan their own online profiles to run after their funeral.

“For many people, they’re saying ‘This is my celebration, and here are my thoughts,”’ said John Heald, vice president of business development. “They’re challenging us to do things out of the box.”

Michelle Costley of Tampa felt compelled to do something online when her father Thomas Michael Costley died in January. After a quick Google search for “Online Memorial,” she found Legacy.com and built a profile page with her father’s picture, a place to donate to the National Kidney Foundation, a photo gallery and a memory book.

“He was constantly on e-mail and a big Facebook fan, so I think he’d be appreciative,” Michelle said. “The site has really been helpful to myself and others, I believe. Sometimes when I’m down, it’s nice to pull up the site and be able to look at his face.”

For users of the world’s most popular social media Web site, Facebook offers a way to leave the ultimate status update.

Already, Facebook has become a central hub for news that a person has died with their home page functioning as an ad hoc trading post for information about the funeral and gathering place for condolence notes.

After that initial phase, relatives can ask Facebook to place the dead person’s page into a “Memorial State” that limits use to only certain friends and family members. To trigger that process, family members typically must send Facebook a newspaper clipping about the person’s death, or an official death notice from a local government.

(Facebook launched the feature after the 2007 shootings at Virginia Tech, when students flocked to each other’s pages to make comments.)

In the next few months, John McQueen expects his funeral home will add more ongoing digital features, including e-mail reminders that customers can set up for distribution on key dates.

“This would come after you visited a person’s online profile,” McQueen said. “It would auto-send you notification that this person’s birthday is coming up next week, so you might want to drop his wife a card or call. That could go on indefinitely.”

Funeral directors expect more baby boomers will create a vibrant online life after death.

“We’re all watching the Baby Boomers starting to ask what it’s going to be like when they die,” said Alan Creedy, a Raleigh, N.C. consultant to the funeral industry. “Boomers are looking at the funeral as a form of self expression.”

And with so many boomers active online, Creedy said, they’ve simply become accustomed to creating virtual worlds to stay in contact with friends, family and co-workers no matter the circumstances.

Creedy has seen a small but steady uptick in the number of first-person obituaries, drafted for publication upon a person’s death.

In his own home town, Creedy saw the famous North Carolina State University women’s basketball coach Kay Yow film her own eulogy to be played at her funeral in January. The video was quickly picked up by local TV stations and on YouTube, where it’s been watched thousands of times.

For those who worry about those truly left behind when they die, there are some new services to help.

The Harwich, Mass.-based Web site YouveBeenLeftBehind.com promises to save your advice for relatives and friends whom you fear might not make it to Heaven should the end of the world occur.

The computer system is designed to detect the Rapture: A group of several faithful families, geographically dispersed, log into the system daily, and their failure to do so trips the switch. In that event, the system presumes those families were taken up in the Rapture, and sends out your last-chance advice to a list of 60 or more addressees.

Several hundred customers have signed up to pay $14.95 per year, since the site launched a year ago.

“I did set up a message to go to my wife,” said Mark Heard, founder of the site. “She was the inspiration for the whole thing because she’s not really on board with me in this belief.”

___

Information from: The Tampa Tribune, http://www.tampatrib.com

Study says: Vertical ad networks growing

Tuesday, April 28th, 2009

RESTON, VA – The collective reach of vertical ad networks, entities such as Adify Media, Federated Media, Glam Media and Travel Ad Network, among numerous others, has increased substantially in the past year, according to a study by Reston-based digital measurement firm comScore.

The study shows they increased from 21.5 percent of the total U.S. Internet audience in March 2008 to 57.1 percent in March 2009.

“ComScore research indicates that vertical ad networks are a growing phenomenon in the online advertising space, in part because of their ability to deliver engaged, targeted audiences,” said Lesle Litton, VP, Media at comScore.

“As more vertical ad networks prove their ability to effectively reach specific target audiences by aggregating mid-tail publisher sites, the industry will likely give greater consideration to these emerging ad delivery channels.”

The study showed that vertical ad networks were effective in reaching people with significantly higher than average engagement in their respective content categories.

Of the five segments studied, people reached by vertical ad networks spent at least 60 percent more time in those site categories than the average category visitor. For example, people reached in the Gaming segment spent 423 minutes per visitor on sites in that category, 123 percent higher than the average visitor.

Online: www.comscore.com

Business owners can capitalize on Twitter

Tuesday, April 28th, 2009

ORLANDO, FL – With Aston Kutcher and CNN breaking the one million followers mark and Oprah sending her first “tweet” live on her show many celebrities, politicians and experts are moving to the Twitter platform to get their message out.

“The old Q and A is now Tweet and Reply says,” Jimmy Vee, co-author of the book Gravitational Marketing: The Science of Attracting Customers.

“The days of the standard interview are over. With new technology like twitter rapidly gaining favor there are newer, faster and more efficient ways of getting information into the hands of the people who want it.”

The concept of doing interviews on twitter is gaining steam. In March, John McCain took part in a TwitterView (twitter interview) with ABC New Washington Correspondent George Stephanopoulos.

“An interesting effect TwitterViews are having on celebrities, politicians and experts is that it’s forcing them to be more pithy and direct with their message. A good thing for Americans with shorter and shorter attention spans,” say Travis Miller, co-author of Gravitational Marketing.

Celebrities, politicians and experts are not the only ones who should pay close attention and capitalize on this movement toward twitter. Vee and Miller suggest that business owners should use the Twitter platform to conduct interviews of their own as a tool to combat the recession, shave down marketing costs and grow their business.

Up until now the process of conducting an interview on twitter was a mystery. Vee and Miller have simplified and outlined the process in a free report for business owners who want to capitalize on this fast growing trend but don’t know where to start.

The report is spreading virally on twitter and has been downloaded by over one thousand business owners and entrepreneurs in the last week alone.

Jimmy Vee and Travis Miller are small business advocates, leading experts on attracting customers and the co-authors of Gravitational Marketing: The Science of Attracting Customers (Wiley). www.GravitationalMarketing.com/blog

The report is titled: How To Conduct A TwitterView: A Fun and Easy Way To Get New Followers, Increase SEO and Naturally Attract More Customers and Prospects.

It’s available for free on their blog at http://www.gravitationalmarketing/blog.

Virginia-based Headstrong acquires iX Partners

Tuesday, April 28th, 2009

FAIRFAX, VA – Headstrong, a global financial services consulting firm, has acquired iX Partners (iXP), located in New York and New Hampshire.

Financial details were not disclosed.

iXP is a provider of middle and back-office services to the global asset management and financial services communities. iXP offers investment managers end-to-end outsourcing solutions for all investment operations functions, from trade settlement through performance measurement and client reporting.

iXP is a recognized expert in the implementation of the Eagle Investment Systems suite of products with a strong record in technology and operations for both PACE and STAR platforms.

Headstrong is a global consulting firm focused on the financial services industry.