Archive for May, 2011
Thursday, May 26th, 2011
Tweets and “likes” are becoming more beneficial to business, a new Robert Half Technology survey suggests. More than half (51 percent) of chief information officers (CIOs) surveyed said they permit employees to use social media sites like Twitter and Facebook on the job as long as it’s for business purposes. This is up from 19 percent in 2009.
But while firms may be more open to the business applications of social media, more than one out of three (31 percent) organizations still prohibit it completely at the office.
We would guess that most media companies (such as ours) actually encourage the business use of social media. We see a significant amount of traffic coming from both Facebook Twitter these days at TechJournalSouth (follow us on Twitter: @ TJ_South).
The surveys were developed by Robert Half Technology, a leading provider of information technology (IT) professionals on a project and full-time basis, and conducted by an independent research firm. They were based on telephone interviews with more than 1,400 CIOs from companies across the United States with 100 or more employees.
CIOs were asked, “Which of the following most closely describes your company’s policy on visiting social networking sites, such as Facebook and Twitter, while at work?”
Their responses:
| |
2011 |
2009 |
| Prohibited completely |
31% |
54% |
| Permitted for business purposes only |
51% |
19% |
| Permitted for limited personal use |
14% |
16% |
| Permitted for any type of personal use |
4% |
10% |
| Don’t know/no answer |
0% |
1% |
| |
100% |
100% |
“Companies recognize the value of using social media for brand building, whether it’s marketing a product, offering customer service, gathering information, or simply listening to what fans and followers have to say,” said John Reed, executive director of Robert Half Technology.
Reed noted, however, that companies draw the line at workers’ excessive personal use of social media. “Employees need to become familiar with their companies’ policies on Web use and adhere to them,” Reed said.
Robert Half Technology offers four tips for using social media sites in the workplace:
- Know the rules of the road. Make sure you’re clear about what type of social networking use is permitted within your organization.
- Exercise discretion. Never share sensitive or confidential company information or post negative comments about your employer, or current or potential clients and customers.
- Get the scoop. If permissible, use social media sites at work to connect with customers and clients, follow thought leaders in your field or gather industry news.
- Play it safe. If you use social media on behalf of your company, make sure you protect your feeds by creating secure passwords, refraining from clicking on questionable links and limiting access to select employees.
The national surveys were developed by Robert Half Technology, a leading provider of IT professionals on a project and full-time basis, and conducted by an independent research firm. The surveys are based on more than 1,400 telephone interviews with CIOs from a random sample of U.S. companies with 100 or more employees. In order for the survey to be statistically representative, the sample was stratified by geographic region, industry and number of employees. The results were then weighted to reflect the proper proportions of the number of employees within each region.
Tags: banning social media at work, more businesses allow use of social media at work, Robert Half International, social media in the workplace, survey, tips for using social media at work Posted in Uncategorized | Comments Off
Thursday, May 26th, 2011
A new Facebook-funded grants program will distribute up to $200,000 in awards this year to eligible nonprofits in Rutherford County, NC, where the social networking company is building a data center.
The Facebook-Rutherford Community Action Grants will use funds set aside as part of an agreement between the company and the county to bolster community nonprofits based on the recommendations of a formal grants committee made up of Facebook representatives and local leaders.
“Facebook is committed to playing a positive role in Rutherford County and all the communities where we operate,” said George Henry, manager of the $450 million data center going up just outside Forest City. “We work globally, but live locally — and we want our larger success to help strengthen our hometowns.”
A committee will review funding requests by local 501c3 organizations, schools, and colleges that meet the eligibility guidelines described at a new tab on the Rutherford Data Center Facebook page: www.facebook.com/RutherfordDataCenter.
The committee’s criteria will include the number of Rutherford County citizens served by the organization and the proposed program, how well the services of the organization and proposed program match the needs of county citizens and how closely the program addresses Facebook priorities such as using technology in education and economic development.
“In 2010, as we worked with Facebook officials on deciding where to locate, one of things that struck everyone was Facebook’s deep interest in the local community, not just the facts and figures of its land purchase,” said John Condrey, county manager. “Facebook consistently stated how much it wanted to be a part of and assist the community where it located. They’ve put that commitment into action today, and Rutherford County is all the better for it.”
Data Center Develops
George Henry — who has worked in data centers for more than 15 years — also provided an update on the Facebook construction in Rutherford County.
“Big changes have come to the parcel of land that is quickly becoming the home of Facebook’s Rutherford County data center,” said Henry. “Some things are easily seen, like the demolition of the long vacant Mako Marine Building. Others are more subtle, but absolutely essential, like our ongoing work to the site’s electrical substation.”
More than 440 people have worked on the construction phase of the Facebook data center totalling almost 400,000 man hours, including more than 22,000 last week alone.
The data center in Rutherford County will use technology developed as part of Facebook’s Open Compute Project, launched in April as a way to transform the energy efficiency of global data centers by sharing innovations with the entire computer industry.
This advanced technology delivered a 38 percent increase in energy efficiency at 24 percent lower cost for Facebook. All companies now have access to the technology and can contribute their own innovations.
Construction continues on the data center and will wrap up in early 2012. Many construction subcontractors are still hiring qualified applicants. More information can be found at www.facebook.com/RutherfordDataCenter.
Tags: Facebook data center, Facebook non profit grants program, NC, Rutherford County Posted in Carolinas, Economic Development, Facebook, North Carolina | Comments Off
Thursday, May 26th, 2011
By Joe Procopio
 Joe Procopio
Last night, a guy apologized to me for being between jobs.
It wasn’t the first time, far from it, but having spent the last too many years of my career either working at, working with, or starting a startup, I’ve been “between jobs.” I’ve had all the wrong factors conspire to bring about the worst news at the worst time and been left to ponder what the frivolity I was supposed to do next. Yeah, I’ve been there.
But dude, don’t ever apologize for being unemployed, especially in this economy and especially when you’re taking a chance on doing something potentially extraordinary.
Between a Job and a Hard Place
The reason I bring up the apology is to highlight the way Chris Heivly turned the notion of a job fair on its head on Tuesday night at the aptly-named Tech Jobs Under the Big Top event in Bay 7.
The atmosphere was exactly what you’d imagine at an event with such a preposterous name, down to the straw and peanut shells on the floor. There were hot dogs to eat, beer and soda to drink, popcorn and cotton candy, jugglers, stilt-walkers, and red-and-white fabric draped in such a way as to recall a giant tent.
 Big Top IT crowd
It was well done and charmingly cool — an atmosphere dutifully and subtly created to derail any sort of awkwardness on the part of the job-seeker.
But then you have to remember the context.
Life In and Out of the Cube
I’ve also worked on the corporate side. And I didn’t hate it. I’ve never been one of those punks with a chip on my shoulder trying to stick it to the man by starting my own company. Clarification: I am that kind of punk, but not about work or money. I have three kids and common sense. I’ll stick it to the man by listening to loud hard rock like every other suburb kid my age.
But again, I understand how that environment can elicit an apologetic response when one is forcibly removed from it.
Turns out, the guy had spent 20+ years at what had been a solid corporation, made it through more than a few waves of cutbacks and reductions-in-force, until finally his turn came and with little more than a thanks-for-everything, he was set out to begin his new, unsolicited journey.
In the startup world. This happens all the time. Basically you get up and bust your butt every day to make sure it doesn’t happen by the time you go back to bed.
You get used to that.
So Where Do You See Us In Five Years?
Heivly also turned the tables on the process. The companies involved were all startups at various stages, and they had to pay to be a part of it and they had to bring real, full-time jobs to the table. In all, 15 startups with 85+ open positions participated.
The startups also had to pitch to the job-seekers, rather than the other way around.
Full disclosure: I was there for StatSheet, a Durham-based sports media startup. And we kicked off a series of three-minute on-stage pitches to the job-seekers, telling them who we were, what we did, what the day-to-day was like, and what we were looking for. Ours included a video, as about half of the rest did. Others brought slides. All were compelling.
James Avery from pre-funded ad-delivery product company Adzerk used the Startup Guys viral video and a swear to get a huge and poignant laugh. On the other end of the spectrum, handset-maker HTC (I know, right?) had a top-quality video presentation that underlined their… bigness.
Doug Kaufman from deeper-than-analytics company SpringMetrics used subliminal messages to get the point across. Tobi Walter from financial-organizer Shoeboxed went for the brass ring with a live video feed. And energy device-maker PlotWatt took advantage of the three minutes to make a serious and very provocative pitch.
All Your Networking In One Place
If anything could have been different, we wished for more time for general networking with the job seekers to introduce ourselves in such a relaxed atmosphere, which is probably the best way to make some of those initial fit determinations. As a rule though, we were told (and they were told) to hold off on the serious networking until the end of the pitches, as a matter of respect and to make it fair.
But there was another, maybe unexpected reason to hold off. As everyone filed in at the beginning of the evening, I noticed a general stiffness among the crowd – lots of arms crossed, lots of blank stares. And again, I get it. There were 250 people registered for the event, and another 250 on a wait list. There was a line outside the door.
This was serious business, even if it was presented as exactly the opposite.
Vertical Circus Tents
When the presentations were finished and everyone had eaten and (hopefully) had a beer to get the rest of that edge off, the startup folks were sent off to three tents – one for general business roles, one for sales and marketing roles, and one for technology roles.
We then talked one-on-one with whomever walked up and we answered any and every question they had about the company, the position, the day-to-day, anything we didn’t make crystal in a goofy 90-second video.
This was also very helpful, in terms of linking up with the people with the right skills who now had an inkling of whether there was a fit on their side. I stopped counting at 20 people, most of whom I wanted to talk to again.
But Did It Work?
I think I just answered that.
My colleagues also got a stack of resumes, business cards, and follow-up emails. Having since spoken to a few of the other startups involved, that success seems to have happened across the board.
So in the end it was an interesting experiment but one definitely built on more than a wild hypothesis. It speaks to the very nature of the startup world itself. Do things differently, disrupt, stand out, and at the end of the day you should have something very valuable.
Chris wrapped up by asking people to complete a survey, and that the results might determine whether or not there should be another one. I don’t think he needed the survey. It’s anecdotal, of course, but as things were winding down, I spotted the apology guy leaving Bay 7, smiling, and telling his buddy, “This was the most fun job fair I’ve ever been to.”
When have you ever heard that?
Joe Procopio heads up product engineering for sports media startup StatSheet. He also owns consulting firm Intrepid Company and creative network Intrepid Media and runs the startup social ExitEvent. Joe can be reached via Twitter @jproco or via joeprocopio.com.
Tags: Adzerk, American Tobacco Campus, Big Top, Chris Heivly, Doug Kaufman, IT jobs, James Avery, Shoeboxed, SpringMetrics, Starup Guys, StatSheet, Tobi Walter Posted in Uncategorized | 1 Comment »
Thursday, May 26th, 2011
CHARLOTTESVILLE, VA – The University of Virginia is creating a nanoelectronics center it says will focus on developing the next generation of electronics.
UVA, together with Old Dominion University and the College of William & Mary will run the center, which is initially funded by the Nanoelectronics Research Iniative, the Virginia Microelectronics Consortium and the three schools.
The center will do research on making faster, smaller and cheaper computer devices for many purposes, including vehicles and energy efficient homes.
The Center will be affiliated with affiliated with the university’s Institute for Nanoscale and Quantum Scientific and Technological Advanced Research.
Tags: College of William & Mary, Nanoelectronics Center, Old Dominion, University of Virginia Posted in Hardware, IT, Potomac, University Tech, Virginia | Comments Off
Thursday, May 26th, 2011
BALTIMORE, MD – Startup City, an accelerator founded by Mike Subelsky and Monica Beeman, says it is delaying its launch.
In a post on the Startup City Website, the founders write:
“We’re sorry to inform you that we are delaying the launch of Startup City. While we received significant angel investor support, we don’t want to launch without full funding from the right investors. We view this as a temporary setback: rest assured we will be retooling the Startup City concept using feedback we received during the fundraising process as we continue to seek investors.”
The founders previously said Startup City would run a 12-week startup company accelerator and incubator program based in Baltimore.
It planned to bring ten companies will come to Baltimore July 1st.
It said each startup would receive:
- $15,000 in seed capital
- Weekly progress consultations with an experienced business mentor
- Free, beautiful office space collocated with the other participating companies
- Legal, accounting, marketing, and technical assistance from Baltimore’s Emerging Technology Center
- Introductions to potential customers and investors
- Weekly master classes and workshops
- Vigorous coverage of their stories in our blog via video and written profiles
- Exposure to investors, journalists, and business leaders at a Demo Day occurring at the end of the 12 weeks
Tags: Baltimore, MD, Mike Subelsky, Monica Beeman, startup accelerator/incubator, Startup City delays launch Posted in Economic Development, IT, Maryland, Potomac | Comments Off
Wednesday, May 25th, 2011
Twitter has confirmed buying third-party tool TweetDeck in a blog post. TweetDeck was created by London programmer Iain Dodsworth as a way to organize Twitter and Facebook feeds.
In the blog post, Twitter said, “TweetDeck is a great example of a third-party developer that designed tools for the incredibly important audience of Twitter power-users and, in turn, created value for the network as a whole.”
For TweetDeck’s take on the acquisition, see its blog. CNN has reported the deal was worth $40 million.
Zynga IPO next? Either way, its hiring
Rumors are flying that Facebook game-maker Zynga will be the next social digital media company to launch an initial public offering of stock following LinkedIn’s incredible performance Thursday. Bloomberg reports the company may file for an IPO by the end of June. Online music site Pandora has already filed for an IPO and both Facebook and Twitter are expected to do the same in the not too distant future.
Whether Zynga files for an IPO or not, it is hiring in Austin, Baltimore, Cambridge, Carlsbad, Dallas, L.A., New York, San Diego and San Francisco. Jobs range from software engineers to game designer to accountants. You can see all the available jobs on the Foundry’s Portfolio Company jobs page. Other Foundry companies hiring inlcude Admeld in New York, Cheezburger Inc, in LA, New York and Seattle, Memeo in Santa Clara, and Gnip in Boulder, among numerous others.
Putting jobs from portfolio companies online is a trend we’ve noticed more venture firms doing. A look at any of them demonstrates the truth that startups create the jobs in the U.S. economy.
YouTube passes 3 billion daily page views
YouTube, which launched in May 2005, said it passed 3 billion daily views over the weekend (May 21-22). That’s up 50 percent from last year. Users now upload more than 48 hours of video to YouTube every minute, double last year’s figure. It’s up 37 percent in just the last six months.
This news follows the report that Netflix streaming movies now accounts for a quarter of the bandwidth used in the United States.
While we’re avid users of Netflix and view all sorts of YouTube videos, ourselves, we wonder how long this can continue before Internet service providers started charging for usage and just how that will affect video viewing online?
One video startup entrepreneur we know says that he’s confident that technology will help solve that problem if it arises via compression techniques and other means. We’ll see. – Allan Maurer
Tags: Acquisitions, Allan Maurer, Facebook games, LinkedIn IPO, Netflix streaming bandwidth use, Pandora IPO, TweetDeck, YouTube birthday, YouTube passies 3 billion daily views, Zynga IPO, Zynga jobs Posted in Facebook, Internet/New Media, IT, smartphones, social media, Uncategorized, Zynga | Comments Off
Wednesday, May 25th, 2011
In many respects the tablet application market is an off-shoot of the more developed smartphone application market but geared to the larger display tablet devices. The market for tablet applications will continue to develop its own identity in the coming years, particularly as the market potential develops. As a result of its research, In-Stat expects tablet application revenues will top $15 billion in 2015.
“While the tablet application experience is very similar to the smartphone application experience, there are some distinctions,” says Amy Cravens, Senior Analyst. “Although many smartphone applications are appearing in tablet form, developers are having to recreate smartphone applications to adjust for differences in the tablet form factor, and while the different versions of the OSs are likely to merge in the future, tablet applications are likely to differ due to growing differences in the platform and usage models.”
Some of the report data includes:
- Over 75% of the survey respondents owning a tablet have downloaded applications.
- Despite the rapid diversification in the tablet market, Apple is expected to maintain its tablet application market dominance over Android and other tablet OSs, but will see its 95% market share slip substantially.
- As one might expect, free applications dominate the number of downloads, while paid applications dominate revenue.
- Survey respondents indicated that nearly 80% of tablet applications downloaded were through an OS provider store and the majority of respondents prefer using the application store as the preferred method of payment for both the applications and in-application purchases.
Tags: free apps dominate tablet market, In-Stat tablet app survey, tablet app market Posted in Internet/New Media, IT, Studies, surveys, reports | Comments Off
Wednesday, May 25th, 2011
 Ray Bryant - CEO, Idappcom
By Ray Bryant, CEO of Idappcom
Stop for a moment and take a look around you – IT isn’t just the computer on your desk, the lap top in your bag or the mobile in your pocket. The truth is it’s controlling who is and isn’t entering your building- virtually and physically, how and where your customers are being dealt with, it’s driving your production line and it even has a part to play in how your coffee is produced.
IT is no longer confined to a small back office, possibly in the basement, staffed with geeks all speaking their own language. IT keeps you open for business, but if you’re not careful it can close you down for good. On the heels of the crippling cyber attacks that brought down Sony’s Playstation network and will cost the firm millions to correct, every firm should be considering how to effectively counter such attacks.
For every company there is a requirement to exercise due diligence and care of the company’s assets and the future ability to produce returns for investors, from revenues. This is increasingly embedded in legislation, regulation, standards and best practice guidelines.
I’m not going to provide a definitive list – it is neither necessary for this article, nor realistically possible due to the frequency it changes or is amended, further complicated by differences in terminology between sectors and countries. Suffice to say that, in order to exercise due diligence and care, you need to plan for the day you can’t – in other words, a business continuity plan.
I challenge you – get a copy of your plan (if you have one), dust it off and actually read it. In the majority of cases it will cover eventualities such as damage caused by fire, theft or even flooding. If you’re based in one of the cities it may even include a section on external threats i.e. terrorist attacks and other disaster eventualities. You’ve probably got a plan for overcoming a power failure, where to resource external staff if yours are ill and, if you’re in production, crisis management if your product fails.
What does it say about suffering a cyber attack? Chances are it doesn’t.
In this day and age most companies, irrespective of whether a single office or a large international conglomerate, are reliant on computer systems to function. If you were attacked tomorrow, the reality is it will shut you down. How long it takes to get back up and running, if at all, is down to you. Sit up, take note and plan for the inevitable.
You’re Under Attack
An attacker isn’t just interested in stealing your information or funds. Organisations are experiencing attacks, whether denial of service or injected with malware, that is designed to wreak havoc and ideally shut the business down. Recent high profile victims include Wikileaks, Facebook and Twitter.
However, it’s often not just the victim that suffers as PayPal, VISA and Mastercard can attest having fallen victim by association. Any company can be a target as it’s not just anonymous cyber terrorists waiting to pounce, a disgruntled employee could wreak just as much havoc on your system if the notion takes them. What about if your IT system just fails, even the BBC has to hold its hand up to that one!
The effect of being closed for business, however temporarily, will cost the organisation money. For an online retailer it’s a little more obvious as, if customers aren’t able to make purchases, there’s the immediate loss of revenue.
However, for a large manufacturing company, if its IT infrastructure fails and production has to shut down for 24 hours the costs will soon mount potentially into the millions. The expense isn’t limited to the immediate problem of restoring services or production – there’s the lost time, ruined stock, ongoing costs of rebuilding confidence in the customer base and potentially amongst shareholders, plus the knock on effects such as an increase in insurance premiums. The costs quickly mount.
The AT&T Business Continuity Study 2010, reported that:
- Three-quarters (77%) of organisations indicate that employee use of mobile devices plays a major/minor role in the business continuity plan
- Half (50%) have virtualized their computing infrastructure, with less than four out of ten (38%) having implemented a business continuity plan for the virtualized infrastructure
- 84% of all companies surveyed have e-mail or text messaging capabilities to reach employees outside of work, and three-fourths (73%) have systems in place that enable most employees to work from home or remote locations
While, on the surface, all of these resources offer a lifeline to an organisation in the event of a general infrastructure failing, and you’ve probably rubber stamped the budget on some of these initiatives yourself. However, on a day to day basis they also ‘throw open the doors’ to the outside world risking extreme disruption through attack.
First Line of Defence
An organisation’s IT team has many responsibilities with one main, overriding objective – to deliver the best service possible. However, this does not always promote the best security possible. Why? Well, budgets are usually the biggest issue. CEO’s MUST understand the need for enhanced security and ensure their IT team deliver it.
When the corporation has spent millions on network defences it is then close to incompetence to not make sure those investments are working to the optimum effectiveness. Regular audit and validation leads to enhanced security, that costs very little and is a must have process. With constant vulnerability testing and security enhancement through configuration, better rules can be defined and implemented. This activity can even avoid additional capital expenditure in unnecessary security devices, saving budgets.
Making sure your defences are working to the optimum is not just the responsibility of your CIO, CSO or whatever you call your IT management head. It goes all the way to the top. The function of the CEO and board of directors, as part of their legal responsibility and charge by shareholders, is to exercise good corporate governance.
You wouldn’t build your office on the sand, so why allow your IT infrastructure to have insecure foundations. Ignoring your network defences is tantamount to corporate suicide.
Ray Bryant started working life in a firm of London Chartered accountants, qualified as Chartered Company Secretary in 1979. His career in I.T. started in the very early days at Control Data Corporation, in finance, production and logistics, Ray was 15 years with Ciba Geigy, Switzerland, on Finance and ERP software implementations in UK, USA, Saudi Arabia, Greece, Turkey and the Philippines. A period at SSA Global technologies as a financial systems consultant culminated with the creation of an independent compliance company, SLA Management Services (Barham Group)
Tags: AT&T Business Continuity Study 2010, best practices, Business advice, business continuity planning, cyberattacks, due diligence in continuity planning, Idappcom, planning for cyber attacks, Ray Bryant Posted in Business advice, Internet/New Media, IT, Security, Studies, surveys, reports | Comments Off
Wednesday, May 25th, 2011
ALEXANDRIA, VA – Insite Wireless Group, a wireless tower owner/operator, has closed on a $6.5 million raise, according to a regulatory filing. Investors in the company include New York-based Catalyst Investors.
InSite Wireless Group owns InSite Wireless,, which specializes in the design, installation, operation, and maintenance of distributed antenna system (DAS) infrastructure solutions in convention centers, hotels and casinos, airports, sports stadiums, and transit systems, and InSite Towers, a privately owned wireless communication tower company headquartered in Alexandria, VA.
InSite Towers owns and operates approximately 400 wireless communication tower sites in the United States and Puerto Rico.
The company disclosed the raise in a filing with the U.S. Securities and Exchange Commission.
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Tags: Alexandria, Insite Towers, Insite Wireless Group, SEC filings, VA, venture capital, wireless towers Posted in Internet/New Media, Money, Potomac, Virginia | Comments Off
Wednesday, May 25th, 2011
ATLANTA – Fulcrum Equity Partners, which invests expansion capital in growth firms, is raising two venture capital funds, according to a regulatory filing. Fulcrum Growth Fund II QP has nabbed $25.8 million of $90 million targeted, while Fulcrum Groth Fund II, has raised $4.47 million of a fund aimed at $40 million.
The FGF II QP attracted 39 investors thus far, while FGF II drew from 21 investors.
The three founding partners at Fulcrum, Frank X. Dalton, Thomas L. Greer, and Jeffrey S. Muir, all cited as principals in the filing with the U.S. Securities and Exchange Commission disclosing the funds, have significant operating experience in senior leadership positions of successful, rapidly growing companies. Collectively they have over sixty years of related industry expertise and have participated in over 300 transactions.
The firm provides equity investments of up to $5 million for a wide variety of industries with a special emphasis on healthcare; information technology, business services and technology enabled operating companies.
The company says on its Website: “We will maintain our focus on providing capital to rapidly growing companies. We believe a significant gap exists in the financial markets for smaller growth companies (companies with $2 to $75 million in revenue that are profitable or nearing profitability) seeking capital ranging from $1 to $5 million. ”
TechJournal South is a TechMedia company. TechMedia presents the annual conferences:
SoutheastVentureConference: www.seventure.org
Internet Summit: www.internetsummit.com
Digital East: www.digitaleast.com
Digital Summit: www.digitalsummit.com
Tags: Atlanta, Atlanta's Fulcrum Equity raising two venture capital funds, Frank Dalton, Fulcrum Growth Fund II, Fulcrum Growth Fund II QP, Jeffrey Muir, Thomas Greer Posted in Uncategorized | Comments Off
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