Monthly Archives: March 2010
Social Media In Michigan: FutureMidwest Conference Is April 16-17
Michigan may be facing tough times with economic recession. In a recent Eminem music video, there is a fact that says: “In 1950 Michigan was 1 of 8 states in America that collectively produced 36% of the world’s GNP.” However tough economic times, corporate executive greed, and political chaos sent the city into a downward spiral.
But that does not mean that the city has given up on innovation and embracing social media. This is why I’m looking forward to an event called FutureMidwest. FutureMidwest 2010 is a conference being held between April 16th and 17th. The conference was founded by Adrian Pittman, Jordan Wolfe and Zach Lipson.
Presenters include Blagica Bottigliero, Ken Burbary, Evan Gotlib, Beth Harte, Scott Monty, Tim Schaden, Shiv Singh, Samuel Valenti IV, and Scott Hauman. The event is being sponsored by GM, Ford, and Downtown Royal Oak.
Categories Adrian Pittman, FutureMidwest, Jordan Wolfe
4 Comments
Analyst: Apple Building 5 Million iPads In The FIrst Half Of 2010
Apple Inc. (NASDAQ:AAPL) will be building 5 million iPads in the first half of 2010 according to FBR Capital analyst Craig Berger. Apple will be launching the device on April 3 for WiFi versions and 3G versions will launch at the end of the month. Berger expects that Apple will be building 9.3 million iPods in the March quarter, up from 4 million that was predicted. Desktop units will increase to 1 million from 500,000. Notebooks are predicted to be at about 1.7 million, up from 1 million. Berger reduced the iPhone forecast to 6 million from 7.5 million. [Barrons via Techmeme]
Categories Apple Inc., Apple iPad, Apple iPhone, Apple iPod Touch, iPhone
Leave a comment
Barnes & Noble To Sell Samsung E6 E-Reader For $299 This Spring
Barnes & Noble will soon start selling the Samsung E6 e-reader for $299. The E6 launched at CES and the company announced that the device should hit the shelves “this spring.” The 6 inch device was mentioned, but no word on the 10-inch E10 or E61 with a QWERTY keyboard. [Engadget]
Facebook May Start Using Geolocation For Status Messages Next Month
Next month Facebook may start including geolocation as part of status messages. This means that Facebook friends will know where each other are without the use of services such as Foursquare and Gowalla. According to the a source with The New York Times, Facebook plans to unleash this feature at the f8 conference in April. Facebook added a portion to their privacy policy that says: “When you share your location with others or add a location to something you post, we treat that like any other content you post.” [NYT]
Categories Facebook
Leave a comment
Scale Computing Raises $9 Million For Selling Enterprise Storage
Scale Computing is a storage solutions company for small and medium businesses. The company has raised $9 million led by Benchmark Capital. Other companies involved include Blue Chip Venture Company, CID Equity, and Spring Mill Venture Partners. Scale is based in Indianapolis, Indiana and is run by previous storage veterans that sold an anti-spam company called Corvigo Inc. to Tumbleweed Communications for $41.5 million in 2004. [VentureBeat]
Lindsay Lohan Suing E*Trade For $100 Million
Lindsay Lohan is suing E*Trade over a Super Bowl commercial where babies are chatting over a computer. One of the babies refers to his friend as “that milkaholic Lindsay.” Now The New York Post is reporting that Lohan is suing E*Trade for $50 million in exemplary damages and $50 million in compensatory damages for using her “name and characterization.” Lohan’s lawyer Stephanie Ovadia told The New York Post that “Many celebrities are known by one name only, and E-Trade is using that knowledge to profit.” [New York Post]
Categories E*Trade, Lindsay Lohan
Leave a comment
Cisco’s $90,000 CSR-3 Switch Can Handle 100G Networks
Cisco has unveiled a new router that will cost $90,000. The CSR-3 switch will be able to handle high demand for video on 100G networks. Cisco believes that this router will become their flagship router in the future. The CRS-3 router has three times the scale of its CRS-1 predecessor. [InformationWeek]
Categories Cisco Systems, Cisco Systems Inc.
Leave a comment
Tumblr Hit 1 Billion Pageviews In February
Blog service Tumblr.com has hit some major milestones in February. The biggest milestone being 1 billion pageviews. Tumblr blogs have the ability to be quickly updated with photos and embedded videos without a complex system behind it. An infographic can be seen after the jump with all the stats compressed in one. Below is more stats:
- 500 terabytes served in the last 30 days across 82 servers
- 2 million posts per day
- 15,000 new users added every day
- 330 community themes
- 18 new posts and 5 reblogs every second
- Over 250 international meetups
Categories Tumblr
Leave a comment
Postabon Raises $1 Million Led By Spark Capital
Postabon is a website and mobile service that uses geolocation to find local deals. Postabon has raised $1 million out of a $1.5 million funding round led by Spark Capital according to regulatory filings. Spark Capital’s Todd Dagres joined the Postabon board of directors as a result of the funding round. Postabon was started last year by Harvard University students Stu Wall, Shaneal Manek, and John Buchanan. [PEHub]
infoGroup Being Acquired For $460 Million By CCMP
infoGroup Inc. is being acquired for $460 million by private equity firm CCMP Capital. infoGroup reported sales of close to $500 million for the fiscal year ended December 31. infoGroup specializes creates databases that revolve around marketing and research. infoGroup was founded by Vinod Gupta and is based in Omaha, Nebraska. Gupta himself owns about 35% of the company. infoGroup has about 3,000 employees across the globe. [InformationWeek]
Categories CCMP Capital, infoGroup Inc.
Leave a comment