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Polar Rose shifts face recognition from consumer products to mobile sector
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Swedish-based facial recognition startup, Polar Rose, is leaving the consumer products business, which is likely to hasten the birth of the next great mobile app. Polar Rose has been working with the Swedish software and design company The Astonishing Tribute to create an app to recognize people through a mobile phone’s camera in real-time. More at MediaPost.com, 8/30/10: (Article posted on 9/7/2010)
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Young entrepreneurs in Brazil found by large companies
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Brazil is finding young professional with a ‘start up spirit’ and helping them to become entrepreneurs. The Genesis Institute is where this is partially occurring, as young entrepreneurs complete projects including the creation of operational software for bus companies. This is helping to bring about a new class of entrepreneurs into the economy, which is dominated by big businesses. More at CSMonitor.com, 4/8/10: (Article posted on 4/26/2010)
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Digital economy in Indiana is flourishing
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There has been a rise of technology jobs in Indianapolis, and the director of eMarketing suggests that a young professional interested in digital marketing would thrive in Indianapolis. He describes the area has having a “tremendous amount of energy”. Part of the success in this area is because of the tax credits, patent income exemptions and R&D sales tax exemptions. More at MediaPost.com, 4/21/10: (Article posted on 4/26/2010)
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Twitter discusses business model (video)
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Twitter has a business model, and many people feel it is about time. The basic idea deals with search and relating ads to certain words. For example, a search of ‘I am tired’ will bring up a result of a Starbucks ad along with other results. The other idea is ‘promoted tweets’ which is still under development. More at CNETNews.com, 4/23/10: (Article posted on 4/26/2010)
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Young entrepreneurs in Brazil found by large companies
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Brazil is finding young professional with a ‘start up spirit’ and helping them to become entrepreneurs. The Genesis Institute is where this is partially occurring, as young entrepreneurs complete projects including the creation of operational software for bus companies. This is helping to bring about a new class of entrepreneurs into the economy, which is dominated by big businesses. More at CSMonitor.com, 4/8/10: (Article posted on 4/26/2010)
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igital economy in Indiana is flourishing
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There has been a rise of technology jobs in Indianapolis, and the director of eMarketing suggests that a young professional interested in digital marketing would thrive in Indianapolis. He describes the area has having a “tremendous amount of energy”. Part of the success in this area is because of the tax credits, patent income exemptions and R&D sales tax exemptions. More at MediaPost.com, 4/21/10: (Article posted on 4/26/2010)
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Twitter discusses business model (video)
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Twitter has a business model, and many people feel it is about time. The basic idea deals with search and relating ads to certain words. For example, a search of ‘I am tired’ will bring up a result of a Starbucks ad along with other results. The other idea is ‘promoted tweets’ which is still under development. More at CNETNews.com, 4/23/10: (Article posted on 4/26/2010)
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Glympse location based service allows others to track a person’s location
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Location based social sharing by Glympse is a new service that works with the iPhone, Android, and Windows Mobile. The basic idea is that users can share their location, in which other friends can see where they are. Glympse defines itself against other location services in its real time ability and well thought out privacy features. More at ReadWriteWeb.com, 4/16/10: (Article posted on 4/19/2010)
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TweetPhoto raises $2.6M, gives hope
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TweetPhoto is a photo service that revolves around Twitter. They recently received $2.6M in series A funding. The CEO of TweetPhoto believes his service will remain strong with “whatever Twitter does” because it can easily work with other social networks. It is thought there is a lot of uncertainty about Twitter, and this uncertainty can become a great opportunity. More at Mediamemo.allthingsd.com, 4/13/10: (Article posted on 4/19/2010)
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Twitter turns its focus to revenue
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Twitter has had problems developing a monetization model, but now believes it has a good plan. Rather than having ‘ads’ Twitter will have ‘promoted tweets’, and the system they will be under is called ‘Resonance’. The model has plans to first start out at a CPM model. More at E-CommerceTimes.com, 4/15/10: (Article posted on 4/19/2010)
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