BootstrapAccelerator Asia Wants To Bring Promising Southeast Asia Startups To Silicon Valley
Though Southeast Asia is one of the world’s fastest growing economies and benefits from a youthful, tech-savvy population, the region’s startup ecosystem is still in its infancy and many founders lack resources. The freshly launched BootstrapAccelerator Asia seeks to address that gap. Founded by San Francisco-based seed and venture capital fund BootstrapLabs and Malaysia’s MAD Incubator, BootstrapAccelerator Asia is currently seeking startups that have the potential for global expansion. The year-long program will focus on “early-stage capital efficient startups that leverage the speed of Internet distribution and the scalability of cloud infrastructure,” bringing promising candidates to Silicon Valley. Foreign startups that BootstrapLabs has previously relocated to Silicon Valley include Prezi, Witsbits, AudioDraft and Zerply, which have raised a combined $25 million in funding. MAD (Make A Difference) Incubator is the largest private incubator in Malaysia, with the goal of helping ...
Unanimous: Provo Utah Council Approves Google Fiber
symbolset writes "In a unanimous vote the Provo Municipal Council has agreed to a plan to sell the city's troubled iProvo fiber Internet network to Google. Although this makes Provo, Utah the third city to embrace Google's ambitious gigabit fiber to the home plan the existing network will allow the residents of Provo to see faster installation than the others. Google had previously announced plans to proceed immediately on approval." They city handed the network over for $1, but there are hidden costs, from the article: "Provo taxpayers will still have to pay off a $39 million bond that the city originally issued to build the network. With interest, taxpayers still have to pay $3.3 million in bond payments per year for the next 12 years. ... The city will have to pay about $722,000 for equipment in order to continue using the gigabit service for government operations ... The city also has to pay about $500,000 to a civil engineering firm to determine exactly where the fiber optic cables ...
Yahoo Is Going To Stop Email Service In China
An anonymous reader writes with news that Yahoo will be ending their email service in China on August 13th. A support post on the Yahoo China site tells users how to migrate their account to a different email service called Aliyun. If they do so, their data can be migrated and they will continue to receive emails to their Yahoo address until the end of 2014. From the article: "The US Internet giant Yahoo! has come under criticism in the past over its business in China, with executives apologising in 2007 for providing evidence that Chinese authorities used to convict government critics. The company said it was legally obliged to divulge information about its users to the Chinese government but that it was unaware it would be used to convict dissidents. The end of the service will affect millions of users, the paper quoted Alibaba public relations official Zhang Jianhua as saying, though he did not have a total figure."
Filipino Accelerator IdeaSpace Picks Country's Top 20 Tech Startups
Many of the brighter ideas coming out of tech startups in the Philippines are health-related, with a heavy slant on mobile technologies. Filipino incubator, IdeaSpace just whittled a list of 700 entries from startups down to just 20. These 20 will eventually be halved further. IdeaSpace is offering 10 slots to startups to get six months incubation support and funding of up to $120,000 (PHP 5 million) each, to be decided on April 5. Teams from outside the Metro Manila area will also get housing support. A look at the list of finalists reveals that healthcare is a top concern, and like many tech ideas in Asia’s emerging markets, the heavy reliance on mobile technologies is apparent. IdeaSpace would not provide more details on the startups’ models, in order to protect their intellectual property, it said. AgriCultureTechnology – monitors growth of aquatic livestock Armtech – affordable water purification machine for households CornerData – simplified data gathering for agriculture ...
Glasgow To Be UK's First 'Smart City'
CowboyRobot writes "Once the 'Second City' of the British Empire, scrappy Glasgow — whose now-demolished Gorbals was once known for urban grimness on a par with Chicago's South Side or New York's Hell's Kitchen — has the chance for a whole new lease on life as the UK's first 'smart city.' The UK's government has just announced a $38 million (£24 million) grant to fund pilot projects in the city that show how mass deployment of sensors and real-time information can help local government run more efficiently while also boosting the quality of life for its 600,000 citizens. Glasgow won the prize in a competition among 30 British towns and cities for state help in looking at the possible contribution of smart technology."
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