Crowdsourced Network Planning For Connection-Bridging Startup
An anonymous reader writes "Tom's Hardware reports on the Connectify Switchboard software that "divides the user's traffic between Wi-Fi, 3G/4G and Ethernet-based connections on a packet-by-packet basis. Even a single stream — such as a Netflix movie — can be split between two or three Internet connections for a higher resolution and faster buffering." As part of its Kickstarter campaign, Connectify is geolocating their backers to optimize deployment of their servers. This is a clever way for supporters to influence the project beyond pledge levels and stretch goals, and it's actually kind of fun to watch."
FCC nominee Wheeler to divest telecoms holdings if confirmed
WASHINGTON - Tom Wheeler, nominated to become the new chairman of the Federal Communications Commission, pledged to divest stakes in AT&T Inc, Dish Network Corp, Google Inc and dozens of other tech and telecoms companies if he is confirmed.
TechStars Arrives In Austin, Will Launch First Program In August
TechStars, the popular startup accelerator with locations in Boston, Boulder, New York, Seattle, London, and more, has today announced an expansion to Austin, Texas – a city TechStars founder and CEO David Cohen refers to as the “natural next stop for us” in this morning’s announcement about the new location. The program will launch its first program this August, and is accepting applications now. TechStars Austin will operate out of Capital Factory in downtown Austin, and will be managed by Jason Seats, who sold his company Slicehost to Rackspace in 2008, making him VP of Engineering there. Seats has worked with the TechStars organization since 2011, serving as Managing Director of TechStars Cloud. He’ll now be relocating from San Antonio to Austin with his new position. Cohen also notes that Austin has been named the “number one boomtown” and best place for your startup by folks like Forbes and Bloomberg, and recently became the second city chosen to receive Google Fiber. ...
China's SeedAsia Opens For Business, An Online Equity Crowdfunding Platform For Startups Across Asia
SeedAsia, an equity crowd-funding site based in China, has just launched. The company is offering stakes in selected early-stage startups to the public. “It’s kind of a hybrid between Kickstarter and private investment,” said co-founder Tom Russell. The startups to be listed would have ideally gone through some some sort of incubation program and would have shown promise. They can apply offer between $50,000 and $1.5 million in equity through SeedAsia’s platform. SeedAsia takes a 5 percent cash commission from the startup and another 5 percent of the investor’s equity. It is currently considering charging a management fee next year, said Russell. Potential investors need to apply and be screened, and SeedAsia has set the minimum investment commitment at $2,000 per member. “It costs about $20,000 to $30,000 at minimum to be an angel investor, so this lowers the entry barrier for people,” he said. SeedAsia is the first equity crowd-funding site to launch in the region, although ...
NBA fines Thibodeau $35,000 for comments
Chicago Bulls coach Tom Thibodeau was fined $35,000 by the NBA on Sunday for comments that were critical of the officiating after the team's Game 3 loss to the Miami Heat.