The article explains this difference very well:
- Amazon’s approach: sell now, profit later
- Apple: big profits from small devices
An interesting read – ReadWriteWeb
The music industry still has a stranglehold on digital music.
At least 33 million people have tried Spotify, more than 150 million have registered for Pandora…Both are losing money, and for largely the same reason: the cost of music royalties. Pandora…in its most recently reported quarter lost $20 million on $81 million in revenue. Spotify’s accounts…show that it lost $57 million in 2011, despite a big increase in revenue, to $236 million.
It just seems silly. The music labels are pulling millions from these companies. So, why don’t they negotiate a rate that allows these companies to say in business?
Girls in STEM, featuring young women scientists and engineers who wowed the President and the nation at the White House Science Fair in February, shines a spotlight on these extraordinary young role models and their exciting projects — ranging from a machine that detects buried landmines, to a prosthetic hand device, to a lunchbox that uses UV light to kill bacteria on food. - whitehouse.gov/stem
STEM = Science, Technology, Engineering and Math
Beyond the casinos, past the clubs, over the glittering, multi-million dollar hotels that light up the Las Vegas Strip, beat the quiet drums of innovation and progress. Change is afoot.
What began as a relocation project, moving the online shoe and apparel shop headquarters from its Henderson location to downtown Las Vegas, has blossomed into a revitalization project, breathing new life into an area all too often described as seedy and run-down.
By the end of 2013, Zappos will take over downtown’s old City Hall building, which will receive a major renovation to accommodate 2,000 of its employees (the Henderson office is home to approximately 1,200), and several blocks of surrounding real estate have been procured to round out the “Zappos campus,” serving as a spark plug to the surrounding area.
It’s all part of Hsieh’s vision to make downtown Las Vegas a vital community — attracting families, urban dwellers, and business owners — to not only visit, but to live and thrive, with art galleries, yoga studios, coffee shops, book stores, sporting events and charter schools.
Hsieh is investing $350 million into the Downtown Project, with $200 million in real estate development, including residential, $50 million for small business investment, $50 million for education, and $50 million for start-up investments, in companies who are already in Las Vegas or are willing to relocate to downtown.
The start-up investment is a ripe opportunity for seedling companies looking for the right environment to get off the ground. Besides providing a lower cost of living, compared to many start-up hubs, the Downtown Project offers access to mentors, space and peers.
When I asked Zach Ware, who oversees campus, urban, and start-up development, about the strategy to attract start-ups and compete against fertile start-up grounds like Palo Alto, San Francisco and Seattle, he explained:
We’re less about comparisons and more about creating something new. Most cities have their fair share of incubation programs and other formal ways to accelerate learning and happiness. We see an opportunity to create a form of an incubator in an entire city, but without the formalities. So if you consider the elements that make up an incubator (proximity to mentors, proximity to others like you, access to capital and space) we think those things can be more organically scaled if they are a part of a city.
Taking a cue from the edicts in Triumph of the City, the project aims to make downtown Las Vegas a great place to eat, meet, work, live, learn, and play.
After witnessing first-hand the kind of company Tony Hsieh has built with Zappos — during my recent headquarters tour, one senior woman commented, “Boy, would I have loved to work here when I was young” — I have no doubt the project will be a success. In fact, it’s the only Vegas bet I’ll make.
Google isn’t the only company working on a self-driving car. Cadillac today announced that it is actively road testing a semi-autonomous system called Super Cruise that can control a vehicle’s steering, braking and lane-centering capabilities. Super Cruise, according to Cadillac, is designed to help make freeway driving easier on the driver when either stuck in traffic or during long hauls down the interstate.
The system works by combining on-board radar, ultrasonic sensors, cameras and GPS data to give your car the ability to read lane markings and detect curves in the roadway.
via Laptop Magazine
For certain luxury cars, we are already half-way (or more) there. From the Cadillac news release:
Many of the building block technologies for Super Cruise are already available on the all-new 2013 Cadillac XTS and ATS luxury sedans, as part of the available Driver Assist Package:
- Rear Automatic Braking
- Full-Speed Range Adaptive Cruise Control
- Intelligent Brake Assist
- Forward Collision Alert
- Safety Alert Seat
- Automatic Collision Preparation
- Lane Departure Warning
- Side Blind Zone Alert
- Rear Cross Traffic Alert
- Adaptive Forward Lighting
- Rear Vision Camera With Dynamic Guidelines
- Head Up Display
The key to delivering semi-autonomous capability will be the integration of lane-centering technology that relies on forward-looking cameras to detect lane markings and GPS map data to detect curves and other road characteristics, said John Capp, General Motors director of Global Active Safety Electronics and Innovation.
Pretty crazy to think about all the technology needed to self drive a car. That’s 12 sensors/alerts/displays with more needed to fully automate the simplest of driving tasks. Makes our brains seem pretty sophisticated.
Venture capitalists invested $5.8 billion in 758 deals in the first quarter of 2012.
The report shows that after a strong fourth quarter 2011, VC investment activity for the quarter fell 19 percent in terms of dollars and 15 percent in the number of deals compared to the fourth quarter of 2011 when $7.1 billion was invested in 889 deals.
- Life Sciences and Clean Technology sectors saw decreases
- Double-digit percentage increases in the Consumer Products and Services, and Telecommunications industries.
- The Software industry received the highest level of funding for all industries
Read the full report – Leena Rao, TechCrunch
Radioactive particles released in the nuclear reactor meltdown in Fukushima, Japan, following the March 2011 earthquake and tsunami were detected in giant kelp along the California coast, according to a recently published study.
Radioactive iodine was found in samples collected from beds of kelp in locations along the coast from Laguna Beach to as far north as Santa Cruz about a month after the explosion, according to the study by two marine biologists at Cal State Long Beach.
The levels, while most likely not harmful to humans, were significantly higher than measurements prior to the explosion and comparable to those found in British Columbia, Canada, and northern Washington state following the Chernobyl disaster in 1986, according to the study published in March in the journal Environmental Science & Technology.
The highest levels were found in Corona del Mar.
via LA Times
We want to transform an abandoned trolley terminal on the Lower East Side of Manhattan into the world’s first underground park, called Lowline.
This space is quite large, by New York standards: 60,000 square feet, or 1.5 acres. It was built in 1903 as a trolley terminal, for streetcars traveling over the Williamsburg Bridge, and has been out of operation since 1948. We fell in love with the site because of its architectural details: old cobblestones, crisscrossing rail tracks, vaulted 20-foot ceilings, and strong steel columns.
To build this park, we’re planning to use a cutting-edge version of existing technology– which we’ve already built in prototype. It uses a system of optics to gather sunlight, concentrate it, and reflect it below ground, where it is dispersed by a solar distributor dish embedded in the ceiling. The light irrigated underground will carry the necessary wavelengths to support photosynthesis– meaning we can grow plants, trees, and grasses underground. The cables block harmful UV rays that cause sunburn, so you can leave the SPF-45 at home. Sunglasses optional (for cool kids).
We think a year-round public space will be valuable for everyone. Farmers markets and vendor stands can feature fresh produce and locally made goods, supporting local and sustainable businesses. Art installations, concerts, and performances can help showcase the incredible creative spirit of the Lower East Side. Youth programming and educational opportunities can offer rich experiences for kids and parents. And a safe haven from the hectic feel of Delancey Street will serve as relief in a very car-centric corner of Manhattan.
When it’s really cold, or pouring rain, how much fun is it to hang out in Central Park? The High Line? Not so much. The LowLine can be the 21st century answer to traditional parks: instead of building up, let’s build down!