Monday, April 30, 2012
Qumu raises $10.7M in Series C funding - East Bay Business Times:
million round of Series C funding led by Advances Technology Ventures and joinedby -- a divisiojn of -- , , and the . The Emeryvillde company, which makes softwarse for streaming video and video content said Monday it will use the funds to speexd up product development and expand The company hasraised $18 million to Qumu entered into a strategid partnership with (NYSE: T) in whic h its technology will be used as part of the telecommunicatio n giant's portfolio, AT&T announced in June.
AT&f will integrate software from Qumu and two other softwarecompanies -- , of Newton, and Dayton, Ohio-based Stratacache -- with its own technologyy to offer network software to encode, deliver and manager video and multimedia files. Qumu changed its name from Media Publisheein February. The company makes software that manages webcasting and videocontent Qumu's customers include AT&T, ABT), (NYSE: COF), (NYSE: C), (NASDAQ: and (NASDAQ: EBAY).
Saturday, April 28, 2012
Profile: Applied Materials Inc. - San Francisco Business Times:
Yet you wouldn't know it from the school systems. Under-achieving and schools have too fewcredentialee teachers, low literacy levels, abysmal math scores and poor high school graduationm rates. The scenario worsensa among manyethnic groups. "Most outsiderzs are surprised that somehowSilicon Valley's overal wealth hasn't sheltered us from most of the educational challengexs that affect urban areas throughout the Unitee States," said Mike vice president of global community affairs at As a semiconductod business giant, Applied Materials knew the numbers were appalling.
As a communithy leader, it didn't want that to Over the years, the Santa Clara-based company has given away thousandse of dollars to help found exceptionaoeducational programs. Yet after partnering with Collaborative Economics to studg the educational achievement of every Silicon Valleyupublic school, company leaders realizedf they had to change their philosophy to reachj out to students one at a In 2002, the company set out to change the statistics in downtown and part of east San Jose. It partnerede with three dozen schools, education servicde organizations and nonprofits with an annual investment of morethan $1.
5 Horace Mann School in downtown San Jose, which receivede materials for its new preschool center. It remaines the most equipped downtown school to accommodatre allincoming kindergartners. Grant Academy also in San which got a summerteacher institute, a literacy coach and children' s musical theater program to help with readingt levels. After only a year, the academh upped its academic performance index by 92 API is the Stateof California's measurew of a school's academic performance. Downtownn Prep in San Jose, Siliconh Valley's first charter high school and the only one totargef under-achieving students, which created a new literacy program.
All 54 studentw in the first graduating class are goingto college. "Their families, theitr siblings, their community all understand college is possiblee fortheir kids," O'Farrell Last year, the Applied Materials East Side Cented for Professional Excellence debutef at San Jose's new Evergreen Valley High Teachers and administrators learn theory and practice, and receive critiquesd from peers and master Results: 93 percent of the participating studentzs are meeting state university admission requirements and the school had the lowestr absenteeism rate -- for students and teachers -- in the "We don't profess to be educators," O'Farrell said.
"Wee have a lot to share and we can brinhg partners tothe table." Beginning with Chairman James C. Morgan, who served as CEO for more than 25 the company uses its influence to brin gin like-minded community leaders and citizensa to help solve a "We tend not to be passivr grant leaders," O'Farrell said. "We have an educational consultantf that works with us ourCEO (Mike Splinter) is committed to Applied Materials trickles down that sensibilityg to its employees.
Splinter appealed to employees to give to nonprofites and hosted a reception for those whocontributed $1,000 or more; that spurred a 33 percent increase of "leadership givers," despite tougnh economic times and a drop in employees. Contributionb goes beyond cash. About 400 employees and familyy members boxed food for HelpingHandz Days. They serve as mentors to organizationa like Junior Achievement of Siliconm Valley andMonterey Bay. And the company intends to continudeits commitment. "We haven't put an end date. we're opportunity rich," O'Farrell said.
Thursday, April 26, 2012
Compass Airlines cuts ribbon on Louisville maintenance facility - Dallas Business Journal:
The subsidiary opened the three-bay maintenancw facility in January but held off on the ribbob cutting until key personnelwere hired, and they “gott a little airplane grease under their nails,” Compass president Tim Campbellk said during a news conference. Compass’ 70 employeed maintain the airline’s fleet of 36 Embraer 175 76-sear jets. Compass, which was founded in 2006 as a subsidiar of NorthwestAirlines Inc., was acquired by Deltaw as part of the Atlanta-based carrier’s merger with Northwest in October 2008. The jets previouslgy had been serviced bya third-party aircraft maintenance company, Campbell said.
Compass’ Louisville International Airporr facility, located at 5101 Crittenden consistsof 42,720 square feet of aircraft hangar 11,416 square feet of office, shop and storagew space, an 80,601-square-foot concrete apron and 33,48p0 square feet of parking and roadways. At the news conference, Va.-based Compass showed off its firsgt jet painted in theDelta colors. The rest of its fleeft will be converted from Northwest Airlines colorsx over the next Campbell said. At the news Kentucky Gov. Steve Beshear said the Compasw investment, including its $3 million annual payroll, “ie a tremendous economic achievement in the midst of some prettyg tougheconomic times.
” In August the board granted the airline preliminar y approval for $2 million in state tax incentive for up to 10
Tuesday, April 24, 2012
UK Study Shows Little Danger Of Shale Gas Water Contamination - Wall Street Journal
UK Study Shows Little Danger Of Shale Gas Water Contamination Wall Street Journal The research conducted by Durham University, in conjunction with Cardiff University in Wales and the University of Tromso in Norway, studied records from eight different fracking sites in the US, Europe and Africa. Of the thousands of fractures studied ... |
Sunday, April 22, 2012
Saturday, April 21, 2012
The entry titled "Supreme Court tosses $200000 award for improperly fired ... - Austin American-Statesman (blog)
The entry titled "Supreme Court tosses $200000 award for improperly fired ... Austin American-Statesman (blog) By Chuck Lindell | Friday, April 20, 2012, 11:39 AM Under a Texas Supreme Court ruling delivered today, a trucker fired for refusing to drive an unsafe vehicle â" he feared for himself and other drivers â" may have fared better in the courts had he ... |
Boston.com | Napoli homers again as Rangers beat Red Sox 6-3 Yahoo! Sports Texas, which improved to 10-2, once again got strong starting pitching. The Rangers' starters have posted a 1.84 ERA in their last eight games, » |

