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Seattle
startups, deals, Multimedia

MOD Systems Inks $6M Series B, Surviving Controversy Surrounding Indictment of Co-Founder Mark Phillips

Thea Chard 9/3/10

Seattle-based MOD Systems, a developer of digital-media delivery systems, has had a rocky couple of years, but now it has found a new lifeline in the form of a $6 million investment.

The company, which develops technologies that allow consumers to purchase digital movies, TV shows, and music, and load them onto SD cards portably through touch-screen kiosks, raised an impressive $35 million Series A in September 2008, led by Toshiba, NCR, Deluxe Entertainment Services, and private investors. But the company drew less glowing attention after its co-founder and then CEO Mark E. Phillips was sued by an investor for fraud, embezzlement, misrepresentation, and breach of fiduciary duty in February 2009.

However, despite the public and drawn-out case—resulting in... Read more »

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The Leaning Tower of Ping: How iTunes Could Be Apple’s Undoing

With each new product that Apple announces, including the revamped Apple TV and the new Ping social network, Steve Jobs reveals a little bit more of his plan to dominate the media universe. But I can... Read more »

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Boston
Roundup, Life Sciences, acquisitions

PerkinElmer Sells Unit for $500M, Aveo Stock Climbs, Pfizer Buys FoldRx, & More Boston-Area Life Sciences News

Erin Kutz 9/3/10

This week we saw news of acquisitions from drug giants, and got updates on several New England biotechs.

—The FDA alerted South San Francisco-based Genentech that it was not going to review its application for accelerated... Read more »

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Boston
Health IT, deals, VC

Life Image Secures $5.2M in Second Financing Round to Push Medical Images in the Cloud

Ryan McBride 9/2/10

Life Image has won further investor support after more hospitals have bought its new technology for exchanging medical images via the Internet cloud. The Newton, MA-based software startup has closed $5.2 million of a planned $10... Read more »

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Seattle
cleantech, Energy efficiency, Economic Development

Buildings that Act Like Guinea Pigs for Energy Efficiency: The Puget Sound Regional Council Plan for Green Jobs

Thea Chard 9/2/10

Everyone is looking for the next big thing during an economic downturn, whether it be individuals searching for ways to reinvent their careers after lags and layoffs, or whole regions needing to rebuild their economies.

This... Read more »

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San Diego
Biotech, deals, obesity

Orexigen Nabs $1B Deal With Takeda to Market Obesity Drug, Shares Climb

Luke Timmerman 9/2/10

San Diego-based Orexigen Therapeutics has found a partner to help it compete in the growing market for drugs to combat obesity. It’s Japan-based Takeda Pharmaceutical.

Under the terms of the deal, Takeda has obtained an... Read more »

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digital media, Entertainment, Software

Apple Vs. Amazon Battle Continues: Adventures in TV Land

Gregory T. Huang 9/2/10

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policy, Leadership, people

U.S. Innovation and Entrepreneurship Council Quietly Holds First Meeting in DC, Starting with Steve Case-Hosted Dinner

Gregory T. Huang 9/2/10

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San Diego
Roundup, Life Sciences, funding

Otonomy Gets $38.5M, Avalon Helps Restart Drug for Age-Related Blindness, Accumetrics Heads Toward Profitability, & More San Diego Life Sciences News

Bruce V. Bigelow 9/2/10

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Boston
Software, startups, Analytics

Buzzient Makes Social Media Analytics Software, Attracting Business Customers From Gaming to Financial Services

Erin Kutz 9/2/10

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San Francisco
startups, IT, investing

Spinout Doctors: How New Venture Partners Saved Freescale’s Magnetic Memory and Other Stranded Technologies

Wade Roush 9/2/10

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Boston
energy, Life Sciences, startups

Mascoma Gets New Cellulosic Ethanol Technology Through $51M Deal With SunOpta

Ryan McBride 9/2/10

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Xconomist Forum - Insight & Opinion

innovation, Competitiveness, Government

The Innovation Imperative: How Corporations and Nations Can Survive the Tsunami of Global Competition and Thrive

Ken Morse 9/3/10

Government leaders in Europe and North America are seeking to formulate enlightened, effective policies to create the necessary ecosystems and help their corporations respond to threats of loss of markets at... Read more »

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San Francisco
Biotech, startups, innovation

It’s Time for Universities to Get More Nimble

Regis Kelly 9/2/10

“Early to bed,

Early to rise,

Makes a man healthy,

Wealthy and wise.”

Attempting to motivate their children to go to bed at a reasonable time, parents have for generations invoked... Read more »

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Seattle
Biotech, Drugs, startups

The Feds Need to Start Supporting Early-Stage Drug Development

Shawn Iadonato 9/2/10

The U.S. Congress is on track to fund a pivotal element of healthcare reform, a $50 million dollar down payment on the $500 million dollar Cures Acceleration Network (CAN) initiative. This... Read more »

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San Francisco
Life Sciences, VC, Stem Cells

Will the Stem Cell Ruling Affect Venture Capital Investing?

Brad Webb 9/1/10

Last week’s federal district court ruling ordering an immediate halt in federal funding for stem cell research has thrown academic research circles into a state of confusion. This has caught the... Read more »

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Boston
cleantech, energy, trends

Lessons in Energy from an MIT Sloan School Grad

Mahesh Konduru 8/26/10

A little less than two years ago I made the decision to enroll at MIT Sloan for an MBA. Shortly after getting to the campus, I made the decision to look... Read more »

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San Francisco
Biotech, startups, innovation

How Bay Area Biotech Stacks Up With the Rest of the World

Gail Maderis 8/23/10

Recently, Newsweek columnist Fareed Zakaria told an audience of biotechnology executives that America’s foothold as the preeminent technology innovator may be slipping.

“Bill Gates is the Britney Spears of China,” Zakaria... Read more »

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