Tech Town, NC

There has been a flurry of press lately about, ehhh, how to save the press. At fault, of course is the nefarious internet and scheming bloggers. The most earnest and conversation-stirring of these articles comes from a cover article by Walter Isaacson, former Managing Editor of TIME and current President of the Apsen [...]

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Nick Denton says media is doomed (in the near to mid-term).
Adeo Ressi says the VC model is broken.
Nouriel Roubini has been saying for a while now that the US is nearly bankrupt.
Call them all pessimists, but they’re having their day right now, Roubini especially. When everyone else wants to say “Things are bad, BUT…” [...]

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In an updated to the last post, Lulu PR has confirmed rumors that they have acquired weRead. Lulu would not release details of the transaction but said it was more strategically motivated than monetarily (presumably, though, their strategy does include money…). Anyway, they went on to describe the move as for the “benefit [...]

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Morrisville based Lulu.com has partnered with Bangalore, India startup Ugenie and their flagship application weRead. Ugenie’s facebook app, iRead, has over 1 million users on facebook according to their website (though facebook puts them at 552,687 active users at the moment, still none too shabby). The facebook app, and similar apps on other [...]

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One of the brightest lights of the local tech scene, Shoeboxed.com, just celebrated its 1st birthday on Thursday, July 24. Kudos to the team of Taylor Mingos, Dan Englander, and the rest of those happy warriors over in Durham. In just 12 months they’ve established themselves as a thoroughly useful service with some [...]

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Tim Simmons of the New & Observer has a good piece today on iPhone apps developed by local companies and hobbyists that goes to show just how broad the app store’s appeal is.
The most notable app of the bunch is Twitterific developed by Iconfactory in Greensboro. The straightforward Twitter management tool has exploded in [...]

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I’d missed the last few Social entrepreneur meetups with vacation and work, but I’m glad I attended this one. We were treated to four strong presentations and lots of new faces. The crowd continues to diversify in all respects, most notably in terms of age, attracting a larger share of more mature entrepreneurs [...]

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Adam Ostrow gives credit where credit is due by lauding a couple big steals in the world of web 2.0 acquisitions: MySpace and Flickr. When Mr. Murdoch bought MySpace for $580 million in 2005 many thought he had lost his mind. In retrospect, that was chump change.
Microsoft has ponied up about half of [...]

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