Category: News

  • Late Planet-Forming Star Spotted by Herschel

    NASA and the European Space Agency’s (ESA) Herschel Space Telescope has spotted a planet-forming star that wasn’t thought to be possible.

    The star, named TW Hydrae, is estimated to be 10 million years old – older than the age at which stars are thought to be able to produce planets. However, the star still has an accretion disc massive enough to possiblly produce planets. The new findings appear in a paper published recently in the journal Nature.

    “We didn’t expect to see so much gas around this star,” said Edwin Bergin, lead on the new research and an astronomer at the University of Michigan. “Typically stars of this age have cleared out their surrounding material, but this star still has enough mass to make the equivalent of 50 Jupiters,”

    The new TW Hydrae data comes out of a new technique for estimating the mass of planet-forming discs. Researchers used the Herschel telescope to analyze the light coming from the star and pick out hydrogen deuteride gas, which emits light at the longer infrared wavelengths that Herschel can detect. The measurements have provided the most precise measurement of the disc’s mass to date.

    “Before, we had to use a proxy to guess the gas quantity in the planet-forming disks,” said Paul Goldsmith, project scientist for Herschel at NASA’s Jet Propulsion Laboratory(JPL). “This is another example of Herschel’s versatility and sensitivity yielding important new results about star and planet formation.”

    The researchers stated that knowing the mass of a star’s gas disc is “crucial” to understanding how planets may form around it. Though they don’t know what TW Hydrae’s massive disc will mean for the system’s future, the astronomers stated that the new data has helped define “a range” of possible future planet configurations.

    “The new results are another important step in understanding the diversity of planetary systems in our universe,” said Bergin. “We are now observing systems with massive Jupiters, super-Earths, and many Neptune-like worlds. By weighing systems at their birth, we gain insight into how our own solar system formed with just one of many possible planetary configurations.”

    (Image courtesy NASA/JPL-Caltech)

  • Google Launches Big Google Earth Update

    Google launched a major update to Google Earth this week for the desktop, iOS and Android. The update includes the addition over over 100,000 new tours and a million new photos in Tour Guide.

    “As you navigate in Earth, tour guide acts as a local exploration expert suggesting interesting places near the location you’re visiting,” Google said in a Google+ update on Tuesday (via TheNextWeb). “Today’s update adds over 100,000 new tours of popular sites, cities and places across 200 countries, as well as enhancements to existing tours.”

    “The new, richer tours combine 3D flyovers, Wikipedia snippets and – for the first time – place highlight and more than 1 million user-generated Panoramio photos in order to create an immersive and educational exploration of your favorite places,” Google added. “Each tour ends with a selection of photo thumbnails which were selected from Panoramio as the best representation of a given place. Clicking on one of the thumbnails enables a full screen photo experience.”

    The Tour Guide feature is available on Google Earth 7.0. Google introduced this version back in October bringing the tour guide feature to the desktop.

  • Daily rituals performed in a flood: A TED Fellow is crowdsourcing rituals for a unique performance

    Holoscenes-1-post

    A concept sketch of a HOLOSCENES aquarium. Image: Peter Zuspan / Lars Jan

    TED Fellow Lars Jan, the director of the multi-disciplinary art lab Early Morning Opera, is seeking everyday personal rituals from collaborators — perhaps, you? — for a work-in-progress called HOLOSCENES. This public-performance installation — inspired by humanity’s relationship with climate change and flooding — will be made up of three aquariums, each enclosing a performer enacting a looped, choreographed ritual as water rises and falls driven by environmental data drawn from the internet.

    Would you like to contribute? Read on.

    Can you give us an example of the kinds of rituals you’re collecting?

    We had a collaborator on the border of Myanmar who met a family and documented a daily face-painting ritual. It’s for beautification, but it also acts as a sunblock. It involves a kind of wood called thanaka, which is ground on a particular kind of stone with a little bit of water to form a paste, which is applied on the face. This ritual is mostly done by women, who also apply it to their children, often in beautiful patterns. This particular woman used a toothbrush to apply it every morning. That’s the thing that’s important — the ritual might be something that happens in hundreds of thousands of households, but the point of the project is not to recreate the ritual in a generic fashion. We’re making contact with very specific individuals who perform their own ritual in a very specific way. I make coffee in the morning like a lot of people, but I also have my own idiosyncrasies — a personal pattern to this daily ritual that is all my own.

    Will the rituals you’re collecting form the basis of the performances inside the aquariums?

    Yes. The choreography and design of the physical behaviors inside the aquariums are all sourced from people we make contact with who live near any one of the 52 coordinates that we generated randomly across the globe. Our performers simulate these rituals inside the aquariums based on documentation collected by collaborators. Sometimes the people we’re contacting are far away – I’m communicating with people who are, say, in Uganda, having been handed from one interested person to another to another to reach people who are close to a coordinate and want to collaborate with us. What I wanted to do was to create a semi-open source network, dependent on an unpredictable cascade of online and in-person encounters.

    Holoscenes-post-2

    A rendering of what HOLOSCENES will look like when staged. Credit: Peter Zuspan

    Will the contributors get to participate in performances?

    Yes, by providing the source material for the choreography and design at the heart of the project.
    The entire collection process is actually referencing 500 years of what could be called a colonialist collection process, starting with imperial menageries, cabinets of wonder or curiosity, down to zoos and world’s fairs and aquariums. And we want to depriortize catastrophe as a lens through which to look at the world.

    The project is inspired by flooding. In the last decade, I’ve found myself looking at a lot of places I had never seen before, and the reason I was looking at them, by way of beautiful photographs online and in newspapers, was because they were devastated. I wanted to find a more democratic way to look at the planet and the people on it. Rather than highlight people at the extremes, at their lowest, I wanted to cultivate and collect the mundane — and sacred — everyday behaviors of people across the planet.

    How do the rituals then relate to climate change and flooding?

    That’s partly where the conceptual and aesthetic leap is. Ultimately, the project is putting the rhythms of daily behaviors and human-scale patterns in conversation with longer-term patterns, such as those driving climate change. That’s a question at the heart of the project: What’s the future of long-term thinking? Are we, as individuals, communities, and a global society, capable of evolution in terms of recognizing complex, long-term patterns and then adapting our everyday behaviors based on that rational understanding?

    The aquariums flood and drain with water at varying speeds. What drives the hydraulic system to make water going up and down in the tanks is environmental data scraped from the internet and other sources. Sometimes it floods incredibly slowly, sometimes very quickly. It’s a material data visualization: the water level goes up and down, but rather than seeing it from a remove, the data driving the water movement flooding and draining is dramatically affecting the ritual being performed, and dramatically changing the environment of the person in the tank. I’m curious to see the visceral empathic response viewers will have seeing the water flooding and draining, flooding and draining while a person — a performer — copes with the very mythic yet increasingly present-tense condition of deluge.

    This visceral, visual metaphor — a person fighting through flood in an aquariam — is partly about our collective myopia in the face of these changes and our persistence and adaptive capacities in response to our changing environment — a multi pronged, complex visual metaphor that radiates out and connects with all kinds research and thinking, from behavioral science, climate science and palaeontology to questions like “What’s the neurology of long-term thinking? What’s the evolutionary future of empathy in an increasingly mediated world?” All those things are woven together in the project.

    Where will HOLOSCENES be performed?

    The full public, three-aquarium iteration of HOLOSCENES will premiere at the Yerba Buena Center of the Arts in San Francisco in 2015, and likely premiere in a one-aquarium iteration sometime in 2014. Ultimately, it is meant to be a public performance intervention in an urban environment, running 24-hours a day for 7 days. The intention is to become a pivot for a public discourse and awareness outside of an exclusively artistic context. My collaborators and I are interested in reaching a far broader audience.

    To find out more and contribute a ritual to be considered for HOLOSCENES, visit the website »

  • Twitter Lets You View Larger Photos Inside Profile Pages, Adds Videos to Media Galleries

    Twitter has begun to roll out some nice changes to profile pages that have to deal with the media they contain.

    First off, Twitter is no longer making you leave the page to view photos when you click them from inside a profile page. Now, these photos should pop up in a lightbox. Another bonus to the new and improved photo-viewing experience is that the photos will also be bigger.

    You’ll also see more video content inside the media galleries on the left-hand side of users’ profiles.

    “Media galleries now include videos from Vine, YouTube, Vimeo, and other partners whose videos appear in expanded Tweets,” says Twitter.

    Twitter also announced another cool update today. They’ve expanded individual tweet pages to allow users to scroll through all the replies – not just a handful. This is a long time coming and allows users to better explore the conversation stemming from popular tweets from popular users.

  • Microsoft To Build Two More Data Centers in Virginia

    microsoft-boydton-exterior

    The exterior of the Microsoft data center in Boydton, Virginia. The company said today that it will invest $348 million to build two more facilities at the site. (Photo: Microsoft)

    Microsoft Corp. will invest an additional $348 million to expand its modular data center site in southern Virginia, the company said today. The company will build two additional facilities on its data center campus to increase capacity to serve its growing customer base. The expansion boosts Microsoft’s investment in its Virginia data center campus to $997 million.

    The expansion is part of an ongoing data center construction program as Microsoft builds future capacity for its battle with Google and other leading players in cloud computing. It has built rapidly at its Virginia facility since it was announced in 2010.

    “This expansion will allow us to meet the growing demand from consumers and businesses for our cloud services in the region in an increasingly efficient manner,” said Christian Belady, general manager of Microsoft Data Center Services. ”These facilities showcase state-of-the-art designs developed from our latest technology and infrastructure research that continues to minimize water, energy use, and building costs, while increasing computing capacity, software capabilities, and server utilization.”

    Focus on Modular Design

    Microsoft’s Boydton facility features the use of a container-based design known as an IT-PAC (short for Pre-Assembled Component). The IT-PAC serves as the foundation of a broader shift to a modular, component-based design that offers cost-cutting opportunities at almost every facet of the project. They are designed to operate in all environments, and employ a free cooling approach in which fresh air is drawn into the enclosure through louvers in the side of the container – which effectively functions as a huge air handler with racks of servers inside.

    Microsoft’s original project in 2010 involved an investment of up to $499 million and 50 new jobs. In 2011 the company invested an additional $150 million to expand the site.  The latest expansion project will create 30 new jobs.

    “In 2010 we were confident that Microsoft’s plans to establish one of its most advanced data centers in Mecklenburg County would be a transformational project,” said Governor Bob McDonnell. “This second expansion within 16 months of the previous one is a great testament to Microsoft’s success and commitment to Virginia. The company continues to grow its cloud operations, representing a total of nearly one billion dollars in capital investment. The Commonwealth is one of the most active data center markets in the country, and Microsoft’s rapid development helps continue to establish us an industry leader.”

    The Microsoft expansion will be supported by $2.2 million in public funding, including $2 million in funds from the Virginia Tobacco Indemnification and Community Revitalization Commission and $200,000 from the Governor’s Opportunity Fund.

    Microsoft’s data centers are a key component in a major business shift at the company, which is expanding beyond its traditional desktop software business to offer cloud computing services, in which Microsoft’s applications will be hosted in its data centers and delivered over the Internet.

  • Google: Canadians Love Super Bowl More Than Stanley Cup (And Are Ravens Fans)

    Google says more people in Canada search for the “Super Bowl” than for the Stanley Cup, which is interesting, considering there are no NFL teams in Canada, while the NHL has a number of teams in the country.

    The company has been analyzing its search trends, and sasy that in 2012, there were twice as many searches on Google for “Super Bowl” in Canada than “Stanley Cup,” with Canadian Super Bowl searches on the rise again ahead of the big game this Sunday. Searches for “Super Bowl” from Canada have risen by over 480% in the past seven days alone, the company says.

    Interestingly, Canadians are searching for the Ravens a lot more than for the 49ers.

    “Searches for the Ravens and the 49ers are in a dead heat in the US,” says Google in a post on its Canada blog. “But it’s a different story in Canada, where searches for the Baltimore Ravens are outpacing 49ers searches by 45 percent. As we’ve seen in years past, geographic allegiances seem to factor into search activity as British Columbia is showing the highest search rates for the San Francisco 49ers and Ontario has the highest volume of Baltimore Ravens Searches. Nationally, Nova Scotia is leading all provinces in searches for ‘Super Bowl’.”

    Google Trends Super Bowl data

    Interestingly, even the Patriots are attracting more searches than the 49ers. 49ers coach Jim Harbaugh is getting more searches than Ravens coach John Harbaugh – 85% more, according to Google.

  • RIM Stock Takes A Hit After BlackBerry 10 Reveal

    RIM, now known as BlackBerry, unveiled its latest set of handsets today that run its latest BlackBerry 10 operating system. The crowd present at the launch event were excited about the product, but investors were less than impressed.

    RIM’s share price was at a little over $16 this morning before the BlackBerry 10 handsets were unveiled. After the unveiling, there was a substantial drop to $14.44. Shortly after, the share price climbed a little to only drop again to $14.25. Since then, it’s been steadily decreasing with its share price now at a little under $14, or a drop of 11 percent.

    So, what happened? A new product launch is usually something to celebrate, but the response from investors has obviously been less than positive. Speaking to Yahoo Finance, Dave Garrity of GVA Research says that RIM’s renewed focus as a smaller company may not help in the end as “the list of businesses which ‘successfully shrunk themselves to prosperity’ is short.”

    It also seems that many investors were not thrilled with CEO Thorsten Heins performance on stage this morning. The scripted event did little to sell any of them on the future of BlackBerry 10 as Heins’ excitement for the product rang hollow.

    RIM needs to boost investor confidence with its latest product, and it hasn’t exactly done that during this first impression. It’s important to remember, however, that today is just that – a first impression. Investors might change their tune once the phone gets in the hands of consumers around the world. It might even end up being more of a success than anybody could have hoped. We’ll all just have to wait and see.

    If you need to catch up on all the BlackBerry 10 news of today, check out our extensive coverage here.

  • Kim K. On Kimmel: Baby Won’t Be On T.V.

    Kim Kardashian dropped a bombshell on Tuesday night when talking to Jimmy Kimmel about baby Kimye and whether he/she will appear on “Keeping Up With The Kardashians”. The answer is a big fat “No.”

    “I love seeing [Kourtney’s kids], Mason and Penelope on TV [and] Mason is the highlight of our show, I think. It’s a tough decision [but] as of now, that’s just a personal choice that Kanye and I have made…We’re going to try to keep it as private as possible.”

    Shock me, shock me, shock me, Kim! One would have thought that Kris Jenner would demand she let that baby star on the show to bring in curious viewers, but maybe Kanye is putting his foot down.

    “When he or she decides that’s what they want to do, then that will be a decision,” Kim said.

    Ahhh, there it is. They’re going to let the kid decide when he/she is older. How long does she expect “Keeping Up With The Kardashians” to be on the air, anyway?

  • Twitter Expands Tweet Pages to Include More Replies (and Replies to Replies)

    Twitter has just made an improvement to individual tweet pages that, to be honest, has been a long time coming. Now, users can scroll thorough every single reply made to a tweet, even if that tweet garnered dozens and dozens of replies.

    Before, any single tweet page would only contain a handful of replies – even if the tweet received tons more. Starting today, you can simply keep scrolling down to see all replies.

    Not only that, but you can also click each reply to see the replies to those original replies.

    As Twitter points out, this functionality is especially useful when a popular user with tons of followers posts a tweets that asks for replies. Take for instance this tweet from Jimmy Fallon, who asked users to tweet embarrassing admissions with a particular hashtag.

    You can now keep scrolling down to see more replies that you could before:

  • Top Hooker TV Series to Air on Animal Planet

    The producers of the reality show The Ultimate Fighter are bringing a new reality series to TV called Top Hooker.

    It’s not what you may be thinking – reality TV hasn’t quite stooped that low. Yet.

    The producers have gathered “America’s best and boldest fishermen to take on Animal Planet’s extreme fishing competition.” The show will air on the Animal Planet channel. From last year’s casting call:

    On this brand new TV show, you and a handful of daring fishing enthusiasts will tackle exciting and intense challenges on America’s rivers, lakes, streams and even the open ocean. Are you ready for adventure?

    We are looking for competitive, outgoing, and skilled anglers, spear fishermen, game fishermen, fly fishermen, trawlers and trappers from all walks of life. It doesn’t matter if your experience is commercial, sport or recreational. As long as you’re skilled, adaptable, and confident enough to take on anything we throw at you, you could win a big grand prize and the title of Animal Planet’s first Top Hooker.

    So, the real Top Hooker isn’t likely to be as interesting as a different sort of Top Hooker might be. However, the world is probably better off with the reality TV show America’s Next Top Hooker remaining only a dark parody from the video game Grand Theft Auto IV.

  • Artist Hides $12K In Gallery, Insists It’s No Hoax

    It takes a veritable perfect storm of factors for an artist to become successful enough to make what they love to do the thing that brings in a paycheck; trust me, I know. More than talent alone, it also takes some excellent marketing skills and knowing your way around the business. And while there are many, many successful working artists out there today, there are many more who classify themselves as “starving”.

    One artist in London may be just that if someone finds the blank check he hid somewhere in the Milton Keynes Gallery, and he says he’s ready to face the consequences of the stunt.

    Tomas Georgeson says he made out a check for $12,000 and left the “To” line blank, then stashed it somewhere in the building in an effort to bring patrons into the gallery. If someone does find it, he’ll essentially be broke, but he says it will be worth it.

    “You can’t just implant culture in a city and expect it to thrive,” Georgeson says. “It seems it’s the time for culture to come to Milton Keynes.”

    While some of those who are familiar with the gallery think it’s a hoax–the building is cube shaped and there aren’t many hiding places–Georgeson insists this is the real deal. The only catch? If the check hasn’t been found by March 1st, it will be collected and taken off the table.

  • Homeland RPG: Car Sex, PTSD Rage Punches, Claire Danes Cry Face, and More

    It seems like everything is getting the retro treatment these days – popular TV shows included. Today’s latest 16-bit-it project is Showtime’s hit drama Homeland.

    The concept RPG, courtesy of CollegeHumor, starts off my letting you pump up your favorite characters’ attributes. Saul Berenson: Wisdom +10, Beard +10. Carrie Mathison: Sanity +1 (should probably be a bit lower).

    From there we take an entertaining journey through Claire Danes’ cry face, PTSD rage punches, awkward car sex, and much much more. Spoilers lurk, if you haven’t ever seen an episode of the show.

    [via College Humor]

  • Leonid Gaidai Gets Google Doodle Tribute

    Google is running a doodle on its home page in Russia, honoring comedy director Leonid Gaidai.

    “We (along with Thus, Balbes and Byvalyi) wish a happy 90th to Russian director #LeonidGaidi,” Google tweeted through its Doodles account.

    Gaidai directed 23 titles including a handful of short films, according to IMDB. He’s credited as a writer on 17 titles. He also acted in titles.

    Here’s what Google’s English version of his Knowledge Panel looks like (he has one in Russian as well):

    Leonid Gaidai

    More recent Google Doodles here.

  • Call of Duty: Black Ops II Gets Twitch Streaming

    TwitchTV, the popular video gaming streaming website, today announced that players will soon be able to stream their Call of Duty: Black Ops II gameplay directly to their Twitch channel using the in-game streaming option. The feature is available today on the Xbox 360 version of the game, and is “coming soon” to the PlayStation 3 and PC).

    Black Ops II was the first Call of Duty game to launch with a live-streaming feature. The game previously allowed players to stream their gameplay directly to YouTube.

    The new Twitch streaming options will include a webcam feature that uses the Xbox Kinect to provide a picture-in-picture view of players. Gamers can also automatically share their live stream via Facebook or Twitter posts.

    TwitchTV is the gaming subsidiary of JustinTV. The website has grown steadily over the past year, and received $15 million in venture capital funding in September 2012. The site has become one of the most popular broadcasters of eSports programming.

  • WellPoint Leads $11 Mln Round for Linkwell Health

    Linkwell Health said Wednesday it raised $11 million in Series C funding led by WellPoint. Existing investors Spark Capital and HLM Venture Partners also participated in the round. New York-based Linkwell develops health and wellness consumer engagement platforms.

    PRESS RELEASE

    Linkwell Health, an innovative developer of health and wellness consumer engagement platforms, today announced that the company has raised $11 million in Series C funding led by WellPoint (NYSE: WLP), the nation’s leading health benefits company. Existing investors Spark Capital and HLM Venture Partners also participated in the round. With a unique model of consumer engagement that brings together health plans, better-for-you brands and retailers, Linkwell Health will use this new round to extend the breadth and reach of its platform to consumers across multiple channels.
    PR Newswire (http://s.tt/1z8TC)

    Linkwell Health’s unique distribution platform reaches the members of 22 major health plans, including Humana, Health Net, and WellPoint. The 100 million members of these health plans receive valuable content through their health plan websites, email, mobile apps and direct mail. In addition to this content, members gain access to coupons for better-for-you products. This combination of useful content with high-value coupons is empowering consumers to make better health decisions, while saving them time and money. Meanwhile, the better-for-you brands offering these coupons – such as such as Kellogg’s, Campbell’s, Unilever and Proctor & Gamble – are achieving higher trial and repeat purchase habits than competitive media in the marketplace.
    “There is no question that consumers want help in getting healthier, and Linkwell Health is making that happen with an innovative platform and top-tier partners,” said Linkwell Health CEO Gregg Michaelson . “The company’s market momentum combined with this new round of funding, which includes support from the nation’s leading health benefits company, will give Linkwell Health the fuel to bring consumer engagement to the next level.”
    “Linkwell Health is inspiring a self-improvement revolution,” said Spark Capital General Partner Alex Finkelstein. “They already have an extraordinary distribution network anchored by the top health plans and work with major consumer brands. The company’s unique model to wellness is gaining impressive traction with both consumers and health care businesses, and we are excited for what the future holds.”
    About Linkwell Health
    Linkwell Health (www.linkwellhealth.com) develops proven engagement programs to improve the health and wellness of Americans. The company links together health plans, better-for-you brands and retailers to encourage positive lifestyle change through simple approaches. Linkwell Health creates customized, turnkey incentive and guidance programs for health plans to distribute to their members. Targeted offers and online solutions make it easier and more affordable for members to choose healthier options.
    About WellPoint
    At WellPoint, we believe there is an important connection between our members’ health and well-being—and the value we bring our customers and shareholders. So each day we work to improve the health of our members and their communities. And, we can make a real difference since we have more than 33 million people in our branded health plans, and approximately 64 million people served through our subsidiaries. As an independent licensee of the Blue Cross and Blue Shield Association, WellPoint serves members as the Blue Cross licensee for California; the Blue Cross and Blue Shield licensee for Colorado, Connecticut, Georgia, Indiana, Kentucky, Maine, Missouri (excluding 30 counties in the Kansas City area), Nevada, New Hampshire, New York (as the Blue Cross Blue Shield licensee in 10 New York City metropolitan and surrounding counties and as the Blue Cross or Blue Cross Blue Shield licensee in selected upstate counties only), Ohio, Virginia (excluding the Northern Virginia suburbs of Washington, D.C.), and Wisconsin. In a majority of these service areas, WellPoint’s plans do business as Anthem Blue Cross, Anthem Blue Cross and Blue Shield, Blue Cross and Blue Shield of Georgia and Empire Blue Cross Blue Shield, or Empire Blue Cross (in the New York service areas). WellPoint also serves customers throughout the country as UniCare and in certain California, Arizona and Nevada markets through our CareMore subsidiary. Our 1-800 CONTACTS, Inc. subsidiary offers customers online sales of contact lenses, eyeglasses and other ocular products. Additional information about WellPoint is available at www.wellpoint.com
    About Spark Capital
    Founded in 2005, Spark Capital is a tight-knit group of partners managing approximately $1,000,000,000 across three funds. Spark invests across a number of key market segments including: advertising & monetization, commerce & services, cloud & infrastructure, social, mobile and content. Spark’s portfolio includes companies such as Twitter, Tumblr, Foursquare, AdMeld, OMGPOP, ThePlatform and 5Min. The Spark team has previously backed notable companies such as Akamai Technologies, Qtera, Aether Systems and Novatel Wireless.
    www.sparkcapital.com
    About HLM Venture Partners
    HLM Venture Partners is a leading venture capital health care investor, having provided over $400 million in capital to some of the most dynamic, innovative companies. With offices in Boston and San Francisco, HLM is focused on building sustainable companies and profitable exits—benefiting both entrepreneurs and investors. HLM is uniquely positioned to provide insightful guidance on a range of health care industry issues. Longstanding relationships with the senior leadership of some of the country’s largest and most innovative health care organizations enables HLM to provide practical, actionable and meaningful advice and introductions. Emerging health care companies rely on the expertise of HLM Venture Partners with a depth of health care industry knowledge that is unmatched.

    http://www.hlmvp.com

    PR Newswire (http://s.tt/1z8TC)

  • Israel Cleantech Fund II Closes at $74 Mln

    Israel Cleantech Ventures said Wednesday it has closed its second fund with just above $74 million in commitments. Investors include institutional investors, multi-national corporations and family offices. The fund will invest in Israeli based or Israel related high growth, clean technology, early and growth stage companies.

    PRESS RELASE

    Israel Cleantech Ventures (ICV) today announced the final closing of its second fund with just above $74 million in commitments. Having raised its debut fund in 2007, ICV now has approximately $150 million under management.

    ICV’s second fund has attracted an impressive list of new limited partners, including institutional investors, multi-national corporations and family offices. Many of its existing LPs also re-upped from the previous fund.

    The fund is managed by partners Jack Levy, Meir Ukeles and Glen Schwaber working together with a team of venture partners – all industry veterans – led by Arnon Goldfarb, with nearly two decades of experience at Israel Chemicals and five years as CEO of a leading water infrastructure company. This very same team has been together since ICV was established and has provided consistently stable fund management.

    The firm will continue its strategy of investing in Israeli based or Israel related high growth, clean technology, early and growth stage companies. To date, it has invested in 15 companies and seeks opportunities across diverse cleantech sectors including clean materials, wastewater treatment, alternative energy generation, energy storage & efficiency, green building, smart grid, process efficiency technologies and sustainable agriculture.

    “With the successful raising of our second fund, ICV has further solidified its position as Israel’s leading specialist cleantech fund and we are able to take advantage of the ever-strengthening cleantech dealflow emanating from this country,” said Glen Schwaber, general partner of Israel Cleantech Ventures. “Our goal is to see all the relevant deal flow in Israel and to seek out the strongest entrepreneurs, with great technology, innovative business models and high-growth market opportunities. We will continue our strategy of working closely with our entrepreneurs to provide the support necessary and to add value, from the time we invest through the life of the company.”

    Meir Ukeles, co-founder and general partner continued; “Our expanded and diversified investor base in ICV II reflects our strong market presence, with investors seeking a trusted partner to look at the innovation coming out of Israel’s cleantech sector and its potential to meet global market demands and current technological challenges. When we first started out in 2006, our database held approximately 120 companies mostly in seed and early stage and there was effectively no VC money available for cleantech in Israel. Fast forward to today and dozens of global funds have invested in approximately 150 deals in Israel and our database now holds over 1,300 opportunities. We look forward to building a strong portfolio for our second fund in the coming years.”

    Rob Day, Partner at Black Coral Capital, an investor in both ICV funds stated; “Cleantech venture capital has legitimately taken some hard knocks over the past few years. For ICV to successfully raise a second fund in this environment is a testament to the ultimate promise of their portfolio and the strength of their team. Our current energy/resource scheme is unsustainable. Entrepreneurs smart enough to develop solutions to solve this problem and venture capitalists smart and risk-loving enough to back them will end up making phenomenal financial returns. We believe ICV is exceptionally well-placed to capitalize on the Israeli cleantech opportunity.”

    About Israel Cleantech Ventures

    Established in 2006, Israel Cleantech Ventures (ICV) is the leading venture capital firm dedicated to providing value added growth capital to exceptional entrepreneurs building Israel’s energy, water and environmental technology leaders. ICV currently manages $150M in two funds, has completed 15 investments and seeks opportunities across diverse cleantech sectors, including clean materials, wastewater treatment, alternative energy generation, energy storage & efficiency, green building, smart grid, process efficiency technologies, sustainable agriculture and in technologies that enable existing industries to work in a more efficient and environmentally friendly manner.

    ICV’s investment professionals combine industry expertise gained through decades in senior management positions at Israel’s outstanding cleantech companies, with proven abilities in identifying, investing in and supporting VC-backed companies.

    ICV funds are backed by leading institutional investors, multi-national corporations and family offices in Europe, the US and Israel.

  • UCLA findings buck conventional wisdom about how stress-response protein works

    UCLA researchers, in a finding that runs counter to conventional wisdom, have discovered for the first time that a gene thought to express a stress-response protein in all cells that come under stress instead expresses the protein only in specific cell types.
     
    The research team, from the Jules Stein Eye Institute at UCLA and the UCLA Division of Pulmonary and Critical Care Medicine, focused on αB-Crystallin, one of a class of molecules known as heat shock proteins, which are involved in the folding and unfolding of other proteins, helping them recover from stress so they can do their job.
     
    The expression of heat shock proteins is increased when cells are exposed to taxing environmental conditions, such as infection, inflammation, exercise, exposure to toxins and other stressors.
     
    The heat shock protein αB-Crystallin may be associated with certain cancers and could be developed into a biomarker to monitor for diseases such as multiple sclerosis, age-related macular degeneration, heart-muscle degeneration and clouding of the eye lens. Any discoveries about how this protein is regulated and its molecular biology may reveal potential targets for novel therapies, said the study’s first author, Zhe Jing, a research associate in the UCLA Division of Pulmonary and Critical Care Medicine.
     
    “If you use a certain cell type, this protein can be induced when the cells are stressed, but that doesn’t happen in a different cell type,” Jing said. “This novel finding does conflict with what has been thought — that this protein could be induced in any cell type.”
     
    The findings of the two-year study are published in the current issue of the journal Cell Stress and Chaperones, a peer-reviewed journal for research on cell stress response.
     
    The UCLA team did the study using four cell lines — two epithelial cells lines and two fibroblast cells lines. They found that αB-Crystallin cannot be induced by stress in epithelial cells, in which 80 percent of cancers arise. It can, however, be induced in fibroblasts, which make up muscle tissue.
     
    Heat shock transcription factors activate the genes that control the expression of heat shock proteins in cells. In the past, data had indicated that any heat shock factor could control the expression of αB-Crystallin randomly and equally.
     
    However, in the most significant finding from this investigation, researchers discovered that in certain cell types, only one specific heat shock factor controls the expression of αB-Crystallin. For example, in the epithelial cell lines, it is heat shock factor 4 (HSF4), while a different heat shock factor, HSF1, plays this role in the fibroblast cells lines.
     
    Jing’s findings strongly suggest that αB-Crystallin’s “preference” for certain heat shock factors in certain cells may be related to its role in various diseases.
     
    “Considering the multiple roles of αB-Crystallin in so many diseases, the access of the HSF1 and HSF4 to the αB-Crystallin gene dictated by the certain cell type may be what is helping to cause certain diseases,” Jing said. “If we can uncover the cascade of events that result in disease, we may be able to come up with strategies to block or interrupt that cascade.”
     
    Going forward, Jing and the research team will validate what they found in this study by examining single cells, which provides a greater challenge but may lead to further discoveries.
     
    The research was funded by the National Institutes of Health.
     
    For more news, visit the UCLA Newsroom and follow us on Twitter.

  • Google Adds New Measurement Features To AdWords For Video

    Google announced the launch of several new measurement features for AdWords for Video designed to bring some consistency among video ad reporting and other forms of media.

    One of the features is Reach & Frequency reporting. AdWords For Video will now show you reach and frequency metrics in the campaign reporting interface.

    “These metrics give you more insight into how many unique viewers have seen your ad and the average number of times they’ve seen it, helping you better measure against other media such as TV,” says YouTube product manager David Tattersall. “To view these metrics on a campaign, ad or targeting group level, just click on Columns >> Customize Columns and look under the Performance section.”

    AdWords For Video measurement

    There’s also a new Column Sets feature, which groups metrics by marketing objective. If you select Branding, you can see how broadly a video has been viewed, with unique viewer average view frequency and average impression frequency data. If you choose Website Traffic and Conversions, you can see website traffic, number of conversions, cost-per-conversion and conversion rate. If you select Audience, you can see follow-on subscribers and follow-on views. If you pick Views, you can see follow-on views and unique viewers.

    There’s also a new GeoMap feature if you click “Map View”.

  • Office 2013 and 365 make inauspicious Windows Store debuts

    In case you have not yet had your fill of Microsoft Office news then here is one more tidbit for you. The productivity suite, which launched yesterday, is now available in the Windows Store, which is really the Windows 8 Store, since it is not available on any other platform. Before you get too excited, let me temper your enthusiasm.

    Yes, we already knew there was not going to be a “Modern UI” version of the latest Office — known collectively, and confusingly, as Office 2013/Office 365/Office 15. Still, the debut in the Windows Store strikes one as an especially lame attempt. You see, FINDING the app in the store, does not mean you can GET it in the store.

    Once you actually locate the app (not any easy process), you are rewarded with a link that auto-switches you to the Desktop and opens a browser tab to the Office purchase page. Seriously. These days it is all about ease of use, and this is NOT it. Clicking a link and expecting to get an app, only to be suddenly whisked away to another location on your computer is not my idea of user-friendly. Microsoft did not think this one through, and the price is a bad experience for customers.

    Well, I suppose the good news is that the suite is listed in the Store. However, the company could not have made the process of getting it any crazier if it tried. Yesterday, all of this looked promising. I thought that Microsoft had done Office right. But I was too quick to judge, because it was only a matter of time before it would flub something.