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<title>Haaze.com / Preemefcrodo / Published News</title>
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<pubDate>Thu, 02 Jun 2011 07:10:49 +0000</pubDate>
<language>en</language>
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<title><![CDATA[Volvo tests flywheel tech to increase fuel economy]]></title>
<link>http://www.haaze.com/story.php?title=volvo-tests-flywheel-tech-to-increase-fuel-economy</link>
<comments>http://www.haaze.com/story.php?title=volvo-tests-flywheel-tech-to-increase-fuel-economy</comments>
<pubDate>Thu, 02 Jun 2011 07:10:49 +0000</pubDate>
<dc:creator>Preemefcrodo</dc:creator>
<category>Eco</category>
<guid>http://www.haaze.com/story.php?title=volvo-tests-flywheel-tech-to-increase-fuel-economy</guid>
<description><![CDATA[Volvo attaches a flywheel through a continuously variable transmission to reduce fuel consumption.(Credit:Volvo)Ferrari, Renault, BMW, and McLaren have all used kinetic energy recovery systems (KERS) in F1 racing. Now Volvo wants to bring the technology to roadcars.Volvo received a grant from the Swedish government to develop a flywheel-based KERS, and will begin testing it on public roads later this year. The first production Volvos employing this system could become available by 2013.Similar to a hybrid electric system, KERS stores braking energy, reapplying it to the wheels when the driver calls for acceleration. But Volvo's flywheel system doesn't need batteries. Instead, Volvo fits the flywheel to the rear axle of the car. As the driver brakes, the flywheel spins up, storing the car's forward momentum. A continuously variable transmission connects the rear axle to the flywheel. When the driver accelerates, the flywheel slows as the transmission sends its energy to the rear wheels.Volvo uses a carbon fiber flywheel in a vacuum sealed housing.(Credit:Volvo)Volvo tested a flywheel system in the 1980s, but found the steel flywheel was too heavy, reducing its efficacy. In the new system, Volvo uses a carbon fiber flywheel weighing 13 pounds. It sits in a vacuum sealed housing to reduce friction, and spins at up to 60,000 rpm, churning out 80 horsepower.Using a front-wheel-drive car, Volvo's KERS lets the engine shut down when the driver hits the brakes. The engine remains stopped as the car sits at a stop light. When the driver accelerates, KERS provides the initial power, with the gas engine coming back online for power once the flywheel depletes its energy.Volvo says a car fitted with KERS could leave its engine off for half the time it drives in start-stop or city traffic, cutting fuel consumption by 20 percent. Brake pads would also wear less as the flywheel absorbs the majority of a car's forward motion.<br/><br/>0 Vote(s) ]]></description>
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<title><![CDATA[Overheating, radiation troubles mount at Japan reactors]]></title>
<link>http://www.haaze.com/story.php?title=overheating-radiation-troubles-mount-at-japan-reactors</link>
<comments>http://www.haaze.com/story.php?title=overheating-radiation-troubles-mount-at-japan-reactors</comments>
<pubDate>Wed, 16 Mar 2011 07:12:20 +0000</pubDate>
<dc:creator>Preemefcrodo</dc:creator>
<category>Eco</category>
<guid>http://www.haaze.com/story.php?title=overheating-radiation-troubles-mount-at-japan-reactors</guid>
<description><![CDATA[This illustration, based on GeoEye satellite photo viewed through Google Earth, shows the locations of the six Fukushima Daiichi nuclear reactors. The reactors are about 140 miles northeast of Tokyo.(Credit:Photo from Google and GeoEye' graphic by Stephen Shankland/CNET)Problems are cascading at a Japanese power plant, where explosions and fires are making it dangerous for workers to try to keep new overheating problems in check.The Fukushima Daiichi plant on the northeast coast of Japan, with six reactors, was damaged by last week's magnitude 9.0 earthquake and resulting tsunamis. When the natural disaster struck, reactors 1, 2, and 3 were running and units 4, 5, and 6 were shut down for a regular inspection.The first overt problems appeared at the three operating reactors, where heat remains an issue even though control rods were automatically inserted to stop the nuclear reaction when the quake struck. Now, though, troubles are spreading to the other reactors, leading to an unusual but aborted attempt to cool nuclear fuel by dumping water from a helicopter today.And those troubles are spreading to the workers and potentially to others, because fires and hot-gas venting release radiation to the environment. Overheating can lead to a meltdown, in which the nuclear fuel gets so hot it melts, possibly breaching containment mechanisms.Here's how the problem escalated, according to accounts from the Tokyo Electric Power Co. (Tepco), which runs the plant, and the International Atomic Energy Agency (IAEA), which oversees nuclear issues for the United Nations.On Friday, the earthquake and tsunami knocked out the site's main electrical power supply and backup generators, making it hard to cool the nuclear fuel rods in the reactors and the cooling ponds nearby.On Saturday, an explosion from a buildup of hydrogen gas damaged the building around reactor 1. The explosion didn't breach the containment vessel around the reactor itself within the building, however. On Monday, a second similar explosion occurred at reactor 3. To try to keep the reactors cool, the operators started pumping seawater into the reactors, a last-ditch measure.On Tuesday, the water level in reactor 2 couldn't be kept up, and it too suffered an explosion even though workers had begun pumping seawater into it on Monday. This explosion, at 6:14 a.m. local time, was more serious: it damaged the reactor's primary containment vessel.Bad went to worse at 8:54 a.m., when a two-hour fire began at reactor 4. &quot;The spent fuel storage pond at the unit 4 reactor of the Fukushima Daiichi nuclear power plant is on fire and radioactivity is being released directly into the atmosphere,&quot; the IAEA said. The reactor's fuel had been unloaded during the inspection and stored in the fuel pond.There had been much smaller releases of radiation from earlier events, for example when workers vented air to relieve pressure, but this fire was much more serious. At one point on Tuesday, the radiation level was at a dose of 400 millisieverts per hour between reactors 3 and 4, the IAEA said. For comparison, the annual dose limit for workers in Japan is 50 millisieverts per year. An emergency level permitted 100 millisieverts per year, but that's been raised to 250 millisieverts per year, according to information from Japan's Ministry of Education, Culture, Sports, Science, and Technology. A chest X-ray has a dose of about 0.2 millisieverts, and the average person gets a dose of about 2.4 millisieverts per year from natural sources such as radon and cosmic rays, according to the IAEA.By early this morning, radiation levels had dropped to a dose rate of 0.6 millisieverts per hour. An evacuation of residents within 20 kilometers of the Fukushima Daiichi plant already had begun, and it was finished Tuesday. With the new events, the Japanese government also advised people living within 30 kilometers to stay indoors.At the plant itself, most workers were evacuated. The New York Times shows the harrowing lives the remaining 50 employees lead trying to deal with the power plant's problems, though their plight eased somewhat when dropping radiation levels permitted 50 people to return.Today, workers focused attention on reactor 3, which is fueled with a combination of plutonium and uranium oxides. The reactor was emitting steam, leading authorities to believe the containment vessel had ruptured.To try to cool fuel at the spent-fuel pools at reactors 3 and 4, personnel in a military helicopter tried dropping water from a helicopter, according to mediareports. That didn't work, apparently because of concerns about flying the helicopter in the radioactive steam. (Al Jazeera English has footage of the helicopter cooling attempt. See the video embedded below.) Another plan is to spray water from ground positions onto the hot spots.Reactor 4 doesn't appear to be the only one that's got problems despite being shut down. The water level at reactor 5 also is dropping, down to a level 201cm above the top of the stored fuel rods by 9 p.m. local time Tuesday, the IAEA said. That was a 40cm drop from five hours earlier.To deal with the situation, plant operators planned to use a diesel generator at reactor 6 to pump in new water. Reactors 5 and 6 were still loaded with fuel during the inspection.The situation has undermined a renaissance of the nuclear energy industry. And with the world's eyes upon the nuclear plant's crisis, a new tone came to Tepco's ordinarily terse, bare-facts reports. In one report Wednesday, Tepco said:&quot;We are aware of and sincerely apologize for the great distress and inconvenience this incident has caused to not just those inhabitants residing in the immediate vicinity but also society at large.&quot;<br/><br/>0 Vote(s) ]]></description>
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<title><![CDATA[Fixed Intel chip to ship in mid-February]]></title>
<link>http://www.haaze.com/story.php?title=fixed-intel-chip-to-ship-in-mid-february</link>
<comments>http://www.haaze.com/story.php?title=fixed-intel-chip-to-ship-in-mid-february</comments>
<pubDate>Mon, 07 Feb 2011 08:10:10 +0000</pubDate>
<dc:creator>Preemefcrodo</dc:creator>
<category>Mobile &amp; Electronics</category>
<guid>http://www.haaze.com/story.php?title=fixed-intel-chip-to-ship-in-mid-february</guid>
<description><![CDATA[Intel said today it would begin shipments of fixed Sandy Bridge chipsets in mid-February. The chipmaker announced a week ago that it had stopped shipments of the &quot;Cougar Point&quot;--aka, the Intel 6 series--chipset that accompanies its second-generation Intel Core (&quot;Sandy Bridge&quot;) processor owing to a flaw that can affect, in a small percentage of systems, access to a hard-disk drive, optical drive, or other device that connects to a computer using SATA technology. &quot;Intel has started manufacturing on a new version of this support chip. Intel now expects to begin shipping the new parts in mid-February,&quot; Intel said today. The chipmaker also said that after &quot;extensive discussions with computer makers...Intel is resuming shipments of the Intel 6 Series Chipset for use only in PC system configurations that are not impacted by the design issue.&quot; &quot;Several customers [PC makers] still wanted to buy the current [not fixed] version of the Cougar Point chipset to continue Sandy Bridge sales. They will work closely with Intel to ensure 'known good' configs,&quot; an Intel spokesman said in an e-mail. The issue affects SATA ports 2 through 5, not ports 0 and 1. Therefore, some laptops, which use only those two &quot;good&quot; ports, for example, would not be affected, according to Intel. In more technical terms, the affected ports 2 through 5 are 3 gigabit-per-second (Gbps) SATA 2 ports. The &quot;good&quot; (0 and 1) ports are 6Gbps SATA 3 ports. In a small percentage of systems performance degradation may occur on the &quot;bad&quot; ports. The glitch caught the PC industry and retail channel by surprise. PC makers and retailers, who were just beginning to transition their laptop and desktop lineups to systems based on the Sandy Bridge processor, had to bring sales to an abrupt halt last week. Retailers like Best Buy had been literally pulling Sandy Bridge systems off the shelves, while PC makers such as Hewlett-Packard had pushed out shipment dates for the first Sandy Bridge laptops until March. PC makers are eager to ship systems with the latest Intel processor because it offers improved power efficiency and better performance. In particular, it speeds up gaming graphics and multimedia tasks at virtually no extra cost because the graphics silicon is built directly onto the main processor--a first for an Intel mainstream chip. And a highly-anticipated Sandy Bridge update for Apple's MacBook line is also due. A prolonged delay due to the glitch had the potential for thwarting Apple's plans. But with Intel's updated schedule of mid-February for fixed chipset shipments, consumers can rest easy that delays will be relatively brief and painless, according to Intel. Luckily, Sandy Bridge is a new processor line and Intel was able to catch the glitch in the chipset early. And on another serendipitous note, most of the systems with the flawed chipset had been shipping in relatively small numbers, as they were not mass-market but rather pricey, high-end PCs that relatively few people would buy. Updated at 2:50 p.m. PT and again at 4:15 p.m.throughout. <br/><br/>0 Vote(s) ]]></description>
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<title><![CDATA[Malware in fake White House e-card steals data]]></title>
<link>http://www.haaze.com/story.php?title=malware-in-fake-white-house-e-card-steals-data</link>
<comments>http://www.haaze.com/story.php?title=malware-in-fake-white-house-e-card-steals-data</comments>
<pubDate>Wed, 05 Jan 2011 08:10:28 +0000</pubDate>
<dc:creator>Preemefcrodo</dc:creator>
<category>Technology</category>
<guid>http://www.haaze.com/story.php?title=malware-in-fake-white-house-e-card-steals-data</guid>
<description><![CDATA[An e-mail sent to an unknown number of government employees and contractors two days before Christmas appeared to be a holiday greeting from the White House but instead hid malware that stole data. The innocent-looking holiday e-greeting prompted recipients to click to view the card, but when the file was opened, malware known as &quot;Zeus&quot; was downloaded to the computer, according to reports. Zeus is known as a banking Trojan horse designed to steal passwords and online credentials, mostly for financial fraud.  The Department of Homeland Security is &quot;aware of and monitoring the situation,&quot; spokeswoman Amy Kudwa told CNET today.  In this attack, PDFs, as well as Microsoft Word and Excel documents, were stolen and surreptitiously uploaded to a server in Belarus, according to the Krebs on Security blog, which reported the attack earlier this week.  More than 2 gigabytes of data were stolen from dozens of victims, who included workers at the National Science Foundation's Office of Cyber Infrastructure, the Financial Action Task Force, the Massachusetts State Police, and the Moroccan government's Ministry of Industry, Commerce and New Technologies, the blog reported. It's unclear who is behind the attack and exactly what the motivation was, said Alex Cox, principal research analyst at NetWitness. Documents from .gov, .mil, and government contractor computers would be appealing to many in the underground, but the latest attack could have been just an intelligence-gathering mission to improve the chances of success in a future attack, he said. A similar attack using the same Zeus malware and social engineering happened about a year ago targeting a broader group of Fortune 500 companies and U.S. and foreig government agencies, according to Cox. &quot;As we found in our Q3 malware research report, government organizations are being increasingly targeted by Web malware attacks,&quot; Neil Daswani, chief technology officer at anti-malware services provider Dasient, told CNET. &quot;In the Whitehouse.gov e-card incidents, we also saw significant, continued use of social engineering, and it just shows that no one is immune--even employees with top-secret clearance and those who work on cybersecurity fell for the attack.&quot; Updated at 2:15 p.m. PDTwith DHS and NetWitness comment.<br/><br/>0 Vote(s) ]]></description>
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<title><![CDATA[Mobile industry group wants new privacy rules]]></title>
<link>http://www.haaze.com/story.php?title=mobile-industry-group-wants-new-privacy-rules</link>
<comments>http://www.haaze.com/story.php?title=mobile-industry-group-wants-new-privacy-rules</comments>
<pubDate>Tue, 21 Dec 2010 08:10:30 +0000</pubDate>
<dc:creator>Preemefcrodo</dc:creator>
<category>Technology</category>
<guid>http://www.haaze.com/story.php?title=mobile-industry-group-wants-new-privacy-rules</guid>
<description><![CDATA[A trade group for the mobile-phone industry is calling for new privacy guidelines to help address consumer complaints over how and what information is gathered through mobile apps.Made up of mobile advertisers, publishers, and media companies, the Mobile Marketing Association said yesterday that it's working on a new set of privacy guidelines to supplement its current Global Code of Conduct. Created in 2008, the Code of Conduct established that mobile marketers must ensure that consumers can opt in and out of ads and that information gathered through ads be used responsibly.But with ongoing concerns about online privacy, the MMA said it wants consumers to have a more transparent view of the process of information gathering and a better understanding of how that information is being used. Toward that end, the MMA is calling on more companies to join its privacy committee, which sets up certain guidelines for online data collection. The group also intends to discuss the issue of online privacy at its upcoming Consumer Best Practices meeting on January 25 and 26.&quot;The launch of this initiative shows the MMA's and Mobile Industry's ongoing commitment to the importance of consumer transparency with regards to privacy issues and data collection,&quot; Greg Stuart, Global CEO of the MMA, said in a statement. &quot;The industry recognizes that in order for marketers and publishers to responsibly and sustainably engage consumers through and with the mobile channel, we need to continuously update how we address the collection, management, and use of personal data or related consumer information.&quot;Always an ongoing issue, online privacy once again found itself in the news recently. The Wall Street Journal on Saturday ran a story in which it discovered that some mobile apps send certain information, such as the phone's location, to third-party companies without the user's consent or knowledge. Responding to the Journal's findings, Stuart told the paper that the report &quot;shone a light on issues the [MMA's] committee will need to address.&quot;The government is also getting involved in the issue, another factor that's likely spurring the MMA to act. Earlier this month, the Federal Trade Commission released a report on online privacy in which it discussed the idea of a &quot;do not track&quot; for the Web policy, similar to the current &quot;do not call&quot; list that bans telemarketers from calling people.The creation and maintenance of such a list for the Web would be difficult to implement, though, one reason why some in Washington want to see the industry do a better job of self-regulation. Stopping short of calling for new regulations on mobile advertisers, FTC Chairman Jon Leibowitz said during the launch of the report that &quot;we're going to give these companies a little time, but we'd like to see them work a lot faster.&quot;<br/><br/>0 Vote(s) ]]></description>
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<title><![CDATA[HP shuffles board, gives seats to Meg Whitman and Patricia Russo]]></title>
<link>http://www.haaze.com/story.php?title=hp-shuffles-board-gives-seats-to-meg-whitman-and-patricia-russo</link>
<comments>http://www.haaze.com/story.php?title=hp-shuffles-board-gives-seats-to-meg-whitman-and-patricia-russo</comments>
<pubDate>Mon, 30 Nov -001 00:00:00 +0000</pubDate>
<dc:creator>Preemefcrodo</dc:creator>
<category>Latest News</category>
<guid>http://www.haaze.com/story.php?title=hp-shuffles-board-gives-seats-to-meg-whitman-and-patricia-russo</guid>
<description><![CDATA[Hewlett-Packard is remaking its board of directors today. It seems to happen as regularly as forest fires that clear out the underbrush and let it all grow back. The company named five new directors and is losing four who were known to be supportive of former chief executive Mark Hurd, who was ousted in August.Former eBay chief executive Meg Whitman is joining the HP board, as is former Alcatel-Lucent chief Patricia Russo.The move is likely aimed at consolidating support around new CEO Leo Apotheker, who replaced Hurd (Hurd was fired after the board lost confidence in him in a sexual harassment scandal). Such changes are like earthquakes at HP, which is the world&amp;'s largest technology company. And when the ground shakes under HP, the whole tech world trembles.The changes also reflect the wishes of Ray Lane, the new chairman of HP. He said that the debate over firing Hurd &amp;''took a lot out of this board,&amp;'' according to the Wall Street Journal. The four departing board members &amp;8212' Joel Hyatt, John Joyce, Robert Ryan, and Lucille Salhany &amp;8212' volunteered to go, Lane said. Ryan and Salhany oversaw the investigation of Hurd, who was found to have misstated expenses and concealed private meetings with a marketing contractor. The board took a lot of heat for firing Hurd for that transgression, and Oracle CEO Larry Ellison, who later hired Hurd, said HP&amp;'s move was the dumbest he&amp;'d seen since Apple fired Steve Jobs years ago.Besides Whitman (who has plenty of time on her hands since losing her bid to governor of California in last November&amp;'s election) and Russo, HP added as board members the following people: Shumeet Banerji, CEO of consulting firm Booz &amp;amp' Co.' Gary Reiner, former chief information officer of General Electric' and Dominique Senequier, CEO of AXA Private Equity. HP now has a total of 13 board members.Hyatt and Joyce were Hurd&amp;'s biggest board supporters, according to the WSJ. Apotheker probably doesn&amp;'t want Hurd fans on his board of directors. Lane said each new addition has a background in a business that matters to HP.There is always some drama associated with HP&amp;'s board, going as far back as the decision to hire outsider Carly Fiorina as CEO in the 1990s. Ellison hasn&amp;'t helped the situation, lobbing bombs at HP&amp;'s board and hiring Hurd to head Oracle&amp;'s push into hardware competition with HP.Good luck to HP in putting these board shenanigans behind it.Apotheker also appointed Bill Wohl, formerly of SAP, where Apotheker was CEO before, as HP&amp;'s chief communications officer. Other executives leaving the company are chief marketing officer Michael Mendenhall, chief ethics and compliance officer Jonathan Hoak, and human resources chief Marcela Perez de Alonso.[photo credit: itfanat ]Next Story: Yahoo snaps up Aussie group-buying site Spreets for $40M Previous Story: Amid mobile boom, Toronto and its environs glitter (DEMO meetup photos)PrintEmailTwitterFacebookGoogle BuzzLinkedIn      DiggStumbleUponRedditDeliciousGoogleMore&amp;8230'          Tags: HP board, scandalCompanies: Hewlett Packard, HPPeople: Lo Apotheker, Mark Hurd, Meg Whitman, Patricia Russo, Ray Lane          Tags: HP board, scandalCompanies: Hewlett Packard, HPPeople: Lo Apotheker, Mark Hurd, Meg Whitman, Patricia Russo, Ray LaneDean is lead writer for GamesBeat at VentureBeat. He covers video games, security, chips and a variety of other subjects. Dean previously worked at the San Jose Mercury News, the Wall Street Journal, the Red Herring, the Los Angeles Times, the Orange County Register and the Dallas Times Herald. He is the author of two books, Opening the Xbox and the Xbox 360 Uncloaked. Follow him on Twitter at @deantak, and follow VentureBeat on Twitter at @venturebeat. Have news to share Launching a startup Email: tips@venturebeat.comVentureBeat has new weekly email newsletters.  Stay on top of the news, and don't miss a beat.<br/><br/>0 Vote(s) ]]></description>
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<title><![CDATA[Now Andreessen Horowitz owns a piece of Twitter, too]]></title>
<link>http://www.haaze.com/story.php?title=now-andreessen-horowitz-owns-a-piece-of-twitter-too</link>
<comments>http://www.haaze.com/story.php?title=now-andreessen-horowitz-owns-a-piece-of-twitter-too</comments>
<pubDate>Mon, 30 Nov -001 00:00:00 +0000</pubDate>
<dc:creator>Preemefcrodo</dc:creator>
<category>Latest News</category>
<guid>http://www.haaze.com/story.php?title=now-andreessen-horowitz-owns-a-piece-of-twitter-too</guid>
<description><![CDATA[Apparently concerned that there are still one or two prominent tech companies that it hasn&amp;'t invested in, venture firm Andreessen Horowitz has purchased more than $80 million of Twitter stock.It&amp;'s not a direct investment in the company, but rather a stock purchase through the secondary markets where early investors and employees can sell off their shares. Twitter raised a $200 million round late last year, but Andreessen Horowitz did not participate.All Things Digital broke the news about the investment, and Andreessen Horowitz  partner Margit Wennmachers confirmed the story.With this investment, Andreessen Horowitz can add Twitter to the formidable list of big-name tech companies that it has invested in, which also includes Facebook, Foursquare, Groupon, Skype, and Zynga. (Netscape cofounder Marc Andreessen, one of the firm&amp;'s founding partners, was initially involved with Facebook as an advisor to chief executive Mark Zuckerberg, and Zuckerberg appointed him to Facebook&amp;'s board of directors, but the firm also started buying up Facebook shares on the secondary markets last year.) And that&amp;'s not counting all the slightly-less-famous-but-still-notable startups it has backed.And the firm has only been in business for less than two years. It has also raised nearly $1 billion to make investments, most recently in a $650 million fund. Earlier this year, the firm said that it models itself on the Creative Arts Agency, a Hollywood talent agency so important that, in VentureWire reporter Deborah Gage&amp;'s words, &amp;''it was hard to do deals without them being involved&amp;''.Next Story: Is cloud gaming service OnLive really worth $1.8B (poll) Previous Story: Foursquare short-cut to debut on Japanese smartphonesPrintEmailTwitterFacebookGoogle BuzzLinkedIn      DiggStumbleUponRedditDeliciousGoogleMore&amp;8230'          Companies: Andreessen Horowitz, TwitterPeople: Marc Andreessen          Companies: Andreessen Horowitz, TwitterPeople: Marc AndreessenAnthony is a senior editor at VentureBeat, as well as its reporter on media, advertising, and social networks. Before joining the site in 2008, Anthony worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. He attended Stanford University and now lives in San Francisco. Reach him at anthony@venturebeat.com. (All story pitches should also be sent to tips@venturebeat.com) You can also follow Anthony on Twitter. Have news to share Launching a startup Email: tips@venturebeat.comVentureBeat has new weekly email newsletters.  Stay on top of the news, and don't miss a beat.<br/><br/>0 Vote(s) ]]></description>
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<title><![CDATA[Dave McClure&'s 500 Startups opens an incubator]]></title>
<link>http://www.haaze.com/story.php?title=dave-mcclurersquos-500-startups-opens-an-incubator</link>
<comments>http://www.haaze.com/story.php?title=dave-mcclurersquos-500-startups-opens-an-incubator</comments>
<pubDate>Mon, 30 Nov -001 00:00:00 +0000</pubDate>
<dc:creator>Preemefcrodo</dc:creator>
<category>Latest News</category>
<guid>http://www.haaze.com/story.php?title=dave-mcclurersquos-500-startups-opens-an-incubator</guid>
<description><![CDATA[500 Startups, the early-stage firm founded by iconoclastic investor Dave McClure, is getting into the startup incubation business with its new 500 Startups Accelerator.Incubators, where young companies receive office space, mentorship, and a little bit of funding, seems to be all the rage right now. But the model seems to be a particularly good fit for McClure. Not only did he run the fbFund incubator program for Facebook startups, but he&amp;'s also emphasized investing in companies at a much earlier stage and looking for smaller exits.&amp;''We&amp;'re out to hit singles and doubles,&amp;'' McClure told me yesterday. &amp;''We&amp;'re not trying to hit a home run every time and striking out a lot.&amp;''Hosting and mentoring startups seems like a natural extension of that philosophy. The 500 Startups Accelerator will place an emphasis on design, distribution, and on the &amp;''lean startup&amp;'' methodology. It will include access to the firm&amp;'s network of more than 120 mentors. Ten to 15 of those mentors will be &amp;''mentors in residence&amp;'' who work at the incubator&amp;'s Mountain View, Calif. office on a weekly basis.McClure told me that he doesn&amp;'t think 500 Startups is necessarily a competitor to other programs like Y Combinator and TechStars, because he isn&amp;'t limiting himself to freshly-formed startups. So a company could start out at another incubator, then join the 500 Startups Accelerator afterwards. (There aren&amp;'t any YC or TechStars alums in the current batch, but McClure noted that the firm has invested in a number of graduates from both programs.)Moving forward, McClure predicted that 500 Startups&amp;' investments will probably be split 50-50 between accelerator companies and other seed investments. Companies in the accelerator will receive $25,000 to $100,000 in exchange for 5 percent of their equity, and the firm may follow on with future investments. (For more mature startups that have already raised funding, 500 Startups will just join the funding under the terms set by existing investors, McClure said.)Here&amp;'s the first group of companies:Next Story: Ask the accountant: Do I have to send form 1099s Previous Story: Could we see an iPad 3 this yearPrintEmailTwitterFacebookGoogle BuzzLinkedIn      DiggStumbleUponRedditDeliciousGoogleMore&amp;8230'          Tags: 500 Startups Accelerator, startup incubatorsCompanies: 500 StartupsPeople: Dave McClure          Tags: 500 Startups Accelerator, startup incubatorsCompanies: 500 StartupsPeople: Dave McClureAnthony is a senior editor at VentureBeat, as well as its reporter on media, advertising, and social networks. Before joining the site in 2008, Anthony worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. He attended Stanford University and now lives in San Francisco. Reach him at anthony@venturebeat.com. (All story pitches should also be sent to tips@venturebeat.com) You can also follow Anthony on Twitter. Have news to share Launching a startup Email: tips@venturebeat.comVentureBeat has new weekly email newsletters.  Stay on top of the news, and don't miss a beat.<br/><br/>0 Vote(s) ]]></description>
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