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<title>Haaze.com / stephainer / Published News</title>
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<pubDate>Tue, 22 Mar 2011 07:11:04 +0000</pubDate>
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<title><![CDATA[Clear Channel kicks tires on Playlist.com assets]]></title>
<link>http://www.haaze.com/story.php?title=clear-channel-kicks-tires-on-playlist-com-assets</link>
<comments>http://www.haaze.com/story.php?title=clear-channel-kicks-tires-on-playlist-com-assets</comments>
<pubDate>Tue, 22 Mar 2011 07:11:04 +0000</pubDate>
<dc:creator>stephainer</dc:creator>
<category>Marketing and advertising</category>
<guid>http://www.haaze.com/story.php?title=clear-channel-kicks-tires-on-playlist-com-assets</guid>
<description><![CDATA[Clear Channel Communications is one of the companies taking a serious look at the assets of Playlist.com, the once promising digital music service that filed for bankruptcy protection last summer, according to a source with knowledge of the negotiations. Details are few, but apparently Clear Channel, the media conglomerate with a large stake in broadcast radio, concert promotion, and billboard advertising, is interested in the user interface and other technology belonging to the defunct Playlist.com, once known as Project Playlist. Playlist.com, which enabled users to create and share music playlists with friends, filed for bankruptcy protection in August, and at the time company leaders suggested Playlist.com might manage to reorganize and re-emerge. Records show that there was little hope of that. In the company's Chapter 11 filing on August 6, it reported $2.2 million in total assets (only $203,000 in cash). Playlist.com owes the four largest record companies a combined $25 million.It's still not clear what Clear Channel would want to do with Playlist.com's assets. A Clear Channel representative said &quot;the company doesn't comment on rumor or speculation.&quot; One of the attorneys overseeing the bankruptcy also declined to comment. After thumbing its nose at the music industry by operating without obtaining music licenses from most of the labels, Playlist.com had to spend big on legal fees. To critics of the big labels, Playlist.com was crushed by big licensing fees. Music industry insiders, on the other hand, say Playlist.com was a classic example of a start-up that built a large following by offering free music and worried about licenses later. <br/><br/>0 Vote(s) ]]></description>
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<title><![CDATA[Solar startup Alta Devices raises $72M a4a4 no, we still don&'t know what they do]]></title>
<link>http://www.haaze.com/story.php?title=solar-startup-alta-devices-raises-72m-âÂ€Â-no-we-still-donrsquot-know-what-they-do</link>
<comments>http://www.haaze.com/story.php?title=solar-startup-alta-devices-raises-72m-âÂ€Â-no-we-still-donrsquot-know-what-they-do</comments>
<pubDate>Mon, 30 Nov -001 00:00:00 +0000</pubDate>
<dc:creator>stephainer</dc:creator>
<category>Eco</category>
<guid>http://www.haaze.com/story.php?title=solar-startup-alta-devices-raises-72m-âÂ€Â-no-we-still-donrsquot-know-what-they-do</guid>
<description><![CDATA[Stealthy solar startup Alta Devices has raised a whopping $72 million from one of the longest list of high-profile investors you might ever see, which includes the likes of Kleiner Perkins Caufield &amp;amp' Byers and New Enterprise Associates.But despite the massive funding round, very little is actually known about what Alta Devices is working on. The company is supposedly working on developing highly efficient photovoltaic cells that capture light and convert it to electricity a4&quot; which can be used to power everyday devices. But it seems Alta has some kind of serious ace up its sleeve and has charmed investors across the country.A recent job posting indicated the company wants to develop photovoltaic cells that are around 30 percent efficient and can generate 1 watt of electricity at a cost of 50 cents.The press release for the funding announcement was even more vaguea4&quot; &amp;''in addition to breakthroughs in advanced technology, the company is focused on manufacturing and form factor breakthroughs,&amp;'' it reads. But the company was able to attract venture capital titans like Kleiner Perkins and August Capital. Dow Chemical, DAG Ventures, New Enterprise Associates and Energy Technology Ventures a4&quot;a joint venture between General Electric, ConocoPhillips and NRG a4&quot; also participated in the most recent funding round.The Santa Clara, Calif.-based company plans to move a few minutes north to Sunnyvale, Calif., according to Green Tech Media. It has 55 employees and has filed for 35 patents, according to the job posting. The company also received a $3 million grant from the Department of Energy to develop low-cost and highly-efficient photovoltaic cells.Next Story: Microsoft sells 10M Kinects, wins Guinness Record in the process Previous Story: StumbleUpon raises $17M as traffic climbsPrintEmailTwitterFacebookGoogle BuzzLinkedIn      DiggStumbleUponRedditDeliciousGoogleMore&amp;8230'          Tags: photovoltaic cell, solar energy, solar powerCompanies: Alta Devices, Kleiner Perkins          Tags: photovoltaic cell, solar energy, solar powerCompanies: Alta Devices, Kleiner PerkinsMatthew Lynley is VentureBeat's enterprise writer. He graduated from the University of North Carolina, where he studied math and physics, in May 2010. He has reported for Reuters. He currently lives in San Francisco, California. You can reach him at mattl@venturebeat.com (all story pitches should also be sent to tips@venturebeat.com), and on Twitter at @logicalmoron. 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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