Friday, January 25, 2013

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Entrepreneurs plan D.C. road trip to talk up immigration reform (reuters)

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Thursday, January 24, 2013

FCC application reveals Google's plans for campus-wide wireless network

Android Central

Earlier this month, Google applied with the FCC to create an experimental wireless network on its Mountain View campus. The network will initially cover a 2 mile radius of the Googleplex, and will run on a specific set of frequencies -- 2524 to 2625MHz. The set of frequencies is a bit obscure and isn't actively being used by any major carrier or devices, that is except for Clearwire. So we know Google is making its own cellular network for use around its campus, but what everyone's really wondering is why are they doing it?

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Source: http://feedproxy.google.com/~r/androidcentral/~3/h1ihsQVFLsg/story01.htm

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California M&A Activity Reaches Highest Level Since 2009, With Tech Deals Leading The Way

Screen Shot 2013-01-23 at 12.45.57 PMCalifornia saw about $91.1 billion worth of mergers and acquisitions last year, the strongest level seen since 2009, according to Mergermarket. The fourth quarter saw a 10.4 percent increase over the third quarter and about a 25 percent increase over the same time a year earlier. The fourth quarter alone was the best one for mergers and acquisitions since 2007. Naturally, the technology sector led the way with 30.5 percent of deals or about $27.8 billion worth of deals. But it wasn’t consumer tech or enterprise that was at the very top of the leaderboard for the biggest deals of the year. It was the attempted hostile takeover of genetic analysis company Illumina by Roche Holding Ltd. for $6.8 billion. The deal ultimately fell through when Roche let its tender offer expire. That deal was followed by Bristol-Myers Squibb’s purchase of Amylin Pharmaceuticals for about $6.4 billion. The biggest tech deal was SAP’s agreement to buy Ariba for $4.3 billion. Slightly below that, was Disney’s $4.05 billion deal to buy Lucasfilm. The Facebook-Instagram deal, which had an initial price of $1 billion before Facebook’s stock declined, didn’t figure into the rankings because it wasn’t big enough to be one of the top 10 deals of the year. But it was also too big to be included in mid-market deals. Unsurprisingly, Goldman Sachs held the top spot on the league table, by advising on 46 deals valued at $54 billion. They claimed the top spot from Morgan Stanley, which did 46 deals worth $44.3 billion last year. Other banks that saw the value of their deal flow rise include Credit Suisse, Deutsche Bank and GCA Savvian. Jeffries & Company took the top spot for advising on mid-market deals, which Mergermarket defines as being worth between $10 million and $500 million. Skadden Arps was the top legal advisor, and worked on $59.3 billion worth of deals. Latham & Watkins was high on both the overall legal advisory league tables and on mid-market deals, with $40.4 billion worth of overall deals and $7.2 billion worth of mid-market deals.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/aF6wB-FamLE/

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Suicide bomber kills 20 inside Iraqi Shi'ite mosque

BAGHDAD (Reuters) - A suicide bomber killed at least 20 people inside a Shi'ite Muslim mosque in northern Iraq on Wednesday after detonating his explosives in the middle of a crowded funeral ceremony.

The attack on a sensitive religious target came as Shi'ite Prime Minister Nuri al-Maliki faces pressure from mass Sunni protests that are heightening fears the OPEC country risks sliding back into widespread sectarian confrontation.

"A suicide bomber at one mosque killed and wounded tens of people. We don't know who is behind this," Amin Aziz, deputy governor of Salahuddin province, told Reuters. "We don't have a clear toll yet."

Police, who were still rescuing victims from the bomb site, said at least 20 were killed and 35 more wounded in the attack on Tuz Khurmato, a religiously and ethnically mixed city 170 km (105 miles) north of the capital Baghdad.

A year after the last American troops left the country, Sunni Islamist insurgents tied to al Qaeda still carry out major bomb attacks to stir up the kind of Shi'ite-Sunni confrontation that killed thousands in 2006-2007.

Maliki, a Shi'ite, is struggling to calm weeks of protests by Sunni Muslims while his fragile government, split among the Shi'ite majority, Sunnis and ethnic Kurds, is deadlocked in a crisis over power sharing.

(Reporting by Baghdad newsroom; writing by Patrick Markey)

Source: http://news.yahoo.com/suicide-bomber-kills-20-inside-iraqi-shiite-mosque-135106163.html

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Wednesday, January 23, 2013

Amb. Marc Ginsberg: Netanyahu's Coalition Loss May Usher In An "Israeli Spring"

Benjamin Netanyahu's decayed Likud/Beitenu right wing slate limped across the Israeli electoral finish line tonight leaving a trail of lost Knesset seats in its wake and the loss of incalculable political fortune for the once politically invincible Israeli prime minister. When the final vote tally emerges, it will surely represent a personal rebuke and a vote of popular no confidence in Netanyahu's leadership.

If exit polls prove accurate when all votes are counted, Netanyahu's coalition party list - Likud/Yisrael Beiteinu -will have shed an astounding 11 parliament seats...an unexpected rebuke to Netanyahu by Israeli voters who had grown weary of the paltry Likud campaign diet of half-baked security bravado that belied Israel's growing regional and international isolation and Netanyahu's fixation with disgraced coalition partner Avigdor Lieberman who had been indicted during the campaign on charges of political corruption.

While Netanyahu will likely get the initial nod from President Shimon Peres to take a run at forging a coalition government, he will face a new Israeli political equation he did not count on: the emergence of a new generation of secular Israeli political leaders who rode a wave of popular disenchantment against an intolerantly interfering right wing ultra orthodox religious establishment that Netanyahu never ceased to placate when it suited him to do so and which he shamelessly embraced during the campaign to his political detriment.

Coupled with Netanyahu's dangerous political liaison with the brutish Lieberman, and an economy that was increasingly tilted against Israel's own "47%" middle class, Israelis had finally had enough of Netanyahu's appeasement of Israel's ultra orthodox minority - and they took it out on him in spades...costing him over 25% of Israel's electorate that he had counted on to ride a wave of political invincibility that would have cemented his leadership and the rule of Likud over Israel's political establishment for years to come.

Out of nowhere, two new parties have emerged to challenge Netanyahu. The first, Yesh Atid (There is a Future) founded by popular Israeli journalist Yair Lapid, having come out of nowhere will likely claim 18-19 seats. The second, Habayit Hayehudi (Home of the Jew), founded by Netanyahu's former Chief of Staff, Naftalie Bennett, is Netanyahu's real spoiler, having taken nearly 12 seats, most from Likud/Beitanu.

Netanyahu expected a different outcome. When he declared snap elections last October, he was convinced he was invincible...even not-too-subtly implying only he could stand up to a U.S. president to protect Israel's security...something no previous Israeli leader had dared attempt to use as a campaign tactic to win votes - and it backfired mightily!

Adding to his predicament, Netanyahu's stewardship of Israel's latest military showdown with Hamas drew mixed reviews, and exit polls indicated that a plurality of Israelis recognized that a "rest in peace process" starved of oxygen by Netanyahu's pro-settlement policies, required some modicum of Israeli life support to prevent a dangerous break with Washington just when 2013 was emerging as the Iran nuclear program year of decision.

Netanyahu now has few choices before him. He can either resort to forging an extremist religiously intolerant right wing coalition that had been repudiated by the majority of Israelis, or offer Lapid a deal that would entice his party and perhaps other moderate parties into a more centrist coalition government.

So, in this shifting Israeli political reality the new king-maker is certainly not the dethroned Bibi, but Israel's new internet era progressive populist, the respected, mild-mannered, but politically callow Lapid whose party ran on a reform platform to defang the ultra-orthodox and compel their military service, reform Israel's crazy-quilted election system, and end Netanyahu's abhorrent pro-settlement policies.

Lapid's ascendancy comes at a crucial time in Israel's history. Is it possible that a politically damaged Netanyahu will seize the opportunity accorded by a more centrist Israeli government to repair relations with the Palestinians and Washington, or risk losing his coalition partner? Time will tell and no one knows what Netanyahu will really do when forced to pivot.

In Netanyahu's diminished political horizon the choices may no longer be his alone to make. Rather than leading, he may be the one who is led by a long suffering Israeli silent, moderate majority coalescing to assert its historical role as the natural arbiter of Israel's future - both domestically and internationally. While he will be prime minister, it will not be the long sought third term victory lap for Bibi. That fact alone opens up a new horizon that should compel Israel's persistent and impossibly partial critics to pause and assess what Israel's new no-longer-silent majority compels from their new government.

Today's vote could very well usher in Israel's own "Israeli Spring."

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Follow Amb. Marc Ginsberg on Twitter: www.twitter.com/@ambmcg

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Source: http://www.huffingtonpost.com/amb-marc-ginsberg/netanyahus-coalition-loss_b_2530867.html

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TechStars Alum FlixMaster Raises $1.25 Million To Bring Interactive Video To Networks And Brand Marketers

FlixMasterFlixMaster wants to give brands the ability to create interactive experiences for viewers. So it's built a platform for enabling different branching mechanisms between videos, allowing a sort of visual timeline with a choose-your-own adventure aspect to the whole experience. To get that technology in the hands of more brands and content creators, the startup has raised an additional $1.25 million.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/PCh9BYqBlSU/

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