Roundup: PG&E installs smart meters, Stewart cows Cramer, the market seesaws and more

March 13, 2009 | Camille Ricketts | Comments | |

MySpace Events get an upgrade — The network’s new event invite system takes more advantage of users’ social circles. TechCrunch has more.

PG&E smart meters get the green light — The utility will spend $467 million in taxpayer money to install the meters in California homes. The San Jose Mercury News has the story.

Student VC firms feel the burn — The downturn has dried up cash for small university-based venture firms run by students, just like their professional counterparts, reports the Wall Street Journal.

Genentech, Roche join forces — The two life science giants have merged, continuing the wave of consolidations in the sector. Merck announced its acquisition of Schering-Plough earlier this week.

Collaboration comes to Microsoft Office — Covisint has teamed up with the eXpresso Corporation to add document collaboration software to Microsoft Office. Read the release here.

Jon Stewart puts the smackdown on Cramer – During last night’s Daily Show with guest Jim Cramer from CNBC’s Mad Money, Jon Stewart showed a clip of a remarkable interview Cramer gave about how easy it was to manipulate Apple’s stock price — two weeks before the blockbuster release of the iPhone. Here’s a link to the Daily Show segment, where Stewart grills Cramer. But Stewart only had time to show a portion of the embarrassing TheStreet.com clip. Check out the full version below:

Massachusetts OKs huge offshore wind farm — Cape Wind Associates’ $1 billion proposed offshore turbine field got tentative approval from state authorities. Read more on Reuters.

Jaiku joins Google App Engine – The micro-blogging platform will now be available as a federated, open-source product through the search giant.

Fisker taps Advanced Lithium Power for electric car batteries — The Irvine-based auto-maker has chosen Advanced Lithium Power’s 22.6-kilowatt-hour lithium-ion battery to power its highly anticipated Karma EV.

Stock market sees biggest weekly gain since November – Stocks rallied for the fourth straight day Friday. Check it out on Yahoo Finance.

3Scale launches API management service — TechCrunch has the details.

U.S. chief information officer already in hot water — President Obama’s CIO Vivek Kundra announced that he’ll take a leave of absence in the wake of the week’s bribery arrests.

Michael Arrington gets out of the startup game — The TechCrunch founder says he will stop making angel investments in the name of journalistic integrity.

Next Story: VIA Pharmaceuticals nabs loan for cardiovascular treatment
Previous Story: Juror tweets $12.6M verdict

Bookmark and Share

Tags: , , , , , , , , , , ,

Photo of Camille Ricketts

About the Author, Camille Ricketts

Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.

With GreenBeat 2009, VentureBeat's all-star conference on all things Smart Grid, coming up in November, Camille will be expanding coverage of this exciting space. Stay up to date by following @greenbeat2009 on Twitter or by becoming a fan of the event on Facebook here.

  • I am really glad that I found your site.. Thanks so much for the helpful information.
  • Really wonderful piece of information and I appreciate it that you share something so useful with the readers of this blog.
  • Thank you so much for sharing the useful thoughts via such kind of nice blog.I did learned a lot by stopping by here today. Keep posting in near future as well:)