Roundup: PixSense, Piczo, Imeem’s new model & more
PixSense, latest start-up to offer video compression, is hiring! — This Santa Clara start-up claims no one has been able to compress a video by 85 percent to share it via mobile phone.
It is offering such a feature to consumers and carriers. Some 90 percent of cell-phone users don’t have a set data plan, meaning they pay for bandwidth they use while sending pictures. PixSense will lower costs. It will also sell its technology to… Continue Reading
VC firm, ITU, asked portfolio companies for political donations
This story about ITU is a tragic one, and a lesson for us taxpayers in California to be vigilant about how the state deals with venture capital firms.
A few weeks back, we reported on the failure by the Southern California-based venture firm ITU to raise a new fund. The failure, we reported, was sparked in part by Harvard’s decision to pull its money from the firm.
Now a story in the LA Times tells us why… Continue Reading