Source: http://rss.news.yahoo.com/rss/education
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Source: http://rss.news.yahoo.com/rss/education
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More and more software is being delivered to businesses through the cloud. But despite Silicon Valley?s reputation as the world epicenter of technology, the Bay Area is losing out on these newer software companies, according to one East Coast investor.
OpenView Venture Partners Managing Director Adam Marcus, whose firm is in Boston, pulled together a list of 96 public companies that deliver business software as a Web service and found that two-thirds of them were founded and continue to be headquartered outside the Bay Area, in places ranging from Weston, Fla., to Tulsa, Okla., to Israel and Beijing.
Founders of business software companies tend to be older?in their 30s and 40s?with families who are already established in their communities, Mr. Marcus says. ?They don?t feel this juvenile need to be in San Francisco.?
Also, the Bay Area is an expensive place to do business and to invest. Mr. Marcus says company valuations in San Francisco are 50% to 100% higher than anywhere in the U.S., and it?s an unstable environment for young companies.
?The biggest problem in San Francisco is an employee base that?s massively transient. They?re constantly looking for the next great opportunity, and people are poached all the time?Many of our companies have zero unforced attrition, but there?s not a company in San Francisco that can claim anything close to that,? Mr. Marcus says.
A closer look at OpenView?s data shows a less dire picture for the Bay Area than Mr. Marcus claims. Most of the companies on the list have offices in the Bay Area even if they?re not headquartered there, and four of them have been acquired by Bay Area companies since he pulled the list together.
(Two companies also moved to the Bay Area?although one moved out?and one acquired a Bay Area company whose offices remain intact).
Emergence Capital Partners General Partner Brian Jacobs, whose firm invests in business software companies out of San Mateo, Calif., about 20 miles south of San Francisco, says the total equity value of the Bay Area companies on the list is higher than for the non-Bay Area companies ($180 billion versus $169 billion), even though the Bay Area companies are outnumbered 2 to 1.
The list also omits some significant Bay Area companies, Mr. Jacobs says?including Workday Inc., SuccessFactors Inc., Ariba Inc. and Taleo Corp.?three of which were acquired by other Bay Area companies for more than $1 billion each.
Mr. Jacobs agrees that Bay Area valuations are high, and he says the area also lacks expertise in vertical markets such as automotive, energy and health care that are now critical for software companies trying to sell to those markets.
Still, companies that are built in the Bay Area can compete against the best, he says, because they have access to the best software company talent in the world, and it?s the only place where technology remained important to the local economy after the dot-com bust.
?During the bubble I was with (St. Paul Venture Capital) in Minnesota, and everybody was excited about Minnesota being the next Silicon Valley. That went away,? Mr. Jacobs says.
Non-Bay Area software companies continue to attract big investments. TOA Technologies Inc., whose software is used by companies to manage field service workers, raised $66 million last month from Technology Crossover Ventures and is staying put in Beachwood, Ohio, near Cleveland, according to co-founder and Chief Executive Yuval Brisker.
?I think the beauty of what you?re seeing now is the emergence of creativity everywhere. Where in the past you had to travel to the centers of finance and technology to get things done, now you don?t have to,? says Mr. Brisker, who adds that it?s easier to compete for talented people in Cleveland, too.
OpenView doesn?t invest in San Francisco companies, Mr. Marcus says. ?We?re concerned that prices are getting ahead of performance.?
Write to Deborah Gage at deborah.gage@wsj.com. Follow her on Twitter at @deborahgage
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We were a bit skeptical when Android Authority claimed earlier this month that Oppo's developing a camera-centric device, but as it turns out, this is really happening! Today, a company representative confirmed to us the name of Oppo's new product line: N-Lens. The focus here will obviously be on photography, and it'll apparently be the "most important flagship series for Oppo going forward." Luckily, the cellular part is here to stay, so these N-Lens cameras -- likely powered by Android -- will be connected; but we're not sure whether you can also make phone calls with them.
No further details were provided (especially not a release date), but Android Authority's scoop already gives a rough idea on what to expect: a high-resolution camera with great low-light performance. You can also just about see the above slide referring to the "Samsung Galaxy Camera" (which has since been superseded by the Galaxy S4 Zoom), so Oppo seems keen to ride on this wave started by the Korean giant. If you want, it's a bit like how the Chinese company spotted the upward trend in local girls taking selfies early on, which led to the Ulike 2 with its 5-megapixel front-facing camera. But of course, with the arrival of Nokia's Lumia 1020, it's not going to be an easy fight.
Filed under: Cellphones, Mobile
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We talk a lot about customizing resumes, a solid online presence and effective job search techniques. We even talk (and talk) about job interview best practices.
What we don?t talk about enough are the basics every recruiter look for in every candidate, regardless of the job, level of experience or even the industry.
So ? keeping in mind that from the research they?ve done so far, the recruiter knows you can do the actual job (or you wouldn?t have been offered a face-to-face interview) ? let?s talk about that now, starting with the top five:
From the moment they meet you, the recruiter is going to be assessing how you project confidence. Several factors go into this assessment?
Do you communicate well (the anxious and unprepared typically exhibit very poor communication skills)? Are you able to engage in conversation? to co-manage the interview? Do you listen ? really listen ? before attempting to answer the recruiter?s questions? Does your ?confidence? ever cross over into arrogance?
Most important: the recruiter wants to know if you?ll earn the respect of your potential colleagues, company managers and the executives. And the best way to do that? is to exude humble confidence.
A few years ago, recruiters didn?t even talk about culture. There were more jobs open than there were candidates, so a person could be a Type A-hole and still get hired ? as long as they could do ?the job?. Those days are gone.
Today, a recruiter is measured (judged, even) by their ability to find talent that will embrace the organization?s mission, understands how the company functions, and has a clear ability to work well with the existing team. The perfect situation? the recruiter?s brass ring: the new hire makes the team significantly better.
The candidate who survives this test takes on a challenging task: they must learn everything they can about the company mission and culture ? and be able to articulate how they are the right fit, complete with solid examples ? well before the interview.
Since the demise of the entry-level position in the workforce, knowledge ? not the theory you learned in school, but the real stuff that makes you employable ? is king.
Knowledge of the industry and competition. Knowledge of the role (well past the job description). Knowledge gained from your internships, job shadows and informational interviews. Knowledge of the recruiter and would-be manager. And, of course, in-depth knowledge of the company mission and culture.
If there is any doubt about what you know ? and exactly how that knowledge and your experience will solve the problem they are trying to fix with this hire ? you will not be the top choice.
Yes, this is a bit old-school; perhaps even clich?. But from how you treat the receptionists and gatekeepers to the eye contact appropriately held; from the handshakes extended to the natural use of ?please? and ?thank you? ? your manners are a big factor in how you are perceived as a candidate.
To many, manners also include appropriate personal space, the volume at which you speak, turning off your cell phone and even your posture. Manners can also include holding doors open when the situation arises and cleaning up after yourself while getting that cup of coffee offered to you as you began the interview.
Because manners are so subjective, we just never know what might be a ?red flag? for the recruiter. So be prepared to go old-school while demonstrating excellent professional manners. If you?re ever in doubt about what are appropriate manners during your first interview, remember this advice: Act as if you are meeting your future mother-in-law for the first time ever? at church.
No matter how high-tech we get in job searches? nothing matters now more than a great attitude and a greater smile. Some of this gets back to the culture issue, yes. To the recruiter, however, attitude is more than that. Much more.
Do you approach your work with enthusiasm? Are you passionate about what you?ll be doing 40, 50 or 60 hours per week? Do you solve problems with an approach that combines tenacity with poise? Are you too cool to hustle, learn and grow? Are you willing to share what you know? and mentor others?
In the recruiter?s eyes ? assuming you?ve shown humble confidence, that you?re a good fit, that you?re knowledgeable and you?ve displayed manners your momma? would be proud of ? your attitude may be all that is left between you and a job offer.
These are the top five things every recruiter expects from a candidate. There are more, of course? and we?d love your help growing the list so we can help others. Let us know your thoughts, in the comments below!
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Photo by Brendan Smialowski/AFP/Getty Images
Reminder: Matt Yglesias and Farhad Manjoo are wargaming a fanciful, definitely-not-actually-true version of what might happen if Google and Apple went to war. You can see how the battle began here.
As of Oct. 5, 2013 Apple has:
Cash on hand: $145 billion
Employees: 80,000
Territory held: A campus in Cupertino, Calif., hundreds of retail stores, and (via subcontractors) a vast array of Chinese factories.
Laughter breaks out at the Apple board meeting. Blocking Google services from iOS devices cripples Google?s revenue stream in a direct and immediate manner. Eliminating Apple from Google?s search results will, at worst, erode Apple sales over time. Time Apple has to spend on countermeasures. Barack Obama and Mitt Romney spent a total of $900 million on their effort to secure the White House in 2012. The 2013 ad spending binge to promote the use of alternate search engines is going to dwarf that. Every state?s a swing state in this race, so Apple spends $200 million in the first month after Google?s move alone. The message is simple?Google is a menace and their results can?t be trusted.
Meanwhile, Tim Cook rings up his Internet Services chief and CFO Peter Oppenheimer to talk acquisitions. The name Duck Duck Go doesn?t exactly ring out on Main Street, but people in the tech world know it as the hot Google rival. It doesn?t just compete in search. It competes in philosophy. No tracking of users? search history means more privacy, but less potential for ad revenue. But Apple?s got plenty of revenue. What it needs is to offer the world a first-class Web search service to destroy its strategic rival. $500 million and some stock later, Duck Duck Go is Apple?s; the company buys every ad slot during Monday Night Football to introduce it.
Illustration by Robert Neubecker
Then there?s video. Brightcove is listed on the NASDAQ at a market capitalization of a mere $260 million. Apple gets it for $330 million?child?s play for a company as cash-rich as Apple. What?s the point in making the profits if you can?t spend them when needed? Running ad-free search and video services won?t work forever, but Apple?s got more than enough profitability and money in the bank to keep them going until Google goes under water. Anything Google can do, Apple can do?well, if not exactly better, then at least free of annoying tracking, advertising, or manipulation of search results to punish rivals.
Pondering the news, Jonny Ive mentions that Steve Jobs didn?t believe in big acquisitions. ?Steve?s dead,? Cook says. ?This is war.?
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NOXEN, Pa. (AP) ? Moments after a pilot told air traffic controllers he was losing altitude, his helicopter crashed in a rugged, wooded area of northeastern Pennsylvania, killing five people including a child.
Wyoming County coroner Thomas Kukuchka said the pilot contacted a nearby tower at about 10:30 p.m. Saturday saying he would attempt to return to another airfield nearby.
"That's when he went off radar," he said Sunday.
The names and ages of those on board have not been released, but Kukuchka said three men, a woman and a child were on board.
"It appears to be a father and son, a father and daughter and the pilot," he said.
Kukuchka said his office was trying to reach family members of the deceased in Leesburg, Va., Ellicot City, Md. and Kintnersville, Pa. He had yet to release the victims' names by Monday morning.
The Federal Aviation Administration said the helicopter took off from Greater Binghamton Airport in New York, but officials there said it had actually originated at a smaller airfield nearby, Tri Cities Airport in Endicott.
Gerard Corprew, manager of the Tri Cities Airport, said the conflicting reports were likely spurred by records that show the helicopter ? an R66 Rotorcraft ? stopped to refuel at his airport at 4:10 p.m. Saturday.
Corprew said Monday that the helicopter must have come back to the airport at least once more, however, because a father and young son later killed in the crash were still waiting to be picked up when he left at 7 p.m.
The helicopter that crashed is sometimes used for tours, Corprew said, and can seat four in addition to a pilot. It can also be used for training new pilots.
A federal tail number Corprew provided showed the aircraft is owned by Robinson Helicopter Co. of Torrance, Calif., according to an FAA records check.
A company spokeswoman could not immediately be reached by email and phone before regular business hours Monday.
State police and FAA personnel were still on the scene Sunday evening, according to Trooper Adam Reed, a state police spokesman.
Kukuchka said there were severe thunderstorms in the area Saturday night, although it was not clear if weather played a role in the crash. The coroner and police said rough weather contributed to the difficulty of the search; the wreckage was located shortly before 2 p.m. Sunday.
The National Transportation Safety Board will lead the investigation, the FAA said.
Source: http://news.yahoo.com/helicopter-fueled-ny-airport-pa-crash-122658019.html
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By Zachary Fagenson
MIAMI (Reuters) - Miami police on Sunday searched for a motive for a shooting rampage in which six people were killed by a gunman who set his apartment on fire before shooting several neighbors and taking others hostage.
They said they were investigating reports that the man, Pedro Alberto Vargas, 42, was in the process of being evicted and had had disputes with the building's management.
More than 100 police, including SWAT teams, stormed an apartment in Hialeah, a heavily-Hispanic suburb of Miami, in a pre-dawn raid on Saturday, killing Vargas and rescuing two hostages.
"When we found him he still had plenty of live rounds of ammunition," Hialeah Police spokesman Carl Zogby told reporters. "This was an irrational act and many times there is no rational explanation."
The weapon used in the incident, a 9-millimeter Glock handgun, was purchased legally in 2010, Zogby said.
Vargas, who arrived in the United States from Cuba in 1997, was described as a part-time graphic artist who kept largely to himself and cared for his elderly mother. He became a U.S. citizen in 2004, according to El Nuevo Herald, south Florida's main Spanish-language newspaper.
He graduated from Miami Dade College with a degree in graphic design. There were no pending civil or criminal cases filed against him in Miami-Dade County courts.
Among the victims were two building managers and several neighbors, including a 17-year-old girl who police say was shot while trying to hide in a bathtub.
Vargas also fired 10 to 20 shots into the street, killing a man who was walking home with his 9-year-old son whom he had just picked up from boxing practice, police said.
It was the worst Miami area shooting since 1982, when 51-year-old Carl Robert Brown killed nine and wounded three others with a pump-action shotgun after a dispute over a $20 lawnmower repair.
Vargas held a permit to carry a concealed weapon. Police gave no information on where he bought the gun or details from the two-page questionnaire on the permit's application. He had no military background and there were no reports of any psychiatric issues.
According to El Nuevo Herald neighbors knew little of the man other than that he exercised often and was regularly seen wearing gym shorts and running shoes. Neighbors say he regularly took his 83-year-old mother to doctor's appointments.
The shooting started after Vargas set fire to his apartment as well as a large amount of cash. Vargas' mother told police it was $10,000 drawn from his savings account, though the amount remains unconfirmed.
"Much if not all was burned," Zogby said.
(Additional reporting by David Adams.; Editing by Eric Johnson and David Storey)
Source: http://news.yahoo.com/seven-shot-dead-florida-hostage-rampage-032220112.html
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