Philly Tech Events



Comcast, Sony to open joint retail store at Comcast Center

Comcast, Sony to open joint retail store (Canadian Press via Google News)

Sony StyleComcast Labs to open on Tuesday.


Wharton Venture Initiation Program

Interesting overview of the mostly prototype or very early stage ventures currently in the Wharton Venture Initiation Program. These companies were founded by recent Wharton grads or current students. There are some very good ideas here.


Schweiker-backed start-up folds (Philadelphia Inquirer)


Federal CIO on leave following FBI sting at DC offices (ZDNet
Blogs)
Instant analysis: Bribery case may undo Kundra's Web 2.0 vision (Computerworld)

Sunoco To Cut 20% Of Salaried Workers In Pa. (Dow Jones via CNN Money)

NextStage, Murex put $3.2M in AnySource 'Internet HDTV' (Philly.com: Phiily Deals)
AnySource Media Secures $3.2M in Funding (Company Press Release)

Ben Franklin TechVentures plans expansion (Lehigh Valley Live)

NitroSecurity nabs UK’s Chronicle Solutions (Mass High Tech)
NitroSecurity acquired Philly area company RippleTech Inc. last year and is backed by NewSpring Capital.

RedVision Raises $6.8 Million (PE Hub)
Backed by Edison Venture Fund.

Key Hearing for Philly Dailies is Delayed (Editor & Publisher)

610 WIP Philadelphia to move to FM? (Radio Insight)

Be Mindful Of Online Consequences (The Bulletin)



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SAP to Reduce Business ByDesign Staff?

I think that's what this Bloomberg article is saying when it refers to SAP's "rental software project". The article also says the "workforce will be reduced to 1,800 from 2,600 as large parts of the software are already developed".

Update:
SAP: Business ByDesign SaaS Is 'Mature' (Information Week)
How can a product that's only being tested by 10 to 20 customers be considered "mature"?

Another thought: Does it really take 2600 people to create some SaaS software? Maybe thats been their problem.


Paper Cuts

Erica Smith, a St Louis journalist, has a blog called "Paper Cuts", which keeps track of job cuts in the newspaper business.
Started on a small scale in 2007, it obviously mushroomed as the number of cutbacks turned into a deluge. The Google Map she maintains showing the geographic locations of newspapers that have reduced staff gets very crowded by the number of pushpins on it now.


Brian Tierney Speaks Out Of Both Sides Of Mouth

Tierney Disputes Time.com Blog - Says 'If This is Journalism, God Save the Democracy'
(PR Newswire)
"the Daily News is not going anywhere" -Brian Tierney, March 11, 2008


" The Inquirer, either way, will survive. The question is will The Daily News survive."

Brian Tierney, as quoted by the Daily Pennylvanian from a speech at Penn recently.