Telit Boosts Presence in India with Major R&D Center in Bangalore

Telit, a global enabler of the Internet of Things (IoT), is expanding its presence in India with a substantial R&D center in Bangalore. With the recent acquisition of Silicon Valley-based GainSpan Corporation, a wireless connectivity solution provider specializing in design and development of ultra-low power Wi-Fi technology, Telit gained about 60 software development, application and support engineers in one of India’s top high-tech regions.

The new Telit R&D center will continue working on Wi-Fi technologies for battery-powered devices along with related intellectual property (IP) in embedded software, including network stacks and application reference designs. Efforts from the Bangalore team have resulted in state-of-the-art developments in Wi-Fi and advanced security protocols, reflected in key patents that have influenced Wi-Fi industry standards. Wi-Fi is a desirable technology for IoT applications and the arrival of ultra-low-power options opens the door to a vast market of battery-powered application areas that have been protracted to date.

ABI Research forecasts the global wireless connectivity market, excluding cellular, to reach more than 10 billion annual integrated circuit shipments by 2021, with 47% of devices enabled by Wi-Fi. Wi-Fi will see its most significant growth in IoT verticals, such as wearables, automotive, the smart home, and other nascent IoT verticals that demand low power. With the new Bangalore R&D center, Telit bolsters its foothold in India and augments talent and capabilities critical to maintaining its innovation leadership edge. The strategic move will enable Telit customers to benefit from an extensive end-to-end IoT solutions portfolio, now addressing the growing market of battery-powered devices that rely on Wi-Fi and other low-power technologies.

“With the new Bangalore R&D center, we look forward to working closely with our solution partners to help our customers leverage the power of an IoT solutions portfolio that now addresses the full gamut of technologies for the growing market of battery-powered devices, including Wi-Fi, BLE and other low-power technologies,” said Ashish Gulati, Country Head, Telit India. “Access to the existing GainSpan talent at the Bangalore facility brings Telit into a leadership position in technology development capabilities. The resulting combined R&D strength helps us to deliver even more comprehensive solutions to our target segments and customers.”

The recent acquisition of GainSpan strengthens the company’s “sensor-to-cloud” solution proposition and positions Telit to better exploit new short range opportunities leveraging existing products including cellular, BT/BLE, GNSS modules; IoT connectivity and platform services. The integration of the unique variety of low-power Wi-Fi technology from GainSpan, with low standby current and fast wake-up time into the Telit portfolio enables customers to extend the battery life of their devices for years. Additionally, customer devices can be designed with a simple and inexpensive MCU or without one at all, enabling increased sales to existing customers and the capture of customers in new segments.

Yahoo Screen also getting two brand new comedy original series

Yahoo also announced two original video series that would broadcast on their Yahoo Screen platform.

This would be similar to how Hulu and Netflix are developing their own original content to attract consumers to their platform.

Yahoo highlighted the two programs:

Other Space: From three-time Emmy nominee Paul Feig (Freaks and Geeks, Bridesmaids, The Office) comes Other Space, a galactic adventure set in the early 22nd century, when the human race has mapped most of the known universe, failed to find alien life, and frankly gotten a little tired of the whole thing. A spaceship on a routine collection mission stumbles into the greatest discovery in history: an alternate universe, far stranger and way more dangerous than ours. Now the ship’s crew — a collection of over-matched rookies, feuding siblings, burned-out veterans and obsolete robots — has to explore this new universe to try and find a way back home alive. (8 half-hour episodes)

Sin City Saints: From executive producer Mike Tollin (One Tree Hill, Smallville, and Varsity Blues) and two-time Emmy nominated director Bryan Gordon (Curb Your Enthusiasm, The Office, Party Down), Sin City Saints is an off-beat comedy set in the front office of a fictional pro basketball expansion team. The show will revolve around Jake Tullus, a Silicon Valley tycoon whose lifelong dream was to buy a pro basketball team but quickly finds he’s in over his head. The group he assembled won’t be much help. Sin City Saints will follow the triumphs, travails, and transgressions of Las Vegas’ first major league sports franchise. (8 half-hour episodes)

Read more: Yahoo Announces the First Two Original Comedies in its New Lineup of Long-Form Shows | Yahoo

CloudFlare open their first international office in London

CloudFlare open their first international office in London

CloudFlare has announced the opening of their first office outside Silicon Valley. The company has expanded to London.

CloudFlare spoke about the need to expand presence internationally:

We decided to open an office outside Silicon Valley for two major reasons: to get access to high quality software engineering, network operations and technical support folks, and to expand our 24/7 operations and support. Not to mention, London has a vibrant start-up community that we are very happy to now be a part of.

CloudFlare added that they are hiring in both San Francisco and London offices. Check out the openings here.

MasterCard Acquires Truaxis, Inc. to Enhance Delivery of Personalized Shopping Offers and Rewards to Consumers

MasterCard (NYSE:MA) today announced the acquisition of Truaxis, Inc., a Silicon Valley, California-based provider of relevant credit and debit card-linked offers to consumers through merchants and financial institutions. The integration of the Truaxis platform with the MasterCard network will allow for real-time offer delivery coupled with advanced analytics to ensure consumers get more meaningful offers, merchants gain efficiencies in driving sales and financial institutions build greater loyalty with customers.

“The offer and rewards industry is rapidly evolving as consumers have demonstrated their desire for customized offers and savings that truly matter to their individual lifestyles,” said Tim Murphy, chief product officer, MasterCard. “By adding Truaxis’ expertise, its intellectual property and a talented team of software engineers to MasterCard, we increase our capabilities to offer merchants and financial institutions a solution that helps them better connect with consumers while evolving the model from the traditional coupon or daily deals offers programs that are popular today.”

This acquisition is a key component of the MasterCard strategy to deliver enhanced shopping experiences and added value to stakeholders through unique product innovations and partnerships with leaders in the offers and loyalty space.

Truaxis delivers highly personalized and relevant offers

A sophisticated offers creation and campaign management platform that supports multiple offer types – enabling merchants to target offers to pre-selected consumer profiles.
Advanced personalization capabilities to ensure consumers receive highly relevant offers.
Flexible platform architecture, enabling simpler and faster implementations for financial institutions.
Innovative consumer engagement features, including social expense benchmarking and recurring bill analysis to create a richer consumer experience.
“Consumers have simply tuned out to irrelevant offers that reach them today through daily emails,” said Truaxis Co-Founder and CEO Schwark Satyavolu. “Being part of the MasterCard family allows us to scale our technology platforms and continue to grow our issuer distribution pipeline globally to deliver highly personalized offers to consumers, through their preferred channels. Together, we will increase the affinity and success of loyalty programs for financial institutions and merchants while delivering more relevant offers to cardholders worldwide.”

MasterCard will continue to leverage its assets, existing and new partnerships, and future innovations to further improve the Truaxis proposition in the coming months, ensuring the delivery of a card-based offers and redemption model that allows financial institutions to provide merchants with an easy and scalable way to deliver highly relevant offers to consumers.

Nanostellar’s Mixed-Phase NO Oxidation Catalyst (Noxicat™) Continues to gain recognition among customers and scientific community

Noxicat™ based paper published in the magazine Science: Mixed-Phase Oxide Catalyst Based on Mn-Mullite ( Sm, Gd)Mn2O5 for NO Oxidation in Diesel Exhaust

Nanostellar, Inc., a company developing materials for automotive emissions control and other cleantech applications announced that a paper based on its Noxicat™ catalyst has been published in the August 2012 issue of Science. Noxicat™ has already received considerable interest from manufacturers of light-duty and heavy-duty diesel engines for its ability to help engine manufacturers reduce harmful greenhouse gas emissions while dramatically reducing the cost of doing so.

Oxides of nitrogen (NOx) produced during the combustion process in diesel engines are strictly regulated greenhouse gasses. Efficient conversion of NOx into nitrogen in vehicles using diesel engines requires oxidizing some NO into NO2. Currently, the industry practice is to use high levels of platinum, which saddles the engine manufacturers with extremely high cost and low stability under hydro-thermal conditions to which these systems are exposed.

“We achieved the goal of finding a NO oxidation catalyst that performs better than platinum, does not use any precious metals and is hydrothermally stable” remarked Geoffrey McCool, who invented this material. Noxicat™ is stable within diesel exhaust temperature range, while platinum based solutions tend to sinter and loose activity when exposed at temperatures higher than 750 degrees C. This novel material starts being active at temperatures as low as 120 degrees C with NO to NO2 conversion maxima of ~45% higher than that achieved with Pt after prolonged thermal aging. Structurally, the active site was found to be a Mn-Mn dimer on stepped mullite surfaces. “According to my density functional theory calculations, Noxicat’s active site has a comparable rate limiting step to that of platinum,” stated Weichao Wang, leading author of Science article.

“In addition to significantly reducing the costs of emissions control systems, Noxicat™ has numerous performance benefits over the incumbent platinum based catalysts” commented Pankaj Dhingra, Nanostellar’s President and CEO. “Noxicat™ enables higher fuel efficiency by allowing engine designers to reduce the frequency of filter regeneration events and allows for redesign of the emissions control system for further optimization.”

Dr. Bulent Yavuz, Nanostellar’s vice president of sales and marketing who has been monitoring the reaction of early customers stated that “Noxicat™ has created an unprecedented level of excitement among heavy-duty diesel engine manufacturers for both its performance benefits and its promise of significant cost reductions. The commercialization efforts received a further boost when customer testing revealed that Noxicat™ is able to regenerate itself after exposure to fuel-borne sulfur.”

About Nanostellar

Nanostellar develops advanced catalysts for emissions control and other cleantech applications. These solutions are developed using the Company’s innovative Rational Design Methodology which incorporates computational methods, nano-materials synthesis expertise and strong characterization techniques.

In 2008 the World Economic Forum recognized Nanostellar as a Technology Pioneer, an honor it bestows on those companies whose innovations are expected to have a critical impact on the future of business and society. In 2011 Nanostellar was named as a top emerging catalyst company by Lux Research, an independent research and advisory firm providing strategic advice and on-going intelligence on emerging technologies.

The company is located in Silicon Valley, California, and is funded by venture capital and other private investors.

For more information, visit

Nanostellar is a registered trademark of Nanostellar, Inc. All other brands, products, or service names are or may be trademarks or service marks of their respective owners.

Eric Eldon is the new editor of TechCrunch!

TechCrunch has just announced that Eric Eldon is taking over as their new editor.

Eric Eldon is the new editor of TechCrunch!

Erick Schonfeld is leaving the company.

Eldon spoke about their future plans related to the TechCrunch network:

We’re going to put our heads down and focus on the basics. We’re going to continue building our team in Silicon Valley, hitting the mean streets of Silicon Valley to report on the entrepreneurs, investors, world-class tech companies, and everyone else that makes this ecosystem what it is.

You know, the stories that made TechCrunch your homepage back in 2005 when it was a personal blog written by Michael Arrington. But it’s 2012 and the whole world is embracing tech entrepreneurship, so we’ll also grow our staff in other key cities in the US and around the world, too.

Let us hope things get better at TechCrunch and we get more of the breaking news rather than personal rants from their authors!

Steve Jobs wanted Apple iPhone to run on unlicensed spectrum used by Wi-Fi!

Steve Jobs wanted Apple iPhone to run on unlicensed spectrum used by Wi-Fi!

Silicon Valley venture capitalist John Stanton has revealed that Apple co-founder Steve Jobs originally wanted iPhone to run on unlicensed spectrum used by wireless internet networks.

He said: “He and I spent a lot of time talking about whether synthetically you could create a carrier using Wi-Fi spectrum. That was part of his vision.”

Steve Jobs wanted Apple iPhone to run on unlicensed spectrum used by Wi-Fi!

However, it was not logistically possible at that time and Jobs had to end up collaborating with AT&T to launch the iPhone in the US market.

The phone continues to run on traditional cellular networks but it is pretty clear that the time is not far away when we would end up using other networks to make most of our calls.

Republic Wireless is a brand new mobile operator in the US market that allows users to make calls over wireless networks in addition to cellular networks.

Nokia might open their virtual headquarters in Silicon Valley

Nokia might open their virtual headquarters in Silicon Valley

Online reports indicate that Nokia is set to move their headquarters to the heart of American Silicon Valley.

The company might operate from this destination virtually. This would be a major change in strategy for Nokia which has operated from their home country of Finland.

The reports are also strong that Nokia might soon announce a shift to Windows Phone 7 as their primary smartphone platform. Google Android is another possibility though WP7 is being seen as the more probably option for the company.

A combination of Nokia’s hardware and Microsoft’s software could boost the fortunes of both the companies. It is not clear however where this would leave MeeGo which has Intel’s involvement as well.

Maybe we would soon see the emergence of a partnership between Intel, Microsoft and Nokia. With Intel providing the internals, Nokia developing the phones while Microsoft would provide the software!

LinkedIn announces job cuts

LinkedIn announces job cuts

Popular business social networking service LinkedIn has announced that they are cutting 10% of their staff.

This is a latest signal that even silicon valley companies are affected by the current economic crises.

LinkedIn announced that they are eliminating 36 positions in the company. The aim is to focus now on services which generate revenues.

LinkedIn said that the job cut is to ensure that they remain cash-flow positive. The service generate revenues from premium subscription, advertising, paid job postings, recruiting services.

They are also taking other steps to cut expenses.

Checkout: LinkedIn

Covad Communications to work on Silicon Valley Wi-Fi Program

Covad Communications to work on Silicon Valley Wi-Fi Program

Covad Communications has announced their interest in starting the delayed Silicon Valley Wi-Fi program.

They are going to start by targeting the businesses operating in the region first.

The service would be initially launched in one local city and they are also looking at collaborating with mobile operators to expand this service.

Covad already provides high-speed fixed wireless service to businesses in the San Francisco Bay Area.

Alan Howe, vice president of wireless strategy at Covad spoke about their plans: “Our commitment is primarily to serve our own internal needs. We want to make sure we walk before we run.”