Former owner pleads guilty to fraud (Philadelphia Inquirer)

CardioNet, Inc. Provides Update on Mobile Cardiovascular Telemetry Reimbursement (Business Wire)

Daily Links 10/30/09: ‘Bill Gates of Belgium’ Fights SAP With Free Software

Unfinished Windows 7 Feature Turns Laptops Into Wi-Fi Hotspots (PC World)
Philadelphia firm finds the secret.

MyYearbook deepens push into virtual cash with toolbar, Target cash cards (VentureBeat)

‘Bill Gates of Belgium’ Fights SAP With Free Software (Bloomberg)

Oracle vs. SAP: Battle of the Fall 2009 Balance Sheets
A head-to-head examination of how the two software giants were able to increase net income during a global recession in which revenues plunged.

Is BI ready to meet the real world? (ZDNet Blogs)

Quality Systems 2Q profit rises on boosted sales (Associated Press via Forbes)
Quality Systems' NextGen Healthcare Information Systems is based in Horsham.

Going Full Gilt: DailyCandy Gets Into Sample-Sale Game (paidContent)
Taking on new GSI Commerce acquisition.

Why Your Broadband Meter Is Running Late (GigaOM)

Verizon's FioS Deployment Enters A New Chapter
Carrier will likely pause deployment to market to existing footprint
(Broadband Reports)

Addressable Advertising: Still in the Pipe-Cleaning Stage (Advertising Age)

FCC Economist: Congestion Pricing Could Mean Efficient Network Operation
Cable Operators Have Been Talking About Charging More For Bandwidth-Heavy Users
(Multichannel News)

Funding shortfall stymies tech-transfer capabilities (Philadelphia Business Journal)

8 Central Pa. companies receive Ben Franklin funding (Central Penn Business Journal)

Video: Bing subjugates Pa. middle school to jingle (Seattle Post-Intelligencer: Microsoft Blog)
This is terrible. They are indoctrinating young children in Horsham into becoming Microsoft followers. Shades of Obama and


Daily Links 10/29/09: Comcast's new IPTV project

Comcast Forges 'Excalibur' for IPTV (Light Reading: Cable Digital News)

Comcast NBC deal held up by various issues-sources (Reuters)

Former NBCU Chairman Says Now Is Not The Time For An IPO (paidContent)

Motorola Forecast Beats Estimates on Cost Reductions (Bloomberg)
Quarterly Shipment Numbers: Q3 2009 (Motorola: Media Experiences 2 Go)

InterDigital Shrs Jump On Strong Q3 (Barron's: Tech Trader Daily)

SAP Focuses on SMBs, Unconcerned by Oracle's Sun Acquisition (eWeek)

Viridity Energy Congratulates PECO on Smart Grid Advances and ARRA Stimulus Funding
As project partner of the $200 million grant awarded to PECO, Viridity Energy will support the implementation of smart grid technologies
(Business Wire)

CDI Corp. Reports Third Quarter 2009 Results and Announces Dividend (PR Newswire)

ERT Reports Third Quarter 2009 Results (PR Newswire)

Philadelphia Fed’s Plosser Sheds Yankees Past for World Series (Bloomberg)

New York vs. Philadelphia: The venture scene (Philadelphia Business Journal: Technology Blog)

G.E.’s Bid to Connect Computerized Health Records
(New York Times: Bits)
Cites Pennsylvania's Keystone Health Information Exchange as an example.

MapQuest Updates Its Maps - But is it Too Late?
(Read Write Web)
MapQuest was co-headquartered in Lancaster last time I checked.


Comcast Puts Yellow Pages On TV (Forbes)

Three Philly Area Companies Receive Smart Grid Grants

Three Philly-area utility companies received grants under the "Smart Grid" program unveiled by President Obama today:

  • PECO, Philadelphia:
Deploy 600,000 smart meters and supporting sytems ($200,000,000)

  • PPL, Allentown:

Deploy a distribution management system and smart grid
technologies to monitor and control the grid in real-time ($19,054,516)

  • PJM Interconnection, LLC, Valley Forge

Deploy over 90 phasor measurement units and other
digital monitoring and analysis technologies across 10 states that will provide real-time data on the operating conditions of the transmission system, improving reliability and reducing congestion. ($13,698,091)

Atlantic City Electric Company also received a grant for $18,700,000 to improve grid efficiency.

See Grants by State

Obama Promotes ‘Smart-Grid’ Projects (New York Times:The Caucus)


Daily Links 10/26/09: NY Times Decides Comcast shouldn't buy NBC (After all, the Times has managed its business so well)

Verizon Profit Exceeds Estimates on Wireless Gains (Bloomberg)
Verizon Wireless, FiOS Growth Slows, But Quarter Fine (Silicon Alley Insider)

Verizon Launches BlackBerry Storm 2 This Week; OS 5.0 for Storm Today (jkOnTheRun)

A Big Deal, but Not a Good One (New York Times: The Media Equation)
On Comcast and NBC-U.

Comcast COO: Nat'l Platform Key to Interactive Ads (Light Reading: Cable Digital News)

Comcast Zeros In On Spammers
Operator Deploys Cloudmark's Spammer-Monitoring System
(Multichannel News)

Cohen: Comcast's Plant tru2way-Capable By End of Year
Allows operators to deliver interactive TV content, pplications to compatible devices including TVs and set-tops

(Broadcasting & Cable)

Motorola Introduces New Products Expanding Fiber Deep and CablePON Portfolios for Cable Operators (PR Newswire)

Fisker to Manufacture Plug-in Hybrids at Former GM Delaware Plant (Automobile Magazine)

Obama plans big smart grid announcement (Reuters)

ING to Split in Two Amid $11.3 Billion Rights Issue (New York Times: Deal Book)
Wilmington's ING Direct USA to be broken off by 2013.

Virtua Selects NextGen® EHR to Support Quality Initiatives
Multi-Hospital Health Care System to Implement Award-Winning Product across Its Virtua Medical Group Network

(Business Wire)

Why Your Next IT Job Will Be In Healthcare (Information Week)

Unisys Closes 1-for-10 Reverse Split (Barron's: Tech Trader Daily)


Philly Tech Events Calendar

Lender Capmark Financial Group Files for Bankruptcy (Bloomberg)
Formerly GMAC Commercial Holding Corp., based in Horsham.

Digitas Health Social Media POV

Net neutrality faces political, legal hurdles (CNN via CNET)

Q&A: FCC’s Baker Sounds Alarm Over 'Anecdote’-Based Regulations (Multichannel News)

Digitas and Razorfish Take First Steps Toward Combining Health Practices

Razorfish Execs Leave for Microsoft After Publicis Deal
(Advertising Age)
The most significant implication of this story locally is a possible first step towards the integration of Digitas Health and Razorfish's (now both part of Publicis) health practice. Katy Thorbahn, former GM of Razorfish Philadelphia, will now head up Razorfish health, reporting to Digitas Health CEO David Kramer, though both will retain their own brands for now at least.
See my story from March on Razorfish Phildelphia and Katy Thorbahn.


Deloitte Philly Fast 50

The Deloitte Philly Fast 50 is out, representing Deloitte's take on the 50 fastest growing companies in the area.
Unlike the Philadelphia 100, the Deloitte list does include publicly traded companies. Unlike the Inc. 5000 , revenue is not shown for Deloitte companies unless they are also on Deloitte Fast 500 nationwide rankings.
As I reported earlier, The Neat Company was the top area company on the "Fast 500" and is also tops on the Philly Fast 50. However, another company that did not appear on Fast 500, eZanga, an internet advertising firm in Middletown DE, is ranked #2 on the Philly Fast 50.


Brian Tierney's time, money, luck slipping away from his Philly news empire (Daily Finance)

Governor Rendell Says $22 Million Investment Will Create 375 Jobs Statewide, Stimulate Pennsylvania's Technology Sector (PR Newswire)
It looks like the amount of funds Ben Franklin Technology Partners will distribute to its four regional BFTPs this year will be $16
million($4 million each), down from $27.6 million for each of the past several years. This is a decline of about 42%.

Big difference in Dow, PricewaterhouseCoopers venture reports (Philadelphia Business Journal:
Technology Blog)

Microsoft Reports Pre-Windows 7 Declines For Revenues And Profits. No More Excuses. (TechCrunch)

Verizon, Comcast Still Fighting Over Silly VOD 'Channel' Counts (Broadband Reports)

FCC Begins Examination of Potential Internet Regulation (Comcast Voices)

Four things SAP must consider before a Teradata acquisition (


Daily Links 10/22/09: FCC Votes to Move Forward on Net Neutrality

Clearwire, Comcast, and Sprint to Launch 4G in Chicago, Philadelphia and Seattle (Business Wire)

Competing With Hulu a Bad Move for Comcast
(Read Write Web)

FCC moves forward on net neutrality rule-making in unanimous vote (Washington Post: Post Tech)
FCC Agrees to Set Rules on Net Neutrality (GigaOM)
FCC proposes network neutrality rules (and big exemptions) (ars technica)

Watch Comcast CEO Brian Roberts at the Web 2.0 Summit 09
(Comcast Voices: Video)

Early Tremors: Is It Time for Another Social Network Shakeout? (Knowledge@Wharton)

Dow Chemical Says Sales Volume Slides 9%, Recovery ‘Slow’ (Bloomberg)

IMS Health takes 3Q loss on restructuring charges (Associated Press via Forbes)

SAP India MD: Ranjan Das, the man who loved Mumbai
(Economic Times of India)

SAP and Siemens: kiss and make up? (ZDNet Blogs)

Unisys protests TSA’s $493M award to CSC (Washington Business Journal)

Lockheed Martin Moorestown unit gets $1B missile defense contract (Philadelphia Business Journal)

Alteva and SimpleSignal Form IP Peering Alliance
Leading Service Providers Collaborate to Create Cross-Platform, HD-to-HD IP Calling

Milestone: Motorola Ships One Millionth Fiber-to-the-Home Optical Network Terminal (PR Newswire)

Allentown firm's Socialtivity gives marketers social media liquidity (Keystone Edge)

Announcing the Dream Widget Challenge (The Boomi Blog)


Comcast to debut cable shows online by year's end (Associated Press via Google News)

SAP India Head Ranjan Das passes away (Silicon India)

Newspaper owners improve offer to lenders (Philadelphia Inquirer)

SAP says Siemens renews contract for 3 years (MarketWatch)

Challenges Await Head of New SAP User Group (PC World)

Synygy Announces New ETL Process for Fully Automated SAP Data Integration (Business Wire)

SEI Investments Q3 profit tops Street (Reuters)

Beige Book: Third District--Philadelphia (Federal Reserve Board)

Is Net Neutrality a FCC Trojan Horse? (Electronic Frontier Foundation)

FCC set to take on aggressive role as Internet traffic cop (San Jose Mercury News)

Verizon brings FiOS to Allentown (Fierce Telecom) Raises $30 Million (PE Hub)
Philly-based MentorTech Ventures return investor in new round.


Deloitte 2009 Fast 500

Deloitte’s 2009 Technology Fast 500 is out. Haven't had a chance to look at it in detail yet, but the top Philly-area IT related companies appear to be The Neat Company of Philadelphia (42) and Clear Align of Eagleville (128).


IMS Taking Bids from PE firms

IMS in talks with private equity firms-sources (Reuters)

Daily Links 10/19/09: Franklin Institute award winners named (some guy named Gates)

Report: GE and Comcast in Due Diligence on NBC Universal Deal (
Is The Vivendi-GE-NBC Universal-Comcast Deal $500 Million Away? (paidContent)
A Surprise Adviser for Comcast Bid: Peter Chernin (New York Times: Media Decoder)

11 winners announced of Franklin Institute awards (Philadelphia Inquirer)

Dow Jones venture numbers in for 3Q (Philadelphia Business Journal: Technology Blog)

InterDigital may appeal ITC ruling in Nokia patent case (Reuters)

After New Ads, Doubts Grow About a Verizon iPhone (New York Times: Bits)

Verizon Offers 'Quadruple Play' Discounts
Finally begins offering discounts for bundling wireless with DSL, FiOS
(Broadband Reports)

In Oracle Vs. SAP, IBM Could Tip Balance To SAP (Information Week: Global CIO)

Global BusinessObjects Network (GBN) and Americas’ SAP Users’ Group (ASUG) Host Customer-Led Conference for SAP BusinessObjects Users (Business Wire)

Teradata Announcements Target Public, Private Clouds PC World)

Web Giants Facebook, Amazon, Twitter Join Support For Net Neutrality Rules (Washington Post: Post Tech)

TIBCO Spotfire and Integromics Unveil New Genomics Data Analysis Solution to Speed Drug Research, Development (Marketwire)
Integromics' US headquarters is at the Science Center in Philadelphia.

BPM Modeling Tool Vendor Celebrates 20 Years of Being First (PR Web)


Philly Tech Events Calendar

Top Social Networking Sites in September 2009 (ClickZ)
myYearbook's share of US visitors down 40% from a year ago, according to Hitwise.

Catching Flak On Neutrality
Genachowski's Codification Plan Assailed By Many Sides
(Multichannel News)

The Daily Docket: Charter Plan Gets Thumbs Up (Wall Street Journal: Bankruptcy Beat)

Cable's Canoe Heads for Scalable Waters
(Light Reading: Cable Digital News)

Comcast announces rate hike (Harrisburg Patriot-News)

Nitro PDF Software Partners With Vuzit to Deliver New Release of PDF Download, the World's Most Popular PDF Web Browser Extension (Marketwire)


Media World: Will NBC dump Jay Leno? (Daily Finance)

Some Democrats, Minority Groups Question Net Neutrality (IDG via New York Times)

Comcast cutting 64 jobs at advertising division (Boston Globe)

BofA weighs radical changes at Del. card centers ( Philly Deals)

Princeton's MuseAmi Raises VC Funds

MuseAmi Inc., a Princeton-based music software startup, has raised $1.5 million in VC funding, according to regulatory filings dug up by PE Hub.
It had previously been seeded by Mohr Davidow Ventures, but it is not clear where this current round came from. MuseAmi's website, which is basically just a placeholder right now, describes itself as follow:

"A cutting edge music software company with new transformational technology that empowers you to play, share, create, learn, and teach music - all in the palm of your hand. We are creating a virtuous cycle of consumer handheld embedded products synergistic with web products powered by MuseAmi technology."


Daily Links 10/15/09: Redlasso is Back

Business Outlook Survey: October 2009 (Federal Reserve Bank of Philadelphia)
Philly Fed factory gauge slips in October

Vivendi Said to Hold Off on NBC, to Focus on GVT (Bloomberg)

Microsoft Says It Can Recover 'Most' Sidekick Data (Washington Post: Faster Forward)

BioNanomatrix Awarded Supplemental Funding to Accelerate Commercialization of Innovative Single-Molecule Analyzer
(PR Newswire)

Redlasso is Back!
Popular Clipping Service Relaunches at Blog World
(Business Wire)
But content doesn't appear overwhelming at first glance.
Redlasso Relaunches With Clippable, Shareable Videos From Over 100 TV Stations (paidContent)

Company Math vs VC Math (Redeye VC)

Clear-er sailing for Clearwire?
(RCR Wireless)

T-Mobile 'everything unlimited' plan to offer voice, SMS, MMS, data for $50? (ZDNet Blogs)

Oracle unwraps Fusion Applications, new user support portal (

Oracle Enhances Both Primavera P6 Enterprise Project Portfolio Management and Contract Management (Marketwire)

SAP ties knot with Open Text for ECM (Computer Business Review)

Environmental Tectonics Corporation Awarded Major Contract for Multiple Tactical Flight and Aircrew Training Simulation Devices (PR Newswire)

Live Sixers games on the Internet? Perhaps (Philadelphia Inquirer)


Daily Links 10/14/09: Vivendi Has No Comment On NBC Discussions

Newspapers appeal ruling on credit-bidding (Philadelphia Inquirer)

French media company Vivendi mum on possible NBC Universal sale (LA Times: Company Town)

codeMantra’s collectionPoint to Utilize MarkLogic Server in New SaaS Offering for Publishers (Business Wire)

Bentley acquires Santa Rosa software firm gINT (Santa Rosa Press Democrat)

Bentley and Pointools Sign Continuous Technology Transfer Agreement to Incorporate Vortex Engine in Bentley Platform (PR Newswire)

Top 7 Tech Disasters of the Decade
Sidekick Data Loss Is Latest Technology Debacle
(ABC News)
Heartland Payment Systems breach also included.

U.S. Stocks Primed for Takeovers, Goldman Sachs Says (Bloomberg)
Heartland Payment among those mentioned.

Hands On: WiMAX in Philadelphia (Media Experiences 2 Go)

Comcast: Programmers Control 'TV Everywhere' Ad Model
Exec Cites Uncertainty Over Consumer Tolerance For Ad Load Online
(Multichannel News)

As DirecTV feud drags on, could Bettman's VS gamble pay off? (Yahoo Sports)

Pfizer gets final clearances for Wyeth acquisition (MarketWatch)

Publicis Closes Razorfish Acquisition; Microsoft Gets 3.3 Percent Stake In Ad Holding Company (paidContent)

Benioff At Oracle Open World: This Could Be A Trend (Enterprise Matters)

Internet Capital Group setting stage for up to $150M in stock sales (Philadelphia Business Journal)

Environmental Tectonics Corporation Announces Second Quarter and Year To Date Fiscal 2010 Results (PR Newswire)

MedQuist Announces Reseller Agreement With Clario (PR Newswire)


Business Week Recognizes Young Philly Entrepreneurs

Plenty of ink (or pixels) for companies with Philadelphia roots in Business Week's 25 2009 Finalists for America's Best Young Entrepreneurs (under the age of 25). Three are currently Philly-based:

Nat Turner, his partners Zach Weinburg, Scott Becker, and Michael Provenzano, and their Philly-based Internet advertising firm Invite Media.

Brian Ruby and his Malvern company Carbon Nanoprobes, which makes molecular imaging equipment for imaging microscopic objects.

Sister and brother Catherine Cook and David Cook and their teen-oriented social networking site of New Hope.

Two others named grew out of Philly's Dreamit Ventures incubator: SCVNGR, now out of Boston, and NoteHall, which is
apparently based in Tuscon.


Philly Tech Events Calendar

Tech Industry Braces for More Antitrust Scrutiny (Associated
Press via New York Times)

Could Del. lose its corporate role? (Wilmington News Journal)

InfoLogix Announces News Related to its Recent Corporate Development Initiatives
Retains SSG Capital Advisors as Investment Banker
(PR Newswire)

Philadelphia 100 Gathers At Penn (The Bulletin)

Daily Links 10/9/09: NBC Employees Worry About Comcast Health Plan

Does Comcast See The Writing on Cable's Slippery Wall? (Business Week)

NBC Employees Fret About Potential Buyer Comcast's Health Plan (Silicon Alley Insider)

Hey Comcast (& ISPs), No One Needs Your Convergence Devices (GigaOM)

How To Build A $170 Million Company From Scratch (Silicon Alley Insider)

Wireless options heating up in Phila. (Philadelphia Inquirer)

Clearwire Married to WiMAX for 2 More Years (GigaOM)

Philly Newspapers' Creditors Can Use Debt They're Owed to Bid for Company, Judge Rules (Associated Press via Editor & Publisher)

Penn prof Kearns addresses a need (Philadelphia Business Journal: Technology Blog)

Does SAP have to give away CRM? (IT Knowledge Exchange: SAP Watch)

SAP, HP to Deepen Ties Around BI (PC World)


Daily Links 10/8/09: Mistras IPO Priced Below Target

Comcast's Rivals For NBC (Forbes)

SAP 2.0 Promises Business Value Over Products: Can It Deliver? (Information Week: Global CIO)

SAP Is Testing Flat-Rate Pricing For Large Enterprises (Information Week: Global CIO)

Mistras prices below range, Omeros at bottom in IPOs (Reuters)
Mistras is based in Princeton Junction.

Feds Investigating IBM Over Mainframe Monopoly (Silicon Alley Insider)
Thought I had accidentally come across a headline from 40 years ago.

Alphion Corporation Announces Selection by BSNL as GPON Technology Provider
GPON network equipment to support deployment of multiple play services in the India Telecoms Network

Comcast Snares a CLEC (Light Reading: Cable Digital News)

Comcast alerts customers to infected PCs
(CNET News)

My Interview With FCC Chairman: No Retreat On Net Neutrality (Washington Post: Post Tech)

Essent, Backed by Goldman Sachs, Buys Triad Assets (Bloomberg)

PivotLink and Boomi Expand SaaS Business Analytics to Over 70 Enterprise Applications (Marketwire)

Revisiting Entrepreneurs Who Ride the Economic Waves (New York Times)

Verisk Analytics of Jersey City raises $1.9B in stock offering (Newark Star-Ledger)

Interead Picks QVC To Launch Its “Cool-er” e-Reader In U.S. (paidContent)

D&E, Windstream merger will cut 290 jobs in Pa. (Central Penn Business Journal)


Google Remembers Invention of Barcode (Drexel Connection)

Google has a barcode-looking thing on its home page this morning. Not sure why. (Update: Explained here). Any discussion of the history of the bar code must include reference to its Philly (specifically Drexel) roots.
See Drexel Press Release.


Anexinet Expands Into New Corporate Headquarters (PR Web)

Analyst: Swap Comcast for Time Warner (Barron's: Tech Trader Daily)

U.S. Internet Ad Revenues Decline 5.3% In First Half 2009 (TechCrunch)

Rival banks targeting TD customers after computer crash (Philadelphia Business Journal)

SAP's feet put to the fire (ZDNet Blogs)

Cable-Tec Expo Tries Something New
(Light Reading: Cable Digital News)

Developers: The Verizon Wireless LTE Innovation Center Lab Opens (PR Newswire)


Philly Tech Events Calendar

Could Liberty Latch Onto NBCU?
Vivendi Stake Sparks Interest From Comcast, Maybe Others
(Multichannel News)

At Philadelphia Bankruptcy Hearing, Judge Questions Management Case
(New York Times: Media Decoder)

Questions continue to swirl around Comcast venture (Philadelpia Inquirer)

Comcast looks to future in bid for NBC Universal (Associated

Roberts to Team Comcast: "We'd like to find ways to accelerate" Cable Channels' Growth (Business Week)

Comcast, GE Talking on NBC Universal

Comcast denies it has deal to buy NBC Universal (Reuters)

Comcast Linked to NBC Universal Stake (Wall Street Journal: Deal Journal)

In Their Own Words: Comcast’s Case for–and Against–an NBCU Deal (All Things Digital: MediaMemo)

Analysts React to Comcast NBC Talks (Wall Street Journal: Digits)

More on Comcast-NBCU Deal Talks: Spinoff and Majority Stake Ideas Floated (paidContent)

Comcast wants to be the next Liberty Media (LA Times: Company Town)
" 'Cheese steaks for everyone', cracked one NBC Universal insider".