Entrepreneur Latest to Launch Social Network

first_imgJust last week, Wired magazine announced the launch of Wired Biz, a niche social networking site for entrepreneurs and business owners. The site, Wired says, gives small business owners a platform for information sharing and “encourages collaborative problem solving.”In March, BusinessWeek partnered with LinkedIn to create a social network. In February, Fast Company announced the launch of a social networking platform it said was the first to blend journalism with online community.The Irvine, California-based publisher of Entrepreneur magazine went on the block this spring with an asking price of $200 million. Entrepreneur and Austin Ventures were in a due diligence phase and the deal was set to be finalized in mid- to late July, according to sources close to the deal. The state of the credit market, however, proved to be too severe a roadblock for the sale to go through.“There are several reasons for this,” CEO Peter Shea wrote in a memo obtained by FOLIO:. “One being that I decided that I am not ready to retire, another reason being that the debt market has made it a very difficult market for [buyout] funds to raise debt financing at a reasonable multiple and percentage rate.” Fresh off the announcement by its CEO that Entrepreneur Media is no longer for sale, Entrepreneur.com, the company’s flagship Web site, has launched Entrepreneur Connect, a social network for small businesses.The site purports to be a “business-to-business marketplace designed specifically for entrepreneurs.” Sprint has signed on to be the launch sponsor.Entrepreneur’s social network joins a growing list of rival magazines launching business-focused Web communities.last_img read more

Curious koala in Australia sneaks inside a parked car to cool off

first_img Share your voice Only in Australia – after a local winemaker left the car door open, a curious koala decided to take advantage of the air-conditioning. We speak to the winemaker in 7 News at 6pm. #7News pic.twitter.com/fKWCKTFguF— 7 News Adelaide (@7NewsAdelaide) March 19, 2019 Watch a kangaroo attack a landing paraglider in Australia Romeo, the ‘world’s loneliest frog,’ finally gets a crack at love Venomous toads hitch ride on a massive snake to escape storm How to survive deadly animal attacks This curious koala got to cool off inside an air conditioned car in Australia, thanks to this patient winemaker.  Tim Whitrow/Facebook Be sure to keep your car doors closed during a hot day in Australia, or you could end up with a koala as a new carpool buddy.That’s exactly what happened to South Australian winemaker Tim Whitrow. Whitrow had left the doors open and the air conditioning on in his parked car so his dog could get in and out of it while he briefly went to check on the grapes at his family’s vineyard.  When he returned there was a surprising new passenger in his vehicle.”As I was moving to another part of the vineyard, I noticed that someone else was also in the car enjoying the air-conditioner,” he wrote on his Facebook page on Sunday.Whitrow filmed the encounter, showing the curious koala crawling around in the backseat of his car, with his slightly confused dog looking on. “This is what happens when you leave your car doors open in a vineyard; koalas jump into your car,” Whitrow said in the video.  23 Photos Sci-Tech Post a comment Whitrow decided to drive the koala to a nearby scrubland to release it back into the wild. When he parked the car to let the marsupial out, the stubborn koala decided to instead climb onto the front seat to enjoy the air conditioner even more. Eventually, the koala was coaxed out of the car, but not before leaving several gouge marks across the car’s dashboard. “It took a fair bit of convincing to get the feisty little fella out,” Whitrow said on his Facebook page. 0 Tags More unusual animal newslast_img read more

Obama Heads to Silicon Valley to Discuss Hacking Threats With CEOs

first_img This story originally appeared on Reuters 3 min read February 13, 2015center_img President Barack Obama will meet with chief executive officers on Friday at a summit in Silicon Valley held by the White House that aims to build support for beefing up cyber security laws in the wake of massive hacks at Target Corp, Sony Corp and Anthem Inc.Obama will make the case that the private sector and government need to do more to share data about cyber threats in a speech before a crowd of more than 1,000 people from corporations as well as privacy and civil liberties advocates.”By getting this right, businesses and people around the world will continue to want to store data with American companies, do business with American retailers, bank with American firms and carry around American smartphones and other devices,” Jeff Zients, director of the White House National Economic Council, told reporters.Obama will give a speech at 11:20 a.m. PST (1820 GMT).He will also meet privately with a small group of business leaders, part of an effort to mend fences with tech companies still angry over damage to their businesses when government surveillance practices were exposed by former National Security Agency contractor Edward Snowden.Upset about the lack of reforms to those practices, the CEOS of Google Inc, Facebook Inc and Yahoo Inc are not attending the Stanford conference. But Apple Inc’s chief executive, Tim Cook, will give an address.A long roster of other CEOs will attend, including those from Bank of America, American International Group and Visa.Obama is set to sign an executive order aimed at encouraging companies to share more cyber threat data with the government and each other.And he will urge Congress to pass legislation that would offer liability protection to companies sharing cyber threat data.”I think a lot of companies are still uneasy about jumping into the debate now,” said Michael Gottlieb, a former associate White House counsel for Obama.”Unless more work is done to give a lot of these companies greater comfort, they may not be as enthusiastic about supporting those bills, so you may not get the level of Republican support that you need as a result,” said Gottlieb, who now specializes in data privacy and cyber security law at Boies, Schiller & Flexner LLP in Washington, D.C.On the flip side, privacy and consumer rights advocates want to make sure companies are held accountable for data breaches that could have been averted, Gottlieb noted.(Additional reporting by Joseph Menn, Jim Finkle and Warren Strobel; Writing by Roberta Rampton; Editing by Leslie Adler)last_img read more