Strategic Sharing: Zipcar Leads $13.7M Investment In Campus Car-Sharing Startup Wheelz
February 22, 2012 – 8:25 am | No Comment

Well, you have to hand it to the strategy team over at Zipcar . Arguably the largest on-demand car-sharing network, Zipcar went public last year and not long after saw its market cap cross $1 billion . It’s since fallen back, and with collaborative consumption and the market for car-sharing heating up, the big players have to make moves. Zipcar has since forged a partnership with Ford, making it the largest provider of cars for Zipcar’s University program , and, in December, the company took a controlling stake in Spain’s largest car-sharing network, Avancar . Today finds Zipcar making another strategic move to get its mitts in fellow car-sharing companies, again with a focus on universities, whose students are among the most eager adopters of car-sharing models. What do I mean? The company today announced that it is a lead investor in the $13.7 million series A financing of Wheelz , a junior, university-focused version of itself. The Detroit-based Fontinalis…

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Nokia vs. Apple patent fight heating up

Submitted by admin on December 30, 2009 – 10:05 amNo Comment

d7a0b38186a logo.jpg Nokia vs. Apple patent fight heating up
While Nokia and Apple are fighting hard in the courts over a patent case, Nokia has gone even further, and has filed a complaint with the Internal Trade Commission, where it alleges that Apple’s iPhone infringes on several patents ranging from user interfaces to cameras, antennas, and power management as well. The Internal Trade Commission has the right to ban imports and sale of items in relatively short notice, and is mostly used to pirated goods coming from China etc.

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