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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Toshiba works on instant voice translation software for cell phones

Submitted by admin on January 6, 2010 – 2:28 amNo Comment

a02bb852036 w500.jpg Toshiba works on instant voice translation software for cell phones

It makes a lot of sense, but it seems to be hard to realize: Using the cell phone for instant voice translation of basic sentences whenever you’re in a foreign country. But Toshiba is one of the companies working on this, and apparently they’re almost ready to offer a decent solution. Their translation software, in its current iteration, enables cell phones to interpret between English, Chinese and Japanese. Toshiba says that the database, used on their TG01 “smartphone” (pictured above), for example, boasts a database of 30,000 words spoken in each of these languages. Toshiba optimized existing PC software for use in cell phones, which obviously have less processing power. All that users need to do is to speak into the phone in any of the three languages, let the handset analyze what you said, translate the sentence and say it out loud in the language desired, using …

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