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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The apocalyPS3 ends in global resurrection, ARM chip at fault

Submitted by admin on March 3, 2010 – 3:41 amNo Comment
29aa730fc9j9h6g5.jpg The apocalyPS3 ends in global resurrection, ARM chip at fault

The early belief that the PSN was spreading a brickitis infection to PS3s around the world has turned out to be not quite accurate. Yes, PSN was inaccessible over that extremely stressful day (for PS3 owners, the rest of us have been quite fine, thank you), but we’re hearing from Eurogamer that the villain in this story was an ARM chip inside the console — the very same one, in fact, that led to a few Zunes losing their minds back in 2008. The big problem here was simply a bit of hardware that couldn’t get its bearings straight after expecting 2010 to be a leap year, and the arrival of March 1 “fixed” everything for all eight affected PS3 SKUs (of a total of eleven). That leaves Sony with four years to make sure this problem isn’t heard from again, and if it doesn’t, we’ll be placing blame for the real 2012 apocalypse firmly on Howard Stringer’s shoulders.

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