Author: WTN News

Biotech investor Steve Burrill is out raising a $1 billion fund to support the massive bioscience project planned for Elk Run, near Rochester, though he has “no checks yet.” Burrill plans to use half the proposed fund, or $500 million, to support construction of the 2,300-acre...

Earlier this month Google announced a new operating system called Chrome. It’s meant to transform personal computers and handheld devices into single-purpose windows to the Web. This is part of a larger trend: Chrome moves us further away from running code and storing our information...

The Office of the National Coordinator for Health Information Technology (ONC) health IT policy committee voted Thursday on long-awaited recommendations from its workgroups on how providers can qualify to receive incentives through the new stimulus package. As part of a mandated series of steps the ONC...

Four employees of a consulting firm billed more than $200,000 apiece in five months for work on a University of Wisconsin System information technology project, according to a review by The Associated Press. Advertisement Another 10 employees of Chicago-based Huron Consulting Group charged at least $100,000 during...

Although many marketers have been asked to slash their budgets due to the economy, Social media programs are still growing for companies. Forrester’s first quarter 2009 CMO Recession Online Survey said social media spending will continue to grow for nearly half (47 percent) of the companies...

We’ve all heard about Obama’s promise for government transparency, but what about IT transparency? First, what is transparency? Transparency is basically defined as openness and accountability in all areas of business. Obama’s promise for an “unprecedented” level of government transparency has caused many business organizations to...

When companies start up, often the first place they look for seed financing is from friends and family. As frequently as they occur, there is very little available on the details of what consists of a “good” friends and family financing. In this...