A graduate of Excelerate Labs in Chicago, SpotHero wants to act as a parking spot broker for the big lots as well as offer consumers the cheapest parking rates through its mobile apps. The company’s $2.5 million round was led by Battery Ventures. Read more »
Comcast plans to raise its broadband cap to 300 GB per month as it trials two new types of caps. The move is welcome one, but it neglects to address some of the net neutrality complaints that have arisen in the last few weeks about Comcast. Read more »
A Senate subcommittee pressed Verizon and Comcast on two big questions Wednesday: Are they colluding to drive up broadband prices? And does Verizon really need the spectrum it’s buying from the cable operators, or is it just placing it out of competitors’ grasp? Read more »
Wednesday’s Senate hearing on Verizon’s spectrum deal with the cable operators certainly isn’t going to be a love fest. Verizon and Comcast will square off not only against its toughest critics – The Free Press and the RCA – but the unions as well. Read more »
Of 39 startups who have participated in TechStars through this spring, six have been acquired, five have failed, and 28 are still active. If nothing else, you have to love that level of transparency. In an interview, founder David Cohen shared more. Read more »
Conventional wisdom says now is a great time to start a business, but the economic reality makes such a prospect a daunting one. Funding — be it in the form of credit-card debt, personal loans or venture capital — is scarce, and leaving any sort of […] Read more »
Listening to the FCC hearing today, which was called in response to Comcast throttling BitTorrent traffic on its network, it seemed like Chairman Kevin Martin may be rethinking his laissez-faire stance on Network Neutrality. Martin said that network management practices should be “open and transparent” to […] Read more »
