September 13, 2011 |
The House of Representatives on Tuesday quickly and unanimously passed a bill temporarily extending funding for the Federal Aviation Administration and federal highway programs. Funding for more than a million federal employees and construction jobs was set to expire by Oct. 1 if extensions were not passed, and though both parties had their misgivings about the bill, no House members wanted to be tied to such a job loss. The FAA's funding through Jan. 31 comes from the 22nd consecutive extension bill since the last long-term funding bill for it expired in 2007.
August 2, 2011 |
Twitter Inc. doesn't seem to be in any hurry to offer its shares to the public. Instead it has raised another round of funding from some very deep-pocketed and plugged-in private investors. The San Francisco company acknowledged a "significant" round of funding from preexisting investors and new investor Digital Sky Technologies, the investment engine run by Russian billionaire Yuri Milner. Milner has significant stakes in social networking's hottest companies, including Facebook Inc. People familiar with the funding peg it at $800 million, which would make Twitter worth $8 billion.
CALIFORNIA | LOCAL
April 29, 2013 |
States are spending less on pre-kindergarten programs than they did a decade ago, according to a report released Monday. The National Institute for Early Education Research released the State of Preschool 2012 report, calling the last school year “the worst in a decade for progress in access to high-quality pre-K for America's children.” California state funding per child fell by more than than $400 compared with the previous year, and...
April 18, 2012 |
Venture capitalists, shmenture capitalists. That is not what Eric Migicovsky said to himself when he went out to get funding for a new smartwatch he and his team developed called Pebble. Migicovsky, who had some critical success with a Blackberry-compatible smartwatch called the inPulse, was hoping to fund his next venture the traditional Silicon Valley way -- through angels and venture capitalists. The new smartwatch would be compatible with the Android and iPhone, linking to the smartphone via Blue Tooth and would also have an e-paper screen that could easily be read in sunlight, as well as the ability to show emails, tell you who is calling on your phone, and serve as a bike computer for avid cyclists.
September 13, 2011 |
The House of Representatives on Tuesday quickly and unanimously passed a bill temporarily extending funding for the Federal Aviation Administration and federal highway programs. Funding for more than 1 million federal employees and construction jobs was set to expire by Oct. 1 if extensions were not passed. Though both parties had misgivings about the bill, no House members wanted to be tied to a big job loss. The FAA's funding through Jan. 31 comes from the 22nd consecutive extension bill since the last long-term funding bill expired in 2007.
May 1, 2013 |
Republicans in Congress, long skeptical of the value of some taxpayer-supported research, have taken aim at the National Science Foundation with a bill that seeks to limit the scope of its grants. A draft bill by House Science Committee Chairman Lamar Smith (R-Texas), which was obtained by Science magazine, would require the foundation's grants to “advance the national health, prosperity or welfare” or “secure the national defense.” The current National Science Foundation criteria are broader and allow the foundation to weigh the “intellectual merit” and “broader impacts” of the proposed research. The bill would also require that projects are not “duplicative” of other federally funded works.