The Boston Business Journal reports on nine deals this week totaling $62 million.
The father of Ethernet is now a clean-tech venture capitalist - who thinks the answer is to find energy sources abundant enough to be "squanderable," Mass. High Tech reports:
... "When you're a hammer everything looks like a nail," he said. "I'm a networking guy so everything looks like a network to me."
Metcalfe believes the lessons learned building the Internet can be applied to the world's energy problems. Hence the controversial stance on consumption.
Rather than have the former tire store on Boylston Street in the Fenway sit empty until the financial picture improves, developer Steve Samuels has leased it to the Marshall's Farm Stand people from Gloucester. Next door is a new fitness gym, CrossFit Fenway. Marshall's has the best thing ever for an in-town farm stand: on-site free parking. Grand opening Saturday.
GREAT idea -- welcome, folks. And thank you, Steve Samuels.
Creation of $1-billion companies over the past five years, according to Mass. High Tech: We have five, they have four. That still didn't stop one Mass. startup from moving west because:
Boston is great for singles or doubles, but if you want to shoot for the home run or strike out, it's better out West.
The Boston Business Journal interviews a top bank honcho, who says there are other ways to expand in the area besides opening new branches - such as installing more ATMs and online.
Wicked Local Arlington reports that Sheriff's deputies closed the Mill Street Brigham's on Friday the 13th after its owner, Deal Metrics LLC of Baltimore, failed to pay rent. The restaurant adjoined the company's now-closed ice cream factory.
Edward Tansey of Maine filed suit today in US District Court in Boston against 3Com, based in Marlborough. He alleges the $2.7-billion deal enriches 3Com executives while failing to adequately compensate shareholders.
After falling far behind other areas during the boom years, Boston has been making up lost ground during the Great Recession. That, at least, according to a new study from the Milken Institute that ranks metropolitan areas by their success at creating and sustaining jobs and economic growth, with a heavy emphasis on technology.
The recent opening of Jerusalem Trading on Poplar Street in Roslindale Square (where that African discount store used to be) ends the giant-ceramics drought that's plagued Roslindale ever since Nancy's on Belgrade Avenue shut down this past spring.
The store looks to carry a complete line of life-size and near-life-size ceramic animals, including a ceramic peacock for only $119.99, and, naturally, snarling ceramic tigers. Also in stock: Ceramic figures of 17th-century European nobility and, of course, ceramic-flower-bedecked ceramic pillars on which to display all your ceramics. Also available: Furniture, which appears to be made of non-ceramic materials, such as wood.
Comcast thinks that its customers won't notice if it increases their monthly service charge by $2, if they call it an "equipment charge" increase rather than a service charge increase. They're increasing their revenue by $358 million per year without taking on any additional costs or providing any additional services. Consumers, fight back!
Please visit http://digg.com/tech_news/Comcast_sneaks_in_rate_i... to read more and help me publicize Comcast's most recent attempt to cheat its customers.
Boston Licensing Board Chairman Daniel Pokaski said today he would oppose a request to extend the hours of a new Chinese take-out place on Harvard Avenue from midnight to 3 a.m. unless he hears support from nearby residents.
The board put off any action on a request from Unique Chinese, 145 Harvard Ave., until after a meeting next week of the Allston Civic Association. The association meets at 6 p.m. on Wednesday at the Honan Allston Library, 300 North Harvard St., and has the restaurant's hours on its agenda.
The credits have rolled for the Centre Street Blockbuster - although there's now a cheery note on the front door advising former customers to put their old movies through the slot if they don't want to hear from a collection agency.
In other Centre Street news, it's a bit of a shame the West Roxbury BPL branch couldn't have opened before cool weather after some recent renovations - because the first thing that hits you now when you enter is the smell of paint, and not in a good way.
An Illinois man says fees charged by Zipcar on top of its normal charges (such as late fees and forcing people to reserve a car for an hour if they remember later in the day they forgot something in the car) are unfair and violate Massachusetts law, so yesterday he filed suit in US District Court in Boston, seeking $5 million for himself and other Zipcar customers (and, of course, his lawyers).
Xconomy interviews Alex Rives, who's spent much of the past year hanging out in coffee shops near MIT and Harvard Medical School as he scoped out the area for investments.