The Latest News in Technology, Business & Entertainment
There has been a lot of news in the technology industry lately, which has included more technology start ups today securing funding from non-traditional resources.
In the past, most technology start ups secured the majority of their start up capital from investors in Silicon Valley. However, this trend has recently started changing due to venture capitalists becoming much more selective and cautious about their investments. The current economic conditions has also contributed to this changing trend as well. Because of the economy, most venture capitalists simply don’t have the same amount of available funding as they did several years ago. As a result of this, start ups in need of capital are turning to individuals and private corporations. These type of non-traditional resources can be found on newly launched technology funding websites. These sites have been springing up in the past few years, and they were created in order to provide start ups a financing alternative. In order to apply for funding on these sites, a company has to submit a current financial report and also write a formal request of how much money they need. Afterward, online investors review this information to determine if it fits their current portfolio. On these type of sites, investment amounts generally range from five thousand to three hundred thousand dollars.
In addition to technology, other fields generating a lot of news lately include business and music. On the business front, more companies today are shifting their advertising budgets away from magazines and radio, and shifting them toward online marketing channels. The majority of these channels are being launched on sites like YouTube and Netflix. One major company that has launched several online marketing channels is the Time Warner corporation. To date, the company has seen a marginal level of success using this alternative advertising option.
In regards to news in the entertainment field, there is expected to be an even greater focus on computer animated films in 2013. Due to the success of computer animated films like Shrek Forever and Toy Story 3, the animated film industry is expected to grow by thirty seven percent over the next few years. This increase is also expected to generate hundreds of new jobs.
Posted in Uncategorized