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	<title>Mouli Cohen&#187; Bringing South Asian Entertainment To The World | Mouli Cohen</title>
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	<description>Thoughts on Entreprenurial Innovation</description>
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		<title>Bringing South Asian Entertainment To The World</title>
		<link>http://www.moulicohen.com/2010/07/31/bringing-south-asian-entertainment-to-the-world/</link>
		<comments>http://www.moulicohen.com/2010/07/31/bringing-south-asian-entertainment-to-the-world/#comments</comments>
		<pubDate>Sat, 31 Jul 2010 15:00:40 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://www.moulicohen.com/?p=2459</guid>
		<description><![CDATA[Ever since the Academy Award-winning song &#8220;Jai Ho&#8221; made it to hit charts, the music world has been wondering if other South Asian talents can go global as well. Written by the Indian composer A.R. Rahman for &#8220;Slumdog Millionaire&#8221; back in 2008, the song features a mix of a catchy dance beat with a distinctive [...]]]></description>
			<content:encoded><![CDATA[<p>Ever since the Academy Award-winning song &#8220;Jai Ho&#8221; made it to hit charts, the music world has been wondering if other South Asian talents can go global as well. Written by the Indian composer A.R. Rahman for &#8220;Slumdog Millionaire&#8221; back in 2008, the song features a mix of a catchy dance beat with a distinctive Indian flavor.</p>
<p>This line of thought was taken up by Universal, the largest of four major record companies. They believe that perhaps there is room in the Western audiences&#8217; auditory palate for more of the spice of South Asian music. Teaming with Desi Hits!, a New York-based company promoting South Asian entertainment on its website DesiHits.com, Universal plans to create a label for musicians with South Asian roots. Through this label, the record company&#8217;s ultimate goal is to give South Asian music and its artists global exposure.</p>
<p>&#8220;It&#8217;s far from a vanity project for us,&#8221; said David Joseph, chief executive of Universal Music U.K. For him, South Asian pop music holds great potential as a relatively untapped art, presenting a huge amount of opportunity.</p>
<p>The new label, called Desi Hits! Universal, would give the music genre a &#8220;home,&#8221; a way for the music to be shared with Western audiences. According to Anjula Acharia-Bath, chief executive of Desi Hits!, after the success of the 2008 hit, &#8220;everyone saw that with some resources some of these songs really popped.&#8221;</p>
<p>Although mainstream western acts and Indian music have shown some mingling, the success of Desi Hits! Universal could be an excellent untapped resource for those looking for the next new sound. And, modernizing some of the more traditional South Asian music with elements from pop music can bring it to a wider audience, even within its country of origin. &#8220;Jai Ho&#8221; showed the ability of good music to transcend cultural affinities. I look forward to more endeavors that get the music of a rich culture reach out to more of the world.</p>
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		<title>New South Wales on the Brink of Fiber Optic Network for Education</title>
		<link>http://www.moulicohen.com/2010/07/14/new-south-wales-on-the-brink-of-fiber-optic-network-for-education/</link>
		<comments>http://www.moulicohen.com/2010/07/14/new-south-wales-on-the-brink-of-fiber-optic-network-for-education/#comments</comments>
		<pubDate>Wed, 14 Jul 2010 15:00:37 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[A recent report reveals that the Australian New South Wales (NSW) Department of Education&#8217;s Fiber Optic broadband project is ahead of schedule. Telstra Corporation Limited, which agreed to have the project finished by September, has already laid out 99 percent of the 4500km fiber optic network.
&#8220;There has been no delay with the project, which is [...]]]></description>
			<content:encoded><![CDATA[<p>A recent report reveals that the Australian New South Wales (NSW) Department of Education&#8217;s Fiber Optic broadband project is ahead of schedule. Telstra Corporation Limited, which agreed to have the project finished by September, has already laid out 99 percent of the 4500km fiber optic network.</p>
<p>&#8220;There has been no delay with the project, which is running on schedule, and no recent issues have emerged that affect its delivery,&#8221; a spokesman for the Department of Education said. Fewer than 30 of the estimated 2400 schools and Technical and Further Education sites left to be connected to the network.</p>
<p>The project will be a good complement to the $158m Connected Classrooms program, which is part of the Building the Educational Revolution (BER). BER is a national program sanctioned by the Australian government and administered by the Department of Education, Employment and Workplace Relations that is projected to cost AUD16.1 billion. BER is part of an economic stimulus package meant to address the recent financial crisis, which largely entails the refurbishing of school facilities and the funding of other environmental programs.</p>
<p>According to The Australian, NSW is already experimenting with virtual classrooms with students in the state&#8217;s central and western regions. NSW Education is also looking into other interactive learning methods involving electronic whiteboards and video-conferencing, a technology that Telstra will get to showcase as a part of the Connected Classrooms program. Even blogging is being considered as a potential tool for online collaboration that could be capitalized upon thanks to the new fiber optic network.</p>
<p>In the larger scheme of things, Telstra also agreed to decommission its old copper and HFC broadband networks and transfer all customers to the National Broadband Network for AUD11 billion.</p>
<p>The improvement of infrastructure is usually the solution in dealing with problems that plague the entire nation, even as a part of a global economic slowdown. I think this was a smart move by the Australian government, and now that the world is in recovery, they have only to reap the benefits.</p>
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		<title>Livermore Valley could be California’s Latest Innovation Hub</title>
		<link>http://www.moulicohen.com/2010/02/22/livermore-valley-could-be-california%e2%80%99s-latest-innovation-hub/</link>
		<comments>http://www.moulicohen.com/2010/02/22/livermore-valley-could-be-california%e2%80%99s-latest-innovation-hub/#comments</comments>
		<pubDate>Mon, 22 Feb 2010 16:38:38 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://www.moulicohen.com/?p=1975</guid>
		<description><![CDATA[In a step that could lead to the establishment of a high tech center in Livermore, the California Business, Transportation and Housing Agency has selected i-GATE (Innovation for Green Advanced Transportation Excellence) as one of six applicants to be recognized as inaugural members of the California iHub demonstration program.
I-GATE was submitted to the state by [...]]]></description>
			<content:encoded><![CDATA[<p>In a step that could lead to the establishment of a <a href="http://www.moulicohen.com/press/mouli-cohen-on-automation-innovation-where-we%E2%80%99ve-been-where-we%E2%80%99re-headed">high tech</a> center in Livermore, the California Business, Transportation and Housing Agency has selected i-GATE (Innovation for Green Advanced Transportation Excellence) as one of six applicants to be recognized as inaugural members of the California iHub demonstration program.</p>
<p>I-GATE was submitted to the state by the city of Livermore in partnership with Sandia National Laboratories/California (Program Lead), Lawrence Livermore National Laboratory and several others. Its mission is to maximize the economic impact of green transportation and clean energy technologies through expedited technology transfer, entrepreneurial assistance, collaboration opportunities, academic alliances, and a technology incubator for the development of high-growth green businesses.</p>
<p>The i-GATE initiative is designed to drive the Livermore Valley as the core of an energy resource cluster that would expand to benefit the regional economy and the state of California, create jobs, mitigate climate change, increase energy security, and form an interlocking innovation web.  </p>
<p>The i-GATE hub will be leveraged by LVOC, a joint venture between Sandia and LLNL that will promote greater collaboration between the scientists at those laboratories and their partners in industry and academia. According to Energy Secretary Steven Chu in a press release last year, the LVOC will maximize the return on the nation’s investment in nuclear security. Chu stated, “By leveraging the groundbreaking research of our nuclear security labs through private sector collaborations, we will bring breakthroughs to the market faster and find new solutions to the energy problem.”</p>
<p>I think these developments represent an exciting opportunity to both advance technology in the transportation arena and to increase partnerships with the city of Livermore and local businesses. </p>
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		<title>The World’s Most Respected Companies</title>
		<link>http://www.moulicohen.com/2010/02/19/the-world%e2%80%99s-most-respected-companies/</link>
		<comments>http://www.moulicohen.com/2010/02/19/the-world%e2%80%99s-most-respected-companies/#comments</comments>
		<pubDate>Fri, 19 Feb 2010 16:00:16 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://www.moulicohen.com/?p=1967</guid>
		<description><![CDATA[According to Barron’s latest rankings, The World’s Most Respected Companies are companies whose shares have been strong performers. In fact, when it comes to calculating asset values, Wall Street is never at a loss. Investors pay up for respect, in part because respected companies tend to hold their value longer.
&#8220;Respected companies aren&#8217;t going to fall [...]]]></description>
			<content:encoded><![CDATA[<p>According to Barron’s latest rankings, <a href="http://online.barrons.com/article/SB123457681385686739.html">The World’s Most Respected Companies</a> are companies whose shares have been strong performers. In fact, when it comes to calculating asset values, Wall Street is never at a loss. Investors pay up for respect, in part because respected companies tend to hold their value longer.</p>
<p>&#8220;Respected companies aren&#8217;t going to fall as far in the bad times, and they come back better,&#8221; says David Hartzell of Cornell Capital Management, a participant in the survey that helped produce Barron’s list.</p>
<p>In 2009’s roller coaster market, the <a href="http://www.moulicohen.com/2009/12/21/best-stocks-for-2010">top-ranked stocks</a> generally experienced lower volatility and outperformed during the bear leg. And now, even after the market’s rally, the value of respect is still understood: For the most part, shares of the most respected companies are either above or not much below their bankruptcy levels, and have beaten the market since that crisis erupted. Indeed, Apple, which topped Barron’s list, is above its pre-crisis stock price. </p>
<p>It’s not uncommon to see a few changes at the top of the list’s annual rankings, and this year is no different. Johnson &#038; Johnson, a perennial leader, slipped from No. 1 to No. 2, and Berkshire Hathaway dropped to fifth place from second. The ever-steady Procter &#038; Gamble remained at No. 3, while IBM jumped 10 notches to fourth place.</p>
<p>Survey participants say respected companies have strong management, good governance, valuable products and services, and strong stock returns.  They act ethically and treat their shareholders, customers, and employees well.  And while some money managers name respect as the first cut in their investment process, others say respect is more often the result of a sound investment process.</p>
<p>For my part, respect answers the question ‘Is management going to be a good steward of the clients’ money?’ In my experience, I have seen that respect takes a long time to build and can quickly be destroyed.</p>
<p>View a previously written post by Mouli Cohen about <a href="http://www.moulicohen.com/press/mouli-cohen-on-high-tech-adapt-and-innovate-or-risk-becoming-irrelevant">innovation in business</a></p>
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		<title>Vancouver Olympians Show Dedication to Philanthropy</title>
		<link>http://www.moulicohen.com/2010/02/17/vancouver-olympians-show-dedication-to-philanthropy/</link>
		<comments>http://www.moulicohen.com/2010/02/17/vancouver-olympians-show-dedication-to-philanthropy/#comments</comments>
		<pubDate>Wed, 17 Feb 2010 19:11:52 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<guid isPermaLink="false">http://www.moulicohen.com/?p=1958</guid>
		<description><![CDATA[Many of the athletes competing in the 2010 Winter Olympics in Vancouver are bringing the same dedication to training and competing as they do to supporting their communities and the causes that inspire them. The following are a few of the individuals involved in philanthropic pursuits during this winter’s games:
•	U.S. women’s hockey team captain Angela [...]]]></description>
			<content:encoded><![CDATA[<p>Many of the athletes competing in the 2010 Winter Olympics in Vancouver are bringing the same dedication to training and competing as they do to supporting their communities and the causes that inspire them. The following are a few of the individuals involved in <a href="http://www.moulicohen.com/?s=philanthropy">philanthropic pursuits</a> during this winter’s games:</p>
<p>•	U.S. women’s hockey team captain Angela Ruggiero visited troops in Afghanistan as part of a Goodwill tour. She is also an ambassador for Right to Play, the athlete-driven organization that has used 350 athletes from 40 countries to provide educational teams, sports equipment, and medical supplies to impoverished areas in 20 countries. </p>
<p>•	U.S. figure skater Rachel Flatt is a spokesperson for Reading is Fundamental, and has volunteered as a reader in local schools.</p>
<p>•	Half pipe Olympian Hannah Teter began selling maple syrup called Hannah’s Gold, tapped from trees near the Teter family home in Vermont, in an effort to raise money for underprivileged children around the world. All proceeds benefit World Vision, a Christian humanitarian organization dedicated to tackling the causes of poverty.</p>
<p>•	U.S. biathlete Haley Johnson has adopted a fourth-grade class in her hometown of Lake Placid, N.Y., and is teaching them about recycling and climate change. </p>
<p>•	U.S. hockey player Molly Schaus regularly corresponds to kids through her Save the Children fund. Her teammate, Caitlin Cahow, serves as a coach and G.M. for a girls team that raises money for cancer awareness through its tournament participation. </p>
<p>•	American Kelly Clark, the 2002 gold medalist in the half pipe, has established a foundation to enable young skiers with financial needs to attend mountain academies such as Mount Snow Academy, which propelled her career.</p>
<p>•	Last year, U.S. distance runners Ryan and Sara Hall established the Hall Steps Foundation, funding programs to help youth in poverty throughout the country.</p>
<p>View a previously written post by Mouli Cohen about <a href="http://www.moulicohen.com/philanthropy">philanthropy</a></p>
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		<title>‘Start-Up Nation’ Author Dan Senor Spreads the Word on Israel’s Advances</title>
		<link>http://www.moulicohen.com/2010/01/18/%e2%80%98start-up-nation%e2%80%99-author-dan-senor-spreads-the-word-on-israel%e2%80%99s-advances/</link>
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		<pubDate>Mon, 18 Jan 2010 16:00:14 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[Tiny and facing perpetual adversity, Israel has grown a spectacularly successful entrepreneurial economy in the midst of a global economic meltdown, with $2 billion in foreign investment capital invested there in 2008 alone. 
The country currently has the highest density of startups in the world (3,850, or one startup for every 1,844 Israelis). Over the [...]]]></description>
			<content:encoded><![CDATA[<p>Tiny and facing perpetual adversity, <a href="http://www.moulicohen.com/2010/01/05/the-year-of-entrepreneurs-and-innovation-in-the-middle-east">Israel</a> has grown a spectacularly successful entrepreneurial economy in the midst of a global economic meltdown, with $2 billion in foreign investment capital invested there in 2008 alone. </p>
<p>The country currently has the highest density of startups in the world (3,850, or one startup for every 1,844 Israelis). Over the last few decades, Israel’s high-tech innovations have spread on a global scale.</p>
<p>Dan Senor, author of ‘Start-Up Nation: The Story of Israel’s Economic Miracle,’ wants to make sure people know this. Senor will speak about his book and the Israeli economy 8 p.m. at the Jewish Community Center in San Francisco. </p>
<p>“People find it refreshing to have a discussion about Israel that is not conflict-centric,” said Senor. “While so much of the debate is about the threats and the moral obligation that the world has to Israel, there’s another part of the narrative: what the world can learn from Israel. That’s what we focus on.”</p>
<p>Senor and co-author Saul Singer learned certain conditions unique to Israel have contributed to the country’s mega-million-dollar success. Among the contributing factors: Israel’s pervasive military culture, which fosters independence and quick-minded individuality; that Israel is forced by regional conflicts to export to the world; and Israelis’ ability to innovate on the fly. </p>
<p>Those innovations include everything from PC anti-virus software to the AOL instant messenger and the Intel Pentium microprocessor chip. Israelis also created medical devices such as radiation-free breast cancer diagnostics and the “Gut Cam,” an ingestible video pill camera that diagnoses abnormalities. </p>
<p>I believe the period between 2000 and 2006, during which the second intifada took place, is especially significant in explaining Israel’s economic expansion. Israel’s share of the global venture-capital pie doubled. The country managed to persuade investors to decouple the security threat from the economic situation.</p>
<p>View a previously written post by Mouli Cohen about <a href="http://www.moulicohen.com/press/mouli-cohen-on-innovation-in-israel">innovation in Israel</a></p>
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		<title>The Founders Visa Movement</title>
		<link>http://www.moulicohen.com/2009/09/14/the-founders-visa-movement/</link>
		<comments>http://www.moulicohen.com/2009/09/14/the-founders-visa-movement/#comments</comments>
		<pubDate>Mon, 14 Sep 2009 17:00:36 +0000</pubDate>
		<dc:creator>scottlachut</dc:creator>
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		<guid isPermaLink="false">http://www.moulicohen.com/?p=1075</guid>
		<description><![CDATA[I just read some insightful comments from Brad Feld, picking up on an idea that was originally championed by Paul Graham back in April &#8211; The Founders Visa. Under this conceptual program, entrepreneurs who were in the process of developing start-ups would be granted special visas, enabling them to remain in the country.
Given the United [...]]]></description>
			<content:encoded><![CDATA[<p>I just read some insightful comments from <a href="http://www.feld.com/wp/archives/2009/09/the-founders-visa-movement.html" target="_blank">Brad Feld</a>, picking up on an idea that was originally championed by <a href="http://www.paulgraham.com/foundervisa.html" target="_blank">Paul Graham</a> back in April &#8211; The Founders Visa. Under this conceptual program, entrepreneurs who were in the process of developing start-ups would be granted special visas, enabling them to remain in the country.</p>
<p>Given the United States&#8217; rich history of immigration and the current hotbed issues surrounding it, this is a small concession that could have profound implications for the future of our nation and economy. Logistics aside &#8211; how to define a start-up and what to do if a fledging company fails etc. &#8211; this would be an extremely effective means of injecting innovation at the foundations of our country.</p>
<p>As Paul Graham notes in his original treatise, &#8220;Letting just 10,000 startup founders into the country each year could have a visible effect on the economy. If we assume 4 people per startup, which is probably an overestimate, that&#8217;s 2500 new companies. <em>Each year.</em> They wouldn&#8217;t all grow as big as Google, but out of 2500 some would come close.&#8221;</p>
<p>Given that these individuals would be building new businesses, they wouldn&#8217;t be taking jobs away from Americans, and in all likelihood would be creating more opportunities and industries. Programs that encourage and incentivize the entrepreneurial spirit within our borders are exactly the kind of forward-thinking pathways to progress that we should be pushing for.</p>
<p>[image via <a href="http://www.flickr.com/photos/nromagna/2165112419/" target="_blank">nromagna</a>]</p>
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		<title>Microsoft to Launch Opensource Foundation</title>
		<link>http://www.moulicohen.com/2009/09/11/microsoft-to-launch-opensource-foundation/</link>
		<comments>http://www.moulicohen.com/2009/09/11/microsoft-to-launch-opensource-foundation/#comments</comments>
		<pubDate>Fri, 11 Sep 2009 17:09:28 +0000</pubDate>
		<dc:creator>scottlachut</dc:creator>
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		<guid isPermaLink="false">http://www.moulicohen.com/?p=1070</guid>
		<description><![CDATA[In an effort to get further involved in the growing opensource movement, Microsoft has announced that it will be creating and funding ($1 million annually) the CodePlex Foundation. The initial framing of the announcement, is as a neutral place for companies and developers to share ideas and interact, ultimately increasing the commercial opportunities for all [...]]]></description>
			<content:encoded><![CDATA[<p>In an effort to get further involved in the growing opensource movement, <a href="http://www.eweek.com/c/a/Linux-and-Open-Source/Microsoft-The-Great-Open-Source-Advocate-358970/" target="_blank">Microsoft has announced</a> that it will be creating and funding ($1 million annually) the CodePlex Foundation. The initial framing of the announcement, is as a neutral place for companies and developers to share ideas and interact, ultimately increasing the commercial opportunities for all involved. But the details as far as licensing and board governance have yet to be worked out, so it will be interesting to see the community&#8217;s reactions and willingness to participate.</p>
<p>Regardless, of the how the foundation moves forward, the potential benefits for Microsoft are numerous, given that many of the early projects will likely focus on the their product ecosystem, despite claims that the foundation will be platform agnostic. Ultimately, the possibility of delivering a better product to consumers was perhaps too good to pass up, in spite of the financial outlay. Think of it as money invested in R&amp;D with greater leverage. Depending on the spin, this announcement can also go far in bolstering Microsoft&#8217;s standing in the eyes of the general public as well, the very same people that could be buying their software down the road.</p>
<p><a href="http://port25.technet.com/archive/2009/09/10/Sam-Ramji-is-leaving-microsoft.aspx" target="_blank">Bill Hilf</a>, general manager of Windows Server, explained the decision on his blog:</p>
<p>&#8220;The perspectives on OSS at Microsoft have evolved to the point where Microsoft&#8217;s open source strategy is no longer just locked in a single ‘lab&#8217; on campus &#8211; now OSS is an important part of many product groups and strategies across the company. We have become increasingly clear on where we work with open source &#8211; development methodologies, projects, partners, products and communities &#8211; and where our products compete with commercial open source companies or platforms. Today, there are engineering and business leaders across the company, myself included, looking at how to drive interoperability for customers and as a lever for new growth.&#8221;</p>
<p>[image via <a href="http://www.flickr.com/photos/schoschie/8903529/" target="_blank">schoschie</a>]</p>
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		<title>Google Moves into Solar and Online Payments</title>
		<link>http://www.moulicohen.com/2009/09/11/google-moves-into-solar-and-online-payments/</link>
		<comments>http://www.moulicohen.com/2009/09/11/google-moves-into-solar-and-online-payments/#comments</comments>
		<pubDate>Fri, 11 Sep 2009 14:51:18 +0000</pubDate>
		<dc:creator>scottlachut</dc:creator>
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		<guid isPermaLink="false">http://www.moulicohen.com/?p=1065</guid>
		<description><![CDATA[Despite the recent moves to curtail the tech giant&#8217;s online dominance, prompting most companies to circle their wagons, Google appears to be taking the opposite approach, further diversifying its business model instead. I read this both as a sign of confidence in its current offerings and as a logical next step in order to leverage [...]]]></description>
			<content:encoded><![CDATA[<p>Despite the recent moves to curtail the tech giant&#8217;s online dominance, prompting most companies to circle their wagons, Google appears to be taking the opposite approach, further diversifying its business model instead. I read this both as a sign of confidence in its current offerings and as a logical next step in order to leverage the innovative thinking that is happening within the company. Perhaps, not ever move will be a game changer, but at the very least, it creates more opportunity and forces the competition to keep pace. Two positive outcomes.</p>
<p>In one move (given its strong web presence), Google announced a plan to build on its online payment platform, <a href="http://www.fastcompany.com/blog/kit-eaton/technomix/google-angles-save-newspapers-micropayment-engine" target="_blank">Google Checkout</a>, in a bid to create a universal system that will enable newspapers and other media producers to charge for their content online. Think of it as a gated community for that handles content created across multiple sites.</p>
<p>Google collects the micropayments, either through subscriptions or pay-as-you-go plans and distributes the money based on traffic or some other metric. The benefits for the producers are obvious, assuming they&#8217;re still able to pull in readers, but the boon for Google is twofold. They collect a percentage on the transactions and get to learn more about their audience&#8217;s habits. Which leads me to ask, will the public being willing pay, and will they have any choice?</p>
<p>The other deal is much farther afield. Google announced that it is working hard to improve the <a href="http://www.fastcompany.com/blog/kit-eaton/technomix/google-yes-google-funds-new-solar-power-tech" target="_blank">tech behind solar thermal heating systems</a>. Essentially, seeking to improve the reflective surfaces to generate greater heat and more efficiencies. A plan that follows with its philanthropic quest to develop green technology, but also has the potential for big pay-outs given that the clean energy market is still relatively new.</p>
<p>But what&#8217;s most curious about this move, is that it appears to compete with Google&#8217;s early investments in solar, namely  eSolar and Brightsource. Apparently Google was unhappy with the level of innovations happening within this space and is seeking a more active role. This will have to be another wait and see, but with a working prototype expected in the next few months, it appears we&#8217;ll know soon enough.</p>
<p>[image via <a href="http://www.flickr.com/photos/yodelanecdotal/1449868160/" target="_blank">Yodel Anecdota</a>l]</p>
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		<title>Advances in Offshore Wind Farming</title>
		<link>http://www.moulicohen.com/2009/09/09/advances-in-offshore-wind-farming/</link>
		<comments>http://www.moulicohen.com/2009/09/09/advances-in-offshore-wind-farming/#comments</comments>
		<pubDate>Wed, 09 Sep 2009 20:37:14 +0000</pubDate>
		<dc:creator>scottlachut</dc:creator>
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		<guid isPermaLink="false">http://www.moulicohen.com/?p=1049</guid>
		<description><![CDATA[As we attempt to curb our reliance on fossil fuels and move towards energy independence, I&#8217;m constantly on the lookout for new innovations in green technology that can open new opportunities, both for their environmental benefits and investment potential. So while the idea of offshore wind farms is nothing new, I was intrigued by the [...]]]></description>
			<content:encoded><![CDATA[<p>As we attempt to curb our reliance on fossil fuels and move towards energy independence, I&#8217;m constantly on the lookout for new innovations in green technology that can open new opportunities, both for their environmental benefits and investment potential. So while the idea of offshore wind farms is nothing new, I was intrigued by the <a href="http://news.bbc.co.uk/2/hi/business/8235456.stm" target="_blank">Hywind</a>, a prototype floating turbine design that was launched early this year by Norwegian energy giant StatoilHydro. Given the open &#8220;real estate&#8221; of the world&#8217;s oceans coupled with the strong winds being generated far off the coast, this could create a new option within the existing market.</p>
<p>Currently, the high cost to build and maintain offshore turbines combined with their design constraints &#8211; they are still installed directly into sea beds and require additional stabilization to deal with the stresses of the ocean currents &#8211; they can&#8217;t compete on price with conventional land-based models. But with the Hywind&#8217;s innovative floating design, wind farms could be installed virtually anywhere, in waters with depths up to 2100 feet.</p>
<p>The dynamic turbine design, which employs stabilization technologies already in use on offshore oil and gas rigs, needs further improvements &#8211; lighter materials and blades that spin closer to the water&#8217;s surface &#8211; before it is economically viable and ready to be manufactured on a mass scale, but it&#8217;s early successes have already silenced many critics. Considering the infrastructure to transport the power is relatively inexpensive by comparison, the <a href="http://news.bbc.co.uk/2/hi/business/8235456.stm" target="_blank">Hywind</a> could be an attractive solution further down the road and one to keep an eye.</p>
<p>[image via <a href="http://www.flickr.com/photos/pjh/185488397/" target="_blank">phault</a>]</p>
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