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Archive for December, 2007

Via WickedLocal via the Wellesley Townsman, we find the trickle-up of the housing crisis:

…between January and October 2006, there were no residential foreclosures in town; during that same period this year, there were four.

Word is the affected families had to switch from Whole Foods to Stop N’ Shop. This is about the time when people start REALLY paying attention, right?

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Androids, The Good Kind

This Mass High Tech story about the FDA Foxboro’s Cyberkinetics was useful only in pointing out that was a company in Foxboro called Cyberkinectics. Well, that and it pointed out that they are trying do something minor, like cure paralysis or something:

Cyberkinetics’ Andara OFS (Oscillating Field Stimulator) system is a nerve growth stimulator designed as a treatment for acute spinal cord injuries. The device is designed to be implanted in patients within 18 days following a spinal cord injury to stimulate nerves to grow across the area of injury.

OK, not exactly cure, but aid those who’ve suffered spinal cord injuries. From CK themselves:

Results from a ten-participant, Phase Ia trial published in the January 2005 issue of the Journal of Neurosurgery: Spine, reported that all participants showed statistically significant improvement in sensation and some improvement in movement, including hand, arm and leg movement. For those with cervical spinal cord injuries, for example, there is evidence of a two-segment improvement, or the functional difference between non-movement of an arm or hand and the ability to grasp a utensil to feed oneself.

And a vid for the busy is here. This seems fairly radical. So why is it only Mass High Tech that is giving developments here ink? What more interesting business could there be to cover?

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As the Globe Turns

The NYTCo, parent of the Globe, expects 1 to 2 percent higher revenues in November. Maybe a bonus for Globe staffers? (Via WSJ)

The company also expects staff-reduction costs of $14 million to $16 million in the current quarter. The New York Times announced the layoff of about a dozen support-staff jobs last month. The company sees cost savings of some $230 million the next two years, including $130 million in 2008.

Eep. Or maybe not.

The WSJ via Marketwatch also has an interesting look at the advantage that Curt Schilling has in the entrepreneur market, comparing his experience with that of fellow entrepreneur Mark Rukavina:

At the Sofitel Hotel, tucked between the massive Oracle Corp. campus and Highway 101, Rukavina and Schilling were among dozens of entrepreneurs that got their turn in the spotlight in front of an audience of venture capitalists and entrepreneurs. …The buzz his presence created doesn’t compare to opening day at Fenway Park, but it did turn normally mild-mannered venture capitalists into giddy schoolboys hoping to shake the hand that catapults a baseball 95 miles per hour. Even Rukavina, sitting anonymously yesterday at a round table in the main ballroom hours before presenting the business plan of Scottsdale, Ariz.-based iMemories Inc., said he was “kicking himself” for scheduling a meeting during Schilling’s on-stage interview.

Yeah, I could see how it would get him an audience. But I’d think, you know, profit would come before fandom. Well, in most cities, at least.

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