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Category: Business/Technology

These $500 leggings are no ordinary workout clothes. They’re Bluetooth smart.

Milwaukee Journal Sentinel

Noted: Holtzman assembled a team of friends with varying experiences to form Torq Labs’ group of six co-founders. The team first met in November 2015. By the beginning of 2016, they had a prototype and established a company, Torq Laboratories Inc. Five of the six co-founders graduated from the University of Wisconsin-Madison. The sixth went to UW-Milwaukee.

Foxconn’s promised jobs boom could sputter a few miles away in Racine

Milwaukee Journal Sentinel

Noted: At the request of the Milwaukee Journal Sentinel, the leading ACE researchers at UW-Madison aggregated five years of statewide data, from 2011 through 2015, and broke out results for the four ZIP codes that cover the City of Racine. The four main ZIP codes encompass the urban center but also reach well into the suburbs, including the affluent lakefront Village of Wind Point, home of the Frank Lloyd Wright-designed Wingspread campus for the Johnson Foundation.

5 things to know about food delivery app EatStreet as its rapid national growth continues

Milwaukee Journal Sentinel

The Madison-based food ordering and delivery app EatStreet is one of the recent success stories in the Wisconsin startup scene. The company founded in a dorm room at the University of Wisconsin-Madison in 2010 has become a real player in the online food ordering business across the United States. EatStreet connects diners in more than 250 cities to more than 15,000 restaurants.

Who’s going to win the Amazon hustle?

Chicago Tribune

“He is one of those executives who wants to be remembered as being on the right side of history,” said Thomas O’Guinn, a marketing professor at the University of Wisconsin at Madison School of Business. “Part of the quid pro quo is there will be none of this stupid gender bathroom stuff. They are going to demand that the city do everything it can to fight voter suppression. They are going to demand high attention paid to meaningful spending on the environment and more efficient greenhouse reductions.”

Amazon’s HQ2 Search Is About Politics, Too

Bloomberg

Quoted: “He is one of those executives who wants to be remembered as being on the right side of history,” said Thomas O’Guinn, a marketing professor at the University of Wisconsin school of business. “Part of the quid pro quo is there will be none of this stupid gender bathroom stuff. They are going to demand that the city do everything it can to fight voter suppression. They are going to demand high attention paid to meaningful spending on the environment and more efficient greenhouse reductions.”

WashU, Wisconsin take battle over AbbVie drug patent to court

Chicago Tribune

Washington University in St. Louis is challenging the Wisconsin Alumni Research Foundation, which handles licensing for the University of Wisconsin-Madison, citing “shabby treatment” by its former partner. It’s seeking more than $38 million of the royalties the foundation gets from the sale of an AbbVie kidney disease drug.

Tom Still: In Wisconsin’s quest to produce more workers and startups, don’t forget liberal arts

Wisconsin State Journal

What’s missing in the UW-Stevens Point conversation, which has attracted notice nationwide, is an honest assessment of what employers expect from college graduates they hire. Do they want an emphasis on STEM disciplines – science, technology, engineering and math — or a liberal arts background that may be more adaptable?

How to make your cover letter shine

Wisconsin State Journal

Cover letters are powerful tools in your quest for a new job. A good one can get you an interview and make you a top candidate. Even if the position you’re seeking doesn’t require much writing, it’s important to demonstrate your communication skills and tailor your message to both the employer and the job. Here are some tips for crafting a compelling message.

Virtual clues

Isthmus

In a recent study, two UW-Madison researchers conducted an experiment having subjects play a virtual reality version of the arcade game Pong. Wearing an Oculus Rift headset, the participants were tasked with whacking a virtual ball with a virtual paddle.

Palmer’s Steakhouse owners working to create $1 million endowment for transplant research

Milwaukee Journal Sentinel

Noted: Their new goal will be no small feat. They are working to create the endowment at UW Health for transplant research, with the help of a $500,000 donation. UW-Madison donors John and Tashia Morgridge will give $500,000 to create an endowment in Tony’s name, but to get the money the Arenas family must match that donation in five years.

The Demise Of The Full-Time MBA

Forbes

Wake Forest halted its two-year full-time program in 2014. In August, the University of Iowa’s Tippie College of Business announced it was shuttering its full-time MBA program. And in October, the University of Wisconsin—one of the nation’s oldest and most prestigious public business schools—suggested it might as well.

Polisis AI Reads Privacy Policies So You Don’t Have To

Wired

Today, researchers at Switzerland’s Federal Institute of Technology at Lausanne (EPFL), the University of Wisconsin and the University of Michigan announced the release of Polisis—short for “privacy policy analysis”—a new website and browser extension that uses their machine-learning-trained app to automatically read and make sense of any online service’s privacy policy, so you don’t have to.

Here’s a sweet recipe for cheap, green plastic—sugar and corncobs

Science

Plastic has a huge carbon footprint: Producing the petroleum-based material accounts for at least 100 million tons of carbon emissions each year. Now, a team of researchers at the University of Wisconsin in Madison has invented an inexpensive way to make plastic with a much lighter touch, from sugar and corncobs. If it can be made cheaply enough, the material could one day replace one of the world’s most common plastics—polyethylene terephthalate (PET)—found in food packaging, soda bottles, and even polyester fabric.

Beer school – and U.S. Brewers Academy – coming to Milwaukee

Milwaukee Journal Sentinel

Quoted: Ryder, who teaches fermentation sciences in the College of Agriculture and Life Sciences at the University of Wisconsin-Madison, wants the class to be geared to “regular people.” Ryder doesn’t imagine he’ll make brewers out of his students. He just wants to round out their knowledge “so they won’t feel intimidated about some of these beers. People don’t know what’s a good beer and what’s a bad beer and why.”

Maps As Storytelling

Wisconsin Public Radio

A new startup project out of the University of Wisconsin-Madison’s Discovery to Product program sees maps as storytelling. We speak with LifeMapping founder and UW-Madison grad Dean Olsen about how the twists and turns in his own life inspired him to create the software.

Klement’s Sausage names industry veteran as new CEO

Milwaukee Journal Sentinel

Quoted: “Being a University of Wisconsin-Madison graduate and a resident of Wisconsin for most of my life, I understand the passion and dedication that the Klement family and all our current and former employees have shared to make Klement’s one of the leading sausage brands in the U.S.,” Danneker said in the statement. “I look forward to continuing to grow Klement’s strong position in Milwaukee and Wisconsin and to sharing our love of sausage with consumers throughout the country.”

CEOs’ Risk Jobs if Taxes Differ Too Greatly from Competition

CPA Practice Advisor

Noted: Enacted in 2002 in response to jolting financial scandals at Enron, WorldCom and other major companies, SOX instituted a considerable tightening of federal corporate regulation. In the words of the study, by James A. Chyz of the University of Tennessee and Fabio B. Gaertner of the University of Wisconsin–Madison, the “post-SOX period coincided with increased IRS scrutiny of aggressive tax positions and legislation that led to increased regulatory scrutiny over the tax function. Consistent with increased pressures to be less tax-aggressive, we find that being in the lowest quintile of benchmarked tax rates [became] influential in predicting CEO turnover… This is consistent with boards responding to…increase[d] political and reputational costs surrounding tax avoidance.”