James Thomson, the UW-Madison researcher whose stem-cell discoveries have received significant international attention, has been named director of regenerative biology of the Morgridge Institute for Research.
Category: Business/Technology
Doyle confirms portions of Depp movie to be shot in state
MADISON – Gov. Jim Doyle today announced that portions of the upcoming film “Public Enemies” will be shot in Wisconsin. The movie will be directed and produced by UW alumnus Michael Mann and will star Johnny Depp and Christian Bale.
Universal Pictures reached agreement today with the Wisconsin Department of Commerce on tax credits from the new Film Production Services Tax Credit Program.
For-profit college bill on fast track
A bill that would expand the state’s oversight of for-profit colleges and universities is on a fast track after a long stalemate.
A “modernization” bill proposed by the Educational Approval Board was almost derailed by opposition from the Department of Public Instruction, which feared that the board would infringe on approval of teacher education programs or cause confusion and unnecessary expense for those seeking a teacher’s license.
But after months of stalemate, the board and DPI reached a compromise that protects the exclusive right of the state superintendent of public instruction to approve programs and schools that lead to licensure of teachers or provide professional development for them. The Colleges and Universities Committee in the Assembly is expected to approve the bill this afternoon.
Dillinger gang coming to Wisconsin
Part of a new gangster movie featuring actors Johnny Depp and Christian Bale will be shot in Wisconsin, Gov. Jim Doyle confirmed Tuesday.
Depp will play the role of criminal legend John Dillinger in “Public Enemies,” a film by Universal Pictures and UW-Madison alumnus Michael Mann.
Student’s the boss
Mike Jurken doesn’t think he could get into the School of Business at the University of Wisconsin-Madison – his grades aren’t good enough, and he doesn’t have time to keep up with the competitive atmosphere. Instead, he’s busy running his own company.
Ties to state key for UWâ??s future
One of the enduring legacies Chancellor John Wiley will leave when he steps down in September is the increased non-state funding he has procured for our university. Our endowment has skyrocketed; over the Wiley years, we have joined an elite group of universities with endowments above $1 billion.
Soft-plastic fishing lure earns raves
UW-Madison engineering and business school faculty and students have teamed up with Wisconsin entrepreneur Ben Hobbins to create a more durable fiber-reinforced fishing lure â?? and one that may prevent millions of pounds of toxic PVC, or polyvinyl chloride, from getting left at the bottom of lakes, stream and rivers.
Executive Q&A — Rob Loomis: Cleaning up electrical power
That’s where SoftSwitching Technologies comes in. The Middleton company, at 8155 Forsythia St., makes equipment that corrects the flow of electricity to prevent those power glitches, known as voltage sags or dirty power, from wreaking havoc with factory processes.
Founded in 1995 by former UW-Madison electrical and computer engineering professor Deepak Divan, SoftSwitching boasts a unique technology, whose original patents are held by the Wisconsin Alumni Research Foundation. SoftSwitching ‘s dynamic sag corrector, or DySC (pronounced “disk “), pulls extra power from the electric grid to fill in any gaps in the power flow.
UW offering to fund downtown ID scanners
Beginning in March, UW-Madison will offer electronic ID scanners and free training to select downtown bars and liquor stores in an effort to crack down on underage drinking and the use of fake IDs.
There’s plenty of capital, investor says
Rich in intellectual capital but saddled with attitudes that get in the way of leveraging it, Wisconsin needs to change its culture. So says G. Steven Burrill, the chief executive officer at Burrill & Co., a San Francisco venture capital firm whose funds invest nearly $1 billion in life sciences companies.
Burrill says he isn’t buying the state’s standard argument – that it lacks the kind of capital available on the coasts to fund new companies.
“There is more than enough capital in the world to do all the things that need to happen here, you just need to go get it,” said Burrill, who sponsors an annual business plan competition at the University of Wisconsin-Madison. “If you had thousands of great business plans on every street corner in Madison, all the capital in the world would get pretty tired of flying here and they’d set up shop here.”
Burrill & Co. would invest its funds’ entire $1 billion in Wisconsin companies if the opportunities were there, said Burrill, a Madison native who went to UW-Madison and has a vacation home in the state.
Many happy returns: UW student donating tax service fee
Not too many full-time college students start their own business.
And it’s a fair bet that the ambitious few who do don’t give away their product to support a worthy cause.
But that’s what 21-year-old UW-Madison economics student Ryan Schmudlach is doing.
“That might have been a little bit of a mistake on my part,” he quipped, referring not to the charity but to his full plate, before adding that, “It’s working.”
Burrill: Plenty of capital, not enough connections
Madison, Wis. – Greater Madison biotechnology executives should stop worrying too much about raising capital and focus on mastering a new biotech business model, according to life science venture investor G. Steven Burrill.
Burrill, founder of Burrill & Co. in San Francisco, is considered a pioneer in the world of biotechnology investing. The Madison native returned to his alma mater Thursday to deliver a lecture in the Microbial Science Building on the University of Wisconsin-Madison campus.
UW calling for help shoveling
The University of Wisconsin is hiring students to lend some muscle and help clear the campus of ice and snow until spring provides some relief for the worn-out grounds crew.
Union proposes budget increase
The University of Wisconsin Union proposed Monday a 3 percent increase in its 2008-09 budget to the Student Services Finance Committee.
Enrollment at technical colleges up, could be linked to economy
MILWAUKEE (AP) — The state’s technical colleges are seeing a slight gain in students, which they say often happens when jobs become harder to find.
The biggest growth spurts in the past 30 years at Wisconsin technical colleges coincided with the national economic recessions of 2001, 1991 and the early 1980s. It’s still not clear whether the nation is in a recession now, but enrollment at the state’s 16 technical colleges is growing.
According to the latest estimates, the number of full-time equivalent students is up 1.8 percent compared to the last school year. In the previous two years, annual counts fell.
Technical colleges gain as economy suffers
The verdict is still out on whether the economy has slumped into recession, but Wisconsin’s technical colleges say they’re noticing more students, which historically occurs when jobs get scarcer.
Kohl Center bill totals $32,000 for Obama rally
University officials said high profile 2008 presidential campaign stops at UW-Madison this week have been successful, but required much behind-the-scenes preparation.
Union South prepping big renovation plans
Four years after the University of Wisconsin initially conceived renovating Union South, the university announced Thursday it has finally hired the architects for the project.
Doug Moe: Pizza Pit ad still an icon of other snowiest winter
DICK ZILLMAN doesn’t like winter, which is odd when you consider the role played in his considerable success by the two snowiest winters in Madison history.
This winter — later this month — Zillman will receive the Madison Advertising Federation’s Silver Medal Award for career achievement. It’s a fitting tribute to one of Madison’s more creative and enduring advertising minds.
It was another brutal winter that helped put him on the map.
WARF suing Intel
A popular Intel computer chip that is at the heart of millions of computers infringes on patented technology invented at UW-Madison, the Wisconsin Alumni Research Foundation claims in a lawsuit against the microprocessor giant.
Big, new hotel is discussed
Madison and Marcus Corp. are discussing a much-desired Downtown hotel — perhaps the largest in the city — to serve Monona Terrace and other needs.
Marcus, which opened the 14-story, 236-room Hilton Madison at 9 E. Wilson St. adjacent to Monona Terrace in early 2001, has first option to build across the street on a parking lot behind the landmark Madison Municipal Building or the adjacent Government East parking ramp site.
Increasing salary not a waste
The UW System Board of Regents will meet this week to discuss the salary of Chancellor Wileyâ??s successor.
It is anticipated they will raise the earnings of the next chancellor $42,500 to $125,000 more than Chancellor Wileyâ??s current salary to attract a more qualified applicant. In order to maintain a quality university, the Board of Regents would be wise to vote in favor of this increase.
UW licensing org. files patent suit against Intel
The Wisconsin Alumni Research Foundation filed a lawsuit against Intel Corp. Tuesday for patent infringement, alleging technology used in the companyâ??s Core 2 Duo processor actually belongs to UW-Madison.
Big screen Wisconsin
Wisconsin is finally getting in on all the lights, camera and action.
Itâ??s been just over a month since tax incentives for filming in Wisconsin went into effect on Jan. 1, and already several films are in preproduction within the state.
Rob Zaleski: Slow down, Fitchburg, prof urges
Does the city of Fitchburg really need this?
That’s the question Fitchburg residents should be asking themselves regarding the proposed 868-acre Northeast Neighborhood in the city’s far northeast corner. Or so says Cal DeWitt, UW-Madison’s highly respected environmental sciences professor.
Indeed, if Fitchburg residents took the time to look into the issue, DeWitt says, they’d quickly realize why the city would be making a huge mistake by approving the project. And why that approval could well come back to haunt the city years down the road.
Tempest in a coffee cup
In the cloistered arcade of the Memorial Union, students will soon tote lattes and textbooks rather than video-game pistols.
WARF files suit against Intel
The Wisconsin Alumni Research Foundation has filed a lawsuit alleging patent infringement against computer giant Intel Corp.
The lawsuit filed by WARF on Tuesday in federal court in Madison charges that Intel’s CoreTM 2 Duo microprocessor is infringing on a UW-Madison invention that significantly improves the efficiency and speed of computer processing.
Intel has aggressively marketed the benefits of this invention as a feature of its Core 2 technology, WARF said in a news release.
State’s potato genebank keeps world spud supply safe
What would the world do without potatoes?
The Irish found out during a famine, and it was not a pretty picture.
But the U.S. Potato Genebank in rural Wisconsin is playing a major role in preventing a repeat of that tragedy.
New firm aims to microwave cancer
Although NeuWave looks like an embryonic company at first glance, the reality is the two University of Wisconsin-Madison professors who founded it invested about $280,000 of their own money and landed a federal grant to build a “very robust” prototype and conduct more than 100 animal trials,
Capital Times unveils major shift to Internet
Late this spring The Capital Times will dramatically enhance its Internet site as well as alter its print frequency from six days to two days per week to address changing habits of afternoon newspaper readers, company executives announced Thursday.
Publisher Clayton Frink said the newspaper’s online site, captimes.com, will feature increased volume, depth and timeliness of news, opinion and other information. He said the printed edition of the newspaper will expand its distribution by about five times and switch from six-day publication to two weekly tabloid-size editions.
“The Capital Times has been a progressive media voice in Madison for 90 years, and this move allows us to preserve that legacy and, in fact, reach far more people than ever before,” Frink said.
UW accuses Intel in federal lawsuit
Intel Corp.s popular Core 2 Duo processor, the brain of many of todays personal computers, includes technology created by University of Wisconsin-Madison researchers, according to a federal lawsuit accusing Intel of patent infringement.
UW-Madison planning mice, rat building
Researchers at the future Wisconsin Institutes for Discovery would have easy access to thousands of lab rats and mice under a proposal to build a 10,000-square-foot vivarium at the Institutes ‘ West Side site, UW Madison officials said Tuesday.
Big Ten Network cost? Go figure
How expensive is the Big Ten Network?
Thanks to BTN’s quirky pricing structure, it’s a complex question that isn’t as clear as has been stated in media reports referenced in The Capital Times last week.
BTN has received $1.10 per subscriber (and placement on basic cable) in at least some deals with providers in the Big Ten Conference states, but asks 10 cents per subscriber (and is flexible regarding placement on a higher level of service) in the rest of the country, as has been reported several times by The Capital Times.
BTN officials have repeatedly said price is a negotiable item in its so far unsuccessful efforts to reach deals with major cable companies such as Charter Communications and Time Warner. Elizabeth Conlisk, BTN vice president of communications, says its proposals to Charter and Time Warner have been well under $1.
Insurance, wishes and facts
Quoted: Mark J. Browne, who teaches risk management at the University of Wisconsin-Madison.
Fund seeks consistency by playing stocks up and down
Quoted: Mark Fedenia, a co-manager of the Nakoma Absolute Return Fund and a tenured professor who was director of the Applied Security Analysis Program at the University of Wisconsin-Madison business school for 21 years.
Alumni-founded company develops software to prevent digital misconduct
Botnets and viruses are something that University of Wisconsin professor of computer sciences Paul Barfordâ??s newly formed company deals with on a daily basis.
BTN revenue to save sports fans money on tickets
UW Athletic Department officials said Wednesday ticket prices for football, menâ??s basketball and menâ??s hockey would likely remain the same in the 2008-â??09 seasons.
Even if tuition, textbook prices rise, ticket costs may not
The University of Wisconsin Athletic Departmentâ??s budget proposal unveiled this week brings good news to Badger fans hoping to save some money when buying tickets during the 2008-09 school year.
No clear winner yet in TV sports battle
To listen to sports talk radio or read Internet message boards and newspapers, you would think a deluge of customers has abandoned Charter Communications for satellite to get the Big Ten Network and NFL Network.
Yet the available figures show little, if any, impact on Charter, and the company emphatically says its hard-line stance was the right decision.
“There would be much more negative impact to our customer numbers if we forced the high cost of both Big Ten Network and NFL Network on every customer, as they want us to, than (there has been) from taking the stand we have taken,” said Charter regional spokesman John Miller.
UW sports: First ticket price freeze in 16 years credited to Big Ten Network payout
The last time the University of Wisconsin athletic department did not include a ticket price increase in its annual budget, its football team couldn’t fill Camp Randall, its basketball and hockey teams were playing in homey but outdated venues, and its entire spending authority amounted to $16.5 million.
How times have changed.
At a meeting of the UW Athletic Board’s finance committee on Tuesday, associate athletic director for finance John Jentz presented a preliminary 2008-09 budget that tops out at $89.9 million — but includes no ticket price hikes for the first time since 1992, a review of documents by The Capital Times indicates.
Jentz said UW was able to keep ticket prices static thanks to an infusion of $4.1 million from the Big Ten Network — the athletic department’s share of the $6.2 million annual payout from the fledgling network, with the remainder going to campus for scholarships and library use.
Coffee house to open in UWâ??s Memorial Union
A new coffee house will open in UW-Madisonâ??s Memorial Union as early as summer 2008, the university announced Tuesday.
Peetâ??s Coffee and Tea plans to move to the former ground floor location of STA Travel, which re-located to State Street in November 2007.
Union to install new brew shop
Memorial Union announced Tuesday it will soon open a Peetâ??s Coffee and Tea in the vacant space formerly occupied by STA Travel.
New Eraâ??s UW merchandise must be off shelves in 60 days
he termination of New Era Cap Co.â??s licensing contract with UW-Madison Friday means the companyâ??s manufactured apparel with the universityâ??s logo must be disposed of within 60 days.
Bielema to stay through 2013
University of Wisconsin head football coach Bret Bielema received a one-year contract extension Friday, keeping him on the lead of the Badgers until 2013.
New Deal responds to loss of UW deal, human abuse allegations
New Era Cap Company responded Monday to allegations of human rights abuses at its plant in Mobile, Ala., in the wake of University of Wisconsin severing its licensing contract with the hat manufacturer.
UW cuts contract with New Era
Following the sports merchandise companyâ??s repeated incompliance with workersâ?? rights inspectors, UW-Madison decided Friday to terminate its licensing contract with New Era Cap Company.
Prof aims to improve Internet security
UW-Madison computer scientist Paul Barford doesn ‘t want to be alarmist, but he thinks you could be in danger of being attacked — by a botnet.
Botnets (a term combining “robot ” and the “Net “) are the biggest and baddest Internet villains out there these days, he said, combining other threats that have been around for years — worms, viruses, spyware, and so on.
Economist foresees weakness in 2008 (Milwaukee Small Business Times)
The U.S. economy will be saddled with some burdensome obstacles in 2008, according to economist Michael Knetter, dean of the University of Wisconsin School of Business in Madison. Knetter, a former economic advisor to Presidents George H.W. Bush and Bill Clinton, provides his macroeconomic outlooks annually at the Northern Trust Economic Trends Breakfast. Small Business Times executive editor Steve Jagler recently interviewed Knetter about the economic outlook for 2008. The following are excerpts from that interview.
State needs to support Thomson
There are two things the state of Wisconsin is known for: the dairy industry and stem-cell research. Today, the state of California has a higher-producing dairy industry and currently has more money to fund stem- cell research. If Wisconsin wants to keep up, it must pony up.
New report sees big state deficit ahead
A new report on a projected state budget deficit indicates officials may have to cut spending by as much as $600 million over the next two years.
A day after Gov. Jim Doyle warned of a “very difficult fiscal situation” in his State of the State address, the nonpartisan Legislative Fiscal Bureau said that the budget is likely to be $300 million to $400 million in the red.
The bureau said Thursday the figures reflect “considerable weakness” in individual and corporate income tax and sales tax collections, which account for nearly all of the state’s $12 billion annual general fund budget. The bureau also cited economic forecasts that projected slower growth this year, reflecting the recent downturn in both U.S. and foreign markets.
Venture Firms Peek Out Of Silicon Valley (Forbes.com)
In 2000, when John Neis, co-founder of Madison, Wis.-based Venture Investors, tried to convince venture capitalists on the West and East Coasts to fund TomoTherapy, a Wisconsin cancer-radiation company he had seeded, they weren’t interested. “It was not in the comfort zone for them,” he says. So he returned to Wisconsin and pulled together a group of Midwestern investors.
His firm culls eight states for deals; most come from research done at the University of Wisconsin-Madison and the University of Michigan.
Wisconsin in better economic shape than other states
Wisconsin is poised to weather the cooling U.S. economic climate better than other parts of the nation, panelists at an economic forum in Milwaukee said today.
“We are facing a period of great uncertainty,” stated Michael Knetter, dean of the University of Wisconsin-Madison School of Business.
In a State of Growth
Gov. Jim Doyle warned Wisconsin residents that â??challenging days are aheadâ? in his annual State of the State address held at the State Capitol Wednesday. These challenging days are in reference to the national state of economic crisis.
UW stem-cell researcher says funding must increase
After a leading UW-Madison stem-cell researcher said Wisconsin needs to take serious steps to maintain leadership in the stem-cell field, many state dignitaries said the state funding is likely not feasible.
Making the best of a tough time
Gov. Jim Doyle faced a tremendous challenge as he prepared this year’s State of the State address. The stock market is on a roller-coaster ride that just about everyone thinks will end in some sort of crash. Each day brings new evidence that suggests the Bush-Cheney recession will be painful.
Algae could be key to faster computer chips
The key to the next big computer chip breakthrough could be tiny algae that encase themselves in intricately patterned, glass-like shells.
The unicellular algae, called diatoms, exist in oceans, lakes and even wet soil and build their hard cell walls by laying down microscopic lines of silica, a compound related to the key material of the semiconductor-industry silicon.
“If we can genetically control that process, we would have a whole new way of performing the nanofabrication used to make computer chips,” Michael Sussman, a UW-Madison biochemistry professor and director of the UW-Madison’s Biotechnology Center, said in a UW press release.
Thomson: massive stem cell investment needed to catch California
UW-Madison stem cell research leader James Thomson said Tuesday that Wisconsin would have to invest $50 million a year in stem cell research to compete with California’s $3 billion investment.
The result would be high-paying jobs for the state and continued recruitment of top scientific minds to the University of Wisconsin, he predicted.
State of the State: Doyle to address economic agenda
When Gov. Jim Doyle delivers his annual State of the State speech tonight, he’ll receive the requisite applause and standing ovations from lawmakers as he lays out his vision for the coming year.
But once the applause dies down and the chambers empty, Doyle may face some tough sledding in the remaining few months before lawmakers adjourn for the year and head for the campaign trail.
California biotech company to use UW stem cells
The Wisconsin Alumni Research Foundation entered a licensing agreement in early January with a biotech company to commercialize stem cell technology created at the University of Wisconsin.
UW-Madison gives away batteries for smoke detectors after fires
MADISON, Wis. (AP) — University of Wisconsin-Madison leaders are urging students to make sure their smoke detectors are working after two recent off-campus fires.
The university is handing out nearly 2,000 9-volt batteries at the student union Tuesday to students who live in houses and apartments.