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Category: Business/Technology

Doyle confirms portions of Depp movie to be shot in state

Capital Times

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

Capital Times

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

Wisconsin State Journal

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

Milwaukee Journal Sentinel

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.

Soft-plastic fishing lure earns raves

Wisconsin State Journal

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

Wisconsin State Journal

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.

There’s plenty of capital, investor says

Milwaukee Journal Sentinel

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

Capital Times

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

Wisconsin Technology Network

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.

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.

Doug Moe: Pizza Pit ad still an icon of other snowiest winter

Capital Times

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

Wisconsin State Journal

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

Wisconsin State Journal

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

Daily Cardinal

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.

Rob Zaleski: Slow down, Fitchburg, prof urges

Capital Times

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.

WARF files suit against Intel

Capital Times

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.

New firm aims to microwave cancer

Milwaukee Journal Sentinel

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

Capital Times

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

Milwaukee Journal Sentinel

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

Wisconsin State Journal

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

Capital Times

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.

No clear winner yet in TV sports battle

Capital Times

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

Capital Times

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.

UW cuts contract with New Era

Daily Cardinal

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

Wisconsin State Journal

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.

New report sees big state deficit ahead

Capital Times

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)

Forbes

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.

In a State of Growth

Daily Cardinal

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.

Making the best of a tough time

Capital Times

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

Capital Times

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.

State of the State: Doyle to address economic agenda

Capital Times

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.