Miami in spotlight at AVCC, other entrepreneurship events

Entrepreneurs from around the world took the stage during this packed week of entrepreneurship events in Miami: Florida International University’s Americas Venture Capital Conference (known as AVCC), HackDay, Wayra’s Global DemoDay and Endeavor’s International Selection Panel.

The events, all part of the first Innovate MIA week, also put the spotlight on Miami as it continues to try to develop into a technology hub for the Americas.

“While I like art, I absolutely love what is happening today... The time has come to become a tech hub in Miami,” said Miami-Dade Mayor Carlos A. Gimenez, who kicked off the venture capital conference on Thursday. He told the audience of 450 investors and entrepreneurs about the county’s $1 million investment in the Launch Pad Tech Accelerator in downtown Miami.

“I have no doubt that this gathering today will produce new ideas and new business ventures that will put our community on a fast track to becoming a center for innovative, tech-driven entrepreneurship,” Gimenez said.

Brad Feld, an early-stage investor and a founder of TechStars, cautioned that won’t happen overnight. Building a startup community can take five, 10, even 15 years, and those leading the effort, who should be entrepreneurs themselves, need to take the long-term view, he told the audience via video. “You can create very powerful entrepreneurial ecosystems in any city... I’ve spent some time in Miami, I think you are off to a great start.”

Throughout the two-day AVCC at the JW Brickell Marriott, as well as the Endeavor and Wayra events, entrepreneurs from around the world pitched their companies, hoping to persuade investors to part with some of their green.

And in some cases, the entrepreneurs could win money, too. During the venture capital conference, 29 companies —including eight from South Florida such as itMD, which connects doctors, patients and imaging facilities to facilitate easy access of records — competed for more than $50,000 in cash and prizes through short “elevator’’ pitches. Each took questions from the judges, then demoed their products or services in the conference “Hot Zone,” a room adjoining the ballroom. Some companies like oLyfe, a platform to organize what people share online, are hoping to raise funds for expansion into Latin America. Others like Ideame, a trilingual crowdfunding platform, were laser focused on pan-Latin American opportunities.

Winning the grand prize of $15,000 in cash and art was Trapezoid Digital Security of Miami, which provides hardware-based security solutions for enterprise and cloud environments. Fotopigeon of Tampa, a photo-sharing and printing service targeting the military and prison niches, scored two prizes.

The conference offered opportunities to hear formal presentations on current trends — among them the surge of start-ups in Brazil; the importance of mobile apps and overheated company valuations — and informal opportunities to connect with fellow entrepreneurs.

Speakers included Gaston Legorburu of SapientNitro, Albert Santalo of CareCloud and Juan Diego Calle of .Co Internet, all South Florida entrepreneurs. Jerry Haar, executive director of FIU’s Pino Global Entrepreneurship Center, which produced the conference with a host of sponsors, said the organizers worked hard to make the conference relevant to both the local and Latin American audience, with panels on funding and recruiting for startups, for instance.

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Miami-Dade elections group to discuss potential changes to state law

An advisory group poring over Miami-Dade elections problems will hold its second meeting Friday, this time to focus on what changes to request from state lawmakers.

County Mayor Carlos Gimenez, who convened the group, and his appointed elections supervisor, Penelope Townsley, already asked Florida Secretary of State Ken Detzner — the state’s chief elections officer — on Tuesday to make several recommendations to Gov. Rick Scott to tweak elections laws.

But the 13-member advisory group might choose to make additional suggestions. And while the meeting with Detzner was more informal, the Miami-Dade group plans to make its requests in writing, and incorporate them into the county’s annual package of policies to lobby for in Tallahassee. County commissioners are scheduled to vote on the legislative package Tuesday.

The 2013 state legislative proposals drafted by the elections department include allowing early-voting sites in more locations — a request Miami-Dade has been making since 2006. State law currently limits the sites to elections offices, city halls and libraries.

The department also plans to ask legislators to reinstate 14 days of early voting. Scott, a Republican, signed a law passed by the GOP-led Legislature last year reducing the number of days to eight, while keeping the total number of hours offered on the books — 96 — the same.

The law also guaranteed one Sunday of early voting, but prohibited voting the Sunday before Election Day. African-American churches with large numbers of Democratic voters had traditionally used that day to bring “souls to the polls.”

About 90,000 fewer Miami-Dade voters cast early ballots in 2012 compared to 2008, according to the department.

The third request proposed by the department would limit the number of words printed on state constitutional amendments on the ballot, keeping them to the same length as county charter amendments. The county caps its ballot measures at 75 words; this year, one of the constitutional amendments took up a full page in Miami-Dade, where ballots are printed in English, Spanish and Creole. The 2012 presidential ballot ran 10 to 12 pages long, depending on the voter’s location, compared to four to six pages in 2008.

Federal law requires that ballots be available in other languages for minorities whose population meets a certain threshold.

In a letter she sent to the mayor last month, U.S. Rep. Frederica Wilson, D-Miami Gardens, recommended that the county print separate ballots in each of the three languages. “Printing all three languages creates the false impression that the ballot is excessively long,” she wrote. It is unclear how that proposal would work.

She also made other requests, including that the county support extending early voting.

Gimenez replied Thursday that most of Wilson’s recommendations “are in line with what we are proposing.”

In addition, the Miami-Dade elections department would like more time to count absentee ballots, which have become an increasingly popular voting method. State law currently allows tallying to begin 15 days prior to Election Day.

Other requests include:

• Remove political party executive committeeman and committeewoman races from the primary ballot in presidential election years, and require the parties to pay for those elections. This change would shorten the ballot, reduce the number of different ballots printed in the county, and save money.

• Do away with the term “absentee ballot” and replace it with “vote by mail.” The mayor has endorsed this change, saying absentee voting is a misnomer because Florida no longer requires that voters provide a reason — such as being ill or out of town — for voting by mail.

• Require that community development district elections be carried out only by mail. This change would shorten the ballot and reduce the number of different ballots. Community development districts are special taxing districts of 1,100 acres or more.

The advisory group will meet at 9 a.m. on the 18th floor of the Stephen P. Clark Government Center, 111 NW First St.

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Apple falls on lower shipment forecasts, muted China debut

(Reuters) – Apple Inc shares fell 3.9 percent on Friday after the iPhone 5 debuted in China to a cool reception and two analysts cut shipment forecasts.

Jefferies analyst Peter Misek trimmed his iPhone shipment estimates for the Jan-March quarter, saying that the technology company had started cutting orders to suppliers to balance excess inventory.

Shares of Apple suppliers Jabil Circuit Inc, Qualcomm Inc, Skyworks Solutions Inc, TriQuint Semiconductor Inc, Avago Technologies Ltd, and Cirrus Logic Inc also fell in early trading.

Apple shares have lost a quarter of their value since they hit a life high of $ 705.07 on September 21, as it faces increasing competition from phones using Google Inc’s Android operating system.

Misek cut his first-quarter iPhone sales estimate to 48 million from 52 million and gross margin expectations for the company by 2 percentage points to 40 percent.

UBS Investment Research cut its price target on Apple stock to $ 700 from $ 780 on lower expected iPhone and iPad shipments for the March quarter.

The brokerage said it was modeling more conservative growth for the world’s biggest technology company after making supply chain checks that revealed that fewer iPhones were being built.

“Some of our Chinese sources do not expect the iPhone 5 to do as well as the iPhone 4S,” UBS analyst Steven Milunovich wrote in a note to clients.

Apple launched the iPhone 5 in China on Friday, a move widely expected to bring the Cupertino-based company some respite from a recent slide in market share in China, but early reports indicated that demand may not be as great as expected.

“The iPhone 5 China launch has been surprisingly muted but (we) are unsure how much weather (snow) or the required pre-ordering (to prevent riots) are factors,” Misek said.

Apple shares fell as low as $ 508.50 in morning trading on the Nasdaq on Friday.

(Editing by Supriya Kurane)

Tech News Headlines – Yahoo! News

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Exclusive: Ethan and Emma's 'Shameless' One-on-One

The outrageous Gallagher family dysfunction of Shameless is made that much more entertaining due to the wonderful performances of the ensemble cast, including Emmy Rossum, William H. Macy, Justin Chatwin, Jeremy Allen White, Ethan Cutkosky and Emma Kenney. Those last two precocious kids, who play Debbie and Carl Gallagher, sit down to discuss how their real-life personalities match their characters, and we have the fun, exclusive clip!

Video: Exclusive 'Shameless' Season Three Trailer

Season three of the hit Showtime series debuts Sunday, January 13, and in the meantime viewers can catch up on episodes when the second season hits shelves December 18: In season two, it's summertime in Chicago and each member of the Gallagher household is cooking up fresh ways to bring home the bacon. Their ventures may not be moral – or even legal – but they certainly are outrageous, from selling alcohol and pot out of an ice cream truck to running a daycare operation from their home!

Related: Exclusive 'Shameless' Season Three Poster Debut

In addition to the exclusive clip above and more actor discussions, 90 minutes of bonus material on the Shameless season two release includes such featurettes as The Complicated Life of Fiona Gallagher and The Art of the Acting Drunk, The Shameless Christmas Carol music video, a preview of season three and deleted scenes.

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'Casablanca' piano goes for more than $600,000 at auction

The piano used for the song "As Times Goes By" in the classic 1942 film "Casablanca" has fetched more than $600,000 at auction.

The 58-key upright was sold to an unidentified buyer for $602,500 at Sotheby's New York on Friday.

Its pre-sale estimate was up to $1.2 million.

It was offered by a Japanese collector on the film's 70th anniversary.

The collector purchased the movie prop at a Sotheby's auction in 1988 for $154,000.

Humphrey Bogart played Rick Blaine in the Oscar-winning World War II love story, opposite Ingrid Bergman's character, Ilsa Lund.

AP

The "Casablanca" piano

In a famous flashback scene, Rick and Ilsa lean on the piano at a Paris bistro. Sam, played by Dooley Wilson, plays and sings.

They toast as Rick says: "Here's looking at you, kid."

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Wynwood co-working center funded by Knight Foundation, angel investors

The LAB Miami announced Thursday it will open a 10,000-square-foot co-working center in Miami’s Wynwood neighborhood and the John S. and James L. Knight Foundation and local angel investors are investing $650,000.

As Miami’s startup community continues to grow, The LAB Miami said its “work-learn campus” will offer an in-house mentor network that will include investors and serial entrepreneurs, said Wifredo Fernandez, co-founder of The LAB Miami with Danny Lafuente and Elisa Rodriguez-Vila.

The LAB Miami, now in a 720-square-foot space in the same neighborhood, turned a Goldman building at 400 NW 26th Street into an artsy, modern space that can support 300 members, including tech startups, programmers, designers, investors, nonprofits, artists and academics.

In addition to offering space to work, the new co-working space plans to offer courses and workshops in business and technology — including a startup school and code school — as well as art, design and education, Fernandez said. It will be a welcoming space for traveling Latin Americans, too. “We want this to be a community center for entrepreneurs,” said Fernandez, explaining that the mix of activities and workshops will be structured by the needs of the LAB’s members.

While the Knight Foundation’s Miami office has sponsored many entrepreneurship events in the past four months, this is the foundation’s largest investment announced so far in its efforts to help accelerate entrepreneurship in Miami, said the Knight Foundation’s Miami program director, Matt Haggman. The Knight Foundation’s Miami office, which made accelerating entrepreneurship one of its key areas of focus this year, is investing $250,000 with the rest of the funding coming from a group of investors lead by Marco Giberti, Faquiry Diaz-Cala, Boris Hirmas Said and Daniel Echavarria.

“This is an important part of our strategy,” said Haggman. “Entrepreneurs need places to gather, connect and learn.”

The LAB Miami has already hosted several events, including HackDay and Wayra DemoDay earlier this week, and the co-working space plans to open for membership in January.

Co-working space will start at $200 a month to use the communal tables, and private offices that will accommodate up to six are also available. The LAB will also offer “Connect” memberships for $40 a month, which allows members who do not need co-working space to participate in events. In addition, there will be phone booths, classrooms, flexible meeting spaces, a lounge area, a kitchen, a “pop-up shop” for local fashion, art or technology products, a shower for those who bike to work and an outside garden with native landscaping.

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Regulators agree to give FPL four-year rate deal

TALLAHASSEE The Public Service Commission on Thursday agreed to award Florida Power & Light a $358 million base rate request that includes a series of rate increases over four years and rejected a call from the public counsel that the company scale back its rates.

After a morning hearing discussing the nuts and bolts of a proposed settlement, the five-member commission appears on track to vote 4-1 to modify the settlement agreement presented by the company, and allow FPL to received guaranteed profits of between 9.5 to 11.5 percent through 2016.

The settlement is less than the $543 million the company originally sought in its first settlement offer, but the profit level – which would guarantee a midpoint return on equity of 10.5 percent – is higher than the 10 percent the PSC staff recommended in a draft recommendation.

Commissioner Eduardo Balbis, who supported giving the company the 10.5 percent return on equity, expressed interest in demanding that the company also make a concession to collect at least $10 million less from consumers in other areas. No other commissioners would agree

FPL, a regulated monopoly with 4.6 million customers in Florida, is currently making profits at about 11 percent, the most allowed under current law. But the company’s rate agreement ends in January and it has asked the PSC to allow it to collect more money from customers to pay back the costs of the Cape Canaveral power plant, scheduled to go into service in June.

The company has scheduled two other power plants to go online in 2014 and 2016 and has joined with its largest power users to offer up a settlement that will allow it the flexibility to raise its rates for those plants without PSC oversight, and the expensive and contested rate case that would come with it.

The decision by the PSC to approve much of the settlement effectively shuts down the argument of the Office of Public Counsel, the state agency that represents customers in rate cases. The public counsel has vigorously opposed the settlement deal and instead has argued that the company is making about $253 million more than it should and wants the PSC to lower FPL's rate of return and charge customers less money.

The PSC decision Thursday marks the first time the PSC has moved forward on a rate settlement without the public counsel’s consent.

J.R. Kelly, the state’s chief public counsel, told the Herald/Times that a ruling in favor of the proposed settlement could work against the public in future cases because it would give an incentive for utility companies in the future to do as FPL did and circumvent his office.

FPL side-stepped the public counsel when it entered into its agreement with Florida Industrial Power Users Group, the South Florida Hospital and Healthcare Association and the Federal Executive Agencies and announced the settlement just as the company’s rate case was scheduled to begin in August.

The groups represent about a half of one percent of FPL’s 4.6 million customers but use nearly half of all the electricity generated. Under the deal, they would get lower rates than regular residential customers.

This is also the first major rate case decided by this commission for FPL, the states’s largest utility, since the legislature unseated four members of the previous commission when it rejected most of a $1 billion rate increase request in 2009.

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Review: PlayStation icons join in ‘Battle Royale’

The holiday season is a good time to catch up with old friends. If you’re an Xbox fan, you’re probably getting reacquainted with galactic warrior Master Chief in his new adventure, “Halo 4.” If you’re a Nintendophile, you’re probably frolicking with Mario on your new Wii U.

Sony, meanwhile, has expanded its holiday guest list to invite nearly two decades worth of characters to mix it up in “PlayStation All-Stars Battle Royale” (for the PlayStation 3, $ 59.99; Vita, $ 39.99). Fans of the original PlayStation can welcome back old pals like Sir Daniel Fortesque of “MediEvil” and the title character of “Parappa the Rapper.” Younger gamers who have only known the PS3 will be happy to see Nathan Drake from “Uncharted” and Cole MacGrath from “Infamous.” Turn them loose in an assortment of game-inspired arenas and you’ve got chaos.

It’s not an original idea: Nintendo has been pitting its lovable characters against each other since 1999′s “Super Smash Bros.” As you’d expect, “All-Stars” lets up to four players choose their favorite personalities and pound on each other until one is left standing.

The technique is a change from most fighting games. Most of the time, kicking or punching your opponent doesn’t do much damage. Instead, each blow adds to an attack meter; build up enough energy and you can unleash three levels of truly deadly moves. There’s a little more strategy, but most players won’t find it too complicated.

The solo campaign is awfully skimpy, but “All-Stars” makes for a lively party when you have a few friends over. Two-and-a-half stars out of four.

— Sony’s burlap-clad goofball Sackboy is part of the “All-Stars” lineup, but he takes center stage in “LittleBigPlanet Karting” ($ 59.99).

Yes, it’s a go-kart racer — a genre that has already made room for Mario, Donkey Kong and Sonic the Hedgehog — but Sony freshens it up by giving you the ability to build your own racetracks and share them online. By exploring the game’s built-in courses, you can find hundreds of elements to add to your own, and they all share the homespun “arts-and-crafts” aesthetic of the original “LittleBigPlanet.”

Unfortunately, “LBP Karting” also revives the weird, floaty physics of its parent. That worked fine in the two-dimensional fantasy world of “LBP,” but it’s annoying when you’re behind the wheel. The tracks are filled with the power-ups, obstacles and gravity-defying leaps you’d expect in a kart racer, but the vehicles themselves feel sluggish and unresponsive. Two stars.

—Insomniac Games’ popular “lombax”-robot buddies are celebrating their 10th anniversary, both in “All-Stars” and their own “Ratchet & Clank: Full Frontal Assault” ($ 19.99). The latter game, however, is a big disappointment, stripping away most of what made the team so endearing.

It’s a “base defense” game, meaning you’re plopped down on a planet and then have to protect your turf from waves of invading enemies. That eliminates the exploration and discovery that made most of the “R&C” games so absorbing, replacing it with a tiresome cycle of building fortifications, having them destroyed, then rebuilding them. Instead of the comedy that was once this series’ trademark, you get drudgery. One star.

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Follow Lou Kesten on Twitter at http://twitter.com/lkesten

Gaming News Headlines – Yahoo! News

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Matt Damon Talks Nudity in Behind The Candelabra

"For years I'd said no to nudity, but I just did a lot of it playing the long-term partner of Liberace," Matt Damon says about his new movie, Behind The Candelabra, in the January/February issue of Playboy (via), underscoring what an important story he felt this was to tell.

PHOTOS - First Look at Michael Douglas as Liberace

Although Damon is the first to admit that, because of its frank treatment of the subject matter, "This movie's not going to be for everyone." He goes on to elaborate inside the issue, revealing, "I had to come out of the pool, go over to Michael Douglas, straddle him on a chaise lounge and start kissing him. It's not like I kiss him just once. We drew it up like a football plan."

VIDEO - Matt Damon & John Krasinski, Hollywood's Latest Bromance

Thankfully, according to Damon, "Michael was a wonderful kisser."

The Steven Soderberg-directed Behind the Candelabra, airing on HBO next year, takes a look at Liberace's life and loves as recounted by his former lover, Scott Thorson.

Click here to watch a short sneak peek.

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'Drunk' driver in fatal Queensboro Bridge crash faces up to 25 years in jail after turning down plea deal

A man who turned down a six-month plea deal after cops said he drunkenly drove his car off a Queensboro Bridge ramp -- killing a pedestrian and destroying two businesses – now faces up to 25 years in jail .

Grant Riddell, 38, was indicted on drunk driving, vehicular manslaughter, criminally negligent homicide and vehicular assault charges in the March 28, 2011 incident -- the first of two deadly car crashes off of the newly named Ed Koch Bridge.

Riddell’s car flew off the bridge's exit ramp and slammed into Anthony Buscemi walking on the sidewalk below. His attorney entered a "not guilty" plea today.

Ellis Kaplan

Grant Riddell in court in August

The 68-year-old Buscemi was pronounced dead at a local hospital and Riddell, a DJ who also goes by the name Kiwi, lost his left arm.

The fatal crash also destroyed two businesses on Queens Plaza South, Villa De Beaute and Espinal's Caribbean Restaurant, the owners have a pending $1 million lawsuit against the city for the "poor construction" of the ramp – and Riddell.

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