By Dan | WRAL TechWire
By Dan

By Dan


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New social experience at hand? Conduit Labs emerges from stealth mode

The mysterious has gone through pains to keep its nature under wraps. The company’s stated goal is to create online social experiences that are as rich as those we have offline, and it has managed to raise $5.5 million from Charles River Ventures and Prism Ventureworks without even launching a product. Yet, despite numerous appearances on gaming conference panels from its CEO and co-founder, Nabeel Hyatt, and buzz surrounding the fact that one of Rock Band’s game designers is involved, no one has had any idea what Conduit Labs is actually doing. Things change. Thanks to the magic of...

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Got information overload? Get filtrbox, but don’t pay quite yet

Editor’s note: Filling in today for LTW Editor Rick Smith is Dan Kaplan of VentureBeat. SILICON VALLEY – With a few maniac exceptions, those of us that consume, process and produce information for a living are on the brink of having our heads explode: We clean our email inboxes only to find that we’re behind on 150 RSS feeds. We dig into those feeds and then: Text messages! Twitter alerts! A new comment on FriendFeed! As it all happens, we can’t shake the feeling that somewhere, a critical piece of information is slipping by and giving our competitors an...

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Business plan competitions backed by VCs offers plenty of green – as in cash

The California Clean Tech Open (CCTO) stands out as one of the biggest business plan competitions around. Each year, researchers from some of the most prestigious labs in the country meet with entrepreneurs who can dream up ways to turn their work into gold. Out of 45-50 finalists in the CCTO start-up boot camp, five winners receive cash and professional services totaling around $100,000 each, but each finalist comes out with a fully fleshed out business plan and a lot of valuable connections. The competition began with a bunch of MIT alumni getting together to drink and discuss how...

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Makeover Solutions Lets Us Find Out What We’d Look Like Blond, Raises $7M

Women on the Internet are hot. First we had the women-centric ad network, Glam, raising $200 million and signing a $1 billion deal, then we saw the woman-centric publisher, Sugar Inc, acquiring the woman-centric sites, ShopStyle and Coutorture. Now, New York’s Makeover Solutions, a site that lets you upload your headshot and adorn it with a variety of hair-styles, accessories, and makeup combinations, has raised $7 million to expand its offering. The impressive technology automatically and accurately fits hairstyles to your head and applies makeup to your face, answering some of the big questions modern women face: “What would...

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