According to the latest web tech news, in keeping with the recent trends and requirements of different industries and businesses, web technology is expanding to various domains besides tightening the noose in fields where it is already in use. In order to keep up with the emerging technology and trends the web is continuously evolving. Presently, everything seems chaotic, and it is up to the browser engineers to enable this new technological innovation. Similarly, web developers need to use this new technology appropriately and standard members of the group can iron out various compatibility wrinkles. This is sure to bring some method in the madness and allow optimum use of technology at hand. Continue reading
From Brad: Me being a huge Dolphins fan and spening oodles of time at the stadium, this is a double treat. Now we just need a QB.
Text messages that tell fans when their usual parking lot is full and where to park instead. Automated alerts that avoid dangerous overcrowding by directing masses of spectators to specific gates to enter and exit. Inclement weather warnings that prepare people in the stands for a storm before it hits.
All that and more will soon become real at south Florida’s Sun Life Stadium, thanks to a high-tech partnership the Miami Dolphins and IBM announced Tuesday. The agreement incorporates IBM’s cutting-edge analytics technology into the Dolphins’ home stadium, which also hosts many concerts and other events. It will make Sun Life Stadium the most advanced venue of its kind in North America, say IBM and Dolphins officials.
With 75,00 seats, 24,000 parking spots, 1.5 million square feet of space and the world’s largest point-of-sale vending system under one roof, Sun Life Stadium functions almost as its own little city when the Dolphins play or a famous performer comes to town. That’s why the Dolphins are adopting technology originally intended for IBM’s “Smarter Cities” initiative. Aspects of that program have already been implemented by officials in Berlin, Malta and London.
The technology monitors systems of different inputs and outputs — in the Dolphins’ case, for example, traffic patterns on freeways, crowd flow through turnstiles, social media chatter, and the like — then correlates it all in one place to make the data relevant for officials and administrators. At Sun Life Stadium, the information will all be run through IBM’s cloud-based Intelligent Operations Center.
Mike Gerentine, IBM’s vice president of global business partners and midmarket, said you can “think of it as a central command center” for analyzing event-day information and figuring out how to leverage that to enhance fan experience.
Dolphins CTO Tery Howard said that, as in-home entertainment becomes more and more advanced, live event venues have no choice but to keep up.
“When you look at who we’re competing with here for sporting events, really it’s the comfort of home with an HDTV,” Howard told Mashable. “We want to enable our management to be proactive as opposed to reactive to these data points.”
The initial phases of the IBM partnership will be rolled out on Wednesday, when Sun Life Stadium hosts an international soccer friendly between Mexico and Colombia. Officials will be able to monitor which point-of-sale tills sell alcohol after the cutoff time, as well as track parking capacity and entry numbers.
In the coming several months and couple years, the team will analyze how best to implement the next phase of the stadium’s high tech upgrade–those personalized alerts. Howard believes the continued innovation will be key to maintaining Sun Life Stadium’s reputation as a top-flight venue capable of hosting Super Bowls and the world’s biggest musical acts.
“These types of technological capabilities and intelligence allow us to differentiate ourselves not just to our fans, but also to those who wan to partner with us to host great events,” Howard said.
story by Mashable
Facebook is expected to file initial paperwork with regulators on Wednesday morning for a $5 billion initial public offering.
The social networking site has hired five underwriters, with Morgan Stanley (NYSE: MS – News) taking the lead role.
Goldman Sachs (NYSE: GS – News), Bank of America Merrill Lynch (NYSE: BAC - News), Barclays Capital and JP Morgan (NYSE: JPM – News) round out the initial list of underwriters on the deal.
The company is currently looking at a valuation of $75 billion to $100 billion, which would be one of the largest initial public offerings in U.S. history.
The IPO has spurred competition among retail investors wanting to own as many shares as possible.
“To the extent that there is any bubble in technology at all, it is really a bubble around Facebook in the sense that there is a huge amount of pent-up demand among retail investors for access to Facebook equity,” said Sean Parker, Napster co-founder, in an interview with CNBC at the World Economic Forum in Davos.
The current winner in the race for Facebook equity, with nearly $500 million, is Russian entrepreneur Yuri Milner, head of investment group DST.
Milner, who also own a stake in Zynga (NASDAQ: ZNGA - News), Twitter, and Groupon (NASDAQ: GRPN – News), called Facebook a “transformational” company that would continue to grow after going public, in an interview with CNBC on Friday.
-Reported by Kayla Tausche
Here at Olympusweb we think that they better hope and pray that the disastrous solar flares or some other internet infrastructure failure doesn’t wipe out the internet as prophesied by some folks. Facebook would go from a multi-Billion dollar company to a $5 million dollar company instantly and people would lose a great deal of money. This is the problem we see with investing heavy in virtual assets over long periods of time.