Gasta News:UK Government Open data

The UK government has launched a competition to find innovative ways of using the masses of data it collects.

It is hoping to find new uses for public information in the areas of criminal justice, health and education.

The Power of Information Taskforce - headed by cabinet office minister Tom Watson - is offering a £20,000 prize fund for the best ideas.

To help with the task, the government is opening up gigabytes of information from a variety of sources.

This includes mapping information from the Ordnance Survey, medical information from the NHS, neighbourhood statistics from the Office for National Statistics and a carbon calculator from the Department for Environment, Food and Rural Affairs (Defra).

None of the data will be personal information, the government is keen to stress.

Mr Watson is hoping to attract a wide range of people from "the technology community we already work with, to hard-core coders to adolescents in their bedroom".

He admits that throwing open public data could be a risk but he believes that it will yield results.

"If someone comes up with a great idea we will make a prototype and then hopefully a fully-fledged piece of technology that will make peoples' lives better," he said.

"I strongly believe in co-design and in the digital age it makes sense to work with citizens to make public service better," he added.

To help inspire ideas the team behind the idea has put dozens of examples of innovative ways of reusing public information on its Taskforce wiki.

These include a website which maps crimes around the UK, the FixMyStreet website, which allows users to alert others to litter, vandalism and graffiti in their local environment, and the prototype RateMyPrison, which invites those who visit friends and families in jail to comment on the experience.

Technology commentator Bill Thompson was one of the first to see the Show Us a Better Way website, which details the competition.

"It's great to see a government department with enough sense to realise that it doesn't have all the good ideas," he said.

"There are terabytes of expensively accumulated information sitting in databases, but it goes unused and unexploited because of restrictive licenses and lack of awareness," he added.

The government will evaluate the ideas over the course of the summer.

Gasta welcomes Byron Review Action Plan

The UK government has unveiled its action plan to protect children from the internet and video games.

The Byron Review Action Plan includes the appointment of an executive board for the UK Council for Child Internet Safety.

The board will be chaired by the Department for Children, Schools and Families as well as Home Office Ministers and industry representatives.

Awareness of e-safety will also be raised as part of the government's £9m investment in child safety communications.

The action plan was published by children's minister Kevin Brennan, Home Office minister Vernon Coaker and culture minister Margaret Hodge.

The plan is based on recommendations given in the TV psychologist's report that was released earlier this year.

Home Office minister Vernon Coaker said of the move, "I am determined to do all I can to help ensure that there is an internet environment that is safe for children to use."

Gasta News:Search engines warned over data

Search engines should delete personal data held about their users within six months, a European Commission advisory body on data protection has said.

The recommendation is likely to be accepted by the European Commission and could lead to a clash with search giants like Google, Yahoo and MSN.

Google and MSN anonymise user data after 18 months, while Yahoo does the same after 13 months.

The body said search companies were not clear enough on data protection.

Google said its privacy policy "strikes the right balance" between privacy, security and innovation.

Peter Fleischer, Google's global privacy counsel, said in a statement: "Google takes privacy incredibly seriously; protecting our users' privacy is at the heart of all our products.

"It is the reason we were the first company to commit to anonymising our search logs, and also why we dramatically shortened our preference cookie lifetime."

In a statement Yahoo said it was reviewing the details of the body's recommendations.

"We remain committed to striking the right balance between protecting user privacy, providing the most compelling online experience, meeting our legal obligations and preventing fraud," the firm said.

Many search engines currently collect and store information from each search query, holding information about the search query itself, the unique PC address (known as an IP number), and details about how a user makes their searches, such as the web browser that is being used.

Users who create an account with a search engine hand over more data to the firms, including search history. Some search engines also enrich personal data held on their users with information from third parties.

The report from the Article 29 Data Protection Working Party said search engine providers had "insufficiently explained" why they were storing and processing personal data to their users.

It said "search engine providers must delete or irreversibly anonymise personal data once they no longer serve the specified and legitimate purpose they were collected for".

The report said the personal data of users should not be stored or processed "beyond providing search results" if the user had not created an account or registered with the search engine.

The advisory body also said it preferred search engines did not collect and use personal data to serve personalised adverts unless the user had consented and signed up to the service.

The body was set up to provide expert opinion to the European Commission and to make recommendations in the areas of personal data and privacy. The Commission usually adopts the recommendations the body makes.

The report also said search engines did not need to gather additional personal data, beyond the IP address of a machine being used, in order to deliver basic search results and advertisements.

It added: "Because many search engine providers mention many different purposes for the processing, it is not clear to what extent data are reprocessed for another purpose that is incompatible with the purpose for which they were originally collected."

It said search engines should not use personally identifiable data to improve their services or for accountancy purposes.

Personal data stored for security purposes should not also be used to improve services, the body recommended.

The report issued a set of obligations to search engines firms, including:

• Search engines should get informed consent from users if they correlate personal data across different services, such as desktop search
• Search engine providers must delete or anonymise (in an irreversible and efficient way) personal data once they are no longer necessary for the purpose for which they were collected
• Personal data should not be held by search engines for longer than six months
• In case search engine providers retain personal data longer than six months, they must demonstrate comprehensively that it is strictly necessary for the service
• It is not necessary to collect additional personal data from individual users in order to be able to perform the service of delivering search results and advertisements
• If search engine providers use cookies, their lifetime should be no longer than demonstrably necessary
• Search engine providers must give users clear and intelligible information about their identity and location and about the data they intend to collect store or transmit, as well as the purpose for which they are collected

The report also warned that if search engines enriched personal data about users from third parties they could be breaking the law unless customers had given explicit consent.

It said users had the right to access, inspect and correct all the personal data about themselves held by search engines, including their profiles and search history.

By Darren Waters
Technology editor, BBC News website

Gasta.TV up for aquisition?

Gasta.TV up for aquisition? You might think so after reading this from Greg Sandoval

The plight of the music industry has played out like a 1970s disaster film, the kind where the principal characters declare that nothing on earth could threaten their state-of-the-art luxury liner or superstructure.

Crash! Cut to people gasping for air or scrambling for a seat on the lifeboat. That's where the record labels are now; scrounging for technologies and business models that can keep them afloat.

To their credit, the four largest music labels have experimented with a range of ideas. They have finally opened up to the idea of selling MP3s--compressed audio files of songs that can be downloaded from an online source and then stored and played back on a digital music player. They also are dabbling in ad-supported music and have talked about launching a jointly owned subscription service.

Meanwhile, piracy continues to flourish. CD sales continue to tumble. Some top artists, including Radiohead and Nine Inch Nails, began distributing their own music last year, Paul McCartney quit EMI, and Madonna jumped to a concert promotion firm, Live Nation, and an alternative business model.

Half of all music sold in the U.S. is expected to be digital in 2011 and sales of downloaded music will surpass CD sales in 2012, according to a recent Forrester Research report titled "The End of the Music Industry as We Know It." Digital music sales will grow at a compound annual growth rate of 23 percent over the next five years, reaching $4.8 billion in revenue by 2012, Forrester says. However, digital music sales will fail to make up for an ongoing decline in CD sales, which, by 2012, will be reduced to $3.8 billion, according to the report.

So the music industry has its work cut out for it. This is how we see the next year shaping up in the digital music scene.

Gasta News: EU to make net safer for Children

The European Commission is spending 55m euros (£42m) on making the net a safer place for children.

The money will be spent over four years on educational efforts and ways to protect children from inappropriate content and cyber bullying.

It will also research the ways that children use the net on computers and other devices such as mobile phones.

The broad-based project will build on the Safer Internet Programme the EU began in 2000.

Action plan

"As more and more European children and adolescents use online technologies at home or at school, they, their parents and their teachers need to be informed about the opportunities and risks they face," said Jose Barroso, EC president in a statement.

Gasta News, Adconion Media group receives investment of $80m

Gasta News Venture Capital: Good News for European Online Ad advertsiser Adconion

Adconion obtains record venture round in Europe

26 February 2008: Adconion Media Group, Munich, one of the world’sgrowing online advertising networks, has announced a £40.9 million (US$80 million) Series C round of venture funding. The financing is the largest online media venture investment in European history.

The investment was led by Index Ventures, who were joined by existing investor Wellington Partners, and represents the first investment made from Index’s recently announced growth fund. The capital will be used to continue expansion into Europe, US and Asia, strengthening the company’s position as an independent player. In addition, capital will be invested in Adconion’s behavioral targeting technology and also to fund selected acquisitions. Index partners’ Dominique Vidal, former CEO of Yahoo! Europe, and Giuseppe Zocco, the firm’s co-founder, will join Adconion’s board of directors.

“Adconion has the relationships, the expertise and the best in class technology becoming of a future market-leader in technology’s hottest growth sector,” says Dom Vidal of Index Ventures. “Our experience as investors in the advertising space enables us to support Adconion in continuing its rapid expansion throughout Europe and North America and to further build its global presence. As online media becomes more fragmented and as agencies look for more independent partners for solutions, we believe ad networks like Adconion are perfectly positioned to capture more advertising spend.”

“At the risk of sounding clichéd, the modern business landscape is irrefutably global in scale and that is due primarily to the opportunities created by the Internet,” says Adconion founder and CEO Tyler Moebius. “Agencies choose to partner with Adconion because their clients are likely in a position where doing business internationally is either ‘business as usual’ or a strategic opportunity for growth. This substantial investment from Index and Wellington will position Adconion alongside the portals on marketer’s short-lists for global distribution partners.”

“Tyler and his team have done an outstanding job building a truly global online advertising network,” says Frank Boehnke of Wellington Partners. 'We are very excited to continue to work with Tyler and Adconion on one of the most exciting growth stories in the global marketplace.”

Gasta News On Venture Funds Europe

Gasta News On Venture Funds Europe

http://www.tornado-insider.com

Similar to previous years, European venture capital activity has started off with a bang this year. Already over 170 technology investments have been recorded, raising approximately €920 million. And there is more to come, judging by a series of successful fundraisings by Europe’s investors. This past week alone, 4 successful closings of new funds were announced.

German early-stage venture capitalist Target Partners announced the first closing of its new fund, Target Partners Fund II, at €61.5 million. The firm received commitments from private individuals, family offices and institutional investors, including Morgan Stanley, LGT Capital Partners, Bayerische Beamten Lebensversicherung, RWB RenditeWertBeteiligungen and CS Strategic Partners. The new fund has a target size of €120 million. It will mainly invest in start-up and early-stage companies from the German speaking countries, with sectors including IT, communications, Internet, media and clean-tech.

UK venture capital firm TLcom Capital also held a first closing of its second fund, TLcom II. Funding commitments were in excess of €50 million. The target size of the fund is €150 million. The new fund will focus primarily on revenue-stage technology companies across Europe. Returning investors, European Investment Fund and Access Capital Partners, have been joined by Italy-based Finlombarda Gestioni SGR - the investment arm of the development agency of Lombardy - and a group of limited partners associated with IDeA Alternative Investments. IDeA AI is an investment initiative recently launched by private equity group Investitori Associati, Wise and DeAgostini. TLcom II expects to invest in 12 to 15 companies over the next few years. A second closing is planned later in the year as the fund is now also talking to other institutional investors.

Meanwhile, Finnish venture capitalist Inventure completed the first closing of Inventure Fund Ky. The fund focuses on early-stage high-tech investments in the Nordic countries, primarily Finland. Investors investing in Inventure are European Investment Fund and Finnish Industry Investment, in addition to several undisclosed institutions and private investors. The current closing is completed at €35 million and has a final target of €50 million. Inventure aims to invest in 15 high-growth companies with significant value creation and return potential. The firm targets innovation clusters such as software, electronics, semiconductors as well as industrial production and material technologies.

Concluding, 360° Capital Partners announced its final closing with more than €100 million under management. The European Investment Fund, AGF of Allianz Group, Banca Sella Group and Natixis are the main new investors in the venture capital fund. It will invest in European companies, mainly in France and Italy. The new shareholders are joining CDC Enterprises, Credit Suisse – Alpha Associates, Partners Group, Gruppo Banca Intesa San Paolo, Wilshire Associates, Paul Capital and Coller Capital, who had already committed in the first closing which took place last year. 360° Capital Partners invests between €2 and €5 million in first or second rounds of financing of high-growth innovative companies operating in segments including ICT, Web 2.0, diagnostics/medical devices, and clean tech. 5% of the fund is dedicated to seed-stage companies.

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