The MIT Technology Review has released its list of the country's top innovators under the age of 35. Microsoft Research's Jaime Teevan -- an expert in Internet search -- and Shahram Izadi -- who is working on touch interfaces for the Microsoft Surface computer with a technology dubbed SecondLight -- made the list. University of Washington computer science and electrical engineering professor Shwetak Patel -- who is working on sensing equipment for the home -- also received the honor this year.

Keiretsu Forum Northwest -- a Seattle-based angel investment network -- has named former KPMG partner Russ Riggins to the position of chief operating officer.

 

Ignition Partners -- an early investor in Apptio's $7 million round from two years ago -- did not come back in for the fast-growing company's recent $14 million series B, reports The Wall Street Journal. Wonder why not?

Washington's unemployment rate fell to 9.1 percent during the month of July, down from 9.2 percent in the previous month. Unemployment in the Seattle area inched up to 8.9 percent. Gov. Chris Gregoire said in a release that the economy "may be stabilizing" but the recession is far from over.

Researchers at Microsoft and Harvard are working on a new technology that transforms analog TV spectrum into a wireless broadband network that could cover areas in rural regions and fill in patches in cities, allowing consumers to get on to the Internet from within a mile of their home router, reports MIT's Technology Review.

Concur plans to unveil a new iPhone application next week that the Redmond company says will serve as a "powerful extension" to its travel and entertainment expense management product, an offering that allows workers to fill out expense reforms over the Web. More on the company's mobile offering from this March story in TechFlash.

A new study released today, which uses data from Seattle's Walk Score Web site, finds that homes in walkable urban neighborhoods sold for as much as $34,000 more than homes in car-dependent neighborhoods.

Where's ET?

The Allen Telescope Array -- named for Microsoft co-founder Paul Allen -- continues to search for life in galaxies far, far away. But NewScientist reports that "there's still no word from ET."

Stat of the day comes via the NPD Group, which reports that Apple's iTunes is responsible for 25 percent of the music sales in the U.S. That's up from 14 percent in 2007.