First Farecast, now FlightCaster |
Connect with TechFlash on our Facebook page for all the latest technology news headlines and commentary, plus information and access to special events, photos from events, promotions and more.
Today On Techflash
- Zillow, tech groups join companies heading to the White House
- One reporter joins TechFlash, and another takes vacation
- Fannie Mae expands online sales
- More turmoil for Yahoo: Chairman steps down
- TechNet study: Washington third in 'app economy' jobs
- Check out this app: Executives list the ones they use most
- Check out this app: Executives list the ones they use most
- Microsoft co-founder Paul Allen 2011's most generous living donor
- Keiretsu Forum NW invested $24 million in 36 startups in 2011
- Top Congressional stock picks: Microsoft beats Apple
- What women really want (online): MoonTango aims to deliver
- Renters, buyers (and lookers) continue to flock to Zillow
- Keiretsu Forum NW invested $24 million in 36 startups in 2011
- 'Fast Pitch Forum' to debut May 27 with some familiar names
- First a deal with Verizon; now Coinstar buys a competitor
- TechNet study: Washington third in 'app economy' jobs
- Coinstar, Redbox and Verizon: Here's what they aren't saying
- Buuteeq rounds up $3.5M to help hotels 'put heads in beds'
Mass High Tech
- Microsoft Build: Windows 8 preview a hit, but are investors unhappy?
- Build an app in a day at Mobile App Hackathon
- Beefed-up Skype for Windows; Indie author joins Amazon's 'Kindle Million Club'
- Only solution to Xbox 360 update error is new console
- Ballmer: Windows Phone update 'Mango' has over 500 new features
Jeff Bezos Watch
- Jeff Bezos 'grateful' to be selling millions and millions of Kindles
- Nick Hanauer and others invest $3.1 million in Qliance
- Survey: Employees say it's just 'OK' to work at Microsoft
- Jeff and MacKenzie Bezos give $15M for Princeton brain center
- Newsmaker of the Year surprise: Savitt beats Bezos, Allen
First Farecast, now FlightCaster
Farecast made some waves in the online travel business a few years ago when founder and University of Washington computer scientist Oren Etzioni came up with an algorithm to predict whether airfares on selected flights would go up or down.
That technology -- following Microsoft's acquisition of Farecast last year for $115 million -- now serves as the core of the new Bing Travel. But here's a unique twist on the Farecast concept. What if you could accurately predict which flights will be delayed? That's the idea behind a San Francisco startup called FlightCaster, which this week announced $1.3 million in funding from Sherpalo Ventures and others.
And there's still a chance that Amazon.com might get involved too, since FlightCaster is one of the seven finalists for the Amazon Web Services startup challenge. The winner of that event will be announced Dec. 9.
Here's what FlightCaster has to say about its technology:
"We are not regurgitating information from the airline or FAA. You can get that from many many other sources. Instead, we’re creating the next generation of flight information by using applied mathematics to provide real predictive power. While we cannot predict every scenario, such as a freak mechanical failure, our algorithms can find 95%+ of delays. Delay prediction is a bit of an art form and while we think we’re masters of that art, please allow room for error."
Of course, leaving room for error can be problematic when you are trying to make a connection or decide what time to show at the airport. That's something that TechCrunch points out in its post on the startup.
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.
TechFlash Team
Recent Sponsor Posts
Who's creating today's energy efficient buildings? Find out at the BetterBricks Awards, Feb. 16
BetterBricks Awards salute the individuals leading the way for high performance commercial buildings with an emphasis on energy efficiency. Join us as we recognize these standout green building professionals.
Award categories include: Advocate; Architect/Designer; Facility Manager/Operator; and Owner/Developer.
Keynote Speaker: Kevin Kampschroer, Director of U.S. GSA's Office of Federal High Performance Buildings. Kevin leads the U.S. General Services Administration's efforts in building sustainability and accelerating industry adoption of sustainable principles across all aspects of a building's life.
Register here by February 10!
If you are interested in buying a table, email Monica Alquist or call her at 206-876-5404.
The Triple Door Presents: The Atomic Bombshells "J'ADORE!: A Burlesque Valentine"
Seattle's reigning Burlesque super-troupe delivers a gorgeous and glittering VALENTINE featuring some of the Bombshells' most exhilarating acts to date. J'Adore! promises to celebrate l'amour with good humor, style, and a healthy dose of dazzle! Bring a friend, a lover, a family member, or a secret crush, and celebrate with the Valentine's Burlesque spectacular that will leave you shouting: "J'ADORE......The Atomic Bombshells!" The incomparable Jasper McCann emcees with high style and charm.
Please visit www.thetripledoor.net for a full schedule of future performances.
The Triple Door Presents: Bob Mould – See A Little Light: An Evening of Reading and Music
"Bob Mould. Those two words are synonymous with integrity. From Husker Du in the last century to right at this moment, Bob is the real deal, writing and playing music for music's sake. He's a great songwriter and performer. I have been a fan of Bob's for thirty years now with no end in sight." -Henry Rollins
Please visit www.thetripledoor.net for a full schedule of future performances.
Why Choose BDO for your SOC (previously SAS 70) Reports?
BDO’s experience in providing attestation services (SAS 70/SSAE 16, AT 101, AT 201, AT 601, etc.) to a broad range of industries, and our team of skilled professionals distinctly qualifies us to serve as your company’s Service Auditor. By leveraging the BDO global network of control specialists, we are poised to provide global services in more than 1,000 offices and across 119 countries. Many organizations find that investing in reports on controls may result in benefits, including:
• Increased client confidence
• Improved competitive advantage
• Minimization of frequent audits
• Streamlined business processes and controls
• Enhanced risk management
For detailed information contact Paul Martini at pmartini@bdo.com.
TechFlash Archive
- February 2012 (36)
- December 2011 (203)
- October 2011 (256)
- August 2011 (257)
- June 2011 (191)
- April 2011 (195)
- February 2011 (153)
- December 2010 (142)
- October 2010 (248)
- August 2010 (208)
- January 2012 (196)
- November 2011 (258)
- September 2011 (286)
- July 2011 (201)
- May 2011 (194)
- March 2011 (208)
- January 2011 (158)
- November 2010 (231)
- September 2010 (240)
- July 2010 (204)
