Please Share

Showing posts with label Clear Channel. Show all posts
Showing posts with label Clear Channel. Show all posts

Saturday, July 28, 2007

Woz amoung backers of upstart video compression company

Steve Wozniak, co-founder of Apple Corp., has signed on with a small Internet startup which it's 21 year old founder predicts "... going to be a-billion-dollar company." HotSwap.com started from graduate research into digital "compression" technology that its founders say they can make digital camera movie clips look like high-definition television on the Web. With backers like Clear Channel's Red McCombs and Wozniak, the kids just might have a chance "With their compression technology, they are able to drastically shorten the upload time-frame, which is critical." It will be interesting to see how HotSwap.com develops. The Globe and Mail story here.

Search

Google