Code42’s business ‘move’ is focused growth with an eye to an IPO

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By Neal St. Anthony, Star Tribune

“Those who suspected there was more to fast-growing Code42’s December decision to abandon a move from Riverplace on the Mississippi River to a planned development in Uptown may have been searching too hard between the lines.

There was speculation about a sale of what has become one of the Twin Cities’ prized software companies.”

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Minneapolis to debut pay-by-phone parking option in May

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By Erin Golden, Star Tribune

“Drivers in some parts of Minneapolis will soon be able to plug their parking meters with a few swipes on their smartphones.

In May, the city plans to begin offering the service at about 500 of its 7,500 meters. More spots will be added to the pay-by-phone system in August and September and the entire city could be linked in by late fall.”

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Mankato’s 75F lands $650,000 from investors

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By Neal St. Anthony, Star Tribune

Deepinder Singh, the boss at promising 75F of Mankato, reports that the energy-conservation firm that sells climate control systems to small commercial buildings has raised $650,000 from private investors in a first round of equity-capital raising.”

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MN Startup Combines Virtual Reality And Instagram

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By Tyler Gieseke, Star Tribune

“Virtual reality is quickly gaining popularity as the next frontier among technology companies, and one local start-up says it’s ahead of the game with a new app that merges social media and a 3-D, immersive digital environment.

Minneapolis-based Visual is developing a first-of-its-kind social media app for virtual reality where users can scroll through a 3-D floating menu of Instagram photos by simply looking left or right.”

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Sen. Franken Wins His Cause Celebre: Net Neutrality

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By Allison Sherry, Star Tribune

“WASHINGTON — Sen. Al Franken was elated Thursday when the Federal Communications Commission approved rules that ensure Internet providers treat all legal content equally.

“Last spring, I could not have predicted that we would be celebrating this victory today,” Franken said, on the Senate floor. “The best principles of our democracy have won out. It’s clear that the voices of the American people have been heard. I’ve often called net neutrality the free speech issue of our time.”

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Anthem data breach affects 300,000 Minnesotans

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By Christopher Snowbeck, Star Tribune

“About 300,000 Minnesotans were affected by the massive data security breach reported earlier this month by health insurer Anthem Inc., the state Commerce Department announced Tuesday.

Indianapolis-based Anthem reported to Commerce that the Social Security numbers of more than 206,000 Minnesotans were compromised, according to a news release from the department.  Commerce says that other personal information from another 100,000 Minnesotans was compromised as a result of the cyberattack on the company in late January. The information included names, dates of birth, addresses, telephone numbers, e-mail addresses, employment information and income data.”

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Best Buy is opening a tech office in Seattle

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By Kavita Kumar, Star Tribune

Best Buy is expanding into Amazon’s home turf.

The Richfield-based electronics chain is planning to open a technology development center in Seattle later this spring. The office, which will be focused on bolstering the retailer’s e-commerce and mobile platforms, will employ more than 50 engineers, product managers and developers. The company said it could be the home base for more than 100 employees down the road.”

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RedCurrent app aims to streamline calendars

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By Tyler Gieseke, Star Tribune

“As a parent of young children, Peter Goddard noticed a recurring topic in his conversations with friends.

Too often, he said, fellow parents would commiserate over their hectic and hard-to-manage schedules. So he set out to make that easier. The result is a new digital media company in downtown Minneapolis called RedCurrent.”

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Target will close its video streaming service

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By Kavita Kumar, Star Tribune

Target is backing out of the video-on-demand market.  The Minneapolis-based retailer said Tuesday it is shutting down Target Ticket, its less-than-two-year-old foray into digital entertainment that failed to gain much traction amid such formidable competitors as Netflix and Amazon Prime. Its retail rival Wal-Mart also has a video-on-demand service, called Vudu.”

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Camera Slice app captures one moment of concerts, games in thousands of photos

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By Tyler Gieseke, Star Tribune

“A new sight has emerged in recent years at concerts, sports events and other giant public gatherings: what seems like the entire crowd holding up smartphones to snap photos or shoot video.  Matt Pacyga thinks there’s money to be made in that.

The chief executive and co-founder of Camera Slice, a start-up in the CoCo workspace in Uptown Minneapolis, Pacyga is working with three others on technology that allows venues to aggregate and use the photos that audience members are making.”

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