In which we link out to the tech news from Philly and elsewhere (when it matters) that slips through the cracks and make it way fun. See others here.
Our region’s life sciences sector ranked first in the “current impact” category, and second overall (to Boston, bah), in a biotechnology industry study conducted by the Milken Institute, according to a report by the Philadelphia Business Journal’s John George, a proud graduate from Temple University-Ambler. As we earlier suggested, this is really one of the more impactful, meaningful and substantiated stupid lists Philadelphia has been put in during recent years.
That news preceded the announcement of one of the year’s largest life sciences venture capital deals happening here. University City’s Avid Radiopharmaceuticals scored a $34.5 million financing, led by a San Francisco VC firm, but assisted by a couple of local boys, BioAdvance, also a Penn neighbor, and Safeguard Scientifics of Wayne, as also reported by George of PBJ.
California tries to ban violent video games for kids, a (sorta) regional Web site management company makes a big aquisition and a lot of messed up Craigslist stories you should read — in addition to our most trafficked post of the week — after the jump.
- “The Wild Thing” Peter Key of the Philadelphia Business Journal reports that a collection of historic documents from the life of Commodore John Barry, the Revolutionary War hero who we say is father of the U.S. Navy and always dreamed of having a bridge near a Superfund site, is now available online at the Independence Seaport Museum or through Villanova University’s Falvey Memorial Library, which digitized it. Those documents from as early as 1723 mean that that Angelfire site you made as a kid and can’t take down is no longer the oldest thing on the Internet.
- The Sacramento Bee reports that California legislators are asking the U.S. Supreme Court to uphold their request for a statewide ban of violent video game sales to minors. It’s seen as a landmark case, even if, as the Christian Science Monitor reports, California’s ban may be a legal long shot.
- The Inquirer’s Joe Distefano reports that HostMySite.com, a business Web site manager based in Denver but depending on a 229-person service center in Newark, Del., has bought Louisville-based rival Hosting.com. It’s said to create a $50 million sales company and have featured major investing from former Philly firm Wachovia Capital Partners. Can we please lower business taxes in this city so The ‘Stefano and I don’t have to reach so much on these?
- The Associated Press reports that seven people in New York State were charged in running a 24-hour prostitution ring through Craigslist. That follows the enormous news that, as the Advocate, and many, many others, reported, Craigslist filed suit against the South Carolina attorney general in order to thwart his filing criminal charges against the classifieds Web site for “abetting” prostitution. This is all part of a slew of bad press for the Internet staple, including obsessive tabloid and cable news coverage of a Boston murder following a Craigslist relationship and, as reported by TV station KMHO, more recent news about a Seattle man who found a woman on the site who agreed to be killed during sex.
- Our Most Trafficked Story of the Week: Google CEO Eric Schmidt weighs in on Philly’s tech future
Every Friday morning we make sure you didn’t miss anything if you spent the week preparing for your Memorial Day weekend plans, with Friday Tech Links.