Miami startup that turns text to video receives $1 million in seed funding

Guide, a new technology startup based in Miami, announced Tuesday it has closed a $1 million round of seed investment from investors including Knight Foundation, Sapient Corp., MTV founder Bob Pitman, actor and producer Omar Epps, and early Google employee Steve Schimmel. Knight is supporting Guide through its new early-stage venture fund, the Knight Enterprise Fund.

Led by CEO and founder Freddie Laker, Guide’s team of seven is focused on turning online news, social streams and blogs into video for users who may be cooking, exercising, commuting or getting ready in the morning. The application offers consumers a selection of about 20 “anchors” — including a dog, a robot and an anime character — that will read the article and present the accompanying photos, pull-out information and video clips in its video presentation.The basic application will be free for the consumer. Revenue drivers for Guide could include in-app purchases, advertising-based anchors and customizations from publishers, said Laker, a former vice president at SapientNitro.

Laker and his team plan to launch a public beta next month, which they plan to do with a splash at the huge technology conference South by Southwest (SXSW) in Austin, Texas.

Read more about Guide here on the Starting Gate blog.

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With Scholl donations, Pérez Art Museum’s collection grows by hundreds

It was love at first sight for Debra and Dennis Scholl and the giant pair of birdhouses-as-art.

The longtime Miami art collectors saw the 400-square-foot piece by Simon Starling in a New York gallery, complete with two live finches, and reacted this way: “We know we can’t live with this,” Dennis Scholl recalled. “But we can’t live without it.”

Now, nearly 10 years later, the couple has decided to part with that and hundreds of other works collected over the last 30-plus years. The Miami Art Museum will announce Tuesday the donation of about 300 pieces from the Scholls’ collection worth millions of dollars.

“This is a huge, important and really I think catalytic gift, and I expect that we’ll have more announcements to make over the course of the next few months along these lines, in part because of Dennis and Debra’s generosity,” said museum director Thom Collins. “They are the leading edge of the wedge, as it were.”

Collins said an annual artist and curator lecture series will be named in honor of the gift, the total value of which is still being appraised. Scholl and Collins both estimated it would be worth millions, though Scholl added “probably not tens of millions.”

Dennis Scholl, vice president/arts at the John S. and James L. Knight Foundation, said he and his wife reached the decision as they pondered the December grand opening of the Pérez Art Museum Miami, as the new bayside venue will be called. Longtime residents of Miami-Dade who met on their first day of law school at the University of Miami, the couple said the community has treated them well — and they were honored to give back.

“It’s a wonderful time for the museum and we felt like it was a time when we could make a difference,” said Scholl, 57, who has worked as a lawyer and entrepreneur in ventures ranging from wine to real estate.

The $220 million project will be finished nearly three years after breaking ground at the 29-acre Museum Park overlooking Biscayne Bay and two years after developer Jorge M. Pérez gave $35 million in a naming gift of cash and art from his collection.

Dennis Scholl said he and Debra were inspired by the gift from Pérez as well as other large donations, including $35 million from Phillip and Patricia Frost for the under-construction science museum and $30 million from Adrienne Arsht to the county’s performing arts center. The Scholls hope their gift will motivate other collectors.

“We can’t speak for other collectors in the community; we think that people with collections ought to be able to decide what to do with them,” said Scholl, the Knight Foundation’s representative on the board of trustees. “We feel that this is a wonderful place to support with our collection.”

The Scholls collect works from the 1960s “to last Tuesday,” Dennis said, with an emphasis on cutting-edge pieces — especially photography — from emerging artists. They have founded initiatives devoted to building contemporary art collections at London’s Tate Modern and the Solomon R. Guggenheim Museum in New York as well as MAM, and work from the couple’s collection have been featured in eight museum exhibititions, including at the Nevada Museum of Art and Baltimore’s Contemporary Museum.

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Nancy O'Dell Makes Oscar Nominee and Les Miserables Star Hugh Jackman Blush

Hugh Jackman has been known to induce swooning at the removal of his shirt, but the Oscar nominee tells our Nancy O'Dell that he's far from runway ready, even blushing at the mere suggestion.

PICS: Hot Looks of the Oscar Luncheon

Nancy caught up with the Les Miserables star after the Motion Picture Academy's Nominees Luncheon, where he named Tom Ford as the designer he'll be wearing on the Oscars red carpet.

"I'm one of those guys who when people say, 'Sir, would you like to taste the wine?' I say, 'Oh, it's amazing!' and it could be six dollars," said Hugh, fashioning himself as a man of simpler tastes. "And I'm kind of the same with tuxedoes, but with Tom -- I just know him as a person and everything I wear of his feels good."

Nancy was quick to point out Hugh's model physique that probably doesn't hurt in helping make the clothes look good.

"Way too much hair on my body for a runway," Hugh nervously joked while blushing. "They're all hairless."

During today's Oscar luncheon, Hugh congregated with other nominees, which included newcomer Quvenzahane Wallis, Anne Hathaway, Bradley Cooper, Ben Affleck, Denzel Washington, Jessica Chastain, Daniel Day-Lewis, Joaquin Phoenix and more.

VIDEO: Fielding Fashion & Fun Times at Oscars Luncheon

Hugh described the event as "amazing."

"This is one I'll always remember," said Hugh. "You take in the history of it and you take in the enormity of the moment and everyone is standing there and squishing in, and it kind of felt like being back at school all at the same time."

Click the video to see Hugh's quick one-on-one with an inquisitive fan.

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Schumer: Give us ‘Liberty’!

WASHINGTON — Sen. Charles Schumer demanded yesterday that the Interior Department provide a date for when the Statue of Liberty will reopen after the site sustained damage in Hurricane Sandy.

“The Statue of Liberty is still shuttered more than three months after Sandy . . . New Yorkers need to know that the end is in sight,” Schumer said. “Lady Liberty cannot be allowed to languish any longer.”

Sandy damaged Liberty Island’s docks and promenade and impaired electrical, wastewater-treatment and security-screening systems. About 400 employees have been laid off due to the closure, Schumer said.

Interior Department spokeswoman Jessica Kershaw said yesterday the landmark will reopen “as soon as it’s safe . . . and not a single second later.”

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Skyscanner.com opening Miami office

One of Kayak and Expedia’s international rivals in the online-travel business is opening up a Miami office in a bid to capture a larger share of the North American market.

Skyscanner, the No. 1 travel site in Europe, picked Miami to open its first U.S. office, according to a company press release. A spokesman said the company plans to put 10 executives in the Miami office, and that the hunt is on for a specific location.

While big in Europe and Asia, Skyscanner.com has a low profile in the Americas. Skyscanner said it selected Miami as its first U.S. location given the city’s ties to South America.

DOUGLAS HANKS

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Super Bowl party turns violent; one dead in Miami Gardens drive-by shooting

One man was killed and two others wounded Sunday night when gunfire erupted outside a Super Bowl party in Miami Gardens.

Witnesses told police up to 30 shots rang out when suspects drove by the home on the 2300 block of Northwest 204th Street and opened fire on the victims, who were standing outside home, NBC6 reported.

Scores of football fans had gathered at the neighborhood party to watch the Baltimore Ravens battle the San Francisco 49ers.

The victim was identified as a 25-year-old father of two. Two others were also wounded, the station said.

Police said the men hit appeared to have been targeted by the drive-by shooters.

This article will be updated as more details become available.

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Is it game over for Nintendo?

The Wii U is a bust (so far). And the legendary gaming company’s future is looking increasingly bleak

Nintendo had no choice but to go all in with the Wii U, the newest in a long line of ostensibly childhood-defining game consoles. Unfortunately, the company also inherited the weighty expectations of the original Wii — which, if you’ll remember, became a surprise hit when it debuted in 2006, or just two short years after the world was first introduced to a little-known senator named Barack Obama. But ever since the Wii U hit store shelves last November, sales have been disappointing. Now the company is dramatically lowering its forecasts for the future. 

Initial sales figures indicate that Nintendo has so far sold just 3.06 million Wii U game consoles, and anticipates moving just four million Wii U units through March — far below previous estimates of 5.5 million, predictions that weren’t even that optimistic to begin with. 

Initial reviews of the Wii U were mixed. Yes, it’s fun. But the console failed to offer a compelling reason for consumers to free up dusty shelf space alongside their Xbox 360s or PlayStation 3s. Some critics say the console is confused, and Nintendo didn’t know if it was targeting mature gamers fixated on first-person shooter games like Call of Duty and Borderlands, or more casual fans like the original Wii did with its motion-sensing nunchuck. Further complicating matters is a nimble new mobile industry, dominated by non-committal, take-anywhere games like Temple Run and Angry Birds. 

“Nintendo needs a change in strategy,” Michael Pachter, a gaming research analyst for Wedbush Securities, tells The New York Times. Even though Nintendo is an instantly recognizable brand the world over, the company still doesn’t license its gaming titles for other platforms (ever see Mario on an iPhone?). To make matters worse, on Thursday, Nintendo president Satoru Iwata said that the company has no intention of lowering the price of its $ 300 flagship gaming system anytime soon. “We were already offering it at a good price,” he said. 

That means Nintendo, unless it releases a best-selling breakout title soon (Zelda, perhaps? Super Smash Bros. Brawl?), will continue on its path toward an increasingly dark future. The company already had its worst year ever in 2011. Dramatic restructuring seems imminent.

Consoles — compared to phones, tablets, laptops, and many other gadgets — have a much slower product cycle. Manufacturers only press “reset” every couple of years so that game-makers aren’t constantly readjusting to new hardware.

For quickly aging dinosaurs like Nintendo, that means more plodding along. More disappointing forecasts. More reluctant critics. More lost opportunities to earn the trust of lifelong fans. More, more, more. (Or for Nintendo, less, less, less?)

“People have to try it to see it is fun,” Iwata said of the Wii U. Undoubtedly, it is.

But unfortunately for Nintendo, “fun” just isn’t good enough anymore.

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Warm Bodies Tops Weekend Box Office

Audiences embraced Warm Bodies for its debut, making it the weekend's highest grosser at the box office.

RELATED: New on Blu-ray & DVD

The zombie rom-com (starring Nicholas Hoult, Teresa Palmer and John Malkovich) dug up $20 million, beating out Hansel & Gretel: Witch Hunters, which placed second with $9.4 million.

Academy Award Best Picture nominee Silver Linings Playbook trailed close behind with $8.1 million despite entering its 12th week in theaters. Fellow Best Picture nominees Zero Dark Thirty ($5.3 million), Django Unchained ($3 million), Les Miserables ($2.44 million) and Lincoln ($2.41 million) also made the top 10.

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Highway Patrol: 8 dead in Calif. tour bus crash

AP

Emergency personnel assist victims at the scene of a bus crash near Forest Falls, Calif. Sunday.

YUCAIPA, Calif. — The California Highway Patrol says eight people were killed in a collision involving a tour bus and two other vehicles.

CHP Officer Mario Lopez says eight are confirmed dead and many more are injured in the mountain highway crash about 80 miles east of Los Angeles near the town of Forest Falls.

Lopez says the collision included the tour bus, a pickup truck pulling a trailer and a sedan.

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Bright spots in Latin America despite global economic uncertainty

There are bright spots as Latin American and Caribbean economies begin the year but the uncertain health of the U.S. economy, the lingering financial crisis in Europe and more sluggish growth in China are casting shadows over the region.

A decade ago, dim prospects in those major markets would have delivered a knock-out punch in the region, but this year Latin American and Caribbean economies are expected to grow by 3.5 percent and average 3.9 percent growth in 2014 and 2015, according to a World Bank forecast. The United Nations’ Economic Commission has a slightly more sanguine forecast of 3.8 percent growth in 2013.

Both are better than the 2.4 percent growth the World Bank is forecasting for the global economy and the mere 1.3 percent increase it is predicting for high-income countries.

The U.S. economy grew by 2.2 percent in 2012. But the economy shrank 0.1 percent in the fourth quarter and the first quarter of 2013 also could be sluggish..

“That creates a soggy start for 2013 in Latin America,’’ said David Malpass, president of Encima Global, a New York economic consulting and research firm.

With a recession in Japan, even slower growth expected in Europe than in the United States, and questions about whether the dip in the Chinese economy has bottomed out and whether the United States will be making sharp cuts in defense spending and other federal programs come March 1, Latin American and Caribbean nations can’t really depend on the industrialized world to spur growth.

The region must look inward and undertake structural reforms that will allow growth from domestic factors, said Malpass, who was in Miami in January for an event organized by the University of Miami’s Center for Hemispheric Policy.

Panama’s $5.25 billion investment in expansion of the Panama Canal is an example of the inward focus that will pay off down the road, said Malpass. By 2015, Panama plans to have completed two new sets of locks on the Atlantic and Pacific sides of the canal and the deepening and widening of existing channels to accommodate the so-called Post-Panamax ships too big to traverse the current locks.

“It’s a difficult period but a period where developing countries are growing solidly but not as quickly as they might otherwise want to,’’ said Andrew Burns, the lead author of the World Bank’s annual Global Economic Trends report.

That means they should focus on investment in infrastructure and healthcare, structural policies, regulatory reforms and improvements in governance that will pay future dividends down the road, Burns said.

Such economic reforms, plus high commodity prices enjoyed by countries with fertile fields and mineral wealth, helped the region move beyond the global financial crisis of 2008 and 2009 far more quickly than it did when it was so dependent on economic cycles in the rest of the world.

Economic growth slowed in Latin America and the Caribbean from 4.3 percent in 2011 to an estimated 3 percent but that was still better than the 1.3 percent growth high-income countries managed in 2012, according to The World Bank.

China will continue to play a major role in Latin America and the Caribbean this year but whether the slowdown in China has reached its low point is subject to debate. But it’s relative. Slow growth in China would be brisk growth elsewhere. China says its gross domestic product grew 7.8 percent in 2012, the most tepid growth in 13 years and a comedown from 9.3 percent growth in 2011.

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