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On March 16, 2011, Fast Company was awarded a National Magazine Award for Digital Media for its breakout site, FastCoDesign.com , in the Online Department category, which honors a regularly updated, clearly branded department or channel. Fast Company received two nominations from the National Magazine Awards for Digital Media, the magazine industry's highest honor, from the American Society of Magazine Editors: "The Influence Project" , a print story from the November 2010 issue, with a comprehensive online companion, in the Multimedia Package category, and Co.Design, a site dedicated to the intersection of business. Co.Design was awarded the Ellie for the Online Department category

We're all familiar with ultrasound technology--the arrival of sonograms has changed pregnancy forever. But now a development by scientists in the U.K. could bring incredible MRI-like powers to your family doctor.

Nokia and a long list of car and consumer electronics firms just agreed to form the Car Connectivity Consortium--a global effort to harmonize the electronic magic that will power your future car, and which would fill K.I.T.T. with envy. [Ed: And Kit] According to the press release, the newly minted Car Connectivity Consortium is an "open alliance focusing on cross industry contribution" that will release its first specification "within the next few months" with some of the "first commercial products" due later this year

Former Chairman of the Federal Reserve, Alan Greenspan, once said that if he had access to a better understanding of psychology , "I could forecast the economy better than anyone I know." In other words, behind all fancy financial models lies an assumption about how people behave. Humans are not walking calculators, we're often impulsive, lazy, biased, and terrible at math . As such, the New York Times paywall hail merry must make it through some key psychological barriers: a territorial grip on once-promised free information, our lazy preference to avoid tough decisions, and flawed memories of how much we actually use a product.

1. The battle for advertising market share between Facebook and Google just took an interesting turn: Some Facebook app developers are reporting that Facebook's instructing them to stop using Google's AdSense network. It's because Google hasn't signed Facebook's terms for ad partners, and it's unlikely to--it could impact Google's business model for earning cash.

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Last year’s South By Southwest (SXSW) festival was a tipping point for location-based check-in services. I wrote about companies like FourSquare and GoWalla and the idea of "check-ins" in the article "Mobile Location, Location, Location at SXSW ." This concept, then popular, has grown exponentially

What do cloud computing, Bill Gates, and Schrodinger have in common? They are all contributing to the success of Nimbus , a biopharmaceutical company that leverages cloud computing (courtesy of Schrodinger, a computational drug-design company) to quickly discover medicines for difficult-to-tackle disease targets. This month, Nimbus scored an undisclosed amount of funding from Bill Gates and Dr.

The sustainability movement is stuck in a slump, a stall, a "trough," as moderator Scott Henderson of CauseShift called it on the PepsiCo Plugged-In Stage at SXSW yesterday. He wanted to give it a kick-start, he said. "How to we get past the idea that someone else is going to take care of it, and start taking action?" Henderson asked his three panelist to present big ideas for how to inspire Americans into action--and these weren't your typical green-is-good approaches

Rats are trying out the device, a 250-gram scanner-in-miniature. Scanning technology and behavioral observation can now work in tandem

Big companies enter into joint ventures—new business entities created through business agreements—all the time. In fact, many large companies now rely on partnering up with other companies, especially smaller ones, as a way to innovate by outsourcing their research and development efforts. "Companies can't do it on their own anymore," says Dr

The founder of the Web message board 4Chan took the stage at SXSW to explain how his new project, Canvas, could far exceed 4Chan's 12-million-user popularity with Facebook-friendly appeal. Like your daughter bringing home an ex-convict for dinner and saying that he's actually a "really good guy," Christopher "moot" Poole explained how the virtue of 4Chan--instantaneous collaborative creativity--could overshadow its darker, dirtier proclivities by gaining new life in a project called Canvas .

TED data could power apps, visualizations, and more. TED announced today at SXSW that it is opening all of its online talks to the public. An application programming interface (API) will allow open access to all talks and associated data (topic, location, speaker, etc.) for developers who might use that info to build all sorts of tools and applications.

By now you've probably heard of HTML5, the platform that every browser maker from Microsoft to Mozilla to Google can't stop heralding as the savior of the Internet. Buzzwords aside, developers are excited about HTML5 because it creates a more elegant online experience, enabling users to enjoy the the best aspects of the web--audio, video, multimedia--without having to install external applications like Adobe Flash. In other words, HTML5 allows us to experience the Internet natively, and escape what Mozilla VP of products Jay Sullivan calls "plug-in prison." Sullivan is gung-ho about HTML5, which has become a major selling point of Firefox 4, the browser's latest iteration set launch in the coming weeks

A controversial web-design company that served scores of small businesses and left many unhappy customers in its wake has closed its doors. Employees from HIT Web Design, a full-service web design and web hosting company in Provo, Utah, were seen carrying boxes out of the company's headquarters on Tuesday, the Deseret News reported . Founded as Heritage Web Solutions in 1999, the company hit No