Wednesday's Afternoon Update
What you need to know about Florida Today
Some startups see office space as outdated, overrated
A growing number of startups, particularly tech-related ones, are finding that working without an office means they can attract talent from far and wide while cutting costs on overhead. As the need for software startups to lease brick-and-mortar office space dwindles and the downsides of working in different time zones fall away, the “distributed workforce” model is growing increasingly commonplace. More at the Upstart Business Journal.
Key West is the Best
» Read more and see the Top Five winter cities at the Miami Herald
Second Port of Miami tunnel to begin
One down, one to go. That's where the Port Miami tunnel project stands. The raw drilling of the second tunnel is expected to be completed next spring, although the project won't be completed until the following year. Much of the work is being done for the opening of the expanded Panama Canal, now scheduled for 2015. Read more at Miami Today.
Syngenta paying $113 million for Florida company
Agribusiness giant Syngenta has agreed to pay up to $113 million to acquire a Florida company that it has been collaborating with on products to combat microscopic worms called nematodes that damage crops. The Switzerland-based company announced today that it will acquire Pasteuria Bioscience for $86 million, plus up to $27 million in deferred payments. Read more from The News & Observer and Reuters.
Tibor Hollo gift to fund FIU real estate program
Long before it was popular to talk about urban living, Miami developer Tibor Hollo was a believer who made it his priority. Now Hollo wants to encourage the next generation of real estate visionaries to tackle the development challenges that lie ahead both in South Florida and across the country. More at the Miami Herald.
» Florida Icon: Tibor Hollo
UF study examines the effectiveness of negative political ads
Contrary to conventional wisdom, negative political advertisements don’t always work as well as some believe. In part, this is because the audience with which they seem to work best — people who think government works — has been shrinking. More at UF News.
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