Innovation

Reports: Wal-Mart Nabs Another Shopping App, Luvocracy

Reports: Wal-Mart Nabs Another Shopping App, Luvocracy
Luvocracy's website today. The firm is being purchased by @WalmartLabs.

@WalmartLabs, part of Wal-Mart Stores Inc.'s social media division, has acquired another shopping app, Luvocracy. Wal-Mart hasn't disclosed terms of the deal. Founded in 2011, Luvocracy has since been surpassed by Pinterest, another social shopping platform.
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Arkansas High School to Start Drones Program

Beebe will be bringing drones to school this fall. The school district will offer a drones class after ninth- and 10th-grade Principal Mike Tarkington got the idea for starting one while watching an episode of "60 Minutes" about them in March.
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Aurora Digital Signage Partners with Verizon for Internet Coverage

The partnership with Verizon will enable Aurora clients to use the Verizon Wireless network to power their digital signage and eliminate the need to run internal cables.
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Josh Moody's Overwatch App Ready to Hit Market

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Arkansas Venture Center Names Operations Team

Joining AVC co-founder, president and CEO Lee Watson on staff are Caroline Ford as director of communications and development and Marshal Kenneday as director of operations. AVC was founded in 2013 and officially launched in May with a $500,000 matching grant from the state. read more >

UA Gets $1.5M for Cancer Research

Researchers at the University of Arkansas have been awarded $1.5 million from the National Cancer Institute at the National Institutes of Health to develop new molecules and biopharmaceuticals that improve a patient's immune response against tumors. read more >

Alma Firm Receives Federal Grant for 'Quad Rider'

InvoTek, a research and development firm from Alma, has received a $175,000 federal grant for development of the "Quad Rider," a gear and braking device that helps people with disabilities safely operate a handcycle. read more >

Student Entrepreneurs at eStem Get Their Own Space: The Vault

The Vault is an internal incubator for student entrepreneurs set inside what once was the underground vault of the former Federal Reserve Bank at Third and Louisiana streets in downtown Little Rock. The building now serves students in grades 9-12 as eStem High School. read more >

Fayetteville's APEI Earns R&D 100 'Oscar of Innovation'

The R&D 100 is a prestigious list of the world's top 100 tech-based product innovations included each year in R&D Magazine. The R&D 100 is known as the "Oscars of Innovation" and past award winners have included the flashcube, ATM, fax machine and HDTV. read more >

Jay Chesshir: Acquisition Process for Tech Park Could Be Done by End of Year

Little Rock Regional Chamber of Commerce CEO Jay Chesshir believes the acquisition process for the recommended site of the planned Little Rock tech park could be "substantially done by the end of the year." read more >

LR Tech Park Board Hears Main Street Site Recommendations

The real estate firm selected by the Little Rock Technology Park Authority Board to help search for a downtown site for the planned tech park on Wednesday recommended the acquisition of five properties along Main and Scott streets. read more >

Vivione Partners with Global Firm to Offer Diagnostic Test for Oil and Gas Industries

Vivione Biosciences of Pine Bluff has announced a partnership with the Institute for Environmental Health that will open up its pathogen detection system to the oil and gas industries. read more >

Southern Arkansas University's Marine Biology Program Begins This Fall

Southern Arkansas University will offer the state's first marine biology degree beginning this fall. The university hopes the new program will draw in students from across the state and region. read more >

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