What’s news today: 31/5/07
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Business students at Iowa State University can experience performing US$2 million worth of daily transactions. Brian Mennecke, an ISU associate professor and dean’s faculty fellow in management information systems, uses Second Life to engage students in hands-on learning. For Mennecke’s electronic commerce strategy course this past semester, students set up free Second Life accounts to assess potential entrepreneurial opportunities within the virtual world, then developed models for their fictional businesses.
Win $20,000 of goodies in a young entrepreneur contest. Consultants McKinsey & Co. have launched a Virtual Venture Competition in Second Life. Participants get 45 days to build a business and win $20,000 worth of training with top business builders.
Apply for a real virtual credit card. The world’s first virtual credit card will be available from First Meta, a Singapore bank that has become the very first virtual bank to offer credit cards and other financial services in Second Life.
Check out iVinnie: the virtual world’s news network (covers more worlds than just Reuters Second Life).
Plant-It 2020, a non-profit organisation founded by the late singer John Denver, has launched an island on Second Life on which residents can pay 300 lindens to plant a tree from among a list of endangered species. For every tree planted on Second Life, Plant-It 2020 will plant the same species of the tree in the real-world rainforest to which it is indigenous. “Instead of sending $25 to plant 25 trees, they’re choosing the type of tree to plant,” Mr Key, chief executive of Converseon, says. “As they’re going through the experience, there is information they can click on to learn about deforestation and about the tree - and physically planting it in an area is a much more immersive experience.” The whole experience has been project-managed by Converseon’s team, including my great mate and fellow Aussie Paull “I’ve got a jar of Vegemite and I’m not afraid to use it” Young.
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