Mass High Tech News

Subscribe to Mass High Tech News feed
Technology news
Updated: 7 hours 54 min ago

Boston-based ‘unicorn’ sheds 150 jobs

8 hours 22 min ago
After a streak of layoffs at prominent public tech companies, another local firm has reduced its workforce. This time, the company making cuts is private, valued over $1 billion and fresh off a $200 million funding round. Boston-based Indigo Ag Inc., an agriculture-technology startup that uses microbiology research to help farmers replace chemicals and fertilizers and increase crop yield, cut 150 staff members in order to focus on the most profitable areas of its business.  Bloomberg first reported…

Thought Leaders: Talking climate, science and tech

8 hours 48 min ago
Things are quickly changing at the vast intersection of climate science, energy technology and government laws and policies. A recent roundtable discussion in Buffalo highlighted that evolution. The question is whether they’re changing fast enough. “Whether it’s permafrost in the arctic or ocean acidification, the prioritization of making these technologies work and scale over the next decade is one of the most important things we can do,” said Ryan McPherson, the University at Buffalo’s…

Largest Buffalo technology companies - services 2020

8 hours 48 min ago
Rank Name/ prior (*new or not ranked)/ URL Employees Technology services % Service % Software % Hard

List analysis: Analyst sees Koch's latest buy as solidifying more technology investments

8 hours 48 min ago
Koch has made more than $26 billion in technology-related investments in the past six years.

Table of Experts: Health Care Business Trends — What to Expect in 2020

12 hours 48 min ago
Employers provided more than half of the insured people in Missouri (52.3%) and Kansas (54.7%) with their health coverage in 2018, according to the Kaiser Family Foundation. And that employer-sponsored coverage for families didn’t come cheap: The average annual premium in 2018 was $19,249 in Missouri and $18,825 in Kansas. With health care costs projected to increase by 6% this year, employers are taking more active roles to manage those expenses. The Kansas City Business Journal recently gathered…

Amazon small business chief lifts veil on the online sales platform

13 hours 18 min ago
Amazon says an estimated 1.6 million jobs have been created as a result of small- and medium-sized businesses selling on its platform.

Amazon employees' drive-alone rate in Bellevue could get lower than Seattle. Here's how.

13 hours 38 min ago
Fewer than 30 percent of Amazon's Seattle employees drive alone to work, and 50 percent either walk, bike or take public transit.

NXP Semiconductors CEO joins board of HP

Thu, 02/27/2020 - 9:27pm
HP Inc. has appointed NXP Semiconductors CEO Rick Clemmer to its board of directors, the Palo Alto computer and printer giant announced Thursday. Clemmer has served as CEO of the Netherlands- and Texas-based chipmaker since 2009. Prior to that he spent two years as the CEO of Agere Systems Inc., now part of San Jose-based Broadcom Inc. Clemmer has also served as a senior advisor of the New York City private equity and global investment firm KKR & Co. Inc. “This is an especially exciting time…

Fast-growing Portland-area tech firm files for IPO

Thu, 02/27/2020 - 9:10pm
Vancouver-based ZoomInfo has filed for an initial public offering with the Securities and Exchange Commission. The company, which plans to list on the Nasdaq exchange under the ticker “ZI,” could raise $500 million, according to paperwork, but that figure will likely change and is used to estimate registration fees. It is unclear from the SEC documents how many shares will be sold and shares have not been priced. ZoomInfo, which was founded in 2007 under the name DiscoverOrg, had $293 million…

Crown Castle to revise financial statements after SEC probe

Thu, 02/27/2020 - 7:08pm
The communications infrastructure provider received a subpoena from the SEC in September 2019.

Two medical suppliers to close South Bay manufacturing facilities, laying off 165

Thu, 02/27/2020 - 6:15pm
Varex Imaging Corp. and Confluent Medical Technologies are shuttering their production facilities in Santa Clara and Campbell.

DocuSign is acquiring this Bay Area company for $188 million

Thu, 02/27/2020 - 6:05pm
DocuSign unveiled plans Thursday to buy Walnut Creek-based Seal Software for $188 million in cash. The deal, which is expected to close by the end of July, is designed to enhance the DocuSign Agreement Cloud suite, an array of related software products to help make contracting more efficient and seamless. Seal Software’s technology uses AI to simplify and speed up the reading of contracts by helping users find, analyze and extract relevant data from legal documents. “We have a natural synergy…

Region's biotech companies flourish and boost employment

Thu, 02/27/2020 - 6:00pm
Firms indicated that more VC investment, skilled workers and government funding could help, but Oregon employment has increased steadily as industry has matured.

Intel bars travel to countries hit by coronavirus as market sell-off slams its stock

Thu, 02/27/2020 - 6:00pm
Intel Corp. has barred employees from traveling through mainland China, Hong Kong, Macau, South Korea, Japan, Singapore and Italy as a precaution in response to the global coronavirus outbreak. The Santa Clara-based company's stock tumbled Thursday along with the rest of the market, closing down 6.4 percent. The sell-off sent markets into correction territory on fears of the widening outbreak of the coronavirus, COVID-19. In a letter to suppliers this week, Intel said all workers, which includes…

Nalu Scientific receives federal grant from NOAA for ocean mapping

Thu, 02/27/2020 - 5:56pm
Hawaii-based startup Nalu Scientific received a $120,000 six-month grant from the National Oceanic and Atmospheric Administration for further research and development of its remote sensing technology. The grant will explore the potential applications of using light detection and ranging, also known as LIDAR, for ocean and coastal mapping. Nalu Scientific will be partnering with a Tier 2 research university in Norfolk, Virginia. Nalu Scientific has received multiple research grants, including funds…

Valley tech companies see limited coronavirus impact; analyst warns it could be coming

Thu, 02/27/2020 - 5:50pm
Companies expected to feel the most effects from the coronavirus outbreak are ones that deal in electronics, pharmaceuticals and automotive.

In a week of losers, these Oregon stocks fared the worst

Thu, 02/27/2020 - 5:43pm
On a day when all major Oregon stocks lost ground, losses have mostly added up during the full week. And, each major local company except for one has lost ground for the year. Overall, the Dow and the Nasdaq each lost 4.4 percent on Thursday, with the Dow ramping its losses to 11.13 percent for the week. The S&P Index experienced its fastest correction in history, the likely result of coronavirus-related fears. Of the 12 major Oregon companies tracked by American City Business Journals, the PBJ's…

Markets see Bay Area stock sell-off as coronavirus fears in U.S. grow

Thu, 02/27/2020 - 5:40pm
Silicon Valley stocks led a historic Wall Street sell-off Thursday amid fears that the COVID-19 coronavirus has begun to spread in the United States, officially pushing the U.S. stock market into correction territory. The S&P 500 fell 4.4 percent, its worst single-day drop since August 2011, and the Dow Jones Industrial Average fell more than 1,100 points. The S&P 500 has now dropped more than 10 percent in six days, reportedly its fastest correction in history. Reports Thursday that California…

Marvell Semiconductor lays off close to 100 people at Santa Clara HQ

Thu, 02/27/2020 - 5:39pm
Silicon Valley has seen more than 1,200 layoffs in the tech industry since the beginning of the year — including at least 345 at chipmakers like Santa Clara-based Marvell.

Facebook cancels F8 developer conference in San Jose due to coronavirus concerns

Thu, 02/27/2020 - 5:29pm
Facebook Inc. has canceled F8, its large annual developer conference at the San Jose McEnery Convention Center, because of concerns about COVID-19, the novel coronavirus that has killed at least 2,800 people worldwide, the company announced Thursday morning. The conference has been hosted in San Jose since 2017. This year, it was scheduled for May 5 and 6. Around 5,000 people attended last year's F8 conference, according to Reuters. Earlier this month, the Menlo Park social media giant also canceled…