As Monday morning rolls in, we’re providing TechWire readers with a quick recap of the past week’s news headlines.
Hot news for October 14-19 included: SAS and Red Hat are teaming up for a hybrid cloud platform; after a new $100 million round, Raleigh startup Pendo is officially a “unicorn,” valued at $1 billion; Charlotte’s tech jobs market is growing more competitive; the NC Biotech Center awarded 18 grants and loans totaling $1.4 million to bioscience companies and programs; IBM’s revenue has dropped for the fifth consecutive quarter, even with 1,000 new workers and contributions from Red Hat.
- Check out TechWire’s comprehensive resource package for Triangle startups.
And in national news: WeWork is reportedly looking to raise $5 billion after putting off its IPO; Google unveiled new hardware products with more AI capabilities; after an unexpected close to season 10, Fortnite enters “chapter 2”; vaping-related deaths climb to 33; the FCC has approved the $26.5 billion Sprint-T-Mobile merger.
Keeping with our Monday tradition, here’s a look back at 89 local, state and national headlines as reported by WRAL TechWire last week:
MONDAY October 14 Headlines:
- ArchiveSocial’s founder moves to exec chair role; new CEO takes over
- Artificial Intelligence can discover, exploit personal information via a video game – here’s how
- Cloud tech firm opens Durham office, is hiring, aiming to add scores of jobs ‘very quickly’
- CommScope sues tech rival, former employees after settling another dispute
- Is China-US trade war really over? A truce papers over many remaining differences
- Is this the end for Fortnite? Game disappears into a black hole of its own making
- Looking for a tech meetup? Here are 100+ in Triangle to check out
- NC headliners: 46 upcoming events across North Carolina this month
- Report: WeWork looks to raise $5B after putting off IPO
- So why did startup FilterEasy rebrand as Second Nature? An exec explains
- Startup focusing on college student recruiting lands $1M from Cofounders Capital
- Survey: E-cig use among young adults surges nearly 50% from 2017 to 2018
- TechWire rewind: Innovate Biopharma deal; Red Hat CFO exits; 70+ more headlines
- Triangle event headliners: 70 local conference, workshops, panels & more this month
- Two MIT, Harvard professors share Nobel Prize for economics
- We keep making updates to our Triangle Startup Guide – check out the latest additions
- What’s happening across NC in Nov.? Here’s our exclusive calendar preview
TUESDAY October 15 Headlines:
- Duke Energy to build power storage facility in SC as part of $500M battery plan
- Facebook moves ahead with digital currency even as Visa, Mastercard, PayPal withdraw support
- Fast food chain Chipotle will now cover tuition for tech and business degrees
- Fortnite’s back: ‘Chapter 2’ launches with many changes after black hole absence ends
- Google touts Artificial Intelligence with new smartphone, other hardware (+ watch event videos)
- Google to unveil new phone with artificial intelligence features
- Infographic: 2019 shaping up as remarkable year for investments and exits
- ‘Leadership in Rural Innovation’ the focus of Nov. 7 WRAL TechWire Live event
- Novo Nordisk invests in new $40M wastewater plant, turns over to Clayton to help spur BioPharma Crescent growth
- Reality check: IoT Demo event in Raleigh showcases latest in virtual, augmented reality
- Reviewing Fortnite’s new chapter: A veteran gamer sees it as ‘a new beginning’
- SAS, Red Hat partner to make analytics more accessible across cloud platforms
- Streaming wars: Netflix stock is suffering as competition heats up
- Streaming wars: World’s largest theater chain unveils on demand service
- TechWire readers can get 20% discount to Bull City Venture Partners event
- This new investment fund doesn’t include IBM or Disney – here’s why
- UNC study: Fewer concussions now among HS athletes but injuries in football games increase
- Yahoo may pay you $358 if your accounts were breached – here’s what you need to know
WEDNESDAY October 16 Headlines:
- 1,500 jobs from IBM, Credit Suisse, Metlife, other firms will be available at job fair Thursday
- AT&T blames vendor for weeks-long voicemail outage affecting some wireless customers
- Climate change will raise risk of bigger, broader Ebola outbreaks, study warns
- Even with boost from Red Hat and 1,000 new workers, IBM’s revenue drops again
- ‘Fake news’ poses little threat to established brands, NCSU study finds
- Fashion-in-space: Virgin Galactic unveils ‘spacewear’ for its private astronauts
- Former Duke athletes develop wearable tech to boost injury recovery, prevention
- From porn requests to Lady Gaga, Fortnite’s Chapter 2 rollout ignites reaction worldwide
- Google touts privacy with ‘smart’ hardware, artificial intelligence – but are you safe?
- Intel agrees to $5M settlement in dispute over pay discrimination
- Jaggaer (formerly SciQuest) names new CEO, creates COO position
- LendingTree expands its auto financing offerings
- NC Biotech Center awards $1.4M in grants, loans; portfolio startups raise $16.5M
- Startup TriPharm Services prepares to open medical tech manufacturing facility in Morrisville
- Tech on Tap podcast: Interview with NC Economic Development Association exec
- What’s future of industrial hemp in NC? Thought leaders gather to explore possibilities
- Zuckerberg caught in political crossfire, defends talks with conservatives
THURSDAY October 17 Headlines:
- AvidXchange sells $20M in shares linked to ‘business transaction’
- Charlotte brewery software firm Ekos lands $8M in funding, plans to go on hiring spree
- E-cig company Juul Labs to stop selling several flavored products in US
- Fast-growing Raleigh cloud tech startup Pendo raises $100M, plans more expansion
- FCC approves $26.5B merger of T-Mobile, Sprint but hurdles remain
- Health app privacy: What you need to know
- IBM exec hails impact of Red Hat merger – from 1,000 new workers to 20% spike in revenue
- Industrial hemp processor to open $3.46M facility in NC, creating 30 jobs
- Investors acting more like Warren Buffett, showing less passion for Big Tech
- LabCorp turns 50: Remembering life science giant’s humble beginnings, taking a look to its future
- New Duke University center to focus on science, technology policy
- New study is first ‘demonstration’ to link vaping e-liquids with lung inflammation
- Renewable energy startup fund in Durham lands $150M injection
- Streaming wars: Netflix ‘salad days’ may be over as subscriber growth misses expectations
- Talent acquisition firm hires former PeopleClick execs to lead new Triangle office
- Triangle entrepreneur launches Women Inspiring Women Conference
FRIDAY October 18 Headlines:
- Charlotte’s fast-growing tech jobs market growing even more competitive
- Charlotte’s fintech software firm AvidXchange lands $130M in equity
- David Gardner: Why investors require redemption in term sheets
- First all-female spacewalking team makes history
- Humans vs. robots – who gets blame for workplace accidents? Study says …
- ‘Mountain Raise’ brings crowdfunding opportunities in 28 firms to a pitch event
- Oracle CEO Mark Hurd dies at age 62
- Reports: Five firms may pay $50B to settle opioid epidemic lawsuits
- Robotic surgery firm TransEnterix to explore possible sale, will restructure
- Staying tech savvy: Six insights on innovation from UX Y’all conference
- Technology is driving down pay at a Wall Street giant – here’s and why
- Trade war fallout: China GDP growth is weakest since 1992
- Triangle headlines: AskBio, PPD, Novan, RedHill, Mercury Gate, Percona
- Vaping-related illness deaths rise to 33; study finds vaping-lung woes link
- Wilmington’s Cucalorus festival celebrates 25 years of innovation
- Zuckerberg: Facebook ‘must continue to stand for free expression’
Weekend Reading:
- $50B settlement talks with NC, others over opioid crisis fail; trial to being Monday
- Ever heard of a ‘growth recession’? That’s what may be coming, not a 2008 crash
- Facebook’s new oversight board will make its decisions public, exec says
- Google affiliate begins drone deliveries in Virginia following in steps of NC program
- JP Morgan exec: Facebook currency will fail, ‘probably’ no recession
