Mass High Tech News

Subscribe to Mass High Tech News feed
Technology news
Updated: 33 min 18 sec ago

Patti Payne's Cool Pads: $2.9M Fall City estate with famed treehouse

Fri, 03/22/2019 - 8:09pm
Not everyone can say that a part of their home has been on national TV. But entrepreneur techie James Walter can. His grand 10-acre estate, which features an elegant 7,640-square foot manse and a luxurious treehouse chalet in a 300-year-old Douglas fir, is on the market. The treehouse, with its double-sided fireplace and room to sleep four people, has been featured on Animal Planet’s “Treehouse Masters” show. The estate is listed for $2.85 million. Windermere Brokers Joseph Brazen, Randi…

New Mitsubishi boss says MRJ jet on track for 2020

Fri, 03/22/2019 - 6:24pm
The MRJ, if certified by aviation regulators to fly commercially, will be a future competitor of the Airbus A220 and Embraer E2; the Brazilian jet maker that Boeing has a joint venture with.

Amid Bay Area exodus, some companies rush into region

Fri, 03/22/2019 - 5:44pm
The Bay Area's embrace of risk, failure and new ideas means it remains it a magnet for companies around the world eager to tap into region's innovation.

Pinterest files IPO plans with eye towards April launch

Fri, 03/22/2019 - 5:28pm
Pinterest is the latest unicorn to pursue an IPO, filing Friday with the Securities and Exchange Commission to issue stock. The San Francisco-based social media darling will be able to begin its roadshow with investors as early as 15 days from today. The company plans to trade on the New York Stock Exchange under the ticker PINS. The company is aiming to begin trading sometime in April, according to the Wall Street Journal. The social media company appears bullish on its future prospects. It recently…

Here's what happened when Frank Gehry met Mark Zuckerberg to discuss Building X

Fri, 03/22/2019 - 5:05pm
Zuckerberg told the famous architect he wanted a building that expressed the company’s values, which include modesty.

Los Alamos startup wins SXSW pitch competition

Fri, 03/22/2019 - 4:40pm
High-tech startup UbiQD drew praise from innovators, investors and others at the 11th annual SXSW Pitch, part of South by Southwest, an event in Austin, Texas, featuring film, music festivals and media and technology conferences. The Los Alamos-based startup, founded in 2014, took the top spot earlier this month in the two-day pitch contest's Hyper-Connected Communities category, one of 10 groups in which over 50 startups attempted to explain their innovative solutions. The startup won $4,000 in…

Opendoor gobbles up another $300 million to finance ‘rapid growth’

Fri, 03/22/2019 - 4:36pm
San Francisco-based Opendoor, which offers quick sales of homes for a fee, has raised $300 million in equity as it pursues several growth initiatives. The fast-growing startup that operates in 23 markets — and is beefing up its presence in Scottsdale — is following a tried and true maxim for startups when it comes to fundraising: Get while the gettin’s good.  The company has now raised $1.3 billion in equity capital and $3 billion in debt financing. The company needs substantial capital…

Here's what's cooking at Design Week Portland 2019 (Photos)

Fri, 03/22/2019 - 4:00pm
In the space of seven days, Design Week Portland will feature 350 events as creative types flood the city. The seven-year-old program was "created by designers for designers — and anyone else curious about the role design plays in our society," organizers explained in a release. The events, for which registration is currently open, take place throughout Portland. “There is such incredible depth and range in the design work coming out of this city, that there are endless opportunities for cross-disciplinary…

Software company seeks incentives to move headquarters to Jacksonville

Fri, 03/22/2019 - 3:57pm
An international IT company is seeking nearly $1 million in state and city incentives to move its headquarters to Jacksonville and expand its workforce here. The company, codenamed “Project Liberty,” has promised to create 198 jobs at an average annual wage of $69,000 and to invest $1.7 million in real estate improvements, IT equipment and furniture and fixtures. The jobs would be created by no later than the end of 2021. In exchange, the city and state would provide a tax refund of $5,000…

Researcher's notebook: New breed of investor drives megadeals

Fri, 03/22/2019 - 3:48pm
VCs poured millions in Washington state but remained selective on mega deals, the funding stage and the type of industry.

Zoom Video Communications files for likely April IPO

Fri, 03/22/2019 - 3:45pm
Zoom Video Communications Inc. filed Friday afternoon for an IPO in which it initially is targeting to raise $100 million. The filing puts the San Jose-based video conferencing business in line for an April debut on Nasdaq with the symbol of "ZM." Zoom's prospectus shows it could be a relative rarity in recent years as a new tech stock from a company that is actually showing a profit. It swung from a net loss of about $4.8 million for the year ended Jan. 31, 2018, to a profit of $7.6 million in…

Tosa IT firm Omni Resources acquired by Chicago's Saggezza

Fri, 03/22/2019 - 3:34pm
Omni Resources Inc., a Wauwatosa-based IT consulting, talent and software development company, has been acquired by Saggezza, a Chicago-based data analytics company. Terms of the deal were not disclosed. “Omni has strong roots in the Wisconsin area, and they’re the perfect partner for us,” said Arvind Kapur, CEO of Saggezza, in a statement. “With this expansion, Omni and its customers will benefit from Saggezza’s strategic leadership and global experience, all while adding a whole…

Central Florida gets piece of Boeing's $4B contract to build Super Hornet aircraft

Fri, 03/22/2019 - 3:27pm
The U.S. Navy wants a swarm of newly upgraded Super Hornet aircraft and is paying Chicago-based Boeing Co. (NYSE: BA) a hefty amount to build them, including some work in Central Florida. The military branch awarded a $4 billion, five-year contract to Boeing for the firm to build 78 F/A-18 — better known as Super Hornet —aircraft. The contract is specifically for the full rate production of 61 F/A-18E variant, and 17 of the F/A-18F variant — both models being Block III configurations. When…

Woodlands forensic genomics firm closes $4M Series A

Fri, 03/22/2019 - 3:19pm
CEO David Mittelman has a passion for using genomics to solve cold cases.

Boeing shifts 777X factory leader to oversee supply chain operations

Fri, 03/22/2019 - 3:19pm
In the second major engineering shake up this week, Boeing plucked the leader of its 777X factory in Everett and put her in charge of the jet maker's troubled supply chain operations. Elizabeth Lund is now vice president and general manager of supply chain at Boeing Commercial Airplanes, taking over that role from Boeing senior vice president Kevin Schemm, who remains with the company as CFO of the airplanes unit and a senior vice president of its business operations and performance. Boeing announced…

Trustify investors ask court to appoint receiver

Fri, 03/22/2019 - 3:06pm
One of Trustify’s investors is asking Delaware’s Chancery Court to appoint a receiver to oversee the company, claiming in court documents that founder and CEO Danny Boice “misappropriated Trustify corporate funds for personal use” and effectively abandoned the business. Anchorage Illiquid Opportunities Offshore Master V LP invested $6.7 million into the on-demand private investigation service, according to court documents first posted online by executive coach and blogger Glen Hellman. The…

Demand for AI could require contracting officers to get 'creative'

Fri, 03/22/2019 - 2:59pm
With the government’s interest in artificial intelligence heading toward a fever pitch, the pressure is on for contracting officers to find new tricks within the rules of the road to keep pace.

Procurri LLC relocating suburban sales force to Buckhead for transit

Fri, 03/22/2019 - 2:58pm
Procurri LLC CEO Sean Murphy confirmed the decision to Atlanta Business Chronicle just days after Gwinnett County voters defeated a referendum to bring bus and rail service the county.

CIO of the Year finalists named for 2019 awards

Fri, 03/22/2019 - 1:00am
The Boston CIO Leadership Association, in partnership with the Boston Business Journal, has announced the finalists for the 2019 Boston CIO of the Year Awards.

Trust, but verify: A modified Zero Trust standard applied to your personnel

Fri, 03/22/2019 - 12:00am
An organization’s data-bearing devices, and the data contained thereon, are under constant attack. The result had been significant daily data breaches – literally.  Just this past year, an 88% increase in business security threats or incidents has been reported. [1]  Much of this attack activity is directed at an organization’s personnel, and the prolific provisioning of access to resources, as well as the variety of users of data bearing devices, has directly contributed to the continual…