Mass High Tech News

Subscribe to Mass High Tech News feed
Technology news
Updated: 10 hours 8 min ago

StartOut accelerator for LGBTQ entrepreneurs is moving to new home

Mon, 08/12/2019 - 8:08pm
When a co-founder of StartOut Growth Lab jumped ship to a new law firm, the accelerator followed.

After Cloudability acquisition, Apptio adds a dozen to its leadership team amid hiring spree

Mon, 08/12/2019 - 7:33pm
CEO Sunny Gupta has hired six senior leaders this year and is actively seeking to fill five to seven more positions.

Rackspace opens new office in Asia

Mon, 08/12/2019 - 6:54pm
Rackspace Hosting Inc. opened a new 12,000-square-foot office space in Hong Kong overseeing Victoria Harbor, the company said in a statement last week. The company cited recent policy implemented by Hong Kong that pledged $6.37 billion to support innovation and technology development, as a reason for its expansion. "Together with our key cloud partners — AWS, Google Cloud, Microsoft Azure and Alibaba Cloud — we’re committed to helping businesses flourish by leveraging the power of the cloud,"…

Meow Wolf plans massive Santa Fe expansion

Mon, 08/12/2019 - 6:26pm
The proposed expansion would more than double the size of the company's Santa Fe manufacturing facility.

Avnet Q4 sales decline amid global economic uncertainty

Mon, 08/12/2019 - 5:39pm
Avnet Inc., Arizona's largest public company, saw sales decline 7.5% year over year in its latest quarter due to macroeconomic headwinds, China tariffs and Brexit uncertainties. Sales of $4.7 billion during the Phoenix-based electronic components provider's fiscal fourth quarter ended June 29, although in line with guidance, fell from $5.1 billion a year earlier. However, it beat analyst’s $4.54 billion revenue estimate. Since its earnings were released Aug. 8, Avnet’s shares have lost about…

Tumblr is now owned by a San Francisco company

Mon, 08/12/2019 - 5:37pm
San Francisco-based Automattic is taking a roll on Tumblr, acquiring the social media blogging site from Verizon Media, the companies said Monday. Terms were not disclosed. Web developer company Automattic, parent of publishing site WordPress.com and a dozen other sites, plans to add it to its mix of offerings. “Tumblr is one of the Web’s most iconic brands,” Auttomattic CEO Matt Mullenweg said in a statement. “It is an essential venue to share new ideas, cultures and experiences, helping…

Advocate Aurora seeks startups focused on female health, parenting innovation

Mon, 08/12/2019 - 5:29pm
Advocate Aurora Health is searching for technology startups across the U.S. that focus on female health and parent education. Through Milwaukee-based subsidiary 83 Tech Harbor, the health care network with headquarters in Milwaukee and Downers Grove, Illinois, has launched a reverse pitch competition where the winning startups earn up to $200,000 and office space in Milwaukee for 12 months. A reverse pitch is where companies are asked to provide solutions to challenges presented by the organizer…

Emtrain taps $2 million in revenue-based financing to grow rapidly

Mon, 08/12/2019 - 5:22pm
Online compliance and training company Emtrain has taken $2 million in growth funding from a relatively obscure kind of revenue-based financing company.

Postmates plans to deliver September IPO

Mon, 08/12/2019 - 5:19pm
Postmates is ready to give the tumultuous delivery market another shake with its reported plans to take the company public next month. After filing confidential paperwork with the Securities and Exchange Commission in February, the San Francisco delivery service provider is planning to hit the stock exchange by the end of the third quarter, according to a TechCrunch report. It has enlisted JP Morgan Chase (NYSE: JPM) and Bank of America Corp. (NYSE: BAC) as its lead underwriters and is expected…

Cloudera gives activist investor Carl Icahn two board seats, limits his stake to 20 percent

Mon, 08/12/2019 - 10:43am
Palo Alto-based Cloudera said Monday that it would give two board seats to multibillionaire Carl Icahn as part of a settlement to limit his ownership in the company to 20 percent. As of Friday, the activist investor owns 50.3 million shares in the data analytics company, or 18.36 percent of the company’s outstanding stock. He owned 12.6 percent of Cloudera earlier this month. Icahn has a long history of buying up undervalued companies and squeezing shareholder value out of them, either by forcing…

Former 43North winner SomaDetect closes on $2 million in funding

Mon, 08/12/2019 - 10:38am
The company, co-located in Buffalo and New Brunswick, has 12 local employees working out of the UB Gateway Building in downtown Buffalo.

Report: FBI wants to trawl for user data on social media platforms

Mon, 08/12/2019 - 10:31am
Already under fire for how they handle user data, social media companies like Facebook and Twitter appear to be headed for another clash with the government — this time over matters of security, rather than privacy. The Wall Street Journal reports that the FBI is now seeking outside vendors who can pull large amounts of public data from various social media platforms “to proactively identify and reactively monitor threats to the United States and its interests.” “It is critical to obtain…

Report: FBI wants to trawl for user data on social media platforms

Mon, 08/12/2019 - 10:05am
Already under fire for how they handle user data, social media companies like Facebook and Twitter appear to be headed for another clash with the government — this time over matters of security, rather than privacy. The Wall Street Journal reports that the FBI is now seeking outside vendors who can pull large amounts of public data from various social media platforms “to proactively identify and reactively monitor threats to the United States and its interests.” “It is critical to obtain…

In the money Aug. 12: $68M in new deals for tech, medical startups

Mon, 08/12/2019 - 9:00am
The latest companies in the money include a startup that helps brain surgeons do their job and a peanut brittle company that's cozying up to H-E-B. One of the companies plans to use its new money to hire hundreds of people.

TECH TITANS: How TGI Fridays CIO is making restaurants more efficient

Mon, 08/12/2019 - 8:55am
Sherif Mityas is a finalist in the Corporate CIO category for the 2019 Tech Titan Awards. Category winners will be announced at an awards event on Friday, Aug. 23. For more information about the awards event, click here. Since joining the TGI Fridays restaurant group four years ago, CIO Sherif Mityas has applied new technology to everything from taking orders to keeping in touch with customers. That’s meant adopting new ideas around tech like mobile applications, artificial intelligence and…

These 15 companies occupy the most office space in Austin

Mon, 08/12/2019 - 8:47am
Forty-six large companies account for 22% of the office space in Austin. This means that Austin’s fate is more vulnerable to the national economy than ever before, and to the whims of tech behemoths such as Google, Apple, Dell Technologies and IBM.

TECH TITANS: At Reddy Ice, her team is the steam that runs the engine

Mon, 08/12/2019 - 8:42am
Neelu Sethi is a finalist in the Corporate CIO category for the 2019 Tech Titan Awards. Category winners will be announced at an awards event on Friday, Aug. 23. For more information about the awards event, click here. Reddy Ice Senior Vice President and Chief Information Officer Neelu Sethi has faced some headwinds as a woman of color in a male-dominated corporate world. But she learned from her mentors to believe in herself, and succeeds as a self-described “transformer,” someone who stitches…

Funding Roundup: Mobile app developer raises $9.89M, Houston apartment developer expands to Nashville

Mon, 08/12/2019 - 8:37am
Startups and a multifamily real estate developer were among the Houston-based companies raising money during the past week.

Google employee alleges discrimination while she was pregnant

Mon, 08/12/2019 - 8:31am
Google is facing yet another human resources challenge after an employee posted a message on an internal message board accusing the company of discriminating against her when she was pregnant. The woman posted the 2,500-word memo about why she did not plan to return to the tech giant after her maternity leave to a group for expectant and new mothers, and it was viewed by more than 10,000 employees, Motherboard reported last week. The woman said she had faced discrimination from managers while…

IT company opening downtown Milwaukee office at The 42

Sun, 08/11/2019 - 7:00pm
TEKsystems Inc. is opening an office in downtown Milwaukee, a community the international software services company recently dubbed the “newest tech hub.”

Pages