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Updated: 18 min 14 sec ago

Head of Uber Eats for U.S. and Canada leaves after 6 months

Mon, 03/08/2021 - 7:59pm
Stephane Ficaja, the head of Uber Eats' U.S. and Canada markets, is leaving the San Francisco online food delivery company after just six months at the helm. Replacing Ficaja is Sarfraz Maredia, who has been regional general manager of Uber rides' U.S. and Canada division since 2014. Before joining Uber (NYSE: UBER), Maredia was vice president of corporate development at IMS Health, which merged with health care information company Quintiles. Ficaja only took on the role as head of Uber Eats'…

Dallas company raises $10M, eyes expansion amid growth

Mon, 03/08/2021 - 7:53pm
A cybersecurity company attracted fresh funding after landing backing last year. Cyber Defense Labs in Dallas raised $10 million this year with additional funding expected, according to Katy Montgomery, executive vice president for corporate affairs. That follows $10 million that it landed according to a filing this past August with the U.S. Securities and Exchange Commission. The new backing will help with additional resources to invest in our targeted growth strategy, Montgomery said. "It…

$300M data center planned for Columbus' south side

Mon, 03/08/2021 - 6:42pm
Columbus City Council on Monday is considering economic incentives for the data center and two technology companies that would create a combined 150 jobs.

Portland's Resilient eyes more water-efficiency projects after acquisition by PE firm

Mon, 03/08/2021 - 6:16pm
It's looking for a piece of a multibillion-dollar water and wastewater market in the U.S. and Canada.

Cisco promotes three top women execs, names new female board member

Mon, 03/08/2021 - 6:13pm
The San Jose networking giant is expanding some of its top leaders' responsibilities and adding Intuit's chief technology officer to its board.

Stitch Fix tempers full-year guidance after "softer than anticipated" holiday performance

Mon, 03/08/2021 - 6:08pm
A 40% revenue surge hinted at in previous guidance is no longer in the cards for the S.F.-based online apparel service.

IonQ makes its move to be Wall Street's quantum company

Mon, 03/08/2021 - 6:03pm
The IPO for the College Park company could place the city in the epicenter of the quantum computing field.

Porter Road raises $10 million with help from Nashville tech entrepreneurs

Mon, 03/08/2021 - 5:37pm
With three big names from Nashville's tech scene involved in the round, the deal is a sign that Porter Road's e-commerce platform is the focus of the butcher's growth plan, while emphasizing its story of sustainable farming — because "There’s nothing sexy about getting a steak from Amazon."

Digitizing your business’ workflow keeps it more competitive

Mon, 03/08/2021 - 5:28pm
If your business uses a lengthy manual process to execute its core functions, you are likely behind your competitors. Almost eight in 10 chief information officers say that digitizing business processes has improved efficiencies in 10 main business functions outside of IT, including finance, legal, HR and customer service. “Workflow digitization takes out the manual process, which cuts the time that an employee spends on that particular work by half or more. Also, your margin for error is…

Dish Network acquires Raleigh-based retail wireless brand

Mon, 03/08/2021 - 5:09pm
The retail brand, which spun-out of Raleigh-based Bandwidth, will be another stepping stone in Dish building out its 5G network.

The Pitch: St. Louis startup 3D Gloop! finds an idea that sticks

Mon, 03/08/2021 - 12:32pm
St. Louis startup 3D Gloop! has found a niche in the 3D printing market. Since its launch in 2018, the startup has generated more than $300,000 in revenue and shipped over 10,000 units to 47 countries.

TBJ Plus: Big gift for UNC from Roy Williams; Must-see light show at Raleigh's Glenwood Place; Global firm seeks to sell Cary unit

Mon, 03/08/2021 - 12:30pm
With two wins over rival Duke this season and another berth in the NCAA Tournament all but guaranteed, UNC men's basketball coach Roy Williams must be in a giving mood.

Meet the startup cleaning up on Bay Area exodus and eyeing Dallas expansion

Mon, 03/08/2021 - 12:26pm
Luis Perez saw a golden opportunity after the pandemic nearly crushed his business: vacated office spaces filled with furniture that needed hauling.

GameStop board has formed strategy group led by Chewy co-founder

Mon, 03/08/2021 - 12:18pm
Shares surge more than 25 percent on Monday.

Money & Tech Roundup: MDLive to be acquired; Boston Private expands in Miami

Mon, 03/08/2021 - 11:56am
The week's finance, technology, venture capital and economic development news.

Saks Fifth Avenue spinning off e-commerce operations into a separate company

Mon, 03/08/2021 - 11:55am
Saks Fifth Avenue will spin off its e-commerce business into a standalone entity called Saks in partnership with growth capital investor Insight Partners, parent organization Hudson Bay announced. Insight Partners has made a $500 million minority equity investment in Saks, valuing the business at $2 billion. The retailer’s 40-store fleet will continue to operate separately as an entity known as SFA, which will remain wholly owned by HBC. Rhône Capital, a significant shareholder of HBC, also…

Airspan Networks to go public, grow 5G technology market share

Mon, 03/08/2021 - 11:41am
The combined company is expected to be worth $822 million.

Cost vs. customer experience: With liquid infrastructure, you don’t have to choose

Mon, 03/08/2021 - 11:21am
The past 12 months have felt like I’m competing in a reality TV show called “Change Warriors.” Anyone with me? Think back to early 2020. How were you browsing for and purchasing your groceries, electronics, and healthcare services? I’m guessing it’s a 180-degree difference from the way you do today. Now look at your home and office. Do you have college-age or grown children living with you now who weren’t just a year ago? Have you foregone a corporate commute for a short stroll from…

Cost vs. customer experience: With liquid infrastructure, you don’t have to choose

Mon, 03/08/2021 - 11:20am
The past 12 months have felt like I’m competing in a reality TV show called “Change Warriors.” Anyone with me? Think back to early 2020. How were you browsing for and purchasing your groceries, electronics, and healthcare services? I’m guessing it’s a 180-degree difference from the way you do today. Now look at your home and office. Do you have college-age or grown children living with you now who weren’t just a year ago? Have you foregone a corporate commute for a short stroll from…

Cost vs. customer experience: With liquid infrastructure, you don’t have to choose

Mon, 03/08/2021 - 11:18am
The past 12 months have felt like I’m competing in a reality TV show called “Change Warriors.” Anyone with me? Think back to early 2020. How were you browsing for and purchasing your groceries, electronics, and healthcare services? I’m guessing it’s a 180-degree difference from the way you do today. Now look at your home and office. Do you have college-age or grown children living with you now who weren’t just a year ago? Have you foregone a corporate commute for a short stroll from…

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