Mass High Tech News
Sublime Systems to get up to $87M in federal funding
The climate-friendly cement maker announced in January that it would build its first commercial plant in Holyoke.
Industrial tech manufacturer to cut 70 jobs in Salem
On its way to Pennsylvania, Excelitas Technologies Corp. is transferring 84 positions to an existing company site in Billerica.
DraftKings CEO's total compensation cut in half in 2023, to $21M
The sports-betting company's chief executive, Jason Robins, was granted total compensation last year valued at less than half the $47.5M he got the previous year. The sports-betting company also approved personal security measures for Robins and fellow co-founder Matt Kalish, president of DraftKings.
Commentary: Congress must act now to ensure digital equity
High-speed internet access is a vital lifeline that too many households cannot afford. A key federal subsidy program is expected to run out of funding as soon as April. Lawmakers must ensure that funding is renewed, writes Jim Brett of The New England Council.
This app uses AI to help you create art and understand your subconscious
Navid Aghasadeghi quit his job at Boston Dynamics last week to focus on an app that helps users generate visual stories through audio or written prompts.
National Beat: Tech downturn hits the office market, mining the moon, and more startups to watch
How the tech downturn impacts the office market, the state of defense tech, and more startups to watch in the latest National Beat.
Cosplayers, collectibles and console covers: PAX East is back in the Seaport
The annual convention held since 2010 to celebrate video and tabletop gaming culture is expected to attract 100,000 attendees through Sunday.
These high-tech sneakers come with a perk: Exclusive access to the MFA
NFT-equipped sneakers from Boston-based Endstate will let wearers gain access to exclusive access and content at Boston's Museum of Fine Arts.
Chewy's headcount falls by 1,300 in 2023
At least 200 roles were cut by the online pet goods retailer in a round of layoffs last year.
Cybersecurity startup closes $21 million VC round, plans to expand operations
The Seaport based firm aims to build up its customer base and lead the market with new funds from the round.
With 12 acquisitions under its belt, IT consulting firm eyes even more
One of the state’s largest IT consulting firms plans to get even bigger with five planned acquisitions in 2024 on top of 12 completed deals in the past three years.
Local company buoyed by new focus on U.S. semiconductor manufacturing
The push towards domestic semiconductor manufacturing has created the ideal environment for one Beverly semiconductor technology company to flourish.
Alumni Ventures targets 15-20 investments with new Women’s Fund
Alumni Ventures plans to invest in companies founded, co-founded or led by women with a new fund.
Flywire CEO Mike Massaro looks to 'keep the journey going'
Right before Mike Massaro became CEO of Flywire Corp. in 2013, the fintech company was in a precarious situation. Now, more than a decade later, Flywire is a global fintech leader.
Inno Madness 2024: 32 companies remain, Round 2 voting is open
After over 2,100 votes in Round 1, we have the 32 startups advancing to the second round of Inno Madness 2024.
Managers keen to use AI tools to cut workers, salaries
Experts say artificial-intelligence tools should be used to augment workers. But managers are eyeing pay cuts instead.
Zapata AI now expects to trade on Nasdaq after closing SPAC deal
The company develops generative AI software aimed at solving industrial problems, such as helping banking institutions optimize their portfolios or helping pharmaceutical companies with drug discovery.
SQZ founder’s new startup raises $5 million in pre seed funding
The startup is essentially developing the next generation of the tech that his former company, SQZ Technologies, was known for. Now the new venture has $5 million in pre-seed funding.
From disruption to symbiosis: The evolving relationships between banks, fintechs
“There was a swagger, and fintechs (thought) they were going to put us out of business," said one bank CEO. "And now ... they recognize they need to be in partnership with the bank."
Workbar plans two more locations with $1.2M
The 13th and 14th locations of Boston's coworking space Workbar are slated to open in the next 12 to 18 months.