As Monday morning rolls in, we’re providing TechWire readers with a quick recap of the past week’s news headlines.
Hot stories for July 22-27 included: North Carolinians are expected to receive $5 million out of Equifax’s $700 million data breach settlement — here’s what to do if you were affected; New Jersey-based pharma firm Merck is expanding to Durham and Wilson, promising 425 jobs with $60,000 starting pay for roles that don’t require a college degree; high-tech job openings are on the decline in NC for the third consecutive month; an in-depth report from WRAL dissects Raleigh Police’s use of search warrants to obtain Google data in murder investigations.
These North Carolina startups announced new funding rounds last week: Chapel Hill’s ETON Solutions, Wilmington-based Kwipped, Durham-based Baebies and Charlotte-based ThreatSwitch Inc.
- Check out TechWire’s comprehensive resource package for Triangle startups.
And in national news: Facebook gets hit with a $5 billion fine for privacy violations; new Department of Justice antitrust probe targets “big tech”; Tesla’s stock is declining fast, with $408 million lost in three months leading up to June; the T-Mobile-Sprint “mega-merger” has been approved by the Justice Department.
Here’s a look back at 79 local, state and national headlines as reported by WRAL TechWire last week:
MONDAY July 22 Headlines:
- Auto Intel Summit gathers thought leaders to analyze changing industry
- Fake news? New UNC Chapel Hill Center plans to investigate, keep it real
- High-tech job openings in NC decline for third consecutive month
- Infographic: Breaking down the Equifax settlement
- Mammoth data breach to cost Equifax some $700M; NC gets nearly $5M
- NC firms BB&T, Duke Energy make new Forbes’ workplace list focusing on women
- NC headliners: Black Business Week, NC IDEA sessions, Startup Grind Davidson + more July events
- Networking in the Triangle: Your guide to local meetups
- On the horizon: 81 upcoming events across NC in August
- Reporter’s multi-city 5G tour finds a ‘fast and hot’ mess
- ‘Star Market:’ China launches its own version of Nasdaq, tech shares soar
- Sustainable Fleet Technology Conference set for Durham Aug. 7-8
- TechWire rewind: Hyperloop future; Pappas Capital changes; AvidXchange expansion + 76 other headlines
- Triangle headliners: Healthcare Forum, ML4ARC + more July events, deadlines
- Triangle Startup Guide updates: More resources, coworking spaces for entrepreneurs
- Were you affected by Equifax data breach? Here’s what to do
- Wilmington startup Kwipped raises $1.3 million from 33 investors
TUESDAY July 23 Headlines:
- Autonomous cars reality: Not for some time, but they’re coming, experts say at summit
- Big Tech giants being investigated for antitrust by gov’t
- Cary’s ‘smart city’ work could one day save taxpayers money
- Cisco, other tech execs lobby Trump about Huawei trade dispute
- Climate change could affect growth of world’s food supply, RTI study warns
- Durham biotech startup Baebies adds $6M to funding round
- Former Red Hat executive joins emerging startup Valencell as CFO
- Here’s breakdowns on hottest jobs, IT skills in demand across NC
- Here’s why Microsoft is investing $1B in artificial intelligence startup OpenAI
- How to head off a recession? End trade war, analyst says
- IBM: Average cost of data breaches at US companies soars to $8.19M
- Microsoft paying $25M for multiple bribery schemes
- Report: Apple may be buying Intel smartphone-modem chip business
- UNC study: Flooding from hurricanes, storms is ‘off the charts,’ driven by climate change
- Watch out, Amazon – China giant Alibaba to allow US firms to sell products
- What’s ‘Real Cost’ of vaping? FDA launches new campaign (+ watch a new ad)
- Why did 11-year Red Hat finance veteran leave to join startup Valencell?
WEDNESDAY July 24 Headlines:
- AT&T plans another streaming service even as TV customers decline
- Biotech startup raises $13M, expands Triangle presence under former BioDelivery Sciences CEO
- Chapel Hill-based ETON Solutions raises more than $5 million
- Deutsche Bank, which is cutting jobs in Cary, reports $3.5B quartertly loss
- Durham bitcoin firm finds way around China tariffs to land new mining hardware
- Esports pushes Raleigh Convention Center to get ‘major tech upgrade’
- Feds hit Facebook with $5B fine – largest ever on tech company
- Feds target ‘Big Tech’ with antitrust probe to ‘ensure Americans have access to free markets’
- GSK names new board chair; revenues surge nearly 7% from 2018
- Immigrants seeking green cards through investments face sharply higher costs – $900,000
- IQVIA earnings, revenues beat Street estimates
- Lenovo vaults 28 spots in Fortune Global 500 to No. 212 as revenues surge
- More Square 1 execs, including 2 in Durham, jump into venture banking game
- SAS, Duke Energy, Cisco top Forbes’ inaugural NC list for best employers
THURSDAY July 25 Headlines:
- Anatomy of a merger: The challenges of real time analysis of IBM’s deal for Red Hat
- Artificial Intelligence that keeps humans in the loop: How, why Swivl is turning heads
- Bring it on, GalaxyCon: I’ve been waiting all year for this
- Bull City Venture Partners sets lineup for annual VC event
- CRISPR gene-editing technology to be tested as cure for inherited form of blindness
- From billions for Musk to The Gap, 20+ CEOs make 1,000 times their employees’ pay
- How an AI startup overcomes ‘a thousand hurdles:’ Using the feedback loop
- Incentivized? The Bull City wins 4th expansion bid this year
- LabCorp’s financials a mixed bag: A revenue miss, an earnings beat
- Merck picks Durham, Wilson for $680M expansion, 425 new jobs
- Merck’s promise to Durham: Loads of jobs with $60,000 starting salaries, no degree required
- Next hurdle for Facebook after $5B fine: An FTC investigation
- Tesla’s losses mount, hitting $408M; stock dives
- US Treasury Secretary: Amazon ‘destroyed the retail industry across the United States’
- Yum? Beyond Meat’s menu soon may include fake bacon, steak
FRIDAY July 26 Headlines:
- 5G ‘doubling down:’ Apple to buy Intel’s smartphone modem group for $1B
- Charlotte-based security service provider raises nearly $370,000, wants more
- Compensation trends show why it’s better to join a startup than be a founder or investor
- Durham’s LCI, a large employer of the visually impaired, acquires Raleigh Lions Clinic for the Blind
- Epic Games putting on Fortnite ‘World Cup’ with $30M in prizes
- Feds approve T-Mobile’s $26.5B takeover of Sprint
- Execs shoot hoops, talk changing IT landscape at Duke’s Cameron Stadium
- Girls cyberbullied, harassed 3x more than boys: Survey
- Heavy investments in faster deliveries cut into Amazon profits
- How to market to millennials: 4 tips for engaging our most connected generation
- In quest to solve murders, Raleigh community targeted twice by Google warrants
- NCSU, RTI researchers using virtual reality to help first responders with new tech
- Shares in Google parent Alphabet jump 8% as revenues jump 19%
- Study: Millennials are not who, what you may think they are
- Twitter reports strong Q2 surge in user numbers
