As Monday morning rolls in, we’re providing TechWire readers with a quick recap of the past week’s news headlines.
Here was the hot news for January 20-24: Pharma giant Eli Lilly & Co. will build a $470 million production facility in RTP, creating 462 jobs; IBM reported a boost in revenue, touting Red Hat’s impact; Charlotte “unicorn” AvidXchange raised $260 million in new capital; 8 NC firms made it to Fortune‘s 2020 “Most Admired Companies” list; 16 NC companies earned top scores in a study of LGBTQ workplace standards; WRAL TechWire celebrated its 18th anniversary; Durham startup Mati Energy is shutting down; and here’s how the U.S.’s new trade deals help North Carolina.
Also, an update on the local coworking scene: TechWire wanted to gauge the state of the coworking market in the Triangle, so we asked the people who are leading it. Read our Q&As with Loading Dock Raleigh, Frontier RTP and First Flight Venture Center.
Several North Carolina companies announced funding rounds last week, including: Charlotte-based AvidXchange ($260 million), Greensboro-based Proficient Health ($2.6 million) and Wilmington-based CloudWyze ($650,000). Even more fundraises were noted in our summary of recent SEC filings.
- Check out TechWire’s comprehensive resource package for Triangle startups.
And, in national news: A new World Economic Forum report warned of the dangers associated with emerging technologies; the deadly Coronavirus is spreading internationally; and the U.N. says the hacking of Jeff Bezos’ phone appears to be linked to Saudi Arabia’s crown prince.
Keeping with our Monday tradition, here’s a look back at 71 local, state and national headlines as reported by WRAL TechWire last week:
MONDAY | January 20 Headlines:
- A $2 billion unicorn? AvidXchange raises another $260M
- Charlotte Innovation Week features 5 days of events touting city’s startup ecosystem
- Durham drug firm Alcami acquires recently launched TriPharm, new plant
- Explosive SpaceX test could launch a year of renewed human spaceflight from US (+ video)
- Funding roundup: NC firms kick off year with millions in the bank
- Google CEO calls for regulation of artificial intelligence
- HQ Raleigh reports 45% spike in membership after adding 2 new spaces
- Is Blue Monday really the most depressing day of the year or a myth?
- “Just Podcast” shines light on leaders pursuing justice in their communities
- Looking for a tech meetup? Here’s your guide to more than 100 in the Triangle
- NC Jan. event headliners: RIoT Hacker Night, Elevate Demo Day, Seed the South + more
- On the horizon: 81 events & deadlines coming up in February across NC
- Responding to reader input, TechWire Triangle Startup Guide adds more content
- Technology’s looming nightmare: Report warns of increasing threats for us all
- Tech Today: Cisco WiFi recall; NetApp transition; Lenovo VR move; IBM patent strategy + Epic Games Store, Enterprise Java
- TechWire rewind: FCC broadband; US-China; NC innovation + 78 more headlines
- Triangle Jan. event headliners: Raleigh Expo, Vets Job Fair, STIR Briefing + more
TUESDAY | January 21 Headlines:
- Casting call: New Shark Tank-like podcast is looking for underrepresented entrepreneurs
- Duke U. engineers’ new model could help predict earthquakes (+ video)
- Eli Lilly returns to RTP with $470M plant for diabetes drugs
- How innovative is NC? Time lag in data dragging down its rank, state exec says
- IBM reports spike in revenue thanks to boost from Red Hat
- Iqvia, Duke Energy, Bank of America, 5 other NC firms crack Fortune Most Admired Companies list
- More NC firms earn perfect scores in new LGBTQ worker equality index
- Proficient, which merged with Raleigh-based MD Interconnect, raises $2.6M from 31 investors
- Report: Epic Games exec leaves to rejoin Ubisoft
- Scientists already working on vaccine to target deadly new China virus, feds say
- Tech Today: IBM’s AI rules, Epic Vs Steam, McClatchy debt + Mycovia, TransEnterix, Aerie, Pyxus, RedHill news
- Tesla challenges claims its vehicles can accelerate on their own
- Time for new IBM leader? If so, Red Hat’s Whitehurst is a top choice, analyst says
- We’re carbon neutral, declares Bank of America
WEDNESDAY | January 22 Headlines:
- Durham’s Frida Kahlo murals come to life with new augmented reality app
- Durham startup: Clinical trial results prove it has cure for baldness
- ‘Ecosysteming:’ NC IDEA’s goal of advancing inclusive economic development, entrepreneurship
- France, US reach temporary compromise on digital taxes
- From ‘little web site’ to millions of readers – TechWire turns 18
- Gates, Branson join investors in $161M funding for cell-based meat startup
- Redesigned WRAL News app puts users in control with new ways to get their news
- Report: Next iPhone will be ‘unlike anything anyone has ever seen’
- Streaming wars: Netflix still growing despite increasing competition
- UNC scientists, partners report ‘major step’ toward HIV cure
- Wilmington-based Canapi Ventures unveils $545M fintech investment fund
THURSDAY | January 23 Headlines:
- Don’t want food delivery? GrubHub offers new way to order, pick up
- ‘Landlord’s market’: Office space in Raleigh is at record-low vacancy at 5%
- Global tech school General Assembly to launch ‘pop-up campus’ at HQ Gateway in Raleigh
- Goldman Sachs demand to companies seeking IPO: Have at least 1 ‘diverse’ board member
- Guest opinion: Don’t just see the dark side in the struggle for internet freedom – there’s still hope
- Raleigh drone tech firm PrecisionHawk names new CEO
- RTP startup Get Spiffy is branching out into tire business – it’s eco friendly
- Strong economy driving housing market growth beyond Triangle
- Tesla’s stock remains red hot; that could mean huge payday for Elon Musk
- Two deals bolster Plant Response agbio efforts
- UN links Saudi prince to hacking of Jeff Bezos phone using WhatsApp
- Want more WRAL TechWire? Follow us at LinkedIn for even more news
- Where are we? Cops say Waze app misdirected drivers in New Jersey
FRIDAY | January 24 Headlines:
- Analysis: Here’s how new trade deals benefit North Carolina
- Animals could provide clues to treating humans with the same allergies
- California resorts to QR codes in fight against illicit cannabis sales
- Cloud tech startup Sysdig with 2nd HQ in Raleigh lands $70M
- Energy drink startup Mati Energy is shutting down
- Genetic testing firm 23andMe slashes 14% of staff
- Nonprofits worry sale of dot-org internet registry will increase costs
- Quantum computing talent war: JPMorgan Chase poaches a top IBM exec
- Raleigh-based Hatteras Funds raises another $3.8M, now at $27M for Evergreen Fund
- Tech Today: Fortnite esports move; Rocket League drops Macs, Linux; Fortnite cheating; Cisco security warning + AT&T, Cree news
- Trouble in Amazon empire: Bezos faces more challenges than hacking of his phone
- WeWork’s rivals thriving despite more competition in Triangle co-working market
- What’s happening at co-working spaces across the Triangle? Here’s an update on First Flight Venture Center
- What’s happening at co-working spaces in Triangle? Here’s an update on Loading Dock Raleigh
- What’s happening at co-working spaces in Triangle? Here’s an update on The Frontier RTP
- Wilmington tech startup CloudWyze raises $650,000 in equity