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 27-31: Wilmington life science firm PPD announced an IPO; IBM announced an executive shakeup which included Red Hat’s CEO moving into a new role as IBM’s president; Greensboro-based Qorvo is reportedly mulling a $10 billion acquisition; the City of Raleigh seeks developers for a new hotel and office tower; a $150 million development project was announced near Raleigh’s Mordecai neighborhoods; NC IT jobs grew 22% in the past 5 years; two NC media startups won Facebook grants; insurtech firm Policygenius raised $100 million in funding, fueling over 200 more jobs to its new second headquarters in Durham.
- Check out TechWire’s comprehensive resource package for Triangle startups.
And, in national news: Global businesses and stocks are feeling the effects of the coronavirus outbreak; the U.S. budget deficit is likely to break $1 trillion this year; economists are bullish about 2020 growth; Tesla announced record sales; Warren Buffett is offloading his media assets.
Keeping with our Monday tradition, here’s a look back at 63 local, state and national headlines as reported by WRAL TechWire last week:
MONDAY | January 27 Headlines:
- $150M project set to create ‘Raleigh Iron Works’ near Mordecai neighborhoods
- Can psychedelics help us recover from trauma? Researchers seek answers
- Cape Fear Women’s Summit aims to spark more interaction among entrepreneurs & professionals
- City of Raleigh seeks proposals to build hotel, office tower
- Deadly coronavirus already having global impact on business
- Events on the NC horizon in March: Our exclusive guide to what’s coming up
- Greensboro chip firm Qorvo stock drops on $10B deal talk, Street forecast
- Institute for Emerging Issues director hopes conference will drive more broadband access, use
- ‘Lumps and bumps:’ Motorola warns in video new Razr foldable phone has some quirks
- NC headliner preview: 61 events coming up over the next month
- Our growing Triangle Startup Guide adds more events, funding opportunities, podcasts & other resources
- PPD going public – again – with stock offering targeting at least $1.44B
- Security lesson: Jeff Bezos’ phone hack shows we are all at risk
- TechWire rewind: Triangle coworking market; $470M Eli Lilly plant; startup fundraising + 68 more headlines
- Triangle event headliners: Previewing 70+ events through February
- Triangle firms Valencell, SunTech Medical to develop blood pressure-sensing wearables
- Triangle tech meetup number swells to 140 – here’s latest list
TUESDAY | January 28 Headlines:
- Budget deficit to break $1 trillion despite strong economy
- Entrepreneur to open podcast studio inside Cary co-working space
- Facebook teams with MCNC to expand broadband connectivity in western NC
- GSK licenses tuberculosis vaccine candidate to Gates Medical Research Institute
- Pendo study: With 80% of features not used, software execs re-evaluating success metrics
- Raleigh analytics firm Cymatic taps Netflix, Freddie Mac security experts for board
- Raleigh biotech startup Arrevus gets FDA support for its drug treating cystic fibrosis patients
- Raleigh nabs No.2 spot globally for quality of life
- Report: Verizon still No. 1 wireless provider but AT&T cuts into lead
- Samsung awards Wilson middle school $15,000 for their lifesaving device
- SAS, Duke U among NC companies on Forbes’ ‘Best Employers for Diversity’ list
- Survey: Biz execs bullish about growth in 2020
- UNC researchers have studied coronavirus for years, now working on possible treatment
- UNC Senior Alliance ranks No. 1 in ‘next generation’ accountable care programs
- Wilmington-based sports tech firm PlayerSpace gets acquired by Daxko
WEDNESDAY | January 29 Headlines:
- Apple is still holding strong as iPhone sales bounce back
- bluebird bio launches gene therapy for severe blood disorder in Germany
- Cary’s Cofounders Capital invests $1M in Atlanta-based insurtech startup
- Charlotte-based Nuveen Global Farmland Fund raises more than $464M
- Charlotte’s SentryOne invests in channel presence in US and EMEA
- District C, Wake Tech among grant recipients awarded $15-25K from City of Raleigh
- Fed keeps interest rates steady, takes wait-and-see approach in 2020
- Morrisville-based Liquidia submits FDA filing for hypertension drug
- Raleigh startup K4Connect expands key partnership with senior living management firm
- UNC researchers developing mucus-trapping antibody tech to fight infections
- Warren Buffett offloads media assets, including Winston-Salem Journal
THURSDAY | January 30 Headlines:
- America’s economy grew at its weakest pace since Trump took office
- Cree reports Q2 loss in face of ‘challenging operating environment’
- Dating apps face US inquiry over underage use, sex offenders
- Insurtech startup Policygenius, with HQ2 in Durham, raises $100M
- IT jobs grow 22% in last 5 years, with average salary at $119,200: Report
- Keeping ‘Friends’ for itself at HBO Max dings AT&T profit
- NC ranks No.5 in US for tech salaries; energy tech worker averaging $144,200 a year
- NC TECH partners with local tech companies Dude Solutions, RevelOne
- PlayStation’s streaming service Vue is shutting down
- Record sales push Tesla to 2nd straight quarterly profit
- Red Hat CEO to take over role of president at IBM
- Two fledgling, NC media outlets win Facebook grants to expand local journalism
FRIDAY | January 31 Headlines:
- 10 ads to watch for on Super Bowl Sunday
- 2020 Triangle Tweeners: Investor Scot Wingo adds 33 new firms to emerging stars list
- Atari plans to open video game-themed resorts in 8 US cities
- Dow falls more than 500 points, capping turbulent week as coronavirus fears escalate
- Flush with $100M, Policygenius ramps up hiring for Durham HQ with 200+ jobs on offer
- IBM’s executive shakeup gets analysts’ stamp of approval
- IBM shakeup: Who is Arvind Krishna, Big Blue’s new CEO?
- NC Biotech CEO Doug Edgeton: ‘We will lead science behind curative gene, cell therapies”
