As Monday morning rolls in, we’re providing TechWire readers with a quick recap of the past week’s news headlines.
The coronavirus pandemic continued to dominate news coverage last week: Dozens of tech and life science events are being canceled or rescheduled across NC, local companies are changing their work policies and coworking spaces are also taking precautions.
Other top stories from last week included: North Carolina’s scientific community is working to better understand COVID-19; RTP-based BioMedomics seeks FDA approval for emergency use of its coronavirus test; NCSU economist Mike Walden weighs in on the economic impact of the virus; Cofounders Capital Founder David Gardner writes about the impact on NC entrepreneurs and investors.
- Check out TechWire’s comprehensive resource package for Triangle startups.
And, in national news: Wall Street enters bear market territory as markets continue to plunge amid the coronavirus crisis – here are the hardest hit sectors; a global recession is starting to look inevitable; factories and businesses are reopening in Wuhan, China, the province at the center of the COVID-19 outbreak; canceling South by Southwest will have widespread economic impact; Bitcoin plummeted 30%.
Keeping with our Monday tradition, here’s a look back at 72 local, state and national headlines as reported by WRAL TechWire last week:
MONDAY | March 9 Headlines:
- 1-2 punch: Markets face ‘complete pandemonium’ as coronavirus spreads, oil prices plunge
- 5 Wake County residents test positive for coronavirus after Biogen conference
- A ‘short, sharp’ global recession is starting to look inevitable
- Analysis: Will coronavirus create a ‘zombie apocalypse’ in global markets?
- Beware of coronavirus tech scams – do your homework, be wary
- Global female income to reach $24 trillion in 2020: Report
- Global initiative ‘La French Tech’ may soon be coming to the Triangle
- NC event headliners: Opportunities 2020, Greensboro Tech Summit, SEED20 + more this month
- On the horizon: Previewing 80 conferences, meetups, workshops & program deadlines in April
- Our growing Triangle Startup Guide adds more resources for entrepreneurs
- Raleigh, Cary make top 10 ‘recession-resistant’ cities; Durham ranks No.18
- TechWire rewind: From coronavirus impact in Triangle to startup news – 69 stories making headlines
- Time to network: Our guide to 100+ meetups for entrepreneurs & tech enthusiasts across Triangle
- Triangle event headliners: Financial Fortitude, Analytics>Forward, Diversity + Inclusion & more in March
- Twitter in deal with Silver Lake, Elliott; Dorsey still CEO
- ViiV Healthcare, UNC-Chapel Hill announce five-year renewal of HIV-cure partnership
TUESDAY | March 10 Headlines:
- 9 startups, 3 cities, 1 van: Venture Asheville’s road show aims to raise funds
- Bank of America, rivals take steps to prepare for a Wall Street evacuation
- Blind Triangle exec makes it his business to break down digital accessibility barriers
- DIG SOUTH Tech Summit is still on in Charleston, SC
- Duke researchers may have found a path to correcting loss of smell
- Edited Biden video portends social media challenges in 2020
- Fighting coronavirus across the Triangle: How universities, private sector are taking action
- Here’s why some analysts don’t see a repeat of 2008 financial crisis
- How could NC startups, other firms deal with coronavirus outbreak? Look to Seattle
- Making headlines: Epic Games streaming; Bandwidth boost; IBM-Oracle blockchain; NetApp buy; AT&T, Verizon smart cities update
- NC Biotech Center publishes statwide directory of life science sector
- NC news: RedHill’s new drug; Precision Bio revenues; Qorvo 5G award; BDSI board; TransEnterix $15M offering; Form Tech CEO; FM:Systems digital suite
- New ‘State of Black Tech’ Summit seeks to redefine the local innovation ecosystem
- New UNC computational tool boosts understanding of genetic disorders affecting the brain
- Roar! Raleigh software firm Corevist raises $2.8M from Jurassic Capital
- UPDATE: Experience STEM-ILM showcase is cancelled
WEDNESDAY | March 11 Headlines:
- Are you a safe driver? Find out using this new app – and win cash
- Canceling South by Southwest to have wide-spread economic impact
- China allows factories, some businesses to reopen in province where coronavirus emerged
- Coronavirus prompts event cancellations across NC – here is the latest news
- Few NC startups make Forbes’ best startups to work for list
- Here’s why you should – and shouldn’t – be worried about wild stock market
- LabCorp is performing ‘several thousands’ of coronavirus tests per day to meet surge in demand
- NC politician tweets Musk to build new truck plant in NC … but Nashville looks to be top contender
- NC TECH’s Diversity + Inclusion Summit postponed due to coronavirus
- Newly acquired agtech startup Growers partners with SAS to bring AI to agriculture
- RTP-based Get Spiffy continues meteoric rise with backing from Shell Ventures
- UPDATE: UNC postpones debate-style forum addressing emerging tech’s impact on business operations
- Virtual reality shows promise for early detection of balance problems in multiple sclerosis sufferers
THURSDAY | March 12 Headlines:
- 47% of retailers expect some economic downturn from coronavirus: Survey
- A look at some of the hardest hit sectors in the S&P 500
- Biotech firm bioMerieux, which has an HQ in Durham, working on 3 coronavirus tests
- Cary-based TeleHealth Services releases coronavirus video to help hospitals educate patients
- Cluster of coronavirus cases is tied to US biotech meeting
- ‘Enough is enough:’ IBM sues Airbnb over ecommerce patents
- Epic Games acquires UK-based Cubic Motion to create ‘believable digital humans’
- Fed intervenes to try to calm markets but investors shrug
- How the coronavirus is impacting company work-from-home policies — the latest updates
- It’s bear market territory now for Wall Street as stocks plunge
- NCSU, Locus Biosciences use gene editing to eliminate pathogen causing colitis
- UPDATE: Here’s the latest on canceled, postponed or rescheduled tech events across NC
FRIDAY | March 13 Headlines:
- AT&T suspends some data caps after regulator makes coronavirus plea: Reports
- Bitcoin has lost 30% of its value this week
- Cary startup Kronoverse partners with esports giant ESL to scale its blockchain game
- David Gardner: The effects of the coronavirus on NC entrepreneurs and investors
- Facebook expands local alerts for coronavirus, including NC
- Facebook takedowns reveal sophistication of Russian trolls
- Here’s how some co-working spaces in the Triangle are handling the Covid-19 crisis
- IBM server revenue soars but Lenovo’s drops
- ImagineOptix CEO Erin Clark talks closing on $5M, its new facility and the ‘optical revolution’
- K4Connect bolsters senior community communications tech for coronavirus awareness
- Mike Walden: Could a virus take down the economy? You decide
- Pentagon reconsiders Microsoft contract after Amazon protest
- PRA Health subsidiary partners with Datavant to expand data available on patients
- RTP-based BioMedomics seeks FDA OK for ’emergency use’ of its coronavirus test
- Solelife plans to be a one-stop shop for consumers seeking coaches