As Monday morning rolls in, we’re providing TechWire readers with a quick recap of the past week’s news headlines.
Notable headlines from last week included: Wilmington banking services provider nCino is targeting a $100 million IPO; Leadership Triangle’s executive director stepped down to launch a new venture; a new UNC study outlines the widespread damage COVID-19 has caused for businesses; Duke researchers weighed in on predictions that a COVID vaccine could be available by 2021; SmartAsset ranks Cary No. 1 among cities for women achieving business success; cybercrimes are surging as teleworking becomes more prevalent; a Startup Genome study ranked the Triangle as the 10th emerging startup hub in the world.
Several NC startups raised cash last week, including Charlotte-based TrueBlu Dental Management ($1.2 million), Raleigh-based Bryn Pharma ($26 million) and Chapel Hill-based Eton Solutions ($11 million).
And, in national news: Apple unveiled some major product updates at its annual WWDC event, prompting Apple stock to soar; companies are boycotting Facebook for not addressing issues of hate on its platform; Microsoft, Apple and Disney are delaying reopening plans as nationwide COVID cases surge; a federal report criticized the Small Business Administration for its handling of the COVID-19 loan rollout; IBM sued to stop one of its executives from taking a new position at Microsoft.
Keeping with our Monday “TechWire Rewind” tradition, here’s a look back at 89 local, state and national headlines as reported by WRAL TechWire last week:
MONDAY | June 22 Headlines:
- Apple moving from Intel chips, unveils broad array of software updates
- Durham biotech Chimerix names former Lilly exec as chief medical officer
- Epic Games removes police cars from ‘Fortnite,’ isn’t talking about why
- Headliners, part I: 32 upcoming events & program deadlines in the Triangle
- Headliners, part II: 25 events happening across NC in June
- How can NC’s tech community help achieve more equality? Check out Diversity Summit
- Looking for funding? Triangle Startup Guide adds more sources offering capital
- Making connections: Here’s new list of 140+ tech & biz meetups across the Triangle
- More coworking spaces continue to launch in Triangle – here’s the latest
- NC startup focusing on dental firm management is raising $3M
- On the horizon: Mark your calendar for these July events
- RTP oncology firm G1 Therapeutics lands deal worth up to $46M for breast cancer drug
- Startup Rewind: A look back at a busy week – 23 headlines about emerging NC firms
- TechWire rewind: Amazon in Cary; Duke’s new RTP space; NC startups raise cash + 80 other headlines
- Virgin Galactic lands NASA deal for private astronaut training
- Wilmington cloud banking startup nCino targets $100M IPO
- Yellow flags waiving on Wall Street – caution may be wise as pandemic threat persists
TUESDAY | June 23 Headlines:
- 127 investors boost Raleigh firm creating alternative to EpiPen funding to $26M
- Apple’s big show recap: New chip plans, wide variety of software changes
- AU picks 5 startups for new Landing Spot program, adds DigitalOcean as partner
- Can YouTube help wolves survive? NCSU study says positive videos help
- Duke launches COVID-19 research project in Kannapolis, Cabarrus County
- FCC moves to make ‘988’ the number to dial to reach suicide prevention hotline
- Growing number of companies boycott Facebook, demand changes in ‘hate’ policies
- High-tech visa crackdown irritates big tech but others praise Trump’s move
- Leadership Triangle exec steps down, launches venture to become ‘master of reinvention’
- Lenovo launches Internet of Things unit to help businesses reopen offices, is based in RTP
- Mission billions: CEO of payment service provider Wirecard is arrested
- Southern coastal cities need to attract more resources for entrepreneurs – tech talent will follow
- Tech Today: Honeywell takes Quantum lead; CommScope raising $700M; Pyxus faces delisting + BioSkyrb, Wireless Research Center news
- UNC report: Definition of a ‘small business’ hinders COVID-19 relief efforts
- What kind of economic recovery can we expect from pandemic? Here’s an analysis
WEDNESDAY | June 24 Headlines:
- Check yourself before you speak out – the perils of social media and business
- Duke researchers discuss timeline for COVID-19 vaccine, clinical trials
- Gene-editing breakthrough? AskBio’s Jude Samulski seeks patent for new system
- Inside look: How NCSU Entrepreneurship is helping students develop skills to launch businesses
- Mercedes turns to chip maker NVIDIA to develop autonomous vehicle system
- RedHill Biopharma reports positive results with drug targeting COVID-19
- Red-hot Apple surges toward $2 trillion in value
- RIoT is responding aggressively to challenges of COVID-19 and diversity – here’s how
- Segway – hyped to revolutionize personal transportation – is being retired
- Skyrocketing gold prices indicate investors’ growing concern about economy
- Speed demons: Duke engineers build what could be world’s fastest monowheel
- Study: Cary is No. 1 for women achieving success in business; Durham 9th; Raleigh 24th
- Survey: COVID-19, telework causing some people to consider moving, but many staying put
- ‘Unprecedented decline:’ Pandemic recession is worse than forecast, report warns
THURSDAY | June 25 Headlines:
- Apple store closings, delay in Disney reopening show impact of new COVID-19 cases
- As COVID-19 benefits near expiration, it’s time to explore unemployment insurance alternatives
- Bayer CEO: ‘Right action at the right time” to pay $10.9B to settle weedkiller cases
- Chapel Hill wealth management technology firm Eton Solutions raises $11M
- Correction: Apple stores at Crabtree Valley Mall, Southpoint have remained closed
- Federal report blasts Small Business Administration for handling of COVID-19 loans
- Google to begin paying media outlets for news – but not in US yet
- Google tweaks privacy settings; Facebook loses battle with Germany over data
- Guest analysis: Don’t count out downtowns just yet despite impact of pandemic
- How to combat hackers in time of pandemic? Here’s what companies need to do
- LabCorp’s new test could be a boost to fight against COVID-19
- Ready, set, evolve, go and grow for all, says Wake County Economic Development director
- Reports: Cybercrimes surge 400%, teleworkers need to tighten security
- Video: Here’s how Internet of Things can make your workplace safer
- Want to go 100% renewable for electricity? New Duke Energy program lets you
FRIDAY | June 26 Headlines:
- After player complaints Epic says Fortnite prize payments ‘back on track’
- Amazon to acquire autonomous vehicle startup for $1.2B
- Analysis: Elizabeth Warren as Treasury Secretary is a nightmare for Wall Street
- Another top Cisco exec is leaving as CEO Robbins continues his reshuffling
- Change in banking rules means banks can invest in venture capital funds
- Durham firm touts new bone graft substitute as offering boost to healing
- Here’s inside look at LeBron James’ new $100M entertainment venture
- IBM mocks a much smaller cloud competitor – and tech columnist cries foul
- IBM vs. Microsoft – again – in exec suite battle: Big Blue uses to stop a ‘top 1%’ exec from joining rival
- Inside NC TECH’s diversity, inclusion summit – a call to action
- Microsoft is closing its Stores; tech giant had one in Triangle
- Report: 42% broadband customers want internet only but telehealth, other service interest grows
- RTP agtech firm AgBiome submits another fungicide product for EPA review
- Tech ecosystem report is good news for North Carolina, says NC IDEA’s CEO
- Triangle ranks No. 10 among world’s startup ecosystems; Charlotte, Wilmington crack top 100
- Verizon joins advertising boycott of Facebook over hate speech
Weekend Reading:
- Brick-and-mortar fatigue: Retailers including Microsoft shutting down thousands of stores
- COVID-19 produces a silver lining for cloud service providers – more demand
- Duke physician-engineer, doctoral student designing medical robot for NASA
- Dystopia or utopia? Watch new trailer from Brave New World
- Facebook to step up political monitoring; stock drop 8% as boycott bites
- Infographic: Google, Amazon, Apple, Microsoft, others building ‘brains’ in cloud for digital economy
- More fireworks ahead for Wall Street? Bulls or bears? Experts have mix of views
- NC firm developing air sterilization masks targeting COVID-19, seeks patent
- Note to TechWire readers: Our calendar is unavailable due to tech issues
- Trump administration to provide PPP loan data to Congress
- US, allies prep for cyber attacks in time of COVID-19 with virtual war games
