Portland fintech startup snags $7.7M from investors
Sila is the latest venture from Simple co-founder Shamir Karkal. He and three other co-founders are building technology to help other fintech startups innovate faster.
The new list of Austin billionaires — and what some are doing to fight coronavirus
The latest tabulation of the world's richest people is out from Forbes and it shows that, for many, their fortunes are taking a dive because of the COVID-19 pandemic and associated market turmoil. Michael Dell, chairman and CEO of Dell Technologies In...
Amazon nears hiring goal, plans to postpone Prime Day
Seattle-based Amazon.com Inc. (Nasdaq: AMZN) has reached 80% of its hiring goal nationwide, but the company might have to postpone one of its busiest shopping events of the year. Amazon announced in mid-March it would hire an additional 100,000 worke...
Stay-at-home orders mean a boost for Wayfair sales
Wayfair saw gross revenue grow at more than double the expected rate as coronavirus quarantines led to people spending more time in their homes working, learning and just staying in to avoid the spread of COVID-19 — meaning some needed new office furni...
CACI adds former deputy national intelligence director to board
CACI International Inc. (NYSE: CACI) has tapped former Principal Deputy Director of National Intelligence Sue Gordon to serve on its board of directors. Gordon, who spent a near 40-year career at various U.S. intelligence agencies before serving in t...
Intel sells Home Gateway business to MaxLinear in push to cut back in weaker areas
Intel Corp. is selling off its Home Gateway Platform Division to MaxLinear, Inc. for $150 million as part of CEO Bob Swan’s continued push to shed businesses in areas where the Santa Clara chipmaker isn’t competitive. The Home Gateway division compris...
Hottest wellness trend this year: Wearable tech
Wearable technology has occupied the No. 1 spot on the ACSM trendspotting chart every year except once since 2016.
Will startup funding dry up in Buffalo? Local investors weigh in
Buffalo's startup ecosystem has been growing. But can it survive the mother of all stress tests?
My View: Valley tech firms are responding to a call for action
As we all work to make it through what could be called one of the most troubling periods in modern history, there are those who walk among us that already are meeting these new challenges head on. In particular, members of the Arizona Technology Coun...
Velodyne Lidar accused of using pandemic as excuse for big job cuts
Velodyne Lidar Inc. was accused in a lawsuit filed Friday of cutting 140 jobs improperly with only one day's notice and using the COVID-19 pandemic as cover for shifting jobs overseas. The lawsuit filed in federal court says the San Jose-based autonom...
Podcast: Is tech ready for another month of the COVID-19 crisis?
Veteran tech journalists Mike Malone and Scott Budman try and make sense of (another) crazy week in the Valley with the latest installment of their podcast, The Silicon Insider. It’s the third week of California’s quarantine and things are quiet … on...
ABQ tech company delays expansion due to COVID-19, expects steep revenue drop
The company is hoping pent-up demand will help it correct course later this year.