Mass High Tech News
National Beat: Layoffs at Google's moonshot factory, the NBA's AI scheduling tool, and more startups to watch
In this week's National Beat, we cover layoffs at Google's moonshot factory, how the NBA will utilize AI to set its schedule and more.
Does 'VC winter' apply to AI investment too? New report says yes.
The report suggests 2024 will be a rebuilding year for AI tech investment, but startups will have to run a lean business operation to attract venture capital.
iRobot's revenue dropped under $1B in 2023
The same day the $1.45 billion deal between Amazon and iRobot was called off, the Roomba maker revealed that its annual revenue took another hit.
Amazon, iRobot call off merger in face of antitrust scrutiny
iRobot CEO Colin Angle also stepped down in the wake of the collapse of the $1.45 billion merger.
MIT, Adidas research can predict how your running shoes will fit you
Sarah Fay developed a model that can help individual runners pick better-performing shoes, and could lead to new innovations from shoemakers.
Marshmallow makers built a thriving business using TikTok. Here's how they did it.
Their company is one of a growing number of small businesses that are finding their customers on social media.
Here are 17 Mass. public companies building up their cash reserves
For many public companies, having significant cash and cash equivalents on hand can mean they're getting ready for a potential acquisition.
MassChallenge partners with NATO on six-month defense startup bootcamp
The accelerator will host 13 startups that have applications in the defense industry.
Meet Simplisafe's new head of tech, who cut her teeth at Google
Rebecca Zavin has been leading a team of over 300 engineers as chief technology officer at the Boston home-security startup since last October.
HubSpot quietly conducts jobs cuts, mainly among content-design roles
Cambridge-based HubSpot has quietly conducted another round of layoffs — this time in content design roles. Here's how many jobs were affected.
Analog Devices finds permanent CFO from Amazon Web Services
The new CFO of the Wilmington-based semiconductor firm is Richard Puccio, who led Amazon Web Services' financial organization for almost three years.
Desktop Metal cuts 20% of its workforce, citing 3D printing 'downturn'
The latest cuts were announced about three months after Desktop Metal's planned $1.8 billion deal to merge with a polymer 3D printing company fell through.
Travel tech startup is the latest to get funded by SoftBank
Just over 20 people report to TravelPerk's Boston office, which opened in March 2022.
GoTo cuts 29 roles in Mass. to 'reduce organizational complexity'
The layoffs came approximately at the same time last week GoTo announced the promotion of its CFO Rich Veldran to CEO, the company's third chief executive in two years.
RTX records jump in Q4 sales, but lowers estimates for 2024
The aerospace and defense giant continues an inspection drive related to its Pratt & Whitney unit.
With $116M Series D, cybersecurity founder charts path to IPO
The firm's co-founder and CEO says he has secured all the funding needed to take it public. But first, he plans to grow the company through hiring and acquisitions.
Five Mass. startups chosen as finalists at SXSW
The pitch competition offers a springboard for the startups selected at finalists.
The National Beat: The IPO window for startups, top golfer's investment and a dating app for dog lovers
This week's National Beat looks at the IPO window for startups, a top golfer's role in a Series A round and OpenAI's U.S. military change of heart.
Boston Speaks Up with Barbara Fortier, the CEO of Girl Scouts of Eastern Massachusetts
Barbara Fortier talks addressing the youth mental health crisis, and more, in this interview with Boston Speaks Up.
Mass. names first-ever chief IT accessibility officer
Ashley Bloom was appointed to the role earlier this week, where she'll be responsible for making sure all Bay Staters are able to access government services digitally.