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Former RealNetworks exec among two added to company's board of directors

Technology News - 5 hours 45 min ago
RealNetworks founder and CEO Rob Glaser said Tim Wan and Erik Prusch will add valuable experience to the company’s board.

Here's where S.F., Silicon Valley stand in new pair of tech job power rankings

Technology News - 5 hours 49 min ago
The Bay Area has accounted for a lion's share of the new tech jobs created in the U.S. since 2005, but its high cost of living once again places its two hubs below others in the U.S. in at least one annual ranking. San Francisco and Silicon Valley saw a net gain of 129,000 new tech jobs between 2005 and 2017 — more than the next five top gaining cities combined, according to a report from the Brookings Institution and the Information Technology and Innovation Foundation. Their report showed…

WeWork opens Ballard office with Martin Selig months after ending Belltown deal

Technology News - 5 hours 51 min ago
The approximate 76,500-square-foot office on the top two floors of the building at 1448 NW Market St. holds 1,500 desks.

Airbnb's latest investment into local startup spotlights push into corporate travel market

Technology News - 5 hours 57 min ago
Airbnb is funneling more money into the extended-stay market, this time as an investor for a fellow San Francisco-based travel startup. Zeus Living, the operator of an online property rental marketplace, has closed a new $55 million funding round backed by Airbnb, Comcast, CEAS Investments and TI Platform Management at a $205 million valuation. The Series B boosts the startup's total funding to about $79 million. Similar to other property tech startups, Zeus' business model is based on signing…

Seattle is a 'superstar' in pair of tech job power rankings

Technology News - 6 hours 2 min ago
Seattle is home to tens of thousands of tech jobs, putting the Emerald City among the best for tech workers, according to two recent industry reports. One of the reports labeled the Seattle-Tacoma-Bellevue metropolitan area a "superstar," as one of 20 metro areas that are growing rapidly and filled with tech opportunities. The region, with Boston, San Francisco, Silicon Valley and San Diego, accounted for about 90 percent of all innovation growth between 2005 and 2017, according to a report from…

AT&T to raise prices on its DirecTV, U-Verse as ‘programming costs continue to increase’

Technology News - 6 hours 24 min ago
AT&T is readying price increases in more of its television lineup. The Dallas telecommunications and media company is set to raise costs in 2020 for consumers on some packages for DirecTV, which is delivered over satellites, and U-Verse, its traditional competitor for cable companies that run over wires, according to its websites. Some options will get no increase while others will climb by several dollars a month. The price increases come after AT&T boosted the price of its more modern streaming…

Report: American entrepreneurship is at an ‘all-time high’

Technology News - 6 hours 32 min ago
This article first appeared on BostInno. Last year was the country’s best for entrepreneurship yet, according to a new report produced by Babson College. The year 2018 saw early-stage entrepreneurial activity (TEA) rates of 17.7 percent for men and 13.6 percent for women. What’s more, those numbers also represent a narrowing of the gender gap between male and female entrepreneurs—their respective TEA rates are closer than ever before. Babson College, the Wellesley-based institution whose…

Uptake lays off 23 people, says it scaled ‘too quickly’

Technology News - 7 hours 54 sec ago
Uptake, the fast-growing Chicago predictive analytics startup led by Groupon co-founder Brad Keywell, laid off 23 employees on Friday. The tech company said in an emailed statement to Chicago Inno that it eliminated positions across all the company’s departments, but particularly from the product and operations teams. Uptake said the layoffs were necessary because now that its software is completely built, it doesn’t need as big of a team to maintain it. Uptake, founded in 2014, said that…

Intel wants to speed quantum computing development with new control chip

Technology News - 7 hours 10 min ago
Chip giant Intel Corp. is dealing with the challenges of current chip shortages and increased competition to its dominant position in PC and servers, but its researchers have their minds fully on the future. A team within Intel Labs announced a new cryogenic control chip — named Horse Ridge — that is intended to boost the development of quantum computing systems. Quantum computers are a new way of computing that relies on properties of quantum mechanics that enable systems to crunch calculations…

The Funded: Tim Draper doubles down on blockchain, L.A

Technology News - 7 hours 19 min ago
Silicon Valley venture capitalist Tim Draper is ramping up his involvement in bitcoin technology and Los Angeles with a new investment in an incubator down there. Goren Holm Ventures, the Los Angeles blockchain accelerator and incubator behind the annual Crypto Invest Summit, has rebranded as Draper Goren Holm after taking an investment from the member of one of Silicon Valley venture's founding families. “I am excited about doubling-down on Los Angeles and blockchain with the premiere blockchain…

Segra acquires 124-year old Triad tech company

Technology News - 11 hours 48 min ago
High Point-based NorthState Telecommunications Corp. (OTC: NORSB), a fiber optic network, cloud and IT services and cybersecurity provider, Monday announced an agreement to merge with a subsidiary of MTN Infrastructure TopCo, Inc., which, together with its other subsidiaries, does business as Segra.  Segra, based in Columbia, South Carolina, will pay $80 in cash per share for both Class A and Class B of NorthState’s common stock, which, inclusive of indebtedness, represents an enterprise value…

Aurora hires key position for first time

Technology News - 11 hours 56 min ago
Sandor Barna will be based in Palo Alto, but frequently work out of the company's Pittsburgh office.

The Pitch: Ruti brings a high-tech touch to boutique shopping

Technology News - 12 hours 12 min ago
Belmont-based startup Ruti uses artifical intelligence and opt-in facial recognition to customize shopper experiences.

Triad startups win seed stage funding in accelerator program competition

Technology News - 12 hours 20 min ago
Three Winston-Salem companies have earned the top seed-stage investment awards for creative uses of technology in the Center for Creative Economy’s Velocity Creative Accelerator program. Winning companies were Live Furnish, Tokyn and Elevate. They will share a pool of $50,000 in seed-stage investment. They were among 10 companies that recently completed the nine-week entrepreneur education program to refine their business plans and pitches to investors in the CCE’s fourth annual education…

Adobe acquires Oculus Medium, a VR sculpting and modeling tool

Technology News - 12 hours 30 min ago
Adobe Inc. announced Friday its plans to acquire Oculus Medium, a virtual reality tool created in Facebook Inc.’s Oculus division that allows users to sculpt, model and paint in a VR environment. The San Jose software giant didn’t say how much it paid for the program, which it said will continue to build out Adobe’s portfolio of 3D and VR tools, such as Photoshop, Dimension, After Effects, Substance and Aero. Medium was created alongside the original Oculus Touch controllers in December 2016.…

State's new Office of Digital Innovation seeks office at Sacramento Valley Station

Technology News - 12 hours 52 min ago
The state of California wants to house its new technology agency in a city-owned space at the downtown Sacramento train station.

Julia Kanouse, leaving ITA’s top role, reflects on her Chicago tech impact

Technology News - 13 hours 17 min ago
Since 2005, the Illinois Technology Association has been a champion for and supporter of Illinois’ many tech and startup ecosystems. Over the last five years, the organization has put an added focus on female entrepreneurship and elevating the state’s reputation as a tech hub, as well as guiding local startups on how to build strong and sustainable business. All of this and more has taken place under the guidance of Julia Kanouse, the organization’s CEO. But after nearly five years on the…

This man may be Big Tech’s biggest threat

Technology News - 13 hours 21 min ago
Representative David Cicilline doesn’t just want to enforce the laws governing the tech industry. He wants to change them.

Dayton-area career tech school in middle of $150M expansion

Technology News - 13 hours 40 min ago
Career technical education is booming in Ohio. That is especially true for the Miami Valley Career Technology Center (MVCTC) in Englewood. MVCTC serves 27 area partner high schools from the region, with 40 career technical programs available to juniors and seniors. Some of those programs include health occupations, hospitality services, cosmetology and digital design. Like many other career tech programs in the area, MVCTC cannot keep up with student demand. More than 5,500 students take classes…

As tech sector jumps nationally, Dallas grabs top spot in job openings, report says

Technology News - 13 hours 45 min ago
The tech economy surged in November – and Dallas emerged the winner in one key category, a new report says. Hiring in the tech sector in the U.S. added 15,500 jobs last month, industry association CompTIA said in a news release. That’s easily more than twice what the economy produced in the two previous months. North Texas took the top spot for metros seeking talent in “core IT” positions, or those around day-to-day involvement with technology knowledge such as cybersecurity, data analytics,…

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