New Neural Magic CEO says Facebook lawsuit is ongoing

Somerville-based Neural Magic, which last year accused Facebook Inc. of trade secret misappropriation, has a new chief executive. Brian Stevens, a former chief technology officer at Google Cloud (Nasdaq: GOOG), said he became chief executive of seed-stage startup Neural Magic in April this year. Read More

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Lawmakers look to review cannabis contracts with cities, towns

Cannabis companies and advocates are demanding that lawmakers restrict or otherwise review the fees municipalities are charging dispensaries that operate in their town, saying the lack of oversight has allowed municipalities to recoup excessive fees from the businesses. Read More

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Mimecast looks for new CTO as two execs become advisers

Lexington-based Mimecast said on Tuesday it is working with executive search firm Spencer Stuart to find a chief technology and product officer. The new executive will be leading the product management and engineering teams, which the company plans to unify. Read More

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