Archive for March 2023
FDIC delays deadline for SVB bidding, now plans to sell former Boston Private separately
Banking regulators now reportedly plan to sell Silicon Valley Bank in two pieces and are giving potential purchasers more time to put in their bids. Read More
Read MoreThe pandemic and remote work crushed mass transit. Its future will require a big shift.
The Covid-19 pandemic, the rise of remote work and the need to revitalize urban spaces will also mean the re-imagining of mass transit, experts say. Read More
Read MoreBostInno’s Startups to Watch event highlights 23 companies (PHOTOS)
At an event recognizing 23 Boston-area startups, the leaders of our three honoree companies — Hilma, Rogue Space Systems Corp. and HourWork — shared the lessons learned on their entrepreneurial journeys. Read More
Read MoreStruggling prescription software startup explores sale
The startup behind the first-ever prescription software to be approved by the U.S. Food and Drug Administration is looking to sell itself. Read More
Read MoreNewton biotech’s drug for hot flashes due to menopause fails trial
Shares of the company plummeted 40% after the results of a midstage clinical trial were announced. Read More
Read MoreHealey administration eyes ‘bigger place’ for wind blade testing
Healey administration is going to pursue an expansion of the Massachusetts Clean Energy Center’s Wind Technology Testing Center in Charlestown, picking up on an idea that the Baker administration did not get across the goal line. Read More
Read MoreSilicon Valley Bank Financial files for bankruptcy as it moves to sell non-bank units
The California parent company of failed Silicon Valley Bank said in a press release that the filing doesn’t include the funds of its Boston-based investment bank SVB Securities, its venture unit called SVB Capital nor its general partner entities. Read More
Read MoreBoston property tech startup joins Y Combinator, relaunches with new focus
A Boston startup that launched its rent payment app last year has renamed itself and shifted its focus to software integrations in the property management industry. Read More
Read MoreTotal pay for GE chief executive Larry Culp cut for 2nd year in a row
Culp’s total compensation decreased by 89% over two years. Read More
Read MoreWilmington robot-maker helps Walmart’s fulfillment centers hum
Symbotic makes algorithm-backed machines that move goods along the supply chain with speed and accuracy. Read More
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