Archive for March 2023

Good morning, Boston. Here are the five things you need to know in Boston business news and how I recently discovered that swimming is not just exercise for old people. Read More

Despite pleas from the bank and venture capitalists, depositors fled the bank after it was seized. Read More

The deal is slated to end Berkshire Grey’s SPAC-induced ride on the public markets after about two years. Read More

Berkeley Investments has leased half of an old Watertown mill building that it redeveloped into lab space. Read More

Colleges are quickly adjusting to how ChatGPT and other generative AI programs are used by students, including with a new set of guidelines adopted last week by the Computing and Data Sciences faculty at Boston University. Read More

In the wake of the collapse of Silicon Valley Bank earlier this month, not all founders fled from the chaos. Now, with news of the bank’s acquisition by First Citizens Bank, founders will need to decide whether to stay or go. Read More

Jounce Therapeutics Inc. has abandoned plans to merge with a U.K. firm, instead agreeing to be acquired for some $96.5 million by a company called Concentra Biosciences, LLC. Read More

A cancer startup founded on science out of the of the University of Texas M.D. Anderson Cancer Center has filed for bankruptcy and begun looking for buyers for its portfolio programs. Read More

The Silicon Valley Bank acquisition adds more than $100 billion in new assets for First Citizens, but making the venture bank tools work to First Citizens’ advantage will be crucial. Read More