Archive for May 2023
Wayfair posts $355M loss but shares pop over steps to profitability
Last year, Wayfair CEO Niraj Shah promised that 2023 was the year the online furniture retailer would hit breakeven by at least one measure. That promise now has a firm, narrower deadline: the second quarter. Read More
Read MoreThe startup grants you can apply for right now
The venture capital environment is becoming trickier for startups, but there are several grants startups can apply for right now — including options from FedEx, Visa, Venmo and others. Read More
Read MoreTD, First Horizon agree to call off $13.4B merger
TD Bank’s acquisition of Memphis-based First Horizon, announced about 14 months ago, has now been terminated. Read More
Read MoreModerna turns focus to RSV vaccine race after Q1 profit beat
The drugmaker brought in more sales revenue from its Covid-19 vaccines than expected in the first quarter. Read More
Read MoreAn AI startup from Techstars Boston’s class of 2020 shuts down
The Boston startup used AI and machine learning to provide content analytics to advertisers, including companies like Toyota, L’Oreal and Ben & Jerry’s. Read More
Read MoreAmazon-backed startup to open major cleantech factory in Devens
The decision to locate in Devens came after a months-long pursuit by state economic development officials, a project that went by the codename Project Galahad, according to emails obtained through a public records request. Read More
Read MoreMass. life sciences leaders band together to combat gun violence
A new organization called Life Sciences to End Gun Violence Epidemic aims to prop up the biopharmaceutical industry as a unique voice in advocacy. Read More
Read MoreSmartBear rides online growth, hires up to meet demand
SmartBear isn’t typically a household name. But the Somerville software developer is quietly behind the websites of major corporate clients including TJX Cos., FedEx and Domino’s. Read More
Read MoreLargest Software Developers in Massachusetts
Information for this list was provided by participating firm representatives. Read More
Read MoreLargest Security Firms in Massachusetts
Information for this list was provided by participating firm representatives. Read More
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