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Archive for May 2023

This restaurant group is putting Greek culture at the center of the menu

By | May 4, 2023

Xenia Greek Hospitality doesn’t try to be everything to anyone. It stays true to Greek food, and its new restaurant pays homage to a Greek nomadic people — and its food, of course. Read More

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The Petri Dish: Former Translate Bio CEO replaces Tony Coles at Cerevel; Digital health startup raises $50M

By | May 4, 2023

A Boston-based startup that uses a smartphone camera and software to assess disease progression, just brought in $50 million — plus other news in the Petri Dish. Read More

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Telehealth giant Amwell goodwill impairment charge of $330M in Q1

By | May 4, 2023

The third largest healthtech company in Massachusetts reported a loss of nearly $400 million in the first three months of 2023. Read More

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Telehealth giant Amwell takes goodwill impairment charge of $330M in Q1

By | May 4, 2023

The third largest healthtech company in Massachusetts reported a loss of nearly $400 million in the first three months of 2023. Read More

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Brightcove cuts 10% of headcount across the organization

By | May 3, 2023

Video streaming company Brightcove Inc. is cutting 10% of its workforce, citing "near-term revenue challenges." Read More

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State tax collections collapse in April, spurring calls for caution on tax relief

By | May 3, 2023

State tax revenues collapsed well below expectations in April, shifting the year-to-date performance from about $870 million in the black to, by one measure, $703 million in the red. Read More

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Insurtech company with Israel HQ plans Boston expansion with $50M

By | May 3, 2023

Julie Shafiki, chief marketing officer at Novidea, said in an interview that the company wanted to continue to grow internationally after landing top customers in the U.K. Read More

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Struggling Magenta scooped up by year-old biotech startup

By | May 3, 2023

Three months after it laid off most of its staff, struggling stem cell firm Magenta Therapeutics Inc. is set to be acquired by a much newer biotech. Read More

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Mass. healthtech company Seniorlink rebrands to Careforth

By | May 3, 2023

The Boston-based healthtech company supports people caring for loved ones in their homes. Read More

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CVS says recent M&As will ‘unlock growth’ in value-based care

By | May 3, 2023

The $18.4B spend on Oak Street Health and Signify position CVS to compete, executives said. The retail pharmacy giant said it won’t be pursuing any additional acquisitions in the near future, Read More

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