New study tracks COVID-19’s effects on small tech firms

Elva Mankin

New study tracks COVID-19's effects on small tech firms

A new study by the UO’s Lauren Lanahan seeks to understand the impact of the COVID-19 pandemic on small high-tech firms and track the challenges and opportunities they face as the crisis continues to unfold.


“The COVID-19 pandemic has introduced substantial disruptions to the U.S. and global economies, and in turn the innovative ecosystem,” said Lanahan, an assistant professor of management. “We seek to characterize changes in the landscape of high-tech small firms that result from the ongoing pandemic and related policy responses, as well as to examine the direct impacts of these institutional policy decisions on the structure and health of the innovation ecosystem and its ability to supply and support public initiatives.”

Lanahan’s project, “Examining the Innovative Ecosystem During the COVID-19 Pandemic,” is funded by a one-year $200,000 grant from the National Science Foundation and was prioritized through the NSF’s Rapid Response Research funding mechanism. The program allows

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Tech chills spill into Asia, as shares sink across region

Elva Mankin

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A man walks by an electronic stock board of a securities firm in Tokyo, Monday, Sept. 7, 2020. Asian stock markets were mixed Monday after Wall Street turned in its biggest weekly decline in more than two months.

AP

Asian shares declined on Wednesday after a sell-off of big technology stocks on Wall Street pulled U.S. benchmarks lower. Crude oil prices and Treasury yields also weakened.

Australia’s benchmark led regional declines on Wednesday, losing more than 2%. Japan’s Nikkei 225 fell 1.6%.

Troubles with Astra-Zeneca’s coronavirus vaccine trial and simmering China-U.S. tensions also have rattled investors.

“At a minimum, the optimism balloon floated by vaccine hopes has sprung a sizable leak,” Stephen Innes of AxiCorp. said in a commentary.

Talk by President Donald Trump of “decoupling” the U.S. economy from China, as the presidential campaign heats up has ramped up uncertainty as Washington seeks to limit use of

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Chef to be acquired for $220M by Progress in ‘next chapter’ for Seattle automation tech company

Elva Mankin

Chef CEO Barry Crist. (GeekWire File Photo / Todd Bishop)

Updated below with details from interview with Chef CEO Barry Crist.

Business application platform Progress will acquire Seattle-based automation technology company Chef for $220 million in cash under a deal announced Tuesday.

It’s a major turn of events for a company that has been a mainstay of the Pacific Northwest tech community for more than a decade. Progress, based in Bedford, Mass., is publicly traded on the Nasdaq. The acquisition “will provide the scale to further drive Chef’s platform forward and deliver additional value to our customers,” said Chef CEO Barry Crist in a statement about the deal.

Progress CEO Yogesh Gupta

Chef raised more than $100 million in funding over its lifetime as a private company from investors including Battery Ventures, Citi Ventures, DFJ, Ignition Partners, and Hewlett Packard Ventures. The 270-person company, founded in 2008 as Opscode, focused

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The highest paid tech jobs in the San Francisco Bay Area

Elva Mankin

  • Business Insider analyzed the tech jobs in the San Francisco Bay Area that pay the highest salaries.
  • The Bay Area is the hub of the tech industry, and it’s where many of the world’s most prominent tech companies, like Apple, Google, Facebook, and Netflix, were founded, creating an ultra-competitive market for tech talent.
  • We analyzed the data for over 35,000 active foreign worker-visas in the San Francisco Bay Area. Companies seeking foreign workers must disclose salary data for particular jobs when they seek visas.
  • For this list we focused on jobs paying above $240,000. Some of the tech industry salaries in the Bay Area went as high as $650,000.
  • Visit Business Insider’s homepage for more stories.

The San Francisco Bay Area is the hub of the tech industry. It’s where founders from all over the world come to start companies, and where some of the world’s most prominent tech companies,

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Tech Tent: Can we trust algorithms?

Elva Mankin

Three students sit on a street kerb with a protest placard reading:
Three students sit on a street kerb with a protest placard reading: “students not statistics”

When school students took to the streets in London and other cities this week it was a protest unlike any other.

Its target: an algorithm they said had threatened their futures.

On Tech Tent this week, we look at whether the exam grades fiasco in the UK signals a global crisis for trust in algorithms.

Podcast available now
Podcast available now
  • Listen to the latest Tech Tent podcast on BBC Sounds

  • Listen live every Friday at 15:00 GMT on the BBC World Service

It was a uniquely difficult challenge: how to determine the exam grades on which university places depend when the exams had to be cancelled.

The answer? An algorithm, in effect a statistical recipe which is fed data.

In this case, the data was both the prior performance of a school and the ranking given this

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There’s More to the US than Tech Stocks

Elva Mankin

Tech stocks
Tech stocks

The tech success story is an all-consuming one for investors, which reached further dizzying heights when Apple became the first listed company to reach a staggering valuation of $2 trillion.

The sector as a whole has been given a new lease of life by lockdown shopping, headlines about entrepreneurs such as Amazon founder Jezz Bezos’s $100 billion fortune and Apple’s bid to become the world’s first $2 trillion company. After such a strong run, seven tech stocks, including Facebook (FB.) and Microsoft (MSFT), now make up a quarter of the S&P 500 index. 

To many investors, it seems like tech is the only game in town – but there must surely be more the huge US market than technology. We’ve asked some US fund managers where they see the opportunities beyond the FAANGs.

Healthcare

US healthcare, how to fund it and who pays for it, has long been

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Tech fuelled ‘everything’s awesome’ rally looks unstoppable

Elva Mankin

By Saikat Chatterjee and Thyagaraju Adinarayan

LONDON (Reuters) – Today’s $72 trillion question for investors: To buy or not to buy into the global equities rally? Notwithstanding inflated share prices, politics and the pandemic, the answer from many is a resounding “yes.”

That’s not just because unprecedented stimulus – $20 trillion and counting – is forcing a structural change in how financial assets are valued.

It’s also down to years of societal shifts, innovation and now, the pandemic, which could transform forever the way people work, study and shop – playing into the dominant hand of tech stocks.

So while renewed coronavirus outbreaks and looming U.S. elections have made some investors cautious, many equity bulls are hanging in there, having already boosted the value of stocks globally by $24 trillion since end-March.

As global equities near record highs, strategists say the quickfire bear-to-bull switch was not only justified but deserves

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The Best Back-to-School Tech Your Kids Need This Semester

Elva Mankin

Photo credit: Staff
Photo credit: Staff

From Popular Mechanics

For many families, the prospect of going back to school is still up in the air. Even if schools do open up again, some of us are still opting to keep our kids at home. But just because it may be the safest option does not mean that it is the easiest. Whether your school district is going back in-person, virtually, or a combination of the two, your kid or teenager could probably use their own new tech, like a laptop or tablet, headphones, and more—not only to set them up for success, but also to make life a little easier on all the parents out there.

Check out the quick reviews below of the best tech for kids, or scroll deeper for full reviews of those models plus other high-ranking options.

How We Selected This Tech

We researched 10 expert sources, such as

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The Tech Breathing New Life Into A $600 Billion Industry

Elva Mankin

Combine a Super Bowl-winning quarterback with some of the biggest names in the tech industry and you could be looking at the phenomenally lucrative future of sports. Only this time, the biggest winner may be a small Canadian startup that’s got their attention. 

Facedrive (TSXV:FD; OTC:FDVRF), a full-scale ESG platform, has already disrupted every tech-heavy segment from ride-sharing and food delivery to COVID contact tracing. Now, it’s preparing to jump into the sports arena – and it’s got some major firepower behind it. 

That firepower includes NFL superstar Russell Wilson and investment vehicles belonging to some of the big names in tech. Or, rather—the biggest names in tech: Amazon CEO Jeff Bezos, Alibaba co-founder Joseph Tsai, YouTube founder Chad Hurley.

Facedrive is acquiring an equity interest in a sports celebrity-studded company called Tally Technologies, which is looking to revolutionize engagement between major sports leagues, the teams and their fans.

Now, … Read More

These tech trends defined 2020 so far, according to 5 founders

Elva Mankin

2020 has been quite a year. Almost every industry and aspect of how we work, learn, and communicate was turned upside down. The need for fast tech solutions has brought about new trends and changes on a scale we’ve never seen before.

It’s agile, fast-moving tech startups that have been leading the way by developing new solutions and features to help us adjust to this new reality. But, as different parts of the world begin opening up again, which trends will stick? How will these experiences change and shape our lives for the better?

This year Techleap.nl kicked off its Rise program for up-and-coming Dutch scaleups, with the aim to help them continue maturing into the country’s next success stories.

We caught up with five entrepreneurs from the program’s first batch of cohorts to find out what new trends emerged in their industry and how they’ve used tech to navigate

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