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Sunday, June 23, 2019

New York-based fintech buys Delaware Board of Trade

Ideanomics  a New York-based financial technology company has acquired an additional 71.7 percent stake in Wilmington-based Delaware Board of Trade Holdings, Inc. Ideanomics now owns 98.4 percent of the trading platform and related companies. The acquisition is valued...

Company working at Delaware Innovation Space receives funding from Breakout Labs

Napigen, a Delaware company working at the Delaware Innovation Space, Wilmington, has been selected to receive funding from Breakout Labs.  Breakout Labs is a fund within the Thiel Foundation that supports early-stage companies as they...

Pennsylvania, Delaware medical societies team up on improving care, controlling costs

The Medical Society of Delaware (MSD) and the Pennsylvania Medical Society (PAMED) have agreed to join forces to explore the development of a joint approach to pursue value-based care arrangements for physicians in their...

Uncle Joe – The wild and crazy guy

Good afternoon, After former Vice President Joe Biden finally announced his candidacy for president, the BillyPenn.com website was quick to take a light and sometimes less than gentle look at what a successful candidacy might mean for...

Dispatch from Teslaland

Good afternoon everyone, Teslas are rare birds on Delaware streets and highways. My one encounter came in front of my house in Bear. A self-important looking real estate agent parked a Tesla with Pennsylvania tags.  ...

Chemours makes investment in utility energy storage battery maker

The Chemours Company  announced a strategic partnership that includes an investment in UniEnergy Technology LLC,   a flow battery manufacturer based in Mukilteo, WA. UniEnergy makes batteries that maintain storage capacity over 20 years and...

Billy Penn, after running out of runway, now under WHYY umbrella

Good afternoon, When I first encountered BillyPenn.com, I thought the digital start-up was on to something. Its breezy approach and its heavy use of Twitter seemed to be a good match for the growing population of...

M&T to add 200 technology jobs in Wilmington

M&T Bank will add 200  positions in Wilmington as part of an announced plan to hire more than 1,000 technologists in coming years.   The hiring will bolster Wilmington's status as a financial technology "fintech" hub...

TD Bank’s retail credit card unit lands furniture maker Ethan Allen Interiors

TD Bank's, Wilmington-based Retail Card Services business announced a partnership with Ethan Allen Interiors Inc  Since 1932, the Connecticut-based company has been a manufacturer and retailer of home furnishings. The partnership will provide customers with flexible financing...

Federal grant to DelDOT aims to deploy artificial intelligence in effort to...

The U.S. Department of Transportation's Federal Highway Administration awarded a $4.9 million Advanced Transportation and Congestion Management Technologies Deployment grant to the Delaware Department of Transportation for the Artificial Intelligence Integrated Transportation Management System...