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Monday, January 13, 2020

A stock slide for owner of the Board of Trade

Good afternoon everyone, A follow-up to last week’s column on the Delaware Board of Trade’s plan to ask New Castle County to take the stock of the company as payment for a $3 million loan...

Waiting for next shoe to drop at the new Gannett

Hello everyone, It’s official. Gannett and Gatehouse shareholders have signed off on a merger. The combined company, which will carry the Gannett name will control a large chunk of the print media market in Delaware. Gannett owns the...

SevOne buyer to keep tech hub in Newark

Turbonomic announced the acquisition of privately-held, Boston-based SevOne. SevOne software monitors the performance of computer networks of large companies. Financial terms were not disclosed Turbonomic will retain SevOne's technology center at the University of Delaware Star...

Prosperity Partnership, North East England counterpart sign cooperative agreement

The Delaware Prosperity Partnership and the North East Local Enterprise Partnership (LEP), a public, private and education sector partnership in North East England, UK, signed a cooperative agreement to support joint business development. LEP works...

Comcast ups Internet speeds in region

Comcast is increasing download speeds for some of its most  Xfinity Internet packages for residential customers in the Northeast Division, which includes 14 northeastern states, including Delaware. Comcast offers cable TV and Internet service in....

JPMorgan Chase may be eyeing expansion at other employment centers

JPMorgan Chase is reportedly looking outside New York City as it continues to grow. Bloomberg (limited page views) reported on the possibility of adding jobs in lower-cost areas like Delaware, Plano, TX  and Columbus, Ohio. Such...

Pharma start-up gets state grant; plans call for hiring up to 49 biotech...

Prelude Therapeutics, a privately-held, clinical-stage biopharmaceutical company, plans to add up to 49 biotech positions by 2022 and invest $5 million in expanded lab and office space in the Wilmington area. Prelude conducts research focused...

Driverless vehicles and business disruption

On Wednesday night, Ken Grant of  Wilmington-based AAA Mid-Atlantic gave a wide-ranging presentation entitled "How Self-Driving Cars Will Disrupt Every Business In Existence." The event was held at the new campus of Wilmington University in...

Report recommends raising visibility of Delaware’s tech sector as way to attract, retain workers

Tech Impact released a report that explores best practices in attracting developing and retaining skilled talent for Delaware’s technology jobs. The report, “Delaware Thriving: The Case for Investment in Delaware’s Tech Talent Pipeline,” is available...