Saturday, September 7, 2024

Feds order Lockheed Martin to pay $325,000 in back wages

The U.S. Department of Labor ordered Lockheed Martin to pay more than $325,000 in back wages to 20 employees working in a Florida Panhandle plant after the agency said the defense...

Peer-to-peer payment apps grow — no cash, no check

Devin Meineke considers himself lucky if he has $10 cash in his pockets at any given time. So it’s a good thing he has a cellphone. A growing number of people —...

Venture capital is king for scaling startups, report shows

Startups backed by venture capital fare better than those financed by bank loans, university researchers have found. Florida Atlantic University, York University and the University of Hong Kong teamed up to analyze...

Another middle-of-the-pack ranking for Florida’s tech economy

Florida’s technology economy ranks 24th among states, according to a report released Friday by the Information Technology & Information Foundation. The study scores states on such factors as high-tech jobs, foreign investment...

Orlando fintech firm launches new service to reach more customers, creates more jobs

When Suneera Madhani and her executive board saw they were losing millions of dollars in transaction volume for their Orlando-based payment processing firm Fattmerchant, they knew something needed to be done. The company, which has...

Tech investments report highlights cluster of IPOs amid stagnant year

Miami-based investment banking firm Cassel Salpeter & Co. released this week its quarterly review of technology investment activity, which highlights a recent cluster of initial public offerings amid a mostly stagnant...

Ventures Roundup: Three questions with RyderVentures’ Karen Jones; Cast.AI raises $7.7M

Karen Jones leads the charge to find the next big disruptor in logistics and make sure Ryder System has a stake in it. The Miami-based Fortune...

Meet the Founder Who’s Taking Street Food to the ‘Burbs

As an undergraduate at Florida A&M University in Tallahassee, Camille Baker noticed three things that would inspire her to start a business. The first: Using social media, her fellow students would...

Venture capital investing is on the decline — But not in Miami

Venture capital spending continues to lag behind the record activity of recent years, but the Miami area seems to be an exception for such investments. And industry analysts say there's still...

Gainesville Region Advances as Florida’s Leading Location for Biotech Incubation and Technology Transfer

The Sid Martin Biotechnology Institute was recently named the 2017 Biotech Incubator of the Year by the International Business Innovation Association and the Milken Institute has ranked the University of Florida...
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