GoDaddy to Repurchase $250 Million of GoDaddy’s Common Stock

GoDaddy

GoDaddy Inc., the company that empowers everyday entrepreneurs, today announced it has entered into an accelerated share repurchase agreement (ASR) with Goldman Sachs & Co. LLC to repurchase $250 million of GoDaddy's common stock. The ASR was entered into pursuant to GoDaddy's share repurchase program, under which approximately $750 million share repurchase authorization … [More]

Collaboration Leverages Emerging Technologies to Advance Mobility Solutions, Emphasis on Safety and Efficiency

Arizona Commerce Authority

Cox Automotive Mobility, a division of Cox Automotive committed to advancing the world’s fleets to serve the next generation, will be joining the Institute of Automated Mobility (IAM), a public-private consortium established by Governor Ducey in 2018 to shape the future of transportation safety, science and policy. The collaboration will leverage emerging technologies to … [More]

Invest Southwest Announces 25 Presenting Company Finalists for 2021 Venture Madness Capital Conference & Pitch Competition

Invest Southwest

Invest Southwest today announces the Presenting Company finalists selected for the 2021 Venture Madness competition, in partnership with the Arizona Commerce Authority.  Venture Madness is Arizona’s longest running venture capital conference and pitch event, and joins Arizona Bioscience Week and UNMET Arizona, also hosting events that week at the Phoenix Biomedical Campus at … [More]

Lost in the Amazon 

by Raj De Datta 

When I think about what’s wrong with today’s internet experience, I often remember the time I tried to plan a family vacation.  I logged in with high hopes.  In the old days, I might have turned to a travel agent, but today all the tools that were once the sole domain of the professional travel planner are available to me. I started using search engines, trying a variety … [More]

Microchip Technology Provides Ultra-Precise Timing for 5G

Microchip Technology Inc.

5G technology requires time sources to be synchronized throughout a packet-switched network ten times more accurately than 4G requirements. Microchip Technology Inc. now makes it possible to achieve 5G performance with the first single-chip, highly integrated, low-power, multi-channel integrated circuit (IC) coupled with the company’s widely adopted and reliable IEEE® 1588 … [More]

Fintech Innovations Drive Business Worldwide

by Frank Breuss

Fintech startups played a significant role in the global financial industry during the pandemic. Payments companies especially have brought rapid solutions to aid the transition in commerce, which shifted from physical to digital in a matter of months. Many brick-and-mortar businesses began to offer online services, which led to a significant 26% jump in global e-commerce … [More]

RPA Can Drive Fintech Growth … Will the Industry Take Advantage of It?

by Mike Hunter

Research shows that the use of robotic process automation (RPA) allows companies to cut costs and deliver a better service. However, the fintech industry needs to face up to issues that limit its most effective use. RPA is the use of software to automate repetitive and rule-based tasks using cross-application programs, also called “robots.” It is used for more than cost … [More]

Exro Technologies Announces U.S. Headquarters in Mesa, Ariz.

Exro

Exro Technologies Inc., a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, today announced the location of its U.S. headquarters in Mesa, Arizona. Exro plans to hire 50 employees over the next 18 months, bringing new job opportunities to the region and expanding the local e-mobility ecosystem. This news … [More]

Arizona Commerce Authority Is Now Accepting Applications for the 2021 Arizona Innovation Challenge

Arizona Commerce Authority

The Arizona Commerce Authority (ACA) announced today applications are being accepted for the 10th annual Arizona Innovation Challenge (AIC). Applications are being accepted from July 26 to August 27. The Arizona Innovation Challenge, which is the largest business plan competition in the nation, advances innovation and technology commercialization opportunities in Arizona by … [More]

8 Tips for Cyber Security in a Company

by Phil Cord

Cyber attacks are becoming a more and more common problem for companies, and every business can be targeted, not only big corporations. That's why it is essential to implement security measures and be sure that each company’s systems won't be hacked. Business owners also have to make sure that every service they use, from online fax services to communication apps, is safe and … [More]

Phoenix Moves Up a Spot to #17 on CBRE’s Annual ‘Scoring Tech Talent’ Report

CBRE Group

Phoenix moved up one spot to #17 overall on CBRE’s 2021 Scoring Tech Talent report as North American tech-talent employment weathered the pandemic better than most other professions. Numerous indicators underscore the resilience of tech talent during COVID-19. These occupations registered job growth of 0.8 percent in 2020 in the U.S. while non-tech occupations declined by … [More]

ON Semiconductor Intelligent Sensing Technology Enables the First Fully Driverless RoboTaxi

ON Semiconductor

ON Semiconductor, announced that its image sensing and LiDAR technologies power key functions of AutoX’s Gen5 self-driving platform. Revealed at the World Artificial Intelligence Conference, the new Gen5 autonomous vehicle technology enables the first fully driverless RoboTaxi, designed to democratize autonomy and provide universal access to the transportation of people and … [More]

ASU’s Novus Innovation Corridor Has Created $1.86B in Economic Impact

inbusinessPHX.com

The Novus Innovation Corridor, a 355-acre, multi-phased urban mixed-use development on the Tempe campus of Arizona State University will have significant economic impact on the greater Phoenix area as projected by ASU’s Seidman Research Institute (Seidman). Construction of completed and currently active projects in Novus will generate an economic impact of $1.86 billion*. … [More]

2021 Data Trends: Big Picture Trends Happening in the Data Analytics Market

by Doug Perez

Data is everywhere these days—literally. Most of us are generating voluminous streams of data simply by living our lives. By interacting with our devices, making purchases, and staying connected with others, we generate nearly constant streams of data. However, just having a great deal of data is worthless if the data has no meaning. In response to the ever-growing pool of data … [More]

Virtuous Announces $18M to Support Its Rapid Growth Trajectory

Virtuous

Virtuous, the world's leading responsive fundraising platform for nonprofits, has just closed an $18M Series B investment round led by Atlanta-based Fulcrum Equity Partners, one of the leading growth equity funds in the Southeast. Existing investors MATH Venture Partners, Seven Peaks Ventures and PHX Venture Partners also participated in the round. The funding will support the … [More]

SBA Hosts National SBIR Week to Connect Technology Innovators & Entrepreneurs with Research Funding

U.S. Small Business Administration

The U.S. Small Business Administration will host 2021 National SBIR Week on July 19 through July 23 for small business innovators.  The virtual event will connect entrepreneurs working on advanced technology to the country’s largest source of early-stage funding – the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs.  The SBA … [More]

Valley Metro Plan & Track App Released, Real-Time Bus and Train Tracking

Valley Metro

PHOENIX---Ever wonder when your bus is arriving? Or, when the next train will pull into the station? Ponder no more. Valley Metro, in partnership with the city of Phoenix and Vix Technology, has launched the new Valley Metro: Plan & Track app that features real time bus and light rail tracking and trip planning. “More than 90 percent of our riders own a smartphone and … [More]

Why Businesses Shouldn’t Neglect Their Cyber Hygiene

by Richard Swetonic

Risk of cyberattacks is nothing new but, since the onset of the COVID-19 pandemic, cybercrime is on the rise — both in prevalence and magnitude — underscoring the importance for companies to maintain proper cyber hygiene to protect their data, operations and bottom lines. Cybercrime on the Rise In 2020, the global average cost of a data breach was $3.86 million, according to … [More]

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