Coronavirus deaths continue to rise Recently, we’ve seen significant volatility within the global market as investors continue to weigh the overall impact of the coronavirus (2019-nCoV). While a vaccine from drugmaker Gilead Sciences Inc. brings a glimmer of hope in finding a cure, the virus ... READ MORE >
Kurt Shenk
Latest moves in trade conflict hit U.S. tech industry hard
Early this month, the administration announced plans for fresh tariffs of 10% on an additional $300 billion in Chinese goods, effective Sept. 1; China responded by announcing a freeze on U.S. agricultural products, and allowing its currency, the yuan, to drop to its lowest level in a decade. Late last ... READ MORE >
Venture capital tech investments show strength in first half of 2019
For cash-intensive technology companies, access to capital is frequently required to sustain operations and quickly achieve scale. Venture capital firms invested over $30 billion in tech startups in the second quarter of 2019, according to data from Pitchbook, putting total investment on pace to eclipse ... READ MORE >
Lessons for software companies from the Great Recession
Software companies operating in the latter part of the business cycle must consider the implications of a potential recession on their business. It’s worth noting that during the Great Recession, some software companies endured and even thrived. A decade later, the industry can learn from these businesses ... READ MORE >
Chipmakers face fresh woes in days following Fourth of July holiday
This year, it’s Japan and South Korea. Soon after the U.S. July Fourth holiday last year, the United States–China trade dispute saw significant escalation, and semiconductors were placed on the tariff list. This week, again following Independence Day, the industry has fallen prey to rising trade ... READ MORE >
Slack is anything but, in its debut on the NYSE in direct listing
A number of highly anticipated tech IPOs took place in the first half of 2019. But Slack, the workplace chat company debuting on the New York Stock Exchange Thursday, chose a direct listing. Is the approach, also taken by online music platform Spotify in 2018, becoming a trend? IPO vs. direct With high ... READ MORE >
Data breaches are down but more effective
While the number of data breaches per year has doubled in the last decade, there were significantly fewer breaches in 2018 compared to 2017, according to the Identity Theft Resource Center, a nonprofit advocacy group for victims of cybercrime (see chart below). Unfortunately, cybercriminals have had ... READ MORE >