tech at work
Read How Startups, Investments, and Innovation are Driving the Economy
Startups are disproportionately responsible for the innovations that fuel economic growth and job creation in the U.S. These companies rely on venture capital to develop new products, strengthen their business, and add talent. While some grow to be among the largest and most recognized companies in the world, most will never reach that size and scale. In fact, 58 percent of startups expect to be acquired, realize their gains, and go on to create another new and innovative product or service. This process spurs innovation and drives our economy forward. Read more in this week’s Tech At Work.
Steve Case, Chairman and CEO of Revolution and a TechNet Executive Council member, sat down with Barron’s to discuss the future of work and how the government can support innovation. The interview was in advance of Revolution’s Rise of the Rest Seed Fund virtual Tech Talent Tour, which happened this week and connected job seekers with career opportunities at venture-backed companies in more than 50 cities.
The Oracle Startup Program connects promising startups with cloud resources and enterprise expertise to drive innovation. Members of the programs are using tech to make the world a better place and are intent on serving the underserved, battling environmental changes, and making a global impact across industries.
As a way of celebrating Father’s Day and highlighting technological innovation at Honeywell, several dads at the company discussed how they encourage innovation in their own home and how they’re getting the next generation ready to think outside the box.
Nearly a year after their first external investment round, Waymo has added an additional $2.5 billion in new capital. Waymo’s funds will go towards expanding Waymo Driver, its autonomous driving platform, and Waymo Via, which works with partners to move freight cross-country. The funds will also be used to create jobs.
Cruise recently secured a $5 billion line of credit from GM to pay for hundreds of purpose-built electric and autonomous Cruise Origin vehicles. The Origin is designed as a ridesharing service and will offer safer, cleaner, and more accessible transportation across the globe.
A report from Accenture identified top priorities of healthcare executives as they reimagine how their organizations provide health services to meet consumers’ expectations post-pandemic. The report showed healthcare leaders accelerated innovation amidst the pandemic but gaps in technology became apparent.
What's New in Tech
Dell Technologies Will Help Build the Nation’s First Open RAN 5G Edge Infrastructure
Dell Technologies and DISH Network will work together to launch the U.S.’s first cloud-native, Open RAN-based 5G network. Dell Technologies will provide DISH with the groundwork for edge network infrastructure, allowing consumers to fully utilize the capabilities that come along with combining 5G and edge computing. Read more here.
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Before You Start Your Weekend
JayJay Patton started coding when she was 10 years old. Now, years later, she’s built a ground-breaking app and is helping teach thousands of people of color how to code. Learn the story of JayJay and her dad in “The Coder,” the first film from HP’s “Generation Impact” series.