The Roanoke-based tech company and former executives faced civil allegations of securities fraud. The settlement is neither an admission nor a concession to plaintiffs, according to a judge’s order.
Technology
Posted inEconomy
Tech briefs: Drone manufacturer employs Virginia Tech facilities and experts for FAA approval
Also, NRCC, George Mason University create cybersecurity partnership.
Posted inEconomy
Tech briefs: Virginia Tech experts weigh in on illegal robocalls, AI tools for hackers and more
The Tiny Cargo Co. opens new space for clean room manufacturing, and a scratch-built website and app debuts, focused on Roanoke-area events.
Posted inEconomy
Tech briefs: FCC rules for Comcast against Appalachian Power in broadband-related utility pole dispute
Plus: Innovation hub expanding in South Boston.
Posted inPolitics
New governor could see new versions of old bills seeking to regulate the data center industry
State legislators have presented nearly 30 bills related to data center regulation. Gov. Abigail Spanberger has already expressed the need to make sure that the facilities’ energy costs aren’t passed on to other customers.
Posted inEconomy
In case affecting funding at Fralin Biomedical Research Institute, appeals court rules against NIH’s cuts
Court rules in January opinion that NIH’s attempt to cut funding for facilities and administration was unlawful. NIH may appeal to the Supreme Court.
Posted inEconomy
Southside organization receives grant from the OpenAI Foundation
South Boston-based SOVA Innovation Hub is one of four organizations serving Virginia — and among 208 nationwide — to receive an award from the foundation linked to ChatGPT.
Posted inEconomy
Virginia Tech passes research spending goal, but looks to fill possible funding gaps left by federal cuts
Virginia Tech has passed targets for research spending, but in what one official calls an “increasingly unpredictable” federal funding climate, the university might ask for more money from state, corporate and private sources.
Posted inEconomy
Broadband expansion in Virginia can continue under federal program, Trump administration says
States had to rewrite their proposals for federal funding after the Commerce Department changed the program rules to put satellite internet companies on equal footing with fiber-optic cable providers.
Posted inEconomy
Generational changes dominate Day of Data discussions at Virginia Tech
Generative AI is disrupting technology sectors — and jobs — at a staggering pace, said speakers at Tech’s data symposium.