Free Newsletter
OpenAI and Taiwan’s Foxconn to partner in AI hardware design and manufacturing in the US
OpenAI teams up with Foxconn to design and build AI data center equipment in the U.S., boosting American AI infrastructure and manufacturing capacity.
IT firm Qbase to lay off 60 remote employees
Qbase, a provider of decision-support technologies and IT professional services, plans to lay off 60 remote employees by year’s end.
Northern Virginia AI startups raise millions
This summer, investors poured money into Northern Virginia-based AI startups offering solutions for data centers, the military and bias in AI. In July, Emerald AI — incorporated in Washington, D.C., but with primary offices in Clarendon — launched with $24.5 million in seed funding, and Rosslyn-based Rune Technologies raised $24 million in a Series A […]
Amazon cloud computing outage disrupts major online services
A global Amazon Web Services outage disrupted major platforms including Snapchat, Fortnite, and Signal before service gradually recovered Monday morning.
Hawkeye 360 announces new CFO
HawkEye 360 announced Wednesday that it has promoted the company’s chief business officer, Craig Searle, to chief financial officer.
Ellucian announces new chief legal officer
Reston-based Ellucian has hired Lisa Gilley as chief legal officer, the higher education tech company announced Wednesday. She succeeds Jim Bennett, who is retiring after 35 years with Ellucian. Gilley will report directly to Ellucian President and CEO Laura Ipsen and will lead the company’s global legal function, supporting strategic initiatives for the company’s long-term […]
U.S., China reach framework deal on TikTok ownership
The U.S. and China reached a framework deal to shift TikTok to U.S. ownership, with Trump and Xi set to discuss final terms Friday.
Government Contractors | Technology 2025: RHYU, JAMES J.
Rhyu joined for-profit education tech company Stride in 2013 and has served as its CEO since 2021. Founded in 2000 as K12, Stride offers career-learning services for middle and high school curricula, programs for businesses and the military, and professional skills training in health care and technology for adult learners. Stride reported just over $2 […]
Government Contractors | Technology 2025: FERNANDEZ, RAUL
A Maryland native, Fernandez was named president and CEO of Fortune 500 IT services and consulting company DXC Technology in 2024 after serving as interim head. He succeeded former CEO Mike Salvino following three years of declining revenues. In May, the company’s board extended Fernandez’s contract through 2028. Headquartered in Ashburn, DXC has roughly 130,000 […]
Government Contractors | Technology 2025: MARRON, MARK P.
Marron started at ePlus, a provider of IT assets and financing services, in 2005. He became president and CEO in 2016 and a member of the company’s board in 2018. In August 2024, ePlus acquired Minnesota-based IT services company Bailiwick Services for an undisclosed amount. In June, the company sold off its U.S. finance business […]
Government Contractors | Technology 2025: AGGARWAL, REGGIE
Initially a lawyer, Aggarwal shifted to the events business after planning hundreds of events as president of the Indian CEO Network. In 1999, he founded Cvent, a market-leading meetings, events and hospitality technology provider. Cvent has grown to employ more than 5,000 people and serves more than 24,000 customers globally. While not on the Fortune […]
Government Contractors | Technology 2025: LE, PHONG
In February, the company formerly known as MicroStrategy, known for being the world’s largest corporate bitcoin owner, dropped the “micro” from its name, becoming simply Strategy. Given that bitcoin reached yet another record high in July, this time reaching $123,000, the Tysons tech company’s strategy looks to be paying off. As of July 6, Strategy […]
