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Waymo plans to bring its driverless taxis to Washington in 2026
Waymo on Tuesday added Washington to its pioneering robotaxi service's steadily expanding list of U.S. markets, although passengers will have to wait until next year until they can take a driverless ride around the nation's capital city. For now, Waymo's robotaxis will continue to map Washington's streets and corridors with a safe[...]
Stock market today: Back down goes Wall Street as Big Tech resumes its slide
NEW YORK (AP) — Wall Street swung back down on Tuesday, and its former superstars once again led the way. The S&P 500 dropped 1.1% for its latest swerve in a scary ride, where it tumbled by 10% from its record and then rallied for two straight days. The Dow Jones Industrial Average fell 260 points, or 0.6%, and the Nasdaq comp[...]
Google to buy cybersecurity firm Wiz for $32B in largest deal in company’s history
SAN FRANCISCO (AP) — Google has struck a deal to buy cybersecurity firm Wiz for $32 billion in what would be the tech giant's biggest-ever acquisition at the same time it's facing a potential breakup of its internet empire. The proposed takeover announced Tuesday is part of Google's aggressive expansion into cloud computing during[...]
Why let Big Tech destroy our climate?
As the globe struggles to meet current climate goals, a new threat is emerging. The threat is coming from Big Tech companies like Apple, Microsoft, Amazon, Alphabet (Google) and Meta (Facebook). Together, these companies represent a sector that dominates the market. At $3.6 trillion, Apple is now seven times the size of ExxonMobil[...]
Leadership: The Virginia Power 50 List
What does power mean? How do you determine who wields more than others? How can you measure an intangible but very real force? In our annual list of the 50 most powerful leaders in Virginia, we set out to do just that, considering the number of employees an executive leads, personal wealth and other metrics. Think of those selected[...]
Va. community colleges and businesses help fill in-demand jobs
Virginia had about 295,000 unfilled jobs as of November 2024, according to a U.S. Department of Labor report released in January, but it’s not as simple as sending people to job interviews to fill these positions. Gov. Glenn Youngkin’s administration notes that these are good jobs for skilled workers, but there are long-term labor[...]
Professional Services: Law firms not ready to jump headfirst into risky tech
Artificial intelligence continues to make headway into most industries, as C-suite professionals test AI-powered tools’ potential for cost savings and efficiency. Some people are even asking whether the speed of AI could finally kill off the billable hour. Not so fast, Siri. Clients often are not fans of the hourly billing model[...]
CoStar eliminates some jobs, but plans to add about 1,000 jobs
Arlington County-based real estate data and analytics company CoStar Group on Thursday announced several substantial changes to its Virginia workforce, including the elimination of some jobs and the addition of others. The company said it plans to fill more than 1,000 new positions predominantly in Richmond, including 500 new Home[...]
StartVirginia: Heard Around Virginia – February 2025 edition
Crystal City venture capital firm America’s Frontier Fund is among the nation’s first VC firms to secure approval for up to $175 million in matching capital under the Small Business Investment Company Critical Technology Initiative, a federal program aimed at boosting investment in tech areas vital to national security. This funding[...]
Va.’s first onshore wind farm sells power to Google
Even as political winds shift in Washington, D.C., a long-delayed onshore wind farm in Botetourt County might finally be sailing to completion. Charlottesville-based Apex Clean Energy announced in December 2024 that it has reached a deal for Google to purchase the full capacity of Rocky Forge Wind, a wind farm the Charlottesville[...]
STARTVIRGINIA: HEARD AROUND VIRGINIA
The second CvilleBioHub Device & Tech Expo will take place Jan. 30 at Northfork Research Park in Charlottesville. Registration is open, and participating companies include Luna Labs, Inbio, Cutagenesis, BrightSpec and others. Tickets are available at cvillebiohub.org. (News release) Joining a number of other Northern Virginia[...]
What to expect from the 2025 Va. General Assembly
The General Assembly enters the fourth year in the gubernatorial cycle with even more gridlock than usual. Democrats hold narrow majorities in both the House of Delegates and Senate, but are vulnerable to vetoes by Republican Gov. Glenn Youngkin, who begins the final year of his constitutionally mandated single term. Hopes for[...]
Big tech company to buy power from Va.’s first onshore wind farm
Even as political winds shift in Washington, D.C., a long-delayed onshore wind farm in Botetourt County might finally be sailing to completion. Charlottesville-based Apex Clean Energy announced Wednesday that it has reached a deal for Google to purchase the full capacity of Rocky Forge Wind, a wind farm the Charlottesville company[...]
World’s first commercial fusion power plant planned for Chesterfield
Commonwealth Fusion Systems, a Massachusetts-based fusion energy company, plans to build the world's first grid-scale commercial fusion power plant in Chesterfield County, Gov. Glenn Youngkin announced Tuesday. "It's a nearly $3 billion capital investment, paying taxes, and it's a bunch of really high-tech jobs," Garrett Hart, Che[...]
Return to uncertainty
In the wake of the Federal Reserve lowering interest rates by half a percentage point in September, the stock market has been setting records, hiring numbers are trending strong, and the inflation rate has been slowly edging downward. Nevertheless, many businesses — and workers — seem to be in a state of anxious uncertainty, awaitin[...]
STARTVIRGINIA: HEARD AROUND VIRGINIA
Afton Scientific, a manufacturer of sterile injectable pharmaceuticals, plans to invest over $200 million to expand its manufacturing facility in Albemarle County, creating more than 200 jobs, Gov. Glenn Youngkin announced Oct. 2. In January, Arlington Capital Partners, a private investment firm specializing in government regulated i[...]
As data centers grow, Amazon and Dominion explore small nuclear reactors
With power consumption by data centers and AI projected to more than quadruple in Virginia in the next 15 years, Amazon.com and Dominion Energy Virginia have entered into an agreement to explore potential development of small modular nuclear reactors at North Anna Power Plant in Louisa County, the two companies announced at an event[...]
2024 Virginia 500: Federal Contractors | Technology
CRAIG P. ABOD PRESIDENT, CARAHSOFT TECHNOLOGY, RESTON REGGIE AGGARWAL FOUNDER AND CEO, CVENT, McLEAN MAHFUZ AHMED CHAIRMAN OF THE BOARD, DEXIAN, MCLEAN RYAN ANGOLD CEO, ATLANTIC DIVING SUPPLY, VIRGINIA BEACH TOM ARSENEAULT PRESIDE[...]
Federal Contractors | Technology 2024: KAREN DAHUT
In October 2022, Dahut became CEO of Google Public Sector, a subsidiary of the tech giant focused on government and educational contracting. Before joining Google, Dahut led Booz Allen Hamilton’s $4 billion global defense business. Dahut served in the U.S. Navy for six years, including at the Navy Medical Research Institute in Maryla[...]
Federal Contractors | Technology 2024: CANDICE LING
Since taking the lead of Microsoft’s federal arm in July 2023, Ling has focused on forging partnerships and advancing artificial intelligence, cloud computing and emerging technologies for federal customers. This year, Ling announced that Microsoft’s Azure OpenAI generative AI tool would be available to federal customers through the[...]
