UW System bans TikTok use on system devices
A number of other universities across the country have banned TikTok in recent weeks, including Auburn, Oklahoma, Arkansas, Georgia, Iowa, and Texas.
Technology & Biotech
Spotify latest tech company to cut jobs, axes 6% of workforce
Stockholm-based Spotify had benefited from pandemic lockdowns because more people had sought out entertainment when they were stuck at home.
Tech layoffs continue, Google axes 12,000 jobs
It’s one of the company’s biggest-ever round of layoffs and adds to tens of thousands of other job losses recently announced by other tech giants.
Madison ranked 9th best city for newly graduated STEM professionals
STEM professions are expected to grow 10.8% between 2021 and 2031, compared to just 4.9% for all other occupations.
Microsoft lays off 10,000 workers
The layoffs will begin immediately, and the company will also be making changes to its hardware portfolio and consolidating its leased office locations.
Evers signs executive order banning TikTok from state-issued devices
The order also prohibits the use of certain other technologies, software, and vendors that could pose potential cybersecurity threats.
Hilton Madison adds robot to its staff
The robot's capabilities include delivering food at group events and in the hotel restaurant, as well as offering refreshments to hotel guests waiting to check in.
Exact Sciences preliminary Q4 revenues rise 16%
For the full-year of 2022, Exact Sciences expects revenue between $2.082–$2.084 billion, an increase of 18% year-over-year, or 25% excluding COVID-19 testing.
Madison biotech firm partners to expand its therapeutics research
Under the terms of the agreement, Nimble Therapeutics will receive a $20 million upfront payment and milestone payments that could exceed $1.1 billion for its research.
Madison startup gets FDA approval for radiation assessment tool
The tool estimates the amount of radiation absorbed by patients following treatment or diagnosis with radiopharmaceuticals.
Wisconsin AI Summit to look at commercializing data solutions
Audience members will get one-on-one coaching as they prepare initial executive summaries and project pitches for federal agencies interested in piloting AI/ML applications.
Applied Tech merges with Denver managed service provider
The combined entity creates a more diverse team of 150 people located in 23 states working to secure, manage, and co-manage their clients’ IT infrastructure and staff.
Wisconsin is middle of the pack in technology and science
The Badger State scored the lowest in the risk capital and entrepreneurial infrastructure index, which measures venture capital, funding, patents, business formations, and more.
UW testing new security screening technology at sporting events
The Hexwave system automatically detects concealed weapons and other potential threats, including both metallic and nonmetallic objects, such as 3D-printed ghost guns, as well as improvised liquid, powder, or plastic explosives.
Madison tech startup would detect deadly explosives in Ukraine, other countries
Clandestine Materials Detection Inc., a spin-out from the University of Wisconsin–Madison, says it’s been contacted by Ukraine for help in finding explosive devices that are a threat to civilians and soldiers.
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Biotech company to build new Madison headquarters
Fujifilm Cellular Dynamics will triple its footprint in Madison with a new 140,000-square-foot facility on Excelsior Drive.
Cellectar announces dispute resolution
The lawsuit was filed by Cellectar in October 2021 in the U.S. District Court for the Western District of Wisconsin concerning employee contracts and intellectual property rights in certain intellectual property about the diagnosis and treatment of cancer.
Nebraska probiotic developer acquires Madison facility
The facility will be built out to specifically support probiotics in an environment that features very low humidity levels in all areas where probiotic ingredients will be found.
New study offers promising prospects for FluGen
A recently published study by Madison-based FluGen shows that nearly 81% of adults who got a high dose of Madison-based FluGen’s experimental flu vaccine had a broad immune response and 71% had a significant response to a particular flu protein.
