TechWire Rewind: Inside GameStop short squeeze; $1B innovati

TechWire Rewind: Inside GameStop short squeeze; $1B innovation district; NC tech jobs + 78 more headlines


As Monday morning rolls in, we’re providing TechWire readers with a quick recap of the past week’s news headlines.
Notable news stories from last week included: Developer Kane Realty announced it’s building a $1 billion, 33-acre innovation district in Raleigh’s North Hills; NC TECH released its annual State of Technology Industry Report showing that tech job demand remains elevated despite the pandemic; Durham semiconductor firm Cree is changing its longtime name to Wolfspeed; Wake Tech Community College partnered with Amazon to offer a new robotics training program.
And, in national news: The headlines were flooded with news about the r/WallStreetBets subreddit, as GameStop shares soared in a grassroots-led rally against short sellers; a massive internet service outage hit the U.S. on Monday; $284 billion in loans is now available for small businesses through a new round of Paycheck Protection Program (PPP) funding; Apple, Microsoft, Facebook and other tech giants reported big profits in their latest quarterly earnings reports.

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