Myra Thomas

Myra Thomas is an award-winning business reporter. She started her career in finance, eventually becoming AVP for a Lloyd’s of London intermediary. She applies her extensive business knowledge to the world of reporting. Her stories run the gamut of topics, including tech, banking, healthcare, personal finance, and small business. She has a BA from Vassar College and an MFA from Fairleigh Dickinson University. Myra lives in Fanwood, New Jersey with her husband, two daughters, and two fierce Cairn Terriers.

Angels Should Mentor, Not Just Provide Cash

Meeting
Tech entrepreneurs need mentors. No one questions that. But few consider the idea that angel investors – in addition to providing money – can offer coaching and advice. According to Brian S. Cohen, chairman of New York Angels and co-author of What Every Angel Investor Wants You to Know: An Insider Reveals How to Get Smart Funding for Your Billion Dollar Idea,” entrepreneurs should seek out angels who can provide tech and business expertise. Having been both an entrepreneur and… continue…

Atlanta’s Strong on Tech Startups, Tech Jobs

Posted In Looking in Tech
Atlanta
The Atlanta metro area is home to a growing number of tech startups, and local entrepreneurs point to the high quality of life and favorable business climate as big reasons for locating in the region. Whether it’s the low cost of living, a global airport hub, angel investor tax credits or access to university and incubator assistance, new tech companies are finding more reasons to open their doors in the Peach State. According to a 2012 study by the Kauffman… continue…

Men, Women Make Different Pitches to VCs

His & Her Post-Its
Women and men have different styles when it comes to pitching venture capitalists on their businesses. Women rely on metrics, while men pitch broad visions, according to women VCs at MIT’s 16th Annual Venture Capital Conference. The Boston Business Journal reported that the topic was one of many at the Women in VC panel event, which also touched upon the challenges and solutions in the women-led VC space. While men tend to pitch a vision for the future, women have… continue…

Va. Tech Councils Face Fundraising Shortfall

Posted In Living in Tech
Fundraising
Shortfalls in fundraising are prompting a Virginia-based economic development organization and a related technology council to merge. The News & Advance is reporting that two of the six partner organizations in the Region 2000 Partnership—the Economic Development and Technology Councils—have announced plans to “combine missions, redistribute priorities and consolidate support staff.” The Center for Advanced Engineering and Research, also part of the Region 2000 Partnership, is slated to become an independent organization and break off from the group in about five… continue…

Tech Startups Attract Non-Tech Company Buyers

Posted In Money, Startups
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Stepping outside the comfort zone is a mantra that non-tech companies are increasingly adopting, as they search for new ways to expand their operations or beat back the competition. Just ask corporate titans in the health, retail, financial services and agriculture industries that are stepping up their buyout activity of tech startups and going head-to-head with well-known IT companies like Google, Facebook and Yahoo, TechCrunch says. Health insurer UnitedHealth Group, for example, acquired health data analytics company Humedica in January.… continue…

MOOCs Get ‘F’ in Delivering on Promise

Posted In Living in Tech
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It was two years ago that Stanford professor Sebastian Thrun drew 160,000 students from around the globe to his free online course on artificial intelligence, starting a conversation about the coming wave of free online education. But despite claims that free online courses would revolutionize education, the New York Times is reporting that initial results for large-scale courses are rather disappointing. A study from the University of Pennsylvania Graduate School of Education of a million users of massive open online… continue…

Local Governments Face IT Talent Squeeze

Posted In Looking in Tech
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Tech companies aren’t the only organizations scrambling to find qualified tech professionals. Local governments are feeling the pinch, as well. A big reason: Senior government IT executives are preparing to retire and potential replacements are few and far between, according to Government Technology. The recession has kept the problem at bay for a while, with its budget cutbacks, layoffs and caps on hiring. Local CIOs outsourced IT systems, brought in consultants and took advantage of computer services and software on… continue…

Indiana Development Firm Aptera Plans Expansion

Posted In Looking in Tech
Now Hiring
Aptera Software, a development and Web design firm, plans to expand its operations and add up to 17 new jobs by 2016. The Fort Wayne, Ind., company plans to invest $785,000 to renovate and equip its current 13,500 square-foot building. The renovations are expected to be complete in January, allowing the firm to accommodate additional employees and streamline work processes. Aptera has more than 70 employees currently, and has already started hiring software developers, network engineers and graphic designers, as… continue…

AIG to Open Charlotte Tech Center, Add 230 Jobs

Posted In Looking in Tech
AIG Logo
Insurance behemoth American International Group will set up a new technology center in Mecklenburg County, North Carolina, creating 230 jobs and investing $5.5 million in the process. The center will provide application development and management services, including the design, development, testing and deployment of software supporting different aspects of AIG’s global insurance business. Salaries will vary by job function, with the average being more than $100,000. AIG expects to launch the operation in 2014 and be fully staffed by 2017.… continue…

VCs Pump Cash Into Security Startups

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A significant rise in cybercrimes and corporate hacking means that cybersecurity equipment and software companies are enjoying a real upswing. Venture capital firms are taking note and pouring cash into startups in the sector, according to the Los Angeles Times. AlienVault of San Mateo, for instance, has raised $55 million in three rounds since January 2012. The company snagged seven top security executives from Hewlett-Packard, many of whom had worked at Fortify Software, a San Mateo security company HP bought… continue…