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Corey McCann, president and chief executive of Pear Therapeutics, and Elon Boms, chief executive and chairman of Thimble Point Acquisition Corp.

Pear Therapeutics to go public in $1.6 billion SPAC deal to treat diseases with software

Founded in 2013 in Boston and San Francisco, Pear has emerged as a leader in prescription digital therapeutics, a new class of medicines that uses software to treat disease.

Boston-area companies merge to boost the business of tracking drivers’ behavior for auto insurers

Cambridge Mobile Telematics has acquired TrueMotion in the emerging field of tracking driver behavior to help set insurance rates. The acquisition was valued in the hundreds of millions of dollars, according to a source familiar with the transaction.

UMass Lowell says it wasn’t hit by ransomware, will resume some operations Thursday

After a cybersecurity incident, the school had to take its website offline, isolate its computer network, and install an app called Red Cloak, from cybersecurity firm SecureWorks, which can root out malware or other hacker-installed programs.

Ginkgo’s spinout Motif to release plant-based meat tech after raising $226 million

The funding, which brings Motif’s total haul to $345 million, will allow the company to add at least 50 people to its 35-person team by the end of the year.

DraftKings CEO and founder Jason Robins.
Targeted by short sellers, DraftKings gets aid from Reddit’s online brigade
The company's stock fell by as much as 12 percent Tuesday after Hindenburg Research said it uncovered potential legal issues at the sports-betting firm.

Tim Berners-Lee is selling a computer file containing the original programming code for the World Wide Web, along with a nonfungible token.
Web inventor Tim Berners-Lee is auctioning off an NFT with his original code
Proceeds from the digital token sale will benefit causes supported by the MIT professor and his wife.

Latest Headlines in Technology

Innovation Economy
Vehicles on display in Los Angeles. Nearly 4,500 US dealerships are using a Burlington, Mass.-based company's software to streamlines the sales process, from facilitating live chats to checking a buyer’s credit.

Burlington’s CarNow helps dealers steer toward tech

Dealerships that had to shut down showrooms in 2020 during the pandemic realized that they needed to get more digital, and fast. No more asking customers to come into a dealership and sit at a salesperson’s desk for an hour or two.

TECH LAB
Passengers made their way to the Martha’s Vineyard Ferry after The Steamship Authority was hit by a ransomware attack.

Ransomware is a massive problem. And there’s no easy fix

Industry analysts say the United States must deploy a complex array of legal, technical, and even diplomatic tools to crack down on international cybercriminals.

IDG chief executive Mohamad Ali at the new IDG headquarters in Needham.

Private equity giant Blackstone acquires tech research firm IDG for $1.3 billion

IDG, founded in 1964 by the late Patrick J. McGovern, focuses on publishing content and research about the technology industry.

A man works on a laptop computer. iMotions, a Danish company with its US headquarters in Boston, is using camera-equipped laptops and artificial intelligence software from Boston-based Affectiva to measure a person’s emotions and state of mind.

Emotion-tracking tech moves from lab to living room

iMotions, a Danish company with its US headquarters in Boston, is using camera-equipped laptops and artificial intelligence software from Boston-based Affectiva to measure a person’s emotions and state of mind.

A screen image from Akili's EndeavorRx video game, used to treat ADHD in children.

Akili raises $160m for its prescription video game

The Boston startup plans to increase marketing of the FDA-approved therapy for children with ADHD.

Flywire chief executive Mike Massaro.

Meet Flywire, the Boston tech scene’s newest public company

CEO Mike Massaro and his team rang the Nasdaq opening bell in Times Square on Wednesday morning. The company is currently valued at over $3 billion.

Amazon Prime packages sat in a delivery truck before being unloaded in Miami, Fla.

Perch, a startup that buys Amazon sellers, raises $775 million from SoftBank

The Boston startup acquires and operates businesses that sell products on Amazon. It now joins the tech “unicorn” club, with a company valuation over $1 billion.

Flywire chief executive Mike Massaro.

Boston payments firm Flywire raises $250 million in IPO

The company raised $250.6 million in the deal, and its stock is expected to start trading Wednesday on the Nasdaq Global Select Market under the symbol FLYW.