Boston gets a new biotech accelerator with the launch of Petri – TechCrunch

As biotechnology becomes more central to new innovations in healthcare, material science and manufacturing, one of the nation’s research hubs is getting a new accelerator called Petri to launch companies focused on the commercialization of new technologies. Backed by the Boston-based venture capital firm Pillar, Petri has a three-year $15 million commitment to back companies…

US Sanctions 3 North Korean Hacking Groups Accused for Global Cyber Attacks

The United States Treasury Department on Friday announced sanctions against three state-sponsored North Korean hacking groups for conducting several destructive cyberattacks on US critical infrastructure. Besides this, the hacking groups have also been accused of stealing possibly hundreds of millions of dollars from financial institutions around the world to ultimately fund the North Korean government’s…

Cloudflare co-founder Michelle Zatlyn on the company’s IPO today, its unique dual class structure, and what’s next – TechCrunch

Shares of Cloudflare rose 20% today in its first day of trading on the public market, opening trading at $18 after it priced its IPO at $15 a share yesterday and holding steady through the day. Put another way, the performance of the nine-year-old company — which provides cloud-based network services to enterprises — was relatively…