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MTI awards $71K to small businesses across the state

The Maine Technology Institute on Tuesday approved four grant applications for the month of January totaling over $71,000 to four business in the state that specialize in advancements in the fields...

Bigelow Laboratory launches venture research centers

Lori Valigra |

Bigelow Laboratory for Ocean Sciences has launched two new Centers for Venture Research that will apply business and project management techniques to its ocean-related research projects to get them...

WEX beats analysts' projections, but stock drops

James McCarthy |

WEX Inc. reported today financial results for the three months ended Dec. 31, 2015, with total revenue for the fourth quarter increasing slightly year-over-year at $212.6 million compared with $211.9...

Maine lawmakers support broadband investment

A long overdue investment in the state's Internet access infrastructure could come in the form of $1 million diverted from the state's general fund, with an annual budgetary increase to the agency...

Bar Harbor considers broadband expansion

Bar Harbor's town council met this week with Tilson Technology Management, a Portland-based information technology and consulting firm, to discuss options for expanding fiber-optic and broadband...

Technology-to-mill-town trend continues

The trend toward revitalization of Maine's traditional mill towns has received big boosts lately, as technology firms find their way to these historic areas, arrivals that tie in with city and...

Mass. IT firm plans 200 jobs in Waterville

Laurie Schreiber |

A Massachusetts IT company will bring 20 immediate jobs and an expected 200 jobs over the next four to five years to Waterville.

Time Warner Cable data breached

Time Warner Cable announced that as many as 320,000 customers may have had their email addresses and passwords exposed.

Maine Technology Institute grants $83K to 8 companies

The Maine Technology Institute said Thursday it awarded $82,763 to eight companies across Maine to advance their new product and process development.

New Maine tax rules favor bagels over doughnuts

Look for some oddities in your grocery bill starting Jan. 1, when new Maine taxes, for example, will slap a sales tax on salsa, but not on powdered dip mix.