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Technology

Utah Money Watch provides perspective and contextual insights on all financial aspects of the Technology marketplace within Utah, from A.I. to blockchain and from SaaS to Consumer Electronics.

As Predicted by Utah Money Watch 3 Months Ago, Qualtrics Laid-Off ~780 Employees Yesterday, ~15% of its Workforce

And to be clear, we do NOT think the changes, or employee headcount reductions, are over at Qualtrics. In a company-wide email sent yesterday, Qualtrics International's CEO, Zig Serafin, announced that the company had "made the difficult decision to eliminate approximately 780 roles across the company."

Utah's Top Nine Business "News Nuggets" from the Past Week: 23—30 September 2023

Utah's Top Nine Business "News Nuggets" from the Past Week: 23—30 September 2023

Enclosed below (in no particular order), are Utah's Top Nine Business "News Nuggets" from 23—30 September 2023 that may not have hit your radar: * American Fork, Utah-based LiveView Technologies (LVT) has been named by the Utah Jazz as its multi-year jersey patch sponsor starting with

Some 30 Months on, Utah's Mercato Partners Completes Merger of its "Blank Check" Company with a Brazilian Firm

Some 30 Months on, Utah's Mercato Partners Completes Merger of its "Blank Check" Company with a Brazilian Firm

Almost exactly 2.5 years after one of Utah's largest and most successful investment and private equity firms filed paperwork with the SEC about its intent to conduct an IPO of its Special Purpose Acquisition Company, Mercato Partners Acquisition Corporation has now completed its "SPAC Merger"

Utah's Top 16 Business "News Nuggets" for September 01—22, 2023.

Utah's Top 16 Business "News Nuggets" for September 01—22, 2023.

AUTHOR'S NOTE: Clearly, not every news announcement deserves to be the top story of the day. Nevertheless, many news items are still significant and should be acknowledged as such. This is why we regularly take time to bundle a number of these announcements into semi-regular write-ups focused on

ICYMI: Utah's Top Eight Money Stories from the Second Half of August 2023

ICYMI: Utah's Top Eight Money Stories from the Second Half of August 2023

From the death of one of Utah's top inventors / technologists to an apparent new record set by Utah-HQ'd firms, we deliver our perspectives on each of the Top 8 Money Stories in Utah for second half of the month (August 16th through the 31st). AUTHOR'

Centerville-based TruGolf Continues Forward with its Plans for a SPAC Merger with Deep Medicine Acquisition Corp.

Centerville-based TruGolf Continues Forward with its Plans for a SPAC Merger with Deep Medicine Acquisition Corp.

If successful, the Special Purpose Acquistion Corporation merger is expected to close in the 4th Quarter of 2023, raise ~$96 million in new monies in the process, while also transforming the 30-ish-year-old TruGolf into a NASDAQ-listed, publicly traded company. Additionally, TruGolf has now disclosed its goal of tripling annual sales

Lehi-based Qualiti Raises $6.5 Million in Seed Round Funding to Support Software Programmers and Developers Everywhere

Lehi-based Qualiti Raises $6.5 Million in Seed Round Funding to Support Software Programmers and Developers Everywhere

With its focus on leveraging artificial intelligence to address Quality Assurance challenges with software code, Qualiti says its platform can help developers lower QA costs and time by 34% - automatically and without human intervention. Can one piece of software literally eliminate over one-third of internal costs? That's