March 29, 2024

Monday's Afternoon Update

What you need to know about Florida today

| 1/14/2019

South Florida leads 2018 venture capital investment in state

South Florida led 2018 venture capital investment in the state, with the top deal of $461 million raised by Plantation-based Magic Leap. Florida-based companies raised $1.7 billion from 189 deals in 2018, compared with $2.6 billion and 153 deals in 2017. More from the South Florida Sun-Sentinel.

Gov. DeSantis names Miami appellate judge Robert Luck to Florida Supreme Court

Robert Luck, a well-respected appellate judge, was named to the Florida Supreme Court on Monday, the second judge from Miami's appeals court to be named to the high court under new Gov. Ron DeSantis. The governor appointed the 39-year-old Luck, who has served less than two years on the Third District Court of Appeal. More from the Times/Herald.

NASA contractors struggle without pay during government shutdown — and may never see the money

Concerns are starting to rise for hundreds of Kennedy Space Center workers affected by the government shutdown as they go without pay. And for contractors, nothing is guaranteed. They’re not government employees, so they are not assured back pay once everything is resolved. More from the Orlando Sentinel.

Most say CEOs PortMiami should expand more, without hurting the fragile eco-system

PortMiami was dredged three years ago at a cost of $205 million to accommodate mega ships. Now PortMiami, which had a record year in terms of cargo and passengers, wants to enlarge the port even more. More from the Miami Herald.

Small Business Advice
How liquid are your assets?

There are many reasons for cash flow shortages: a slump in sales, seasonality, unexpected expenses and late-paying clients. Bottom line, cash is king, and if you do not have enough money in your checking account to pay your monthly bills you do, indeed, have a problem. Read Gray Poehler's full column here.

Business Profile
Tippy

 Tippy, a new app by a Fort Lauderdale startup, makes it convenient for customers to leave tips for their hair stylists and spa workers when they don’t have cash and can’t add them to their credit-card tab. The app, launched in early December, is already being used in 60 salons, according to parent company DirectTips, which has raised more than $3 million.

» More from the South Florida Sun-Sentinel.

Trend Mention
Florida Venture Capital ConferenceFlorida Companies to Watch
Join us in beautiful Tampa Bay for the 8th annual Florida Companies to Watch on Saturday, February 9, 2019. Presented by GrowFL, in association with the Edward Lowe Foundation, Florida Companies to Watch is an awards program to celebrate growing second-stage companies headquartered in Florida that demonstrate high performance in the marketplace, innovative strategies and processes, and outstanding corporate citizenship, making them “worth watching.” Register Here. [Sponsored]

 

Florida History
Vintage Photos: Jacksonville Beaches in the 1950s, 60s and 70s

floridaThe Boardwalk was the place to be and to be seen, surf clubs — and the Surf Maid — were popular among teens, Wimpy Sutton was the popular swim coach at Fletcher High School and Hurricane Dora devastated portions of the beaches. This was Jacksonville Beach and the surrounding area in the 1950s, 60s and 70s in photos.

» Read more from the Florida Times-Union.

Tags: Daily Pulse, Afternoon Pulse

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Florida Trend Video Pick

Facial recognition cameras in Florida city spark privacy concerns
Facial recognition cameras in Florida city spark privacy concerns

New security cameras in downtown Lakeland are raising concerns about privacy. The Lakeland Downtown Development Authority has begun installing 13 new security cameras on streets, sidewalks, and alleyways, and there are mixed feelings about them.

Video Picks | Viewpoints@FloridaTrend

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