Consumer-focused businesses (Pinterest) have more cachet, but tech startups (Zoom) that cater to companies are the hotter stock offerings, The Wall Street Journal's Rolfe Winkler writes.
What's new: "50 U.S. business-software companies have gone public since 2016, including Twilio Inc., MongoDB Inc. and Zscaler Inc. That compares with 13 consumer-technology companies, such as Dropbox Inc. and Snap," the WSJ reports.
The Police Service of Northern Ireland has reported 2 arrests in connection with the death of LGBTQ investigative journalist and author Lyra McKee, who was killed in Londonderry, Northern Ireland on Friday while covering riots that have followed ongoing Brexit proceedings, the Irish Times reports.
The bottom line: 2 men, ages 18 and 19, were arrested on Saturday under the Terrorism Act and have not yet been formally charged. Police said that a gunman fired shots toward police officers during the riots, which was also described by a reporter at the scene, per the BBC. Police are attributing Friday's violence to the New Irish Republican Army dissident group, which is not affiliated with the Provisional Irish Republican Army known for its role in the 1968-to-1998-era of the "Troubles,” per the New York Times.
Over the past few years, big-name venture capitalists and flashy PR campaigns have boasted about replicating the Silicon Valley tech boom in second-tier cities around the country. But so far there is no stampede to the hinterland.
The big picture: Existing U.S. tech hubsare not only holding on to their imprimatur as primary magnets of top tech talent, but increasing it, persuading the best candidates to take jobs and stay put. Second-tier cities remain just that.