A surprisingly large number of people in China cannot speak Mandarin, also known as Putonghua, and the government is determined to clean up television and spread compliance
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Dow AgroSciences’ genetically modified Enlist seed has gained USDA approval. Now the EPA must approve the herbicide that’s key to making the seed useful
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Airbus has reduced the width of a bathroom on the new A320s to restore space in the food-preparation area
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A new report suggests that student loan debt will reduce house sales by 8 percent, but other researchers aren't sure that loans are driving down demand for homes
Evan Thornley, Australian multimillionaire and co-founder of online advertising company LookSmart, has since apologized
Founders: Saied Tehrani and other former employees of Freescale Semiconductor
VC Investment over the last four quarters: $32.5 million
Everspin is a 50-employee company that was spun out of chipmaker Freescale Semiconductor in June 2008 to develop the company's MRAM products, a type of memory that stores information in magnetic material rather than with an electric charge. The company has been selling MRAM products commercially since 2006 as a part of Freescale. Everspin sees opportunities to grow despite the recession, with a chance "to get more product penetration in the market as well as continue to build very strong employee talent as we grow the company," according to Tehrani in an e-mail.
Key to startup success: "Setting aggressive but realistic expectations and goals for the company [combined with] solid execution, passion, and dedication."