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Technology

  • WEX survey shows 'strong' global appetite for payments innovation

    Renee Cordes July 17, 2018

    WEX Inc., the South Portland-based provider of corporate payment processing and business solutions for truck fleets, travel and health care, said its survey of global CFOs and executives found a “strong” appetite for innovation in the payments

    Renee Cordes July 17, 2018

  • Broadband expansion 'roadshow' heads to six Maine towns

    Staff July 10, 2018

    The ConnectME Authority and U.S. Department of Agriculture will host community meetings across Maine this month for discussions on broadband expansion.

    Staff July 10, 2018

  • Winxnet merges with Calif. firm, giving it coast-to-coast market reach

    Staff July 2, 2018

    Portland-based Winxnet Inc. announced today it has merged with San Diego-based K&R Network Solutions Inc. to form a coast-to-coast managed IT services company.

    Staff July 2, 2018

  • WEX and IDEXX bring home the bacon for their investors

    Peter Van Allen June 11, 2018

    When WEX Inc. announced that it had signed a fleet-card deal with Shell, Wall Street apparently liked what it heard.The day of the announcement, shares of South Portland-based WEX surged by 4.75%, to $186.59.

    Peter Van Allen June 11, 2018

  • Market likes WEX fleet-card deal with Shell

    Staff June 4, 2018

    WEX Inc. (NYSE: WEX) announced today a big win for its fleet card division, reporting that it has entered into an agreement with Equilon Enterprises LLC, dba Shell Oil Products US and Shell Canada Products, to issue and operate Shell's full

    Staff June 4, 2018

  • Four savvy teens win scholarships in Tyler Tech's App Challenge

    Staff June 4, 2018

    Four tech-savvy high school students from across Maine were selected as winners of the 2018 Tyler Technologies Maine App Challenge, a contest that encourages students to develop a mobile application and create a video to showcase their app.

    Staff June 4, 2018

  • UMaine showcases five innovative R&D projects

    Staff May 30, 2018

    Five discoveries, including one designed to monitor the health of beehives by using radar, will be showcased by University of Maine faculty-led teams from the Maine Innovation, Research and Technology Accelerator today at the Foster Center for

    Staff May 30, 2018

  • Here's what you should know about new European Union data security law

    Erin Benson, Contributor May 24, 2018

    Maine, like its New England neighbors, can boast some of the most stringent personal information security laws in the country. But the European Union's even stricter "General Data Protection Regulation," which takes effect on Friday, may require

    Erin Benson, Contributor May 24, 2018

  • Colby, Central Maine Growth Council partner on Waterville free public wifi

    Maureen Milliken May 9, 2018

    Waterville is getting free public downtown wireless through a partnership between Colby College and the Central Maine Growth Council.

    Maureen Milliken May 9, 2018

  • UMaine researcher gets $250K to advance 'nanofibril' building materials

    Staff May 9, 2018

    Mehdi Tajvidi, an assistant professor of renewable nanomaterials at the University of Maine, has been awarded $250,000 to develop next-generation floor and wall products that utilize cellulose nanofibrils, the microscopic natural structural building

    Staff May 9, 2018

  • WEX posts 22% increase in Q1 revenues

    James McCarthy May 3, 2018

    WEX Inc. (NYSE:WEX) today reported it beat both its top line and bottom line projections in the first quarter of 2018, with total revenues of $354.8 million increasing 22% over the $291.4 million reported for the same period a year ago.

    James McCarthy May 3, 2018

  • Tyler Technologies acquires Portland cybersecurity firm

    Staff May 2, 2018

    Tyler Technologies Inc. (NYSE: TYL) announced Tuesday it acquired Sage Data Security LLC, a Portland company that specializes in cybersecurity.

    Staff May 2, 2018

  • Meet the 2018 Mainebiz Business Leaders of the Year on May 3

    Staff April 26, 2018

    Every year, Mainebiz honors outstanding Business Leaders of the Year in three categories. This year's honorees will be feted at an evening reception on May 3 at the Falmouth Country Club in what is sure to draw a large crowd.

    Staff April 26, 2018

  • MTI awards $10.9M in technology grants to seven Maine firms

    Staff April 17, 2018

    The Maine Technology Institute has completed the full disbursement of the $45 million technology bond approved by voters last June, awarding $10.9 million in challenge grant awards to seven Maine companies.

    Staff April 17, 2018

  • New Gloucester IT service provider recognized for its global growth

    Renee Cordes April 3, 2018

    Planson International, a 25-year-old-global supplier of information technology software, hardware and services based in New Gloucester, was just named “Service Provider of the Year” by the Maine International Trade Center.

    Renee Cordes April 3, 2018

  • Joshua Broder leads fast-growing Tilson towards $77M in annual sales, hundreds of jobs

    Renee Cordes March 19, 2018

    “Tilson – On a Mission” is the tagline at Tilson Technology Management Inc., where CEO Joshua Broder says that mission is to design and build America's information infrastructure software and hardware.

    Renee Cordes March 19, 2018

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Today's Poll

Do you rent or own a home?
Poll Description

Maine's housing shortage is fueling the cost of buying a home. In March, Maine's median home price was $381,500, up 9% from a year ago, according to Maine Listings. In Cumberland County, including the Portland area, the median sales price was $565,000 last month. 

Higher prices are also putting pressure on the rental market. Young people, singles and families new to Maine are looking to get rentals, but so are potential home buyers who can't find a home in their price range. Higher interest rates are also an issue.

As a place to rent, Maine ranks No. 13 in the U.S., with average monthly rents reaching $1,971, according to a new Ipsos iSay survey of American renters.

With so many people shut out of buying a home, we're curious what alternatives people are finding. 

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