New England Tech Stock Index

Joule comes out of stealth, North End stays in stealth but gets some money, and Verizon cuts jobs in today’s NewsFlash Roundup.

• Joule Biotechnologies comes out of stealth with solar-powered biofuel tech

The two-year-old clean tech firm founded and backed by Flagship Ventures managing partner Noubar Afeyan emerged from stealth mode Monday, announcing it is working on a large-scale test of its Helioculture technology, which uses the genetically engineered cells to produce fuels with the sun, wastewater and carbon dioxide.

• Stealthy North End Technologies gets $1.2M in bridge funding

Landing a Series B “will allow us to bring a product to market,” Kayton said. What that product is has been a subject of much speculation, and Kayton would not reveal any details other than to say “we are in an alpha stage.”

• Verizon to cut 8,000 positions; N.E. numbers unknown

Verizon Communications Inc. said it would 8,000 more positions by the end of the year as the company continues to be stung by a slowdown in corporate accounts. (more…)