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Red Hat delivered another quarter of revenue growth in 4Q14, increasing a reported 15% from the year ago quarter to $456 million. This marks the 11th straight quarter of year-to-year revenue growth for the vendor. So what's driving growth? Technology Business Research analyst Andrew Smith offers his detailed insight.
Are you tired of reading about whether Google Fiber is coming to the Triangle? Apparently a lot of your are, based on a survey - albeit a small one - published Thursday. But guess what? You have to wait a while longer, says Google. No fiber present yet.
Next Glass is a mobile app that uses science and software to predict whether or not you will enjoy any bottle of wine or beer. Combining the chemistry of a person's taste preferences with machine learning, users simply point and scan any label to receive their personalized score indicating how much they will like what's inside. (The app is free to download on both iOS and Android devices in the App Store and Google Play). Despite the notable buzz Next Glass was creating leading up to launch, the boom in downloads during their first 48 hours exceeded all expectations-even their own. So, how did they do it?
Challenges continue to mount against ride-sharing Uber, this time in the city of Portland, Ore. Less than two weeks after the ride-hailing app Uber launched in Portland without officials' approval, the company said it is suspending operations for three months to work out its differences with the city.
Work and meeting space for creatives and entrepreneurs is RTP's first major effort toward redevelopment, reports ExitEvent Editor Laura Baverman.
The detective work blaming North Korea for the Sony hacker break-in appears so far to be largely circumstantial, The Associated Press has learned. The dramatic conclusion of a Korean role is based on subtle clues in the hacking tools left behind and the involvement of at least one computer in Bolivia previously traced to other attacks blamed on the North Koreans.
This year marked a milestone for MCNC as the technology nonprofit celebrated the 30th anniversary of the North Carolina Research and Education Network (NCREN). We hope you enjoyed this year's 12 Days of Broadband.
Trending in the Triangle: Get the pulse of technology in the Triangle with the best in local technology, venture, biotech, and life science news on Thursday, Dec. 18, 2014 as curated by @WRALTechWire.
Phononic, which aims to be the Intel of refrigerators, has wrapped up a cool financing round of $44.5 million. The firm has been raising money since last year. Who are the investors? A local hospital, for one.
In a blog post Wednesday, Uber's head of global safety company security chief Philip Cardenas defended the company's safety record but also wrote that "as we look to 2015, we will build new safety programs and intensify others."