President Obama's BRAIN Initiative - Brain Research through Advancing Innovative Neurotechnologies - second year kickoff includes three RTP connections: Funding from GlaxoSmithKline and research grants for teams at UNC-Chapel Hill as well as Duke.
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David Murdock, the 91-year-old billionaire founder of the North Carolina Research Campus, sets aside $15 million annually from his estate with the goal of advancing life science research for years to come. But the feisty Murdock says he still aims to live to 125.
NC IDEA has selected 19 startups from around North Carolina as semifinalists in its latest rounds of grants. Nearly 100 firms applied for the non-dilutive grants which can be worth as much as $50,000.
New Windows sneak peak; U-verse to Wilmington; Cisco's $1B cloud move; China OKs iPhone 6; Ireland-Apple tax deal
In today's technology news wrapup: Microsoft to offer sneak peak of new Windows; AT&T takes U-verse to Wilmington; Cisco expands cloud network; China OKs new iPhones after security assurances; and the EU presses Ireland about Apple tax breaks.
Last week, the Internet erupted with photos of bent iPhone 6s, and a very-viral video of a guy creasing an iPhone 6 Plus with his bare hands. It seemed like a serious concern, yet everything about the uproar was highly unscientific. We don't like unscientific, so we promised then that we would use our lab equipment to find out just how delicate the iPhone 6 and 6 Plus really are. We also promised to run the same tests on comparable smart phones. We've done that now, and our tests show that both iPhones seem tougher than the Internet fracas implies.
The founders of social media engagement app Stealz came together to start a nonprofit organization to help school systems raise more money. In the process, they met owners of restaurants, bars and venues and learned of a key problem in marketing and growing their businesses. They didn't have the time, or the content, to take advantage of social media. Stealz helps. But is Stealz a steal for users? ExitEvent Editor Laura Baverman takes an inside look at the company, its growth and its challenges.
TransEnterix, a developer of robotic and flexible instrument technology for use in surgery, has landed a loan worth up to $25 million. The deal provides "up to three quarters of additional capital to satisfy our operating cash requirements," says CEO.
The billionaire founder of the North Carolina Research Campus will make the gift announcement Tuesday to continue supporting operational expenses and recruit top scientific talent to the state. It's his second large donation by the 91-year-old in the last 16 months.
Gigabit Internet to the desktop and to the home is about to hit the Triangle. Are you ready to cash in for your business -and for your own entertainment? Have questions? Need answers? Then you need to attend WRAL TechWire's "Fiber Transforms the Triangle" conference at SAS on Oct. 13.
Almost a year after billionaire Carl Icahn opened a proxy fight pushing for the spinoff of PayPal, eBay President and CEO John Donahoe said Tuesday that, "The industry landscape is changing, and each business faces different competitive opportunities and challenges."
Raleigh-based Salix Pharmaceuticals, which is reportedly the target of merger talks in a deal worth more than $10 billion, may have become a more likely takeover target Monday. Why? The FDA OK'd additional use for a constipation treatment.
Gerry Smith, who runs the Americas Group for Lenovo and will oversee the merged IBM-Lenovo System X business unit when the deal closes Wednesday, threw down a proverbial gauntlet to competitors on Monday. "The FUD spread by our competitors is over," he declares. Lenovo defied critics in buying IBM's PC business in 2005 and will do so again in servers, he promises.
Lenovo Chairman and CEO Yang Yuanqing spells out an aggressive strategy to make the company No. 1 in the global server market once the $2.1 billion deal for IBM's x86 business closes on Wednesday. Yang aims for $5 billion in revenue and profitability in one year for the newly branded "Systems X" business.
Lenovo Chairman and CEO Yang Yuanqing says the $2.1 billion acquisition of IBM's x86 server business will close on Wednesday. The deal means some 2,000 IBMers in the Triangle will become Lenovo employees. Lenovo reiterated its pledge to hire all Big Blue workers in the x86 business but also said a search for "efficiencies" would begin once the merger has closed and the Lenovo-IBM server businesses are combined.
With Lenovo and IBM wrapping up their $2.1 billion x86 server deal, the first Big Blue workers will head to a Lenovo operated facility on Wednesday morning. While some workers and facilities will transition in coming months, a large number switch to Lenovo's two buildings in RTP and take orientation in coming days, says Lenovo's top North America exec Jay Parker.
A team of developers led by Longfellow Real Estate Partners from Boston, Duke University and Durham businessman Hank Scherich will unveil formal plans Wednesday for the "Durham Innovation District." The project is expected to cost hundreds of millions of dollars and cover 1.7 million square feet of office space.