A booming fourth quarter in sales closed a $2.4 billion year for Red Hat. And sales projections for a new fiscal year helped boost Hatter stock 5 percent in after-hours trading Monday after the Open Source giant upped quarterly sales by 16 percent year-over-year. In a conference call, Red Hat CEO Jim Whitehurst says booming sales for cloud-related technology provides a big boost. So much so that he says Red Hat is now the "Red Hat of OpenStack."
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By taking advantage of local resources, this Durham medical scribe startup is proving out a business model of technology and people.
Bioventus, a Durham-based orthobiologics company, says it will commission a series of clinical studies to further validate the ability of its EXOGEN Ultrasound Bone Healing System to lessen the risk of a fracture not healing properly in the presence of known risk factors.
Triangle-based Polyglot Systems achieved an "exit" two weeks ago, being acquired by California-based First Databank. The sale ended a 13-year trek for the company, which WRAL TechWire profiled for the CED Venture Conference in 2004. Here's that profile and interview with then-CEO Stephen Noe, part of our look back through the archives as WTW observes its 15th anniversary. At the time, Noe described Polyglot's exit strategy: "Our current growth strategy offers several exit options in the future. We are considering either a public offering or an acquisition by a larger company in three to five years."
Think back to math class in elementary school. Do you remember being assigned to a "high," "middle" or "low" group? If so, you'll relate to a new study from North Carolina State University on the importance of how teachers talk about students' mathematical work.
Analysis: The annual Mobile World Congress produced its usual show of technology innovations, especially in artificial intelligence, Internet of Things and emerging 5G technology. But where are the solutions to real needs?
Despite Republican assurances that North Carolina's "bathroom bill" isn't hurting the economy, the law limiting LGBT protections will cost the state more than $3.76 billion in lost business over a dozen years, according to an Associated Press analysis.
Cindy Whitehead. the CEO who sold Sprout Pharmaceuticals for some $1 billion in 2015, will be the keynote presenter at WRAL TechWire's upcoming Tech Awards event. Plus, we have more news to announce very shortly. You don't want to miss this party, the biggest and best we've thrown to date.
The new innovation orchard model brings together university, industry, and potentially government partners to provide start-ups with the know-how, access to technology, equipment, and bridge funding to scale up new technologies, says a report from the Information Technology & Innovation Foundation.
The U.S. Senate and FCC are changing rules about how service providers can utilize customer data, but that doesn't mean pay-TV subscribers like the intrusion, especially of personalized ads targeting them based on individual information.
After a "strong jump" last month in an economic index for North Carolina, NCSU economist Dr. Michael Walden says "2017 may shape up to be the best post-recessionary growth year" for the state. The survey reflects optimistic findings in two recent surveys of corporate executives.
Analysis: SAP continues to evolve from its roots in back-office, on-premises ERP and supply chain management (SCM) software to a cloud-led, enterprise-wide solutions vendor that also supports front-office functions. Technology Business Research Analyst Seth Ulinski takes a look. Plus: A video look at omnichannel banking.
I've been to SXSW several times. In fact, just last year I spoke there about the future of sports. I was there for four days, I went to a ton of sessions. I went to bunch of parties, I even went to a handful of VIP events. It was fun, but it was kind of empty. So this year I approached SXSW a little differently, because this year, I'm on a mission.