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34 minutes ago

Premium Lock Exclusive: Biotech Center doubles size of startup loans due to lack of private investment funding

Despite cuts in its own state funding, the North Carolina Biotechnology Center is doubling the size of loans it makes to early-stage life science companies. Why? Lack of private-sector capital, says Peter Ginsberg, the Center's vice president for business and technology development. WRAL TechWire Insiders can read the details in this exclusive interview.

N.C. Biotech Center  N.C. Biotech Center

Updated 2:43 p.m. today

Premium Lock N.C. Senate gives tentative OK to bill including crowdfunding

NC JOBS Act The state Senate on Wednesday afternoon gave tentative approval to a bill that includes crowdfunding legislation. One more vote is needed before the bill can go to the House, Economic development legislation also moved forward as part of the bill.

Best of TechWire Insider

2:24 p.m. today

Help Gov. McCrory help startups, entrepreneurs: Take this survey

ExitEvent N.C. Governor Pat McCrory and the North Carolina Office of Science & Technology are looking for information to help efforts aimed at university commercialization. Entrepreneurs can help by taking a survey, says ExitEvent Editor Laura Baverman.

10:41 a.m. today

Raleigh is 'best place' for business, careers, says Forbes

Raleigh vaults to No. 1 from No. 3 a year ago on the latest "Best Places for Business and Careers" report from Forbes magazine. The 16th annual survey cites lower business costs, the broad level of advanced education and the presence of tech hub RTP as key factors in Raleigh's success.

Downtown Raleigh Downtown Raleigh

Updated 10:23 a.m. today

GSK sales, earnings slump; shares drop 5%; growth forecast slashed

GSK's HQ in London       Drug giant GlaxoSmithKline, hurt in part by a 20 percent decline in sales in China where the company is under criminal investigation, reports revenues and earnings that missed analysts' expectations on Wednesday. GSK also reduced its growth forecast for 2014 from as much as 8 percent to "basically similar" to 2013 and says it can't estimate what the financial impact could be from the China case.

10:18 a.m. today

CEO on the state of GSK: 'We're making significant progress'

Even with sales and profits declining sharply from a year ago, a cut in a growth forecast for this year and continuing legal issues resulting from a criminal investigation in China, GSK's chief executive officer Andrew Witty puts a positive spin on the state of the company in a video interview.

Top execs discuss GSK earnings, strategy Top execs discuss GSK earnings, strategy

7:55 a.m. today

Premium Lock Cary startup GoConnect crowdsources to develop real estate mobile app

The two founders of Cary startup GoConnect have never developed software. WRAL TechWire's Frank Vinluan offers our Insiders an exclusive look into how crowdsourcing shaped their new real estate mobile app.

GoConnect GoConnect

7:54 a.m. today

Premium Lock Reality bites: Microsoft still faces challenges in devices despite CEO-led changes

Inside Microsoft's earnings: A sweeping reorganization points Microsoft in the right direction, but obstacles in its PC and mobile businesses will remain through 2014, writes Jack Narcotta, an analyst with Technology Business Research.

The Surface The Surface

6:59 a.m. today

Microsoft CEO lays out rosy vision after earnings beat Street

Satya Nadella    Microsoft Corp. CEO Satya Nadella painted an upbeat vision of the future Tuesday, saying that the next version of Windows will be unified across screens of all sizes and that two money-losing units -- Nokia phones and Bing search -- would become profitable in 2016.

Tags: Microsoft
6:52 a.m. today

StubHub hacked; Viamet's new exec; LinkedIn's $175M buy; Cisco boosts Euro startups; 4K TVs boost LG

Bulldog In today's Bulldog wrapup of tech and life science news: StubHub is hacked; Viamet names chief development officer; LinkedIn makes an acquisition; Cisco takes entrepreneur program to Europe; and 4K TVs for World Cup boost LG.

6:22 a.m. today

Property exchanges for involuntarily relinquished land

Ward and Smith, P.A. TechLaw: Income taxes that would otherwise be incurred as a result of the involuntary conveyance or destruction of real property can be deferred to a later date by using the tax-free exchange of property provisions of the federal Internal Revenue Code.

Tags: TechLaw
Updated 7:06 a.m. today

Golden Apple: Tech giant posts biggest earnings gain in nearly 2 years

New iPhones          Apple's growth prospects are looking brighter as anticipation builds for the upcoming release of the next iPhone, a model that is expected to cater to consumers yearning for a bigger screen.

Tags: Apple
1:01 p.m. yesterday

Spectra Growth to add 250 IT jobs in Charlotte

IT jobs          A state committee that approves North Carolina's main tax break to attract businesses on Tuesday allowed Spectra Growth Inc. to save up to $3 million over 12 years if it meets job and investment projections.

Updated 12:24 p.m. yesterday

New York is first state to propose regulations on bitcoins

New York is the first state to propose issuing separate regulations for virtual currencies, demonstrating the importance regulators attach to the fledgling field. New York City is home to several startups dealing in bitcoin, the most popular virtual currency, and some Wall Street firms are edging into the field as well.

Bitcoins   Bitcoins

12:23 p.m. yesterday

Raleigh bitcoin event to discuss first proposed license regulations

New York became the first state to formally propose regulations for bitcoins and other virtual currencies last week. And organizers of the Cryptolina Bitcoin Expo that's set for Raleigh next month wasted no time in adding a panel to discuss what regulations might mean.

Cryptolina N.C. Cryptolina N.C.

10:47 a.m. yesterday

Comcast earns beat street; TW Cable deal progressing; Verizon earns soar

Comcast pursues Time Warner Cable Comcast on Tuesday beat Street estimates for earnings with high-speed Internet customer growth leading the way; meanwhile, Comcast updates Time Warner acquisition; in other news, Verizon earnings soar.

Updated 8:01 a.m. yesterday

Premium Lock Crowdfunding bill moves - again - as part of different legislation

NC JOBS Act The General Assembly's move toward authorizing crowdfunding in North Carolina took another twist on Monday. The bill is now part of a larger piece of legislation in the Senate where it's likely to be OK'd. But what happens next?

6:50 a.m. yesterday

Premium Lock Raleigh firm turns to scores of investors to drive female 'Viagra'

Drugs for women Sprout Pharmaceuticals has positioned its drug as the first female equivalent to Viagra. And the privately held firm has turned to scores of investors for financial help in driving the drug toward FDA approval.

6:39 a.m. yesterday

Apple's 80M big smartphone order; new GE jobs in N.C.; Netflix soars; Verizon FiOS upgrade; Yahoo buys apps firm

Bulldog In today's wrapup of technology news: Apple reportedly is ordering up to 80 million large-screen iPhones; GE adds jobs in Mebane; Netflix hits 50M subscribers; Verizon ups its FiOS service; and Yahoo buys apps firm Flurry.

Updated 3:45 p.m. Monday

Premium Lock Precision agriculture: Tech drives next big thing in farming

Farming continues to evolve, becoming even more high tech. The latest wave is called "precision agriculture," and it was the topic of the NC Ag Biotech Professional Forum at the NC Biotechnology Center, uses GPS guided, self-steering equipment, drones to monitor crops, precise, hyper-local weather reports, and the collection and analysis of data in real time for immediate action or strategic planning. WRAL TechWire Insider Allan Maurer has the exclusive details.

Precision agriculture research stations dot N.C. Precision agriculture research stations dot N.C.

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