TECHWIRE 30
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(NY: IBM)  145.94  down arrow-1.13  (-0.77 %)  Updated: 08:04 PM EDT, Apr 29 2016
3:36 p.m. yesterday

Bob Ingram renominated for troubled Valeant board

Valeant    Bob Ingram, a longtime Triangle pharmaceutical executive and investor, has been renominated to the board of directors at troubled Valeant Pharmaceuticals. He will be replaced as chairman by incoming CEO Joe Papa.

Updated 2:28 p.m. yesterday

Premium Lock IBM: We now offer secure blockchain development in the cloud

IBM is aiming to help developers embrace blockchain technology for apps and use in digital currency such as bitcoin with a new cloud-based service it says offers a secure development environment. Plus: Read IBM's definition of blockchain.

Latest for Insiders

1:18 p.m. yesterday

BASF cutting up to 190 jobs in RTP; most are scientists

BASF is slashing the size of its plant biotechnology unit in half, and more layoffs than expected earlier will hit the BASF operation in Research Triangle Park.

Inside BASF's RTP facility. Inside BASF's RTP facility.

Updated 10:46 a.m. yesterday

Premium Lock TiVo, which bought Durham's Digitalsmiths in 2014, is being sold

TiVo Digital TV listing company Rovi is buying TiVo in a cash-and-stock deal valued at about $1.1 billion. And the deal has impact on the triangle since TiVo bought Durham-based Digitalsmiths in 2014. A TiVo spokesman tells The Triangle Business Journal the deal means "potential greater opportunity" for the Triangle operation.

Tags: Internet
Updated 8:20 a.m. yesterday

Premium Lock IoT knowledge demand leads to a sold-out developers day

NC RIoT, the regional organization focused on making the Internet of Things a reality, recently put on a full-day conference to help educate those wanting to learn more about IoT's potential. The result was a sold-out developers day with attendees from as far away as Atlanta. Two of the organizers recap all the intellectual exchanges.

NC RIoT dev day packs IBM facility in RTP NC RIoT dev day packs IBM facility in RTP

7:09 a.m. yesterday

Premium Lock CEO: 'Hunter and farmer' approach paying off for SciQuest

eProcurement services firm SciQuest beat the Street in earnings and revenues for the first quarter - and expects a bullish year. Among the reasons: A "hunter and farmer" sales approach implemented for its sales force, CEO Stephen Wiehe tells Wall Street analysts.

Stephen Wiehe claps after SciQuest's return to Nasdaq in 2011 Stephen Wiehe claps after SciQuest's return to Nasdaq in 2011

Updated 1:15 p.m. yesterday

RTP headlines: AgBiome opens new facility; NC leads in grid storage; PRA beats Street; MaxPoint reverse split

Triangle headlines In our latest wrapup of Triangle headlines: AgBiome moves into new headquarters in RTP; a North Carolina utility takes the lead in power grid storage; PRA Health Sciences earnings tops analysts expectations; and MaxPoint pulls off a reverse merger.

Updated 6:15 a.m. yesterday

Premium Lock Executive Q&A: Practichem CEO talks new funding, hiring plans, benefits of relocating to Triangle

Practichem, a biotechnology instrumentation and software startup based in Raleigh, is a company you may not have heard much about. Until Thursday. Landing $5 million in funding is generating buzz. In an exclusive Q&A, its founder and CEO talks about plans for the funding, hiring, sales, new products, and the benefits of moving to Raleigh from Wisconsin.

Nick DeMarco Nick DeMarco

8:17 a.m. yesterday

As Prime Now in Raleigh shows, Amazon looks to expand deliveries globally

Raleigh came up in discussion of Amazon's rapidly growing Prime Now delivery services during a conference call Thursday about the ecommerce giant's latest earnings. Two top execs reaffirmed Amazon's commitment to grow the service.

Updated 8:33 a.m. yesterday

Premium Lock SAS: IoT, machine learning are transforming utilities

Power grid A new white paper from SAS reports that the Internet of Things and machine learning are transforming the nation's utilities industry as they seek to build an ever-smarter grid for services delivery.

6:26 a.m. yesterday

Premium Lock Inside Amazon's cloud: It's sunny even as competition intensifies

AWS Analysis: Amazon Web Services' 1Q16 results suggest another strong year of performance lies ahead, with a continued focus on database products and global expansion, says Technology Business Research analyst Molly Gallaher Boddy.

Updated 6:06 a.m. yesterday

Startup pitches, David Price highlight First Flight Venture Center event

One of the most significant incubators of small businesses in North Carolina is celebrating National Small Business Week with a visit from its district's Congressman -- and hopefully, from you. Plus, there will be pitches by startups hoping to attract interest from investors.

First Flight Venture Center First Flight Venture Center

9:29 a.m. Thursday

Premium Lock Why founders keep control - The Zuckerberg strategy for Facebook

Facebook founder, chair and CEO Mark Zuckerberg lays out his vision for the social media giant's future - one that he largely controls through how he has structured the company and its stock. Other founders can draw some wisdom from Zuckerberg's strategy from comments he made to Wall Street analysts on Wednesday.

The Zuckerberg family  The Zuckerberg family

Updated 9:06 a.m. Thursday

Premium Lock Biotech instrumentation startup Practichem lands $5M

Practichem, a biotechnology instrumentation and software startup based in Raleigh, raises $5 million from investors. The company plans to expand its staff in multiple areas as a result.

The Arista Slice The Arista Slice

Updated 6:04 a.m. yesterday

Apple's medical apps; Sanofi offers $9B for SF firm; Comcast-DreamWorks deal; FTC hits Amazon

Bulldog Bulletin In today's Bulldog wrapup of technology and life science news: Apple unveils medical apps for iPhones; Sanofi badly wants to buy a San Francisco pharmaceutical firm; Comcast is buying DreamWorks; and the FTC wins court case over in-apps purchases made by children through Amazon.

8:39 a.m. Thursday

Premium Lock Lenovo falls from top 5 among global smartphone vendors

Lenovo   A reorganization and job cuts in its smartphone business are apparently not producing quick dividends for Lenovo. The latest statistics from research firm IDC show that Lenovo has fallen out of the top five among global manufacturers.

Updated 7:53 a.m. Thursday

Premium Lock Benefits of failure, how to win investors, other wisdom from Dig South

"Your code does not lead to hugs," the failure of today is the experience that leads to success tomorrow and other great startup advice at Dig South as reported exclusive for WRAL TechWire by veteran entrepreneur Jim Roberts.

Updated 12:27 p.m. Wednesday

Premium Lock Former Sprout CEO Cindy Whitehead launches new venture

Cindy Whitehead, the former CEO of Raleigh-based Sprout Pharmaceuticals and sold it for $1 billion to Valeant then left the company, is launching a new company: "The Pink Ceiling."

The Pink Ceiling team The Pink Ceiling team

6:50 a.m. Thursday

Pfizer will pay NC $45 million to settle Medicaid rebate shortfall

Pfizer A group of states including North Carolina settled with drug maker Pfizer on Wednesday to settle two lawsuits that alleged the company owed millions in rebates to Medicaid for heartburn and acid reflux medications.

Updated 11:49 a.m. Wednesday

Full Steam Ahead Awards salutes NC's entrepreneurs

At Tuesday's Full Steam Ahead Awards presented by WRAL Tech Wire at Motorco in Durham, 12 entrepreneurial companies were recognized with the customary conductor's hat and train whistle as leaders in their category. Another five individuals were recognized for their careers of service.

The Reward Stock team The Reward Stock team

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