WRAL TechWire Publisher and Editor Rick Smith dishes out tidbits from the local technology sector.
After years of lobbying now, Triangle residents and leaders may get their wish next week: Google Fiber. A "save the date" notice sent out by Google's Triangle media representatives promises news of some sort next week.
So you decide to try Uber or Lyft as an alternative to taxi or mass transit or a limo. Just who are these independent contractors that you are relying on for a safe, affordable trip? A new survey profiles Uber's drivers - who they are and why they drive for Uber. You'll find the results interesting.
Corporate suits never know what questions a Wall Street analyst will ask when discussing earnings. These guys are Randy Johnsons, not AAA journalists. Such was the case Tuesday evening when Cree's chair and CEO sat down for his give-and-take with men and women looking for any insight into the company's future. And as the call ended, he got a curve ball. Did he hit it out of the park?
All the buzz about the Internet of Things is helping drive it as a trend among developers across the Triangle - and the state, for that matter. Just what is driving potentially the Internet's next big wave will be on full display at an NC RIoT event tonight in Durham.
The news that taxi drivers in Boston have filed a suit in federal court against ride sharing services Uber and Lyft is the latest sign of a growing rebellion against the so-called "shared economy." The growing backlash triggers this prospect: The shared economy could be the next "dot com" bust. Remember Aereo?
The McCrory administration put together an all-star list of leaders in venture funding, technology and university R&D to form its "Moving Forward on the Innovation Triangle" plan. And the proposal outlined by Gov. Pat McCrory on Friday shows considerable promise, obviously reflecting the talent on the panel. Unlike what has happened so far with crowdfunding legislation (stymied by in-fighting at the General Assembly), let's hope this proposal finds legislative support - and especially the needed funding. But this really is a state-wide plan and should be promoted as such.
Bull City Venture Partners co-founder David Jones sees lots of good news in the latest venture capital statistics. He also likes the promise of 2015. Bull City focuses on startups but demonstrated its power locally and nationally by putting on a venture event earlier this week that drew some 300 people but, most importantly, significant venture investors from across the U.S. So what does Jones have to say about the latest VC trends?
Three venture capital reports out this week include good news for startups and investors in the Triangle and North Carolina. WRAL TechWire reached out to some key players for their reaction. One of the most active angel investors around, Mark Easley, likes what he sees but wants more.
The latest venture capital statistics out this week in three major reports include good news for startups in North Carolina, especially in the Triangle where most of the deals were made as usual in 2014. WRAL TechWire reached out to some of the players on both sides of the game to gauge their reaction. Startup CEO Matt Williamson of Windsor Circle, which raised more than $5 million, is excited by the news. He goes one-on-one with The Skinny.
North Carolina's venture capital business receives mixed news in the latest Dow Jones VentureSource survey. The number of deals and the amount invested fell from 2013 levels but a surge in the dollars-per-deal reflects a national trend.
The first of three major venture capital industry reports is out - and there's some good news for North Carolina. Funding is up and the state ranks in the top 10 for venture-capital-backed exits and fourth in IPOs. But the state remains outside the top 10 in VC deals at 12th, according to CB Insights, a venture industry tracker. Our Insiders get the details.
Facing a growing threat from China-based startup Xiaomi, which is valued at a whopping $45 billion, Lenovo's chairman and CEO says he is considering spinning off a new unit that is focused on selling mobile and Internet-connected devices.
New statistics show that Lenovo is selling more PCs than ever and its global market share is growing. It's also closing in on Apple for the No. 3 spot in U.S. sales. But former No. 1 HP is surging, with a global growth rate twice that of Lenovo.
Siu Tong, a former aerospace engineer at GE, has now built and sold one company, founded another and stepped away as its CEO, and on Tuesday unveiled his latest startup. But not only did Tong publicly launch SmartLink Mobile, he also disclosed the new venture had raised $2.5 million from angel investors. In an exclusive Q&A, Tong talks with WRAL TechWire about his new venture, the pitch he made, and more.
SmartLink, which aims to help doctors cash in on a new revenue opportunity called Chronic Care Management, is off to a fast start. Founded by veteran entrepreneur Siu Tong, the company has developed technology designed to link physicians and doctors as well as providers. Physicians that do so can receive $40 per month per patient through Medicare.
An internal memo from Chair and CEO Ginny Rometty outlines a big shakeup in how IBM is structured, and various reports add other details. "Our industry is rapidly re-ordering," Rometty told IBMers in a memo, and so is Big Blue as she remakes the company in her image for the future.
Red Hat threw analysts a curve ball when announcing earnings last month, disclosing in a conference call that long-time chief financial officer Charlie Peters was retiring. Their comments reflect respect on the Street for what Peters has helped the Hatters accomplish. So what did they have to say?
Scot Wingo not only runs ChannelAdvisor, which he took public, but also actively invests in startups. He hopes to help other entrepreneurs succeed as he has. But his latest move means offering even more formal advice . Wingo is the latest board member at South Carolina-based ZVerse.
Lenovo in recent years has turned the International Consumer Electronics Show in Las Vegas into one big party - from award-winning products to champagne-laced kickoffs. But today rain fell in the form of news that Lenovo is offering buyouts to veteran employees. While execs celebrate in Vegas, workers are mulling whether to take the money of a buyout and run or face the possibility of being laid off.
Lenovo, its work force swollen by several thousand employees after two major acquisitions in 2014, is offering buyouts to veteran workers. The world's No. 1 PC manufacturer says the offers are voluntary and includes several business units.