The Skinny

The Skinny

WRAL TechWire Publisher and Editor Rick Smith dishes out tidbits from the local technology sector.

Updated 10:57 a.m. today

New wave of 'undisclosed investors' now powering NC tech startups

Venture Capital Scot Wingo, co-founder and CEO of ChannelAdvisor, and Andy Schwab, who runs the First Flight Venture Center, are part of a "new wave" of investors that are providing more financial firepower to North Carolina's entrepreneurial community. A new report says that these "undisclosed" investors provided 66 percent of funding in the first six months of this year.

8:23 a.m. today

IBMers react with anger, sarcasm at 10% pay cut

IBM Big Blue workers - some determined to be deficient in the latest skills and hit by a 10 percent pay cut - lit up the comments board at the website run by the union seeking to represent IBMers. They talked about the move as being "SCAMS" - a play off an IBM term for "Cloud, Analytics, Mobile, Security and Social."

Updated September 12

Google offers $100,000 to help startups reach the 'cloud'

Startups looking to maximize "cloud computing" to help grow and sustain their businesses just received a big boost through Google for Entrepreneurs. And the Triangle could be at the head of the crowd looking to cash in. One Durham entrepreneur certainly hopes so.

Google Entrepreneurs Google Entrepreneurs

September 12

NC high-tech job market stable; more openings expected this fall

The latest high-tech job openings report for North Carolina shows a slight gain in the daily average of vacant IT positions in August. But the better news is that the IT Job Trends report forecasts an expected improvement in hiring this fall.

August 2014 IT Job Trends August 2014 IT Job Trends

Updated September 12

You 'have to be tough' and other advice from Women in Power

Women in business A roundup of tweets from the Triangle Entrepreneurship Week's 2014 Women in Power panel on Thursday provides snapshots of advice for those aspiring to rise through the ranks of business - politics, too.

September 10

Premium Lock New CED communications exec targets 'galling' lack of coverage

Communications veteran Steve Hinkson certainly pulls no punches, and he brings a strong resume to the Council for Entrepreneurial Development's latest executive addition and an important one: Communications director. If startups need help building their business beyond the basics it's getting the word out about who they are, what they do, and why they are unique. So what makes Hinkson unique and the right man for the CED job? Find out in this WRAL TechWire Insider exclusive Q&A.

Steve Hinkson Steve Hinkson

Updated September 9

Premium Lock UNC-Wilmington, two Charlotte 'accelerators' land $50,000 federal grants

Innovation Most media attention and venture funding in North Carolina goes to tech and life science firms in the Triangle. But a new round of grants from the U.S. Small Business Administration shows the growing muscle of entrepreneurial communities in Wilmington and Charlotte.

Updated September 9

'Fury' at discrimination drives 'Innovating Women' book by Vivek Wadhwa

Former Triangle entrepreneur Vivek Wadhwa, a U.S. citizen born in India, has fought for gender and cultural equality in the technology industry, over the past two decades. He takes his battle to a new level today with the release of a new book, "Innovating Women." And his second book is already receiving critical praise. A humbled Wadhwa is thankful for the support he is receiving, but his 'fury" over discrimination remains.

September 4

'GigaThon' computer refurbishing to help spread net access in Triangle

One of the primary drivers for the North Carolina Next Generation Network is to make high-speed Internet access available to a wider community of users. On Friday, another step in broader access will be taken as 250 computers are refurbished for donation.

A student checks out a PC at Kramden's headquarters A student checks out a PC at Kramden's headquarters

Updated September 4

RTI study: Facebook's data center delivers huge impact to NC

Facebook's massive data center in western N.C. hasn't delivered thousands of jobs on site, but it has provided a substantial boost to the state's economy of $680 million. Some 4,700 jobs were created. So says RTI International in a new report.

Facebook's Building 1 in Western NC Facebook's Building 1 in Western NC

Updated September 4

Get the beat, electronic music style, at Tilt Music Festival in Bull City

I confess with pride that I'm a seasoned citizen - just turned 61, actually. But I still love rock 'n roll. However, EDM isn't on my iPod. Maybe that will change after the Tilt Music Festival and Tilt Expo starting tonight in Durham.

Tilt Music Festival Tilt Music Festival

Updated August 28

Premium Lock HP takes lead in sever market as IBM-Lenovo deal waits for approval

HP's Meg Whitman has been throwing around a lot of "FUD" - fear, uncertainty and doubt - about the Lenovo-IBM x86 server deal since it was announced. And guess who now leads in global server sales?

Global server market revenue share Global server market revenue share

Updated August 27

Premium Lock Rock this way: Gamers love EDM, so Tilt Music Festival goes electronic

From The White Panda to Ashes of a Martyr, electronic dance music bands are hitting the stages in Durham for three nights for the Tilt Music Festival next week. Gamers will be gathering for the TiltExpo and they told organizers they prefer EDM. So be ready to be rocked in downtown Durham.

Tilt Music Festival Tilt Music Festival

Updated August 26

Premium Lock Startup Factory's warning to Triangle: 'Bar keeps getting higher' for funding

Chris Heivly and Dave Neal of The Startup Factory accelerator have some advice for Triangle entrepreneurs hoping to land a spot there or raising money elsewhere: The competition is getting tougher and "everyone has to keep upping their game."

Chris Heivly, left, and partner Dave Neal Chris Heivly, left, and partner Dave Neal

August 21

Two Toasters celebrates Inc. 5000 by paying it forward: A fundraiser for Girls Who Code

There's no "ice bucket challenge" at the headquarters of mobile apps startup Two Toasters, but the team is cooking. Its rapid revenue growth earned the Durham startup a spot in the Inc. 5000, and the celebration is a fundraiser for Girls Who Code.

Girls Who Code Girls Who Code

August 21

Premium Lock Clinverse CEO: Pharma industry changes mean more business opportunities

Denis Connaghan, Clinverse's chief executive officer, has $9.1 million in new funding to exploit changes in the pharmaceutical business that mean more opportunities for his clinical trials technology firm. He also talks about the challenges he has faced in his first year on the job in an exclusive Q&A for WRAL TechWire Insiders.

Clinverse Clinverse

Updated August 21

Prediction: Failure to pass crowdfunding, other economic development bills will hurt N.C.

NC JOBS Act   North Carolina had a chance to establish itself as a leader in the emerging trend of crowdfunding for startup businesses. The state also could have had more money to invest in economic development. But the General Assembly failed to pass the bills. And don't be surprised if our state suffers.

August 20

Premium Lock Inside Inc. 5000: Two Toasters' mobile apps deliver 579% growth

Founded in 2008, Durham-based Two Toasters has turned an app development niche into a booming business. The bootstrapped startup ranks No. 787 on the latest Inc. 5000 list with revenue surging 579 percent over the past three years. In an exclusive Insider interview, CEO Rachit Shukla explains why Two Toasters is so hot.

An app built by Two Toasters An app built by Two Toasters

Updated August 20

Premium Lock Clinverse CEO: New venture funding to drive expansion, create new jobs

Denis Connaghan, Clinverse's chief executive officer for a year now, has wasted no time in putting his own stamp on the company. The clinical trials technology company has raised $9.1 million in new venture capital, landed a new high-profile investor, and will be gunning for more business as it aims for profitability in 2015. WRAL TechWire Insiders go inside the latest developments at Clinverse in an exclusive two-part Q&A.

Denis Connaghan Denis Connaghan

Updated August 20

Crowdfunding killed in NC; bill backer criticizes Senate strategy

NC JOBS Act   The tweet from WRAL's Capitol news team says it all for crowdfunding in North Carolina: "House votes to KILL H1224 47-54." The NC JOBS Act was part of House Bill 1224, which went down to defeat after some bitter debate. The vote failed despite last-second lobbying from Secretary of Commerce Sharon Decker.