WRAL TechWire Publisher and Editor Rick Smith dishes out tidbits from the local technology sector.
The venture capital industry's biggest canary-in-the-coal-mine indicator - the confidence level of Silicon Valley venture capitalists - has set off another alarm. VC confidence is down to its lowest level in two years. Why? Our Insiders get the answers.
An internal IBM video leaked to news website MacRumors contains footage of Big Blue's Chief Information Officer Jeff Smith saying that the tech giant could buy up to 200,000 Macs annually for employees. What do they use now? Lenovo ThinkPads.
Data from two reports clearly demonstrate why Lenovo Chair Yang Yuanqing shuffled leadership in the company's smartphone business: Shipments of Lenovo and Lenovo Motorola smartphones plummeted in the second quarter.
You won't need to buy a 70-inch TV to enjoy the latest in big-screen entertainment if augmented reality through wearable computers such as Google Glass and virtual reality headsets deliver on the promise of the immersive technology, says Epic Games founder and CEO Tim Sweeney. And when this tech guru talks, you would be smart to listen.
Reveal Mobile turned itself inside out with a "pivot" to move the Raleigh startup in a new direction in April. And investors have rallied to the cause, pouring $750,000 into the company in an oversubscribed round. A top priority for use of the funding is hiring additional staff.
For a host of reasons, the Bull City is a place so-called "creatives" want to live, says a new survey from financial management firm SmartAsset. Yes, Durham has become a hot high-tech startup hub. But the website notes entertainment and the arts are helping transform the city, too.
In a new court brief, Internet providers including AT&T, CenturyLink and several trade groups are refusing to give up their fight against Internet regulation as a utility that the FCC imposed earlier this year. AT&T made concessions to FCC demands to win approval for its DirecTV buy, but the brief shows lingering concern about what the FCC is doing.
Some local media are trumpeting Lenovo's growing market share in the global tablet market. Don't be mislead. Lenovo is in trouble just like Apple, Samsung and others. In fact, Lenovo sales are down sharply from just six months ago despite all the hype surrounding Ashton Kutcher.
In a conference call, GlaxoSmithKline's top executive is asked if he would consider "pairing up" with another drug company. Back in May, an analyst started talk of a "PfizerKline" merger. GSK's CEO Andrew Witty notes a merger would be a "big issue to cross."
As many as 200 former GlaxoSmithKline employees who were transferred to life science services firm Parexel earlier this year are reportedly being laid off today. However, the Boston-based company which has a large presence in the Triangle, isn't talking.
Layoffs have recently hit several large high-tech firms in the Triangle with Qualcomm becoming the latest to announce job cuts on Wednesday. Now a new survey finds optimism among the Triangle's booming startup community is cooling with more firms planning job cuts and less hiring.
Raleigh-based Expion, a five-year-old social marketing firm with a high-profile list of clients and offices in the U.K. as well as China, has been acquired by San Francisco-based Sysomos. In an exclusive interview, Expion founder and CEO Peter Heffring discusses the deal.
Reports continue to trickle out that IBM continues to cut jobs in the Research Triangle, but Big Blue seldom if ever talks publicly about cuts. However, in a conference call Monday to discuss IBM's 13th straight quarter of losing revenue, its CFO conceded that "workforce rebalancing" continues.
Money talks in Washington, D.C., and technology giants keep spreading around the cash as it lobbies for everything from tax breaks to more business. AT&T stepped up its lobbying, for example, as it continues to try to win approval for its DirecTV deal. But the communications giant has plenty of company when it comes to investing in D.C.
Q2 Solutions, the new life science services subsidiary launched by Quintiles and Quest Diagnostics, has a familiar face leading it as CEO: Costa Panagos, who has worked at Quintiles for the past 15 years. So why give up corporate security to take the new job? How does he feel about it? And what does Q2 offer in terms of improving healthcare? WTW Insiders get the exclusive details.
Quintiles' new joint venture with Quest formally launched Thursday with a work force of some 2,000 people. But will there be layoffs due to any overlap in job functions? Might there also be new jobs created? Let's take a look.
Chris Heivly and Dave Neal are taking the first step in expanding The Startup Factory accelerator across North Carolina with a "boot camp" in Winston-Salem. In a Q&A with WTW, Heivly talks about the expanded mission and how TSF hopes to make money. Plus, he says, TSF is not taking its eyes off the ball of its primary mission.
North Carolina employers will add 105,000 jobs this year, with most of those coming in the Triangle and other metro areas, and the state's unemployment rate will drop to 5.5 percent, says N.C. State economist Dr. Michael Walden in a new analysis.
When does legend become fact? In the case of Lenovo and its founder Liu Chuanzhi, the fact is the company and Liu are bona fide entrepreneurial success stories dating back to humble beginnings in 1984. A big IPO for Lenovo's parent adds to a remarkable legacy. And Liu shares some advice for others to emulate.
The late Neal Page, Ryan Allis, Jud Bowman, Bob Young and their companies (Inlet, Broadwick, Motricity, Red Hat) were branded among the original "disruptors" by Business 2.0 magazine in 2007. WTW takes a look back at them in light of Cisco's new "Digital Vortex" report on the latest "disruptor" trend.