WRAL TechWire Publisher and Editor Rick Smith dishes out tidbits from the local technology sector. Read the latest articles…
Lenovo confirms that it is cutting jobs in its x86 server business with 235 people being told Monday they were being laid off. Of those, 155 are based in the Triangle, a company spokesperson says. Lenovo only cut jobs in the U.S. Some contractors also were let go.
Lenovo will begin laying off workers at its server business in Research Triangle Park today, according to sources within the company. Lenovo won't talk about what's happening, but workers say employees were told last week that those being let go would be told Monday.
Drug giant GlaxoSmithKline is teaming up with the University of North Carolina at Chapel Hill in an attempt to find a cure for AIDS. The two will form a new company called Qura Therapeutics and will launch an "HIV Cure Center" in Chapel Hill. GSK is committing $20 million over the next five years to fund the project.
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. The company also continues to raise money as a new SEC filing shows.
Mike Capps, the long-time president of Cary-based Epic Games who stepped down three years ago, is getting back in the game business. He's signing on as an advisor to Unity Technologies, which happens to have its own game engine. So does Epic: Unreal, one of the industry's most popular. So what's he going to do exactly?
Lenovo, the world's No. 1 PC manufacturer, is wearing another technical black eye this week after the disclosure of a serious security risk discovered by an outside research firm. It's the second time in recent months that Lenovo has taken a blow to its reputation.
Tom Pike, the CEO of Quintiles, must like to build with Legos or play with puzzles because he certainly is disclosing details about the giant's forthcoming joint venture with Quest one piece at a time. Here are a couple of recent samples for our Insiders.
As AT&T's "GigaPower" Internet service for consumers spreads across the Triangle, the telecommunications giant is now rolling out high-speed service targeting businesses. The Triangle "Business Fiber" rollout pits AT&T head-to-head with Frontier Communications in Durham County.
AT&T and communications industry trade groups are asking the FCC to "stay" some of its recent decision to regulate Internet services. The "stay" request does not ask for a delay of fast lanes or throttling. But the providers are seeking relief from some of the ruling. Friday's request follows a lawsuit filed in April.
Brian Handly, the veteran entrepreneur and CEO of recently renamed Reveal in Raleigh, will be making an in-person pitch to AOL founder Steve Case next week in Raleigh. Handly hopes to land $100,000 for the former StepLeader after its pivot in a new direction. Why make the pitch? Plus, Handly discusses more details about the pivot, financing and his team in the second part of WTW's Insider Q&A.
Lenovo is celebrating the 10th anniversary of its IBM PC business sale this week across the Triangle. The company once known as Legend when launched in China has turned that deal into the world's No. 1 PC manufacturer. But reports also show that Lenovo can celebrate growth in two other markets: Tablets and smartphones.
A new company (Reveal) built around the remains of an old (StepLeader) will be pitching AOL Founder Steve Case for a possible $100,000 investment next week. WRAL TechWire discusses the "pivot" that turned StepLeader into a new company with a new mission, $1 million in new funding - and it's looking for more.
Readers' comments to WRAL TechWire's report about Uber's growing success and hiring in North Carolina certainly ignited debate on both sides of the "shared economy" debate. Here's what they had to say.
So a WRAL TechWire follower on Facebook blasts us for coverage of Uber news this week that it has hired thousands of drivers and is looking to hire many more. Well, here's a response: Read WTW in depth before making unfounded claims of bias.
Even the most casual inspector of the Triangle entrepreneurial startup scene can find examples of growth and new jobs all across the Triangle. The Tech Jobs Under the Big Top event next week will draw hundreds of people where tech firms small to IBM are hiring. Uber is hiring. And a new survey from NCSU says many startups are planning to boost hiring in the near future.
IBM and a growing list of other technology firms in the Triangle will be pitching themselves as a place to work to potential recruits during the "Tech Jobs Under the Big Top" so-called reverse job fair next week. Organizer Chris Heivly is expecting a record crowd at a new venue - a real tent this time.
A crucial deadline for bills to advance in the General Assembly known as the "crossover" is at hand, but "crowdfunding" is "immune," says WRAL's Mark Binker. But that's no guarantee ia bill will pass. Same for economic incentives legislation.
Several of the best and the brightest in the Triangle and Wilmington tech industry took home engineer caps after hearing a lot of cheers from the crowd gathered at the Motorco for the third Full Steam Ahead Awards from WRAL TechWire. The theme: "Rise of the Best - not the Rest."
Unbelievable! The new World Video Game Hall of Fame won't include classics "Unreal Tournament" and "Gears of War" from Cary-based Epic Games. That's really an oversight, given the impact both games and Epic as a company have had on the industry.
Raleigh-born Groundfloor, a startup focused on crowdfunding for real estate investing, will be pitching Steve Case for a $100,000 investment in Atlanta next week when Case's "Rise of the Rest" tour visits Atlanta.