Editor's Blog

Editor's Blog

The latest blog posts from our WRAL Tech Wire and WRAL editors.

23 minutes ago

Report touts potential of wind power for N.C.

A science panel advising Gov. Beverly Perdue on offshore energy development says oil and gas drilling is unlikely in waters within North Carolina's authority, but the coast has some of the best East Coast locations for wind power.

Green areas are possible offshore wind power lease sites Green areas are possible offshore wind power lease sites

Updated 44 minutes ago

Cisco CEO: 'Good progress but a long way to go ...'

In an earnings conference call, Cisco Chairman and Chief Executive Officer John Chambers says the company's rebound from some bad quarters is "still in the early stages."

John Chambers  John Chambers

9:34 a.m. today

Apple's new iPad to premier in early March, WSJ says

The iPad 2    What will it feature? "A device similar in form factor to the iPad 2, but running a much faster chip, sporting an improved graphics processing unit, and featuring a 2048×1536 Retina Display -- or something close to it," reports the All Things Digital blog.

Updated 9:17 a.m. today

UNC, Duke team up off the court in 'Game of Life'

Bitter rivals in basketball, the two universities collaborate on numerous educational, medical and research efforts to help make the world a better place. They are partners in the "Game of Life" tournament.

Duke, UNC are partners - off the court Duke, UNC are partners - off the court

7:20 a.m. today

Diagnostic labs in High Point to add up to 500 jobs

Solsta "High Point was a natural fit for our expansion," Solstas Chief Executive David Weavil says. "Simply put, the energy and experience of the medical workforce here is exceptional and meets our needs for a best-in-class organization."

Updated 7:36 a.m. today

Durham stem cell firm Aldagen sold for up to $40M

Regenerative medicine company Cytomedix has acquired the venture-capital backed company in a $16 million stock deal plus millions more in stock options. Aldagen investors include Intersouth and Aurora Funds.

A purified STEM cell A purified STEM cell

Updated 7:29 a.m. today

Good days are back at Cisco: Earnings rebound, hiring resumes

Cost-cutting has restored investor confidence in Cisco, and the company looks set to expand again. After shedding nearly 10,000 jobs last year, Cisco added a net 400 employees in the latest quarter. Chief Financial Officer Frank Calderone said the hires were mainly in the services arm, and were partly offset by the last layoffs of the restructuring program.

Tracking Cisco revenues Tracking Cisco revenues

Updated 8:25 a.m. today

Lenovo earnings soar 54%, revenues climb 44% to record $8.4B

The world's No. 2 PC maker is confident of closing in on the top spot in PC sales as it reported strong sales growth across all major markets even as it focuses more attention on the burgeoning smartphone and mobile Internet market. Analysts like what they see.

Tracking Lenovo's growth Tracking Lenovo's growth

1:44 p.m. yesterday

Siemens, GSK joint venture team for personalized diagnostic drug tests

DNA An HIV/AIDS treatment developed by GlaxoSmithKline is now being studied with Siemens to develop companion diagnostics that doctors can use to select patients appropriate for the treatment.

12:04 p.m. yesterday

Triangle Capital looks to raise $67M in stock offering

Venture update The Raleigh-based firm focuses on lower middle market companies, which the firm defines as companies with revenues between $10 million and $100 million and earnings between $3 and $20 million.

9:14 a.m. yesterday

Co-founder of CoLucid Pharmaceuticals in Durham dies

CoLucid Dr. James White, a long-time pharmaceutical executive, launched CoLucid in 2005 along with Art Pappas of Pappas Ventures in Durham.

8:58 a.m. yesterday

3-D virtualization could boost medical device development

two professors at the University of Minnesota have come up with a 3-D visualization device that aims to revolutionize how medical devices are designed and tested, thereby shortening R&D cycles and the costs associated.

3-D journey of the body 3-D journey of the body

8:42 a.m. yesterday

Telecom news: iPhone boosts Sprint; Nokia cutting jobs

Sprint Sprint's losses soar even as number of subscribers grows. Meanwhile, Nokia says it will cut 4,000 more jobs and quit manufacturing phones in Europe.

Updated 7:38 a.m. yesterday

Tale of two drug giants: GSK's pipeline full, AstraZeneca's dwindles

Analysis: While AstraZeneca cuts, GSK is putting itself in a position to discover, develop and position for approval of a wider array of potential drug candidates. It's a strategy that should pay off in the best of times, and the worst of times.

Drug research Drug research