Editor's Blog

The latest blog posts from our WRAL TechWire and WRAL editors.

Updated 57 minutes ago

American Underground doubles space at downtown Durham location

The operator of startup campuses in Durham and Raleigh (and owner of ExitEvent) reveals a plan to double the size of its space on Main Street in downtown Durham by January, making room for 50 additional companies and meeting a 2012 goal of housing 200 companies by 2015.

American Underground   American Underground

10:06 a.m. today

GSK seeks regulator approval for malaria vaccine

Fighting malaria The experimental shot is the most advanced candidate vaccine for malaria but results from previous trials have been disappointing. Research published in 2012 showed the shot only reduced malaria cases by about 30 percent in babies aged six to 12 weeks, the target age for immunization.

9:02 a.m. today

Premium Lock Lenovo's smart glasses partner is a CES-winner, costs $999

So what are the M100 Smart Glasses that Lenovo will soon begin selling in China through a new partnership with New York-based Vuzix? Here are some details.

The M100 smartglasses The M100 smartglasses

Updated 9:05 a.m. today

Lenovo launching 'smart glasses' in partnership with NY firm

Lenovo, which recently filed for patent coverage of a Google Glass-like device, is partnering with New York-based Vuzix Corporation to launch "smart glasses." The devices will be sold first in China.

Vuzix M100 smart glasses Vuzix M100 smart glasses

7:25 a.m. today

Premium Lock Compute this: IBM-USAA deal to ignite Watson commercialization

Analysis: IBM took a major step to commercialize its Watson cognitive computing technologies by teaming with USAA, a financial services provider for members of the U.S. military and their families. Stephen Belanger of Technology Business Research explains.

Watson   Watson

Updated 9:49 a.m. today

Tweet the news: Data confirms lack of diversity in Twitter work force

Women in business Twitter is acknowledging that it has been hiring too many white and Asian men to fill high-paying technology jobs, just like several other major companies in Silicon Valley. "We are keenly aware that Twitter is part of an industry that is marked by dramatic imbalances in diversity," a Twitter exec says.

Updated 7:01 a.m. today

AT&T execs defend strategy even as cheaper wireless plans cut profits

AT&T     AT&T posts lower net income for the latest quarter due to cheaper cellphone plans it introduced as a response to aggressive pricing from smaller competitor T-Mobile US. But AT&T execs defend their strategy.

Updated 6:58 a.m. today

Facebook investors like this news: Profits send stock toward new record

Earnings Facebook on Wednesday reported profit that more than doubled in its second quarter, and topped analysts' expectations. The company's shares climbed nearly 4 percent in extended trading after the results came out, signaling that they could hit a record high when the stock market opens on Thursday. Investors who bought -- and held on to -- Facebook stock during the company's initial public offering two years ago are now close to doubling their money.

Tags: Facebook
3:32 p.m. yesterday

Premium Lock Exclusive: Biotech Center doubles size of startup loans due to lack of private investment funding

Despite cuts in its own state funding, the North Carolina Biotechnology Center is doubling the size of loans it makes to early-stage life science companies. Why? Lack of private-sector capital, says Peter Ginsberg, the Center's vice president for business and technology development. WRAL TechWire Insiders can read the details in this exclusive interview.

N.C. Biotech Center  N.C. Biotech Center

2:24 p.m. yesterday

Help Gov. McCrory help startups, entrepreneurs: Take this survey

ExitEvent N.C. Governor Pat McCrory and the North Carolina Office of Science & Technology are looking for information to help efforts aimed at university commercialization. Entrepreneurs can help by taking a survey, says ExitEvent Editor Laura Baverman.

10:41 a.m. yesterday

Raleigh is 'best place' for business, careers, says Forbes

Raleigh vaults to No. 1 from No. 3 a year ago on the latest "Best Places for Business and Careers" report from Forbes magazine. The 16th annual survey cites lower business costs, the broad level of advanced education and the presence of tech hub RTP as key factors in Raleigh's success.

Downtown Raleigh Downtown Raleigh

10:18 a.m. yesterday

CEO on the state of GSK: 'We're making significant progress'

Even with sales and profits declining sharply from a year ago, a cut in a growth forecast for this year and continuing legal issues resulting from a criminal investigation in China, GSK's chief executive officer Andrew Witty puts a positive spin on the state of the company in a video interview.

Top execs discuss GSK earnings, strategy Top execs discuss GSK earnings, strategy

Updated 10:23 a.m. yesterday

GSK sales, earnings slump; shares drop 5%; growth forecast slashed

GSK's HQ in London       Drug giant GlaxoSmithKline, hurt in part by a 20 percent decline in sales in China where the company is under criminal investigation, reports revenues and earnings that missed analysts' expectations on Wednesday. GSK also reduced its growth forecast for 2014 from as much as 8 percent to "basically similar" to 2013 and says it can't estimate what the financial impact could be from the China case.

7:55 a.m. yesterday

Premium Lock Cary startup GoConnect crowdsources to develop real estate mobile app

The two founders of Cary startup GoConnect have never developed software. WRAL TechWire's Frank Vinluan offers our Insiders an exclusive look into how crowdsourcing shaped their new real estate mobile app.

GoConnect GoConnect

7:54 a.m. yesterday

Premium Lock Reality bites: Microsoft still faces challenges in devices despite CEO-led changes

Inside Microsoft's earnings: A sweeping reorganization points Microsoft in the right direction, but obstacles in its PC and mobile businesses will remain through 2014, writes Jack Narcotta, an analyst with Technology Business Research.

The Surface The Surface

6:59 a.m. yesterday

Microsoft CEO lays out rosy vision after earnings beat Street

Satya Nadella    Microsoft Corp. CEO Satya Nadella painted an upbeat vision of the future Tuesday, saying that the next version of Windows will be unified across screens of all sizes and that two money-losing units -- Nokia phones and Bing search -- would become profitable in 2016.

Tags: Microsoft
6:52 a.m. yesterday

StubHub hacked; Viamet's new exec; LinkedIn's $175M buy; Cisco boosts Euro startups; 4K TVs boost LG

Bulldog In today's Bulldog wrapup of tech and life science news: StubHub is hacked; Viamet names chief development officer; LinkedIn makes an acquisition; Cisco takes entrepreneur program to Europe; and 4K TVs for World Cup boost LG.

6:22 a.m. yesterday

Property exchanges for involuntarily relinquished land

Ward and Smith, P.A. TechLaw: Income taxes that would otherwise be incurred as a result of the involuntary conveyance or destruction of real property can be deferred to a later date by using the tax-free exchange of property provisions of the federal Internal Revenue Code.

Tags: TechLaw
Updated 7:06 a.m. yesterday

Golden Apple: Tech giant posts biggest earnings gain in nearly 2 years

New iPhones          Apple's growth prospects are looking brighter as anticipation builds for the upcoming release of the next iPhone, a model that is expected to cater to consumers yearning for a bigger screen.

Tags: Apple
1:01 p.m. Tuesday

Spectra Growth to add 250 IT jobs in Charlotte

IT jobs          A state committee that approves North Carolina's main tax break to attract businesses on Tuesday allowed Spectra Growth Inc. to save up to $3 million over 12 years if it meets job and investment projections.