Editor's Blog

The latest blog posts from our WRAL TechWire and WRAL editors. Read the latest articles…

7:23 a.m. yesterday

Report: Bob Ingram leaving as Valeant chair; drug firm's prices under fire

Valeant, which acquired two Raleigh-based drug firms last year, is blasted for its pricing strategies in a U.S. Senate hearing on Wednesday. Meanwhile, The Wall Street Journal reports that veteran Triangle life science executive Bob Ingram is going to give up his post as board chairman.

Valeant under fire Valeant under fire

6:50 a.m. yesterday

Pfizer will pay NC $45 million to settle Medicaid rebate shortfall

Pfizer A group of states including North Carolina settled with drug maker Pfizer on Wednesday to settle two lawsuits that alleged the company owed millions in rebates to Medicaid for heartburn and acid reflux medications.

6:46 a.m. yesterday

Triangle headlines: DuPont backs PrecisionHawk; new agbio fund; UNC-TV GM

Triangle headlines In today's wrapup of technology related news from around the Triangle: DuPont joins the investors backing PrecisionHawk; a new agbio investment fund is formed; and UNC-TV names a new leader.

3:01 p.m. Wednesday

Job hunting? 19 startups hiring in the Triangle

Help wanted      We're keeping an eye on cool career opportunities in the Triangle's startup community, and publishing them every so often on ExitEvent. Here's the latest monthly list of companies that need talent.

Updated 12:27 p.m. Wednesday

Premium Lock Former Sprout CEO Cindy Whitehead launches new venture

Cindy Whitehead, the former CEO of Raleigh-based Sprout Pharmaceuticals and sold it for $1 billion to Valeant then left the company, is launching a new company: "The Pink Ceiling."

The Pink Ceiling team The Pink Ceiling team

11:25 a.m. Wednesday

Yahoo board battle; Comcast earnings; Nintendo sinks; TWC deal conditions

Bulldog In today's Bulldog wrapup of technology news: Yahoo adds four board members in investor battle; Comcast beats Street; Nintendo losses grow; TWC's merger OK'd with conditions.

Updated 11:31 a.m. Wednesday

'Ecouraging start:' GSK sees rise in sales of vaccines, healthcare products

Pharmaceutical company GlaxoSmithKline says higher sales of vaccines and consumer healthcare products pushed up its earnings from core business by 19 percent in the first quarter. CEO Andrew Witty sees the results as an "encouraging start" for the year.

Updated 11:49 a.m. Wednesday

Full Steam Ahead Awards salutes NC's entrepreneurs

At Tuesday's Full Steam Ahead Awards presented by WRAL Tech Wire at Motorco in Durham, 12 entrepreneurial companies were recognized with the customary conductor's hat and train whistle as leaders in their category. Another five individuals were recognized for their careers of service.

The Reward Stock team The Reward Stock team

7:36 a.m. Wednesday

Worst over for Cree? Earnings report gives boost to stock

A new Cree street light fixture  Is the worst over for Cree? The Durham-based LED firm's latest earnings report Tuesday beat the Street and a revenue forecast was largely in line with expectations. The result: A small boost in share price during after-hours trading.

Tags: Cree
Updated 7:17 a.m. Wednesday

Premium Lock Inside Twitter: Live event coverage offering hope for future

Twitter Analysis: Twitter reports slight growth in users, but the social media firm's embrace of live events - including the NFL - offer hope for the future, says an analyst who researches the company.

Updated 7:19 a.m. Wednesday

Premium Lock Inside Apple: First revenue decline since 2003 reflects a problem - people love, keeping iPhones

iPhones          Analysis: Apple's latest earnings report shows a big obstacle for the tech giant. Year-over-year revenue declined for the first time since 2003 and a reason is: People love their iPhones. So what's Apple to do? Technology Business Research analyst Jack Narcotta offers his in-depth analysis.

6:52 a.m. Wednesday

Premium Lock Inside AT&T: Revamping mobility strategies key to growth

AT&T                   Analysis: AT&T is revamping its mobility strategies to improve organic revenue growth, writes Steve Vachon, an analyst with Technology Business Research. The communications giant reported its latest earnings on Tuesday, and Vachon offers in-depth analysis.

1:55 p.m. Tuesday

Generic drug maker to open R&D hub, create 275 jobs in Durham

Jobs        Aurobindo Pharma USA Inc. plans to invest $31.7 million in the operation, which will serve as the company's national headquarters for specialty pharmaceutical R&D.

1:00 p.m. Tuesday

NC Biotechnology Center awards $2.5M in latest round of grants, loans

Grants ​The North Carolina Biotechnology Center awarded 21 grants and loans totaling $2.5 million to companies, universities and nonprofit organizations across the state during the third quarter of its 2015-2016 fiscal year ending March 31.

11:21 a.m. Tuesday

Premium Lock Organic Transit powers its way to $2.5M in mix of financing

Organic Transit, the Durham-based startup focusing on the "ELF" vehicle, is continuing to raise funding through a mixture of equity, dept and options, according to an SEC filing.

The ELF car The ELF car

Updated 11:22 a.m. Tuesday

Premium Lock Windsor Circle raises $4.1M in new venture round

Windsor Circle, the Durham startup whose CEO loves to wear green pants as a marketing ploy, has plenty more "green" around. The company has raised new venture funding, according to a securities filing.

Windsor Circle's team goes green - and looks for dough Windsor Circle's team goes green - and looks for dough

10:15 a.m. Tuesday

Premium Lock NVCA: Business tax reform should focus on strengthening startup creation

Taxes "As lawmakers explore ways to reform the tax code, we would encourage them to not lose sight of startups and how the tax code can be reformed to encourage more entrepreneurial activity," says the head of the National Venture Capital Association.

7:36 a.m. Tuesday

Premium Lock Study: Sharing economy taking bigger bites of hotel, transport markets

New data shows that the sharing economy is continuing to have a bigger impact on traditional industries such as hotels and transportation. In fact, revenues in those two segments - led by Airbnb and Uber - are forecast to more than double over the next five years.

Airbnb's webpage Airbnb's webpage

7:06 a.m. Tuesday

As NC mulls a bill, a look at five myths of investment crowdfunding

Crowdfunding  As a new session of the North Carolina General Assembly opens, supporters of crowdfunding legislation in the state are hoping a bill will win passage. In the first of two blog posts, Benji Jones of the Smith Anderson law firm notes that crowdfunding is a hot investment area. But there are issues that need to be explored.

Updated 7:11 a.m. Tuesday

Premium Lock Learning startup lessons from another Carolina coast ecosystem

Heading to the Dig South Conference, Jim Roberts, who is the founder of the Network for Entrepreneurs and Wilmington Angels for Local Entrepreneurs, is looking to gain insight into what's happening in Charleston, S.C.