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