Editor's Blog

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

August 13

Premium Lock Inside Cree: CFO hints new market push in earnings call

Cree reported record income for its last fiscal year on Tuesday and forecast future revenue that didn't quite match analysts' expectations. The news sent Cree shares down in after-hours trading. But in a conference call with analysts, Chief Financial Officer Mike McDevitt dropped a hint that Cree is eyeing another market for growth. So what's Cree thinking?

The new Bay Bridge span illuminated by Cree LEDs The new Bay Bridge span illuminated by Cree LEDs

Updated August 13

Premium Lock Mobile health startup Validic closes on $5M venture round

Validic, a Durham-based startup focused on linking medical devices, app developers and healthcare clients and is backed by Dallas billionaire Mark Cuban, has landed $5 million in new venture capital.

Validic's growing ecosystem Validic's growing ecosystem

Updated August 13

Premium Lock Cree earnings top Street; revenue, expectations miss; shares tumble 7%

Cree's $10 LED bulb      LED and chip manufacturer Cree reports earnings of 42 cents per share and revenue of $436 million for its most recent quarter plus annual revenues of $1.65 billion, which were up 19 percent.

Updated August 15

Premium Lock 'Startup Crawl' to kick off Innovate Raleigh Summit

Raleigh's growing skyline, Civic Center at right The annual Innovate Raleigh Summit is adding a new feature to this year's event: A walking tour of downtown hot spots for new and emerging businesses. The "Startup Crawl" is set for Sept. 9.

Updated August 12

Premium Lock Apple's not-so-diverse work force: Mostly male, mostly white

"Let me say up front: As CEO, I'm not satisfied with the numbers on this page," says Chief Executive Officer Tim Cook in a blog post. "They're not new to us, and we've been working hard for quite some time to improve them."

Apple's work force Apple's work force