The Skinny

The Skinny

WRAL TechWire Publisher and Editor Rick Smith dishes out tidbits from the local technology sector. Read the latest articles…

August 14

Windsor Circle's CEO's advice on raising VC: 'Stay hungry'

Windsor Circle's Matt Williamson and his team are showing other entrepreneurs how to grow a successful business and - in these days of tight capital at least locally - the way to land venture capital. Williamson shares his three secrets for raising VC.

Matt Williamson Matt Williamson

Updated August 13

Premium Lock Report shows growing importance of crowdfunding as driver for future VC funding

money image A new report from CB Insights, which tracks the venture capital industry, documents for the first time the importance of crowdfunding to startups not only for initial capital but also as a way to ignite interest from institutional investors. But in N.C., there's a problem: The state has yet to approve crowdfunding legislation.

Updated August 12

Premium Lock Preview of what's coming to RTP: AT&T ramps to 'gigapower' in Austin

AT&T is in the process of engineering its ultrafast Internet footprint in the Triangle as part of the North Carolina Next Generation Network initiative, and a preview of what's coming began Monday in Texas. Customers in Austin can now get access to gigabit Internet in some areas. Here's a look at what AT&T is offering and what competitors are doing.

AT&T touts its GigaPower    AT&T touts its GigaPower

August 12

Premium Lock Internet speedometer report shows N.C. is s-l-o-w

How fast - or slow, depending on your point of view - is overall Internet access in North Carolina? How about slower than in South Carolina, Tennessee, Georgia and especially Virginia? In fact, the tar Heel state ranks 30th, according to a new report. The data shows new fiber networks can't be deployed quickly enough to satisfy net users thirsting for speed.

Caution is out  - yellow - for Internet speed in N.C. Caution is out - yellow - for Internet speed in N.C.

August 4

Premium Lock Crowdfunding bill on ropes but backers refuse to give up

The N.C. House and Senate meet again this week to try to wrap up businesses, and a bill that contains crowdfunding as well as economic development legislation remains in limbo. Backers are calling for crowdfunding to be voted on separately by the Senate but it's "hard to say" if the politicians will go along.

Economic development Economic development

Updated August 1

Premium Lock VC attorney: Crowdfunding will boost growth - but don't expect 'economic miracle'

Raleigh attorney Jim Verdonik, one of the most experienced and outspoken experts when it comes to the ins-and-outs of startup and emerging company financing, says a crowdfunding bill that could pass at any time in the General Assembly is good news. But don't expect miracles. Plus, he notes, the SEC has yet to implement federal legislation known as the JOBS Act. He calls the delay a "disgrace."

Sample of a GroundFloor real estate deal Sample of a GroundFloor real estate deal

Updated August 1

Premium Lock Crowdfunding stays alive in revised Senate bill, but ...

NC JOBS Act   NC JOBS Act calling for crowdfunding is included in a big bill the Senate in the early hours of Friday. Next step is a vote in the House where the bill was hit by a barrage of criticism earlier this week.

July 31

Premium Lock Meet the 'born multi-tasker' bringing Startup Grind to Raleigh

The latest program in several geared to helping entrepreneurs launch and grow businesses in the Triangle is Startup Grind. The global group, backed by Google for Entrepreneurs, is launching a Raleigh chapter led by local entrepreneur Dannielle Williams-Prades. And she is bringing a lot of energy to the job, as she explains in an exclusive Q&A with WRAL TechWire.

Startup Grind's Dannielle Williams-Prades Startup Grind's Dannielle Williams-Prades

Updated July 30

Premium Lock House won't 'concur' on bill with crowdfunding, but ...

NC JOBS Act   The N.C. House won't "concur" with a big Senate bill that includes crowdfunding and economic development legislation. But that doesn't mean crowdfunding is dead, says WRAL's Capitol Bureau chief.

July 29

Premium Lock Lenovo dials up global smartphone share in record quarter

Even before its $2.9 billion for Motorola Mobility closes, Lenovo continues to show growth in smartphone sales. The latest report from research firm IDC shows Lenovo shipped a record number of phones in the second quarter and drove up its market share. However ...

Lenovo (yellow) grows smartphone sales but still trails leaders in big way Lenovo (yellow) grows smartphone sales but still trails leaders in big way

Updated July 29

Premium Lock Offering a stipend to startups, Groundwork Labs demonstrates its own growth

Among all the efforts focusing on boosting startups in the Triangle these days, Groundwork Labs is unique. It's free. And now the program, which is funded by economic development group NC IDEA, is reaching beyond the Triangle to help startups by the offering of a housing stipend. John Austin, director of Groundworks, talks about the new program, how Groundworks is different, and the success it has had so far in helping grow new businesses from the ground up.

The Groundwork Labs system The Groundwork Labs system

Updated July 29

Premium Lock Report: Motorola Mobility sales surging ahead of Lenovo deal close

Is Lenovo acquiring Motorola Mobility at just the right time? Technology news site The Information reports that the Google smartphone division Lenovo is hoping to acquire for $2.9 billion is in the midst of a sales boom. So is Lenovo about to strike gold again as it did when it bought IBM's PC division almost a decade ago?

Lenovo touts Motorola's heritage Lenovo touts Motorola's heritage

Updated July 25

Premium Lock Wedding bell blues? Not at Raleigh startup WedPics

Remember that big hit "Wedding Bell Blues" from the 5th Dimension Well, there's no such thing at Raleigh-based WedPics, which is cashing in to the tune of 30,000 brides a month and 5,000-plus weddings a weekend for a growing menu of services that enable brides, grooms, families, guests and the world to see those wedding days - in a growing number of ways.

WedPics' growing number of services WedPics' growing number of services

Updated July 25

Premium Lock Lenovo catches Internet of Things fever - is it good idea?

The virus sweeping the global information technology business - "IoT" or Internet of Things - is driving up the fever within Lenovo. The world's No. 1 PC manufacturer announced a wearable "smart glasses" deal on Thursday and has created a "New Business Development" team focused on IoT opportunities. But is the company overreaching?

Lenovo wants workers in China wearing smart glasses Lenovo wants workers in China wearing smart glasses

July 24

Premium Lock N.C. Senate OKs bill with crowdfunding but future is 'uncertain'

NC JOBS Act   The state Senate on Thursday approved with a final vote a bill that includes crowdfunding legislation. Now it goes to the House. But the bill faces an "uncertain" future there due in part to the fact it's bundled with controversial sales tax language.

Updated July 24

Premium Lock National tech news site Xconomy launches in RTP

Xconomy, an expanding technology news operation that also puts on events, launched its Raleigh-Durham site today. The Triangle operation becomes the 10th in the firm's growing network.

Xconomy's Triangle home page Xconomy's Triangle home page

Updated July 24

Premium Lock Vivek Wadhwa blasts Twitter's 'proud' response to diversity report

Former Triangle tech entrepreneur Vivek Wadhwa, now an academic and an outspoken defender of immigration reform as well as increasing corporate diversity, blasts Twitter for how the company responded to its disclosure of abysmal minority employment statistics. "To say they are proud is disgusting," Wadhwa says - via Twitter.

Twitter's work force diversity statistics Twitter's work force diversity statistics

Updated July 23

Premium Lock N.C. Senate gives tentative OK to bill including crowdfunding

NC JOBS Act   The state Senate on Wednesday afternoon gave tentative approval to a bill that includes crowdfunding legislation. One more vote is needed before the bill can go to the House, Economic development legislation also moved forward as part of the bill.

Updated July 22

Premium Lock Crowdfunding bill moves - again - as part of different legislation

NC JOBS Act   The General Assembly's move toward authorizing crowdfunding in North Carolina took another twist on Monday. The bill is now part of a larger piece of legislation in the Senate where it's likely to be OK'd. But what happens next?

Updated July 21

Premium Lock AT&T already seeking permits for rollout of ultrafast network

Don't be surprised if you are a Triangle resident - even in Durham, a non-AT&T market in the old telco days - and you see an AT&T crew touting "Gigapower" logos on shirts or trucks in the near future. The telecommunications giant is wasting no time in rolling out a fiber-optic network as part of the North Carolina Next Generation Network. With all six cities involved now on board, AT&T is moving fast - the old Ma Bell knows that Google could be a threat. So, too, is RST Fiber which has already targeted Wake Forest for testing. Watch out, folks, fiber is coming quickly.

AT&T touts its GigaPower    AT&T touts its GigaPower