WRAL Local Tech Wire Publisher and Editor Rick Smith dishes out tidbits from the local technology sector. Read the latest articles…
Co-founders Brian Dally and Nick Bhargava want to revolutionize real estate financing through "crowdlending." And they are off to a sizzling start, raising a "heavily oversubscribed" seed round of $300,000. Plus they just closed a second real estate deal in Georgia. They hope to be doing business in North Carolina soon.
Who better to forecast the NCAA men's basketball tournament other than the software gurus at SAS and their partners? But even the men and women using analytics software and high-performance computing power to predict what shoppers will buy next and what products will be hot at Christmas can't forecast March Madness. So confesses Jared Dean, confessed basketball junkie, who heads Research and Development at SAS.
A complete technology reboot with new PCs and keeping jobs in North Carolina - Those are the goals of a huge computer purchase that the State Employees' Credit Union is fulfilling in a deal with Lenovo.
Robert Allison, a computer science PhD from N.C. State, is just as mystified as anyone else about the disappearance of Flight 370 and is intrigued about other missing aircraft mysteries. To help others wanting to know about these unsolved cases, the NCSU grad has put together an intriguing interactive map/graphic to track these "without a trace" incidents.
In its latest SEC filing, Durham-based Square 1 Bank says it plans to offer some 7 million shares at a price range of $15 to $17 each. The company recently said it hoped to raise around $57 million.
Justin Miller, Raleigh's 'tattooed guy, is having a blast representing the city as its "ambassador" at the South by Southwest festival. He's shown off his "Sir Walter the Bat" tattoo, too. But don't expect to share all that's happened on the RV trip to Austin and back. Sounds like he's been to Vegas ...
The daily average of advertised information technology jobs across North Carolina fell for the eighth consecutive month in February. A "softer" market produced 2,980 openings per day, down 20 from January. But when compared to 2013 and 2012, the 2014 number is anemic.
The strike at an IBM x86 server plant in China by some 1,000 workers is ending - but the workers claim they won concessions from Big Blue for better severance and retention packages. Still, about half of them have decided not to transfer to Lenovo despite a plea from the company. IBM's $2.3 billion sale of its sever business to Lenovo triggered the walkout. Meanwhile, in RTP, IBM x86 workers will soon have a new home.
Revenues have soared 67 percent at Wake Forest-based PowerSecure over the past year, and its order backlog is at a record $248 million. An emerging revenue driver is data center power services, which could have a "transformative" impact on the firm. And CEO Sidney Hinton says "the very best" people are driving sales. So what's he looking?
Media reports say that some workers have been fired for going on strike at an IBM server plant in China which Lenovo hopes to acquire as part of its $2.3 billion deal with Big Blue. Lenovo is trying to steer clear of the mess, issuing a lengthy statement saying the strike is for IBM to resolve.
Justin Miller, the colorful CEO of Raleigh-based WedPics, promised to bring home a new tattoo that would be a tribute to Raleigh after serving as the capital city's "ambassador" at South by Southwest. He fulfilled the promise.
As IBM's "Watson" serves up recipes at South by Southwest, Chair and CEO Ginny Rometty is mixing things up on IBM's board of directors with the naming of a "presiding director." Will this change help Rometty deliver a winning formula? IBM isn't talking about the change other than what's in an SEC filing.
Partners Chris Heivly and Dave Neal on Monday disclosed their four latest emerging ventures - and Heivly says each meet specific critera. Top of the list: a "bad-a**" mind set followed by a market "that we find interesting." So who are these startups and what are the plays? One could do for the spoken word what Pandora has done for music. An exclusive interview for WRALTechWire Insiders delivers the inside story.
Matt Williamson has a fast-growing startup on his hands with Windsor Circle, which helps companies retain customers. Last week, Windsor Circle moved into the email marketing space in a partnership with Atlanta-based Silverpop, which is led by NCSU graduate and former RTP entrepreneur Bill Nussey. But Nussey has helped Williamson in other ways over the years - as a mentor. In an exclusive conversation with WRALTechWire, Williamson talks about how CEOs can benefit from having mentors.
A week ago, the Wall Street Journals' Re/code quoted a Lenovo marketing executive as saying that Hollywood star and entrepreneur Ashton Kutcher was working with the company to create a smartphone. Lenovo says that's not true but offers no other insight.
Before anyone could ask a question, the Raleigh-bound South by Southwest recruiting team bolted from HQRaleigh in a motor home, speeding off on a multi-day road trip. So why is Raleigh sending a team, including Mayor Nancy McFarlane, and why is Justin Miller taking some time off from startup WedPics? WRALTechWire checks in with the team and "the tattooed guy" Miller, who is the Raleigh ambassador, while they are burning up miles on I-85.
The upfit of the new HQRaleigh in the city's Warehouse District is continuing even as startups and other ventures who have already leased most of the space prepare to start moving in on Friday. Check out WRALTechWire's photo tour.
Raleigh Mayor Nancy McFarlane and a team of entrepreneurs plus city staff, are headed to the South by Southwest festival in Austin, Texas, But they are going hunting for entrepreneurs and companies who might want to locate in the capital of North Carolina than the capital of the Lone Star State.
The New York Times and Financial Times report that workers at an IBM plant near Hong Kong have continued a strike for the fourth consecutive day. They are protesting the sale of IBM's x86 server business to Lenovo. IBM says it hopes workers will accept the transfer.
Cisco Chairman and CEO John Chambers has vowed to do more business in Canada, citing tax policy and other challenges in the US. In picking Toronto and not either RTP or another US location, Chambers is restating his stance.