WRAL TechWire Publisher and Editor Rick Smith dishes out tidbits from the local technology sector. Read the latest articles…
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.
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.
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 ...
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.
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?
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.
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?
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.
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.
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.
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.
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?
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.
Despite a wealth of IPOs in 2013, numerous lucrative "exits" through mergers and acquisitions and the robust growth of investment-backed startups, one huge threat could hammer the Triangle's entrepreneurial community: The continuing lack of institutional venture capital. Statistics from Dow Jones VentureSource and PricewaterhouseCoopers tell the grim story.
When the Town of Carrboro inked its agreement with AT&T for deployment of a fiber network, the North Carolina Next Generation Network's goal of bringing ultrafast Internet service took a huge step toward network workout. The next big date: Oct. 1 as NCNGN and partners identify where they want AT&T to provide free net access. But Google Fiber remains an option. WRAL TechWire Insiders get the details.
If Lenovo has a "parent" in its rise as a global technology powerhouse, it's IBM. After all, Big Blue's sale of its PC division to Lenovo in 2005 took the China-born company international. Now, Lenovo is trying to buy IBM's x86 server business and Google's Motorola Mobility to accelerate growth in servers and smartphones. So what does IBM do as Lenovo grows as a threat to Apple? The Skinny talks with an analyst about IBM's big deal with Apple. Is it a slap in the face to Lenovo? By the way, BlackBerry already is caught up in fallout from the deal.
The Town of Cary published, albeit briefly, a document spelling out details of a job recruitment proposal that could lead to the addition of 1,237 information technology jobs from an "international information technology and engineering services firm." For those interested in how economic recruitment works, this is interesting reading. The package includes $17 million in state tax credits and a $123,700 matching grant from Cary for a state One North Carolina Fund grant.
Crowdfunding in North Carolina could take a big step toward becoming law on Wednesday as a Senate committee schedules the legislation for a hearing. A key backer says "this is very good news." But nothing's guaranteed. Meanwhile, a key life science investor throws his weight behind the bill.
North Carolina's "Academy Awards" program for technology is getting a new name from the North Carolina Technology Association. A wide variety of individuals and companies will receive "Beacon" honors as "21 Awards" disappears.