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The latest Local Tech Wire news.
Loss of contract triggers HP layoffs in Raleigh
HP says the loss of a contract is why it made cuts in the ranks of its services group based in North Carolina. Find out how many and where.
$1B heart drug deal could mean transfer of 1,000 GSK employees
GlaxoSmithKline is in negotiations to sell two heart medicines to Aspen Pharmacare in a deal estimated to be worth $1 billion. If the deal goes through, a lot of GSK employees would be transferred to a new employer.
IBM layoff update: North American cuts climb; mum is word down under
Alliance at IBM has upped its total for IBM layoffs in North America by another hundred to 2,930. But how many job cuts Big Blue is making in Australia remains unknown, although the media is making estimates.
Dara licenses diabetes compound to new RTP firm with CNS focus
Dara BioSciences spent years developing DB959 for diabetes. Now it's been licensed to T3D Therapeutics, which plans to study it in Alzheimer's disease. Read why T3D is a good fit for DB959's new focus.
AT&T beats Verizon in 4G LTE speeds, PC Magazine says
Which mobile carrier has the fastest 4G network? PC Magazine's test found that AT&T edged out competitors. Read more about the test findings.
Meg Whitman's promise of job cuts at HP hits Raleigh
HP recently made a cut in the ranks of its services group based in North Carolina. Find out how many and where.
Big Blue's layoff total climbs in RTP; North America total surges past 2,800
"Just when I thought I missed the cuts got the call first thing this morning. Mixed feelings. I love my job and my IBM team members but have to look at this now as an opportunity to leave this toxic environment," says IBMer in RTP. As reports continue to be sent to the union seeking to represent IBM workers, the total layoffs set across North Carolina climbs past 2,800. WRALTechWire Insiders get the latest update.
At last! Sprint 4G service formally launches in Triangle
For months, Sprint has been teasing formal launch of high-speed wireless service for the Triangle. And it has been available in spots. As of Monday, Sprint declares 4G LTE in place across the region.
GE Aviation plans new plant in Asheville, hiring thousands natiownide
The company, which operates a big jet engine plant in Durham, looks to add 240 jobs across North Carolina. However, the deal is contingent on a deal for state tax incentives.
Big Blue layoff count nears 2,800 in North America alone
The body count in IBM's latest "resource action" in North America alone continues to creep higher. Internal documents obtained by the union seeking to represent Big Blue workers show that nearly 2,800 workers have been told to find new jobs elsewhere in the company or leave.
When perk creep becomes a startup killer
When your company starts replacing store-brand bottled water with Vitamin Water and Coke with Odwalla, you might want to take a look around, be wary. That may be a sign the company has lost control of the culture, and they're using perks to mask that fact.



























