11:31 a.m. Thursday

CED's Tech Venture event draws more than 50 top VC, angel firms

Next month's CED Tech Venture event already has commitments from more than 50 venture capital, angel groups and investors to be on hand looking for possible deals. Durham-based Spoonflower just landed a $25 million investment that its founders link directly to meeting investors at last year's show. Will deal lightning strike for other startups?

CED Tech Venture CED Tech Venture

10:45 a.m. Thursday

Uber hails passage of ride-sharing regulation bill in NC

Uber Continuing disagreements about the budget dominate the news from the General Assembly, but there is some movement of interest to the state's technology community. A bill regulating ride-sharing services such as Uber is expected to pass today. But what about crowdfunding and that new state venture fund?

Updated 10:17 a.m. Thursday

Lenovo confirms Motorola exec to lead combined smartphone business

Rick Osterloh, right, now heads Lenovo's smartphone business Rick Osterlog, the president of Motorola, will be the leader of Lenovo's smartphone businesses under a reorganization plan the global tech giant says. However, the company will maintain two brands and Lenovo executive Chen Xudong remains leader of the Lenovo Mobile Business Group.

Updated 8:34 a.m. Thursday

Reports: Motorola now absorbing Lenovo smartphone efforts

Motorola's new Lenovo banner   Lenovo is wasting little time in moving ahead with a formal reorganization of its smartphone efforts. In reports from Asia, Lenovo executives say the global tech giant is betting its phone efforts on Motorola with that group now taking over design and production. But there still may be a Lenovo brand afterall. Lenovo's ZUK line apparently remains independent.

8:29 a.m. Thursday

Premium Lock Lenovo mobile leader asks 'patience' for his strategy to win 'smartphone market melee'

Chen Xudong, the recently named head of Lenovo's mobile group, uses his personal blog to make the case for the changes he's making. One company but apparently two brands. A focus on quality, not price. Regaining trust. An emphasis on an "imperative" of "three things." He asks for patience, says he is "convinced" Lenovo "has a chance to win" what he calls the "smartphone crowded market melee." Our WTW Insiders get the full story.

Chen Xudong Chen Xudong

7:08 a.m. Thursday

Legislative update: Uber regulations near; crowdfunding, VC fund to come?

@NCCapitol Continuing disagreements about the budget dominate the news from the General Assembly, but there is some movement of interest to the state's technology community. A bill regulating ride-sharing services such as Uber is expected to pass today. But what about crowdfunding and that new state venture fund?

Updated 6:45 a.m. Thursday

Losing streak ends for Goodnight, billiionaires; Triangle stocks rebound, too

Jim Goodnight  Wall Street's big stock rally on Wednesday helps the world's billionaires snap a money losing streak, according to Bloomberg Billionaires. That rebound includes Cary's Jim Goodnight, who regains more than $200 million of his fortune. Meanwhile, Triangle stocks rebound as well led by Red Hat.

5:40 a.m. Thursday

Facebook testing own Siri; Windows 10 on 75M devices; Ashley Madison lawsuits; booze in space; diabetes drug cuts complications

Bulldog In today's Bulldog wrapup of technology and life science news: Facebook is testing its own digital assistant; Microsoft says Windows 10 now on 75 million machines; Ashley Madison faces lawsuits after hack; booze arrives at the international space station; and for the first time a diabetes drug is said to be cutting complications associated with the disease.

Updated 8:49 p.m. Wednesday

Clayton celebrates 'huge' Novo Nordisk expansion

Clayton and Johnston County celebrated a big win in the competition for high-paying jobs Wednesday when Novo Nordisk announced plans to expand its plant there by almost 700 employees.

Updated 1:54 p.m. Wednesday

Premium Lock Cliff Bleszinki's new game is 'LawBreakers' - Here's the video

Cliff Bleszinski's first game apart from Epic: It's 'LawBreakers.' Here's the video trailer just published on Wednesday: "The Shattering changed everything -- forever. Witness the worldwide premiere trailer of LawBreakers, the highly-anticipated debut FPS from Cliff Bleszinski & Boss Key Productions."

12:12 p.m. Wednesday

Monsanto drops its $47B bid to acquire Syngenta

Syngenta's new lab in RTP Agricultural business giant Monsanto is abandoning its takeover bid for competitor Syngenta AG after the Swiss chemical producer rejected its latest offer of roughly $47 billion.

12:03 p.m. Wednesday

Premium Lock Inside $25M Spoonflower deal: 50 new jobs, big plans for growth, 'we've only scratched the surface'

The co-founders of Durham startup Spoonflower are stitching together quite a success story. Focusing on custom fabrics and other products ordered by customers online, Spoonflower has just closed on $25 million. And its co-founders have big plans for the future.

Welcome to Spoonflower Welcome to Spoonflower

Updated 10:47 a.m. Wednesday

Premium Lock Why Bull City Venture Partners invested in Spoonflower

Bull City Ventures is one of two disclosed investors in a $25 million round of financing for Durham startup Spoonflower. Co-founder David Jones talks about why he and partner Jason Caplain did the deal.

Bull City Venture Partners Bull City Venture Partners

Updated 10:08 a.m. Wednesday

Premium Lock IDC, Gartner reports: Lenovo didn't gain all marketshare IBM shed in x86 server deal; Cisco surges

If you have wondered why Lenovo has cut jobs in its RTP-based x86 server business this year, some proof can be found in the latest global server sales statistics from IDC. New numbers from Gartner are similar. Yes, Lenovo revenues and share jumped tremendously after buying IBM's x86 business last year, but the growth didn't match the revenues and share IBM shed. Meanwhile, there's good enws for Cisco.

Lenovo's x86 server business operates globally Lenovo's x86 server business operates globally

Updated 7:12 p.m. Wednesday

Novo Nordisk adding nearly 700 jobs in Johnston County expansion

Novo Nordisk in Clayton Novo Nordisk is expanding its drug-making presence in Johnston County with a facility that will add 691 jobs. The average wage will be $68,420. Novo Nordisk plans to invest $1.2 billion in the new facility. The state commits more than $18 million in incentives to the project.

Updated 9:18 a.m. Wednesday

Republic Wireless CEO sees growing threat from big carriers in Wi-Fi

Republic Wireless in Raleigh is one of the leading providers for Wi-Fi based wireless phone services, and its CEO tells The Wall Street Journal that he sees a growing threat from big carriers such as Verizon to the Wi-Fi calling business.

David Morken, CEO, Republic Wireless David Morken, CEO, Republic Wireless

Updated 8:15 a.m. Wednesday

Premium Lock Durham startup Spoonflower lands $25M in new funding

Spoonflower, a Durham-based startup focusing on delivering custom fabrics, wallpaper and even gift wrap through on-demand technology, is stitching together major expansion plans after landing $25 million in capital. And in landing the funding, Spoonflower is bringing a new investor to North Carolina.

A sample of creations at Spoonflower A sample of creations at Spoonflower

7:29 a.m. Wednesday

Look for big life science jobs announcement today in Johnston County

New jobs     State and county executives are expected to announcement a big economic development project that will create "several hundred full-time" jobs in Johnston County. And WRAL TechWire is told that the deal is with a life science company.

3:38 p.m. Tuesday

Premium Lock Exclusive Q&A: Why Jennifer Bosser took Triangle Cleantech Cluster job

Over the past five years, few names have been more associated with economic development in Wake County than Jennifer Bosser. But as of Sept. 1, Bosser will become the first executive director of the Research Triangle Regional Partnership's CleanTech cluster. Why is she taking the job? What's the mission?

Jennifer Bosser Jennifer Bosser

1:30 p.m. Tuesday

Premium Lock CMOs to surge mobile spending 160% despite questions about performance

Chief marketing officers are betting big on mobile ads, planning to increase spending a "whopping" - to use the survey's own word - 160 percent over the next three years. Yet they are doing so despite questions about how effective mobile ads are, says a new survey from the Chief Marketing Officer survey from Duke's Fuqua Business School.

Tracking ad performance Tracking ad performance


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