A state committee that approves North Carolina's main tax break to attract businesses on Tuesday allowed Spectra Growth Inc. to save up to $3 million over 12 years if it meets job and investment projections.
New York is the first state to propose issuing separate regulations for virtual currencies, demonstrating the importance regulators attach to the fledgling field. New York City is home to several startups dealing in bitcoin, the most popular virtual currency, and some Wall Street firms are edging into the field as well.
New York became the first state to formally propose regulations for bitcoins and other virtual currencies last week. And organizers of the Cryptolina Bitcoin Expo that's set for Raleigh next month wasted no time in adding a panel to discuss what regulations might mean.
Comcast on Tuesday beat Street estimates for earnings with high-speed Internet customer growth leading the way; meanwhile, Comcast updates Time Warner acquisition; in other news, Verizon earnings soar.
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?
Sprout Pharmaceuticals has positioned its drug as the first female equivalent to Viagra. And the privately held firm has turned to scores of investors for financial help in driving the drug toward FDA approval.
Apple's 80M big smartphone order; new GE jobs in N.C.; Netflix soars; Verizon FiOS upgrade; Yahoo buys apps firm
In today's wrapup of technology news: Apple reportedly is ordering up to 80 million large-screen iPhones; GE adds jobs in Mebane; Netflix hits 50M subscribers; Verizon ups its FiOS service; and Yahoo buys apps firm Flurry.
Farming continues to evolve, becoming even more high tech. The latest wave is called "precision agriculture," and it was the topic of the NC Ag Biotech Professional Forum at the NC Biotechnology Center, uses GPS guided, self-steering equipment, drones to monitor crops, precise, hyper-local weather reports, and the collection and analysis of data in real time for immediate action or strategic planning. WRAL TechWire Insider Allan Maurer has the exclusive details.
This is part one of a three-part series on how to turn ideas into companies. This story features Scot Wingo, co-founder and CEO of ChannelAdvisor, and is part the news partnership between WRAL TechWire and ExitEvent.
Under a three-year award from the U.S. Department of Energy, researchers at RTI International are looking at the cost-competitive production of hydrocarbon transportation fuels for less than $3 per gallon.
Nearly the entire staff of the Xbox Entertainment Studios division is being let go as part of Microsoft's huge announced job layoffs. So does this mean now live action video for the "gears of War" franchise Microsoft acquired from Cary-based Epic Games earlier this year? WRAL TechWire Insider John Gaudiosi reports exclusively for Insider subscribers.
WRAL TechWire is expanding again, this time with a new LinkedIn site. From its launch 12 years ago, Local Tech Wire as it was known then has offered a daily email blast. Adding a news feed on Twitter brought on more readers. We've recently added a PM email blast, too. With Facebook, readers have a new channel to follow our news. Now there is LinkedIn as well.
WRALTechWire is continuously expanding its content lineup, and we want you to participate. We are looking for news and analysis about all things tech and life science from people who know their business.
Some local websites run one or two tech stories per day. Others a few more but mixed with a variety of business news. At WRAL TechWire, tech and life science make up the menu with nearly 50 stories published over the last five business days. Here's a look back at technology, life science and other related news as reported in WRAL TechWire last week.