Updated 10:23 a.m. Thursday

Wilmington event hits it out of ballpark with hockey stick principles talk

Editor's note: Rather than discuss how to create a startup or his own businesses, entrepreneur and author Bobby Martin led the crowd at a Network for Entrepreneurs in Wilmington event through advice on how to navigate the first 3 to 5 years of a startup. He stressed principles explained in his book: "The Hockey Stick Principles: The 4 Key Stages to Entrepreneurial Success."

Talking growth at NEW in Wilmington Talking growth at NEW in Wilmington

Updated 8:20 a.m. Thursday

Premium Lock Art of the BIG deal: Red Hat goes 23 for 25 in renewing $1M-plus contracts

Maybe Red Hat executives should consider writing "The Art of the BIG Deal" as Red Hat drives more "wallet share" from clients. CEO Jim Whitehurst on Wednesday cited a series of big deals as key drivers in the Hatters' quarterly Street beat. And CFO Frank Calderoni spells out the big-deal details.

Frank Caldceroni Frank Caldceroni

Tags: Red Hat
6:52 a.m. Thursday

Premium Lock Funding news: Scribbles Software, Semprius, Spotlight Solar, Avadim

Looking for cash? Scribbles Software, Semprius, Spotlight Solar, Avadim Technologies raise more than $2 million in a series of new fundings.

Updated 4:51 p.m. Thursday

Red Hat surges 6.4%; big deals help beat Street expectations

Red Hat Shares in Raleigh-based Red Hat climbed 6 percent in after-hours trading Wednesday after the open source giant beat Wall Street expectations for revenue and earnings. CEO Jim Whitehurst says big deals help drive growth.

Tags: Red Hat, Linux
3:06 p.m. Wednesday

Premium Lock Durham startup Encapsio wins Big Launch Challenge (+ video)

Encapsio, a startup focused on new technology to deliver active ingredients in product formulation, prevailed over five other finalists in the Big Launch Challenge.

1:29 p.m. Wednesday

CityCamp NC features 'code sprint,' NC DataJam competition

CityCamp NC CityCamp NC will host a CIO panel, the Code for America founder and also put on a "code sprint" as well as the annual NC DataJam competition at its annual conference this week.

1:07 p.m. Wednesday

Premium Lock Lenovo: We're not to blame for Linux install woes

The penguin is the symbol for Linux  The penguins are marching against Lenovo, and the world's No. 1 PC manufacturer is trying to calm a controversy on the net among Linux users. The company insists it is not intentionally blocking Linux installations on some new PCs.

Updated 4:45 p.m. Thursday

Novan's smashing debut: Durham pharmaceutical firm's stock soars 65%

Durham-based Novan went public at $11 a share - and its stock shows plenty of "pop," surging more than 70 percent at one point before closing up 65 percent on the day at $18.10.

11:43 a.m. Wednesday

Meet Allo: Google's smart messaging app (review, video, download info)

Google wants to add a middleman to your mobile chats - a personal virtual assistant who's not shy about interjecting itself into the conversation. The new Allo app promises to be "smart," sort of. Plus: Watch an introductory video and get download information.

Updated 11:06 a.m. Wednesday

Premium Lock National Venture Capital Association picks new provider for VC data (+ video)

The MoneyTree is being ditched in favor of PitchBook. So the National Venture Capital Industry says in an announcement Wednesday, putting an end to a reliance on PricewaterhouseCoopers and Thomson Reuters for startup investment data that goes back nearly two decades. Plus: The NVCA promises more data to crunch.

10:50 a.m. Wednesday

Premium Lock PwC: MoneyTree venture capital report will continue

PriceWaterhouseCoopers is not going to chop down its MoneyTree venture capital report even though it's losing long-time and high-profile partner National Venture Capital Association.

The MoneyTree logo The MoneyTree logo

Updated 10:34 a.m. Wednesday

'AirGig:' AT&T testing power grid for multi-gigabit Internet (+ video)

AT&T says it is developing a wireless alternative to expensive, high-speed fiber networks that would utilize power lines to deliver high-speed Internet into your home. The communications giant says "Project AirGig" is a "breakthrough" - and the technology is patented.

7:56 a.m. Wednesday

Premium Lock Natural health, wellness startup Vital Plan raises $800,000

The father-and-daughter founded Vital Plan, a Raleigh startup focusing on the global nutraceutical market that is forecast to top $100 billion in 2017. has raised $800,000 in financing.

6:28 a.m. Wednesday

Contract research organization firm Almac adding 79 jobs in Durham

Almac ​Almac Group, a global contract research organization (CRO) with 288 employees in Durham, has announced a $5.2 million expansion that will create 79 more jobs over the next three years.

6:20 a.m. Wednesday

Crop science execs defend mergers; NC Senator cites regulation as driving deals

Top officials for Monsanto and Bayer defended their proposed $66 billion merger before skeptical senators on Tuesday, insisting that the deal would lead to greater investments in technology that could help American farmers. Syngenta, Dow AgroSciences and DuPont also defend deal plans.

Defending merger Defending merger

2:17 p.m. Tuesday

Vivek Wadhwa: Fewer foreign entrepreneurs say they need the US - That's a problem

Vivek Wadhwa The world's entrepreneurs used to dream of coming to Silicon Valley because it was the innovation capital of the world and there were few opportunities elsewhere. This is no longer the case, writes former Triangle tech entrepreneur turned academic and author Vivek Wadhwa.

1:52 p.m. Tuesday

Planet Fitness franchise operator bringing 3 STEM campuses to Triangle

STEM News C.J. Bouchard and Joe Pepe, partners who operate 13 Planet Fitness gyms across the Triangle, will open three STEM education-focused campuses in a franchise agreement with Utah-based Zaniac.

Updated 11:38 a.m. Tuesday

Premium Lock NC firms winning more federal innovation, tech grants (+ video)

Startups and emerging entrepreneurial companies across North Carolina seeking funding should be sure to check on the availability of federal grants. Why? A recent review of data finds that N.C. firms are winning more dollars even as national grants decline.


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