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Months ahead of its planned closure in a $67 billion takeover by Dell, data storage technology firm EMC is planning to make layoffs. The news came in a regulatory filing made Thursday. EMC has an estimated 1,400 employees at operations around the Triangle.
AT&T will no longer offer discounted phones with two-year contracts starting Jan. 8. Before you rush out to beat the deadline, consider that you might be better off paying full price for the phone. That's because phone companies also reduce the monthly bill for voice, text and data services when you buy your own phone or bring a used one. The AP explains.
After a big drug trial failure and an 80 percent collapse of its stock on Monday, Durham-based drug firm Chimerix was basically written off by numerous analysts. But Chimerix is far from dead, especially after a big investment from Point72, a major Wall Street hedge fund.
At the recent Hewlett Packard Enterprise Discover event in London, executives laid out their vision for the new HP, built on the split of the tech giant into services and hardware. Technology Business Research Analyst Cassandra Mooshian liked what she saw and heard.
This past year brought lots of new products, services and features -- including a few that even managed to improve everyday life. But there's plenty more for tech companies to do. Here's a wish list for 2016
With a number of unknown deals in the pipeline still expected to close today, North Carolina startups and emerging companies have a chance to produce the second best year ever for raising venture capital at more than $846 million. So what has created this "perfect storm" of a surge in deals and dollars?