July 21

Premium Lock Teamworks investment amount disclosed in SEC filing

Teamworks, a venture launched by a former Duke University football player that provides mobile collaboration and communications software targeting athletic organizations, disclosed the amount of its multi-million dollar investment in an SEC filing.

Teamworks as a communications hub Teamworks as a communications hub

July 21

Premium Lock Snapchat, YouTube, Google Maps top 3 Android phone resource hogs

Android Snapchat, YouTube and Google Maps are the top 3 apps most likely to drain Android device resources, according to The AVG Android App Performance and Trend Report H1 2016. Apps doing better are surprises.

Updated July 21

Premium Lock Many companies go from NCBiotech loans to big investments

N.C. Biotechnology Center The latest company loans awarded by the North Carolina Biotechnology Center in the fourth quarter of FY 2016 bring to 189 the number of North Carolina bioscience companies that have received funding from the Center since its inception in 1984. The companies have received 276 loans totaling just under $34 million. Subsequently those portfolio companies have raised almost $3.7 billion in additional funding.

Updated July 21

Premium Lock NC Biotech Center awarded $2.5M to universities and companies

Biotechnology The North Carolina Biotechnology Center awarded 36 loans and grants totaling nearly $2.5 million to universities and bioscience companies during the fourth quarter of its 2015-2016 fiscal year ending June 30.

July 21

Premium Lock Amazon inks lease for large Durham warehouse

Amazon.com Amazon.com has signed a lease for a large warehouse space on TW Alexander Drive in Durham.

July 20

Premium Lock Spotify headed for IPO, Valencel, Samsung deal, Facebook

Bulldog In today's update of technology news: Spotify aims for IPO next year; Valencel inks deal with Samsung; and Facebook messenger service hits 1 billion users.

July 20

Premium Lock Emerging tech will boost industry revenue to new highs

Drones Broader adoption of the Internet of Things (IoT) and enthusiasm for emerging technology will drive the U.S. consumer technology industry to new highs in retail and wholesale revenue as emerging tech categories push the entire industry forward,according to the Consumer Technology Association's (CTA) semi-annual forecast.

Updated July 20

Premium Lock Triangle firm's Quantum Molecular drug design could revolutionize drug discovery

A Triangle-based biotech company may have the answer to both vastly reducing the cost of new drug discovery while also significantly speeding up the process of finding successful drug candidates to fight a wide range of indications, including cancer, central nervous system disorders and heart disease.

Edward Addison, CEO, chair, Cloud Pharmaceuticals Edward Addison, CEO, chair, Cloud Pharmaceuticals

July 20

Premium Lock Microsoft cloud strategy good for the longerm, analyst says

Accelerating cloud adoption presents near-term financial struggles, but long-term revenue gains for Microsoft, says TBR analyst Kelsey Mason.

TBR TBR

July 20

Premium Lock Number of biotechs likely to use a CRO increasing

Worldwide Clinical Trials A recent survey by Morrisville-baed Worldwide Clinical Trials revealed that 62 percent of respondents are more likely to engage a clinical research organization (CRO) partner for clinical research than they were five years ago. That means business for many NC firms.

July 20

Premium Lock EMC shareholders approve $60 billion Dell merger deal

EMC Digital storage company EMC Corp., which employs about 1,600 in NC, most in the Triangle, said Tuesday that its shareholders have approved its $60 billion merger with Texas-based Dell Inc.

Tags: EMC, Dell

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