Updated August 14

Premium Lock Lenovo reports earnings surge, but deals with IBM, Motorola still under review

Lenovo banner at a trade show Lenovo reports an 18 percent annual increase in quarterly earnings for the period ending June 30. And Yang Yuanqing, its top executive, sees "even more opportunity to grow rapidly." However, the firm's acquisitions of IBM's x86 server business based in RTP and Google's Motorola Mobility are still under review, Yang says.

August 13

Premium Lock Why we need Triangle Startup Weekend: Women

Triangle Startup Weekend: Women The weekend of October 10th will see the first-ever Triangle Startup Weekend: Women. And it's about time, writes Joe Procopio, founder of ExitEvent.

Updated August 13

Premium Lock N.C. Biotechnology Center promotes exec to CEO post

The North Carolina Biotechnology Center has a new chief executive officer: Doug Edgeton, who already is a senior executive at the Center. He replaces Norris Tolson, who retired June 30.

Doug Edgeton Doug Edgeton

Updated August 13

Premium Lock RTP drug firm BioCryst receives $4.1M in federal funds for Ebola vaccine

Ebola fight   The National Institute of Allergy and Infectious Diseases has provided another $4.1 million in funding to Triangle-based BioCryst Pharmaceuticals for further development of a potential vaccine to treat Ebola.

August 13

Premium Lock Inside LipoScience: Study a 'significant event,' could drive health test sales

There's nothing like a major positive healthcare study to add credibility to a product. Just ask Howard Doran, chief executive officer at LipoScience. During a conference call to discuss the Raleigh-based firm's most recent earnings, Doran touted the study from the research arm of healthcare giant WellPoint as being an "important inflexion point" for adoption of the firm's cholesterol test.

A cholesterol ad included in LipoScience IPO filing A cholesterol ad included in LipoScience IPO filing

August 13

Premium Lock Amazon's mobile payment app targets PayPal, Square, Intuit

E-Commerce Amazon is taking direct aim at mobile payment systems such as Square by introducing the Amazon Local Register, a credit-card processing device and mobile app designed to help small business owners accept payments through their smartphones and tablets.

Updated August 13

Premium Lock Report shows growing importance of crowdfunding as driver for future VC funding

money image A new report from CB Insights, which tracks the venture capital industry, documents for the first time the importance of crowdfunding to startups not only for initial capital but also as a way to ignite interest from institutional investors. But in N.C., there's a problem: The state has yet to approve crowdfunding legislation.

Updated August 13

Premium Lock Mobile health startup Validic closes on $5M venture round

Validic, a Durham-based startup focused on linking medical devices, app developers and healthcare clients and is backed by Dallas billionaire Mark Cuban, has landed $5 million in new venture capital.

Validic's growing ecosystem Validic's growing ecosystem

Updated August 13

Premium Lock Cree earnings top Street; revenue, expectations miss; shares tumble 7%

Cree's $10 LED bulb     LED and chip manufacturer Cree reports earnings of 42 cents per share and revenue of $436 million for its most recent quarter plus annual revenues of $1.65 billion, which were up 19 percent.

August 13

Premium Lock Inside Cree: CFO hints new market push in earnings call

Cree reported record income for its last fiscal year on Tuesday and forecast future revenue that didn't quite match analysts' expectations. The news sent Cree shares down in after-hours trading. But in a conference call with analysts, Chief Financial Officer Mike McDevitt dropped a hint that Cree is eyeing another market for growth. So what's Cree thinking?

The new Bay Bridge span illuminated by Cree LEDs The new Bay Bridge span illuminated by Cree LEDs

Updated August 12

Premium Lock Apple's not-so-diverse work force: Mostly male, mostly white

"Let me say up front: As CEO, I'm not satisfied with the numbers on this page," says Chief Executive Officer Tim Cook in a blog post. "They're not new to us, and we've been working hard for quite some time to improve them."

Apple's work force Apple's work force

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