Updated January 26

Premium Lock TechWire@15: Scot Wingo, ChannelAdvisor and the stars, 2002

'Buoyed by New Financing, ChannelAdvisor Points to Profitability - and the Stars,' reads the headline on one of the very first stories published by Local Tech Wire in January 2002. Now called WRAL TechWire, our team will be taking a look back through the archives as a way to commemorate 15 years of covering tech and life science in the Triangle as well as across N.C. Scot Wingo remains a pillar of the Triangle startup community, and ChannelAdvisor became in many ways what he set out to build. Enjoy the look back in time. Words Wingo spoke then still ring true today.

Scot Wingo, 2007 Scot Wingo, 2007

Updated January 26

Premium Lock Why did Cisco buy cloud tech startup AppDynamics for whopping $3.7B?

Analysis: Cisco made headline news worldwide Wednesday with the announcement it was buying pre-IPO cloud tech firm AppDynamics for $3.7 billion. That's nearly double AppDynamics' valuation. So why make such an expensive deal? And what else is happening in the cloud business? A lot. Here's an analysis for our Insiders.

January 26

Premium Lock Hillsborough startup Seal the Seasons plans to raise $750,000

Founded in 2014, Seal the Seasons markets locally grown and frozen fruits and vegetables in grocery stores. The company aims to empower farmers and consumers to support each during the full year through local frozen produce.

Updated January 26

Premium Lock Inside AT&T: Earnings reflect organic growth struggles

AT&T                       Analysis: AT&T reports a year-to-year decline in consolidated revenue for the first time in nearly four years, reflecting its struggle to increase growth organically, says Technology Business Research analyst Steve Vachon.

Updated January 25

Premium Lock PrecisionHawk names Blackboard co-founder as CEO; Young steps aside

Bob Young, the co-founder of Red Hat and self-publishing firm Lulu, has stepped aside as CEO of Raleigh-based drone tech firm PrecisionHawk. Replacing him is Michael Chasen, the co-founder of ed tech firm Blackboard.

PrecsionHawk's new CEO tries out a drone PrecsionHawk's new CEO tries out a drone

Updated January 25

Premium Lock Former CED exec Dhruv Patel's new title: VP, Square 1 Bank

Dhruv Patel Dhruv Patel, the former director of investor relations and a long-time executive at the Council for Entrepreneurial Development, is formally announced as a vice president at Square 1 Bank.

January 25

Premium Lock Inside Verizon: Tepid holiday season = wireless revenue decline

Verizon   Analysis: Tepid holiday phone additions keep Verizon's wireless revenue in decline as competitors' unlimited data plans limited its subscriber growth in 4Q16, says Steve Vachon, Research Analyst at Technology Business Research.

Updated January 25

Premium Lock Crystal ball gazing with SAS: IoT, AI are big 2017 opportunities

SAS continues its unbroken streak of revenue growth dating back to its founding in 1976 with $3.2 billion in sales for 2016. And in looking ahead for 2017, its top marketing officer sees big opportunities for the software giant coming through artificial intelligence as well as the hot Internet of Things.

Randy Guard Randy Guard

Updated January 25

Premium Lock Cree stock surges after Street beat; Wolfspeed spinoff nears

Cree logo  Cree beats Wall Street expectations on revenues and earnings, sending its stock up nearly 6 percent in after-hours trading Tuesday. Meanwhile, the Durham LED giant also says it's moving closer to selling off its Wolfspeed power technology business.


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