WRAL Tech Wire

Investment: India has a problem

India's obstacles to investment - red tape, corruption and confusion about governbment policies - have cash flowing out of the subcontinent.

Chinese Business Association opening speaker series

A case study of Cree Inc. business efforts in China will be the centerpiece of the presentation by Chinese marketing specialist Grace Ueng.

Verizon Wireless launches '4G' broadband across Triangle

The Triad also now has the faster speed service, which the carrier says can support live video streaming and interactive gaming.

Verizon Wireless tracks growth in wireless speeds

China takes offensive, blames US for 'Internet war'

"Of late, an Internet tornado has swept across the world ... massively impacting and shocking the globe. Behind all this lies the shadow of America," write two Chinese military scholars.

Linux, Mac OS surge; video chat for Android phones; Lenovo aims at Apple; IBM targets social media; analyst mixed on Cisco

FM:Systems, a provider of workplace management systems, adds China partner

Software firm Coventor expands to Italy, adds new partner in China

HondaJet hits wild blue yonder at faster than expected speeds

Honda Aircraft reports a top speed of 489 mph at 30,000 feet for the new jet. Future models are to be built in NC if the jet is approved by the FAA.

The HondaJet

GSK heart drug Lovaza to face generic rival in US

The drug's manufacturer strikes a deal to allow a generic to be sold in 2015 if not earlier.

Cisco's consumer business group exec leaves

The move comes after the networking giant' reports a 15 percent drop in orders for consumer products as part of a disappointing earnings report.

Go to the 'cloud,' daddy CEO when you need to scale up for Big Game

Spending $3 million on a Super Bowl and another $1 million on servers to support the boost in web traffic is an example of how a corporate executive could have used "cloud computing" for a short-term boost. Got it, daddy?

Cloud computing

Reports: India says RIM has access solution; RIM says 'no'

Research in Motion (NASDAQ:RIMM) offered a network data-analysis system in its Indian offices as a way to settle a dispute with the Indian government over access to encrypted traffic, the Economic Times of India reported Thursday, but PC Magazine said that RIM called the report a mistake based on misunderstanding.

Apple to unveil new Mac operating system? Touch screen?

The company is expected to introduce a new version of Mac OS X, the operating system that runs on the company's desktop and laptop computers. It also may unveil a touch screen PC, one analyst says.

Business survey ‘back in negative territory,’ Richmond Fed says

The “Carolinas Survey of Business Activity,” which is conducted monthly, says “business activity continued to soften” this month. Company respondents did “suggest that activity will pick up in coming months” but at the national level the index “fell into negative territory for the first time since March 2009.”

Carolinas Business Survey dips

Red Storm Entertainment lays off 38 workers

A spokesperson for the videogame development studio, which is part of Ubisoft, confirms layoff report to website Kotaku.