Posts tagged “Cree”
Cree markets the idea that its LEDs have reinvented the light bulb. Now, the Durham-based tech firm says it is setting new standards for office lighting with "WaveMax" LEDS and fixtures.
If you were struck by the image of bologna frying on a conventional light bulb but not sizzling when draped over a Cree LED bulb, you weren't alone. After two years of major investing in marketing, Cree's top executive says his company's brand is becoming well known.
CoLucid Pharma leaves RTP; Cree LEDs for rural areas; new Samsung, HTC phones; 'Voice'-like app; PayPal's fine
In today's Bulldog wrapup of technology and life science news: CoLucid Pharmaceuticals leaves the Triangle; Cree targets rural areas with new LEDs; new Samsung and HTC phones coming April 10; a new "American Idol"- or "Voice"-like app launches; and PayPal pays $7.7 fine.
IBM BlueMix-Twitter analytics; Cree lights up Habitat for Humanity; T-Mobile's small business offer; Yahoo exits China; 'Line' app toys and more
In today's Bulldog wrapup of technology news: IBM's BlueMix and Watson analytics are analyzing Twitter; Cree boosts its commitment to Habitat for Humanity; T-Mobile targets small businesses; Yahoo exits China; and watch our for lots more from those Line app emoticons.
Cisco's $100M for French startups; Lenovo's AMR server move; another Cree breakthrough; Red Hat's Enterprise Linux cloud; AT&T tops rankings
In today's Bulldog wrapup of technology news: Cisco aims to invest $100M in French startups and to rain 200,000 people; Lenovo pursues development of ARM servers; Cree unveils new LED lighting array advance; Red Hat takes Enterprise Linux to the cloud; McClatchy backs new media incubator; and AT&T tops wireless survey.
Cree's complaint that a competitor and its supplier have violated eight of its patents and engaged in unfair trade has won the attention of the U.S. International Trade Commission. The ITC has launched a formal investigation.
McClatchy reorg hits Raleigh; unlocking your cell phone; Cree warms LEDs; tech execs skip Obama meeting; Tesla profit falls
In today's Bulldog wrapup of technology and life science news: McClatchy reorganization hits interactive group in Raleigh; new rules are official for unlocking your cellphone; Cree offers way to "warm" LEDs; top execs skipping Obama meeting; Tesla's profit falls.
Cree a 'Top 50' innovative firm; Clinverse's new software; Yelp goes takeout; Qualcomm's $975M fine; Uber's panic button
In today's Bulldog blog wrapup of technology and life science news: Fast Company names Cree a top innovative company; Clinverse adds to its software lineup; Yelp buys Eat24; China fines Qualcomm; and Uber adds a panic button in India.
Triangle Capital raising $75M; Cree enters Korea; GSK's HIV sale; Lenovo sells 20,000 phones in 3 seconds; Silk Road trial; Uber research
In today's Bulldog wrapup of technology and life science news: Triangle Capital prices $75M offering; Cree enters Korea market; GSK reportedly hires banks to sell HIV company; Lenovo has another big flash sale in India; the "Silk Road" trial nears its end; and Uber launches a research effort with Carnegie Mellon.
You may have seen ads showing up on TV touting Cree's LED bulbs. But on Sunday Cree's biggest advertisement for its lighting technology takes center stage, lighting up the Super Bowl in Phoenix.
Cree's earnings and revenue both topped Wall Street analysts' expectations Tuesday, sending shares up nearly 8 percent in after-hours trading. "We made solid progress," says Chair and CEO Chuck Swoboda.
Corporate suits never know what questions a Wall Street analyst will ask when discussing earnings. These guys are Randy Johnsons, not AAA journalists. Such was the case Tuesday evening when Cree's chair and CEO sat down for his give-and-take with men and women looking for any insight into the company's future. And as the call ended, he got a curve ball. Did he hit it out of the park?
Cree is entering the fast-growing smart phone market against competitor Philips, unveiling on Thursday a so-called smart bulb that can be controlled through various apps. The 60-watt LED bulb sells for just under $15.
Fresh from lining up a new $500 million line of credit on Friday, Cree on Monday filed patent and misleading advertising suits against a competitor and its Taiwan supplier on Monday in seeking to protect its LED lighting business.
Cree, which rattled investors with a less than bright earnings report and forecast last week, unveiled its promised new LED light bulb Tuesday. It's cheaper and looks more like traditional bulbs. Now, will it light up Cree stock?
Trending in the Triangle: Get the pulse of technology in the Triangle with the best in local technology, venture, biotech, and life science news on Thursday, Oct. 23, 2014 as curated by @WRALTechWire.
Cree on Thursday morning unveiled its latest advance in LED technology, saying it will "reduce system costs" for most lighting applications by 40 percent. The news comes after an earnings report this week led to a hammering of Creek stock with LEDs the big culprit.
Shares in LED manufacturer Cree plunged 10 percent to a 52-week low under $30 after its quarterly earnings report Tuesday. Not even news that Cree plans to introduce a new LED bulb dissuaded investors from dumping shares.
Cree joined a club on Thursday its investors don't like: "The 52-Week Low Club." A revenue warning from Cree sent investors scurrying for the exits early Thursday. Shares plunged 14 percent to a 52-week low of $34.20 and ended up down 12 percent for the day in extremely heavy trading.