Posts tagged “E-commerce”
Apple CEO Tim Cook looked like he wanted to dance Wednesday as he discussed his company's $3 billion acquisition of Beats Electronics. The deal, by far the most expensive in Apple's 38-year history, will give the iPhone and iPod maker a line of trendy headphones known for their hip appearance and thumping bass sound. Here's a look at key factors in the deal.
Apple is buying more flair, swagger and song-picking savvy with its $3 billion acquisition of Beats Electronics, a headphone and music streaming specialist founded by rapper Dr. Dre and Jimmy Iovine, one of the first recording executives to roll with the hip-hop culture.
Distil Networks, the startup founded by NCSU alumni that battles malicious "bot" networks, has big plans for expansion with more workers coming to Raleigh after securing $10 million in new financing. Its new backers are high-profile, too.
Tom Furr, CEO at Durham-based PatientPay has plenty of good news to share with Triangle entrepreneurs: About the company he leads; about jobs; and about how a Triangle firm accomplished something that is very uncommon - attracting investment from Silicon Valley. WRAL TechWire Insiders get the entire story.
A computer hacker who helped the government disrupt hundreds of cyberattacks on Congress, NASA and other sensitive targets and cripple the hacktivist crew known as Anonymous will serve no more time in prison after being sentenced Tuesday to time served.
The first Cryptolina Bitcoin Expo is happening August 15 and 16 at the Raleigh Convention Center. It's the latest and largest of a series of recent local events gathering people to discuss and share about the opportunity surrounding Bitcoin. Laura Baverman has the details.
PatientPay, which provides cloud-based payment services to more than 30,000 healthcare providers, is announcing later today a $2.5 million investment from San Francisco-based Mosaik Partners.
Visa and MasterCard are renewing a push to speed the adoption of microchips into U.S. credit and debit cards in the wake of recent high-profile data breaches, including last week's revelation that hackers stole consumer data from eBay's computer systems.
The attack follows several other high-profile data security incidents, including a massive breach at Target stores and the recent discovery of the "Heartbleed." computer security flaw. Heartbleed is a point of weakness in a key piece of security technology used by more than 500,000 websites that had been exposing online passwords and other sensitive data to potential theft for more than two years.
Fast-growing data center, cloud and IT services provider Peak 10 is being sold for the second time in four years, and CEO David Jones sees the deal as an opportunity to grow the Charlotte-based company even faster. The deal also further establishes Jones' legacies as one of North Carolina's top technology pioneers. WRAL TechWire Insiders can read all about the deal in an exclusive Q&A with Jones.
David Jones, CEO and founder of Peak 10, expects the company to grow under new management. . WRAL TechWire Insiders can read all about the deal in part two of our exclusive Q&A with Jones.
Charlotte-based Peak 10, which operates data centers in the Triangle and across nine other cities, is being sold from one private equity firm to another. The deal is likely to mean further expansion for the company founded in 2000 by Charlotte entrepreneur David Jones.
Federal Communications Commission Chairman Tom Wheeler is broadening the scope of his proposed open Internet rules and suggesting tougher standards for Internet providers who wish to create paid priority fast lanes on their networks.
CareLulu, one of four companies that are about to emerge from The Startup Factory's accelerator program, hopes to be the Kayak of daycare. Need childcare to meet your specific needs? CareLulu's founder (a chemical engineer by trade) and his wife did. So they started a company. The couple believes the company has a secret sauce that will help parents, daycare providers and investors cash in on a big, multi-billion dollar opportunity. WRAL TechWire has the exclusive interview with Patrick Matos for our Insiders on how the company aims to save parents "time and sanity."
The changes mean anyone signing up for Netflix's video subscription service beginning May 9 will pay $9 per month for in the U.S. The old price of $8 per month will continue until May 2016 for Netflix's existing 36 million U.S. subscribers.
Wall Street is pummeling Wake Forest-based PowerSecure after a disappointing earnings call and a cut in financial projections. Shares plunged 60 percent after the company went from a 4-cent-per-share profit a year ago to a 17-cent-per-share loss in the first quarter even though revenues jumped 17 percent. Outspoken CEO Sidney Hinton went out of his to repeatedly apologize for the energy company's performance. He asked for patience and trusts from customers as well as investors. Five analysts firms downgraded the stock, however, and investors are bailing.
Tuee is short for "The Universal Eating Experience," and the four-person team is turning funding from The Startup Factory as well as angel investors into a fast-growing business. Their aim is to help restaurants' customer data into actionable intelligence. So far, so good, says founder Vikram Rao. And they're hiring.
Just call Jud Bowman "Mr. Growth." Fresh from a new product launch in February and $5 million in funding raised in November, mobile apps services firm Appia has added 6 million downloads since January to reach 75 million. Revenue surged in 2013, and now CEO Jud Bowman has his eyes focused on reaching 100 million downloads. Facebook is No. 1 at 350 million, but Appia is charging hard. When asked if Appia might be the Triangle's next IPO candidate, however, he isn't talking. WRAL TechWire goes one-on-one with Bowman for our Insiders.
Under the program, users must link their Amazon.com account with their Twitter account. Then they need to add the hashtag #AmazonCart when replying to a tweet that has an Amazon product link. The product will then be automatically added to their shopping cart.
Ecommerce services provider ChannelAdvisor, which went public a year ago, reports record revenues for its most recent quarter - a 30 percent jump - and CEO Scot Wingo has aggressive plans to drive even more growth. That means more jobs. "Of course we have an aggressive plan," Wingo says, "which means you can't rest."