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.

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

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.

Report: Microsoft looking at IBM, HP to manage global hardware

Salix pays $5M to Indian firm in deal to develop new version of diarrhea drug

Looking for growth in life sciences? Head east, says Quintiles’ Gillings

Asian revenues will make up a third of the world’s largest contract research organization and life sciences firm within a decade, founder and CEO Dennis Gillings tells Financial Times.

U.S. companies are expanding offshoring efforts, study shows

Annual report from Duke, The Conference Board finds that firms are increasingly shipping research and development outside the U.S., not just manufacturing jobs. More smaller and midsized companies are also shipping jobs to foreign countries.

World Health Organization approves GSK cervical cancer vaccine

Cervarix could save 'millions of women's lives throughout the world,' GSK exec says. Drug giant is seeking FDA approval in U.S.

POSTS - GlaxoSmithKline: Drug giant strikes deal with India’s Dr. Reddy’s, terminates one with Massachusetts firm

IBM prepares rollout for its own 'cloud computing' suite

Big Blue to offer three "flavors" of services – private inside an enterprise, preview for testing and a package including management software.

Asia becoming the darling of venture capital firms

New report further substantiates that the global venture capital market will continue to play an increasing role in venture capital firm investments.

Pfizer honors Quintiles award for data management services

Most venture firms planning fewer investments, global survey says

Few venture capitalists expect U.S. investments to grow. VCs say times are good to invest but overall paint a collective somber picture about their industry in Deloitte and National Venture Capital Association report. Large funds are most likely to cut number and amount of deals.

Venture firm NEA to leave downtown Baltimore, citing crime concerns

Hardest jobs to fill in U.S.? Engineering, employers say in survey

Latest Manpower hardest jobs to fill survey lists engineers, nurses, skilled tradesmen and teachers at top of list.