Posts tagged “Local Firms”
Partners Chris Heivly and Dave Neal on Monday disclosed their four latest emerging ventures - and Heivly says each meet specific critera. Top of the list: a "bad-a**" mind set followed by a market "that we find interesting." So who are these startups and what are the plays? One could do for the spoken word what Pandora has done for music. An exclusive interview for WRALTechWire Insiders delivers the inside story.
"We must acknowledge that while 2013 was an important year of transformation, our performance did not meet our expectations," Ginny Rometty said over the weekend in a letter to investors in the company's annual report. "While we continue to remix to higher value, we must also address those parts of the business that are holding us back."
Dennis Gillings, the co-founder of Quintiles, and other investors in the world's largest life science services company, are looking to cash in on Quntiles' IPO from last year. According to an SEC filing made early Monday, they are offering some 17.5 million shares worth $939.3 million.
A week ago, the Wall Street Journals' Re/code quoted a Lenovo marketing executive as saying that Hollywood star and entrepreneur Ashton Kutcher was working with the company to create a smartphone. Lenovo says that's not true but offers no other insight.
Working with Uhuru Software, Red Hat is now incorporate a rival Microsoft product - .NET - to its three-year-old OpenShift platform-as-a-service. Really? Red Hat even published a blog to explain what's going on to those who might find the concept a bit unbelievable.
Before anyone could ask a question, the Raleigh-bound South by Southwest recruiting team bolted from HQRaleigh in a motor home, speeding off on a multi-day road trip. So why is Raleigh sending a team, including Mayor Nancy McFarlane, and why is Justin Miller taking some time off from startup WedPics? WRALTechWire checks in with the team and "the tattooed guy" Miller, who is the Raleigh ambassador, while they are burning up miles on I-85.
Raleigh Mayor Nancy McFarlane and a team of entrepreneurs plus city staff, are headed to the South by Southwest festival in Austin, Texas, But they are going hunting for entrepreneurs and companies who might want to locate in the capital of North Carolina than the capital of the Lone Star State.
Today's "Startup blog" - the first in a regular addition to WRALTechWire's lineup - focuses on Triangle and NC startups, an IPO update, and a kickstarter success. Check out details about Square 1 Bank, NC IDEA's application deadline, CED's fund-raising series, Mohu's kickstarter success, and a mentoring program from Up Global NEXT.
A new American Underground workspace in Raleigh might make it easier for Triangle entrepreneurs to get their businesses started.
J. Craig Venter, the man who raced the U.S. government to sequence the first human genome, has a new goal: Help everyone live to 100, in good health. And one of his first partners is RTP-based Metabolon, where he serves as a scientific adviser.
The upfit of the new HQRaleigh in the city's Warehouse District is continuing even as startups and other ventures who have already leased most of the space prepare to start moving in on Friday. Check out WRALTechWire's photo tour.
"If the founders of Daylight Books can pull off their latest feat in art industry innovation, then they'll help dozens of emerging contemporary artists and photographers around the world add new fans and revenue streams for their work," reports ExitEvent Editor Laura Baverman.
Editor's note: Jim Shamp, director of public relations for the N.C. Biotechnology Center, reached out to The Wall Street Journal after a recent story warned that the deadly "chikungunya" virus is headed for the U.S. A Raleigh firm - Arbovax - could have a solution, he said. WRALTechWire suggested that he write a blog about what occurred. He did. We reprint it in full.
The New York Times and Financial Times report that workers at an IBM plant near Hong Kong have continued a strike for the fourth consecutive day. They are protesting the sale of IBM's x86 server business to Lenovo. IBM says it hopes workers will accept the transfer.
Metabolon will utilize its proprietary molecular technology to help Human Longevity Inc., the new company led by genome pioneer Craig Venter, to find indications of disease and gene mutations.
The First Flight Venture Center in RTP and Virginia-based Launch Place are teaming up to put on "The Big Launch Challenge" in which startups will compete for top prizes of up to $15,000 each.
Raleigh M2M firm sold; Metabolon's new deal; Red Hat expands 'cloud;' FDA nod for OxyBio; Pozen cuts losses; reboot costs TransEnterix
In today's Bullbog blog rounding up the latest tech and life science news: Raleigh-based Jazz Wireless is sold; Metabolon makes a deal with Craig Venter firm; Red Hat joins AWS GovCloud; Oxygen Biotherapeutics can advance research on brain treatment; Pozen cuts its losses; and TransEnterix losses mount as company reboots.
Workers in the U.S. aren't expressing much sympathy for IBMers in China who are protesting layoffs and the sale of Big Blue's x86 server business to Lenovo. Why? If your job was off-shored, how would you feel?