Posts tagged “Local Firms”
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.
Jim Goodnight runs the world's largest privately held software company with more than $3 billion in revenues and operations from China to Latin America. Yet the billionaire founder of SAS continues to invest in jobs and in facilities at the company's Cary headquarters. On Tuesday, he unveiled the latest building - a massive structure named "Q" - and he talked about more jobs. So why build in N.C.? There are many reasons, perhaps none more than old-fashion loyalty.
Viamet Pharmaceuticals scrapped its plans for a $75 million IPO on Tuesday. Instead, the Triangle-based company raised $60 million in new capital. At the same time Viamet named former Glaxo CEO Bob Ingram as its chairman and spun off a new venture focused on prostate cancer.
Tens of thousands of doses of experimental Ebola vaccines -including one from GlaxoSmithKline - could be available for "real-world" testing in West Africa as soon as January as long as they are deemed safe, a top World Health Organization official said Tuesday.
Red Hat-SAP mobile deal; Microsoft CEO earns $84M; LabCorp's new HIV test; NC falls to 3rd in biz climate; Honda Aircraft expands
In today's Bulldog wrapup of life science and technology news: Red Hat and SAP partner in the cloud; Microsoft's CEO earns $84 million pay package; LabCorp launches new HIV test; North Carolina slips in a business climate survey; and Honda Aircraft keeps growing in the Triad.
Some local websites run one or two tech stories per day. Others a few more but mixed with a variety of business news. At WRAL TechWire, tech and life science make up the menu with more than 50 stories published over the last five business days. Here's a look back at technology, life science and other related news as reported in WRAL TechWire last week.
In an exclusive Q&A with WRAL TechWire, Dr. Terri Lomax of N.C. State, explains why she is joining the management team at RTI International. But she will remain involved with "InnovateRaleigh." Our Insider subscribers get access to every word.
"Grisly" video game Hatred included Epic Games' Unreal Engine 4 logo in a video trailer and the Cary-based company quickly told Destructive Commons to remove it. The game maker complied, reports gaming website Polygon.
The head of Ebola vaccine research at GlaxoSmithKline tells the BBC that the company's treatment that is now being tested isn't likely to be "the primary answer to this particular outbreak." He concedes GSK could have moved faster.
Dr. Terri Lomax, a vice chancellor at NCSU and a leading proponent of entrepreneurial efforts in the Triangle, is joining RTI International as vice president for discovery, science and technology.
Chimerix says it has FDA approval to launch a Phase 2 clinical trial of its possible treatment for Ebola. The drug has already been administered to two Ebola patients, one of whom died. The new trial will test safety, tolerability and efficacy for Brincidofovir.
Lenovo is putting a new spin on its "protect and attack" strategy by doing a lot of both in its largest market: China. A new company led by the top executive for China and other Asian markets is being formed for launch next April.
LabCorp-LipoScience deal advances; Red Hat's new women awards; a comet landing; eBay's miss; NetFlix plunge
In today's wrapup of tech and life science news: LabCorp's $85M acquisition of LipoScience clears a key hurdle; Red Hat announces women in Open Source awards; a comet landing is at hand; eBay's miss; and NetFlix stock plunges.
Lenovo employees in Research Triangle Park are getting a taste of the great outdoors with every trip to the campus cafeteria. The company has installed six Living Green Walls, custom, plant-covered designs by GSky Plant Systems, Inc.
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 Wednesday, Oct. 15, 2014 as curated by @WRALTechWire.
Hemophilia. Duchenne muscular dystrophy. Epilepsy. Alzheimer's disease. Diabetic retinopathy. Age-related macular degeneration. Osteoarthritis. These are just some of the diseases that Chapel Hill-based Asklepios BioPharmaceutical (AskBio) is working to alleviate through the development and delivery of novel, intracellular protein therapeutics using its cutting-edge Biological Nano Particle (BNP) technology.
Davis Barrow, a 12-year-old from Raleigh who is trying to build a better smartwatch, got some major support this week from Lenovo - a $5,000 check.