TECHWIRE 30
(CIX: WRAL30)  1,218.53  down arrow-0.8  (-0.07 %)  Updated: 02:51 PM EDT, May 22 2015
(NQ: Apple)  132.69  up arrow+1.3  (0.99 %)  Updated: 02:50 PM EDT, May 22 2015
(NY: QUINTILES)  69.61  up arrow+0.9  (1.31 %)  Updated: 02:50 PM EDT, May 22 2015
(OP: BASF SE)  96.95  down arrow-1.1  (-1.12 %)  Updated: 02:43 PM EDT, May 22 2015
(NQ: BioCryst)  11.42  up arrow+0.12  (1.06 %)  Updated: 02:49 PM EDT, May 22 2015
(NQ: BioDelivery)  8.06  down arrow-0.44  (-5.12 %)  Updated: 02:50 PM EDT, May 22 2015
(NQ: CEMP)  36.17  down arrow-0.48  (-1.31 %)  Updated: 02:50 PM EDT, May 22 2015
(NQ: Cisco Systems)  29.37  down arrow-0.06  (-0.2 %)  Updated: 02:51 PM EDT, May 22 2015
(NQ: Cree)  30.68  up arrow+0.12  (0.39 %)  Updated: 02:51 PM EDT, May 22 2015
(NQ: DARA)  0.71  down arrow-0.01  (-1.3 %)  Updated: 02:41 PM EDT, May 22 2015
(NY: EMC CORPORATION)  26.90  up arrow+0.11  (0.41 %)  Updated: 02:51 PM EDT, May 22 2015
(NQ: Extreme Networks)  2.62  up arrow+0.02  (0.58 %)  Updated: 02:51 PM EDT, May 22 2015
(NQ: FB)  81.05  up arrow+0.57  (0.7 %)  Updated: 02:51 PM EDT, May 22 2015
(NY: GLAXOSMITHKLINE)  45.39  down arrow-0.18  (-0.38 %)  Updated: 02:50 PM EDT, May 22 2015
(NQ: GOOG)  541.11  down arrow-1.4  (-0.26 %)  Updated: 02:50 PM EDT, May 22 2015
(NY: IBM)  172.70  down arrow-0.64  (-0.37 %)  Updated: 02:51 PM EDT, May 22 2015
(NY: LH)  121.60  up arrow+1.24  (1.03 %)  Updated: 02:50 PM EDT, May 22 2015
(OP: Lenovo Group)  33.36  down arrow-1.44  (-4.14 %)  Updated: 02:47 PM EDT, May 22 2015
(NY: MRK)  59.41  down arrow-0.69  (-1.15 %)  Updated: 02:51 PM EDT, May 22 2015
(NQ: Microsoft Corp)  47.02  down arrow-0.4  (-0.84 %)  Updated: 02:51 PM EDT, May 22 2015
(NQ: NTAP)  33.15  up arrow+1.38  (4.34 %)  Updated: 02:51 PM EDT, May 22 2015
(NY: NOVARTIS AG)  103.90  down arrow-0.89  (-0.85 %)  Updated: 02:50 PM EDT, May 22 2015
(OP: Novozymes A/S)  46.98  down arrow-0.42  (-0.89 %)  Updated: 02:49 PM EDT, May 22 2015
(NY: PFIZER)  34.37  up arrow+0.01  (0.01 %)  Updated: 02:51 PM EDT, May 22 2015
(NQ: Pozen)  6.70  up arrow+0.03  (0.45 %)  Updated: 02:49 PM EDT, May 22 2015
(NY: RED HAT)  78.99  up arrow+0.16  (0.2 %)  Updated: 02:50 PM EDT, May 22 2015
(NQ: BBRY)  10.48  up arrow+0.21  (2.04 %)  Updated: 02:50 PM EDT, May 22 2015
(NQ: Salix)  172.81    (0 %)  Updated: 08:10 PM EDT, Apr 01 2015
(NQ: SQI)  15.14  down arrow-0.43  (-2.76 %)  Updated: 02:50 PM EDT, May 22 2015

Posts tagged “Local Firms”

10:44 a.m. today

Apple-IBM apps for Watch go enterprise IT; Uber loses in France; FAA apps target delays; PayPal going mobile; PowerSecure solar at Cree

Bulldog In today's Bulldog wrapup of technology news: Apple and IBM unveil enterprise apps for the Watch; Uber loses legal case in France; PayPal is going mobile; the FAA hopes apps will fight flight delays; and PowerSecure teams with Cree for a solar project in Durham.

9:35 a.m. yesterday

HP sells China server unit; Peak 10 grows in Triangle; Time Warner Cable back in play?; Spotify expands; PayPal's $25M fine

Bulldog In today's Bulldog wrapup of technology news: HP is selling its server business in China; Peak 10 expands in the Triangle; will Altice buy Time Warner Cable?; Spotify adds more services; and PayPal pays $25 million settlement.

Updated 7:14 a.m. yesterday

Lenovo revenues surge 20% but profit misses analysts expectations

Lenovo banner at a trade show      Lenovo, its income driven up 20 percent over the past year due in part to $5 billion in acquisitions, didn't deliver on the amount of profit financial analysts had forecast in its annual financial report issued early Thursday.

7:10 a.m. yesterday

Premium Lock Lenovo's 'attacking' strategy: Targeting the 'social mobile Internet'

If only one thing has become clear to most observers about Lenovo's top executive Yang Yuanqing since the company bought IBM's PC business a decade ago, it's this: He's always on the attack, looking to grow the world's No. 1 PC manufacturer. His new target of opportunity: What he calls the "social mobile Internet." And that means continuing change for the company, which already has diversified into a global powerhouse.

Lenovo's "YY" takes a selfie at kickoff meeting in Raleigh Lenovo's "YY" takes a selfie at kickoff meeting in Raleigh

9:46 a.m. Wednesday

Premium Lock 'Introducing PfizerKline'? Wall Street analysts sees Pfizer buying GSK

Pfizer  Where there is smoke is there fire when it comes to rumors that Pfizer might try to buy troubled GlaxoSmithKline? A Wall Street analyst is the latest to speculate that a mega merger could be in the works.

Updated 10:47 a.m. Monday

Cree to spin off power, radio frequency business, hires Frank Plastina to lead it

Cree plans to split into two companies, disclosing plans Monday to spin off its profitable power and radio frequency chip business. It already has hired an executive to serve as CEO - Triangle tech veteran Frank Plastina. The move will help current Cree management to focus on its LED business while at the same time generating capital for the power and RF subsidiary, the company says. Wall Street immediately sent Cree shares up 4 percent.

Frank Plastina  Frank Plastina

10:45 a.m. Monday

Premium Lock Cree is spinning off a very profitable if small venture in IPO

Cree's Chuck Swoboda Cree could very well cash in on the proposed spin-off of its Power and RF (radio frequency) businesses. While the group makes up only 6 percent of Cree's annual revenues, its products have a high gross profit margin. And Cree's top exec recently predicted continued growth while LEDs face challenges.

5:59 a.m. Monday

BlackGirls Code, Bandwidth hackathon, Triangle Startup Weekend TrailBlazers, Internet Summer Social highlight upcoming tech calendar

Social networking WTW is expanding its weekly calendar. Why? Because more people than ever are looking for information and organizers are submitting an ever-increasing number of events. So be sure to check each Monday for the latest event update. WTW has details on four recent additions to the Triangle's always busy technology events calendar: BlackGirls Code chapter launch; a Bandwidth.com hosted hackathon, the next Triangle Startup Weekend event, and an International Summer Social from the Organization of Women in International Trade.

5:38 a.m. Monday

WTW news in review: Last week's 60 headlines (Part 1)

Week in review Here's a look back at technology, life science and other related news as reported in WRAL TechWire last week. We published so many stories last week, we had to post this in two parts.

5:32 a.m. Monday

WTW news in review: Last week's 60 headlines (Part 2)

Week in review Here's a look back at technology, life science and other related news as reported in WRAL TechWire last week. We published so many stories last week, we had to post this in two parts.

Updated May 15

Author, author! Why Red Hat's CEO wrote 'The Open Organization'

CED tech icons panel: A conversation with the greats Jim Whitehurst, CEO of Raleigh-based Red Hat, is now an author, too. His book, "The Open Organization," is due in stores on June 2. So why did he take time out of a busy schedule running the world's leading open-source Linux software and services firm to write?

Updated May 15

Premium Lock Report: Lenovo may acquire Taiwan-based gaming notebook business

Lenovo banner at a trade show      Lenovo, the world's No. 1 manufacturer of personal computers, may try to strengthen its lineup by acquiring the gaming notebook business of Taiwan-based Micro-Star International, sources say.

May 14

'Venom' security risk hits cloud; Red Hat warns about vulnerability

Red Hat       The world of "cloud computing" has been hit by another serious security vulnerability called "Venom." Raleigh-based Red Hat warns that "all" of its products that include a particular open source tool are vulnerable.

May 14

Quintiles buying $250M in investor shares; BioCryst drug trial; AT&T-Hulu deal; new Leovo phones; Tumblr vs. bullying

Bulldog In today's Bulldog wrapup of technology and life science news: Quintiles is buying back $250 million in stock as investors sell shares; BioCryst prepares for new drug trial; AT&T makes a deal with Hulu; Lenovo is unveiling new phones in China; and Tumblr targets bullying.

May 13

Lenovo's first 'Tech World' draws Intel, Microsoft CEOs as speakers

Lenovo banner at a trade show      Lenovo is putting on a star-studded "Tech World" event in Beijing later this month with the CEOs of Intel, Microsoft and Baidu delivering keynote addresses along with Lenovo chair and CEO Yang Yuanqing.

May 13

Samsung's 'smart' push; Square 1 exec changes; ChannelAdvisor layoffs; honoring Sagan; liquid biopsies

Bulldog In today's Bulldog wrapup of technology and life science news: Samsung launches a new push into "smart" devices; executive changes at Square 1 Bank; ChannelAdvisor confirms layoffs; honoring Carl Sagan; and new liquid biopsies could transform cancer treatment.

Updated May 11

GSK, UNC-Chapel Hill form company to seek HIV cure

Drug giant GlaxoSmithKline is teaming up with the University of North Carolina at Chapel Hill in an attempt to find a cure for AIDS. The two will form a new company called Qura Therapeutics and will launch an "HIV Cure Center" in Chapel Hill. GSK is committing $20 million over the next five years to fund the project.

Updated May 11

Chimerix could earn $435M for smallpox biodefense contract

Durham-based Chimerix could earn as much as $435 million under a federal contract for its smallpox drug if a 5-year contract is awarded as expected, the firm said Monday.

How Chimerix anti-virals work How Chimerix anti-virals work

Updated May 11

Lenovo confirms layoffs, says 235 people lose jobs in server group

Layoffs        Lenovo confirms that it is cutting jobs in its x86 server business with 235 people being told Monday they were being laid off. Of those, 155 are based in the Triangle, a company spokesperson says. Lenovo only cut jobs in the U.S. Some contractors also were let go.

May 11

Consumer Reports: Lenovo cites 'missteps' on the new LaVie Z laptop

Consumer Reports notes that Lenovo's award-winning, "superlight" coveraible laptop LaVie Z is being shipped with "some flaws." Buyers are being offered a 5 percent discount. The laptop was a huge hit at the Consumer Electronics Show in January.

Lenovo's LaVie Z Lenovo's LaVie Z

Techwire Inside Partners
The Skinny: A Blog by Rick Smith