WRAL Tech Wire

 Why did Nortel fail? Veteran reporter gets the inside story

So why did Nortel go bankrupt, causing 8,000 job losses in RTP alone? James Bagnall, the associate business editor of The Ottawa Citizen who followed Nortel closely for years, explains how a "rush to judgment" in 2001 sealed the fate of the former telecom giant.

Going inside Nortel's failure

 Judge OKs Nortel's $67M settlement with U.S. retirees

A bankruptcy judge in New Jersey gave his approval Tuesday to a $66.9 million settlement between bankrupt Nortel and its retired U.S. employees.

 No end to Nortel saga soon: Trial planned for fall

Judges in the Nortel bankruptcy case have decided to bring the debate over some $9 billion in assets to trial this fall.

 Judges to decide Nortel asset settlement with joint trial

Judges in Delaware and Canada have decided to settle claims for bankrupt Nortel's estimated $9 billion in assets through a joint trial.

 Latest chapter in sad Nortel saga begins in courts today

Judges in Delaware and Canada are scheduled today to begin hearings that could decide how the some $9 billion in assets held by bankrupt Nortel are to be divided up.

 Court OKs Nortel $28M settlement with disabled US workers

Bankrupt Nortel Networks has won preliminary court approval to settle a dispute over medical benefits with disabled former employees for about $28 million.

 Nortel's US unit asks for trial to fight $2.7B in UK pension claims

The drawn-out battle for assets of bankrupt telecommunications firm Nortel apparently will continue for the rest of this year as the U.S. business unit asks a bankruptcy judge for a trial to deal with U.K. pension demands.

 Nortel mediation talks about $9B in assets fail; retirees angry

Creditors of Nortel Networks, the defunct telecommunications company, failed to agree on how to divide about $9 billion in cash. A group representing retirees in Canada said the "battle" for benefits would continue.

 Nortel's retirees in US may be near $67M benefits settlement

Retirees from Nortel in the U.S. may soon be getting some good news: A settlement with the bankrupt telecommunications firm worth some $67 million.

 Nortel asset talks continue; disabled workers reportedly reach $28M deal

Creditors receive more time to work out a settlement for some $9 billion in bankrupt Nortel assets. Meanwhile, a hearing has been set for Feb. 14 to discuss a proposed $28 million settlement between disabled U.S. workers and Nortel.

 Haggling over $9B in bankrupt Nortel assets drags on

Creditors of Nortel Networks Corp., the defunct telecommunications company, were asked to extend for four days their negotiations over how to split $9 billion in cash between bondholders and retirees.

 Nortel fraud case dismissed; $9B asset debate begins

The former chief executive of bankrupt Nortel Networks and two former senior executives were found not guilty Monday of falsifying financial reports in what prosecutors said was a scheme to report profits and gain bonuses. In other news, the debate about Nortel's assets begins today in Toronto.

 Apple, Google, RIM win approval to buy Kodak patents

A group of technology companies including Apple, RIM and Google won court approval Friday of a $527 million deal for Eastman Kodak Co. patents that are being sold as part of Kodak's bid to exit bankruptcy protection.

 Nortel reaches $67M settlement with US retirees

Former telecommunications giant Nortel, which is in the process of liquidating its assets, has reached a deal worth nearly $67 million with retired US workers over healthcare benefits.

 Apple, Google, RIM lead group buying Kodak patents for $525M

A group including Apple Inc., Google Inc. and Research In Motion Ltd. agreed to buy patents from bankrupt Eastman Kodak Co. for about $525 million, gaining digital-imaging technology to capture and share pictures.

 In the news: AT&T and NCSU; Red Hat; Bayer CropScience vs. Dow AgroSciences; Cempra; OxyBio

Inside the Bulldog Blog: AT&T expands wireless at NCSU games; Red Hat wins industry honor; Bayer CropScience mulls appeal in Dow AgroSciences suit; Cempra reports gonorrhea drug advance; OxyBio signs deal with Navy.

 In the news: Nortel trial; Vocus hiring; Tengion $15M; ABB backs Marbles; Red Hat's JBoss; Elster execs

Inside the Bulldog Blog: Defense says 'no dishonest acts' in Nortel trial; Vocus hiring in Morrisville; life science firm Tengion raises $15M; ABB funds a smartgrid project at Marbles museum; Red Hat's JBoss name change; Elster names new execs.

 In the news: Nortel, JouleBug, McKinney, SunTech, DARA, Telit

Inside the Bulldog Blog: Nortel trial nears end; startup JouleBug's energy app; Travelocity's gnome contest; blood pressure cuffs from SunTech; DARA stock regains some value; AT&T certifies Telit technology.

 Nortel 'lies;' Nexxus raises $6M; Cree lights Senate; new Centice device; Honda Aircraft

Inside the Bulldog Blog: Lies alleged in Nortel fraud trial; Nexxus in Charlotte raises $6M; Cree LEDs light up U.S. Senate; Centice unveils testing device; Honda Aircraft's $20M building.

 Nortel trial; unlocking AT&T iPhone; GSK drug advances; ChannelAdvisor win; GSK board moves

Inside the Bulldog Blog: Closing arguments set in Nortel trial; AT&T's iPhone 5 can be "unlocked;" GSK drug candidate advances; ChannelAdvisor customer win; GSK adjusts board.