Posts tagged “Other Firms”
Cisco Systems began laying off employees at its Research Triangle Park campus on Tuesday. The company confirmed it is cutting jobs but would not disclose how many. It also is continuing to hire at the site, and laid-off workers can apply for open positions, the company says.
Wall Street analysts and journalists are having a field day with reports that EMC is looking for a merger partner. One analyst says a Cisco-EMC marriage makes sense with VMware as a wedding gift. EMC owns 80 percent of Vmware. Meanwhile, Forbes says an EMC-HP deal "would have been a disaster."
Cisco execs sell $19M in shares; Nortel trial nears end; GSK launches 2 startups; Salix $100M settlement; AT&T Amazon bundle
In today's wrapup of tech and life science news: Several Cisco executives sell $19 million in shares; Nortel's huge bankruptcy trial nears end; GSK launches two startups; Salix reaches a $100M settlement; and AT&T's new entertainment bundle includes Amazon Prime.
Apple, Google and other tech companies have been trying to depict themselves as trustworthy stewards of personal information following revelations that the National Security Agency has been snooping on emails and other communications as part of an effort to identify terrorists. Beyond setting up passcodes, some phones have additional tools for hiding or securing sensitive photos and documents stored on the phone, particularly if you need to lend or show your phone to someone.
IBM is opening a huge data center at its RTP campus. According to an announcement made by Big Blue just after midnight, the so-called "cloud resiliency center" will cover some 72,000 square feet.
Epic Games was never able to bring its mega-selling hit "Gears of War" to the big screen, but the story may have a happier ending for its Infinity Blade. The series, developed for mobile devices to run on Apple's iOS, has sold more than 50 million copies. The game itself is ending but there may be new life for it in Hollywood. John Gaudiosi has the exclusive details for WRAL TechWire Insiders.
EMC, one of the largest manufacturers of data storage products which has a major presence in the Triangle area, is mulling merger and other options, according to The Wall Street Journal. A UK tech news site says a merger with HP with Meg Whitman leading the combined company is a possibility.
Apple's iPhone 6, whose screen measures 4.7 inches, did the best across a variety of tests that measures how prone smartphones are to break due to everyday accidents, according to SquareTrade, a company that provides extended protection plans. The iPhone Plus 6 isn't far behind,
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 nearly 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.
Gigabit Internet access is becoming a reality in the Triangle, and a first-of-its-kind report about the economic impact of ultrafast networks shows that communities where fiber-optic access is deployed are enjoying a "positive impact on economic activity."
The next wave in healthcare is here. And Triangle firms are cashing in. From sensors loaded in earbuds to monitor your health to technology designed to ease the burdens of transcriptions on doctors to helping ailing people better control their homes - all were showcased at the CED's Tech Venture Conference in Raleigh. WRAL TechWire's Allan Maurer has the inside story. And check out the photo slideshow from WRAL's Kelly Hinchcliffe.
IBM is cutting pay 10 percent for employees designated for training after they were determined to have "not kept pace with acquiring skills and expertise needed to address changing client needs, technology and market requirements." Union says move is "outrageous."
Big Blue workers - some determined to be deficient in the latest skills and hit by a 10 percent pay cut - lit up the comments board at the website run by the union seeking to represent IBMers. They talked about the move as being "SCAMS" - a play off an IBM term for "Cloud, Analytics, Mobile, Security and Social."