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Posts tagged “Red Hat”

Updated 6:45 a.m. Thursday

Losing streak ends for Goodnight, billiionaires; Triangle stocks rebound, too

Jim Goodnight  Wall Street's big stock rally on Wednesday helps the world's billionaires snap a money losing streak, according to Bloomberg Billionaires. That rebound includes Cary's Jim Goodnight, who regains more than $200 million of his fortune. Meanwhile, Triangle stocks rebound as well led by Red Hat.

Updated 10:48 a.m. Tuesday

Red Hat ranks No. 26 on Forbes 'World's Most Innovative Companies' list

Red Hat         Innovation at Red Hat earns the Raleigh-based open source software and services firm the No. 26 spot on the 2015 Forbes "World's Most Innovative Companies" list. Who's No. 1? Tesla. There are a few other Triangle connections, too.

Updated 4:22 p.m. Monday

Cree, Novozymes buck negative trend on Wall Street's 'Manic Monday'

On what's being called "Manic Monday" with the Dow and Nasdaq plunging before recovering then dropping again, Durham's Cree and Novozymes, which has a big presence in Franklinton, bucked the selloff. Take at look at the WRAL TechWire "30" for a snapshot of Triangle tech and life science stocks.

Tracking Triangle tech, biotech stocks Tracking Triangle tech, biotech stocks

Updated August 19

Premium Lock Red Hat: We remain 'active and strong' IBM partner

Red Hat         IBM's highly publicized launch of two Linux mainframe servers earlier this week barely made mention of Red Hat while playing up Red Hat rivals. That raised eyebrows at the HQ of WRAL TechWire, so we asked the Hatters: What's going on? Then there's the Open Mainframe Project. Is Red Hat involved? Our Insiders get the story.

Updated August 17

Premium Lock New Linux mainframes show hardware isn't dead at IBM

Big Blue is rolling out new mainframes focusing on open source Linux, a sure sign that hardware isn't quite dead at IBM. Mainframes remain a profit center even as IBM has shed in recent years its PCs, printers, point-of-sale and x86 server businesses as well as semiconductors.

Tags: IBM, Red Hat, Linux
Updated August 11

Red Hat pays tidy sum to add Deutsche Bank CIO to board

Just after the markets closed Monday, Red Hat disclosed that it had added Deutsche Bank Chief Information Officer Kim Hammonds to its board of directors. And she receives a compensation package that includes $550,000 in stock over three years plus $92,500 a year in cash (if she wants it) annually.

Kim Hammonds Kim Hammonds

Tags: Red Hat
Updated August 10

We need your help to tackle IT gender gap, writes Red Hat intern

Diversity Kristen DeMaria, a senior at Elon University and an intern at Red Hat, writes in a blog at opensource.com that everyone in the IT industry needs to pitch in to help address the gender gap. How? By educating young women and girls about potential career possibilities.

August 4

ChannelAdvisor hires Red Hat exec as new chief financial officer

ecommerce          Ecommerce services provider ChannelAdvisor is getting a new chief financial officer: Red Hat's Mark Cook. It's the second big management change for ChannelAdvisor since May. Meanwhile, the CFO who helped take ChannelAdvisor public is retiring.

July 31

Premium Lock Looking for tech job? Mobile apps skills in high demand

Help wanted sign      A new survey of businesses from Fortune 500 to small firms finds that companies are looking to hire mobile apps developers in big numbers. The top needs? WTW Insiders find out what the Red Hat survey discovered.

July 10

Premium Lock Cempra drug; Apple iOS 9 beta; states where women earn least, Red Hat CEO

Bulldog In today's Bulldog technology news update: Cempra pneumonia drug; NC 14th among states where women earn least; Apple iOS 9 besa released; Red Hat CEO on the agenda at Fortune Brainstorm TECH.

July 3

Premium Lock GSK's HIV drug deal with China; inside IBM's Wimbledon bunker; Red Hat adds SAP to cloud; Tesla sets record; Wi-Fi in Cuba

Bulldog In today's wrapup of technology and life science news: GSK makes an HIV drug deal with China; going inside IBM's bunker at Wimbledon; Red Hat adds SAP support to cloud services at Amazon; Tesla sets a record for car deliveries; and Cuba gets Wi-Fi hot spots.

June 29

Premium Lock Google (and Red Hat) lose in Java copyright case vs. Oracle

Oracle The Supreme Court is staying out of a long-running legal battle between technology giants Oracle and Google over copyright protection for a computer program that powers most of the world's smartphones and computer tablets. Red Hat had allied itself with Google in the case.

Updated June 25

Premium Lock Cree stock plunges on LED restructuring; layoffs coming?

Cree's dimmable 90-watt LED bulb As the stock markets closed Wednesday, Cree announced a restructuring plan, a big cut in its revenue forecast and a $500 million share buyback plan. Wall Street reaction was immediate Thursday: Shares fell 10 percent to a new 52-week low. Will the slide continue today? Will there be layoffs?

Updated June 25

Premium Lock Remembering Triangle's first 'disruptors' from 2007 - and warnings still relevant today

The late Neal Page, Ryan Allis, Jud Bowman, Bob Young and their companies (Inlet, Broadwick, Motricity, Red Hat) were branded among the original "disruptors" by Business 2.0 magazine in 2007. WTW takes a look back at them in light of Cisco's new "Digital Vortex" report on the latest "disruptor" trend.

Ryan Allis, left, and Jud Bowman: "Disruptors" Ryan Allis, left, and Jud Bowman: "Disruptors"

June 24

Premium Lock Report: 'Cloud' services not necessarily cheaper than internal platforms

Is "cloud computing" cheaper than running information technology applications on your own internal resources? It's often touted that way, but a new report from Information Services Group says "cloud" is not always cheaper. WTW Insiders can access the details.

Pricing in the "cloud" Pricing in the "cloud"

Updated June 24

Premium Lock 'Out of box' solutions: Red Hat, NetApp. Cisco partner to drive OpenStack

OpenStack Red Hat is making a great deal of news at its annual Summit this week in Boston, such as going mobile, its partnership with Samsung, and the naming of a new CFO. Not to be overlooked is the partnership between Red Hat, Cisco and NetApp - all with deep roots in the Triangle - to drive more "cloud" and application solutions based on OpenStack. Here's a Hatter's view.

Updated June 24

Premium Lock Mobile apps showdown: Red Hat-Samsung vs. Apple-IBM

Red Hat         Red Hat wasted no time in capitalizing on news about its mobile apps suite based on FeedHenry technology acquired last year. Tuesday evening, just hours after announcing it's going mobile, Red Hat disclosed a partnership for apps with Samsung, taking direct aim at the Apple-IBM partnership in the same arena.

June 23

Premium Lock Red Hat goes mobile with new app development platform

Red Hat to buy FeedHenry Red Hat is going mobile with a new suite of applications built around technology it acquired last fall with the purchase of FeedHenry. The Red Hat Mobile Application Platform is designed to help customers speed up, simplify and integrate app development.

Updated June 22

Premium Lock Red Hat pays hefty price for new CFO: $4M signing bonus, $9M in stock, $500,000 to move

How badly did red Hat want Frank Calderoni, the former chief financial officer of Cisco, to become its new CFO? Try $13.5 million in cash and stock - plus an annual salary of $685,000 and an annual bonus potentially matching that salary.

Frank Caldceroni Frank Caldceroni

Tags: Red Hat
Updated June 22

Premium Lock Red Hat names former Cisco exec as new chief financial officer

Red Hat         Frank Calderoni, a former executive with Cisco, is Red Hat's choice as its new chief financial officer. Calderoni will replace Charlie Peters, who is retiring. Calderoni is getting a $4 million bonus plus up to $9 million in stock to take the job.

Tags: Red Hat
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