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Posts tagged “Red Hat”

Updated May 16

Profiling CED's first four Entrepreneur Hall of Famers

In announcing the first four selections for the new Entrepreneur Hall of Fame, the Council for Entrepreneurial development also provides succinct biographies. Here they are - with photos.

Dennis Gillings, center, rings in NYSE action Dennis Gillings, center, rings in NYSE action

Updated May 13

CED Entrepreneur Hall of Fame picks pioneers Dougherty, Gillings, Hutchison, Young

The Council for Entrepreneurial Development's new Hall of Fame is kicking off with a powerful lineup of honorees: The father of venture capital in North Carolina, the co-founder of Quintiles, a longtime tech industry lawyer, and the irrepressible co-founder of Red Hat.


Updated April 29

Premium Lock SAS: IoT, machine learning are transforming utilities

Power grid A new white paper from SAS reports that the Internet of Things and machine learning are transforming the nation's utilities industry as they seek to build an ever-smarter grid for services delivery.

Updated April 27

Full Steam Ahead Awards salutes NC's entrepreneurs

At Tuesday's Full Steam Ahead Awards presented by WRAL Tech Wire at Motorco in Durham, 12 entrepreneurial companies were recognized with the customary conductor's hat and train whistle as leaders in their category. Another five individuals were recognized for their careers of service.

The Reward Stock team The Reward Stock team

Updated April 27

Double winners: HQ Raleigh, Red Hat share Full Steam awards spotlight

Full Steam Ahead awards  HQ Raleigh and Red Hat each captured two awards in WRAL TechWire's fourth "Full Steam Ahead Awards" on Tuesday night. Dave Rizzo, foounder of NC IDEA and IDEA Fund Partners, and Research Triangle Regional Partnership CEO Charles Hayes are among five lifetime service award recipients.

April 21

Premium Lock Seven pieces of insight, advice for startups from Red Hat CEO

Jim Whitehurst  Jim Whitehurst, one of the Triangle's best known tech leaders tells lessons learned from getting Delta Airlines out of bankruptcy to hiring the best talent at Red Hat to acquiring Ansible in 2015

April 20

Premium Lock Red Hat beefs up 'cloud' offering; new cholesterol drugs falter; Airbnb updates; EU-Google battle intensifies

Bulldog In today's Bulldog wrapup of technology and life science news: Red Hat expands its cloud offerings; new cholesterol lowering drugs hurt by prices; Airbnb updates its offerings; and the EU vs. Google battle intensifies.

April 7

Premium Lock Red Hat 5-year plan: $5B in revenue, doubling work force

Red Hat just last year cracked $2 billion in revenue for the first time - a strong growth rate of 15 percent. But CEO Jim Whitehurst is far from satisfied. he wants $5 billion in five years - and he says the Hatters will have to double the size of their work force to get there.

Jim Whitehurst Jim Whitehurst

April 7

Premium Lock Hospital: Red Hat software not exploited in ransom hack

Red Hat           Vulnerabilities in Raleigh-based Red Hat JBoss software were not the reason why MedStar Health was hacked recently, the hospital chain says. MedStar issued a statement Wednesday about the incident after an Associated Press story reported that hackers did exploit flaws.

Tags: Red Hat
April 6

Premium Lock Red Hat offers own blockchain alternative to BitCoin

Bitcoins     Companies seeking to explore new digital currency alternatives beyond the BitCoin phenomenon now have an opportunity through Red Hat. The Linux giant is offering so-called blockchain support.

Updated March 23

Premium Lock Red Hat CEO: How the 'cloud' helps drive revenues past $2B

Jim Whitehurst is one happy CEO, and the top executive at Red Hat has multiple reasons for smiling as the Raleigh-based open source software and solutions provider topped $2 billion in revenue for the first time. A big revenue driver is "cloud computing," as Whitehurst explains to Wall Street analysts in a conference call Tuesday evening.

Red Hat's open cloud solution vs. "closed" Red Hat's open cloud solution vs. "closed"

March 1

Premium Lock Red Hat aims to make IoT easier reality in M2M world

Using IoT - short for Internet of Things - is easy as hype. Reality is a different matter. On Tuesday, Red Hat said it is launching a partnership with machine-to-machine tech provider Eurotech to help enterprises bridge the gap between hype and reality for operational technology.

February 17

Premium Lock Red Hat, Google discover 'critical' Linux security flaw

The penguin is the symbol for Linux  Engineers at Red Hat and Google have discovered what is termed a "critical" flaw in Linux and "remote code execution is possible." The companies are recommending that Linux users - including numerous versions of Red Hat Enterprise Linux - fix the bug immediately. Google calls the joint discovery of the bug "an amazing coincidence."

Updated December 30, 2015

Premium Lock Red Hat an analyst top '16 pick; Kalobios bakruptcy; Apple's $350M tax deal; offensive trademarks case

Bulldog In today's Bulldog wrapup of technology and life science news: Red Hat is a "top pick" for 2016 according to one Wall Street analyst; Kalobios files for bankruptcy; Apple agrees to pay $350 million in Italian tax case; and a federal appeals court says offensive trademarks can't be rejected.

December 24, 2015

Premium Lock Inside Red Hat's remarkable streak: 55 consecutive quarters of revenue growth validat Hatters as gold standard for open-source hybrid cloud management

Red Hat Analysis: A 55th straight quarter of revenue growth demonstrates the enduring strength of Raleigh-based Red Hat, reports Technology Business Research analyst Andrew Smith.

December 22, 2015

Premium Lock Red Hat CEO: 'State of the Red Hat Union is secure'

Looking ahead to 2016, Red Hat CEO Jim Whitehurst is brimming with confidence. After an earnings report that beat expectations and seeing 20 analysts in one day - one day! - raise their share target price last week, Whitehurst says he has numerous reasons to be confident.

Jim Whitehurst  Jim Whitehurst

Updated December 18, 2015

Premium Lock 20 analysts up target for Red Hat stock; investors drive shares higher

Bullish  Red Hat's quarterly financials and revenue forecast are generating excitement on Wall Street with a whopping 20 analysts upping their expectations. Shares soared more than 6 percent to a new 52-week high after the Hatters disclosed earnings Thursday, and Friday morning 20 analysts firms upped their share target prices to as high as $98.

Updated December 18, 2015

Premium Lock Former SAS exec Jim Davis takes chief marketing officer post an Informatica

Jim Davis, the long time executive vice president and chief marketing officer at SAS, is taking on the same title at Informatica. In an interview Friday, Davis disclosed what he will be doing at the California-based big data company and why he chose to leave SAS. Informatica's CEO says he's glad to have Davis onboard.

Jim Davis   Jim Davis

Updated December 18, 2015

Premium Lock Red Hat shares surge despite strong dollar cutting into earnings

Red Hat           Red Hat shares surged more than 6 percent in after-hours trading to a 52-week high Thursday after earnings beat Street expectations. Revenue fell short a bit short of estimates. And its earnings forecast is mixed. A strong dollar cut significantly into Red Hat's performance. But investors like what they heard.

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