As Monday morning rolls in, we’re providing TechWire readers with a quick recap of the past week’s news headlines.
Hot stories for April 29-May 5 included: Cary-based Dude Solutions and LORD Corp have been sold; we hear why Cofounders Capital stopped raising its new fund short of the $50 million goal (+the firm shares details on the latest deals); and, pending merger with IBM, Red Hat debuted a new logo atop its downtown Raleigh HQ.
And in national news: Google and Samsung report disappointing earnings while Bandwidth and LabCorp outperform forecasts; WeWork confidentially files for IPO; Facebook pushes “future is private” pivot.
Here’s a look back at 91 local, state and national headlines as reported by WRAL TechWire last week.
MONDAY April 29 Headlines:
- 60 jobs head to Pittsboro as medical device manufacturer expands
- 91% of Triangle entrepreneurs see sales growing; 59% plan to step up hiring
- AT&T launches wireless network focusing on rapidly growing Internet of Things
- Cary-based LORD Corporation is being sold for $3.7B in all-cash deal
- Here’s your guide to 90+ tech and startup meetups across the Triangle
- Headlines: Red Hat backs Google in suit; Fortnite dispute; Apple app crackdown; Marriott vs Airbnb; more
- LORD Corp. CEO: After 95 years and ‘multiple offers,’ the time was right to sell
- Marriott vs. Airbnb? Hotel giant reportedly mulls home rental service
- On June event horizon: Triad BioNight, WE Pitch, FWD, Fintech Generations + more
- Real or virtual reality? Dinosaurs face-to-face via NCSU Digital Makerspace at Moogfest
- Spotify surges past 100M paying customers
- Street expecting 20% growth in revenue by Google parent Alphabet
- TechWire week in review: Rocky Mount series, startup grants among 89 headlines
- Triangle headliners: 80+ events coming up through May
- Upcoming NC event headliners: 66 events for your calendar
- ViiV Healthcare seeks FDA approval for long-term injectable HIV treatment
- WeWork: Durham hub produces 2,000 jobs, $322M in economic impact
TUESDAY April 30 Headlines:
- Cofounders Capital stops new fund at $31M; original target was $50M
- Could posting a negative review get you sued?
- Despite $1.9B in losses funding expansion, WeWork confidentially files for IPO
- Dude Solutions expands footprint with its first energy asset acquisition
- Earnings disappointments: Samsung, Google parent Alphabet
- Epic’s new Fortnite ‘Survival Guide’ promises to unlock game secrets
- Ford’s new connected car initiative includes RTP’s Spiffy for on-demand maintenance
- Gateway University Research Park shortens its name, unveils new logo
- Headlines: IBM and smart airports; Cisco’s new CCO; Red Hat software update; Epic vs. Steam
- Here’s why Cofounders Capital stopped raising new fund, who are the investors, and latest deals
- LabCorp beats Street; stock rises on the news
- Merck, which is hiring at NC plants, quadruples profit as drug, vaccine sales soar
- Photo shoot: Moogfest 2019 blurs boundaries between music, art and tech
- Report: Renewable energy output tops coal for first time
- State Energy Conference focuses on future of NC’s power economy
- Streaming, apps help deliver record viewership for Game of Thrones ‘The Long Night’
- Wall Street expecting Apple to report drops in revenue, earnings
- What is ‘privacy-focused’ vision for Facebook? Zuckerberg to explain
- WRAL TechWire Live places lens on social impact for May 21 event
- Zuckerberg as engineer invents a ‘sleep box’ to help his wife get some shut-eye
WEDNESDAY May 1 Headlines:
- Apple’s Cook: Worst over for iPhone; tech giant buying back $75B in shares
- Changing of the colors: Red Hat tower dons a white fedora but keeps vivid red band
- Charlotte-based health insurance startup lands $5M in financing
- FDA approves new electronic tobacco device to be sold in US
- Headlines: SpaceX silence; Fornite parties; Microsoft-VMware access; CED program; Google stock woes
- Here’s Red Hat’s new logo – why change? ‘A much different company’ today
- In good company – Holly Springs entrepreneur invests in his community
- Jim Goodnight: ‘I can’t retire yet – my golf game is terrible’
- LendingTree to move HQ to new mixed-use complex in Charlotte
- National Cancer Institute to work with Triangle consulting firm for grant applications
- Novo Nordisk to build $70M solar farm in NC, wants 100% renewable power
- Red Hat logo adds a new pop of style to Raleigh skyline
- Report details life science industry’s growing importance in helping transform NC economy
- Shingles vaccine sales help GSK beat Street; IQVIA tops expectations as well
- Streaming wars: Hulu customer count soars to 28M, touts new content
- Triangle headlines: Novan, Validic, Precision Biosciences, bluebird, Aerie
- Zuckerberg’s new push: ‘Future is private’ for Facebook
THURSDAY May 2 Headlines:
- Artificial Intelligence and you: Defining, understanding, applying machine learning
- Brand loyalty: Red Hat employees permanently inked with new company logo
- Cree’s CEO to disclose semiconductor expansion, sees $5B ‘opportunity pipeline’
- Cree shares tumble 10% after missing on revenue estimates, forecast
- Epic Games bringing popular Rocket League franchise into its ‘family,’ store
- Gates Foundation awards UNC $14M for research to make childbirth safer
- Here’s why Tesla is making big cuts in costs for solar panels
- Larger Than Life Science event to focus on Durham as ‘City of Medicine’
- Private equity investor praises Raleigh-based insightsoftware’s latest deal, progress
- RTP startup Lindy Biosciences lands $1.6M to drive alternative to IV drug delivery
- Salesforce CEO donates $30M for research into homelessness
- SAS, Goodnight keep demonstrating the power to do good
- Tesla to raise $2B; Musk to buy $10M in company shares
- Triangle headlines: Innovate Biopharma, Liquidia, PRA, MobileSmith, Red Hat, PPD, vTv
- Wake Tech’s first RTP building now includes ‘Lenovo Grand Lobby’
FRIDAY May 3 Headlines:
- Bandwidth reports stronger quarter than Street forecast; stock rallies
- Beyond Meat, a pure-play maker of vegan ‘meat,’ stock sizzles in IPO – up 163%
- Buffett invests in Amazon – ‘I’ve been an idiot for not buying’
- Dude Solutions CEO: Firm could grow even faster than expected now that it’s been acquired
- Facebook may offer cryptocurrency payment system, cracks down on hate speech
- Fast-growing Cary tech firm Dude Solutions is sold; management team stays
- Increasing nighttime warmth is hurting food plant yields, NC scientists say
- Mamma mia! Ikea developing new plant-protein based meatball
- Microsoft Solitaire, Super Mario Kart, Mortal Combat gain hall of fame
- Nearly invisible touch: Haptic gloves add new dimension to electronic music
- Officials map out cybersecurity proposals for 5G network
- ‘Smart home’ security systems aren’t as safe as you think, NCSU researchers warn
- Tesla adds $400M to capital raise – now target is $2.7B
- Tiger Woods’ Masters victory drives excitement, sales for Raleigh golf ecommerce giant
- Triangle among 3 finalists for relocations of 2 USDA operations, 700 jobs
- With 31,000 open tech jobs in NC, Momentum Learning grads begin hunts for new careers
SATURDAY May 4 Headlines:
- 40,000 off to see the Wizard – Warren Buffett – hoping to gain wisdom
- da Vinci mystery solved? Doctors believe nerve damage hindered him late in life
- SpaceX launches supplies to space station, confirms crew capsule destroyed
- UNC professor hails study showing drug treatment can help end AIDS pandemic
