As Monday morning rolls in, we’re providing TechWire readers with a quick recap of the past week’s news headlines.
Hot stories for August 12-18 included: Xerox is opening a new “Center of Excellence” in Cary, bringing 600 jobs; Pfizer will announce a major expansion at its Sanford facility on August 21; four NC-based companies made the top 100 in Inc.’s 5000 list. Read our analysis of NC CEO earnings data.
Also, check our our coverage of the Raleigh Major esports competition this past weekend.
- Check out TechWire’s comprehensive resource package for Triangle startups.
And in national news: Verizon is selling Tumblr to WordPress; WeWork reports massive losses ahead of its IPO next month; and Cisco cut nearly 500 jobs in Silicon Valley.
Keeping with our Monday tradition, here’s a look back at 77 local, state and national headlines as reported by WRAL TechWire last week:
MONDAY August 12 Headlines:
- Are fake meat burgers really better for your health? A nutritionist raises questions
- Charlotte-based American City Business Journals acquires data site BizEquity
- GSK’s US pharmaceutical president to step down; Merck KGaA exec taking over
- Here’s why Institute for Emerging Issues is rolling out NC Civic Conversations Initiative
- Here’s your guide to 127 industry-specific meetups for Triangle techies and entrepreneurs
- How bad is trade war? China devalues currency again; new reports could show impact
- How you can participate in NC #ListenFirst conversations
- NC headliners: Previewing 42 tech & startup events coming up this month
- Nike jumps into online subscription game with shoe service for kids
- On the NC event horizon: An exclusive preview of September’s busy calendar
- Raleigh hosting $500,000 ‘Six Major’ esports event this week
- Study: Smart speakers are energy efficient but TV voice controls could gobble up watts
- TechWire rewind: NC in running for auto plant; new Raleigh tower; Duke Energy changes + 78 more headlines
- Trade war turmoil, recession fears drive Wall Street down again
- Triangle calendar headliners: 60 events & deadlines through Aug. 31
- We keep making updates to our TechWire Startup Guide – check out the latest additions
TUESDAY August 13 Headlines:
- A blockchain-based web browser? Yes, says IBM
- Cure for Ebola is one step closer – 2 treatments show promise in Africa
- Ex-Duke football players launch Project3d – Using 3D-printing tech to prevent, protect injuries
- Former AT&T NC president touts company’s commitment to Georgia
- From immigrant entrepreneur to head of FDIC: ‘I do believe that the American dream is alive’
- Like us? Buy from us? Kohl’s turns to Facebook in bid to attract millennials
- NC IDEA to host ‘real stories from real entrepreneurs’ event
- NCSU, Elon researchers develop technique to control, reconfigure ‘soft robots’ remotely
- RTP-based AskBio expands gene therapy target list with acquisition of Scottish biotech
- Study: 75% of families with broadband access want security or privacy service
- Verizon selling social site Tumblr to owner of Word Press
- Xerox bringing 600 jobs to Cary
WEDNESDAY August 14 Headlines:
- Analysis: A recombined CBS-Viacom faces huge challenges in streaming wars
- Cash crunch forcing DOT to lay off hundreds of temp workers, contractors
- Explaining the ‘yield curve:’ Why drop in bond markets could mean big trouble for economy
- FAA gives approval for Triangle firm, partner to launch food deliveries by drone
- FDA approves treatment targeting drug-resistant tuberculosis backed by RTI scientist
- Fast-growing Raleigh software firm lands another major West Coast investor
- Is NC still seeking Apple? After 8 months, ‘no change’ in project’s status
- Market relief from Trump delay on some China tariffs may be brief
- NCSU-born ImagineOptix chooses to expand in NC, rejecting chances to relocate elsewhere
- Pacific Western Bank unveils revamped venture banking team, is hiring in Durham
- Pentagon reviewing $10B cloud computing contract for possible misconduct
- Pfizer to announce more jobs, investment at Sanford plant
- Software company Pendo invests in developing talent, sponsors new hire to coding school
- Study: Frequent social media use a more complex threat to teens than just depression
- VetBiz summit features Sageworks founder Brian Hamilton, business opportunities
- WeWork reports nearly doubling of client count but massive losses ahead of IPO
THURSDAY August 15 Headlines:
- Author talks the good, the bad and the ugly of algorithms in Artificial Intelligence
- Bringing tech revolutions to Main Street – RIoT launches support for small business owners
- Buffett’s firm increase stake in Amazon to nearly $1B
- Bull or bear market? Here’s the case to stay calm about markets, recession talk
- Cisco confirms nearly 500 job cuts in Silicon Valley
- Countown to takeoff: Spaceport America debuts as Virgin Galactic prepares for space tourism
- Environment also shaped population variation in first Americans, NCSU study finds
- FDA approves clinical trial for two-pronged Heat Biologics cancer treatment
- Lenovo CEO: Trade war ‘not good for entire society;’ PC prices will increase
- NetApp adding 200 sales people even as trade war hits some of its big customers
- Pendo, 3 other NC firms crack top 100 in Inc. 5000 fastest growing company list
- Study: Solar power now cheaper than national grid in hundreds of cities
- Trade war fallout: Cisco CEO says ‘we’re being uninvited to bid’ on Chinese business
- Vaping may be linked to scores of lung injuries; e-cig firms sue to delay FDA review
FRIDAY August 16 Headlines:
- Are CEOs worth that much money? An attorney and former union member speaks out
- Charlotte startup Automation Intellect, backed by Cofounders Capital, raises $2M
- CEOs earn 287 times what workers make; 7 NC firms are at or above that ratio
- Four NC firms raise more than $8M million in equity rounds
- Hosting Rainbow Six Siege, Raleigh shows potential to become esports hub
- Inside WeWork: Cofounders set to control co-working giant following IPO
- More tech worker activism hits Google
- Ovies: So you want to be an esports star?
- Rent your clothes? Yes – and Banana Republic is latest to join the craze
- So why do CEOs earn so much? It’s complicated, economist says
- Study: ‘Growth mindset’ intervention boosts confidence in young entrepreneurs
- Survey: Most CEOs worried about keeping employees; workers want more money to stay
- Triangle Children’s Business Fair is Saturday – here’s why tech exec-turned philanthropist is supporting it
- Two Triangle coffee companies caffeinate their finances
- 1,300-plus gaming jobs on offer at Raleigh Major this weekend
- $18 million: Average compensation for top 10 CEOs at public companies in NC
