WWW User | WRAL TechWire - Part 2
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Posts by WWW User


UNC to create Institute for Convergent Science

UNC-Chapel Hill is creating the UNC Institute for Convergent Science With the Institute for Convergent Science, Carolina will lead the world in bringing scientific expertise together to improve people’s lives, according to Chancellor Carol Folt. “The UNC Institute for Convergent Science will be at the heart of that vision,...

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NCSU hands out host of innovation awards, funding

It’s innovation awards time at N.C. State. NCSU has selected five projects to receive funding, picked its top entrepreneurs, honored 15 startups launched over the last year, and acknowledged 57 patent winners. The honors and funding were announced at a ceremony this week hosted by the university’s Office of Technology Commercialization and New Ventures. The Chancellor’s Innovation Fund The five projects picked for funding in 2017-2018: Allergy Therapies for Companion Animals — Bruce Hammerberg, Thierry Olivry Comfortable Insect Bite- Resistant Clothing — Andre West, Marian McCord, Charles Apperson, Michael Roe Detection of Environmental Toxins Associated With Neurodegenerative Diseases — David...

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Oracle shows it’s going all in for Internet of Things (+ video)

Editor’s note: John Spooner, practice manager for devices and Internet of Things at Technology Business Research, takes an in-depth view of Oracle’s IoT efforts in the first of two reports. HAMPTON, N.H. – Oracle checked off all the boxes during its recent 2017 Internet of Things (IoT) product update, announcing packaged IoT application expansions incorporating digital twin, digital thread, virtual reality (VR) and augmented reality (AR), and artificial intelligence (AI) capabilities. Including these important building blocks for robust IoT implementations proves Oracle has the capability to deliver technology scaffolding around its focused use cases, including asset monitoring, connected workforce,...

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Just when you thought there’s an emoji for everything, Apple is adding hundreds more

Just when you thought there’s an emoji for everything, Apple is adding hundreds more. The tech giant announced on Friday that next week’s iOS update will include more expressive smiley faces, gender-neutral options, mythical creatures, clothing, food and animals. It previewed more than two dozen emoji that fit into these categories, including a hedgehog, a carton of Chinese takeout, a giraffe, fairy, dinosaur, broccoli, sled, a scarf and vampire. There’s also a hand signing “I love you” and an angry emoji face with explicit characters blocking the mouth. The new emoji will appear in the developer and public beta...

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Raleigh-based NovaQuest raises $60 million for investment fund

Raleigh-based investment firm NovaQuest Capital has raised $60 million to invest in other companies, according to a Monday filing with the Securities and Exchange Commission. The company, which specializes in funding biopharmaceutical and health care companies, has $340 million left to raise to meet its goal of $400 million. According to the filing, the fund received money from an investor who had earlier invested with NovaQuest. NovaQuest was formed in 2000 to invest in life sciences and health care companies. Today, NovaQuest Capital Management manages over $1.4 billion in investments through two ways — biopharma investments and private equity...

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How to win across digital transformation: A process approach

Editor’s note: Technology Business Research offers insight into how to win in digital transformation: Embracing a process-led approach. This is the first of a two-part report.  HAMPTON, N.H. – TBR hears a broad range of positions on the digital transformation (DT) market in its interactions with advisory and IT services vendors, with vendors applying the term with extremely broad strokes, often geared more toward marketing than defining a concrete capability. While some seek to bucket DT as an all-encompassing umbrella under which a huge range of disruptive technologies exist, others use the term more judiciously to discuss leveraging technology...

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Where the huge SoftBank-Saudi tech fund is investing

It’s one of the biggest tech funds in the world. And it’s investing… fast. The Softbank Vision Fund was unveiled less than a year ago, backed by Saudi Arabia and Japan’s SoftBank. By May it had raised $93 billion, out of a planned $100 billion, to spend on technology businesses of the future. Saudi Arabia is the biggest Vision Fund investor, followed by SoftBank. Other investors include Apple, Qualcomm, Foxconn, Sharp and Mubadala, the sovereign wealth fund of the United Arab Emirates. The Vision Fund expects to raise the final $7 billion in the next month or so but...

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Elaine Chao reduces self-driving car privacy to a footnote

Consumer privacy has taken a back seat as the Trump administration takes it first steps in writing the guidelines for autonomous vehicles. Cars and trucks that will use technology to drive themselves promise to change transportation. But they raise countless new privacy issues: How will the data they collect be used? Department of Transportation Secretary Elaine Chao last week released updated autonomous driving guidelines that turn privacy issues into footnotes. Literally. In a footnote in the guidelines, Chao’s department writes that privacy isn’t its turf — and should be left to the Federal Trade Commission. The initial guidelines, released...

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Durham biotech Micell raises another $20M (+ video)

Micell Technologies Inc., a Durham-based biotech company, raised an additional $20 million in an equity and debt offering, according to a filing with the Security and Exchange Commission on Tuesday. It was not disclosed what the company intends to do with the money. The new investment comes from 51 investors, according to the filing. In November 2016, Micell raised $25.7 million in a private stock offering. It also raised $6 million in April and another $10 million in June. The company needs another $8 million to reach its goal of $70 million. VIDEO: Watch an overview of Micell stent...

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