Updated 8:19 a.m. today

The ‘Immernet’ – A coming virtual world for real business

Takeaways from the crowd listening to 3-D and virtual worlds pioneer Julian Lombardi of Duke University show that the coming ‘iWeb’ is all about context in which the currency is information.

Dr. Julian Lombardi stresses the reality of the coming "Immernet" Dr. Julian Lombardi stresses the reality of the coming "Immernet"

4:29 p.m. today

IBM to buy Storwize for undisclosed sum

IBM IBM said Thursday it agreed to buy privately-held, data-compression company Storwize for an undisclosed sum.

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Updated 3:19 p.m. today

Quintiles announces new European headquarters

Quintiles new UK facility Company says new state-of-the-art facility will allow for greater collaboration to better serve biopharmaceutical clients worldwide.

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1:20 p.m. today

Talecris unveils second quarter financial results

Talecris Net revenue in the second quarter was $402.8 million compared to $375.6 million in the second quarter of 2009, an increase of $27.3 million or 7.3 percent, the company announced on Thursday.

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Updated 10:40 a.m. today

Investment grows in venture hubs worldwide

Global Pace of Venture Investing The global pace of venture investing is tracking much stronger in the first half after a disappointing 2009, according to data from Dow Jones VentureSource. Most regions showed improvement, but the totals are low by historical standards.

10:36 a.m. today

Percept Research selects Hosted Solutions

Hosted Solutions Hosted Solutions’ highly-secure SAS-70 Type II data centers provide storage, security, dedicated servers, and virtualization for Charlotte-based marketing research and consulting firm.

7:33 a.m. today

Mark Cuban to talk VC with RTP entrepreneurs

Mark Cuban The owner of the NBA Dallas Mavericks who made his fortune as a "dot com" entrepreneur headlines Aug. 12 venture capital and entrepreneurship event.

7:11 a.m. today

VC returns continue to reflect fragile economic conditions

The State of VC Venture capital returns improved in the first quarter, but the widely followed 10-year benchmark declined, according to the latest data from Cambridge Associates and the National Venture Capital Association. But although positive, it’s going to take a lot more exits like Playdom to improve the big picture.

5:27 a.m. today

Marschall Runge named director of NC TraCS Institute

Marschall Runge A global leader in cardiovascular disease, Dr. Marschall Runge is the new director of the North Carolina Translational and Clinical Sciences Institute and principal investigator of UNC's Clinical and Translational Science Awards grant from the National Institutes of Health (NIH).

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Updated 8:21 a.m. today

Venture Update: Investors scoring big in social gaming

Venture Update Most social networking or gaming sites are making a mint off of virtual goods, but many VCs are banking that advertising will become a greater part of their revenue stream.

Updated 8:22 a.m. today

National Weather Service taps RENCI for weather emergencies

Weather for Emergency Management The collaboration, called Weather for Emergency Management, aims to help the emergency management community more effectively use weather information in their planning and in real-time decision-making during weather events such as hurricanes, tornadoes, blizzards and floods.

4:08 a.m. today

Review: Hulu Plus takes television to your pocket

Are the days of the TV’s reign in the living room coming to an end? Hulu now is offering a subscription-based app for iPhones and iPads, but although it works well enough, it isn’t perfect.

Hulu Plus Hulu Plus

4:25 p.m. yesterday

Watch out - Your smartphone apps are tracking you

iphone 4 Lookout, a mobile-phone security firm, scanned nearly 300,000 free applications for Apple Inc.’s iPhone and phones built around Google Inc.’s Android software. It found that many of them secretly pull sensitive data off users’ phones and ship them off to third parties without notification.

3:54 p.m. yesterday

Web 3.0 = Virtual worlds: Tweeting news from ‘Immersive Internet’ event

Dr. Julian Lombardi WRAL.com’s Beth Lavin and Sabrina Wood deliver the headlines from Local Tech Wire’s “Immersive Internet” event featuring entrepreneur and virtual worlds pioneer Julian Lombardi of Duke University.