Latest Articles from Local Tech Wire

Gears of War 3 coming? EA discloses Epic game for 2011

Tue, 09 Feb 2010 07:12:56 -0500

Epic’s creative spirit “Cliffy B” Bleszinki has been promising “megaton face melting news.” Entertainment Arts says it will publish a “shooter” title by Epic, but the game’s title isn’t disclosed.

UNC system boosts budget, plans new hires at N.C. Research Campus

Tue, 09 Feb 2010 11:57:39 -0500

Vice president for research says universities will add faculty, support staff in 2010. Overall, Steve Leath foresees NCRC’s employment jumping by 100.

Pappas Ventures-backed pharma startup raises $9 million

Tue, 09 Feb 2010 11:51:05 -0500

Get the latest news alerts: Follow LTW at Twitter.

Hot Off the Wire – Google slashes Nexus One termination fee; MySpace Music tunes up audio ads; Barry Diller’s IAC beats Street

Tue, 09 Feb 2010 11:46:37 -0500

Get the latest news alerts: Follow LTW at Twitter.

Nortel reaches $50M settlement with former Canadian employees

Tue, 09 Feb 2010 07:53:04 -0500

Bankrupt telecommunications gear maker settles with representatives of retirees, those receiving long-term disability on benefits and severance benefits. Meanwhile, Ottawa government offers plans to help pay other Nortel pensions.

PPD beats Wall Street estimates on earnings, revenue

Tue, 09 Feb 2010 07:28:30 -0500

However, the global life sciences services firm loses nearly $285 million in cancelled contracts.

Eight tech-related firms in region crack ‘Training Top 125’ list

Mon, 08 Feb 2010 21:01:24 -0500

Quintiles vaults 33 spots to 47. Others: Cisco ranks seventh, EMC 16th, BB&T 30th and Cox 36th in latest compilation from Training magazine. Bank of America, Cebeyond and Bowe Belle + Howell.

Minn. governor calls for educators to embrace technology

Mon, 08 Feb 2010 20:38:06 -0500

Top execs at Red Hat and IBM, a Silicon Valley venture capitalist, the federal government’s CTO, governors, authors and a host of innovative thinkers fill the agenda for the Emerging Issues Forum that is the brainchild of former Gov. Jim Hunt.

Hot Off the Wire – Man convicted in first economic espionage case; iPhone market share grows; Electronic Arts shares falter after revenue forecast; Phone company wants to charge Google

Mon, 08 Feb 2010 20:22:05 -0500

Get the latest news alerts: Follow LTW at Twitter.

FairPoint looks to cut debt by two thirds with bankruptcy plan

Mon, 08 Feb 2010 19:22:06 -0500

The Charlotte-based company says the reorganization won't prevent it from expanding broadband Internet in Maine, New Hampshire and Vermont.

Targacept receives $304,000 grant from Michael J. Fox Foundation

Mon, 08 Feb 2010 13:25:44 -0500

The funding, which is the second the foundation has awarded to Targacept, will be used in research to combat Parkinson’s Disease.

Wake Tech lands $555,680 grant for STEM education program

Mon, 08 Feb 2010 12:25:32 -0500

Community college will launch a five-year program designed to boost the number of science, technology, engineering and mathematics graduates.

Intersouth-backed PeopleMatter raises another $2.3 million

Mon, 08 Feb 2010 11:42:22 -0500

North Charleston, S.C.-based startup provides human resources software.

Hot Off the Wire – Chinese police shut down hacker training business ; PayPal stops service in India; Pratt & Whitney can’t transfer jobs to Georgia; Utah firm looks to compress air for wind power

Mon, 08 Feb 2010 11:07:08 -0500

Get the latest news alerts: Follow LTW at Twitter.

Japan’s Nagoya University seeks to bridge East, West with Nu Tech showcase

Mon, 08 Feb 2010 07:41:40 -0500

A day-long session will feature emerging technology, biotechnology, medical device and therapeutic treatments in RTP.

Top exec at SAP – a major competitor with SAS and IBM – resigns

Mon, 08 Feb 2010 05:57:14 -0500

The international business intelligence software giant doesn’t renew contract for its CEO Leo Apotheker. Two co-CEOs are named to replace him. "When companies have rough years, somebody has to take the bullet," an analyst says.

Bayer Crop Science loses another case in genetic rice dispute

Sun, 07 Feb 2010 14:25:32 -0500

In second round of verdicts against the company, which bases its North American headquarters in RTP, jury says farmers in Arkansas and Missouri are to be paid $1.5 million. Bayer Crop Science also lost a case in December and faces several other trials.

E-mail services provider iContact investigating a hack attack

Thu, 04 Feb 2010 11:35:37 -0500

The Durham-based company, which has more than 58,000 customers and 579,000 users, says it has asked for FBI assistance in the case. An iContact spokesperson calls the hacking “allegations,” but the firm says it is increasing security.

Cyberespionage? Cyberslueths disclose Lenovo’s 2010 ‘roadmap’

Wed, 03 Feb 2010 07:48:15 -0500

A photo of Lenovo’s product deployment plan for this year shows up on Web sites as the No. 4 PC maker prepares to disclose latest earnings. Plus, a Lenovo exec says the company is reviewing its efforts in server market.

Tech recovery is at hand, analysts tells N.C. IT execs

Mon, 01 Feb 2010 08:25:53 -0500

However, the rebound will only be a “lower case v,” Gartner’s Michael Smith tells N.C. Technology Association. A key indicator of the recovery is a “spike” in productivity. But as IT spending rebounds, which firms will use tech as a “competitive differentiator”?