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Raleigh Triangle Local and Business News

  • Exclusive: A candid chat with the man behind 550 new jobs at Cisco

    A week after announcing a 550-job expansion, the site lead at Cisco (Nasdaq: CSCO)’s Research Triangle Park campus, Ed Paradise, hits pause on back-to-back meetings just long enough for an exclusive chat.

    Paradise, who worked at IBM (NYSE: IBM) before joining Cisco in 1993, is a passionate guy – and not just about his networking company. His particular passion of late? Mentorship.

    So our chat runs the gambit, from those 550 jobs, to the entrepreneurship dollars Cisco is divvying out, to the…

  • Triangle chefs collaborate on dinner for charity

    Seven local chefs will contribute to one exclusive dinner they will prepare together.

    Former head pastry chef of The Umstead Hotel & Spa Daniel Benjamin who will be opening patisserie Lucettegrace downtown Raleigh will be cooking along side executive chef of the North Carolina governor’s mansion David Gaydeski and John Blackley of Bocci in Durham and former Midtown Grille chef Scott James. Their skills will collide at Plates Neighborhood Kitchen, where owner and chef Steve Day and partner Sam…

  • Red Hat CEO tips his hat to Tesla

    Tesla’s Elon Musk has the right idea, says Jim Whitehurst, CEO of Raleigh-based Red Hat.

    Whitehurst, chatting hours after Red Hat (NYSE: RHT) announced a 17 percent revenue jump in the first quarter, says the Tesla CEO was on point when he decided to make his cars’ patents open-source.

    And he saw it coming – well, maybe not Musk’s announcement specifically.

    But throughout our conversations over the past two years, Whitehurst has been bullish about his belief that open-source technology…

  • Q&A: Red Hat's Chief People Officer on hiring Millennials

    Triangle businesses will need to do more than revamp their interior design to attract the Millennial work force.

    According to DeLisa Alexander, executive vice president and chief people officer at Red Hat, they will also need to listen to their employees in a different way. And perhaps trying not to see them as Millennials could help avoid the pitfalls of stereotyping, she says.

    While Red Hat got the jump on the Millennial mentality due to dealing with online open source software communities, Alexander…

  • SBA honors two Durham drug companies

    Two Durham companies, both in the pharmaceutical space, received a Tibbetts award from the U.S. Small Business Administration.

    The award honors “outstanding small businesses and individuals who participate in the SBA’s Small Business Innovation Research (SBIR) and Small Business Techology Transfer (STTR) programs.”

    Winning the awards were Novan Therapeutics, which is developing products related to dermatology, and Parion Sciences, which is developing products to fight respiratory and ophthalmology…