Brian Gordon

2 weeks ago | newsobserver.com | Brian Gordon

An American flag flies above Wolfspeed prior to a visit by then-President Joe Biden on Tuesday, March 28, 2023, in Durham, N.C. [email protected] I'm Brian Gordon, tech reporter for The News & Observer, and this is Open Source, a weekly newsletter on business, labor and technology in North Carolina. There is life after bankruptcy. Many companies, this newspaper's parent company included, have gone through Chapter 11 and continued, plenty healthier than before.

2 weeks ago | newsobserver.com | Brian Gordon

Raleigh's newest data center is the quietest it'll ever be. Empty racks and dormant air-conditioning units fill a main room, called the data hall, where modular equipment has been installed on-site like Lego pieces. The floors inside are flat and made with quarter-inch steel so customers can wheel in heavy equipment. No ear protection is needed, though that might change once the computing and cooling begins.

2 weeks ago | newsobserver.com | Brian Gordon

RTI International headquarters in Research Triangle Park, North Carolina. The nonprofit research agency has laid off hundreds of people in the wake of President Donald Trump's budget cuts to science, health programs and foreign aid. The Durham research nonprofit RTI International announced further layoffs Wednesday, linking these reductions to "funding shifts and new client priorities" under President Donald Trump.

2 weeks ago | newsobserver.com | Brian Gordon

Shares of the Durham semiconductor supplier Wolfspeed sunk 66% late Thursday following a report that the major Triangle employer is preparing to file for bankruptcy. Citing sources familiar with the matter, The Wall Street Journal wrote Wolfspeed is moving within weeks toward Chapter 11, a common bankruptcy that lets distressed companies continue operating as their businesses, debts and assets are reorganized.

3 weeks ago | newsobserver.com | Brian Gordon

I'm Brian Gordon, tech reporter for The News & Observer, and this is Open Source, a weekly newsletter on business, labor and technology in North Carolina. SAS Institute turns 50 next year, and for more than half its lifetime, the media (and employees) have asked whether the giant analytics provider will ever go public. "Personally, I don't want the hassle of running a public company," Jim Goodnight, SAS cofounder and CEO, told The N&O in 1995.