Open Source

Jenkins, Perel, Wade highlight SXSW speakers list for 2018

South by Southwest 2018 is still eight months away, but that hasn’t stopped organizers from rolling out an initial list of keynote and featured speakers. Keynotes for next year include film writer/director Barry Jenkins, whose credits include “Moonlight”...

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Open Source

Monday Tech Crawl: A key Uber rival lands $2 billion, and EU fine will impact Alphabet’s earnings

Happy Monday, everyone. It’s the beginning of a new week, which means plenty of tech news to get into.  Uber rival Grab just landed its largest-ever venture funding in Southeast Asia  Beijing ride-sharing company Didi Chuxing and Softbank Group Corp...

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Open Source

A third Whole Foods shareholder files suit to block sale to Amazon

A third Whole Foods Market shareholder has filed a lawsuit this week in an attempt to block the Austin-based grocer’s $13.7 billion sale to Amazon.com, claiming that Whole Foods’ arrangement with the e-commerce giant has lacked transparency. Shareholder...

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Austin VC funding bounces back, jumps 182 percent in 2nd quarter

After a slow start to the year, venture capital activity in Austin bounced back in the second quarter, with internet companies leading the charge. A total of $330 million was raised by 43 companies during the quarter, according to a survey by PricewaterhouseCoopers...

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Open Source

Tech Crawl: Microsoft’s cloud boosts earnings, Samsung Note 8 on tap and restaurants that want to be ‘Instagrammable’

TGIF, amiright? Here are some tech stories you should be aware of before you jaunt off for your summer weekend. Microsoft’s earnings up on strong cloud revenue Microsoft’s ongoing reorganization seems to be heading in the right direction, at least...

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Open Source

Austin losing coding school, as Iron Yard says it’s closing its doors

National coding school Iron Yard said Thursday that it will shut down all of its operations, including its Austin campus. In a statement posted on its website, Iron Yard said that “the industry as a whole is still young and its leaders face the challenge...

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Whole Foods executives set to make millions after deal with Amazon closes 

When Amazon.com completes its $13.7 billion purchase of Austin-based Whole Foods Market -- likely before the end of the year, the companies have said - some of the Austin-based organic grocer’s executives  are expected to leave the company.  But if...

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Open Source

Austin equity firm launches $408 million fund to pursue ‘alternative’ real estate deals

Virtus Real Estate, an Austin-based private equity firm, has launched a $408.5 million fund to make what it calls “cycle-resilient” real estate investments. Of that total, $308.5 million is committed to Virtus Real Estate Capital II and $100 million...

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Open Source

Tech Crawl: Intel axes its wearables group to focus on augmented reality and more tech news

Good morning, Austin! We scanned the internet to bring you the latest in technology news. Here’s what’s happening: Intel axes its wearables group to focus on augmented reality Intel has eliminated the division that worked on health wearables, including...

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Open Source

Ahead of Amazon deal closing, major shareholder Jana Partners sells entire stake in Whole Foods

Investment firm Jana Partners LLC has sold its entire stake in Austin-based Whole Foods Market just months after purchasing it, a move that is estimated to have netted the firm hundreds of millions of dollars. Jana Partners’ sell-off comes on the...

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Kahoot, edutainment company with Austin ties, gets $10 million in new funding and a Disney Accelerator FastPass

Kahoot, an Oslo, Norway-based learning company with an Austin office and roots here, has landed a $10 million Series A funding round just a week after it was announced the company has been accepted into the three-month Disney Accelerator program....

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Open Source

Wednesday Tech Crawl: Google rolls out its version of news feed

Happy Wednesday, everyone. There’s lots of new product launches today. Let’s get into it: Google is trying to be more like Facebook and rolls out a news feed Google on Wednesday updated its free Google app for iPhones and Android phones with a “feed”...

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Open Source

IBM: We will reconsider our commitment to Texas if a bathroom bill passes

The Texas Legislature is once again gathering in Austin, this time for a special session. One of the most controversial topics is the so-called “bathroom bills,” which regulate which restrooms transgender people can use.  Tech companies have come...

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Open Source

Austin-based Sizmek to acquire ad tech firm Rocket Fuel for $125.5 million

Austin-based Digital advertising company Sizmek plans to acquire California-based advertising technology company Rocket Fuel for $125.5 million, the companies said Tuesday. The merger agreement calls for Sizmek to pay $2.60 per share for Rocket Fuel...

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Open Source

Tech Crawl: A downgrade for AMD, and is Winnie the Pooh an Internet criminal?

Happy Tuesday, Austin. Here’s hoping your work week is off to a good start. Here’s a look at some of the tech-related stories making waves and generating buzz around the internet this morning: A downgrade for AMD Advanced Micro Devices shares are...

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Austin-based Favor says it’s doubling its Central Texas delivery area

Requesting a Favor or two has never been easier. Austin-based delivery app Favor said Monday that it has more than doubled its local service area and expanded its hours of operation. Favor’s increased reach means food from some of the area’s best-known...

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Open Source

Austin airport adding direct-to-Amsterdam route -- but only during SXSW

When South by Southwest kicks off in March, travelers from Amsterdam will be able to travel directly to Austin for the music, movie and tech festival, Delta Airlines said Monday. The airline is adding four nonstop flights between Amsterdam’s airport...

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Open Source

Tech Crawl: A first look at the new Ataribox, and the feds’ updated plans for combating cyberattacks

Happy Monday, Austin.  Here’s hoping your weekend was a great one, and that you are returning refreshed for a new work week. Or maybe you’re tired and grumpy on a Monday like the rest of us. Either way, here’s a look at some of the tech-related stories...

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2017’s summer video game jam is the relentless, indie ‘PlayerUnknown’s Battlegrounds’

For three summers going, I’ve been keeping an eye out for a bright summery blast of video-gaming fun, a title that appears to be everywhere like a song of the summer. It’s typically a game that nobody expected to be a huge hit, or in the case of...

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