Open Source

Trump says he will disband advisory, manufacturing panels

President Donald Trump posted on social media Wednesday that he is disbanding two of his business advisory councils as fallout continues from his remarks about racially charged violence in Virginia. In a post on Twitter, the president said:  "Rather...

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Wednesday Tech Crawl: Apple has built a $1 billion war chest for Hollywood programming

Apple sets aside $1 billion for digital content Yet another tech company is trying to crack Hollywood.  The Wall Street Journal reports that Apple has set a budget of roughly $1 billion to procure and produce original content over the next year. ...

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Critics call on Michael Dell to leave Trump advisory council

Pressure is mounting on Dell Technologies founder and CEO Michael Dell to resign from a manufacturing council that advises President Donald Trump. Over the past two days, four chief executives have resigned Trump advisory panels in protest over his...

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Open Source

Amazon to sell bonds to pay for Whole Foods purchase

Amazon.com said Tuesday that it plans to sell $16 billion in bonds to fund “all or a portion” of its pending $13.7 billion acquisition of Austin-based Whole Foods Market.  News of the bond offering comes as Whole Foods shareholders prepared to vote...

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Austin biotech firm Molecular Templates raises $60 million, goes public

Austin-based biotechnology firm Molecular Templates is now a publicly traded company, thanks to a reverse-merger with California-based Threshold Pharmaceuticals. The company now trades under the stock ticker “MTEM” on the Nasdaq stock exchange. It’s...

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Open Source

Austin’s Crossroads Systems files for bankruptcy, agrees to restructuring plan

Austin-based technology company Crossroads Systems has filed for bankruptcy protection, and has agreed to a restructuring deal that will bring it millions in cash from a Dallas-based investor in exchange for a significant ownership stake in the company...

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Open Source

Retro gaming bliss: ‘StarCraft Remastered’ and ‘Sonic Mania’ are new this week

New video games out this week: “StarCraft Remastered.” The remastered edition of one of Blizzard Entertainment’s most enduring franchises includes improved audio and graphics, but adheres to the successful formula that made the real-time-strategy...

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Open Source

Tuesday Tech Crawl: Netflix co-founder starts $10 a month unlimited movie pass, and GoDaddy and Google ban neo-Nazi site following Charlottesville violence 

Here’s how you can watch all of the movies you want for $10 per month Mitch Lowe, a Netflix co-founder who now runs a startup called MoviePass, said he is dropping the company’s movie ticket subscription on Tuesday to $9.95. This means subscribers...

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Samsung Austin illustrates twists, turns of evolving manufacturing sector

As Texas Comptroller Glenn Hegar begins touring manufacturing plants around the state this month to highlight the changing industry, his first stop on Monday brought him, as well as Texas state Sen. Kirk Watson, D-Austin, to Samsung Austin Semiconductor’s...

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Open Source

Monday Tech Crawl: Doxxing Charlottesville, HBO hackers, women in tech

Good morning! Hope you had a great weekend. Here's a look at some of the top tech stories you might have missed: Doxxing Charlottesville Following the violent protests in Charlottesville, Va., over the weekend, a number of amateur sleuths have turned...

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Austin executive: Tech fields are ripe for influx of women

Earlier this summer, Austin tech company Spanning Cloud Apps promoted longtime Austin software engineer Andrea Adams to vice president of engineering.  That in and of itself was newsworthy.  The vice president of engineering position has been a notoriously...

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Can 3D printing technology really create hair prosthetics? An Austin salon is among those offering the service

In Austin, 3D printing technology is nothing new. It’s been seen at the University of Texas, at tech events like South by Southwest and at local health care companies. But recently, it’s also turned up at Shanna Moll’s hair salon. The North Austin...

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Open Source

Talking about Disney, Netflix and the future of streaming with Texas Standard

This week on the “Texas Standard” radio program we discussed the news that Disney is planning to pull its movies from Netflix and start at least two streaming video services, for its movies and for its sports network ESPN. What does that mean for...

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With new $30M investment, medical device maker Acessa Health left California to start new chapter in Austin

It’s been a whirlwind few months for medical device maker Acessa Health. In June, the company announced it had acquired a noninvasive treatment for uterine fibroids from a California medical device company. At the same time, the company said it had...

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Open Source

Tech Crawl: Google memo mess grows, Benchmark Capital sues Kalanick and Snap’s losses grow 

Happy Friday, Austin! Here are some of the tech stories we’re keeping an eye on today. Google memo mess is not going away Fallout from a controversial memo about diversity from a now-fired Google employee continued on Thursday when the company’s CEO...

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Bring on the delivery robots, Austin City Council says

Coming soon to an Austin sidewalk near you: delivery robots.  The Austin City Council on Thursday unanimously approved a pilot program that will allow companies to use delivery robots throughout the city. It’s an initiative that city officials said...

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Open Source

Austin’s Vyze lands $13M to expand its fintech software for retailers

Retailers lose tens of billions of dollars each year when customers’ credit applications are rejected and they can’t complete their purchase. But many of those shoppers are creditworthy, and Austin-based Vyze wants to help stores save those sales...

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Open Source

Austin’s Accruent acquires Plano-based software firm Lucernex

Austin-based software maker Accruent has acquired another Texas software company, Plano-based Lucernex Inc. Financial terms of the deal were not released. Lucernex makes cloud-based workplace and real estate management software and products. It has...

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Open Source

Tech Crawl: Austin’s Vermillion and Pain Therapeutics report second quarter losses

Good morning! Earnings season is wrapping up, and we’ve got a couple more Austin companies reporting their results. Here’s a look at how they did: Vermillion reports second quarter loss Austin-based medical diagnostics company Vermillion Inc. reported...

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