Open Source

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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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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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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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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Open Source

The robots are coming! Pending Austin City Council approval, that is.

When movies like “Blade Runner” depict a dystopian, advanced civilization in which robots threaten the survival of humanity, viewers are usually offered only the briefest glimpses into how humans got themselves in such a mess to begin with.  In the...

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Open Source

Wednesday Tech Crawl: Disney ditches Netflix to launch its own streaming service

Disney is launching a streaming channel, ditching Netflix Walt Disney Co. will stop selling its movies on Netflix and will begin offering ESPN sports programming and family films directly to consumers through two new streaming services, the company...

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Is it the Trump effect? A new report finds tech companies are showing less interest in hiring foreign workers

Since his inauguration in January, President Donald Trump has wasted no time taking steps toward fulfilling a campaign promise to enact tougher immigration measures.  The tech industry has come out against Trump’s immigration stances, particularly...

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Are tech companies hiring fewer foreign workers because of Trump?

Since his inauguration in January, President Donald Trump has wasted no time taking steps toward fulfilling one of his campaign promises: to enact tougher immigration measures in order to preserve more jobs for Americans. The tech industry has come...

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Austin startup Roomify helps hook up college students with dorm supplies

The idea for Roomify started, of course, with going to college. Shanil Wazirali and Sagar Hemani were attending different colleges but each had trouble furnishing their dorm rooms.  “We went through the struggle of making multiple trips to stores...

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AMD’s biggest investor is selling 40 million shares of the company

Advanced Micro Devices’ largest shareholder sold off 40 million shares of the company on Friday.  Based on the closing price of AMD on Thursday, this means Abu Dhabi-based Mubadala Investment Co. made $529.6 million off the sale.  AMD’s stock price...

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