Lilly Rockwell: Tech Capital

Can AMD compete with Intel? AMD’s stock soars as it jumps back into profitable chip server market

Standing on a stage at Austin’s Long Center for the Performing Arts,  Lisa Su beamed down at the invite-only audience as she announced the long-awaited news that Advanced Micro Devices was elbowing its way back into the profitable server business...

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Open Source

Dell: Progress slow as it aims to increase number of women, people of color in workforce

Dell Technologies hasn’t made significant progress in increasing the number of women and people of color that it employs, according to its latest report on the diversity of its workforce.  The Round Rock-based company said on the second-to-last page...

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Open Source

Austin man wins a $100,000 Thiel Fellowship

A twenty-year-old Austin resident named Micah Green, who has started a housecleaning robotics company called Maidbot, has won a coveted $100,000 Thiel Fellowship. The popular fellowship helps young entrepreneurs pursue their passion instead of going...

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Why Facebook has hired 700 Austin workers and is getting ready for another wave of expansion

In 2010, Facebook Inc. opened a seven-person office to explore whether the city was a good fit for its young, hard-driving workforce. It turned out it was, and over the past seven years, the social media giant has grown its Austin team to 700 people...

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Dell reports stronger PC sales in its first quarter

Dell Technologies said Thursday that sales stemming from its PC division grew by 6 percent, to $9.1 billion, in its fiscal first quarter.  Though Round Rock-based Dell Technologies is now a tech conglomerate that sells a lot more than computers, the...

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Open Source

Want to create a podcast but don’t have the budget for expensive audio equipment? Enter Adam Curry.

Podcaster Adam Curry has been on a quest for over a decade to create the perfect podcasting device.  Curry, who rose to fame as an MTV host in the 1980s and 1990s, now lives in Austin. He’s spent the last 13 years producing various podcasts, including...

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Austin biotech company Lung Therapeutics raises $14.3 million

Austin biotech company Lung Therapeutics said Tuesday it has raised $14.3 million to help fuel its quest to develop drugs to treat fibrosis, lung injury and other diseases. The lead investor in the funding round was Bios Partners. Lung Therapeutics...

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AMD’s rebound has meant big money for key executives

As chief executive at Advanced Micro Devices, Lisa Su earned $2.9 million in 2015. A year later, her earnings with the California-based chipmaker ballooned to $16.6 million. The remarkable rise in Su’s income is due to a metoric rise in the value...

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Open Source

How much money were Dell executives paid last year?

Want to know how much money Dell Technologies executives made last year? You’ve come to the right place.  We’ve analyzed an annual filing from Dell Technologies with the U.S. Securities and Exchange Commission, which discloses how much money their...

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Open Source

XBiotech is officially told ‘No’ in its effort to gain European approval for its lead cancer drug

Austin biotech startup XBiotech finally got an answer from European regulatory officials about whether it  can sell and market its lead cancer drug, Xilonix, in Europe. The answer was no. The company said in a written statement that it plans to request...

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