Lilly Rockwell: Tech Capital

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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Open Source

Quiz: How well do you know Austin tech offices?

The 512tech team has seen its share of Austin tech offices, and after a while, they all start to look alike.  Tech companies big and small have embraced the open-office layout, with exposed ductwork and playful colors and furnishings. It’s the stainless...

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Investors shrug as Cirrus Logic reports higher sales, profit

When Apple Inc. forecasts higher sales, that usually bodes well for Cirrus Logic. That’s because the Austin chipmaker supplies audio and voice chips for Apple’s iPhone. Apple on Tuesday reported better-than-expected sales and profit, and forecast...

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Open Source

BuzzFeed report: Popular dating app Bumble turned Austin high-rise apartment into its office, angering residents

UPDATED AT 4 p.m.: Bumble released a statement to the American-Statesman about its time at the Bowie high-rise. Everyone at Bumble looks back upon our time at Bowie with great fondness and as such a memorable chapter in our company’s history. The...

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Open Source

Inside 512Tech: The story behind our 50-years-of-IBM-in-Austin story

If you tuned in to Austin radio station KUT this morning, you might have heard me talking about my package of stories published over the weekend on IBM and its 50-year history in Austin.  Exactly 50 years ago today, IBM built a typewriter manufacturing...

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Open Source

Timeline: IBM in Austin

1937 - IBM establishes a sales office in Austin.  1966 - In December IBM announces it will build a 200,000 square-foot typewriter manufacturing plant in Northwest Austin. 1967 - On Aug. 1, IBM’s new plant opens and it ships its first IBM Selectric...

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Fifty years in, IBM is still shaping Austin’s tech sector

On a sizzling summer day on July 31, 1967, a small crowd of Austin politicians and news media ducked inside a brand-new IBM manufacturing plant in far North Austin to watch a Selectric Composer typewriter roll down the assembly line for the first...

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