Lori Hawkins: Plugged In

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...

Read More

Open Source

Video surveillance firm Eagle Eye Networks breaks into Europe with an acquisition

Since launching its cloud-based video surveillance service five years ago, Eagle Eye Networks has signed thousands of customers, including big names like Facebook, McDonald’s, Holiday Inn Express and Pinkberry. Now the Austin-based company is breaking...

Read More

Open Source

High-profile backers including Microsoft Ventures and USAA pump $15M into Austin’s CognitiveScale

High-profile backers including USAA, Microsoft Ventures and Intel Capital are pumping $15 million into Austin artificial intelligence startup CognitiveScale. The company, founded by members of the IBM Watson team, received the money from additional...

Read More

Open Source

Tech Crawl: Tim Cook reveals Apple’s push for self-driving technology, and it’s a big day for Uber. Plus more technology news

Tim Cook says Apple is making a bet on self-driving technology In an unusual step for Apple, which keeps product plans close to the vest, CEO Tim Cook has for the first time laid out the company’s plans for self-driving technology. “We’re focusing...

Read More

Open Source

Why Germany’s Merck is launching a virtual reality-focused innovation center in Austin

Pharmaceutical and life sciences company Merck KGaA wants to tap into Austin’s virtual reality talent with a new innovation center at Capital Factory. Merck’s Austin hub is developing virtual reality and augmented reality technologies to advance a...

Read More

Open Source

Austin digital media firm OwnLocal continues its acquisition roll with another deal

 Austin-based digital advertising OwnLocal is continuing its acquisition roll with another deal. The company said it has purchased Wanderful Media for an undisclosed price. Twelve major media companies -- including Cox Media Group, Gannett Co., Hearst...

Read More

Open Source

The flow of Austin’s workers: Moving in from New York and California, moving out to Seattle and Denver

We know Austin is a hot destination for job seekers. But where, you might wonder, are all the workers moving here from? According to a new LinkedIn Workforce Report,  Central Texas gained the most workers from Houston, the San Francisco Bay area...

Read More

Open Source

Austin’s Digital Pharmacist brings in $6.5 million for expansion

Digital Pharmacist, a digital health company that connects pharmacies and patients, has raised $6.5 million to expand its product line and its reach. The Austin-based company received the funding from Activate Venture Partners in New York and Austin...

Read More

Open Source

Tech Crawl: Apple’s ‘big wow’ moments, Snap buys an ad-tracking startup and San Francisco goes after Uber and Lyft again.

Good morning, Austin! We have perused the internet to bring you the latest in tech news. Here’s what’s happening: Apple’s ‘big wow’ moments: a voice speaker and augmented reality Apple has at last jumped into two of the hottest tech trends of the...

Read More

Open Source

Austin’s Edgecase snapped up by Toronto-based e-commerce provider

Edgecase, which sells software for online retailers, has been acquired by GroupBy, a Toronto e-commerce and media provider. Under the deal, Austin-based Edgecase will become GroupBy’s U.S. headquarters. The company’s corporate headquarters will remain...

Read More