Under Amazon, what does the future hold for Whole Foods’ 365 brand stores?

Prior to its sale to Amazon, Whole Foods Market envisioned its own innovation through the launch of a new store concept. Named after the grocer’s private label brand, 365 by Whole Foods Market was promoted as a smaller, more value-driven option that...

Read More

Open Source

Slump in smartphone sales hits Austin’s Cirrus Logic; shares tumble

Hit hard by a downturn in the smartphone market, Austin-based chipmaker Cirrus Logic on Monday said it had a significant drop in both revenue and profit in its fiscal third quarter. Cirrus Logic’s third quarter revenue fell from $523 million in 2016...

Read More

Open Source

Dell confirms reports that it’s considering an IPO or even a reverse merger with subsidiary VMware

Dell Technologies has confirmed reports that it is exploring an initial public offering or merger with VMware, a publicly held cloud computing company in which Dell has majority ownership. The Round Rock-based tech giant said in a securities filing that...

Read More

Open Source

Despite tax hit, Austin’s Silicon Labs says strong growth continues  

Despite taking a fourth-quarter tax hit, Austin’s Silicon Labs ended last year with strong sales that executives say puts the company on the path to becoming a “$1 billion company.” After a long stretch of record profits, the chipmaker on Wednesday...

Read More

Open Source

Boosted by processor sales, AMD reports jump in sales, profit

Despite recent concerns about chip security, Advanced Micro Devices CEO Lisa Su says her chip-making company has benefited from its bet on a line of new computer processors.  Advanced Micro Devices on Tuesday reported 34 percent year-over-year revenue...

Read More

Report: Dell considers selling itself to subsidiary VMware 

Round Rock-based Dell Technologies is considering a sale to VMware, a publicly held cloud computing firm that Dell already controls, according to media reports Monday.  News of the potential sale -- which would effectively be a reverse-merger -- comes...

Read More

Open Source

Monday Tech Crawl: Intel told Chinese firms about chip flaws before U.S. government, and Trump administration considering creation of 5G network  

Chinese companies knew about Intel’s chip flaws before the U.S. government did A report in The Wall Street Journal says that Intel chose to first tell a small group of customers that included Chinese tech firms about the chip flaws. Earlier this month...

Read More

Why Dell might be considering an IPO 

Less than five years after becoming a private company, could Round Rock-based Dell Technologies become public again? News reports on Thursday indicated that Dell’s board is weighing revenue-boosting options that include an initial public offering...

Read More

Open Source

Austin’s Silicon Labs to buy Z-Wave assets from Sigma Designs for $240 million

Austin-based technology company Silicon Labs is purchasing some assets from California chipmaker Sigma Designs after the two companies failed to complete a merger agreement. Pending shareholder approval, Silicon Labs will be purchasing Sigma’s “Z-Wave”...

Read More

Ex-Whole Foods exec: Amazon deal was best for company’s future

Walter Robb says it’s clear Amazon was the best option for Whole Foods Market’s future. The former Whole Foods co-CEO, now an investor in other food companies, said leaders at the grocer made the best possible decision in selling the company to the...

Read More