Open Source

Putting new funding to work, Austin’s YouEarnedIt buys a Chicago startup

YouEarnedIt is putting its recent investment by Vista Equity Partners to work by acquiring a Chicago startup. Austin-based YouEarnedIt, which lets companies provide employee recognition and rewards, said it has purchased HighGround, a human relations...

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Open Source

New York-based GLG doubles down on Austin with expansion, room for 730 employees downtown

In 2005, New York-based GLG opened an Austin office as a small outpost for its business, which specializes in connecting businesses to experts. “We moved here because we thought it was a quaint sleepy community which was pro-business and where we...

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Who is the fastest wireless provider in Austin? It’s not who you think 

In the race to get to 5G wireless Internet speeds over the next few years, the major wireless providers — AT&T, T-Mobile, Sprint and Verizon Wireless — are building out new infrastructure for that next-gen set of networks. Could that be the reason...

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Open Source

Thursday Tech Crawl: False brands hurting merchants on Amazon, and why Uber could win the e-scooter wars  

Amazon, which helps many merchants, is also hurting others While merchants have long used the e-commerce platform to grow their business, the website has also opened opportunities for counterfeit brands to invade the space, according to The Wall Street...

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General: New tech center in Austin will keep Army relevant 

The U.S. Army’s new technology center in Austin, named its Futures Command, is necessary for the military branch to remain “the best army in the world,” Army Lt. Gen. Eric Wesley said Wednesday. Wesley, who is in Austin this week with a team of Army...

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Open Source

Austin’s Swivel, which offers alternative to co-working space, raises $4.7M to build out its vision

Finding the right office space can be challenging for fast-growing companies that are too big for co-working but not ready for a traditional lease. Austin software startup Swivel says it has the solution: It helps companies obtain, furnish and occupy...

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Open Source

IBM beats Wall Street expectations on earnings

ARMONK, N.Y. (AP) — International Business Machines Corp. (IBM) on Wednesday reported second-quarter profit of $2.4 billion.  The Armonk, New York-based company said it had profit of $2.61 per share. Earnings, adjusted for one-time gains and costs...

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Austin’s SparkCognition partners with Boeing to manage autonomous AI for ‘tens of millions of aircraft’ 

Austin artificial intelligence company SparkCognition is partnering with the world’s largest aerospace company, Boeing, on a project that the company’s CEO and founder says could manage tens of millions of autonomous aircraft globally. Amir Husain...

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Open Source

Austin cloud hosting firm OnRamp snapped up by Iowa-based IT company

More than two decades ago, OnRamp launched as one of Austin’s first dial-up internet service providers. Today, the company provides high-security cloud hosting for banks, hospitals and other companies at three sprawling data centers. Now, OnRamp is...

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Open Source

Austin-based Xplore Technologies -- maker of rugged tablets -- to be acquired in $90 million deal

Austin-based rugged tablet maker Xplore Technologies Corp. said Tuesday it is being acquired by Zebra Technologies, which makes handheld scanners, printers and other portable hardware. Under the deal, Zebra, based in Lincolnshire, Illinois, will acquire...

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Open Source

Dell maintains steady growth in PC market

Worldwide personal computer shipments grew for the first time in six years while Round Rock-based Dell Technologies maintained its steady growth, according to new industry data for the second quarter of 2018.  Dell remained third worldwide for the...

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Open Source

Venture investing in Austin stayed strong in second quarter, new report shows

Thanks to five deals of more than $20 million each, venture capital activity in Austin stayed strong in the second quarter. A total of $306.6 million was raised by 37 companies during the quarter, according to a survey by PricewaterhouseCoopers and...

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Open Source

LendingTree acquires Austin startup Student Loan Hero for $60 million

Financial services company LendingTree said Friday that it has acquired Austin-based Student Loan Hero Inc., a personal finance website for managing student debt. LendingTree, headquartered in Charlotte, connects users with lenders. The company will...

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Open Source

Educational tech startup Pi-Top - which wants to make coding fun for kids - lands millions to expand

Educational tech startup Pi-Top has landed $16 million for expansion, including at its U.S. headquarters in Austin. The lead investors in the deal were Hambro Perks and Committed Capital. The investment brings Pi-Top’s total funding to $22.5 million...

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Open Source

Talking about Austin’s Cody Wilson and 3-D printed guns on Texas Standard

This week on the “Texas Standard” radio program, we’re discussing the news that Austinite and former University of Texas law student Cody Wilson just scored a major legal victory in his quest to liberate 3-D printed gun designs from being banned by...

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Open Source

Lawsuit: 'If he had been a millennial,' Austin man says IBM wouldn't have let him go

An Austin man has joined a growing chorus of former employees who claim technology giant IBM fired or laid them off because of their age.  Jonathan Langley, a 60-year-old former cloud salesman at IBM’s Austin operations, has filed a federal age discrimination...

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Open Source

Buying and selling locally by app with ‘Letgo’ and ‘OfferUp’

Newspaper classified ads yielded a great amount of group to the rise of Craigslist. And now I wonder if Craigslist, which has no official mobile app of its own, might not be losing out to a few apps that connect local buyers and sellers. I’ve been...

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Open Source

Thursday Tech Crawl: Why your Twitter followers might take a hit; Qualcom agrees to buy CA Technologies; plus more tech news.

Good morning, Austin! We have scrolled the internet to bring you the latest in technology news. Here are this morning’s headlines: Your Twitter followers might drop; Obama’s, Trump’s already have Twitter is beginning to pull inactive and locked accounts...

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SXSW clarifies, updates policy on diversity requirements for panels

South by Southwest says older language on its PanelPicker website that was not updated to new guidelines may be to blame for why at least one participant raised concerns about whether the event might be disallowing panels consisting of all women or...

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