TECH TAKEOVER: Arrival of industry giants remaking downtown Austin

Social media giants, internet companies, the world’s largest retailer and the U.S. military. That’s just a short list of the players moving into or expanding their operations in downtown Austin in a race to attract tech workers. ...

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Tech takeover: Arrival of industry giants remaking downtown Austin

Social media giants, internet companies, the world’s largest retailer and the U.S. military. That’s just a short list of the players moving into or expanding their operations in downtown Austin in a race to attract tech workers. The result, experts...

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Open Source

Austin-based SailPoint’s stock soars after the cybersecurity firm beats the Street

Shares of cybersecurity firm SailPoint Technologies soared on Thursday after the company beat Wall Street expectations in the second quarter. Austin-based SailPoint reported that revenue jumped 39 percent to $54.6 million from the year before. That...

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Open Source

Thursday Tech Crawl: Tesla likely to face SEC investigation after tweets, Tribune terminates Sinclair merger agreement, plus more news.

Good morning, Austin! We have scrolled the internet to bring you the latest in tech news. Here are this morning’s headlines: Tesla likely to face SEC investigation after tweets Elon Musk's lawyers are probably pouring over rule 14e-8 of the Securities...

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Open Source

This startup wants to make deliveries less stressful for apartment dwellers

When Michael Patton moved to a Dallas apartment complex three years ago, the leasing office was receiving 250 to 300 packages every day. “The e-commerce explosion has flooded apartment buildings with packages,” Patton said. “I saw what a pain it was...

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Open Source

Fresh off strong earnings report, Austin’s Q2 Holdings snaps up California startup 

Fresh off a strong earnings report, Austin-based Q2 Holdings, which sells online banking software, said it plans to acquire Cloud Lending, a California-based startup that sells a lending and leasing platform. Financial terms of the deal were not disclosed...

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Open Source

Thursday Tech Crawl: Tesla stock soars after Musk’s apology, Apple becomes the first $1 trillion company, and Google plans return to China with censored app 

Good morning, Austin! We have scrolled the internet to bring you the latest in technology news. Here are this morning’s headlines: Tesla stock soars after promise of a profitable second half Shares of Tesla soared roughly 9 percent at the start of...

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Open Source

Software maker Atlassian will eliminate 100 jobs at downtown Austin hub

Atlassian, which is one of Austin’s largest software employers, is eliminating 101 jobs at its downtown hub following the sale of two products to a rival company. Atlassian, which makes tools for technical workers to collaborate and share information...

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Open Source

Austin software maker Accruent sold in $2 billion deal

Austin-based software maker Accruent is being sold for $2 billion, the company’s ownership group said Tuesday. California-based private equity firm Genstar Capital, which has owned Accruent since 2016, said it has agreed to sell Accruent  to Fortive...

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