Sebastian Herrera: Tech Capital

Open Source

Strong processor sales help AMD’s revenue surge in first quarter

After an upbeat 2017, Advanced Micro Devices also is off to a strong start in 2018. The chipmaker on Wednesday reported revenue of $1.65 billion for its first quarter, a 40 percent jump from the same quarter a year ago. The company’s quarterly profit...

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Open Source

Austin’s Silicon Labs continues pivot to Internet of Things, posts record quarterly revenues

Silicon Labs continues to transform itself from a company once known by its broadcast and Internet access devices to one known for its growing Internet of Things offerings. The Austin-based chipmaker on Wednesday reported record revenue of $205.38...

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Once disruptors, ride-hailing firms now ‘major player’ at Austin airport 

Sometime in 2014, a scattering of vehicles started showing up at Austin-Bergstrom International Airport, darting in to pick up airline passengers who had hailed them via smartphone apps. The vehicles, often unmarked and blending in with others, were...

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Open Source

Monday Tech Crawl: Amazon working on home robots, and the man behind electric scooters in downtown Austin 

Amazon has a secret robot project According to Bloomberg News, the online retail giant is working toward bringing robots into people’s homes. The project, nicknamed “Vesta,” after the Roman goddess of the hearth, home and family, is being run by Amazon’s...

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Open Source

Dell-controlled Pivotal Software completes IPO, sets price at $15 per share 

California-based cloud computing company Pivotal Software, whose majority owner is Dell Technologies, completed its initial public offering of stock on Friday, starting trading at $15 per share.  The IPO is expected to raise $555 million. Pivotal...

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Open Source

Poll: Support for Amazon’s second headquarters low in Austin 

When it comes to Austin landing Amazon’s second headquarters project, many residents here don’t appear to be very interested.  A new survey by Elon University found that of the 19 U.S. locations still in contention for the $5 billion project, Austin-area...

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Open Source

Riding success of first ‘Ryzen’ processors, AMD launches next generation 

A little more than a year after Advanced Micro Devices released its well-received Ryzen desktop processors, the chipmaker is building on that momentum. AMD on Thursday debuted its second generation of Ryzen processors, a line of products the company...

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Open Source

Monday Tech Crawl: Online tax increase looms, and Buda looks to attract a corporate tech campus 

The Supreme Court this week will hear arguments for an online sales tax case In South Dakota v. Wayfair Inc., the state is is seeking to overturn a longtime rule where states are not allowed to require retail firms to collect sales tax unless they...

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Open Source

Dell-controlled Pivotal Software could raise up to $592 million in IPO

Cloud computing firm Pivotal Software, which is controlled by Round Rock-based Dell Technologies, said Monday that it expects to raise up to $592 million from its pending initial public offering of stock.  Pivotal Software plans to sell 37 million...

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Open Source

Monday Tech Crawl: Facebook suspends Cambridge Analytica-linked consultancy, and Amazon explores Echo-enabled payment transfers 

Facebook has suspended another third-party political firm  The social media giant suspended political consultancy AggregateIQ after reports surfaced that data collected from users by the firm was used for political reasons, the National Observer reported...

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