Crain's Austin (2024)

01/05/2018

Texas cancer agency launches programs to bridge biotech funding gap Via Xconomy http://cra.in/iqS020N

Austin---The Cancer Prevention and Research Institute of Texas (CPRIT) has created two new funding programs aimed at supporting the earliest-stage biotech

30/04/2018

Austin City Council chose not to give residents the right to vote on CodeNEXT or any future rewrite of the land development code in a 6-4 vote. Via Community Impact Newspaper http://cra.in/x9yyk6t

Apr 27, 2018: Austin City Council chose not to give residents the right to vote on CodeNEXT or any future rewrite of the land development code following a 6-4 vote in the early hours of Friday. Whether residents will get to vote on that right to vote remains in question as legal uncertainties contin...

30/04/2018

It might look from the outside like a game of scheduling chicken or a mistake that could have big implications for traffic in Austin and for students who planned to attend SXSW next March. Via Austin American-Statesman http://cra.in/L8CQhnm

Will the University of Texas at Austin change spring break dates for 2019 to line up with South by Southwest? Signs point to no.

30/04/2018

The cost of gasoline continues to increase across Texas, promising to bring higher prices this summer due to a lower crude oil inventory that has driven a price surge across the nation. Via Austin American-Statesman http://cra.in/iX3BDtJ

The temperature is rising — and so are gas prices.

30/04/2018

Some 21,289 Austin-area residents commuted 90 minutes or more to work each day in 2016, according to a new report by Apartment List, an online apartment listing service company. Via Austin Business Journal http://cra.in/UMwh41G

With Austin's rapid population growth comes a corresponding increase in the percentage of people spending at least an hour and a half each day getting to and from work.

27/04/2018

Researchers at the University of Texas at Austin are leading a $7.5 million military project aimed at developing artificial intelligence that could help unmanned aerial vehicles fly unassisted in emergencies. Via Austin Business Journal http://cra.in/FnDu9Cz

The goal: helping drones learn on the fly, replicating situations where humans might rely on intuition or gut feelings to make a quick decision.

27/04/2018

Austin startup Dosh has raised an additional $44 million to expand its app for finding cash and deals. Via Austin American-Statesman http://cra.in/v1nIzlx

The Austin startup offers a free app that gives consumers cash back on debit and credit card purchases when they shop, eat and travel.

27/04/2018

Capital Metro is testing new technology to make it easier to find a bus stop and learn when the next bus is coming. Via KXAN http://cra.in/FHNkIJK

Capital Metro has installed beacons at some of its downtown bus stops to test a new way for the public to find a bus and figure out where it will take you.

27/04/2018

Students will take classes at Lanier, visit IBM's Austin campus and receive mentorship from employees, according to a Wednesday announcement. Via Austin Business Journal http://cra.in/aWvrqqc

Participating students get a guaranteed interview with Big Blue — and the program may grow across Texas.

26/04/2018

On Wednesday, In.gredients – the Manor Road shop known for its strict commitment to sustainability – announced in a statement that Friday will be the shop's final day in business. Via CultureMap Austin http://cra.in/Vx4ZptW

The nation’s first experiment in zero-waste grocery shopping is over. On April 25, In.gredients — the Manor Road shop known for its strict commitment to sustainability — announced in a ...

26/04/2018

Home construction continued to boom in Central Texas in the first quarter, with builders starting work on 13 percent more houses than in the same quarter last year, the latest figures show. Via Austin American-Statesman http://cra.in/u2VRqVP

Home construction continued to boom in Central Texas in the first quarter, with builders starting wo...

26/04/2018

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. Via Austin American-Statesman http://cra.in/POIxl1t

Led by its IoT department, the Austin-based chipmaker on Wednesday recorded record revenue of $205.38 million for its first quarter ending on March 31.

26/04/2018

Zilker Park is getting a million-dollar upgrade, thanks to C3 presents, the local entertainment company that each year hosts the Austin City Limits Festival on the site. Via Austin Business Journal http://cra.in/DRpFHU8

The entertainment company has given millions of dollars over the years to the Austin Parks Foundation. This latest donation is aimed at improving the usability of a portion of Zilker Park usually used for extra parking.

26/04/2018

It brings BigCommerce’s total raised to more than $200 million since it was founded in 2009. Via TechCrunch http://cra.in/QY8ZLsn

Austin, Texas-based BigCommerce has completed a big round of funding. The growth-stage startup, which powers e-commerce sites for Sony, Toyota and 60,000 other merchants, has raised $64 million to …

25/04/2018

Via Crain's Austin http://cra.in/lBxMR79

Barack Ferrazzano welcomes litigation and motor vehicle partner Lloyd “Buddy” Ferguson, based in the firm’s new Austin, Texas, office. Mr. Ferguson has 30-plus years of trial experience in both civil litigation and administrative law in state and federal court, as well as before the Texas Depa...

25/04/2018

Driven in part by the intense competition for technology workers in California, Pacific Investment Management Co. has chosen Austin, Texas, for a new office. Via Los Angeles Times http://cra.in/EuS9cWe

Driven in part by the competition for technology workers in California, Pacific Investment Management Co. has chosen Austin, Texas, for a new office.

25/04/2018

The four primary ride-hailing firms that serve the Austin metro area have all recently signed contracts with Austin-Bergstrom International Airport that will guide how they operate at the airport. Via Austin American-Statesman http://cra.in/c3YSSYm

The four primary ride-hailing firms that serve the Austin metro area — Uber, Lyft, RideAustin and Wingz — have all recently signed contracts with Austin-Bergstrom International Airport that will guide how they operate at the airport for years to come.

25/04/2018

The latest redevelopment underway on Austin’s trendy South Congress Avenue is at the site that houses the CityView at Soco apartments. Via Austin American-Statesman http://cra.in/2IoFIUk

More changes are taking place on Austin’s trendy South Congress Avenue, with the latest redeve...

25/04/2018

To activate the collection's associated AR experience once in the app, users follow a map to one of 50 Trail Shop locations in the U.S. Via Fashion Network http://cra.in/KSSuCaX

Outdoor Voices is using augmented reality to debut the launch of its new running collection. Through the OV Trail Shop app, users can preview seams, textures and finishes, and locate running product in store.

24/04/2018

In Austin, homes stayed on the market an average of just 61 days. During June, when homebuying here is at its peak, that number dropped to just 53 days. Via CultureMap Austin http://cra.in/3SYw3kt

Prime homebuying season in Austin is coming up quick, and buyers should be prepared to move extra fast this year. Zillow recently found that in 2017, homes all across the nation ...

24/04/2018

In an email to its members, the NRA claimed Yeti “suddenly, without prior notice” indicated it no longer wished to do business with the NRA Foundation. Not so, says Yeti. Via Austin American-Statesman http://cra.in/FZKjLGq

Update: Austin-based Yeti says claims made by the National Rifle Association over the weekend are &l...

24/04/2018

The sponsor's income will still be used to determine the parents' Medicaid eligibility. Via Modern Healthcare http://cra.in/p68ijEv

Texas is revising its Medicaid coverage policies after the CMS and legal advocates voiced concern that the state denied U.S.-born children with foreign parents Medicaid coverage due to their sponsors' income.

24/04/2018

Austin-based legal software maker Mitratech has purchased San Francisco-based ThinkSmart, which sells workflow automation software for handling legal work. Via Austin American-Statesman http://cra.in/xoH3SIx

San Francisco-based ThinkSmart is Mitratech’s eighth deal and will serve as its West Coast hub.

23/04/2018

The local civilian labor force topped 1.19 million people last month, up by about 45,000 since March 2017, according to the Texas Workforce Commission. Via Austin American-Statesman http://cra.in/mg06DkL

The Austin area unemployment rate climbed slightly in March compared to February but remained below...

23/04/2018

Austin is in the running for a U.S. Army base intended to help the military branch contend with the threats of the 21st century and beyond. Via Austin Business Journal http://cra.in/GbezaVJ

The Army is trying to boost its tech bona fides. 15 cities are vying for the new command, which will reportedly have less than 500 people.

23/04/2018

Business owners sounded a common refrain: Life in a bustling and fast-growing population center doesn’t guarantee easy days of cash registers that ring by themselves. Via Austin Monitor http://cra.in/QnvnXhh

Business owners and leaders gathered Thursday for the Austin Chamber of Commerce’s State of Talent conference sounded a common refrain: Life in a bustling and fast-growing population center doesn’t guarantee easy days of cash registers that ring by themselves.Rather, compounding…

23/04/2018

Whatever the challenges, Pivotal went public and joined VMware as a separately traded company within Dell. Via TechCrunch http://cra.in/2B9BW5Q

Pivotal has kind of a strange role for a company. On one hand its part of the EMC federation companies that Dell acquired in 2016 for a cool $67 billion, but it’s also an independently operat…

20/04/2018

The owners of the Major League Soccer franchise Columbus Crew SC struck back Thursday against an Ohio lawsuit aimed at keeping the team from potentially relocating to Austin. Via Austin American-Statesman http://cra.in/8aa7jP2

Update, 8:15 a.m.

20/04/2018

AMD on Thursday debuted its second generation of Ryzen processors, a line of products the company said will noticeably boost performance for its target audience of gamers and video editors. Via Austin American-Statesman http://cra.in/Ns44qAR

AMD on Thursday debuted its second generation of Ryzen processors, a line of products the company said will noticeably boost performance for its target audience of gamers and video editors.

20/04/2018

Home Depot Inc. hopes to add about 1,000 tech jobs, with as many as half of them being created at its Austin technology center, as part of a $11.1 billion three-year strategic investment plan. Via Austin Business Journal http://cra.in/EBgO5kn

Home Depot is trying to stock up on high-tech minds as it deals with the shifting consumer trends that are buffeting the retail industry.

19/04/2018

Officials in Hays County are betting big on the region’s future, with plans to start construction next week on a sizeable mixed-use development in Kyle. Via Austin American-Statesman http://cra.in/ZWvQ5BQ

Officials in Hays County are betting big on the region’s future, with plans to start construct...

19/04/2018

Eighty-six percent of Austin residents say they would not support paying more taxes to fund incentives for Amazon, according to the poll. Via Community Impact Newspaper http://cra.in/ZEwhYen

Apr 18, 2018: A new poll released Wednesday suggests Austin residents generally support Amazon's potential expansion to the area, but they do not want generous incentives used to lure the tech giant's second headquarters to the region. Elon University Poll conducted what it called a "representative....

19/04/2018

Austin's cannabis-based business community is meeting Thursday and Friday at the city's first cannabis entrepreneurs conference. Via KXAN http://cra.in/0JXXw8F

Austin's cannabis-based business community is meeting Thursday and Friday at the city's first-ever cannabis entrepreneurs conference.

18/04/2018

Via Crain's Austin http://cra.in/keKxFv5

Argent Trust Company recently opened an office in Austin and appointed David Redding, former Frost Bank executive, to lead the new operation. Redding brings more than 28 years of experience leading teams in the financial services industry. As market president, he will manage Argent’s operations in...

18/04/2018

Construction is expected to wrap up this month on what is being billed as the first residential mixed-use project in downtown Georgetown. Via Austin American-Statesman http://cra.in/i8pY5FA

Construction is expected to wrap up this month on what is being billed as the first residential mixe...

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