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Updated: 9 hours 28 min ago

Amazon opens 4-star store in Seattle as job postings hint at next location

Wed, 08/14/2019 - 8:00pm
As Amazon opens a new physical retail store in Seattle, job postings on the company's career website hint at the next location for a 4-star store.

43North plans to move staff, startup cos. to Seneca One Tower

Wed, 08/14/2019 - 7:55pm
A handsome incentive package including a $1.5 million Empire State Development grant will see 43North shift its offices from the Buffalo Niagara Medical Campus to the 24th floor of Seneca One Tower. Empire State directors are expected to vote on the grant at their monthly meeting Thursday morning in New York City, according to publicly available board materials. If the grant is approved, 43North staff and incubator tenants will move into the downtown tower in December, one month before M&T Bank…

Dallas City Council approves $9.35 million in incentives for Uber expansion

Wed, 08/14/2019 - 7:35pm
A campaign to lure a major Uber Technologies corporate hub and more than 2,500 high-paying jobs to downtown Dallas advanced Wednesday, with City Council approval of roughly $9.35 million in economic incentives. City Council members approved the agenda item unanimously, without discussion. Dallas Mayor Eric Johnson released a prepared statement after the vote saying he is “thrilled for Dallas and for Uber Technologies.” “Uber's expansion will bring thousands of high-paying jobs and a $110…

Pivotal Software stock spikes 72% on VMware acquisition plans

Wed, 08/14/2019 - 7:18pm
Palo Alto-based VMware Inc. said Wednesday that it plans to buy all outstanding shares of Pivotal Software’s Class A stock, leading to a nearly 72 percent spike in that company’s share price in after-hours trading. VMware said it plans to acquire the stock at $15 per share in cash. That's a nearly 81 percent premium on Pivotal's $8.30 closing price on Wednesday, but the same price at which Pivotal went public last year. Pivotal, a software and services company headquartered in San Francisco…

This Dallas-based CTO is creating tools to save teachers time

Wed, 08/14/2019 - 6:30pm
Bill Lowery of Istation is a finalist in the Corporate CTO Award category for the 2019 Tech Titan awards. Category winners will be announced at an awards event on Friday, Aug. 23. For more information about the awards event, click here. Istation is a Dallas-based educational technology firm that is on a mission to “educate children, empower educators and make a difference in the lives of students, teachers and families around the world,” said CTO Bill Lowery. The company’s newest innovation…

Capital One CTO wants tech to take customer experiences to the next level

Wed, 08/14/2019 - 6:29pm
Arjun Dugal of Capital One is a finalist in the Corporate CTO Award category for the 2019 Tech Titan awards. Category winners will be announced at an awards event on Friday, Aug. 23. For more information about the awards event, click here. Arjun Dugal, CTO for financial services at Capital One (NYSE: COF), has led the company through a massive tech transformation over the past few years. The financial company moved all of its applications to the public cloud, modernizing and transforming its entire…

Airbnb hits record number of stays

Wed, 08/14/2019 - 5:46pm
The number of Airbnb listings around the world has now eclipsed all the rooms operated by the top seven hotel chains combined, a figure that helped boost the home-sharing giant to pass a record-breaking number of stays this past weekend. San Francisco-based Airbnb reported more than 4 million guest check-ins on Saturday to mark the highest number of stays in the company's 11-year history. Since its early days of blowing up air mattresses in the founders' shared living room, the network now includes…

9 Arizona companies land on Inc. 500 list of fastest-growing U.S. businesses

Wed, 08/14/2019 - 5:35pm
Nine Arizona-based companies made this year’s Inc. 500 list of the fastest-growing private companies in the U.S. Phoenix-based tech startup Freestar LLC was recognized as the top company on this year’s list and was featured on the magazine’s September issue cover. Freestar ranked No. 1 with three-year revenue growth of 36,680% from its start in 2015 of $100,211 in sales to $36.9 million in 2018. “It’s been a fun rocket ship we’ve been on,” said Freestar co-founder David Freedman,…

Owner of former Square 1 strikes back in battle for venture banking talent

Wed, 08/14/2019 - 5:30pm
As Signature Bank of New York and Stifel mine the former Square 1 Bank for talent, Pacific West announces it’s beefing up its own venture banking group.

3 New Mexicans to know who are genuinely weird

Wed, 08/14/2019 - 5:25pm
New Mexico is genuinely weird.

Oculus co-founder quits Facebook, the latest in a string of departures

Wed, 08/14/2019 - 10:49am
Oculus co-founder Nate Mitchell announced Tuesday morning he is leaving Facebook’s virtual reality company after seven years — which means Facebook no longer employs any of the co-founders of companies it has acquired. Mitchell made the announcement on Reddit.com, calling his departure “bittersweet.” “After seven incredible years, I’ve decided to move on from Oculus/Facebook,” Mitchell wrote in a post on the Oculus subreddit. “I expect the incredible team at Facebook to continue…

Here are the 65 Silicon Valley companies on this year's Inc. 5000 list

Wed, 08/14/2019 - 10:45am
Only one Silicon Valley private business made the annual Inc. 5000 ranking of the fastest growing companies in the U.S. It is San Jose-based DigitalOnUS, a company that helps develop cloud native apps for business customers. It grew by 3,535 percent between 2015 and 2018. Others from the region that made the top 500 were San Mateo-based Exabeam, Santa Clara-based Position2, Mountain View-based Cumulus Networks, San Jose-based Green Bits and San Jose-based Edvenswa. The Silicon Valley Business…

Theme park engineering firm to develop fiberglass tech with NASA program

Wed, 08/14/2019 - 10:41am
Rockledge-based Entech Innovative Engineering, which specializes in theme park engineering projects, is set to start development of fiberglass technologies with NASA, leaping the firm into the space industry. Typically, Entech Innovative Engineering works with theme parks throughout the U.S. like Universal Studios to design rides and entertainment vehicles. However, John Marhoefer, Entech co-founder and chief engineer, also wants to take advantage of the "burgeoning" space market in his own backyard. One…

DOD inspector general is reviewing JEDI, but a restart unlikely

Wed, 08/14/2019 - 10:12am
There’s not a lot of time left on the clock to get JEDI off the ground. For that reason, the DOD might consider awarding the contract to a single vendor and then farming out other capabilities.

Plano firm's CTO wants banks to outsmart, not outspend

Wed, 08/14/2019 - 9:55am
Mark Haney of Alkami is a finalist in the Corporate CTO Award category for the 2019 Tech Titan awards. Category winners will be announced at an awards event on Friday, Aug. 23. For more information about the awards event, click here. Alkami Chief Technology Officer Mark Haney notes his staff of nearly 400 “Alkamists” are “all right here in North America working face-to-face in Plano,” but acknowledges that recruiting new talent in a tight labor market is a challenge. Alkami saw its revenue…

Plano software company that’s grown to 50 people just landed nearly $11M in funding

Wed, 08/14/2019 - 9:38am
The company, which targets its products at small to medium-sized businesses, has now raised more than $18 million.

This American Airlines exec is constantly thinking about how air travel will evolve

Wed, 08/14/2019 - 9:15am
Kerry Philipovitch, senior vice president of Customer Experience at American Airlines Group, Inc., sees technology playing a key role in the evolution of air travel.

S.F. carpooling app drives cross-country growth with $60M funding

Wed, 08/14/2019 - 9:00am
Scoop is looking to build off existing partnerships with Fortune 100 companies, accelerating growth throughout the Midwest and East Coast.

Facebook has halted ‘human review’ of audio chats

Wed, 08/14/2019 - 8:59am
Facebook said that it had halted the “human review” of recorded voice messages, becoming the latest big technology platform to shun the practice following a backlash from privacy critics.

Alegion nabs $12M to fuel growth

Wed, 08/14/2019 - 8:58am
Relying on "cloud labor," Alegion builds AI products that can help companies complete complicated and time-consuming tasks.

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