Business


Austin-based software company Mitratech makes another acquisition

Austin-based legal software maker Mitratech, which has grown through acquisitions, has done another deal. The company said it has purchased San Francisco-based ThinkSmart, which sells workflow automation software for handling legal work. ThinkSmart’s San Francisco offices will serve as Mitratech’s West Coast hub, the company said. Mitratech’s software is used by legal departments...


15 moments that have defined Austin’s Rooster Teeth 

15 moments that have defined Austin’s Rooster Teeth 

It all started with a funny web video posted on April Fool’s Day in 2003. A group of friends put together their own scripted dialogue with the video game “Halo: Combat Evolved” to animate a snarky meta commentary on basic Marines-in-space gaming tropes. But that video, which itself was preceded by a jokey trailer for the same show two years before, would begin 16 seasons of ...
Three questions to ask yourself before you buy wireless headphones

Three questions to ask yourself before you buy wireless headphones

As the race to take away headphone ports on smart phones continues, you may still be thinking about switching from wired to wireless headphones, especially if there’s a phone upgrade in your future. Before you commit to a set of cans or earbuds, especially if they’re pricey, here’s three questions you should consider: 1. Where am I going to use these? If you’re just trying...
Poll: Support for Amazon’s second headquarters low in Austin 

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 residents showed some of the lowest levels of support.  About 13 percent of Austin-area residents surveyed said they were...
Apple’s new recycle robot, Daisy, calls Austin home

Apple’s new recycle robot, Daisy, calls Austin home

If you’ve ever broken an iPhone screen, dealt with a drained-of-life iPhone battery or unsuccessfully tried to rescue an iPhone from ocean water, the gigantic pile of dead devices might feel a little haunting. They sit in a rose gold, space gray, white, jet black pile, dozens and dozens of them, deader than dead. Then, one by one, they are rolled up a conveyor belt to meet their final destroyer...
Central Texas home sales end 1st quarter with a flourish

Central Texas home sales end 1st quarter with a flourish

The Austin area’s home sales and median home sales price both hit record highs for the month of March, bringing the region’s housing market to a strong close for the first quarter, the Austin Board of Realtors said Thursday. Sales rose 10.5 percent over March of 2017, and the median price of the houses sold was up 3.5 percent to $305,233, the board said. “Last month, 2,714 single-family...
Riding success of first ‘Ryzen’ processors, AMD launches next generation 

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 said will noticeably boost performance for its target audience of gamers and video editors. The original Ryzen line has been a boon for AMD&rsquo...
Hays Commerce Center bringing new industrial space to Kyle

Hays Commerce Center bringing new industrial space to Kyle

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. When fully developed, the Hays Commerce Center, at 300 Vista Ridge Drive, will span 400,000 square feet. The initial phase, set to be completed this year, will be a 220,000-square-foot building that will be called the Hays Logistics Center....
Indiana-based mobile fundraiser OneCause acquires Austin’s Great Feats

Indiana-based mobile fundraiser OneCause acquires Austin’s Great Feats

Indiana-based mobile fundraising company OneCause has acquired Austin-based Great Feats, which provides a social engagement and fundraising platform. Financial terms were not disclosed. OneCause, based in Indianapolis, said Great Feats will allow it to add peer-to-peer social fundraising to reach new donors with with new social engagement tools.  Peer-to-peer fundraising is a type of...
Wednesday Tech Crawl: Russia blocks millions of IP addresses, and Austin LED company being sold

Wednesday Tech Crawl: Russia blocks millions of IP addresses, and Austin LED company being sold

Hello, Austin techsters.  Here’s hoping you’re having a happy Wednesday, and that your work week is going the way you intended. Here’s a look at some of the stories making headlines around the internet today: The chief of the Russian communications watchdog acknowledged Wednesday that millions of unrelated IP addresses have been frozen in a so-far futile attempt to block...
Thanks to $250 million mega-deal, venture capital activity in Austin soared in 1st quarter

Thanks to $250 million mega-deal, venture capital activity in Austin soared in 1st quarter

Thanks to a $250 million mega-investment in Austin-based WP Engine, venture capital activity in Austin soared in the first quarter. A total of $510 million was raised by 27 companies during the quarter, according to a survey by PricewaterhouseCoopers and CB Insights. That’s a 226 percent increase from the first quarter of 2017, when 25 Central Texas companies received $156.6 million. Nationwide...
What’s The Ruckus? Student housing project plans second tower

What’s The Ruckus? Student housing project plans second tower

An Austin-based developer is looking to make an even bigger Ruckus in West Campus. Lincoln Ventures, the company behind The Ruckus, says the year-old student housing project has been such a success that it’s planning a companion property, The Ruckus 2.0. Construction started this month and work is expected to be done in time for the fall 2019 semester at the University of Texas. The Ruckus 2...
Lofts on Rock project set to open in downtown Georgetown

Lofts on Rock project set to open in downtown Georgetown

Construction is expected to wrap up this month on what is being billed as the first residential mixed-use project in downtown Georgetown. The Lofts on Rock is a five-story project by Cerus Development LLC at 810 Rock St. in Georgetown’s historic district. The building has 12 upscale condominiums, plus commercial space on the ground floor. The residences are priced from the mid-$200,000s to the...
What could be more Texan than a Whataburger charm from James Avery?

What could be more Texan than a Whataburger charm from James Avery?

What-a-charm. Two Texas brands banded together once again to offer customers a special piece of Lone Star State bling.  After selling out within hours in October, James Avery’s Whataburger charm appears to be back in stock.   According to the James Avery website, the sterling silver charm is 5/8 of an inch long and costs $60. Buyers have the option to engrave the back...
Austin Game Conference sitting out 2018; Game Leadership Summit coming in September

Austin Game Conference sitting out 2018; Game Leadership Summit coming in September

In September, Austin will be missing one of its key videogaming-focused conferences. But another one, more focused on the management of game companies, will be taking its place. The Austin Game Conference, which made a return to Austin in 2016 and 2017 after a long hiatus, won’t be back for 2018, said its founder and executive director Chris Sherman of Plan C Ventures.  In a post on the...
Plans move ahead for mixed-use project at Garza Ranch site

Plans move ahead for mixed-use project at Garza Ranch site

A development firm says it is moving ahead with plans for a mixed-use development on a 34-acre tract of raw land in Southwest Austin that for years stirred battles over what could be built there. Brandywine Realty Trust said Monday that it has signed on development partners for the project on the Garza Ranch site, which is at MoPac Boulevard (Loop 1) and Ben Garza Lane. SHI International, Trammell...
Texans could lose access to retail cannabis products

Texans could lose access to retail cannabis products

Proponents of medical marijuana in Texas cheered what they viewed as a small but significant step forward in February, when the first legal sales of products containing a non-psychoactive extract of the plant began under the state’s highly restrictive medical cannabis law. But they’re recoiling two months later, as a state health agency considers a proposal that could strip from Texas...
The Triangle’s owner refinances, gets $78 million loan

The Triangle’s owner refinances, gets $78 million loan

The owner of The Triangle has refinanced the Central Austin mixed-use project. The Dinerstein Cos., a Houston firm, said Monday it had obtained a $78 million loan. The floating-rate loan is for seven years and has a three-year interest-only feature. CBRE assisted The Dinerstein Cos. with the refinancing. The Triangle, at 4600 W. Guadalupe St., has 529 apartments and is also home to 35 shops and restaurants...
Monday Tech Crawl: Online tax increase looms, and Buda looks to attract a corporate tech campus 

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 have a physical presence in the state. If the court overturns the precedent, shoppers could see a sales tax hit in online marketplaces such as Amazon...
Statesman recognized with 23 Texas journalism awards

Statesman recognized with 23 Texas journalism awards

The American-Statesman was recognized with 23 awards this weekend by the Texas Associated Press Managing Editors for stories, photos and videos during 2017. The Dallas Morning News was named Texas APME’s large-circulation Newspaper of the Year, and the Houston Chronicle was runner-up. The American-Statesman, which won the award three of the previous four years, took third place for 2017. &ldquo...
Top Local Business Stories of the Week

Top Local Business Stories of the Week

ORACLE EXPANSION Oracle plans to nearly double size of Austin campus, city documents show: Oracle’s massive Austin waterfront campus is about to get even bigger. In March, Oracle moved into its new, five-story building in Southeast Austin that spans more than half a million square feet and overlooks Lady Bird Lake. Plans filed with the city of Austin now show just how much larger the corporate...

Up the Ladder

Biotechnology Genprex Inc. has named Julien Pham president. Government The Railroad Commission of Texas has named Wei Wang executive director. Technology TimiCoin/TimiHealth has named Jim Bonnette and Kai Tsai to its advisory board.
UT Co-op aims to remake itself after ‘challenging times’

UT Co-op aims to remake itself after ‘challenging times’

In 2006, after the University of Texas won the national championship in football, the University Co-op was riding high off sales from its flagship textbook and merchandise store on Guadalupe Street. Demand for Longhorns gear was at a peak, and the Co-op was expanding to reach fans in other cities around the state. But times have been much tougher since then for the 122-year-old anchor of Austin&rsquo...
Austin restaurant combo: Mama Fu’s to buy Austin’s Pizza

Austin restaurant combo: Mama Fu’s to buy Austin’s Pizza

Two homegrown restaurant chains are joining forces, with Mama Fu’s Asian House set to acquire Austin’s Pizza. Financial terms of the deal, which has already been announced to employees and is set to be finalized Wednesday, weren’t disclosed. It’s a combination that might seem a bit odd at first glance, but Austin’s Pizza owner J.D. Torian says it actually makes a lot...
Talking with Texas Standard about Apple Pay’s big (and possibly annoying) push

Talking with Texas Standard about Apple Pay’s big (and possibly annoying) push

This week on the “Texas Standard” radio program, we talked about why Apple has been so aggressive of late pushing its Apple Pay digital wallet platform, to the point that some users are trying to figure out ways to get rid of an alert badge that it generates to get users to sign up. Why does Apple want you using its Pay service and is Apple Pay doing well versus rivals such as Samsung...
Anticipated St. Elmo project reveals initial slate of tenants

Anticipated St. Elmo project reveals initial slate of tenants

It doesn’t look like much right now, but by this time next year a long-empty South Austin warehouse will be transformed into a bustling marketplace populated with more than 20 local merchants. With construction set to kick off next month, the development team behind St. Elmo Public Market has released an initial batch of tenants – a list that features several heavy hitters in Austin&rsquo...
Friday Tech Crawl: Backpage CEO faces charges, phone security woes and what’s a computer, really?

Friday Tech Crawl: Backpage CEO faces charges, phone security woes and what’s a computer, really?

Happy Friday, Austin! Here are some of the tech stories we’re following In case you missed it yesterday, the company behind classified ads site Backpage.com has pleaded guilty to charges of human trafficking in Texas and its CEO Carl Ferrer plead guilty on money laundering charges here. The state attorneys general in Texas, California and Arizona were part of the case and there are charges in...
Dell bucks industry trend, sees PC sales growth in 1st quarter

Dell bucks industry trend, sees PC sales growth in 1st quarter

Round Rock-based Dell Technologies bucked the first quarter trend with its PC sales, seeing them grow by 6.5 percent while overall worldwide shipments declined, according to new industry data. Worldwide PC shipments declined by 1.4 percent in the first quarter, according to tech industry research firm Gartner Inc. Total shipments dropped to 61.7 million units, according to Gartner, the 14th consecutive...
Documents: Oracle plans to nearly double size of Austin campus

Documents: Oracle plans to nearly double size of Austin campus

Oracle’s massive Austin waterfront campus is about to get even bigger. In March, Oracle moved into its new, five-story building in Southeast Austin that spans more than half a million square feet and overlooks Lady Bird Lake. Now, new plans filed with the city of Austin show just how much larger the corporate campus along South Lakeshore Boulevard is about to get. The city documents show that...
What is the ‘richest’ zip code in Austin?

What is the ‘richest’ zip code in Austin?

A zip code including the affluent neighborhoods of West Lake Hills and Rollingwood was named one of the “richest” by Bloomberg. Zip code 78746 is mostly bound by Barton Creek, Bee Caves Road, the Colorado River and Mopac, although portions stretch east of the highway to include areas like Zilker Park.  Bloomberg analyzed 2015 IRS adjusted gross income and salary data and median...
Oracle plans to nearly double size of Austin campus, city documents show

Oracle plans to nearly double size of Austin campus, city documents show

Oracle’s massive Austin waterfront campus is about to get even bigger. In March, Oracle moved into its new, five-story building in Southeast Austin that spans more than half a million square feet and overlooks Lady Bird Lake. Now, new plans filed with the city of Austin show just how much larger the corporate campus along South Lakeshore Boulevard is about to get. The city documents show...
Walmart plans $277 million Texas investment in 2018

Walmart plans $277 million Texas investment in 2018

Walmart says it will invest $277 million in Texas this year, with plans to remodel more than 40 stores, build four new stores and add a number of in-store and online tools. The retail giant’s plans include remodeling four Central Texas Walmart stores — one each in Austin, Marble Falls, Boerne and Kerrville. In Austin, the remodel is planned for the Walmart store at 710 E Ben White Blvd...
The Amazon Treasure Truck is in Austin, offering special items at discounted prices

The Amazon Treasure Truck is in Austin, offering special items at discounted prices

The Amazon Treasure Truck is rolling around Austin.  It’s exactly what it sounds like: a truck full of discounted Amazon goodies with special prices and daily deals. The daily offers range from fresh food to electronics to kitchen appliances and more. RELATED: Here’s your friendly reminder that Jeff Bezos is George Strait’s cousin Here’s how it works: Sign up...
‘Apple Store for sleep’ coming to Domain Northside

‘Apple Store for sleep’ coming to Domain Northside

Amerisleep, which calls itself the “the Apple Store for sleep,” is coming to Austin. The company will open its first Texas store on April 21 at Domain Northside, 11800 Domain Drive, just a short distance from the “real” Apple Store. Even without a storefront here, plenty of Austinites have already been shopping online for mattresses and bedding accessories at Amerisleep, according...
Cryptocurrency investment fraud running rampant in Texas, state says

Cryptocurrency investment fraud running rampant in Texas, state says

So-called digital coins might live up to their hype someday of being integral to commerce of the future, but in the interim the term “cryptocurrency” already has a more dubious distinction — it’s become the most common buzzword used in investment scams statewide.  Crypto-related potential swindles have surpassed schemes involving oil and gas assets, real estate and stocks...
Southwest Airlines adds nonstops from Austin to 3 new cities

Southwest Airlines adds nonstops from Austin to 3 new cities

Southwest Airlines has launched new nonstop flights between Austin and three cities. This week marks the debut of the discount carrier’s service between Austin-Bergstrom International Airport and San Francisco; Sacramento, Calif.; and Indianapolis, Ind. The San Francisco and Sacramento flights are daily, while the Indianapolis flight operates only on Sunday. Dallas-based Southwest is the largest...
Austin office market keeps humming along

Austin office market keeps humming along

The Austin-area office market kept rolling in the first quarter, with rents for top-quality space at a record high and the occupancy rate also up from a year ago, the latest figures show. In its latest quarterly report, commercial brokerage Cushman & Wakefield Austin said rents for Class A space rose, on average, to $39.93 a square foot per year. That’s an all-time high, and up from $37.86 per...
Pilot program to help blind and visually impaired Cap Metro riders could eventually go citywide

Pilot program to help blind and visually impaired Cap Metro riders could eventually go citywide

An executive for the Paris-based company Connecthings says that a pilot program it started last month with Capital Metro to provide real-time bus information to the blind and visually impaired in Austin is going well and that he hopes it will expand to the entire city. Louis-Alban Batard-Dupré, the company’s North America vice president, said Connecthings began working on the accessibility...
Austin’s Asure Software dives deeper into Internet of Things with latest acquisition

Austin’s Asure Software dives deeper into Internet of Things with latest acquisition

Asure Software is diving deeper into the Internet of Things with its latest acquisition. The Austin-based company, which has grown in recent years by buying smaller companies, said Monday it has acquired OccupEye Limited, which provides an employee monitoring device. OccupEye was developed by Cad-Capture, a United Kingdom-based data management company.  Financial terms of the deal were not disclosed...
Dell-controlled Pivotal Software could raise up to $592 million in IPO

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 Class A shares priced between $14 and $16 per share, according to securities filings. It has not yet announced when the IPO will happen. ...
Monday Tech Crawl: Facebook suspends Cambridge Analytica-linked consultancy, and Amazon explores Echo-enabled payment transfers 

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. AggregateIQ has links to Cambridge Analytica, the political consultancy at the center of an investigation by The New York Times that...
Top Local Business Stories of the Week

Top Local Business Stories of the Week

STATESMAN SALE American-Statesman’s new owner says Austin will be ‘a flagship’ for media group: Executives with New York-based publishing company GateHouse Media, the new owner of the Austin American-Statesman, said that they envision Austin becoming a key hub for the company’s expanding media operations throughout the west. “We really want Austin to be a flagship of...

Up the Ladder

Health care HCB Health has named Francesco Lucarelli senior vice president, strategy and account services. Medical Triumvira Immunologics has named Cynthia Collins to its board of directors. Private equity Blue Sage Capital has named Jonathan Pearce and Eric Weiner partners and Erica Holland vice president. Real Estate The Austin Board of Realtors has named Emily Chenevert chief executive officer...
Could Amazon use Whole Foods stores as part of distribution network?

Could Amazon use Whole Foods stores as part of distribution network?

Amazon has been under fire lately from President Donald Trump, who has accused the online retail giant of hurting the U.S. Postal Service by paying less for shipping costs than the average customer. But Amazon soon might not need the Postal Service. Amazon has other delivery options, industry experts say — some of which involve Austin-based Whole Foods Market, the 470-plus store grocery...
Friday Tech Crawl: more Facebook fallout, Trump’s Amazon grudge and ‘Legion’ stars on Tinder

Friday Tech Crawl: more Facebook fallout, Trump’s Amazon grudge and ‘Legion’ stars on Tinder

Good Friday morning, Austin! Here are some of the tech stories we’re reading this morning. Facebook has been on the ropes of late over its Cambridge Analytica data snafu, but that hasn’t kept it from making moves that are making it look even worse this week. TechCrunch reports that the social network has removed messages sent from CEO Mark Zuckerberg and other executives via Messenger...
Obamacare sign-ups slip in Austin area; strong economy likely a factor

Obamacare sign-ups slip in Austin area; strong economy likely a factor

Enrollment in health insurance plans for 2018 under the Affordable Care Act slipped from 2017 in the Austin metro area but still reached about 85 percent of last year’s total, despite a sign-up period that was half as long and widespread confusion over the fate of the law. Statewide, enrollment came in at about 92 percent of the 2017 number, according to the federal Centers for Medicare and...
Talking about the Hell that is conference calls on Texas Standard

Talking about the Hell that is conference calls on Texas Standard

This week on the “Texas Standard” radio show, we discuss why so many of us dread web meetings, videoconference chats and conference calls. Sometimes, it’s technological issues (why can’t people mute themselves? Why won’t this browser plug-in work?), other times it’s simply the drudgery of long meetings in virtual space.  So get your Conference Call Bingo...
RV rental firm Outdoorsy moves corporate HQ from California to Austin

RV rental firm Outdoorsy moves corporate HQ from California to Austin

Online travel company Outdoorsy said Thursday it has moved its corporate headquarters from San Francisco to Austin to take advantage of the area’s talent pool, tech scene and outdoors culture. Outdoorsy said it has transferred its management team and 20 to 30 employees to Central Texas. The company said it plans to make additional hires in its marketing, customer service, software engineering...
Growth strategy turns Austin’s Pathway Vet Alliance into industry power

Growth strategy turns Austin’s Pathway Vet Alliance into industry power

Founded in 2012, Austin-based Pathway Vet Alliance has grown from a single veterinary clinic on North Lamar Boulevard to more than 130 locations in 26 states. The company has 2,700 employees nationwide, including 100 in Austin. It expects to add more than 45 workers in Austin this year. Stephen Hadley, a veterinarian and CEO of Pathway, said the company has grown by focusing on clinics that fit its...
Austin’s Pathway Vet Alliance uses acquisition strategy to grow into industry power 

Austin’s Pathway Vet Alliance uses acquisition strategy to grow into industry power 

Stacy Fuchino became a veterinarian because he wanted to care for pets. But after 20 years of owning P.V. Village Pet Hospital in Redondo Beach, Calif., the administrative side of his clinic was gobbling up too much of his time. So about two years ago, Fuchino sold P.V. Village to Pathway Vet Alliance, an Austin-based company that has quietly grown into one of the largest veterinary clinic owners...

Austin Board of Realtors names new CEO

Emily Chenevert is the new chief executive officer of the Austin Board of Realtors. Chenevert, who has been the group’s interim CEO since Jan. 1, will assume the new post effective immediately, the board said in a prepared statement Thursday. She is the group’s first female CEO. The announcement follows a unanimous vote by the group’s 15-member board of directors at its April 4 meeting...
Austin alcohol sales jump 7 percent in February

Austin alcohol sales jump 7 percent in February

Alcohol sales at Austin bars, restaurants and hotels jumped 7 percent in February, according to an American-Statesman analysis of state data. Citywide, bar tabs totaled $59.6 million, up from $55.8 million in 2017. Sales across Texas were up 5 percent in February, reaching $546.6 million. The top-selling venue statewide in February was San Antonio’s AT&T Center, where thirsty patrons downed...
Things to check before you hand-me-down a gadget to your kid

Things to check before you hand-me-down a gadget to your kid

My 8-year-old is a savant at lyrics and beats from current hit music (the clean songs only, I hope). When she began asking if she could have her own iPhone in order to listen to music, my wife and I balked. But then I came with what I thought might be a good compromise: I’d give her an old iPod Touch that was collecting dust, unused in a drawer. Things are never as easy as they seem, though...
Proximity to school forced Austin medical marijuana firm to relocate

Proximity to school forced Austin medical marijuana firm to relocate

The type of marijuana grown under the state’s medical cannabis law can’t get anybody high, but Texas regulators still don’t want it near school children — a policy one of the new medical cannabis companies has learned the hard way. Surterra Texas is months behind the other two medical cannabis companies licensed in Texas — Compassionate Cultivation and Cansortium Texas...
Austin medical marijuana firm has to relocate due to school proximity

Austin medical marijuana firm has to relocate due to school proximity

The type of marijuana grown under the state’s medical cannabis law can’t get anybody high, but Texas regulators still don’t want it near school children — a policy one of the new medical cannabis companies has learned the hard way. Surterra Texas is months behind the other two medical cannabis companies licensed in Texas — Compassionate Cultivation and Cansortium Texas...
St. David’s HealthCare acquires Austin Diagnostic Clinic

St. David’s HealthCare acquires Austin Diagnostic Clinic

One of the largest physicians groups in Central Texas is under new ownership. St. David’s HealthCare said Wednesday that it had acquired Austin Diagnostic Clinic. Terms of the sale, which closed Sunday, were not disclosed. Austin Diagnostic Clinic will keep its name, executives said, while aligning its 700 employees – including 154 doctors – with St. David’s HealthCare. &ldquo...
Midlife 'wealth shock' may lead to death, study suggests 

Midlife 'wealth shock' may lead to death, study suggests 

A big financial loss may shorten your life, a new study suggests. Middle-aged Americans who experienced a sudden, large economic blow were more likely to die during the following years than those who didn't. The heightened danger of death after a devastating loss, which researchers called a "wealth shock," crossed socio-economic lines, affecting people no matter how much money they had to...
Whole Foods prices still higher than competitors, study finds  

Whole Foods prices still higher than competitors, study finds  

When Amazon first lowered prices at Whole Foods Market after buying the grocer in August, customers wondered if the changes could eventually make Whole Foods as affordable as other stores.  Eight months later, Whole Foods remains more expensive than some competing grocery chains, according to a report by investment firm Morgan Stanley.  A basket that Morgan Stanley measured at Whole...
Statesman’s new owner says Austin will be ‘a flagship’ for media group

Statesman’s new owner says Austin will be ‘a flagship’ for media group

Executives with New York-based publishing company GateHouse Media, the new owner of the Austin American-Statesman, said Tuesday that they envision Austin becoming a key hub for the company’s expanding media operations throughout the west. “We really want Austin to be a flagship of GateHouse,” said Jason Taylor, president of GateHouse’s western U.S. publishing operations. &ldquo...
Houston company building 10 Austin-area self-storage facilities

Houston company building 10 Austin-area self-storage facilities

A Houston-based company says it is spending $125 million to build eight new self-storage facilities and expand two existing facilities in the Austin area. The Jenkins Organization says two of the new facilities have already opened: ATX Storage at 6901 N. Interstate 35 in North Austin and Lakeline Storage at 11000 Lakeline Blvd. in Northwest Austin. The remaining six new facilities still under construction...
Austin’s Asure Software makes two more purchases, secures capital to continue acquisitions 

Austin’s Asure Software makes two more purchases, secures capital to continue acquisitions 

Asure Software announced two more purchases on Monday and said it has secured additional capital to continue its acquisition strategy. Austin-based Asure said it has acquired Wells Fargo Business Payroll Services’ Evolution HCM customer portfolio, which is a division of Wells Fargo & Company.  Customers using Wells Fargo payroll services will transfer to Asure by July 2, the company said...
Monday Tech Crawl: Spotify prepares for first day of trading, and Zuckerberg proposes independent appeal process at Facebook 

Monday Tech Crawl: Spotify prepares for first day of trading, and Zuckerberg proposes independent appeal process at Facebook 

Spotify will begin trading on the New York Stock Exchange Tuesday The music streaming phone app is entering the public market in an interesting way. Instead of letting banks serve as an underwriter for pricing and allocating large shares to investors, Spotify has opted to let the market set the prices. The move could make Spotify more vulnerable on its first day of trading,  but it could also...
During bombings, robots played key role for Austin police

During bombings, robots played key role for Austin police

On the morning of March 21, a white Austin police bomb squad truck pulled out of an obscure city facility near Austin-Bergstrom International Airport and rolled north, toward Pflugerville. The truck had been used a handful times in the previous weeks as a serial package bomber spread fear through Central Texas, with five bombs that killed two people while injuring others, and a sixth bomb that was...

Up the Ladder

Medical/health care Acessa Health has named Ryan Graver vice president, market access and reimbursement; Kathleen Malaspina chief innovation officer and vice president of marketing; and Brian Bergeron chief technology officer and vice president of operations. Aeglea BioTherapeutics has named Ivana Magovčević-Liebisch to its board of directors. Law firms McGinnis Lochridge has named Clarke...
Top Local Business Stories of the Week

Top Local Business Stories of the Week

YETI REVERSAL Yeti changes mind on IPO plans: Austin-based Yeti Holdings Inc. has reversed course on a planned initial public offering of stock. In a letter to the U.S. Securities and Exchange Commission, Yeti CEO Matthew Reintjes said the decision is the result of “market conditions.” Reintjes’ letter, dated March 23, asks the SEC to return all correspondence related to the IPO...
Texas officials: Delivery apps becoming gateway for underage drinking

Texas officials: Delivery apps becoming gateway for underage drinking

The convenience of ordering a cold six-pack for home delivery with just a few swipes on a smartphone might be proving particularly satisfying for one demographic group – underage drinkers. In a handful of sting operations conducted by Texas regulators, people younger than the legal drinking age of 21 were able to obtain alcohol using app-based delivery services at more than twice the rate generally...
More live news, new on-air look, new hires: Spectrum News ups its game

More live news, new on-air look, new hires: Spectrum News ups its game

A lot has changed at Spectrum News in the past year. Perhaps nowhere was that more apparent than during the 24-hour local news channel’s coverage of the Austin bombings. Available to Spectrum subscribers on Channel 8, Spectrum News offered live, round-the-clock coverage – and viewers definitely took notice, with sharp increases in viewership. While it might seem like common sense to go...
Round Rock-based Flix Brewhouse unveils aggressive expansion plans

Round Rock-based Flix Brewhouse unveils aggressive expansion plans

Round Rock-based Flix Brewhouse has big plans for the future. While movie theater attendance dipped 6 percent nationally last year – hitting a 20-year low – the news was much different for Flix. The small but growing chain — known for its on-site microbreweries and in-theater dining — saw a 5 percent increase in same-store attendance, a 10 percent increase in same-store revenue...
Friday Tech Crawl: MyFitnessPal breach, Google takes out ‘Kodi’ autocomplete and leaked Facebook memos aren’t a good look

Friday Tech Crawl: MyFitnessPal breach, Google takes out ‘Kodi’ autocomplete and leaked Facebook memos aren’t a good look

Happy Friday, Good or otherwise, Austin! Here are some of the tech stories we’re reading this morning: On Thursday, Under Armour, which owns the MyFitnessPal and MapMyFitness brands (the latter of which started in Austin) said Thursday that it had a data breach in late February that affected about 150 million user accounts. It’s urging users of MyFitnessPal to change their passwords...
Home values keep on climbing in Travis County

Home values keep on climbing in Travis County

On Friday, Travis County Chief Appraiser Marya Crigler will start sending out property value appraisal notices to Travis County homeowners – and the reaction from homeowners probably will be pretty familiar. If you’re trying to sell your house, you’ll likely be pretty happy with your home’s new valuation. If you are staying put and dreading a higher property tax bill, you probably...
Talking about Bitcoin and the basics of blockchain tech with Texas Standard

Talking about Bitcoin and the basics of blockchain tech with Texas Standard

This week on the “Texas Standard” radio show, we go back to basics explaining why Bitcoin is a thing that people care so much about and what blockchain technology actually does. Are we entering a new technological Valhalla of online transactions? Will these technologies live up to the hype? You can hear the segment on the Texas Standard website or listen to it below:
The de-register/re-register trick that might help your stalled app downloads

The de-register/re-register trick that might help your stalled app downloads

I ran into a problem recently when ebooks purchased or borrowed from Amazon’s Kindle store wouldn’t download to the company’s iPad app. After some frustrating attempts to keep downloading the same digital files over and over, seeing them get to 50 or 60 percent and then stalling out, I dug online for a solution and found that short of asking Amazon for customer support, one solution...
Austin’s SpareFoot acquires Raleigh-based software maker SiteLink

Austin’s SpareFoot acquires Raleigh-based software maker SiteLink

Austin-based SpareFoot, which runs an online marketplace for finding storage units, is buying North Carolina-based software maker SiteLink. Based in Raleigh, N.C., SiteLink sells cloud-based software solutions for the self-storage industry. Also as part of the deal, Cove Hill Partners, a private equity firm based in Boston, is acquiring a majority ownership stake in the combined company.  Financial...
New coffee shop happily puts 14 people with special needs to work

New coffee shop happily puts 14 people with special needs to work

Independent Grounds Coffee shop in Kennesaw, Georgia, serves much more than beans and hot water. >> Read more trending news  For owner Lorna Heid, it’s a way to teach her daughter Emma, who is 17 years old but has the cognitive level of someone a decade younger, Heid said. Emma started having seizures soon after she was born, and had to be rushed to Children's Healthcare of Atlanta...
Can gliding through downtown Austin on electric bikes (URB-E) and scooters (LimeBike) fix congestion woes?

Can gliding through downtown Austin on electric bikes (URB-E) and scooters (LimeBike) fix congestion woes?

The thing that takes getting used to is that you’re going to get looks. Cruising down the reddish protected bike lane of downtown Austin’s 3rd Street on a near-soundless set of wheels at speeds of up to 20 mph, bypassing sloggy traffic, the glances from pedestrians are inevitable. It might be that they haven’t seen a foldable bike such as the compact URB-E before, or that they&rsquo...
Officials: Toll roads may be key to Texas’ economic growth

Officials: Toll roads may be key to Texas’ economic growth

A four-letter word — toll — must re-enter the state’s political vocabulary if Texas is to solve its serious traffic congestion problems that are only getting worse because of continued rapid population growth, local business and civic leaders were told Wednesday. “We don’t have sufficient funds to cover all of the (road transportation) needs in Texas” without resorting...
How Russian bots, trolls tried to make hay with Austin bombings

How Russian bots, trolls tried to make hay with Austin bombings

As fear of a serial bomber gripped the Austin metro area last week, Russia-affiliated social media accounts began to push false narratives online and cause discord. Russian bots were helping push false narratives that the bombings weren’t being covered by the news media because the first four bombing victims were black and Hispanic, according to the Alliance for Securing Democracy. The bombings...
Russian bots and the Austin bombings: Can fact-checking offset division, misinformation?    

Russian bots and the Austin bombings: Can fact-checking offset division, misinformation?    

As fear of a serial bomber gripped the Austin metro area last week, Russia-affiliated social media accounts began to push false narratives online and cause discord. The Alliance for Securing Democracy, a bipartisan nonprofit that monitors 600 Twitter accounts linked to Russian influence agencies, reports that Russian bots and trolls were tweeting heavily about the Austin bombings at the height...
Walmart teaming up with FedEx, adding the delivery service in 500 stores

Walmart teaming up with FedEx, adding the delivery service in 500 stores

Walmart is opening FedEx shops for packing, shipping and printing services in 500 of its U.S. stores. >> Read more trending news  The retail giant and FedEx have been testing the partnership in about 50 locations in Colorado, North Carolina, South Carolina, Virginia, Arkansas and Texas. After success in the pilot program, the two companies announced at the ShopTalk conference earlier this...
No retail apocalypse for these companies: 5 retailers opening stores in 2018

No retail apocalypse for these companies: 5 retailers opening stores in 2018

It’s not all bad news for retailers in 2018. >> Read more trending news  Although thousands of stores are expected to close this year and several retailers have already filed for bankruptcy, a few chains are actually expanding their brick-and-mortar footprints. From sporting goods retailers to discount clothing stores, here’s a list of retailers thriving for now: Popular...
Texas alcohol agency reverses judge, preserving state booze industry

Texas alcohol agency reverses judge, preserving state booze industry

In a billion-dollar game of brinkmanship over the state’s booze business, the Texas Alcoholic Beverage Commission blinked. Last fall, when an Austin judge issued an opinion he acknowledged could shut down much of the state’s alcoholic beverage industry, he admitted it was ludicrous. But, Administrative Law Judge Robert Jones Jr. explained, he was bound to follow Texas law as it was written...
Apple proposing 13 new emojis representing users with disabilities

Apple proposing 13 new emojis representing users with disabilities

Apple Inc. wants new emojis to better represent those with disabilities, according to a recent proposal submitted to the Unicode Consortium. >> Read more trending news  “Currently, emoji provide a wide range of options, but may not represent the experiences of those with disabilities,” the proposal says. “Diversifying the options available helps fill a significant...
Yeti cancels planned initial public offering of stock

Yeti cancels planned initial public offering of stock

Austin-based Yeti Holdings Inc. has reversed course on a planned initial public offering of stock. In a letter to the U.S. Securities and Exchange Commission, Yeti CEO Matthew Reintjes says the decision is the result of “market conditions.” Reintjes’ letter, dated March 23, asks the SEC to return all correspondence related to the IPO. Reintjes joined Yeti in 2015, coming from Vista...
Abbott touts business potential on India trip, says Austin may benefit

Abbott touts business potential on India trip, says Austin may benefit

If Texas Gov. Greg Abbott’s ongoing trade mission to India is any indication, he probably doesn’t get many complaints from family and friends about the caliber of the souvenirs he brings home from vacation. Abbott, in the midst of a nine-day tour that includes Mumbai, Bengaluru and New Delhi, announced Monday that the U.S. subsidiary of Indian conglomerate JSW Group is planning to spend...
California chain buys Texas-based grocer Fiesta Mart

California chain buys Texas-based grocer Fiesta Mart

Fiesta Mart has a new owner. California-based Bodega Latina Corp. has purchased the grocery chain for an undisclosed price. The transaction is expected to close early in the second quarter. There are 63 Fiesta locations across Texas, including two in Austin: 3909 N. Interstate 35 and 5510 S. I-35. The chain specializes in international foods and, in particular, products of interest to Hispanic shoppers...
ON ICE: Yeti cancels planned initial public offering of stock

ON ICE: Yeti cancels planned initial public offering of stock

Austin-based Yeti Holdings Inc. has reversed course on a planned initial public offering of stock. In a letter to the U.S. Securities and Exchange Commission, Yeti CEO Matthew Reintjes says the decision is the result of “market conditions.” The letter, which asks the SEC to return all correspondence related to the IPO, gives no indication of if or when Yeti might choose to again pursue...
Report: Whole Foods stores with Amazon lockers are seeing more quick-trip shoppers 

Report: Whole Foods stores with Amazon lockers are seeing more quick-trip shoppers 

More shoppers are making short stops at Whole Foods Market stores that have installed Amazon lockers, according to a report by Reuters news service. Whole Foods has seen an 11 percent increase in quick trips at stores with the Amazon lockers since Amazon purchased the Austin-based organic grocery chain last August, with short trips being defined as those taking between three and five minutes...
Meet 5 Austin Women of Distinction, 2 Young Masters

Meet 5 Austin Women of Distinction, 2 Young Masters

Each year, the  Girls Scouts of Central Texas judiciously selects a small group of leaders to honor as  Women of Distinction. They are saluted at a brisk, dignified  luncheon, this year set for noon on April 26 at the AT&T Center. I always learn a lot at this event. RELATED: Two dozen Austin parties you don’t want to miss. Alexis Jones...
Texas DMV seeks to clarify dealership law — as it tries to enforce it

Texas DMV seeks to clarify dealership law — as it tries to enforce it

The question of who is allowed to own an automobile dealership in Texas is surprisingly confusing — even for the state agency that’s supposed to answer it. The Texas Department of Motor Vehicles, which enforces the complex regulations, has twice asked for legal clarifications from the attorney general’s office in the past year, and it also is proposing simplifications to an oversight...

Up the Ladder

Manufacturing Thermon Group Holdings has named Linda Dalgetty to its board of directors. Venture capital Next Coast Ventures has named Jason Dorsey a venture partner. Technology Spiceworks has named Nicole Tanzillo vice president of business operations,
Top Local Business Stories of the Week

Top Local Business Stories of the Week

WALMART & BOOZE Buying hard liquor at Walmart? It’s possible after Austin court victory: It could soon be possible to pick up some vodka or rum on your Walmart run. In a 50-page ruling, a federal judge in Austin found that some of the state statutes that have kept the discount chain from selling hard liquor in Texas are unconstitutional. U.S. District Judge Robert Pitman issued his ruling last...
Austin might be the ‘most difficult’ real estate market in Texas

Austin might be the ‘most difficult’ real estate market in Texas

As Austinites are in the middle of appealing-your-property-tax season, the folks over at Forbes.com would like to let you know about property investment across Texas. How did Austin do? As you might imagine, the answer is complicated. In a Forbes.com opinion piece entitled “Looking to Buy a Home in Texas? These Cities Are the Best Investments,” Ingo Winzer( president of the North Carolina-based...
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