Lori Hawkins

Business reporter

Latest from Lori Hawkins

PIMCO picks Austin for third U.S. office, plans to grow to 200 workers by 2019
 PIMCO, one of the world’s biggest asset managers, said Tuesday it has chosen Austin for its third U.S. office and plans to hire dozens of employees. The Austin office “will have a significant technology presence” and is expected to open in the summer and will likely expand to about 200 workers, mostly new hires, by 2019...

Posted: 14 hours ago

PIMCO, one of the world’s biggest asset managers, said Tuesday it has chosen Austin for its third U.S. office and plans to hire dozens of employees. The Austin office “will have a significant technology presence” and is expected to open in the summer and will likely expand to about 200 workers, mostly new hires, by 2019...
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...

Posted: a day ago

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...
Thursday Tech Crawl: Jeff Bezos reveals Amazon has 100M Prime members, Facebook posts a job listing for chip designers, and some wonder if iPhone demand has peaked.
 Good Thursday morning to you, Austin! We have scanned the internet to bring you the latest in technology news. Here are today’s headlines: Amazon CEO Jeff Bezos has released his latest annual shareholder letter and it includes some news. Bezos disclosed for the first time that Prime now exceeds 100 million members worldwide. In 2017...

Posted: 5 days ago

Good Thursday morning to you, Austin! We have scanned the internet to bring you the latest in technology news. Here are today’s headlines: Amazon CEO Jeff Bezos has released his latest annual shareholder letter and it includes some news. Bezos disclosed for the first time that Prime now exceeds 100 million members worldwide. In 2017...
This Austin startup used its own virtual reality technology to pitch VCs -- and raised millions
 When it came time for TheWaveVR to raise a new round of venture capital, the Austin-based startup used its own virtual reality technology to make the pitch. The company, which has created a social platform for VR music and visual experiences, used its content creation tool, Wave Builder, to create an interactive VR pitch deck to pitch...

Posted: 5 days ago

When it came time for TheWaveVR to raise a new round of venture capital, the Austin-based startup used its own virtual reality technology to make the pitch. The company, which has created a social platform for VR music and visual experiences, used its content creation tool, Wave Builder, to create an interactive VR pitch deck to pitch...
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...

Posted: 6 days ago

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...
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...

Posted: 6 days ago

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...
Thursday Tech Crawl: Five things we learned from Mark Zuckerberg’s Facebook hearing. Plus, Apple’s stumbling HomePod isn’t the hot seller it wanted.
 Good morning, Austin! We have scrolled the internet to bring you the latest technology headlines. Here’s what’s happening: The Facebook founder, Mark Zuckerberg, was given a rougher ride on his second day of congressional testimony on Wednesday as he faced sharp questions about the tech giant’s ability to track its users&rsquo...

Posted: 12 days ago

Good morning, Austin! We have scrolled the internet to bring you the latest technology headlines. Here’s what’s happening: The Facebook founder, Mark Zuckerberg, was given a rougher ride on his second day of congressional testimony on Wednesday as he faced sharp questions about the tech giant’s ability to track its users&rsquo...
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...

Posted: 13 days ago

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...
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...

Posted: 13 days ago

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...
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...

Posted: 15 days ago

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...
Genprex, Austin startup developing anti-lung cancer treatments, raises millions in IPO
 Genprex, a startup developing anti-cancer therapies, is Austin’s newest publicly traded company. The biotech company’s shares debuted Thursday at an initial public offering price of $5. Genprex offered 1.28 million common shares in the IPO, as well as another 192,000 available through an underwriters over-allotment.  The...

Posted: 19 days ago

Genprex, a startup developing anti-cancer therapies, is Austin’s newest publicly traded company. The biotech company’s shares debuted Thursday at an initial public offering price of $5. Genprex offered 1.28 million common shares in the IPO, as well as another 192,000 available through an underwriters over-allotment.  The...