Business

 

 

The Last Word: The Loop’s Executive Director on Opening the Hi Line Connector

by | Jul 11, 2024
Dallas is inching, walking, jogging, and pedaling its way toward completion of The Loop, a 50-mile, $135 million hike-and-bike trail that aims to connect people, neighborhoods, green spaces, and much more via a sweeping loop from White Rock Lake to the northeast to Oak Cliff and downtown Dallas and down south through the Trinity Forest before circling back northward again.
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Flying Green: American Airlines Boosts Investment in ZeroAvia, Orders 100 Hydrogen-Electric Engines
by | Jul 11, 2024

Fort Worth-based airline industry giant American Airlines has agreed to buy 100 hydrogen-electric engines intended to power regional jet aircraft from clean aviation innovator ZeroAvia. The engines produce zero inflight emissions except for water vapor, the airline said....

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Aiming for Growth, Software Solutions Company iRely Relocates HQ from Indiana to North Texas
by | Jul 10, 2024
The leading provider of back-office software solutions for petroleum, agriculture, and commodity trading and risk management industries has a global team of around 450 employees. Its new HQ in Irving's Las Colinas will leverage the region's "rich talent pool" and "thriving technology ecosystem." the company says.
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Dallas-Based CyrusOne Secures $9.7B Credit Facility To Fund Data Center Growth
by | Jul 10, 2024
CyrusOne—which operates over 55 data centers across the U.S. and Europe—said it has taken steps in the past year to further meet customer demand for AI while enhancing the company’s sustainability goals. It aims to tap the billions in new debt capital primarily to fund existing and future development projects in the U.S.
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Plano-Based Toyota Invests in EV Charging Network IONNA to Access 30K Fast-Charging Ports by 2030

by | Jul 10, 2024
IONNA is a joint venture founded by eight of the world's largest automakers, including BMW, General Motors, Honda, Hyundai, Kia, Mercedes-Benz, Stellantis, and now Toyota as well. The company said that by 2030, it aims to offer 30 battery-electric EV models across its Toyota and Lexus brands.
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Apple Inc. has secured Patent No. 12016123 for high-capacity computer modules, invented by Michael D. McBroom of Celeste, TX. The patent details modules that simplify computer system design, utilize system resources in a highly configurable manner, offer versatile functionality, and can be easily inserted into or removed from a computer system.
Patented: Apple’s High-Capacity Computer Modules and More North Texas Inventive Activity
Dallas-Fort Worth ranked No. 10 for patents out of 250 metros for the week of June 18, 2024. 102 patents granted include: Google's selecting and presenting representative frames for video previews, Halliburton Energy Services' downhole chemical reactor and gas generator with passive or active control, Intel Corporation's technologies for managing interoperable high definition maps for autonomous vehicles, Pieces Technologies' creating multiple prioritized clinical summaries using artificial intelligence, Sandisk Technologies' adaptive semi-circle select gate bias, and Texas Instruments' integrated current sensor with magnetic flux concentrators.
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Irving-Based IT Services Provider Zthernet Acquired by Nashville’s CloudScale365
by | Jul 9, 2024
Zthernet said its expertise in providing flat-fee managed IT services for small businesses, including network management, cybersecurity, cloud services, and IT support, will complement CloudScale365's comprehensive service offerings.
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The Franchise Game, a 2nd Annual African American Franchise Symposium, Is Coming to Plano in August
by | Jul 9, 2024
The nation's "first and only" African American franchise symposium and trade show will take place at Yum! Restaurants International in Plano on August 16 during Black Business Month. This year's theme: Own Your Future: Franchising as a Path to True Independence.
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The Last Word: Dallas Stars CEO on Broadcasting Live Games for Free on New Streaming Service

by | Jul 9, 2024
The Dallas Stars announced Monday that they've inked a seven-year agreement with A Parent Media Co. (APMC) to stream all regional Dallas Stars NHL games "free of charge." Beginning with the 2024-25 season, games will be broadcast on the newly formed VICTORY+—a free, ad-supported, direct-to-consumer streaming service created by APMC with the Stars.
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Lewisville-Based Caliber Auto Care and Its 33 Texas Locations Acquired by Arizona’s SunAuto
by | Jul 8, 2024

Mesa, Arizona-based Sun Auto Tire & Service has acquired 33 Caliber Auto Care locations throughout the state of Texas, including 16 in Dallas, building on its investment in Texas, the company announced in June.

Caliber is headquartered in Lewisville.

Sun Auto said the acquisition reinforces its dedication to excellence and its values-centered approach across its rapidly growing national footprint....

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Fort Worth Aerospace Supply Chain Company Announces New Global Facilities in California and India
by | Jul 8, 2024
Incora said that with the new facilities in Sacramento and Bangalore, it's investing in the growth of the business and its continued leadership as a global provider of integrated supply chain management services.
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Globe Life Field Gets 5G Upgrades in Time for MLB All‑Star Week
by | Jul 8, 2024
T-Mobile said the tech upgrades will enhance the experience for Arlington T-Mobile customers year-round and for visitors coming in just for the All-Star week festivities.
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Love Field Gets New Runway Surveillance System To Reduce Close-Call Risks

by | Jul 8, 2024
Dallas Love Field is one of the first airports in the U.S. to get the technology from Madrid, Spain-based Indra. Called AeroBOSS, it uses ADS-B surveillance technology and 5G data networks to improve air traffic control situational awareness and reduce the risk of runway incursions.
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The Last Word: Neiman Marcus Group CEO on Neiman’s $2.65B Acquisition by Saks Fifth Avenue Parent HBC
by | Jul 8, 2024
Last week's earthquake luxury retail news caused ripples from Dallas to New York and beyond. Saks Fifth Avenue parent company HBC is acquiring Neiman Marcus Group for $2.65 billion, establishing a new "technology-powered" luxury retail company called Saks Global. And Amazon is a key partner in the deal—along with being an investor, it will work with Saks Global "to innovate on behalf of customers and brands partners following the close of the transaction," the companies said.
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Data Axle Expands Enterprise Solutions Team, Emphasizes AI Integration

Data Axle, a Dallas-based leader in data-driven marketing and business intelligence solutions, has announced a significant expansion of its enterprise solutions team. The company, which has been operating since 1972, said it is reinforcing its commitment to client success while pushing forward with strategic growth and technological advancement....

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TeamSupport Launches AI Chat Tool, Names Former PwC M&A Veteran as CEO

TeamSupport, a provider of customer support software, has appointed Grant Stanis as its new Chief Executive Officer while simultaneously unveiling AI Assist, a new conversational AI tool for support tickets....

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