Business

 

 

The Last Word: Project Director Milton Brooks on Dallas’ Five-Mile-Long Mill Creek Tunnel

by | May 16, 2024
The $300 million Mill Creek Drainage Relief Tunnel being built under Dallas is five miles long, was excavated up to 38 feet tall and wide, and is described as "the largest hard-rock gripper tunnel in North America, the Western Hemisphere, and, we think, the world" in a city video. Designed to provide 100-year flood protection for nearly 2,200 commercial and residential properties in the East Dallas area, its official name is almost as long as the tunnel itself: The Mill Creek/Peaks Branch/State-Thomas (MCPBST) Drainage Relief Tunnel.
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Dallas’ Latticework Capital Management Closes $345M Fund to Fuel Growth in Founder-Led Healthcare Ventures
by | May 16, 2024
LCM's oversubscribed second fund attracted diverse global investors. The firm, founded in 2015, has some $550 million in assets under management to date.
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Dallas’ Arcadia Biosciences Sells ‘Wheat Trait’ to Corteva Agriscience for $4M, Then Sells GoodWheat Brand for $4M
by | May 16, 2024
Two deals announced 48 hours apart have brought Arcadia Biosciences $8 million, including the sale of its "better-for-you" wheat brand, GoodWheat, to Canada's Above Food Corp.
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Exit Planning for Business Owners: Beginning with the End to Ensure a Smooth Transition
by | May 16, 2024
As an entrepreneur, you’re driven by passion, innovation, and the thrill of building something from the ground up. Exiting a business is a significant milestone that every business owner will eventually face, yet many entrepreneurs overlook the importance of strategic exit planning until it's too late. Whether you're looking to retire, pursue new opportunities, or simply move on, having a well-thought-out exit strategy is essential for maximizing value and ensuring a smooth transition for all stakeholders involved.
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North Texas’ RobotLAB Partners with Autonomous Vehicle Software Developer

by | May 15, 2024
California-based Cyngn said it chose RobotLAB as a preferred U.S. partner because of its decades-long experience successfully deploying more than 10,000 robots worldwide.
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Patented: Wing Aviation’s Automated Assignment of UAVs to Staging Pads and More North Texas Inventive Activity
Dallas-Fort Worth ranked No. 8 for patents out of 250 metros for the week of April 30, 2024. 128 patents granted include: 7-Eleven’s action detection during image tracking, Accenture’s rendering virtual objects in 3D environments, Advanced Neuromodulation Systems’ neurostimulator output switching circuitry with self-test mode, Bear Robotics’ system and non-transitory computer-readable recording medium for controlling a serving robot, Google’s methods and computer program products for providing a contactless protocol, and Huawei Technologies’ supporting multiple border gateway protocol (BGP) sessions using multiple QUIC streams.
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The Last Word: Why 15,000 Texas Rangers Fans Are Showing Off This Bling Today
by | May 15, 2024
Last night, the Rangers presented free replica Corey Seager World Series rings to the first 15,000 fans at the team's game against the Cleveland Guardians at Globe Life Field. 
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Fly-In Living: Aviation Community in North Texas Expands with Second ‘Air Park’
by | May 15, 2024
Imagine rolling out of bed, strolling to your hangar, and taxiing to a runway that's as close as some people's own front yards. It happens every day in Pecan Plantation, 35 miles southwest of Fort Worth.
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Virginia-Based PowerHouse To Build 1M‑SF Data Center Campus in Irving

by | May 15, 2024
To be located at Located at 111 Customer Way in Las Colinas, PowerHouse Irving is the third multi-phased data center development to be announced this year by the company, following PowerHouse Reno in Nevada and PowerHouse 95 in Spotsylvania County, Virginia.
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Dallas Developer Sells Historic Acme Brick Site Turned Industrial Park
Urban District 35, a master-planned industrial park that fronts I-35E in Denton, repurposes part of Acme Brick's historic manufacturing site to meet the region's growing logistics demand with Class A space.
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Frisco-Based AI & Data Startup Arhasi Gets Strategic Investment, Launches Foundry With Cloudbench
by | May 14, 2024
Arhasi and Cloudbench, a Google partner and leading emerging technology consulting firm, have launched a joint AI and data foundry in Frisco, staffed with experts from top universities. The foundry aims to drive innovation in AI and Web3 technologies.
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Plano-Based NTT DATA Tapped by Salesforce for Digital Transformation Services
by | May 14, 2024
NTT DATA said it will support the management and development of applications across Salesforce’s organization, from Salesforce Sales to MuleSoft, Slack, and hundreds more.
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ATM Giant Hyosung Americas Announces Fintech Innovation Veteran as CEO

by | May 14, 2024
Irving-based Hyosung America named Kunoh Kim CEO, bringing "new energy" to the company's banking technology business.
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Plano-Based Siemens Industry Software Partners with Sony on New Spatial Content Creation System
by | May 14, 2024
Sony's new XR head-mounted display, designed using Siemens' NX software, is a key part of the NX Immersive Designer. The solution aims to empower creators in industrial design and product engineering by providing "more immersive design, review, and collaboration tools."
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The Last Word: Dallas Police Chief on Potentially Deploying Facial Recognition Technology
by | May 14, 2024
Facial recognition technology is already being used for by the Texas Department of Public Safety and police departments in Fort Worth, Arlington, and McKinney. Now the Dallas Police Department may be next in line to deploy it by partnering with New York-based Clearview AI, based on comments at a Monday meeting of the city's Public Safety Committee.
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One Healthcare Company’s Billion-Dollar Story in Southern Dallas County
Medline sees continued growth with investments in cutting-edge technologies like AutoStore's robotic order fulfillment system and a strong area talent pool. At its Wilmer facility, the AutoStore system went live earlier this year, streamlining order processing through human-robot collaboration.
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