MORE►
Business
Mark Cuban
Mark Cuban Is Selling Majority Ownership of the Dallas Mavericks to the Adelson Family
by David Seeley | Nov 29, 2023
News of the deal hit North Texas with something of a shock wave late Tuesday, leading to a series of aftershocks and follow-up stories about why the sale happened—and what shoes may drop next: Is Cuban running for president? And could a "casino entertainment district" be in Dallas' future?
by Lance Murray |
Nov 28, 2023
Via the all-cash, take-private deal, Avantax has become a standalone business unit within the San Diego-based Cetera family, with 3,111 financial professionals representing $82.3 billion in assets under administration and $42 billion in assets under management.
MORE►
by David Seeley |
Nov 28, 2023
The new HEEDS AI Simulation Predictor from Siemens Digital Industries Software empowers engineering teams to harness the potential of advanced AI-driven predictive modeling. And Siemens' new Simcenter Reduced Order Modeling solution uses "high-fidelity data" to enable engineers to gain rapid predictions and to make critical decisions, faster, the company said.
MORE►
by David Seeley |
Nov 28, 2023
As the inaugural customer of Graphyte, a North Carolina-based carbon removal startup, the Fort Worth-based airline has purchased 10,000 tons of carbon removal credits to be delivered in early 2025. Graphyte's technology turns biomass into "dense carbon blocks" that are wrapped and stored underground.
MORE►
o9 Solutions CEO and Co-Founder Chakri Gottemukkala [Photo: o9 Solutions; DI]
The Last Word: o9 Solutions’ Chakri Gottemukkala on Building a Multi-Billion-Dollar Digital Brain
by Quincy Preston | Nov 27, 2023
Dallas-based o9 Solutions has defied the odds in the world of tech unicorns. In just three years, o9's valuation has nearly quadrupled to hit $3.7 billion recently, bucking a trend of declining values for later-stage tech companies.
MORE►
by Sandra Engelland |
Nov 24, 2023
Bixler will lead the Sonar team in providing comprehensive customer lifecycle management technology for internet service providers while continuing to boost growth and momentum in the fiber and hybrid ISP markets.
MORE►
by Sandra Engelland |
Nov 24, 2023
Dallas-based KaarTech, a global SAP and digital transformation consulting company, has named Prabhakar Prasad president of North America and Rajesh Raj vice president and head of enterprise business....
MORE►
by Lance Murray |
Nov 22, 2023
Avenida Partners has launched pre-leasing and private tours for Avenida Carrollton, the first active adult 55+ community in Carrollton that features both boutique apartments and designer villas....
MORE►
Charles Schwab, Founder & Co-Chairman. [Photo: Business Wire]
Wisdom of the Crowd: Schwab Commemorates its 50th Anniversary with Investor Survey
by Lance Murray | Nov 21, 2023
To commemorate its 50th anniversary, Westlake-based Charles Schwab has released results of a comprehensive survey of investors that the company said provides insights into the habits and experiences of its clients as well as what the clients see as critical to their satisfaction and successful outcomes.
“I hear regularly from clients, many who started with us at the beginning — 40, even 50 years ago — and they tell me that, more than anything, discipline, patience and learning from the occasional mistake pay off and have brought them a financial freedom they could only have dreamed of,” Schwab founder and co-Chairman Charles Schwab, said in a statement....
MORE►
by Lance Murray |
Nov 20, 2023
Ashlee Verner, CPA, has been appointed interim president of Workforce Solutions of Greater Dallas, its board of directors announced.
Verner has a proven track record in workforce development and a commitment to the mission, Workforce Solutions said....
MORE►
by Lance Murray |
Nov 20, 2023
"PowerCampus Dallas will raise the bar in the North Texas data center market and beyond," Skybox CEO Rob Morris said of the project in Lancaster. It's slated to provide up to 300 megawatts of power supported by a private onsite substation while offering up to one million square feet of data center space.
MORE►
by Lance Murray |
Nov 20, 2023
Plano-based Siemens Digital Industries Software has completed its acquisition of Insight EDA Inc., an EDA software company that delivers groundbreaking circuit reliability solutions to many of the world’s leading integrated circuit (IC) design teams....
MORE►
[Image sources: istockphoto; DI]
Six Ellis County Organizations Receive $180K in Funding from Google
by Lance Murray | Nov 18, 2023
Google announced that six Ellis County organizations collectively will receive more than $180,000 from the company to support the physical and mental well-being of the county’s residents.
The company has a data center in Midlothian and recently announced a new data center in Red Oak.
“Providing resources and other support to six essential organizations in Ellis County is a necessary step towards enhancing the wellbeing and lives of residents throughout the community,” Kate Franko, regional head of Data Center Public Affairs for Google, said in a statement....
MORE►
by Lance Murray |
Nov 18, 2023
Fort Worth-based Operio Group has acquired Elizabeth Carbide Die Co. Inc., Elizabeth HATA, and Scheu & Kniss, leading manufacturers of tablet tooling, tableting presses, blister pack tooling, turrets, and press parts, from the Elizabeth Companies.
Operio, an emerging holding company building a global body of brands supplying and supporting the solid dose manufacturing industry, said the acquisition marks a pivotal moment in its endeavor to become the top provider of solutions for solid dose manufacturers....
MORE►
by Sandra Engelland |
Nov 17, 2023
Irving-based Uncle Julio’s Restaurant Group has named Scott Lawson as CEO and RJ Thomas as president and chief operating officer to accelerate the company’s growth.
“Uncle Julio’s commitment to authentic, one-of-kind dining experiences has created an incredibly loyal following and I’m honored to assume the role of CEO,” Lawton said in a statement....
MORE►
by David Seeley |
Nov 16, 2023
NYSE President Lynn Martin was in Dallas last week meeting with business leaders of some of the 50-plus DFW companies listed on the NYSE, as well as others that may be looking to go public. She was definitely on business-friendly ground in both the city and the Lone Star State, since more than 200 of the nearly 2,400 companies listed on the NYSE are based in Texas.
MORE►
