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Business
Lucid Hearing over-the-counter hearing aids. [Photo: Lucid Hearing]
Fort Worth’s Lucid Hearing Launches Over-The-Counter Hearing Aids as New FDA Rule Kicks In
by Dallas Innovates | Staff Report | Oct 17, 2022
Today is the first day that over-the-counter hearing aids can be sold without a prescription. It’s a moment that Fort Worth-based Lucid Hearing has been eyeing for years.
by Lance Murray |
Oct 17, 2022
A recent survey by CoworkingCafe, a nationwide coworking space search website, shows just how important coworking is in North Texas. In Dallas alone, remote workers nearly quadrupled from 2019 to 2021, and many of them have found spots among the city's 98 coworking spaces. That's helped Dallas-Fort rank No. 5 in the U.S. among cities with the most coworking locations.
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by Kevin Cummings |
Oct 17, 2022
In this week’s North Texas deal flow, you’ll also find news about Mavenir’s $155M raise, Pinnacle Realty Advisors raising $5M for ‘brokerage-as-a-service’ platform, Exela Technologies taking its European business unit public, American Airlines’ hydrogen fuel distribution investment, and more.
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by Lance Murray |
Oct 14, 2022
Resource Royalty Names New Chief Executive Officer
Resource Royalty LLC, a Dallas-based oil and gas company, promoted Beth Good from CFO to CEO. The promotion follows the announcement that Bob Howard would be stepping down to assume the role of chairman....
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[Illustration: bubaone_iStockphoto]
Report: Dallas, Plano Among Top U.S. Cities for Foreign Business Investment
by David Seeley | Oct 14, 2022
In the inaugural 'Investing in America' report from the Financial Times and Nikkei, Dallas ranks No. 6 overall, and Plano ranks No. 13. Irving shines strongly in the report, too, ranking highly on several key data points. And looking only at workforce and talent, Plano comes in at No. 1 in the entire country.
The report is timely: Just two weeks ago, EDC leaders from across North Texas were part of a TxEDC trade mission to London, Paris, and Frankfurt, Germany.
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by Kevin Cummings |
Oct 13, 2022
Launched last year with $100 million in debt-free equity capital, Dallas-based Foundry Brands is an acquisition platform that aims to amass a portfolio of 30 to 50 direct-to-consumer e-commerce brands. It's already acquired eight—most recently the Fort Worth-based men’s grooming product company, Supply. Co-founder Matt Rhodes told Dallas Innovates that Foundry seeks brands who've developed "micro-tribes."
“Ultimately, we're looking to be a multibillion-dollar business," Rhodes told us.
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by David Seeley |
Oct 13, 2022
UT Dallas says that black-hat modifications to integrated circuits—known as "hardware trojans"—can disrupt wireless networks and leak sensitive data. And as wireless phones and other devices evolve, the threat is only expected to grow.
But two UT Dallas engineers are on the case—and they've got a three-year, $1 million National Science Foundation grant to help solve it.
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by Lance Murray |
Oct 13, 2022
Dallas-based Apex Fintech Solutions has tapped Jon Patullo to lead the technology product strategy for Apex Advisor Solutions, its advisory channel.
The industry veteran was most recently managing director of digital trading and wealth management for Southlake-based Charles Schwab Corp. and managing director of technology platform management at TD Ameritrade Holding Corp.
The industry veteran was most recently managing director of digital trading and wealth management for Southlake-based Charles Schwab Corp. and managing director of technology platform management at TD Ameritrade Holding Corp.
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[Photo: Michael Samples]
oneworld Alliance To Move Its Global HQ from NYC to American Airlines’ Fort Worth Campus
by David Seeley | Oct 13, 2022
The alliance—aimed at frequent international travelers worldwide—has member airlines from around the world, including American plus seven others that fly out of DFW Airport: Alaska Airlines, British Airways, Finnair, Iberia, Japan Airlines, Qatar Airways, and Qantas. Other international airlines are in oneworld as well.
"With our new home in Fort Worth, we anticipate even closer collaboration with American and our member airlines as we work side by side to further grow and strengthen oneworld," says CEO Rob Gurney.
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by Dallas Innovates | Staff Report |
Oct 12, 2022
Agarwal is CEO of Dallas-based Nextt, America’s largest bedding company. Known as the “King of Textiles,” he’s also the CEO of S2 Resources and Saffaire Investments, and earlier this year he launched a B2B marketplace, Expo Bazaar USA.
But the busy businessman also stays busy in the volunteer world. Since 2020, he's been on the Dallas Park Board as Mayor Eric Johnson’s rep, and has been the board's president since September 2021.
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by Kevin Cummings |
Oct 12, 2022
Aaron Pierce, the co-founder and board chair of Venture Dallas, has a deep investment background and a history of supporting the local entrepreneurial community. As partner at Perot Jain, his role is "all encompassing." One item on his agenda is overseeing the firm's investments in Major League Cricket—along with managing the firm's investment portfolio of more than 60 companies.
“We have the ingredients required to be a major player in the national investment landscape," Pierce says, "especially as the family office and private investment focus grows from funds to direct investments in venture-backed companies.”
“We have the ingredients required to be a major player in the national investment landscape," Pierce says, "especially as the family office and private investment focus grows from funds to direct investments in venture-backed companies.”
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by Matthew Berger |
Oct 12, 2022
The eighth annual HackDFW, powered by Say Yes to Dallas and presented by Google, connected hundreds of aspiring technologists to several Fortune 100 companies. It was a unique 48-hour marathon that challenged more than 550 people from 80 universities. Tech teams created ways to innovatively tackle waste management, climate change, better understand decisions from the Supreme Court, and much more. Our future workforce is in this room,” said James Harding, Enterprise Artificial Intelligence/Machine Learning Customer Engineer at Google.
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Charlie Jatt [Photo: Waymo]
The Last Word: Waymo’s Charlie Jatt on Beer Driving Itself Across Texas With No Human at the Wheel
by Dallas Innovates | Staff Report | Oct 11, 2022
Waymo, the self-driving truck unit from Google parent Alphabet Inc., has hauled over 1 million pounds of Modelo and Corona beer from Dallas to Houston in autonomously driven trucks, reports David Welch of Bloomberg News.
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by Lance Murray |
Oct 11, 2022
The airport moved up three spots to No. 20 in the FAA rankings. It landed more than 2.4 billion pounds of cargo in 2021, a volume increase of nearly 46% from the previous year.
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by Lance Murray |
Oct 11, 2022
Plano-based Toyota North America is expanding its partnership with Google Cloud to enhance AI-based speech services in Toyota and Lexus vehicles. Audio control is now just a voice command away, processed by in-vehicle voice AI.
And a future Speech On-Device offering could offer a range of natural speech functions without even using the cloud—eliminating "dead zones" and tunnel dropouts.
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by Dallas Innovates | Staff Report |
Oct 11, 2022
Two months after investing at least $5 million in ZeroAvia, a hydrogen-electric engine developer, Fort Worth-based American Airlines has made a strategic investment in L.A.-based Universal Hydrogen Co., a hydrogen fuel distribution and logistics startup.
"This technology has the potential to be a game-changer on the industry’s path to zero-emission flight,” said Derek Kerr, American’s CFO.
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