Business

 

 

The Last Word: Outside CLO Founder Amy Osteen on How She Chooses Projects

Osteen is featured in D CEO's September issue in its "Off Duty" section, which looks at the personal lives of local business leaders.  Writing on LinkedIn, she says one reason she's working is for her "off duty"—and shares how that informs which projects she takes on.
MORE
Dallas-Based Texas Brand Bank Will Merge with 121-Year-Old Harmony Bank, and Take Its Name
by | Sep 8, 2022
Dallas-based and Dallas-grown, Texas Brand Bank was founded in 2005 and now has over $340 million in assets with five locations in Dallas and Garland, focusing on area small businesses and residents. With the pending merger, it will take on the name of Kemp, Texas-based Harmony Bank—which was formed in 1901, when horse-drawn wagons filled Dallas streets.

“The combination of our two financial institutions will allow us to double our lending limit and acquire additional digital banking options,” providing "greater service to current and future customers," says Texas Brand Bank's president and CEO.
MORE
Innovative Greenspace Coming to Frisco Is Named ‘Kaleidoscope Park,’ Gets Its Own Foundation
by | Sep 7, 2022
Kaleidoscope Park—under construction now near the Dallas North Tollway and Warren Parkway in Frisco's HALL Park development—will feature a performance pavilion, shaded promenades, Wi-Fi-equipped "technology terraces," and a permanent art installation by fabric artist Janet Echelman constructed of "atomized water particles" and an engineered fiber that's 15 times stronger than steel. Executive director Dr. Scott Stewart says the park "will be a community park in the truest sense of the word," offering "a free, open, and accessible public space to enjoy, create, and inspire."
MORE
Meet the 43 Finalists for the 2022 Tech Titans Awards
Every year, Tech Titans highlights the top movers and shakers in the North Texas technology ecosystem. Here are the finalists in 11 categories. Winners will be announced at the group's signature gala in October.
MORE

Dallas Invents: 121 Patents Granted for Week of August 23

by | Sep 7, 2022
Dallas-Fort Worth ranked No. 121 for patents out of 250 metros. Patents granted include:7-Eleven's Event Trigger Based On Region-Of-Interest Near Hand-Shelf Interaction, Coronado Aesthetics' Delivery Of Nanoparticles, Her Technologies' Skin Rejuvenation Device, IBM's Assisted Smart Device Context Performance Information Retrieval, Intuit's Optimization Based On Archetypes, Match Group's System And Method For Modifying A Preference, Red River Tea's Touchless Beverage Dispensing Valve, Sigl-G's Geothermal Power Generation, Solo Brands' Combustible Fuel Burning Stove With Spark Arrestor, Toyota's Off-Highway Auto Ev Mode, ZscalerCloud-Based Virtual Private Access Systems And Methods For Application Access , Siemens Industry Software's Isometric Control Data Generation for Test Compression and Vive Scientific's Apparatus For Tissue Ablation Using Radiofrequency Energy And Method Of Use
MORE
CPRIT Is Funding the Development of Products That Fight Cancer
by | Sep 6, 2022
The Cancer Prevention & Research Institute of Texas has provided more than $3.1 billion in funding toward the development of cancer-fighting therapeutics, devices, diagnostics, and tools since 2010. It's now issued a call for startups and early-stage companies to apply for product development research grants for the 2023 fiscal year. “CPRIT’s mission is to invest in the research prowess of Texas institutions while expediting breakthroughs in cancer cures and prevention,” CEO Wayne Roberts said last May.
MORE
LG Launches NFT Art Lab on Richardson-Based Hedera Network
by | Sep 6, 2022
The Richardson-based Hedera network is a public distributed ledger that's helped advance everything from long-distance drone flights to stablecoin issuance to next-gen gaming and more. Now you can add art to the list. Yesterday LG launched its own NFT platform—LG Art Lab—on the Hedera network, giving users a "one-stop shop" to buy, sell, and showcase digital artworks. The platform moves the concept of NFT art from computers to "a piece of art displayed as any other artwork would be within the home of its owner," says the CMO of Swirlds Labs, the team behind the Hedera network.
MORE
Beating Other Bidders, CVS Health Inks Deal To Acquire Dallas’ Signify Health in $8B Deal
by | Sep 6, 2022
Beating out other big-name contenders like Amazon in the bidding battles, CVS Health is set to acquire Dallas’ Signify Health. The Rhode Island-based company behind the national chain of pharmacies has inked an agreement to acquire the local tech-enabled home health services firm for $30.50 per share—a deal valued at around $8 billion.
MORE

My Possibilities Names First Chief People Officer

by | Sep 5, 2022
My Possibilities' new Career Services Building, which broke ground in May, will provide support to another 300 HIPsters (aka Hugely Important People—MP's students) on a weekly basis.

Planning for its completion, Tiffanie Douglas will bring the “expertise, passion, and energy to foster an environment where our staff and HIPsters can thrive," says Karen Wald, My Possibilities' chair of the board.
MORE
UT Arlington Names VP of Business, Finance and Chief Financial Officer
by | Sep 5, 2022

John R. Davidson has been named vice president for business and finance and chief financial officer at The University of Texas at Arlington.

“As vice president for business and finance and CFO, John will serve as a key leader in helping UTA be one of the nation’s most inclusive and impactful research universities,” UTA President Jennifer Cowley said in a statement....

MORE
Allied Electronics & Automation Names New Chief Information Officer
by | Sep 5, 2022

Fort Worth-based Allied Electronics & Automation, a trading brand of global omnichannel provider of product and service solutions RS Group, recently added Jason Taylor as its new chief information officer....

MORE
City of Fort Worth Appoints Chief of Strategy and Innovation
by | Sep 5, 2022
The "sky is the limit," according to Fort Worth's new chief of strategy and innovation. Carlo Capua is ready to take the innovation reins of the "forward-thinking, tech-friendly, and innovative city." 
MORE

North Texas Commission Announces Regional Leadership Award Recipients

by | Sep 1, 2022

The North Texas Commission has announced eight of the nine recipients of the organization’s 2022 Regional Leadership Awards. The awards recognize North Texas organizations and individuals who have had a lasting impact shaping the region.

The ninth award honors the memory of the organization’s former president and CEO Dan Petty. The North Texas Commission established the Dan Petty Regional Visionary Award, which will be announced for the first time during the Commission’s 51st Annual Members’ Luncheon on Sept....

MORE
China’s NetDragon Has a New Robot CEO—and North Texas Ties
by | Sep 1, 2022
When the University of North Texas launched its NetDragon Digital Research Centre in 2018, it saw great things for the future. But one thing it may not have foreseen: Last week NetDragon—a Chinese mobile and online gaming developer—appointed an AI-powered virtual humanoid robot as its "Rotating CEO."
MORE
The Last Word: Fort Worth City Manager David Cooke on Hiring a New Chief of Strategy and Innovation
"I'm keen on challenging why and how we do things," Cooke says. He proved it recently by asking Carlo Capua to take on the new role of Chief of Strategy and Innovation for the City of Fort Worth. Capua—who had previously been deputy chief of staff in the city's Mayor and Council Office—has a diverse background that Cooke believes suits him for this role
MORE
Dallas-Based DataBank Sells 35% Stake for $1.5 Billion
by | Aug 31, 2022
DataBank—a leader of the booming data center market, with over 65 data centers and 20 interconnection hubs in over two dozen metros—welcomed a new group of investors in the deal, led by Swiss Life Asset Management, EDF Invest, Northleaf Capital Partners, and Ardian.

"This new investor group will provide the financial backing required to continue to scale DataBank’s leading edge infrastructure platform," CEO Raul Martynek told Dallas Innovates.
MORE