Business

 

 

Dallas Morning News To Be Acquired by Hearst in Deal Valuing DMN Parent at $74.9M

by | Jul 10, 2025
New York City-based Hearst Corp.—the media giant that owns everything from A&E Network to Cosmopolitan to 28 daily newspapers across the U.S.—is acquiring DallasNews Corp. and its 140-year-old newspaper by offering a premium of 219% on its stock price. At the deal's close, the Morning News will go private and join the nationwide Hearst Newspapers lineup.
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The Last Word: On the Growing Power of Women in Wealth Management
by | Jul 10, 2025
BFS Advisory Group President Debra Brennan Tagg is just one of several high-achieving female financial advisers quoted in D CEO's recent story "The Future of Wealth Management is Female." The article notes that by 2030, women in the U.S. will control nearly five times more wealth than they did 10 years ago. And increasingly, women are among the wealth managers who advise them on how to grow and protect their money.
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GameSquare Makes First $5M Ethereum Buy Under $100M Plan to Expand Crypto-Native Treasury Strategy
by | Jul 10, 2025
The Frisco gaming and media company, backed by Dallas Cowboys owner Jerry Jones and the Goff family, secured board approval for the new plan and raised $9.2 million from a stock offering, including a full over-allotment driven by investor demand.
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Immersive Game Experience Glow or Go Opens in Dallas Design District
by | Jul 9, 2025
The immersive experience from New York-based Fever is set in a world that's been drained of color and emotion. It challenges teams of four to eight players to complete a mission: Restore color to a lifeless world by conquering five high-energy game zones.
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The South Island giant moa towered over New Zealand's forests for millions of years before becoming extinct within a century of Polynesian settlement around 1400 CE. Colossal Biosciences plans to resurrect the 500-pound birds using ancient DNA extracted from cave deposits and artificial egg technology. [Source image: Colossal Biosciences]

Colossal Biosciences Takes On De‑Extinction of New Zealand’s 12‑Foot Moa After Dire Wolf Milestone

by | Jul 9, 2025
The Dallas decacorn is scaling its de-extinction pipeline with indigenous leadership, a New Zealand subsidiary, and economic models for species preservation, including ecotourism opportunities. Filmmaker Sir Peter Jackson helped connect the collaborators, Colossal CEO Ben Lamm says.
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With Office in North Texas, Agentic AI Firm Covasant Merges with Austin’s konaAI and California’s DCube Data Sciences
by | Jul 9, 2025
Hyperabad, India-based agentic AI firm Covasant—which has a North Texas office in Plano and a U.K. office in London—aims to "directly confront adoption barriers for agentic AI" while delivering "robust, end-to-end enterprise governance solutions" through the newly combined entity, Covasant Technologies.
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Veteran Banker to Chair Dallas EDC Board as Four New Officers Take the Lead
by | Jul 9, 2025
Gilbert Gerst steps in as chair alongside new officers Jimmy Tran, Ardo Fuentes, and Dania Duncan Moreno as the nonprofit economic development group works to attract more business investment to Dallas.
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Patented: Spark Biomedical’s Stress Control Using Auricular Neurostimulation and More North Texas Inventive Activity
Dallas-Fort Worth ranked No. 10 for patent activity out of 250 metros for the week of June 3 with a total of 132 patents granted.
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Hospitality Solutions CEO Teresa Mackintosh [Photo: Hospitality Solutions]

TPG Closes Its $1.1B Acquisition of Hospitality Solutions from Sabre, Announces Tech Platform’s New CEO

by | Jul 8, 2025
Fort Worth- and San Francisco-based TPG acquired Hospitality Solutions for $1.1 billion through TPG Capital, its large-scale U.S. and European private equity platform. The company said former Trintech CEO Teresa Mackintosh has been named CEO of Hospitality Solutions.
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Dallas Regional Chamber’s Longtime CEO To Leave Post, Search Begins for New Leader
by | Jul 8, 2025
DRC President and CEO Dale Petroskey will step down at year’s end after nearly 12 years of service. During his tenure, he's led the DRC to National Chamber of the Year honors as North Texas' nationwide business clout skyrocketed. “Whoever succeeds me will be stepping into one of the most interesting and rewarding jobs in America,” Petroskey said.
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Real Estate Investment and Services Firm Sealy & Co. Names New CFO
by | Jul 7, 2025
James Cook announced his retirement after 24 years of service and will officially retire on June 30. James Gilligan will take his new post, effective June 16.
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Align Capital Partners Acquires New York-based Legalex LLC
by | Jul 5, 2025
Align has investment teams based in Dallas and Cleveland. Legalex is an all-in-one technology-enabled platform designed to support process serving, court e-filing, skip tracing, and investigative services across all 50 states.
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New Chief Development Officer Joins Dallas-Based Data Center Provider Centersquare

by | Jul 3, 2025

Industry expert Jason Carolan has joined North Texas-based Centersquare, a data center provider with colocation facilities in markets across North America and the United Kingdom, as chief development officer. “It’s an exciting time to join Centersquare and help drive the next strategic phase,” Carolan said in an announcement in late April. ...

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Krupal Raval [Photo: CyrusOne]
CyrusOne Taps Former Equinix Exec as Its First Chief Strategy Officer to Lead Data Center Growth
by | Jul 3, 2025
The Dallas-based data center company’s new EVP will lead its fast-growing U.S. development program and deepen hyperscale relationships as CyrusOne expands its debt capacity and breaks ground on major projects in Texas.
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McKinney’s Cytracom Promotes SVP of Sales to Chief Revenue Officer
by | Jul 2, 2025
The promotion follows a HQ move in 2024 and two cybersecurity acquisitions this year as McKinney-based Cytracom expands its unified platform for MSPs.
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Builders FirstSource Names New President of Technology and Digital Solutions
by | Jul 2, 2025
The Dallas-based building materials giant says Gayatri Narayan's hire will help accelerate digital and technical innovation for long-term growth.
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