Today’s stories include the future of Facebook, Texas’ economy is still a powerhouse, and a famed manufacturer is going to roll out an all-electric motorcycle.
Ok, admit it. You’re on Facebook, and you really love to watch cat videos, dog videos, food videos — any kind of video. A report in the Dallas Business Journal said that within five years, Facebook could be all video. That’s right, all video. The social media site delivers 4 billion video views a day, the article said, up from 1 billion video views in 2014. Facebook is seeing a decline in text, the story said, and video offers the potential for massive revenue — $3.8 billion from video advertising by 2017. You can find out more here.
Even with all the doom and gloom in recent years over the state of the oil and gas industry in Texas, the Lone Star state’s economy is still doing pretty well. That’s the conclusion of the personal finance website WalletHub, which ranked the Texas economy No. 9 among the 50 states in its recent list of best and worst economies. Part of the formula to determine rankings was the state’s “innovation potential.” To find out more, read here.
Motorcycles are a common site rumbling along Texas highways, some carrying lone riders and others riding in large packs, their loud roar alerting other motorists to their approach. That sound could change within five years, however, when famed manufacturer Harley-Davidson said it will roll out an all-electric motorcycle. Texas is one of the most-popular states in the nation for motorcyclists, with roughly 450,000 motorcycles registered in the state. I can hear it now — a quiet Harley passing a quiet Tesla.
This is our daily look at interesting news about innovation, creativity and what’s new in Dallas-Fort Worth and around the world. What are you reading? Let us know here.
What are you reading? Let us know here.
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R E A D N E X T
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The inaugural October 8th Texas Blockchain Summit could be a watershed event for making Texas "the jurisdiction of choice" for Bitcoin and other digital currencies. Lee Bratcher, president of the Texas Blockchain Council, will host a wide array of speakers including Texas Senators John Cornyn and Ted Cruz and Wyoming Senator Cynthia Lummis.
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Nonprofit BUiLT is hosting the event to highlight the success and possibilities of Black tech talent in the region. “There is no talent pipeline problem,” says Peter Beasley, co-founder of the Blacks United in Leading Technology International. “Black tech talent is widely available, especially in North Texas.”
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The NTXIA is a founding member of the new National Smart Coalitions Partnership, now one of the largest smart cities networks in the country. The organization unites more than 100 governments across seven regional smart cities consortiums. The goal? To accelerate sustainability and resilience in communities.
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The cutting-edge razor brand introduced a new shaving system last year, after a decade-plus of R&D, more than 150 global patents, and legal battles with Gillette. Now Shavelogic plans to expand innovation and market reach to upgrade the shave.
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The U.S. Innovation and Competition Act, which passed in May, has the power to develop 20 tech hubs throughout the United States. According to Tech Titans' CEO Bill Sproull, Dallas-Fort Worth could be a strong contender for one of those spots.
