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SailPoint to significantly grow Austin footprint with new office; More hiring in works

Technology News - 5 hours 32 min ago
SailPoint Technologies has inked a huge lease with Brandywine Realty Trust for a new office building in Northwest Austin. The fast-growing software company, which went public a few months, will have room to grow at its new consolidated HQ.

Report: Sprint cut 10 regional bosses, 8 now run U.S.

Technology News - 10 hours 6 min ago
And then there were eight. Sprint Corp. reshuffled its regional leadership again, according to a report by Lawrence-based Wave7 Research, which recently teemed with 18 regional presidents across the U.S. "Some regional presidents lost their jobs then, as did some other executives," the report stated. Now eight regional presidents manage the country: • Johan Chung, president of Northwest region • Kevin Kunkel, president of Southern California and Arizona region • John Stevens, president…

Hawaii Technology Development Corp.'s revenue stream in jeopardy

Technology News - Fri, 02/23/2018 - 17:46
The Hawaii Technology Development Corp., said the agency received a letter from the University of Hawaii in late January instructing the agency that it would be taking over the leases at the Manoa Innovation Center starting in July.

How Amazon will beat UPS, FedEx at shipping: Driverless trucks

Technology News - Fri, 02/23/2018 - 17:16
Amazon.com Inc.’s budding shipping service won’t be able to compete with FedEx Corp. and United Parcel Service Inc. over the long-term, according to investment firm Sanford C. Bernstein. That is, unless driverless technology takes off. Amazon’s shipping service — “Shipping with Amazon” (SWA) — aims to deliver packages from its merchants' warehouses directly to customers, the Wall Street Journal reported earlier this month. The Seattle-based retailer plans to eventually extend…

How Amazon will beat UPS, FedEx at shipping: Driverless trucks

Technology News - Fri, 02/23/2018 - 16:55
Amazon.com Inc.’s budding shipping service won’t be able to compete with FedEx Corp. and United Parcel Service Inc. over the long-term, according to investment firm Sanford C. Bernstein. That is, unless driverless technology takes off. Amazon’s shipping service — “Shipping with Amazon” (SWA) — aims to deliver packages from its merchants' warehouses directly to customers, the Wall Street Journal reported earlier this month. The Seattle-based retailer plans to eventually extend…

Amazon's growing collection of patents includes underwater warehouses, VR mirrors and much more

Technology News - Fri, 02/23/2018 - 16:27
Amazon won more than 2,000 patents last year as it forges ahead in its strategy to revolutionize retail.

Dropbox files to go public, could be the first Y Combinator company to IPO

Technology News - Fri, 02/23/2018 - 16:26
File-sharing company Dropbox will make an initial public offering after all, according to documents filed with the U.S. Securities and Exchange Commission Friday. The San Francisco-based company, valued at some $10 billion in private equity, listed a placeholder proposed offering price of $500 million in the form but didn't yet list how many shares it plans to sell. It will likely update the offering price before its market debut. It might seek a valuation closer to $7 billion or $8 billion, according…

Fintech Robinhood leaving Palo Alto for new HQ in former Sunset Magazine site

Technology News - Fri, 02/23/2018 - 16:18
The fintech's new home will feature indoor and outdoor kitchens, conference rooms with beautiful views of the grounds, a wine cellar, fitness center, interior courtyards, covered walkways and abundant outdoor collaborative areas.

Intel, Adobe lead Silicon Valley stocks higher

Technology News - Fri, 02/23/2018 - 16:10
Silicon Valley equities outperformed the broader markets Friday, buoyed by gains from the biggest tech stocks. All 13 members of the Bloomberg Silicon Valley High Tech index closed higher on Friday.  Intel Corp. (NASDAQ: INTC) led the way with a 4.2 percent bounce. Adobe Systems (NASDAQ: ADBE) followed, up 3.52 percent.  HP Inc. gained 3.46 percent, continuing its surge after strong earnings late Thursday. Cisco Systems (NASDAQ: CSCO), Facebook (NASDAQ: FB), eBay (NASDAQ: EBAY) and Advanced…

Amazon's growing collection of patents includes underwater warehouses, VR mirrors and much more

Technology News - Fri, 02/23/2018 - 15:50
Amazon won more than 2,000 patents last year as it forges ahead in its strategy to revolutionize retail.

Fintech Robinhood leaving Palo Alto for new HQ in former Sunset Magazine site

Technology News - Fri, 02/23/2018 - 15:49
The fintech's new home will feature indoor and outdoor kitchens, conference rooms with beautiful views of the grounds, a wine cellar, fitness center, interior courtyards, covered walkways and abundant outdoor collaborative areas.

DHL exec: Tesla Semi could save shipping companies thousands of dollars a year

Technology News - Fri, 02/23/2018 - 15:44
Tesla's all-electric semi truck, unveiled last year, could pay for itself in two years via maintenance and fuel savings, an executive with global shipping company DHL said this week. DHL was among the first major companies to pre-order the Tesla Semi, which is expected to become available in 2019. Tesla Inc. has said a smaller Semi with a 300-mile range will start around $150,000, while its larger sibling, with a 500-mile range, will start around $180,000. CEO Elon Musk has also said the Semi will…

KBR to buy another NASA-focused government contractor for $355M

Technology News - Fri, 02/23/2018 - 14:25
Houston-based KBR Inc. has agreed to buy Stinger Ghaffarian Technologies Inc., a Greenbelt, Maryland-based government contractor that specializes in NASA contracts, the companies announced Feb. 23. Terms were not disclosed, but a Securities and Exchange Commission filing shows KBR (NYSE: KBR) will pay $355 million to SGT's privately held holding company. The deal, just the latest in a growing string of M&A activity in the government contracting arena, is expected to close by the end of the quarter.…

The Funded: Startup working on space catapult and others raise cash at week's end

Technology News - Fri, 02/23/2018 - 14:16
A Sunnyvale-based startup founded by the man who sold solar-powered drone startup Titan Aerospace Holding Inc. to Google wants to fling things into space without using rockets. SpinLaunch Inc., founded in 2014 by Jonathan Yaney, is raising a $30 million Series A round to help develop its space catapult that is built around using a centrifuge that can send objects into space at around 3,000 miles per hour, according to TechCrunch. If it works, SpinLaunch's catapult would be a much cheaper alternative…

Government contracting consolidation begs the question of who's next

Technology News - Fri, 02/23/2018 - 14:14
Mid-sized government contractors often operate in a no man’s land. So do they go big, or stay put?

Navy's whirlwind tour of SA ends on a cyber note

Technology News - Fri, 02/23/2018 - 14:01
The U.S. Navy leader aims to make connections with the local entrepreneurial network in technology and cybersecurity — this was his first impression of the city.

Michael Burcham's startup says it is already doing what Amazon is attempting

Technology News - Fri, 02/23/2018 - 13:58
Narus Health, a Nashville-based care management company, launched expanded services in January to 30 clients.

Grocery home delivery's not as hot as the hype, says CEO of major chain in Colorado

Technology News - Fri, 02/23/2018 - 13:47
"The fresh home delivery business is not moving at the speed as what many out there are talking about."

Chicago voice-shopping startup AddStructure acquired by Bazaarvoice

Technology News - Fri, 02/23/2018 - 13:46
AddStructure, a startup that’s building tools to let customers shop for things online using voice commands, has been acquired by Bazaarvoice, an Austin-based marketing tech company. Chicago-based AddStructure, which launched in 2014, uses machine learning and natural language processing to give brands intelligent digital assistants to help customers find and purchase products. It has quickly caught on with e-commerce companies, and was one of ten startups selected to the first-ever Target+Techstars retail…

Compass Minerals becomes the newest player on the KC life sciences scene

Technology News - Fri, 02/23/2018 - 13:34
Compass Minerals may be known locally for road salt, but the public company just opened a life sciences research facility in Johnson County.

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