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    Wednesday, November 14, 2012
    Texas Instruments Chops 1700 Jobs
    Dallas-based Texas Instruments said Wednesday that it is cutting about 1,700 jobs worldwide, as part of an effort to reduce costs at the company. The firm said the move goes to help it reduce its costs and focus investments in its Wireless business. The firm said the move comes as its large customers are increasingly developing their own, custom chips in the mobile market. TI said it expects to save around $450M in annual savings from the cuts.





    posted on Wednesday, November 14, 2012(Full story)


    Rackspace Takes On SharePoint
    San Antonio-based cloud hosting firm RackSpace said today that it is expanding its set of service, to handle providing design, development, support, and training for SharePoint installations. The firm said it will provide application layer support and professional services to businesses running SharePoint, which is a popular document sharing and information portal for corporations. Rackspace said its services will offer enterprise class infrastructur (More info...)

    posted on Wednesday, November 14, 2012(Full story)


    HomeAway Names Two Bizdev, Sales Execs
    Austin-based online vacation rental marketplace HomeAway said this morning that it has named Stephen Feltner as Vice President of Sales and Taleeb Noormohamed as Director of Business Development. Feltner was previously at CityGrid Media, and also served at Oodle and Facebook. Noormohamed was previously at Jetsetter/Gilte Groupe, and also served at Serebra Learning Corporation.



    posted on Wednesday, November 14, 2012(Full story)


    SubtleData Sets Menell As CEO, Launches Software
    Austin-based SubtleData said Tuesday that it has named Bryan Menell as its CEO, and launched its platform for connecting mobile applications to Point-of-Sale (POS) systems. Menell, who was most recently at Dachis Group, also served at Perficient and other companies; he's also known for his work running AustinStartup.com. SubtleData said it is developing a platform which helps mobile developers tap into the most common Point of Sale Systems used in s (More info...)

    posted on Wednesday, November 14, 2012(Full story)


    OutboundEngine Raises $1.6M
    Austin-based OutboundEngine, headed by Branndon Stewart, said today that it has raised $1.6M in a Series A investment round for its automated email and social media marketing service. The round came from Floodgate, Austin Ventures, Silverton Partners and Capital Factory. OutboundEngine helps small businesses automate marketing to their customers, and came out of Promo Labs.


    posted on Wednesday, November 14, 2012 (More)(Full story)


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