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Attorney General Greg Abbott has issued an opinion on State Comptroller Susan Combs? authority to pledge state funds for the Formula One U.S. Grand Prix race ? sort of.
The Attorney General did not rule whether Combs had the authority to commit $250 million from the Major Events Trust Funds over a 10-year period, but stated that the comptroller is required by law to follow certain procedures.
?Whether she in fact did so requires a resolution of facts not amenable to the opinion process,?...
Victoria Lynden knows firsthand that inspiration can hit an entrepreneur at any time. Lynden ?never really had the intention of starting a coffee company? until, while vacationing on the North Shore in Hawaii, she sampled the decadent kona coffee that became the inspiration behind Kohana Coffee.
Once the idea struck, the challenge was breaking into the field as a small, woman-owned company. At the time, Lynden, a serial entrepreneur and CEO of Alliance Abroad Group, was opening Cissi?s Market...
A Friday regulatory filing by Twitter curator Mass Relevance Inc. provided additional details about the company?s financing announced earlier this week.
Austin-based Mass Relevance previously announced a $3.3 million Series A round of funding but the company actually received $3.6 million from 10 investors, according to the Friday filing with the U.S. Securities and Exchange Commission.
Mass Relevance, which launched in 2010, manages Twitter messages for clients. The company employed 10 workers...
The nomination period for Social Madness is officially closed and more than 65 companies in Austin signed up to compete.
American City Business Journals, the parent company of the Austin Business Journal, is in the process of reviewing and approving nominations.
Companies will be notified of their approval before the next phase of the competition, presented by Capital One Spark Business, which begins on June 1.
Companies will be judged based on votes on bizjournals.com, new LinkedIn connections,...
An Austin artist was recently commissioned to ?yarn bomb? an iconic bridge in Angers, France as the main exhibitor at an urban arts festival in Austin?s sister city.
The Angers government sought out Magda Sayeg ? founder of the urban knitting movement ? last year for the ARTAQ Festival.
It took about 1,200 square feet of knitting material to decorate the bridge.
Additionally, the French city was one of the international governments exhibiting at the South By Southwest festival and hired...
Emerson Process Management recently moved to the Frontera Vista complex in Round Rock, replacing its location in Austin.
The new facility will serve as the company?s international headquarters and technology center for Emerson Process Management's systems and solutions division, the Austin Business Journal reported on Tuesday.
EDC Moving Systems in Austin was the company that handled the move. Salesman and Project Manager Ted Ulmer said it was one of the biggest commercial moves in recent years.
He...