Tag Archives: Texas

John King knew his small town of Rockdale, Texas, had landed on the global crypto map when three Chinese bitcoin miners showed up at City Hall unannounced this summer. Then came the phone calls to the city’s Chamber of Commerce, from investors asking about power hookups, to connect mining equipment they planned to ship from China. None had ever stepped foot inside the rural West Texas community, with a population of roughly 5,600 people. “I didn’t have any inkling [about what was happening… Source link

(Bloomberg) — Texas Instruments Inc. gave a revenue forecast for the current period that disappointed some investors, raising concerns that a jump in chip demand caused by the pandemic will be short-lived. The stock fell in early U.S. trading.Sales will be $4.4 billion to $4.76 billion in the period ending in September, Texas Instruments said Wednesday in a statement. Profit will be $1.87 to $2.13 a share, the company said. On average, analysts predicted profit of $1.97 a share and sales of… Source link

Texas Gov. Greg Abbott announced this month that his state would provide a $250 million “down payment” to begin construction on a border wall between Texas and Mexico. But critics question whether states have the authority to act on immigration, a responsibility they claim falls to the federal government. Video Transcript [MUSIC PLAYING] [CLAPPING] GOV. GREG ABBOTT: Building the wall in Texas has officially begun. The letter that we are about to sign provides $250 million to be allocated as a… Source link

SpaceX has had repeated run-ins with local authorities and residents stemming from its spaceport in Boca Chica, Texas. Loren Elliott/Getty Images Texas officials warned SpaceX it might have committed crimes by closing public roads, KGRW reported. In a letter, Cameron County DA Luis Saenz accused SpaceX of knowingly ignoring previous warnings. Saenz called the conduct “unacceptable” and threatened arrests for future violations. Sign up for the 10 Things in Tech daily newsletter. Local authorities… Source link

At least 14 people were injured early Saturday in a mass shooting in a busy entertainment district in downtown Austin, according to police in the Texas city. “This is one of the most significant incidents that we’ve ever had happen in our city,” interim Austin Police Chief Joseph Chacon said during an afternoon news conference. The first call of shots fired came in around 1:24 a.m. CT, he said, adding that the street was barricaded to keep out crowds and vehicle traffic at the time of the… Source link

A Republican has won a mayoral race in a South Texas Hispanic Democratic bastion, sparking celebration from the GOP nationwide and alarm from some Democrats. Why it matters: Javier Villalobos’ victory Saturday in Mexican American-majority McAllen, Texas, comes as some Latino Democrats say their party has been ignoring Mexican Americans in Texas, New Mexico and California as the Republican Party makes dents in areas once solidly blue. Stay on top of the latest market trends and economic… Source link

A Republican has won a mayoral race in a South Texas Hispanic Democratic bastion, sparking celebration from the GOP nationwide and alarm from some Democrats. Why it matters: Javier Villalobos’ victory Saturday in Mexican American-majority McAllen, Texas, comes as some Latino Democrats say their party has been ignoring Mexican Americans in Texas, New Mexico and California as the Republican Party makes dents in areas once solidly blue. Stay on top of the latest market trends and economic… Source link

Confections in Lufkin, Texas announced on Thursday that it would be selling rainbow cookies for Pride Month. The bakery, located in East Texas, soon faced backlash for its decision. Confections took to Facebook to reveal that many of its customers had sent hateful messages and canceled orders and claimed its “likes” were also plummeting. “Today has been hard. Really hard,” a Facebook post from June 3 read. “We lost a significant amount of followers because of a rainbow heart cookie we posted…. Source link

Rep. Lauren Boebert on the House steps of the Capitol on Monday, January 4, 2021. Tom Williams/CQ-Roll Call, Inc via Getty Images Rep. Lauren Boebert falsely claimed Texas hasn’t recorded a single COVID-19 death in two months. “Since removing the mask mandate …Texas has not reported a single COVID death,” she claimed. Data shows 3,600 Texans lost their lives to the virus since March 2, the day restrictions were lifted. See more stories on Insider’s business page. Rep. Lauren Boebert of Colorado… Source link

A Texas judge hearing a state antitrust lawsuit against Alphabet Inc’s (GOOGL.O) Google denied on Thursday a request for the case to be moved to California, where the company is fighting similar lawsuits. Google had asked for the case to be moved for several reasons, including that its headquarters is in California, as are many of the witnesses who would likely be called. read more Judge Sean Jordan of the U.S. District Court for the Eastern District of Texas, however, disagreed that that… Source link