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| Texas welcomes another (Page 3/3) |
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IMSA GT
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DEC 12, 10:58 AM
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And this was an interesting move since all of their employees in California are successfully working from home and it doesn't affect any of them. My understanding is that Oracle is going to continue with the "work from home" environment.
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RWDPLZ
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DEC 12, 04:14 PM
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Been to Oracle's campus, it's huge and beautiful, another shocking one to see leave. Would love to see them recreate it out there.
Would be interesting to see if SAP follows. Used to get lunch and ice cream at their office in Palo Alto, in what used to be the NEXT Computer company HQ (Steve Jobs' project after leaving Apple, before returning to Apple).
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maryjane
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JAN 15, 06:23 PM
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NRA files for Ch11 bankruptcy and plans to reorganize and incorporate in Texas instead of NY.
| quote | AUSTIN, Texas (AP) — The National Rifle Association (NRA) announced Friday it has filed for bankruptcy and will seek to incorporate the nation’s most politically influential gun-rights group in Texas instead of New York.
The announcement made on the NRA's website comes months after New York’s attorney general sued the organization over claims that top executives illegally diverted tens of millions of dollars for lavish personal trips, no-show contracts for associates and other questionable expenditures.
The coronavirus pandemic has also upended the NRA, which last year laid off dozens of employees, canceled its national convention and scuttled fundraising. Still, the NRA claimed in announcing the move that the organization was “in its strongest financial condition in years.”
The NRA said it filed for Chapter 11 bankruptcy in a Dallas federal court.
“The move will enable long-term, sustainable growth and ensure the NRA’s continued success as the nation’s leading advocate for constitutional freedom – free from the toxic political environment of New York,” the NRA said in a statement.
The gun-rights group boasts about 5 million members. Though headquartered in Virginia, the NRA was chartered as a nonprofit in New York in 1871 and is incorporated in the state. |
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https://www.kptv.com/news/n...ba-005b8fbeb811.html
https://www.cnbc.com/2021/0...porate-in-texas.html
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rinselberg
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JAN 21, 09:31 AM
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Texas can say "hello" to Digital Realty, which just announced the relocation of its corporate HQ from San Francisco to Austin.
Excerpts
| quote | | The company's CEO, William Stein, singled out [Austiin's] "central location, affordable cost of living, highly educated workforce and supportive business climate" as key reasons for the big move. It also boasted 20 percent of its workforce already residing in Texas. |
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| quote | | The move signals a continuation of a trend, exacerbated by the coronavirus pandemic and the increasing popularization of working-from-home, of tech companies reneging on grand Bay Area leases. Oracle and Hewlett Packard have moved to Texas, while Pinterest and other companies are sacrificing their big headquarters for perma-WFH situations and other alternatives. |
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Joshua Bote for SFGATE; January 20, 2021.
https://www.sfgate.com/loca...leaving-15884816.php
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