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In Bid to Conquer Oscars, Netflix Mobilizes Savvy Campaigner and Huge Budget

NYT Technology - Sun, 02/17/2019 - 19:22
Lisa Taback, who worked with Harvey Weinstein on awards campaigns for best picture winners like “The Artist” and “The King’s Speech,” is in charge of the lavish effort behind “Roma.”

Mayor Harris jabs at tax incentives and pushes workforce development

Memphis Business Journal - Sat, 02/16/2019 - 09:04
Shelby County Mayor Lee Harris expressed doubt about the effectiveness of tax incentives and disputed the notion that the public sector actually creates jobs during his State of the County address Friday. Instead of incentives, he offered workforce development and other investment in people as the public's proper place in the equation. "I believe that the jury is still out as to whether a government official can create a private sector job. I still believe that the private sector creates private…

A Mother Learns the Identity of Her Child’s Grandmother. A Sperm Bank Threatens to Sue.

NYT Technology - Sat, 02/16/2019 - 04:00
The results of a consumer genetic test identified the mother of the man whose donated sperm was used to conceive Danielle Teuscher’s daughter. Legal warnings soon followed.

Northern Virginia Is Keeping Amazon’s 25,000 Jobs, and Wants You to Know It

NYT Technology - Fri, 02/15/2019 - 16:37
The region has its act together and knows what it is doing, officials said.

As Uber Prepares for I.P.O., Its Losses Pile Up

NYT Technology - Fri, 02/15/2019 - 16:23
The ride-hailing giant said that excluding certain costs, its losses increased significantly in the fourth quarter of 2018.

Amazon Invests in Rivian, a Tesla Rival in Electric Vehicles

NYT Technology - Fri, 02/15/2019 - 16:19
The deal is the latest example of how the auto industry is being reshaped by new technologies and nimble companies that have raced ahead of many traditional carmakers.

Memphis 3.0 wins key approval, heads to City Council

Memphis Business Journal - Fri, 02/15/2019 - 14:22
Memphis 3.0 cleared its first legislative hurdle Thursday, Feb. 14, meaning the Memphis City Council is the last remaining barrier between the city and its first comprehensive land-use plan in nearly 40 years. The Memphis and Shelby County Land Use Control Board (LUCB) voted unanimously at its most recent meeting to approve the plan and send it to the City Council for approval. Even before Land Use adopted the plan, neighborhoods tried to use it as a reason for certain developments to be denied:…

Express plan improvements at Liberty Bowl

Memphis Business Journal - Fri, 02/15/2019 - 13:55
Memphis' new football team is looking to make some improvements at its home stadium. A building permit valued at $24,000 was filed Thursday, Feb. 14, by the Express. According to the permit, the site is 335 N. Hollywood St., the location of the Liberty Bowl Memorial Stadium. The work was described as scaffolding for VIP seating. Cavan Fosnes, director of communications for the Memphis Express, declined to provide further details to the Memphis Business Journal about the impending work. The Express,…

East Memphis shopping center approved for renovations but could lose longtime restaurant

Memphis Business Journal - Fri, 02/15/2019 - 13:52
An old shopping center on Mendenhall near Poplar will get some long-overdue renovations — but, it could mean a longtime restaurant would have to leave.

Bits: The Week in Tech: A Break From Consumer Tech

NYT Technology - Fri, 02/15/2019 - 13:15
What kinds of companies will be the next so-called unicorns? A hint: Many of them won’t have much in common with Uber or Airbnb.

Ulta coming to Germantown shopping center

Memphis Business Journal - Fri, 02/15/2019 - 13:10
The largest beauty retailer in the nation continues to grow it's Mid-South presence. Ulta Beauty has signed a lease at Germantown Village Square at 7670 Poplar Ave., where it will join tenants such as Old Navy, TJ Maxx, and Five Below. According to the shopping center's owner, PEBB Enterprises, Germantown Village Square's ground-level retail is now 97 percent occupied — one 4,000-square-foot space is still available — and its upstairs office is 90 percent occupied — with a 2,700-square-foot…

Top of the Market: Tony Allen buys $1.1 million house in Germantown

Memphis Business Journal - Fri, 02/15/2019 - 12:02
Tony Allen, the beloved former member of the Memphis Grizzlies, purchased an 8,000-square-foot Germantown mansion for $1.1 million earlier this month. Located on Hollow Creek Road in ZIP code 38138, the 2003 home includes four bedrooms and five-and-a-half bathrooms. The NBA star's purchase was actually the second-highest for the week, by $13,000. The No. 1 home was a new-build on Chapel Woods Cove in Germantown's 38139. That house has five bedrooms and four-and-a-half bathrooms. A new home…

Mobile Stroke Unit gets additional funding

Memphis Business Journal - Fri, 02/15/2019 - 12:00
In treating a stroke, minutes — and even seconds — matter to preserve neurons that are vital to motor function and preserving life.   The University of Tennessee Health Science Center’s (UTHSC) Mobile Stroke Unit, a veritable “emergency room on wheels” with hospital-grade CT imaging technology, helps lessen the time period between when a call is made about a stoke to a patient getting treatment. The Mobile Stroke Unit launched in 2016, with more than $3 million for up to three years…

Bronczek retires from IP board, new member elected

Memphis Business Journal - Fri, 02/15/2019 - 09:09
On the heels of his retirement announcement from FedEx, David Bronczek will vacate his board seat at International Paper. Yesterday, Memphis-based FedEx Corp. announced Bronczek, president and chief operating officer for FedEx Corp., would retire from the company Feb. 28, and a Friday, Feb. 15 filing with the U.S. Securities and Exchange Commission (SEC) has revealed he will also retire from the board of directors for Memphis-based International Paper Co. (IP). Bronczek informed IP of his decision…

U of M's new research program could draw tech companies, jobs to area

Memphis Business Journal - Fri, 02/15/2019 - 07:05
The University of Memphis is launching new research into agriculture and food science that could help draw tech companies and jobs to the city. The Division of Research & Innovation program will provide new knowledge and solutions to agriculture and food industry challenges. “This initiative supports the regional push to attract new agriculture and food technology companies and bring good jobs to our region,” said Dr. Jasbir Dhaliwal, executive vice president for the U of M's Research & Innovation.  This…

Bronczek gets multimillion-dollar cash payment, noncompete from FedEx

Memphis Business Journal - Fri, 02/15/2019 - 06:12
David Bronczek’s sudden departure from FedEx will mean a multimillion-dollar cash payment for the longtime exec. Memphis-based FedEx Corp. announced Feb. 14 that Bronczek, president and chief operating officer for the shipping giant, had made a “personal decision to retire” and would be replaced by Raj Subramaniam. The separation and release agreement filed with the U.S. Securities and Exchange Commission (SEC) has now revealed more details. According to that filing, Bronczek will receive…

Legals 021519

Memphis Business Journal - Fri, 02/15/2019 - 05:00
Legals 021519

‘Productive Meeting’ Between Amazon and Unions, Then a Shock

NYT Technology - Thu, 02/14/2019 - 22:49
Labor groups aiming to organize a Staten Island warehouse were in talks with the company a day before it abandoned plans for a Queens headquarters.

Facebook Settlement With F.T.C. Could Run Into the Billions

NYT Technology - Thu, 02/14/2019 - 21:50
The social media company is in discussions with regulators over claims that it violated a 2011 consent decree regarding user privacy.

Amazon Pulls Out of Planned New York City Headquarters

NYT Technology - Thu, 02/14/2019 - 19:28
Amazon’s plan to build a sprawling complex in Queens in return for nearly for $3 billion in government incentives had come under fierce opposition from local lawmakers.

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