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    Oracle's startup accelerator is going global
    Oracle Corp. has knocked down the walls of its cloud accelerator program ? opening a trove of resources for cash-strapped startups and creating a way for Oracle to make positive first impressions with more potential customers. The information technology company is based in California but last year opened its first U.S.-based accelerator in Austin, where it has a large, new corporate campus. Oracle on June 17 expanded the accelerator so it can accept startups based anywhere in the world. The?


    Report details the cost of living in downtown Austin
    Compared with everywhere else in the country, Austinites spend more to live in the Central Business District than anywhere else in the metro, according to a new report from RealPage.


    27-story tower with art gallery hits snag over design, density
    A New York-based developer wants to build a 117-apartment high-rise near 17th and Guadalupe Streets in downtown Austin's northwest corner? and needs a density bonus to do it. But the project ran into some pushback from Austin's Design Commission.


    Williamson County sues Purdue Pharma, CVS, Walmart, others over opioid crisis
    Williamson County has filed a lawsuit against major manufacturers, distributors and retailers of pharmaceutical opioids, saying that these companies have caused harm, death and also cost a great deal of money for the county. In the lawsuit filed June 14 in Williamson County District Court, the county said it has spent and continues to spend ?large sums combating the public health crisis? created by negligence and fraudulent marketing of these companies. This suit was filed against Purdue Pharma?


    Houston billionaire buys Texas Monthly magazine
    Texas Monthly, the Austin-based magazine known for its bold political and cultural features, has a new Houston-based owner. An affiliate of Enterprise Products Co., a private company led by Houston billionaire Randa Duncan Williams, bought the magazine from Genesis Park, a Houston-based private equity firm led by Paul Hobby, for an undisclosed amount. The deal is effective June 30, according to a June 25 announcement. Texas Monthly will retain its current offices in downtown Austin and satellite?


    Ford is offering $100K to fight Austin gridlock
    People often complain about the traffic in Austin ? but how many have ideas for how to get around it? The city is looking for solutions to its transportation needs, and launched a program June 24 with the Ford Motor Co. (NYSE: F) to crowdsource ideas and potentially fund a pilot program of the best one. ?The City: One Challenge is built on the belief that we build a city in motion one person, one solution at a time,? the program?s website states. Right now it?s soliciting feedback from?


    Another online company arrives aimed at undercutting Realtors
    Denver-based BlueMatch, which provides a commission-free real estate platform, is entering Texas with a focus on Austin, Dallas, Houston and San Antonio. The platform, which enables homeowners to list homes commission-free with added support of a licensed real estate agent for a flat fee, is available throughout the state, though the company's eyes are fixed largely on Texas' major metros. It's one of several tech-based companies that have arrived in recent years to shake up the home-buying market,?


    Austin architect again teams up with Katz's Deli owner in Houston
    While Katz's Deli closed in Austin in 2011, the name lives on in the Houston area. A well-known Austin architect is helping the Katz family grow its business in the Bayou City.


    M&A wrap: WP Engine, EZCorp, Mood Media open wallets
    WP Engine just bought Flywheel, where revenue grew more than 1,400% from 2014 to 2017. And Austin-based pawn shop operator EZCorp is acquiring more stores.


    Capital Metro ridership bounces back from years of stagnation
    Austinites are using more public transportation than a year ago. The Capital Metropolitan Transportation Authority saw an 11.5% year-over-year ridership increase in May, with 2,653,508 total boardings. Sunday ridership took the biggest leap, jumping 32.1% year-over-year. Weekday and Saturday ridership increases came in at 9.8% and 9.9%, respectively. The transit agency attributed the growth in ridership to the implementation of Cap Remap, its massive overhaul of routes and frequencies that launched?