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Add Oracle to the list of tech companies that have moved their headquarters from Silicon Valley to Austin.
The software behemoth listed its principal executive office location as Austin on its third quarter report to the U.S. Securities and Exchange Commission.
Bloomberg first reported the news, and an Oracle spokesperson confirmed the move to CNBC on Friday.
BREAKING: Oracle just announced they have moved their Headquarters to Austin. Texas is truly the land of business… https://t.co/apGoOZCQVr— Greg Abbott (@Greg Abbott)1607724310.0
In addition to relocating its headquarters from Redwood City, California, to the Texas capital, Oracle is also implementing a more flexible employee work location policy, which many of its employees to choose their office location and whether they would like to continue to work from home, either full- or part-time.
Oracle opened its Austin campus—a sprawling half a million-square-foot facility on East Riverside Drive that will now serve as its corporate headquarters—in 2018.
Welcome home, Oracle! Austin yet again contributing to economic development in Texas. https://t.co/E4o79deGZd— Mayor Adler | 😷wear a mask. (@Mayor Adler | 😷wear a mask.)1607726157.0
The tech company is not alone in its recent migration east.
Billionaire CEO Elon Musk announced earlier this week that he had moved to Texas from California. He has also threatened to relocate the headquarters of his electric car company, Tesla after clashes with local and state officials in California over pandemic restrictions.
"I do think that there is something that happens … if a team has been winning for too long," Musk told the Wall Street Journal on Tuesday. "They do tend to get a little complacent, a little entitled, and then they don't win the championship anymore. So California's been winning for a long time."
Hewlett Packard Enterprises announced earlier this month that it would relocate its headquarters from San Jose to Houston.
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The Texas Department of State Health Services will allocate 332,750 doses of the COVID-19 vaccine to 212 providers this week, with the bulk assigned to hub providers that are focused on widespread community distribution events. Six of those providers are in Travis County.
With the latest allocation of 16,450 sent to Travis County this week, the county will have received 104,275 doses of the vaccine. Local public health officials estimate that there are 285,000 area residents who fall in the 1A and 1B priority groups, meaning that around 37% of them should have access to doses seven weeks into the rollout process.
Here's where the latest allotment is going:
<ul class="ee-ul"><li>APH (12,000 doses)</li><li>UT Health Austin (1,950 doses)</li><li>CommUnity Care David Powell Clinic (100 doses)</li><li>DSHS Central Pharmacy Warehouse (2,200 doses)</li><li>Texas Department of Public Safety (100 doses)</li><li>CommUnity Care Del Valle (100 doses)</li></ul><div>Although these providers may have doses to administer, many are limiting their supply to existing patient networks or reaching out to eligible candidates directly, rather than working through a waitlist system. View a list of providers with a waitlist <a href="https://austonia.com/austin-vaccine-waitlists" target="_self">here</a>.<br/></div><p>The DSHS Pharmacy does not serve the general public.</p>
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The California exodus has made headlines for several years now, and even more recently, with thousands of West Coasters seeking tax relief, less-expensive real estate and a simpler lifestyle in Texas' capital city.
However, a California man's scathing review of Austin, which was published in Business Insider on Wednesday, reveals that some are less than satisfied with their move.
<p>In Brett Alder's piece, the sales executive cites "punitive, militaristic" public schools, "oppressive" heat, "reptilian brain terrible" Austin drivers, and a "monoculture" as some of the reasons he moved from California to Texas—and back again.</p><p>The one similarity? Alder said that the only thing Austin had in common with California was the one he tried to escape: a high cost of living.</p><p>Alder wrote his op-ed as a warning to Californians like himself who had visited the city but found it wasn't the right fit.</p><p>"I had visited Austin several times, and everyone was super cool," Alder told Austonia. "I attended great restaurants in Austin, I experienced generally good weather, so I guess I was surprised at some the things I didn't expect before going there."</p><p>In the op-ed, Alder admits that he upgraded his home in the move, doubling his square-footage and adding in a pool for relatively the same price. However, cheap housing was unable to mitigate sky-high living expenses. With a $400 monthly power fee, Alder said his family was still "uncomfortable" and that San Diego's water charges were "cheaper during a drought... from two states away." </p><p>Despite coming from sunny California, Adler also complained about Austin's heat and humidity. <br/>And the "annoying cold." While Austin's rain makes the "greenery look great," Adler said it did not make up for allergies, mosquitoes and quickly spoiling food.</p><p>To add to the heat problem, Alder said that lack of public land made the bunch feel even more "cramped and cooped up." Even Enchanted Rock was not immune to the family's distaste and was dubbed "Disenchanted Rock" after a weekend misadventure. Travel was also a no-go, as getting "anywhere interesting" involved flying expenses or several hours of driving.</p><p>Finally, Alder's general dislike of the people and culture was enough to drive the family back to the Golden State. Although he ran into Matthew McConaughey at a flag football game and met some "very wonderful, friendly people," many others he was less impressed with. Alder found service to be worse than anywhere he's been and said even the "car washes were lame." </p><p>Austin's general culture, according to Alder, was a "monoculture that doesn't even seem to be aware of its own blandness." Older, native Texans tended to fit seemingly negative stereotypes, and networking by "attending the local high school football game with the guys" was not his cup of tea. He disapproved of the area's public schooling as well and compared the school his three children attended to a "micro-managed military academy."</p><p>The post was actually posted to a medium blog by Alder in 2016 as a way of venting about his complaints and giving Californians advice. </p><p>Five years later, the piece was tweeted out and later picked up by Business Insider. Texans across the state were up in arms about the op-ed, with Austin Instagram account 365thingsaustin posting, "Headline should read: Culturally Unaware Douchebag Doesn't Make Friends in Austin, Blames City."</p><div class="rm-shortcode" data-rm-shortcode-id="2926f780f9504db161b1d5b2df683bee" id="4f827"><blockquote class="instagram-media" data-instgrm-captioned="" data-instgrm-version="4" style=" background:#FFF; border:0;
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</div></blockquote></div><p> Alder said in his interview with us, he actually has enjoyed some of the jabs Texans have given him.<br/></p><p>"A lot of people have blown me up in very clever, witty fashion, which I greatly appreciate," Alder said.</p><p>Alder said that the post was more of a reminder to himself to not move back to Austin than a diss at the city itself and that he would have included the positives if he knew it would get traction.</p><p>"I never knew that that piece was going to blow up, that it would be read by people all over Texas," Alder said. "I didn't include the positive stuff, like how our neighbors left us brownies or invited us to New Year's parties, or things like that."</p><p>Although Alder was ultimately against the <a href="https://austonia.com/california-transplants-in-austin" target="_blank">Californian Texodus</a>, many Californians have stated that the opposite is true. </p><p>Austonia spoke with multiple newer Austinites this month that said they really enjoyed their new way of life in Austin. California native Adam Prishtina said he was surprised at the upgrade in the quality of life his family was able to afford upon moving to Austin. </p><p>"We said, 'this is crazy,'" Prishtina said. "We should look at an opportunity to be able to live in a house with a front yard and a back yard, to just have room for the family to grow and expand."</p><p>Technical writer Joyce Fee said that her new Austin neighbors were both friendly and accepting to her and her partner.</p><p>"We were afraid because we are a gay couple and we thought, 'Oh, man, are we going to go to Texas and get murdered or something like that,'" Fee said. "I remember those first few months, the neighbors were so warm and welcoming, (asking), 'How y'all doing.'"</p><p>In hindsight, Adler said he understands some criticisms he is receiving and that ultimately his personal values may have gotten in the way of the best experience.</p><p>"Some of the criticism I'm getting is that, 'How could Californians have not known this about Texas before you moved here,' and that's totally legitimate criticism," Alder said. "I think Texans understand their state and the advantages of their state much better than Californians do. I think that's a big part of it, and I think another part of it was a lack of fit."</p><p>Whether Alder's experience truly was shaped by Austin's flaws or was just not the best match, the Californian's views on Texas' capital city are certainly not universal.</p>
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Austin may soon be home to a tech plant that would dwarf the Tesla Gigafactory in both investment and job creation.
Samsung Electronics Co. is considering starting construction on a $10 billion memory chip plant in Austin as soon as this year, Bloomberg reported Friday.
<p>The Samsung plant would compete with industry leader Taiwan Semiconductor Manufacturing Co., which is scheduled to begin construction on a $12 billion semiconductor factory in Phoenix <a href="https://azbigmedia.com/real-estate/taiwan-semiconductor-launches-38b-phoenix-presence-by-signing-major-lease/#:~:text=Taiwan%20Semiconductor%20Manufacturing%20Company%20is,to%20begin%20production%20by%202024." rel="noopener noreferrer" target="_blank">later this year</a>. </p><p>Samsung is capitalizing on a federal effort to draw advanced manufacturing plants away from Asia, Bloomberg reported. </p><p>Samsung Austin Semiconductor LLC purchased roughly 258 acres of land in Northeast Austin in late October, near its existing chip manufacturing plant. Last month, Austin City Council approved a rezoning request from the company to allow for industrial use. </p><p>"The proposed (zoning) agreement will reflect almost the same conditions approved on the current Samsung Austin Semiconductor site," Case Manager Sherri Sirwaitis wrote in <a href="https://www.austintexas.gov/edims/document.cfm?id=351517" rel="noopener noreferrer" target="_blank">a staff report</a> submitted to the council. </p><p>Samsung opened its first Austin plant in 1997 and has since expanded its campus, which now spans roughly 300 acres and employs around 3,000 people, <a href="https://www.bizjournals.com/austin/news/2021/01/22/austin-could-be-home-to-10b-samsung-plant.amp.html" rel="noopener noreferrer" target="_blank">according to the Austin Business Journal</a>. </p><p>The company also has a long history of working with state and local governments on tax incentive deals. Between 2009 and 2019, Travis County rebated Samsung $65 million as part of an ongoing incentives agreement. </p><p>One of the people close to the matter told Bloomberg that the company may go ahead without such an incentives agreement. But the Travis County Commissioners Court is scheduled to consider whether to accept an application for an economic incentive agreement on Tuesday. A spokesperson would not say which company has filed the application—nicknamed "Project Silicon Silver." </p><p>Travis County commissioners last considered an unnamed economic incentives agreement application in May 2020, which was later revealed to have been filed by Tesla. They later approved a multimillion-dollar incentives agreement for the electric automaker, which is currently building a $1.1 billion Gigafactory in Southeast Travis County. </p><p>In response to criticism regarding the agreement, Travis County commissioners voted unanimously <a href="https://austonia.com/travis-county-incentives" target="_self">last month</a> to amend its economic incentives policy to include community input requirements. As a result, if commissioners vote to accept the Project Silicon Silver application, the court will be required to post draft agreements publicly and host public hearings before taking action on any incentive agreement. </p>
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