Trolling in Tyler
The future of the Internet may be decided in Tyler. The East Texas town is the setting for a trial that will evaluate claims by a former university researcher who says he invented the technologies that laid the groundwork for the modern web—things like streaming video, interactive images, and suggested search results—back in 1993.
Wired reports that several Internet heavy-hitters—including Google, Amazon, Yahoo, and even web pioneer Tim Berners-Lee—turned out this week to testify against the patent claim, which they argue would dismantle the foundation of e-commerce. Many in the tech industry refer to the plaintiff, Michael Doyle, as a “patent troll.” He is seeking $600 million in damages.
The Bottom Line: Doyle moved his company to Tyler in 2009 in order to be closer to several companies he claims infringed on his intellectual property, including Perot Systems, Frito-Lay, JC Penney, and Rent-A-Center.
Hire and Hire
Houston, Austin, Dallas–Fort Worth, and San Antonio ranked in the top five metro areas in job creation in the last five years, according to data from the U.S. Bureau of Labor Statistics. American City Business Journals reported this week that just thirteen of the top one hundred labor markets in the country had positive job growth from 2006 to 2011, and Houston tops the list with 109,700 new jobs.
The Bottom Line: McAllen-Ediburg and El Paso weren’t far behind, claiming sixth and eighth place, respectively. Los Angeles fared worse than any other metro, losing more than 430,000 jobs in the last five years.
You’re Frito Stick Around
Pepsi announced Thursday that it will not spin off Plano-based Frito-Lay into a separate company from its beverage division, which some analysts had anticipated. The Dallas Morning News reports that sales of Frito-Lay’s salty snacks are on the rise, outperforming Pepsi’s soft-drink business by significant margins.
The Bottom Line