Facebook creating office in Austin, 200 jobs
AUSTIN, TX -- Texas will invest $1.4 million as the social networking service Facebook plans to set up a sales and operations office in Austin.Gov. Rick Perry on Thursday announced the financing through the Texas Enterprise Fund, which is used to attract businesses to the state.
The investment is expected to help create about 200 jobs. The TEF funding is conditioned upon the finalizing of an incentive deal with the city of Austin.
Perry's office says the Austin location will be the first major U.S. expansion of Facebook, which is based in Palo Alto, Calif.
- HISD schools may ditch Indian-themed mascots
- HPD: Baybrook Mall employee abducted, raped 33 min ago
- HISD principal, administrator arrested in Alabama
- Vandals strike vehicles in Woodland Heights
- Know the guy in this surveillance video?
- Backyard sinkhole nightmare finally ends
- 200lb generator stolen from man's driveway
- Stockman challenges Cornyn in Texas US Senate race 25 min ago
- Raw sewage seeping into Oak Forest homes
- Restaurant apologizes for racist sign 16 min ago
- Coach accused of tattooing a minor
- Texas A&M's Johnny Manziel named Heisman finalist
- 2 teens arrested for Sienna Plantation vandalism 41 min ago
- Video: Wade Phillips on life after Kubiak