Latest in Technology
Lawsuits get settled, but what about the companies wielding Nokia patents?
President Donald Trump sent his budget request for the next fiscal year to Congress today, giving the science community a glimpse of what may be to come – and many don’t like what they see. The budget proposal cuts funding for most research and development programs in favor of defense and homeland security spending. The National Institute of Health’s budget would be reduced 22 percent, from $34.6 billion to $25.9 billion. The budget for the Environmental Protection Agency would drop 31 percent, from $8.2 billion to $5.7 billion, and reduce the agency’s employee count by 3,200. The American Association for the Advancement of Science… Read More
Is there money to be made by going meatless? Substitutes for meat, dairy and eggs have been around for decades, as demonstrated by the success of Seattle-based Field Roast Grain Meat Co., but new technologies may well give what’s now known as “clean meat” a boost. “I don’t know of any companies that are true innovators in this space that are flailing,” said Chris Kerr, investment manager at New Crop Capital, a D.C.-based venture capital firm that specializes in the food frontier. Kerr was among the experts speaking at a survey of the marketplace for clean meat – that is, meat… Read More
The memories came flooding back for Facebook founder Mark Zuckerberg as he visited the dorm where he lived during his time at Harvard University. Naturally, he streamed his entire visit to Kirkland House H33 in Cambridge, Mass., live on Facebook on Tuesday afternoon. With his wife Priscilla Chan joining him, Zuckerberg marveled his followers with tales of “jamming on code” until 5 a.m. and the dude across the hall who would steal his last Hot Pockets sandwich. After entering the room, Zuckerberg flips the camera to show off the layout of the space, which features a small desk and a couple beds.… Read More
The odds of surviving stage III Hodgkin’s lymphoma are about four-to-one. The odds of two people beating that cancer and going on to create a successful startup together are harder to pin down, but we imagine they’re pretty slim. That unlikely string of events tells the story of Splainers, an Issaquah, Wash., startup that creates shareable explainer videos for companies like Microsoft, Adobe, and MasterCard. Years ago, Mark Smith, who serves as Splainers CEO, met Seth Hill at a party in Seattle. They learned they had both survived the same disease by undergoing an experimental treatment. After getting to know one another, Hill… Read More
Women working in King County make 78.6 cents for every dollar their male counterparts earn, according to a new study conducted by the Institute for Women’s Policy Research for the Seattle Chamber of Commerce and the Women’s Funding Alliance. That number has increased by about two cents since 2013 when a similar study was last conducted. If the gap continues to narrow at this rate, girls born in 2000 will have to work until they are 70 years old before achieving pay equity. “This new data shows we are making gains to close the gap, but we still have a… Read More
At the annual Berkshire Hathaway shareholders meeting earlier this month, chairman Warren Buffett heaped praise on the success of Amazon and the smarts of CEO Jeff Bezos. On Tuesday, Bezos returned the favor, telling shareholders at his own meeting how much it meant to be complimented by the fellow billionaire. Buffett — who is currently No. 3 behind Bezos on Forbes’ real time list of richest Americans — said at the time that he was impressed by Bezos early on and what he went after with Amazon. He said it’s remarkable what Bezos is doing simultaneously in shaking up the… Read More
The “future standard for phone authentication” is not ready for mainstream use.
Amazon had no shortage of impressive stats to present to its shareholders at its annual meeting in Seattle this morning. Annual revenue rose 27 percent to $136 billion in 2016, operating profit reached $4.2 billion, up 87 percent, and the company surpassed 340,000 global employees as of the end of the year. Not to mention the continued growth of Amazon Web Services, the rapid expansion of Prime Now delivery, a boom in Prime-eligible products, and the 11 Emmys, six Golden Globes and three Oscars won by the company’s growing array of original movies and TV shows. Amazon has even given out more than 1.7 million… Read More
Attacks came from either an unusual type of DDoS or poorly written spam bots.
Outreach.io today announced a $30 million funding round that will help the Seattle startup grow its sales automation platform. DFJ led the Series C round, which included participation from Four Rivers Group and existing investors like Mayfield, MHS Capital, Microsoft Ventures and Trinity Ventures. Total funding to date for the 3-year-old company is now $60 million. Outreach originally built software tools for recruiters, but it pivoted in 2014 to focus on building tools for salespeople. The 180-person company now helps clients like Pandora, Adobe, and Zillow automate and streamline communication with sales prospects. It offers one system to track all touch points, from phone calls to emails… Read More
At Amazon’s annual shareholder meeting in Seattle this morning, the company’s leaders trumpeted its growth, charitable giving, and international expansion, but several shareholders were more interested in hearing about Amazon’s politics. Several questions aimed at Amazon CEO Jeff Bezos had a political bent, including a request for an Amazon party “obsessed with voters,” in the same way Amazon prioritizes being “obsessed with customers” above all else. Bezos also fielded a plea for him to be the arbiter between rival politicians and an appearance by Rev. Jesse Jackson asking Amazon to be a leader in diversity efforts. And of course, there was… Read More