Thursday, July 24, 2014

TechFlash: Zillow may buy Trulia; Amazon loses $126M; Immune Design's $60M IPO

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TechFlash: Seattle's Technology News Source

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Zillow looks to acquire largest competitor Trulia for $2 billion, report states

Zillow could acquire the company for $2 billion as soon as next week, Bloomberg News reports.

Amazon's stock price drops as the company reports a $126 million Q2 loss

Amazon reported a $126 million loss in its second quarter report Thursday, a significantly larger loss than the same period last year.

Another Seattle biotech goes public: Immune Design raises $60M in IPO

Seattle-based Immune Design, which makes a treatment for cancer, went public on Thursday, trading on the NASDAQ under the ticker symbol IMDZ. The company sold 5 million shares for $12 a share.

Oracle joins 'Cloud City,' opens a Seattle cloud development center

The center will hire 100 engineers to start, but plans to hire hundreds more in the months and years ahead.

F5's profits shoot up 17 percent, boosted by its tiered pricing model

Seattle networking company F5 reported $79.5 million in Q3 profits Wednesday.

Seattle ninth-best place in U.S. for business, says Forbes

Of magazine's top 10 best cities for business, Seattle is the largest.

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