Wednesday, November 5, 2014

TechFlash: Hedge fund shorts Amazon; Zulily, Zillow, Tableau see record growth

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TechFlash: Seattle's Technology News Source

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​Amazon stock is overvalued, hedge fund manager Einhorn says

Greenlight Capital hedge fund manager David Einhorn added Amazon to his list of stocks to short.

Tableau hits record revenue, stock soars

Tableau reported revenue of $104.5 million, and a $4.6 million loss.

From sand to skyscaper: New apartment project proposed for historic South Lake Union site

City board to review the latest design of MacFarlane Partners' residential tower Wednesday evening.

Zillow grows revenue 66 percent to a record $88.6 million

Zillow reported record third quarter revenue of $88.6 million Wednesday, a 66 percent increase from last year.

Zulily hits $1 billion in annual sales, hires 1,800 people in a year

The e-commerce company is also continuing its shift away from kids' apparel and increasing mobile sales.

Will Amazon start using taxi cabs to deliver packages?

Amazon is reportedly testing a taxi delivery service in California via the Flywheel app that would have taxis delivering packages to customers.

Subscription fitness startup Fitmob expands from Bay Area to Seattle

A second subscription fitness service has launched in Seattle. The new service hopes to soon be offering yoga classes under the Space Needle.

Redmond Town Center poised for makeover, fills retail vacancies

Redmond Town Center will have an entirely new feel in a few months.

Microsoft's new 'Band' is panned

​Microsoft Corp.'s new "Band" wearable fitness tracker has been panned by at least one national publication.

Washington state voters approve I-594 to require background checks for gun purchases

Early results in Washington state Tuesday evening show voters have approved Initiative 594, which will require background checks for all gun purchases. The initiative was supported by some of the region's most prominent business leaders.

National Tech News

'1989' sells 1.2M copies, making Taylor Swift the first woman to have 3 albums with over 1M sales in a week

Lyft to halt operations in Houston due to city council regulations

Tableau hits record revenue, stock soars

Former GLI execs offer lessons learned about starting a business

Denver clarifies its software tax policies

Boeing plans to replace 737 MAX by 2030

Travis Kalanick's take-no-prisoners startup strategy in 9 quotes

From sand to skyscaper: New apartment project proposed for historic South Lake Union site

Here's why ad tech firm Visible Measures cut half its staff

N.C. Attorney General's Office investigating Uber's Halloween price surge

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