Tuesday, January 20, 2015

TechFlash: SpaceX gets $1B; Outerwall stock tanks; Amazon's 4th high-rise block

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SpaceX announces $1 billion investment from Google, Fidelity

Elon Musk, CEO of Space Exploration Technologies Corp. and founder of Tesla Motors, wants to use hundreds of satellites to give everyone in the world internet access. A billion-dollar investment from Google may help make that a reality.

Outerwall stock tumbles after CEO steps down

Outerwall CEO Scott Di Valerio left the company Tuesday, which sent Outerwall shares down 20 percent.

Here's a look at Amazon's new designs for a 4th high-rise block in downtown Seattle (slideshow)

The company has eliminated a small retail pavilion to add more open space to the block at Seventh and Blanchard.

Three more Concur executives join Singh, Hilton, announce resignations

Three more Concur executives will be leaving the company, marking five total who have left since the SAP acquisition closed in December.

Porch.com raises $65M, headcount increases 1,300 percent in 16 months

The Seattle home improvement software company announced a $65 million series B financing round Tuesday, just months after its series A.

Will Avalara be Seattle's first IPO of 2015? Tax software firm raises $42M in preferred stock sale

Bainbridge Island-based sales tax software company Avalara announced Tuesday it has raised a $42 million series D-1 round that points toward a likely initial public offering in the near future.

​Meet the latest Seattle startup to get backed by Silicon Valley's hottest VC firm

Distelli, founded by an AWS engineer, raised a $2.8 million round led by Andreesen Horowitz.

Bellevue man arrested in connection with 'Silk Road 2.0' online drug market

Federal agents have arrested a Bellevue man in connection with his alleged involvement in an online illegal drug marketplace known as "Silk Road 2.0."

Seattle needs to 'get loud' on net neutrality, says Cantwell

Seattle needs to "get loud" on net neutrality to prevent a two-tiered internet structure, according to the state's leaders.

Amazon Web Services to power Indiana facility with wind power

Amazon.com Inc. said it will power its Amazon Web Services facility in Benton County, Ind., using wind power.

Don't like what the President is saying tonight? Let the world know

​Microsoft Corp. said it's Bing technology will be used tonight by networks CNN and MSNBC during President Barack Obama's State of the Union address, allowing users to make their opinions known.

National Tech News

Macy's takes a Latina leap with new Thalia Sodi collection

Giant Eagle announces end to patent dispute over fuel perks

Former Navy SEAL launches startup to cure PTSD

7 things businesses need to know about the Governor's State of the State speech

Twitter buys Indian startup ZipDial to tap into developing nation Internet growth

SpaceX lawsuit can challenge Air Force launch contract with ULA, judge rules

From customer to CEO, Compli taps a new leader

Netflix Q4 earnings soar above analysts' expectations

Netflix Q4 earnings soar above analysts' expectations

Zoe Quinn crowdfunded 'Crash Override' with Patreon

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