Thursday, February 12, 2015

TechFlash: Cauce takes top spot at UW; Zulily shares tank; Expedia is No. 1

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UW Provost Ana Mari Cauce will be interim president

The University of Washington Board of Regents today named UW Provost and Executive Vice President Ana Mari Cauce as the interim president in the wake of Michael Young's departure to Texas A and M University in College Station, Texas. She will take over March 2.

Zulily shares sink 27 percent after 'wobbly' execution, analyst downgrades

Zu​lily isn't bringing in customers as fast as it once was and that has Wall Street investors dumping the stock as quickly as they can.

Expedia bumps Priceline to No. 2 spot after $1.6 billion Orbitz acquisition

Expedia executives said acquisitions like the one announced today will help keep the company from being "squished down" by larger competitors.

Several tech company office buildings likely to change hands this year

Office investors are looking more and more to suburbia, where they can attain better returns.

Inrix to use data from windshield wipers, ABS to map road conditions

Inrix has long used vehicle speed and direction data to build traffic maps, but now it's going to start tapping into more car sensors.

Expedia to buy Orbitz for $1.3 billion

Just weeks after Expedia announced it would complete the purchase of Travelocity, the Bellevue company said it would pay $1.34 billion for travel booking site Orbtiz.

Amazon competitor Jet.com lands another funding round

Investors appear smitten with the idea that founder and CEO Marc Lore can challenge Amazon.com someday.

Zulily CFO Marc Stolzman steps down as investors grow wary

Zulily Chief Financial Officer Marc Stolzman is stepping down effective in March, the Seattle e-commerce company announced in its fourth-quarter earnings call Wednesday.

National Tech News

R/GA planning more tech accelerators, founder Bob Greenberg says

Visa tracks your location to avoid false alarms in fraud-detection software

MoneyGram revenues dip slightly while transaction volumes rise

Tesla's Q4 earnings were tough, but the real moment of truth may come this year

Negative founders strip underwear down to simple, sexy essentials

Inrix to use data from windshield wipers, ABS to map road conditions

Local company expanding, buys industrial building for $3.25 million

Portland security software firm launches device authentication product

Marquette student startup FocalCast lands $50,000, spot at St. Louis' Capital Innovators

BowTie users readying software innovations for demo day

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