Wednesday, March 18, 2015

TechFlash: Juno stock drops on news of cash burn; Starbucks-Postmates delivery

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TechFlash: Seattle's Technology News Source

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Juno stock drops as company projects up to $150M in cash burn in first post-IPO report

Seattle biotech Juno Therapeutics reported $243 million in net losses in 2014, and has projected it will burn through up to $150 million in cash in 2015 as it works to develop 10 new products.

Starbucks partners with Postmates to launch Seattle delivery service in mid-2015

Starbucks has teamed up with food delivery service Postmates to launch a delivery service in Seattle.

Here's what businesses need to know about the Premera data breach

A massive cyber attack on health insurance company Premera Blue Cross leaves about 1.7 million current Washington state customers' data vulnerable. Most of those customers have their insurance plans through their employers.

Lenovo takes the torch from Nokia, commits to Windows Phone

Microsoft announced on Wednesday that Lenovo has committed to release Windows-powered smartphones later this year.

How being 'five minutes apart' led Valve and HTC to create virtual reality together

HTC and Valve jointly announced the Vive virtual reality headset earlier this month, but they don't know how would have pulled if off if they weren't both local companies.

T-Mobile unveils aggressive new plan to snag share of a small business market it has virtually ignored

T-Mobile unveiled "Un-carrier for Business" on Wednesday as the company says it's about to target enterprise customers for the first time.

This Seattle biotech is about to experience a hostile takeover

A ruling last week will compel the Seattle biotech Acucela to hold a special shareholders meeting by May 1. At that meeting, one of the company's largest shareholders, SBI Holdings Inc., and its former CEO Ryo Kubota will vote to replace four members of the board.

National Tech News

Seattle mayor announces $900 million transportation levy

Lenovo takes the torch from Nokia, commits to Windows Phone

Juno stock drops as company projects up to $150M in cash burn in first post-IPO report

Facebook wants you to send cash to friends in Messenger

Medtronic invests in diabetes-management tech startup Glooko

Oregon taps startup aces to boost its entrepreneurial fortunes

Apple and augmented reality: Will it follow Google, Facebook, Samsung, Microsoft and Sony into AR, VR?

Ohio's toxic algal blooms aren't a boon for Ohio lab that tests for toxic algae

This startup's high tech fitness gear hits the NBA

Staying on top of tax compliance: Q&A with CPA Jason Deshayes

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