Friday, April 29, 2016

TechFlash: Microsoft exits Caradigm; Amazon's stock surge; Commute chaos coming

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TechFlash: Seattle's Technology News Source

GE buys out Microsoft's stake in Caradigm, promotes former Microsoft manager to CEO

The Bellevue population health care company has new leadership and has become a wholly owned affiliate of GE Healthcare.

Amazon stock surges 10 percent on profit news, exec promises more video spending

Amazon.com's stock jumped 10 percent on Friday the day after the retail behemoth reported its fourth straight quarterly profit. Separately, the company's finance chief said the company will spend "significantly" more on video content.

Viaduct closure: Morning commute traffic never clears, and next week will be worse

Seattle commuters already waste as much as 66 hours in traffic and, because of the viaduct closure, drive times are expected to increase by as much as 50 percent, according to Kirkland-based traffic data company Inrix.

Boeing saved $305M from tax credits in 2015 – union calls that a 'bad return'

Boeing gained $305 million from 2015 tax credits, but claims it gave $13 billion back.

Big Bellevue office deal is the Eastside's third largest of the year

VoiceBox Technologies is renting a large chunk of space in a 16-year-old downtown building.

Amazon doesn't plan to abandon shippers

The online retailer will continue to invest in its own logistics operations while keeping ties with the post office and private carriers.

Seattle Genetics, Alder BioPharmaceuticals report losses

The Bothell-based biotech companies reported losses in their earnings reports this week, but Seattle Genetics increased its revenue year-over-year and both companies have produced promising clinical trial results.

Airbus A320neo delivery delays give Boeing an opportunity to narrow gap with 737 Max

Airbus is suffering delays delivering A320neo jets, giving Boeing a chance to reduce the order gap.

Amazon same-day delivery map hit for 'insensitivity, if not hostility'

Amazon offers same-day Prime service to four of New York City's five boroughs, a fact that has Bronx Borough President Ruben Diaz Jr. angry.

Seattle's small businesses are stuck in gridlock

The Puget Sound region's small business climate is thriving, but it's in danger. Traffic is affecting companies' ability to do business.

National Tech News

SpaceX awarded first Air Force satellite launch contract

Delta launching real-time RFID luggage tracking (Photos and Video)

Uber's new two-minute drill for riders — with penalties

Sprint sheds more jobs in OP

Space tourism, aerospace company raises $15 million in funding

What Amazon is doing with 60 truckloads of cement in eastern North Carolina

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