Monday, April 18, 2016

TechFlash: Nordstrom slashes jobs; Ousted F5 CEO's new job; Juno gets $50M

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TechFlash: Seattle's Technology News Source

Nordstrom to cut 350 to 400 positions, mostly in Seattle

​Nordstrom announced Monday it expects to cut 350 to 400 positions by the end of July as it makes changes to its operating model in response to customers' changing needs.

4 months after stepping down from F5, Manny Rivelo lands next CEO job

Manny Rivelo was pushed out of his job as CEO at F5 Networks in December. A Texas-based company has announced that Rivelo will now be its chief executive.

Juno strengthens overseas position, gets $50M in expansion of Celgene deal

Juno is pushing ahead with an effort to get its cancer drug developed and commercialized globally. Celgene will take on that job, paying Juno $50 million in cash for the rights to expand a particular Juno program outside the U.S.

Seattle startup heads to Haiti to test UV-driven water purification system

PotaVida will conduct a test its water purification bags in Haiti. If the results are good, the small company hopes to add customers more quickly.

Amazon gives Prime a movie makeover

The Seattle tech giant will now offer its video-streaming service separate from the Prime annual membership. The month-to-month fee will cost $1 less than Netflix.

Who's Hiring: Washington state added nearly 100,000 jobs

Job market is so hot that people flocking here keep the unemployment rate steady. Also, the governor wants to strengthen Washington state's life sciences job market.

Cray Inc. is in talks to move Minnesota staff to Mall of America

The Seattle-based supercomputer company is negotiating to become the first tenant in Mall of America's new office building.

Tune cranks up the volume, plans to hire

The Seattle mobile marketing analytics company aims to reach $100 million in revenue this year, hire 100 more people.

Help PSBJ find the region's largest LGBTQ-owned businesses

The new list celebrates diversity in LGBTQ community and is part of our new Business of Pride special report.

National Tech News

Did Apple accidentally reveal plans to rebrand its OS?

More leaks out of Apple: Secret car lab, new iPhone bodies

$4.8B Bay Area venture, private equity firm acquired by UK investor

Oregon's top investors to startups: Here are the key elements of a successful fundraise

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