TechFlash: Two Washingtons and China; F5 patent fight takes bite out of earnings

If you are having trouble viewing this email, click here

How the 'two Washingtons' could impact the future of U.S.-China relations China's middle class is projected to double to 600 million people – nearly twice the entire population of the U.S. – in the next decade. Meanwhile, the Chinese government still strains to maintain control of commerce and tensions between the U.S. and China threaten to undermine the market opportunity for businesses. F5 Networks' patent fight with Israeli company takes bite out of earnings The company reported a decline in quarterly profit to $75.4 million from $85.7 million related to a one-time charge due to patent lawsuit in the quarter. Analysts expected earnings of 1.63 cents per share on revenue of nearly $486 million, according to Yahoo Finance. Bluetooth company Sensoro eyes $35M for Series B round With offices in both the Seattle area and throughout China, Sensoro is looking for more money and partners to support sales of its Bluetooth beacons. Intel to slash 12,000 jobs worldwide amid major restructuring The company, which has operations in DuPont, Bellevue and Seattle, said the restructuring initiative will accelerate its "evolution from a PC company to one that powers the cloud and billions of smart, connected computing devices." Redmond's Aerojet Rocketdyne lands $67M NASA contract The contract calls for Aerojet Rocketdyne to design and develop an advanced electric propulsion system for NASA's deep-space missions, including the robotic portion of NASA's Asteroid Redirect Mission (ARM) and NASA's Mars mission. Varsity Tutors launches office to recruit, retain Seattle talent Academic tutoring company Varsity Tutors has opened an office in downtown Seattle to take advantage of the region's tech talent. Opinion: Washington's community, technical colleges can bridge the skills gap The CEO of the League of Education voters and the president of Lake Washington Institute of Technology discuss the need for fully funding higher education. National Tech News As analysts weigh in on Intel's restructuring, Jim Cramer has an off-the-wall idea ​Report: Trump has been illegally flying a Cessna Citation X on campaign trail Facebook considers 'tip jar,' and other ways to monetize the platform

Connect with us   Companies in the News Boeing Alibaba F5 Networks Radware Nokia Growth Partners Microsoft Ventures New World Development Co. Ltd. Mandra Capital Sensoro Intel Corp. DuPont Development Center University of Washington Aerojet Rocketdyne Rocketdyne Aerojet NASA Facebook Google Microsoft Amazon.com Varsity Tutors PaperG League of Education Voters Washington State Board for Community

Text Version | Cancel Email Subscription You may change your email address, your preferences, or unsubscribe from this email at any time by visiting bizjournals.com: https://www.bizjournals.com/my_account/ If you need other assistance, please let us know or contact: bizjournals customer service, bizjournals.com 120 W. Morehead St. Charlotte, North Carolina 28202 © 2016 American City Business Journals, Inc. and its licensors. All rights reserved. The material on this may not be reproduced, distributed, transmitted, cached or otherwise used, except with the written permission of bizjournals.com.