TechFlash: Expedia talks spinoff; Microsoft's new layoffs; Amazon's profit bump

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Expedia considers IPO for subsidiary Trivago Expedia CEO Dara Khosrowshahi said the Bellevue online travel company is considering an IPO for the German online hotel comparison company Trivago in which it acquired a majority stake in 2012. Microsoft plans 2,850 layoffs in the upcoming year Microsoft in the SEC filing said the additional 2,850 layoffs are "an extension of the earlier plan" to restructure the company's smartphone hardware business and global sales. Amazon reports big jump in profit, adds nearly 24,000 employees in one quarter Amazon's second-quarter profit increased more than nine times over the same period last year. Expedia stock drops 10 percent despite big jump in revenue Immediately following the second quarter financial report, Expedia stock prices fell more than 10 percent in after-hours trading to around $107 per share. Walgreens to kill Bellevue-based Drugstore.com 5 years after acquisition The retail pharmacy company is also closing down the site Beauty.com as part of its broader plan to focus more closely on Walgreens.com. eDNA helps Washington companies track salmon, smelt Environmental service firms map spawning patterns of endangered aquatic species through eDNA National Tech News Facebook may owe as much as $5 billion in taxes after IRS probe Uber co-founder makes real estate play with Haus Intel Capital finds new leaders for $125M Diversity Fund Unicorn investors finding new ways to cash out? Nasdaq data hints yes

Connect with us   Companies in the News Orbitz Expedia Trivago Microsoft Nokia Amazon Amgen Drugstore.com Walgreens

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