Wednesday, July 27, 2016

TechFlash: How Outerwall's $1.6B deal impacts staff; T-Mobile profit drops

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TechFlash: Seattle's Technology News Source

Outerwall CEO's email details how $1.6B deal will impact staff

Neither Outerwall nor Apollo has revealed much about what the deal means for the Redbox-owner's Bellevue employees. An email Outerwall CEO Erik Prusch sent to employees, however, provides a look at the company's internal communications about the acquisition.

T-Mobile profit drops as telecom continues to add customers, outpace competitors

T-Mobile added nearly 1.9 million subscribers, outpacing competitors but still short of the 2 million customers the company has managed to add each quarter for nearly two years. The company now has more than 67 million subscribers.

Washington state's new tech adviser has a plan to spread the tech wealth

The former Microsoft executive and dean of Seattle Pacific University's business school was appointed in May to advise Gov. Jay Inslee as director of economic development for Washington's information and communication technology (ICT) sector.

'Queen of the Skies' no more: A look back at the 747 as Boeing considers ending production

Boeing is building the jumbo jets at a rate of half a plane per month. Now, it's looking like production may finally come to an end for the "Queen of the Skies."

Analyst: Zero chance a last-minute order — or Air Force One needs — could save the 747 line

Longtime aerospace analyst Scott Hamilton weighs in on Boeing's announcement that the end is near for the iconic jet.

Seattle Genetics revenue rises on drug sales, licensing agreements

Seattle Genetics announced higher revenue for the second quarter compared with the same period last year.

Migraine treatment company Alder reports loss, spends more on research

Bothell-based Alder BioPharmaceuticals announced a loss in its quarterly earnings report but said it had increased its research outlays.

Seattle Genetics names batch of new executives

Bothell cancer treatment company Seattle Genetics said it has hired and promoted a handful of new executives.

National Tech News

Musk 'master plan' may cost Tesla tens of billions of dollars

Unfriend and block: New consumer study finds declining enthusiasm for Facebook, Twitter

Grocery delivery startup Shipt raises $20M to compete with Instacart

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