TechFlash: Apple acquires Seattle AI startup; Wal-Mart buys Amazon competitor

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What Wal-Mart's $3.3B Jet.com acquisition means for Amazon The deal, still pending regulatory approval, would bolster Wal-Mart's efforts to upend Amazon as the Seattle online retailer continues to erode business for physical stores. It's expected to close later this year. Apple reportedly acquires Seattle-area startup Turi for more than $100M The acquisition of a Seattle-area machine learning startup by Apple would help bolster the region's prominence in the emerging industry. 'Collaborenemies:' Bay Area's Okta opens Bellevue office to be closer to AWS, Microsoft Right now, the identity management company has as many as 35 local employees and plans to grow aggressively in the region, hiring for roles from engineering to marketing. Boeing rival Airbus target of UK Serious Fraud Office probe Airbus says it is cooperating with criminal probe by the UK Serious Fraud Office. Delta Air Lines resumes limited departures after grounding flights Delta said large-scale cancellations are expected today. Boeing rival Bombardier reports greater than expected loss, slashed order for C-Series jet The Canadian company disclosed the surprise "restructuring" of a big C Series jet order by a Russian leasing firm after its second quarter closed National Tech News This big biotech boosts its deep Bay Area cancer-fighting portfolio From taxis to drones, Hailo's CEO launches on-demand service Verifly After fatality, autonomous car development may speed up

Connect with us   Companies in the News Jet U.S. Department of Revenue Goldman Sachs Amazon Wal-Mart Apple University of Washington Madrona Venture Group Microsoft Allen Institute for Artificial Intelligence Turi Amazon Web Services Regus Okta Boeing Airbus UK Serious Fraud Office Airbus Group BA Delta Air Lines Inc. Bombardier Inc. United Technologies Inc. Ilyushin Finance Co.

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