Wednesday, August 24, 2016

TechFlash: Meet Tableau's new CEO; Apple's Turi acquisition hits 'sweet spot'

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TechFlash: Seattle's Technology News Source

​Meet Tableau's new CEO, the man who helped launch Amazon Web Services

Tableau Software will usher in its first changing of the guard in company history on Sept. 16, when longtime Amazon Web Services executive Adam Selipsky starts as the Seattle-based company's new CEO.

How Apple's $200 million acquisition of Seattle startup hits 'sweet spot'

"If you combine the machine learning power — the raw muscle of Turi — with Apple's 2 billion customers, then, hey, that's like a sweet spot of applying a new technology to a large set of customers," said Kitt.AI co-founder Xuchen Yao.

Seattle video company Panopto picks up $42.8M

Panopto CEO Eric Burns says his company has "found the ideal investor" in Sterling Partners.

EXCLUSIVE: After revenue loss and layoffs, Marchex's turnaround plan is threefold

Seattle advertising analytics company Marchex has had a rough couple of weeks, but CEO Pete Christothoulou has a plan to turn his company around.

Outerwall buyer to pay $52.7M to settle SEC charges

The U.S. Securities and Exchange Commission claims Apollo advisers reduced the value of portfolio companies and failed to adequately supervise staff, allowing a former partner to use portfolio company funds for personal use.

Microsoft's machine learning has chilling effect on cooling costs

A pilot program at the 500-acre Microsoft campus in Redmond is using artificial intelligence to cut the energy consumption by 15 percent.

Tech trouble: Citi mistakenly sends cancellation emails to some Costco cardholders

The Costco Visa card has had an anything but smooth transition and rollout. The latest – Citigroup mistakenly sent some active Costco members an email telling them their new co-branded Visa accounts had been closed.

National Tech News

Woz warns against Apple removing iPhones' headphone jack

Kobe Bryant's next move: A $100 million VC fund

Cambridge-born VC firm has some harsh words for Donald Trump

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