Monday, August 1, 2016

TechFlash: WA state sues Comcast; Expedia cuts campus costs; Uber's $500M deal

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TechFlash: Seattle's Technology News Source

Washington sues Comcast over 'pattern of deceptive practices'

Washington state Attorney General Bob Ferguson filed a lawsuit Monday against cable television and internet giant Comcast, alleging the company deceived millions of Washington customers to pad its own bottom line.

Expedia cuts cost of new Seattle campus in half

Originally, the company estimated in March the plan would cost between $1 billion and $1.2 billion.

Seattle-based Aptevo begins trading on Nasdaq

Emergent BioSolutions completed the spin out of its cancer research group, giving Washington state a new publicly traded biotech company.

ReachNow CEO: How region can improve transportation issues

Here are the four things cities should consider to help improve transportation in the Puget Sound region.

Patti Payne's Cool Pads: Stephen Elop's former home hits market for $5.3M

Once owned by the former Nokia CEO and Microsoft exec — and other top executives — this manse has an indoor/outdoor heated pool, regulation tennis and squash courts, a sports bar, and Xbox set ups all over the house.

Tesla announces details of $2.6B Solar City purchase

The deal would double Tesla's workforce to nearly 30,000 employees and the joint company would see $150 million in cost savings in the first year after closing the transaction.

Uber to invest $500M in global mapping project, report says

A report on Sunday said the San Francisco on-demand transportation company is trying to become less dependent on the mapping products of Google, as it moves to compete with the search giant on driverless cars.

How a new partnership will give some Washington hospitality companies a leg up

Industry, touted as the LinkedIn for the service and hospitality industry, is using a Washington partnership as a springboard to get its platform recognized nationally.

National Tech News

After Yahoo, Verizon announces $2.4B deal to bolster telematics unit

Uber sells China business to Apple-backed rival, gets another $1B in funding

Life sciences companies dominate M&A, fundraising activity in the Triangle

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