Tuesday, October 11, 2016

TechFlash: Cyanogen swaps out CEO; Oki sells golf courses for $137M

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TechFlash: Seattle's Technology News Source

Cyanogen swaps out CEO as it dumps plan for full operating system

The move comes after a tumultuous summer at the Seattle startup that had raised $180 million in venture funding.

Former Microsoft exec sells eight Puget Sound-area golf courses for $137M

The new owner of 1,880 acres of Seattle-area golf courses was among several potential buyers, Oki Golf founder Scott Oki said.

EXCLUSIVE: 40 Seattle-area business leaders share thoughts on the economy, growth and leadership

Each week, the Puget Sound Business Journal interviews a prominent business leader who is having an impact on the region's economy. Here are the highlights from the 40 leaders we've spoken to this year.

Expedia, Starbucks, Costco among Washington's highest-paid CEOs

The 25 highest-paid CEOs of Washington's public companies received a collective 26 percent pay raise last year.

Microsoft, Amazon use the same tax tool as Trump to cut federal income tax

The Internal Revenue Service has long allowed companies to claim losses to offset some of their tax liability. The tool – called "net operating loss carryforwards" – would have allowed Donald Trump to wipe out more than $50 million a year in taxable income over 18 years.

Amazon cargo partner strikes deal with Boeing to convert nine 767s into air freighters

Amazon partnered with Atlas Air Worldwide Holdings Inc. for cargo delivery services in May. Under the deal, Atlas Air (NYSE: ATSG) will operate 20 Boeing 767-300 cargo planes for the Seattle-based e-commerce giant.

Sir Richard's revenge: Virgin Atlantic begins Seattle-London service in March 2017

Virgin's bright red aircraft tails won't disappear from Seattle-Tacoma International Airport even if Alaska Air dumps the Virgin America brand when it takes over the California airline.

VICIS, maker of the anti-concussion football helmet, snags $4 million from Concur CEO, NFL players

Seattle-based football helmet maker VICIS has raised $4 million in new funding that will be used to scale production of the company's ZERO1 helmet early next year. Thirty-five individuals participated the round, including current and former NFL players and brain and spinal surgeons. Steve Singh, CEO of Concur and SAP managing board member was one of 10 new investors backing the company.

National Tech News

Startup's app delivers personal trainers to road warriors

Cyanogen swaps out CEO as it dumps plan for full operating system

Artificial intelligence: 3 things to know about St. Louis' place in AI development

Tech company moving to Wright Dunbar

Emeryville startup gets $130 million to build a better microbe

Facebook takes wraps off its Slack killer

These New Yorkers made LinkedIn's list of top professionals under 35

Pitney Bowes relocating to new offices next year

Why Charlotte's newly renovated Marriott hotel is the first of its kind (PHOTOS)

Austin tech startup for insurance industry moving to San Antonio

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