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Amazon: Why $9.99 e-books are better for everyone, including Hachette

Amazon has gone public with new details about its high-profile standoff with book publisher Hachette, confirming that the e-commerce giant is trying to lock in a standard price of $9.99 for e-books — and making the case that the lower price is actually better for everyone involved, including the publisher. “Many e-books are being released at $14.99 and even $19.99,”… Read More

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Microsoft’s Windows Phone gets ‘Live Folders’ on Start screen

Windows Phone users, your folders have arrived. Microsoft announced the first update to Windows Phone 8.1 this morning, including a feature that will let users organize the Live Tiles on their Start screens into “Live Folders,” as the company is calling them. It’s the latest example of Microsoft doing its own spin on features previously released… Read More

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Amgen to shutter giant Seattle waterfront campus

Biotech giant Amgen says it will close its facilities in the Seattle region — including its 40-acre waterfront campus on Elliott Bay, inherited with its acquisition of Immunex more than a decade ago. The closure of the sites in Seattle and Bothell, Wash., was announced by the company this afternoon as part of a broader plan to cut between 2,400… Read More

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Cray shares down 3% after Q2 earnings beat expectations with $85M in revenue

Seattle-based supercomputer maker Cray beat Wall Street’s expectations with its second quarter earnings report, posting $85.1 million in revenue and earnings of ($0.18) per share. Analysts had predicted $74 million in revenue, with a ($0.30) earnings per share. Still, shares of Cray were down in after-hours trading on Tuesday by more than 3 percent. Revenues for… Read More

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Inside Microsoft’s hackathon: Big ideas and new traditions at a tech giant in transition

Each fall, for many years, Microsoft employees have bundled up and made the trek to Seattle’s Safeco Field to listen as top executives attempted to inspire them with a vision for the company’s future. Satya Nadella is replacing that tradition with a new one: Under sunny summer skies in Redmond on Tuesday morning, the new Microsoft CEO cranked a siren to start a… Read More

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Zillow to pay up to $150 million termination fee if blockbuster Trulia acquisition falls apart

Zillow’s whopping $3.5 billion bid for rival Trulia still faces regulatory scrutiny and shareholder approval, hurdles that Zillow CEO Spencer Rascoff said he does not believe will get in the way of the company’s biggest acquisition ever. Even so, if the deal falls apart, Zillow must pay a termination fee of $150 million to Trulia. Under… Read More

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Ex-Diapers.com CEO raises $55M for Jet, looks to battle Amazon with new online ‘shopping experience’

Amazon.com made a bold move three years ago, buying the parent company of Diapers.com for a reported purchase price of more than $500 million. Last year, technology journalist Brad Stone — writing in his book The Everything Store — uncovered some of the heavy-handed tactics that Amazon utilized to take over the fast-growing upstart. Now,… Read More

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Twitter stock surges by 30% after Q2 earnings beat expectations

Twitter shares are up more than 30 percent in after-hours trading after the social media giant posted better-than-expected second quarter earnings. Twitter beat Wall Street’s predictions for both revenue ($312 million, up 24 percent year-over-year) and earnings per share ($0.02). Analysts expected revenue of $283 million and an earnings per share of -$0.01. The company also reported 271… Read More

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Amazon Fresh expands grocery delivery to San Diego

Amazon Fresh continues its expansion across the West Coast, announcing today that it is opening its grocery delivery service in San Diego. With the new service now available in San Diego, customers can pick among 500,000 products, from milk and cheese to shampoo and batteries. Operated as a test in the Seattle area for five… Read More

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Microsoft hires high-ranking Qualcomm exec Peggy Johnson, report says

Microsoft has hired a high-ranking Qualcomm executive, Peggy Johnson, who most recently oversaw the semiconductor company’s strategic partnerships and its initiatives to commercialize new technologies, according to a report by Re/code, citing unnamed sources. The hire hasn’t yet been confirmed by either company, and Johnson’s expected position at Microsoft isn’t known. It would be one of the first big… Read More

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Biotechnology investor Accelerator Corp. lands $51 million, expands in New York City

Accelerator Corp, the Seattle biotechnology investment fund started in Seattle 11 years ago, has raised $51.1 million in capital as part of a first closing of its fourth fund. Accelerator also announced plans to expand operations in New York City with new offices at the Alexandria Center for Life Science in Manhattan’s East Side Medical Corridor…. Read More

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First look at ‘Atari: Game Over,’ a Microsoft-funded documentary about the worst video game of all time

At San Diego Comic-Con, Microsoft released the first trailer for “Atari: Game Over,” a documentary about the rise and fall of Atari, and the renowned gaming company’s utter failure to make a commercial success out of its game version of “E.T.” It’s the first episode in “Signal to Noise,” a series of documentaries for its… Read More

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We ordered lunch on Amazon, and here’s what it was like

Amazon.com is certainly no stranger to the food market, having delivered groceries to the doors of customers in Seattle — and more recently California — for the past several years via Amazon Fresh. Now the Seattle giant is taking it one step further with a new food takeout service powered by its Amazon Local mobile app. Unlike many… Read More

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Real estate dominance: 5 reasons why Zillow is paying a big premium to buy Trulia

Why did Zillow buy its longtime rival Trulia? Stock analysts, financial journalists and real estate professionals are chewing on that one today, pontificating on the blockbuster $3.5 billion all-stock deal. I’ve watched Zillow and Trulia aggressively compete since they were started nearly 10 years ago, engaging in messy patent fights and plenty of boastful talk. With those… Read More

A manhole cover in Seattle’s University District marks one of the access points for the Seattle's existing fiber-optic network, which was to be leveraged by Gigabit Squared to provide high-speed Internet to homes and businesses in the city. That partnership fell apart in December.

City of Seattle sues Gigabit Squared for unpaid bill of $52,250 after botched broadband deal

Not only did Gigabit Squared fail on its promise to bring ultra-fast broadband to Seattle last year, but the company also left the city with an unpaid bill of $52,250. Now, the city wants that money — and it’s taking Gigabit Squared to court in order to get it. As we reported back in January, financial problems forced Cincinnati-based… Read More

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LightInTheBox streamlines workforce at Ador following acquisition

Ador, the Seattle-based online fashion startup formerly known as Lockerz, has streamlined its staff following an acquisition earlier this year by Chinese e-commerce company LightInTheBox Holdings. The number of layoffs were not disclosed, but a spokesman for LightInTheBox tells GeekWire that the Seattle office remains open. “LITB aims to reallocate and streamline its workforce from time-to-time… Read More

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Airbnb targets business travelers, inks partnership with Concur

Airbnb wants to reach more business travelers and today announced a new partnership with Bellevue-based travel expense company Concur. Business travelers who use Concur’s TripLink booking service will be able to reserve Airbnb listings straight from Concur’s platform and have their expense reports automatically updated to TripLink. It’s part of a new push from Airbnb toward… Read More

Zillow for Pros

Zillow buying Trulia: An industry perspective

Zillow announced that it plans to buy Trulia today for $3.5 billion, positioning the combined company as the unquestioned leader in the online real estate space. What does this deal mean for the real estate industry? And, more specifically, what does it mean for the real estate brokerages and agents who are their paying customers like… Read More