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Cancer research company Immune Design raises $60M in IPO

Trading on the NASDAQ under the ticker IMDZ, Seattle biotech company Immune Design today priced its initial public offering at $12 per share and raised $60 million. The company, which is working on novel technologies that activate the body’s immune system to fight cancer, had previously set its IPO range at $12 to $14 per share with… Read More

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Amazon employee buzzes Seattle’s Space Needle with drone

An Amazon.com employee allegedly flew a drone right past Seattle’s iconic Space Needle, sparking even more debate in a city which has grappled with how unmanned aerial vehicles fit into society The employee, who was visiting from out of town, told police that the drone did not hit the structure as some reports earlier indicated…. Read More

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GeekWire Calendar Picks: DeveloperWeek, Seattle Sports Tech Meetup, and more

San Francisco’s largest week-long tech event series is coming to Seattle. DeveloperWeek Seattle brings together hundreds of developers, technology executives, and startup founders “not just to learn new skills — but to build new apps, get jobs, and connect to the Seattle tech scene,” according to the event organizers. The week will kick off Friday… Read More

CEO Arry Yu (Photo via ArryinSeattle.com)

Startup Spotlight: GiftStarter uses a crowdfunding platform for group gifting

Arry Yu arrived at Seattle’s Startup Weekend in March armed with little more than an idea and a 60-second pitch. Over the course of the weekend she found a team and garnered the necessary votes to win first place. Three months later, with backing from Startup Next Seattle, GiftStarter.co was born. The three-person startup aims to personalize and simplify… Read More

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Amazon says Prime subscriptions growing ‘very nicely’ despite price increase

Amazon Prime subscriptions “are growing very nicely year over year” despite the company’s move to increase the rate of the annual subscription by $20 to $99/year, the company’s chief financial officer said on Amazon’s earnings conference call. The company added more Prime subscriptions in the second quarter than it did in the same quarter of… Read More

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Yammer co-founder David Sacks leaving Microsoft, two years after $1.2B acquisition

Yammer co-founder David Sacks is leaving Microsoft, and the team developing the business-oriented social network will be folded into the Office 365 and Outlook development teams. Sacks announced the news on Twitter this afternoon, and Microsoft confirmed the changes in a statement to ZDNet’s Mary Jo Foley. The company said in the statement: “As we’ve seen… Read More

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Q&A: Nokia HERE targets iOS and Android, expanding its role as the ‘location cloud’

The launch of Amazon’s Fire phone today marks an important step for Nokia’s HERE location-technology business, which is supplying the underlying mapping platform used by the new smartphone. But it’s just part of a broader expansion strategy for the Nokia-owned company — including the planned release of new consumer services for iOS and Android later this year. That’s one of the… Read More

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Oracle to hire 100+ engineers in Seattle for new cloud infrastructure center

Seattle’s status as a cloud engineering hub just went up another notch with Oracle’s announcement that it’s opening a new Cloud Infrastructure Development Center — aiming to hire more than 100 engineers for the new office in the heart of Seattle’s downtown core. The new Oracle office, which totals more than 17,000 square feet of space, will be led by… Read More

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Amazon expected to post loss as growth spurt continues

It’s a big day for Amazon, with the release of its Fire phone marking the company’s entry into the smartphone market, the latest symbol of its expansive ambitions in the technology world. This afternoon, investors will get a new glimpse of the company’s financial picture — demonstrating, once again, Amazon’s ability to run on very small… Read More

Selinger now serves as CEO of RichRelevance

Redfin settles stock dispute ‘peaceably’ with founder and former CTO, in run-up to possible IPO

A bitter stock dispute between Redfin and two of the company’s earliest employees has ended in a settlement agreement, terms of which are not being disclosed. Redfin co-founder Michael Dougherty and former CTO David Selinger alleged in a lawsuit in March that the fast growing company had moved to cancel their shares as it prepared for… Read More

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Car2go for bicycles: Here are the proposed stations for Seattle’s bike-sharing program

In about two months, a fleet of 500 rentable blue and green bikes will arrive in the Emerald City. Pronto! Emerald City Cycle Share will launch in Seattle this fall, providing bicycles that citizens can use to ride around town. To start, there will be 50 stations in four neighborhoods — University District, South Lake Union, Downtown and Capitol Hill… Read More

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Yes, Steve Ballmer is overpaying for the Los Angeles Clippers

Newsflash: Steve Ballmer is paying too much for the Los Angeles Clippers. ESPN obtained financial documents that reveal expected 2014 revenue for the Clippers, a team that Ballmer is set to purchase for $2 billion. The “bid book,” which was used by current owner Shelly Sterling as an exhibit in court, reveals that the Clippers should make… Read More

Munchery delivers meals prepared by professional cooks, like these Louisiana Crab Cakes.

A tasty trend or a bubble? Why investors and entrepreneurs are so bullish on food delivery

Back in 2011, when Scott Stanford and Shervin Pishevar led separate investments in Uber’s $37 million Series B round back in 2011, fellow investors and other friends scoffed. “Why are you guys investing in a limo company?” the naysayers asked. While Uber is now operating in 128 cities and valued at $18 billion, Stanford and Pishevar went on to start… Read More

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Uber app arrives on Microsoft’s Windows Phone

Uber, the popular on-demand ride service, launched its first native Windows Phone app today, filling a notable gap in Microsoft’s mobile marketplace. The app, available here, works in the same way as Uber’s existing apps for iPhone and Android, letting users request, track and pay for a ride via the app. Previously, Windows Phone users needed… Read More

Credit: Steven Depolo via Flickr.

Why Comcast just added a $1.50 ‘Broadcast TV Fee’ to your monthly bill

At the beginning of this year, Comcast began charging customers a controversial new fee of $1.50 to cover the costs of certain programming. Called the “Broadcast TV Fee,” the new line item has just started appearing on the bills of Washington state residents to the ire of local customers. Besides price hikes typically upsetting customers, this one… Read More