Traffic may be getting worse, but it’s a good indicator of a rebounding economy. That’s the latest from Kirkland-based traffic data company INRIX, which just released its sixth annual Traffic Scorecard Annual Report. The company found that after two years of declining traffic congestion, including a 22 percent decrease in 2012, gridlock is increasing through the first few… Read More…
It’s a good thing we got out of the newspaper business. According to a survey out today from CareerCast.com, newspaper reporter ranks as the worst job in America. “Ever-shrinking newsrooms, dwindling budgets and competition from Internet businesses have created very difficult conditions for newspaper reporters, which has been ranked as this year’s worst job,” the… Read More…
Valuations at startup companies continue to increase, even though venture capitalists aren’t cashing out on deals as frequently as they’d like. According to a new report out this week from PitchBook, valuations in angel/seed, early stage and late stage all increased versus 2011 levels. Meanwhile, deal flow declined and the number of venture-backed companies completing IPOs… Read More…
In the tech industry, we’ve been seeing a steady stream of hiring for several years now. In fact, companies like Amazon.com, F5 Networks, Tableau, Zillow and others in the region continue to fight hard for the very best talent. The market is so red hot that Google earlier this month announced plans to double the… Read More…
University of Washington computer science professor Ed Lazowska is known for his strong opinions. And he got to share some of those Thursday, testifying before the House Science, Space and Technology Subcommittee on Research and Science Education. Lazowska’s main point: Federal research dollars play a critical role in helping to spark innovation. Lazowska was making… Read More…
Governor Jay Inslee was sworn into office less than a month ago. Is it time for him to take a roadtrip? I bring this up after reading about Texas Governor Rick Perry’s crusade in California, a controversial jobs campaign in which he’s touting Texas by slamming California. “Building a business is tough. But I hear building a… Read More…
Flowroute, which provides wholesale voice-over-Internet services to businesses, has moved its headquarters from Southern California to Seattle. The company cited Seattle’s favorable tax rates and low cost of living as reasons for the move, as well as the general “vibe” of the city, close to hiking and biking trails. Washington state is one of the… Read More…
Washington state is a great place to live if you’re wealthy. But the state’s tax system — which does not have an income tax and is heavily reliant on sales taxes — isn’t too sweet if you’re poor. That’s the conclusion of a new report issued this week by the Institute on Taxation & Economic Policy,… Read More…
Tolling of the Interstate 90 is inching toward reality, with the Washington State Department of Transportation saying that it is continuing to investigate whether to implement tolls on the floating bridge. For the past year, drivers in the Seattle metro area have had a clear choice: Jump on the state route 520 bridge where heavy… Read More…
“The fastest way if you are in the 99 percent and want to join the one percent … is to learn computer programming.” Those were the words earlier this week from Seattle entrepreneur and angel investor Hadi Partovi who launched a new non-profit called Code.org to boost awareness around computer science education in the U.S…. Read More…
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Join Washington’s innovation community on May 29th at the Sheraton Seattle Hotel for a keynote conversation with one of Seattle’s most prolific and successful entrepreneurs: Rich Barton, co-founder of Zillow and Glassdoor and founder of Expedia. Networking begins at 11 am; program is 11:30 am – 1:30 pm. Presented by the Technology Alliance.
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