GeekWire's Most-Read Stories of the Week

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THIS WEEK'S TOP STORIES

Satya Nadella details Microsoft plan for ‘significant additional investment’ in employee compensation
Microsoft plans to nearly double its global budget for merit-based salary increases, and increase its range for annual stock-based compensation by at least 25% for employees at the senior director level and below.
Starbucks’ app is down and coffee drinkers are freaking out
It was a rough Thursday morning for Starbucks customers who rely on the company’s app to order their Frappuccinos and egg bites.
With sweeping pay increase, Microsoft attempts to retain talent in competitive tech job market
Microsoft’s plan to significantly boost merit-based raises and stock-based compensation for its employees and middle managers shows just how challenging it has become to keep a tech workforce intact given the larger dynamics playing out in the global economy and the job marketplace.
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Succeeding in the Subscription Age

J.P. Morgan breaks down critical elements needed to craft and master the adoption of a subscription-based revenue model. From customer acquisition to customer retention, it takes much more than a compelling product or service to expand a brand through the use of subscription. There’s tremendous value in implementing an end-to-end process that balances content strategy with payment strategy. Read more.

Economic uncertainty starts to hit tech job market with reports of hiring slowdowns, rescinded offers
Concerns about an economic slowdown, fueled by factors including inflation and a declining stock market, are starting to be felt by individual tech job seekers as some companies start to put the brakes on their employment growth.
Major League Cricket secures $120M funding from Microsoft CEO and others to launch in U.S.
Major League Cricket is tapping into the tech and business communities to secure major funding for its planned launch in the U.S.
Tech CEO lost his backpack, laptop, passport and more — but found a calling in Twitter storytelling
In addition to writing code, Hadi Partovi should teach more people how to write suspenseful mysteries on Twitter.
Online retailer Zulily lays off corporate workers as parent Qurate aims to cut expenses
Online retailer Zulily laid off corporate employees last week as its parent company looks to cut costs amid broader industry concerns related to e-commerce growth.
Seagen CEO and co-founder Clay Siegall resigns following domestic violence arrest
Clay Siegall has resigned as CEO and chairman of Seagen in the midst of domestic violence allegations, more than 24 years after the biotech veteran helped start the publicly traded Seattle-area company.
On visit to Seattle, Iceland’s president has a message for Amazon and Microsoft
Don’t forget about the less common languages when building digital devices and software.
Uncrewed Boeing Starliner capsule links up with space station after ‘excruciating’ wait
Boeing’s CST-100 Starliner space taxi docked with the International Space Station for the first time today during an uncrewed flight test, marking one more big step toward being cleared to carry astronauts to orbit.
Pentagon boosts two Seattle ventures working on nuclear-powered prototypes for space applications
Two Seattle companies have won Pentagon contracts to develop nuclear-powered prototypes for space applications, with orbital demonstrations set for 2027.
This Seattle startup backed by American Express wants to be the ‘LinkedIn of accounting’
Seattle-area giants including Concur, Avalara, and DocuSign changed the way companies automate their essential business processes.
Flying Fish raises $70M fund and will cast net beyond Seattle to back more AI/ML startups
The news: Seattle-based venture capital firm Flying Fish landed $70 million for its second fund to invest in more early-stage machine learning and artificial intelligence startups — both in its backyard and across the country.
Meet the Seattle-area teen geeks that just won awards at an international science fair
The bleak and all-too-common spectacle of roadkill was upsetting to Vedant Srinivas — particularly when his uncle and cousin’s beloved German Shepherd-Rottweiler mix was fatally hit by a car.
Seattle smart shopping cart startup Veeve, led by ex-Amazon engineers, rolling into Albertsons
Veeve, a Seattle-based startup launched by two ex-Amazon managers, is partnering with Albertsons to bring its smart shopping cart technology to the grocery chain.
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How startups can survive turbulent times | Boeing’s uncrewed capsule links up with space station

Saturday, May 21, 2022

Tech companies rescind job offers amid economic uncertainty | Seattle teens win at international science fair ADVERTISEMENT GeekWire SPONSOR MESSAGE: Did you miss the Pacific Northwest's annual

Economic uncertainty starts to hit tech job market with reports of hiring slowdowns, rescinded offers

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Breaking News from GeekWire GeekWire.com | View in browser BREAKING NEWS Friday, May 20, 2022 Concerns about an economic slowdown, fueled by factors including inflation and a declining stock market,

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Study details gig worker pay in Seattle | Boeing Starliner blasts off for test flight ADVERTISEMENT GeekWire SPONSOR MESSAGE: Did you miss the Pacific Northwest's annual startup and technology

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Thursday, May 19, 2022

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