GeekWire Mid-Week Update, Presented by ALLtech

GeekWire Mid-Week Update

Top stories so far this week

Redfin laying off 8% of workforce due to ‘market conditions’ as real estate demand cools
Seattle real estate company Redfin announced Tuesday that it is cutting about 8% of its workforce, acknowledging that a housing downturn in the U.S.
Seattle jumps to No. 9 in global startup ecosystem rankings
Seattle ranked ninth in the Startup Genome’s annual global startup ecosystem rankings, up one position from its spot last year.
What this software engineering leader learned working peak season at an Amazon warehouse
Philip Su, a software engineering leader turned non-profit founder, decided to shake up his life last fall — seeking an antidote to his seasonal depression in a job with more structure and less pay than he had experienced in many years.
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Here’s what young entrepreneurs and investors think about crypto
Crypto has gone mainstream. Once an esoteric investment held by a select group of people on the internet, it’s now something many investors hold in their portfolio.
Amazon will finally deliver packages via drone for the first time in the U.S. later this year
Nearly a decade after first revealing its plan to deliver items via drones, Amazon is finally putting its technology to the test with deliveries to real U.S.
From ‘hippies’ to heavy hitters: This social good platform bolstered its C-suite, raised $47M
New funding: Submittable, a company that helps corporations, governments and nonprofits manage their programs focused on social good, today announced $47 million in new venture capital.
Echodyne radar venture flies higher with $135M funding round led by Bill Gates and Baillie Gifford
KIRKLAND, Wash. — Echodyne, the radar platform company backed by Microsoft co-founder Bill Gates, is announcing its biggest influx of funding to date: a $135 million round co-led by Gates and Baillie Gifford, a high-profile investment management firm based in Scotland.
Top life sciences cities: Seattle at No. 9 in latest rankings as industry employment booms
The number of life sciences researchers in the Seattle area grew 24% from 2015 to 2020, part of a nationwide boom, according to a report released Monday by CBRE.
‘Starfield,’ Kojima, Riot Games: Everything you need to know from Microsoft’s Xbox showcase
Microsoft’s gaming division and its partner studios released a 90-minute pre-recorded presentation on Sunday, the Xbox & Bethesda Games Showcase, that announced many of the games coming to the Xbox platform in the next 12 months.
Oren Etzioni stepping down as CEO of Allen Institute for AI after nine years at research hub
Oren Etzioni, the founding CEO of Seattle’s Allen Institute for AI, is stepping down from the artificial intelligence research organization he helped launch nearly nine years ago.


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10 stories from the team at Storythings View this email and the newsletter archive in your browser 10 stories we've enjoyed this week Illustration by Soofiya – Work with Soofiya Hi All, Just one