GeekWire - GeekWire Mid-Week Update

GeekWire Mid-Week Update

Top stories so far this week

Tech Moves: Microsoft Teams exec lands at Google; LeoStella names CEO; and more
— Kristina Behr, a former exec at Microsoft, joined Google as vice president of product management for collaboration and apps at Google Workspace.
Washington Supreme Court case for controversial capital gains tax begins this week
The Washington state Supreme Court will hear arguments this week on whether a statewide tax on capital gains in excess of $250,000 is lawful.
Amazon robotics leader Siddhartha Srinivasa leaves to join self-driving vehicle venture Cruise
— Siddhartha Srinivasa, a leading robotics expert and professor at the University of Washington, has left his position as director of Robotics AI at Amazon to join Cruise, General Motors’ autonomous-vehicle subsidiary.
The power dynamics behind tech job cuts: How layoffs are changing the realities of the past decade
One of the defining tech industry trends of the past decade, along with the meteoric expansion of big companies and their insatiable appetite for talent, was the growing influence of engineers who commanded ever-increasing salaries.
Just how bad is Microsoft’s bottom line? Earnings report will be closely watched after job cuts
Microsoft is seeing customers “optimize their digital spend to do more with less,” and “exercise caution” in the face of an uncertain economy, CEO Satya Nadella said in a memo last week, announcing 10,000 job cuts.
Former Uber engineers raise $26M for DevOps startup DevZero
DevZero, a year-old Seattle software development startup led by former Uber engineers, announced $26 million in funding and general availability of its platform that aims to make it easier for developers to write code in the cloud.
Amazon offers generic drugs for $5 monthly fee with Prime, expanding healthcare arm
Amazon is offering a new healthcare service, RxPass, that lets Amazon Prime members access multiple generic medications for a flat monthly fee of $5.
Microsoft cloud revenue up 22%, Windows business plunges 27% in first report since job cuts
Microsoft’s revenue rose 2% to $52.7 billion in its second fiscal quarter, just missing Wall Street’s expectations, and profits dropped 7% to $17.4 billion, not counting a special charge related to its layoffs — providing a glimpse of the growing economic uncertainty that the company cited in announcing the cutbacks last week.
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