Security firm sues Microsoft | Highspot layoffs

Security dispute: A security firm alleges that Microsoft misused its database of more than 360 million compromised account logins and passwords, culled from the dark web. 

• Hold Security says Microsoft didn't keep its promise to destroy copies of credentials not associated with Microsoft logins after using them to help secure its own customers.

• The suit, filed in Seattle this week, touches on two of Microsoft's biggest acquisitions, LinkedIn and GitHub; a Twitter exchange between two well-known figures in cybersecurity; and the tech giant's efforts to disrupt the Trickbot malware.

• Microsoft says the allegations mischaracterize its agreement with the firm, and the company plans to ask the court to dismiss the suit. Read more. 

M&A news: 

• Firefly Aerospace acquired Bellevue, Wash.-based Spaceflight Inc. and will shift the operation’s focus from satellite rideshare logistics to its line of orbital transfer vehicles. Read more. 

• WebMD Health Services is paying $75 million to buy Limeade, the Bellevue-based employee experience company founded in 2006. Read more. 

Seattle-based sales software startup Highspot laid off 15% of its workforce. It’s the company’s second headcount cut this year. Read more. 

Rent a tent: Marketplace startup GeerGarage wants to play matchmaker between people going on outdoors trips and those with equipment to lend. Read more. 

Hot links:

• Doug Burgum, the governor of North Dakota and a former Microsoft exec, is running for president. (New York Times)

• Not your ordinary 14-year-old: This whiz-kid just graduated college and is moving to the Seattle area to work for SpaceX. (KIRO 7)

• 40-day fast: Former Seattle Seahawks lineman Russell Okung is in the midst of his second 40-day fast – no food, just water. (Twitter)