GeekWire - GeekWire Mid-Week Update

GeekWire Mid-Week Update

Top stories so far this week

FTC and 17 states sue Amazon for maintaining alleged monopoly power that stifles competition
The Federal Trade Commission and 17 state attorneys general filed suit against Amazon on Tuesday, alleging that the Seattle-based tech giant is a monopoly that abuses its power.
Hydrogen startup spins out of Bill Gates-backed R&D effort, lands $7.8M
Peregrine Hydrogen, a Santa Cruz, Calif., startup developing technology for producing clean hydrogen, raised $7.8 million in seed financing.
Meet the Seattle-area startups that just graduated from Y Combinator
Seattle-area startups that just graduated from Y Combinator’s summer 2023 batch are tackling a wide range of problems — with plenty of help from artificial intelligence.
Former Tableau execs launch new Seattle startup that helps companies manage cloud costs
Former Tableau CFO Damon Fletcher is coming out of retirement to launch a startup that helps tech companies get a hold of their cloud costs amid a surge in spending driven by artificial intelligence.
FTC targets alleged secret Amazon pricing algorithm ‘Project Nessie’ in antitrust complaint
The Federal Trade Commission’s antitrust lawsuit against Amazon alleges, for the first time publicly, that the company used a secret pricing algorithm known internally as “Project Nessie” to compete unfairly in the e-commerce market.
Fuse raises $250M for its second fund to supercharge more Pacific Northwest startups
Fuse is pouring more fuel on its fire. The Seattle-area venture capital firm raised $250 million for its second fund, a major swath of cash that will support early stage enterprise software startups across the Pacific Northwest.
Departing Amazon exec Dave Limp will become CEO at Jeff Bezos’ Blue Origin space venture
Jeff Bezos' Blue Origin space venture says Dave Limp, who is leaving his post as Amazon's chief of devices and services, will be its new CEO.
Zulily vendors say they’re not getting paid following company’s acquisition by private equity firm
Vendors working with Seattle e-commerce company Zulily say they are owed thousands of dollars in unpaid invoices.
Fire resistant, quake safe, climate friendly: Mass timber is on the rise as a construction alternative
When Seattle’s eight-story Heartwood Apartments opens to residents this fall, it will be Washington’s tallest timber building and the first in the U.S.
Seattle warehousing startup Flexe lays off 33% of workforce amid freight industry slowdown
Flexe, a Seattle logistics startup that hit a $1 billion valuation last year, has laid off 33% of its staff.
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Amazon-FTC case hinges on internal messages, business secrets

Wednesday, September 27, 2023

Ex-Microsoft leader Panos Panay to join Amazon | Flexe lays off 33% of workforce | Seattle mayor makes another bid for gunshot tech ADVERTISEMENT GeekWire SPONSOR MESSAGE: The GeekWire Summit returns

FTC targets alleged Amazon pricing algorithm ‘Project Nessie’

Tuesday, September 26, 2023

Former Tableau execs launch Seattle startup | Zulily vendors say they're not getting paid ADVERTISEMENT GeekWire SPONSOR MESSAGE: The GeekWire Summit returns October 19th! We're assembling some

FTC and 17 states sue Amazon, alleging tech giant is a monopoly

Tuesday, September 26, 2023

Breaking News from GeekWire GeekWire.com | View in browser BREAKING NEWS The Federal Trade Commission and 17 states filed a long-awaited lawsuit against Amazon on Tuesday, alleging that the Seattle-

Departing Amazon exec Dave Limp to become CEO at Jeff Bezos' Blue Origin space venture

Monday, September 25, 2023

Breaking News from GeekWire GeekWire.com | View in browser BREAKING NEWS Dave Limp (above), who is leaving his post as Amazon's senior vice president of devices and services, will take over in

Amazon’s huge AI investment | Fuse raises $250M fund

Monday, September 25, 2023

Meet the Seattle-area startups from Y Combinator's latest cohort ADVERTISEMENT GeekWire SPONSOR MESSAGE: The GeekWire Summit returns October 19th! We're assembling some of the top names in

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... ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏