GeekWire's Most-Read Stories of the Week

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THIS WEEK'S TOP STORIES

Convoy collapse: Read CEO’s memo detailing sudden shutdown of Seattle trucking startup
Convoy’s plan to transform the trucking industry has come to a screeching halt.
Report: Amazon will use Microsoft 365 cloud productivity tools in $1B ‘megadeal’
Amazon has committed more than $1 billion to license Microsoft 365 cloud productivity software for 1 million of its corporate and frontline workers in a surprise “megadeal” between the crosstown rivals, Insider reported Tuesday, citing an internal document and a person familiar with the matter.
Convoy reportedly cancels shipments as questions swirl about status of Seattle trucking marketplace
Seattle-based trucking marketplace company Convoy has paused shipments, leaving the future status of the company unclear.
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Writers respond to Marc Andreessen’s AI optimism with their own manifesto: ‘It’s mostly nonsense’
The reviews for "The Techno-Optimist Manifesto" on AI have come in from award-winning writers at the GeekWire Summit, and they're not great.
‘The markets crushed us’: In tearful farewell to employees, Convoy execs reflect on shutdown
Convoy CEO Dan Lewis, eyes watery from an emotional speech, said goodbye.
Inside Amazon’s Rivian electric van: A greener, quieter ride — and a sliding door fit for Star Trek
For 25 years, my dad delivered packages for UPS in one of the company’s classic, boxy, brown trucks.
Duolingo for AI: Seattle startup wants to teach people how to use generative tools like ChatGPT
As a project leader at Boston Consulting Group, Rene Bystron quickly incorporated generative AI tools like ChatGPT, Claude, and Midjourney into his daily workflow.
JPMorgan Chase’s Seattle tech hub tops 320 people amid broader industry cooldown
Five years after opening in Seattle, the bank's downtown tech hub is still growing, benefitting in part from tech industry layoffs.
Logistics giant Flexport lays off 165 people from Bellevue office as part of larger cuts
The layoffs at Flexport are hitting the company’s Seattle-area office, with 165 employees affected, according to a new filing Monday with the Washington state Worker Adjustment and Retraining Notification (WARN) system.
After selling health tech startup, Seattle entrepreneurs pursue financial planning software
Seattle tech vets Nirav Shah and Jorge Sanchez paid around $1 million to buy a majority stake in financial planning website PhysicianonFire and plan to broaden the platform’s offerings by launching a suite of new personal financial management tools.
UW struggles with new cloud-based finance system, highlighting IT migration difficulties
The University of Washington’s troubles with a $340 million IT upgrade is sparking commentary on why software migration projects often go wrong.
‘This is Microsoft’s moment’: Satya Nadella details ‘new era of AI’ in annual shareholders letter
Microsoft CEO Satya Nadella focused on artificial intelligence in his annual shareholders letter published Thursday, detailing why “this is Microsoft’s moment.”
Seattle startup Rec Room targets teenage Canadian game hacker in new lawsuit
The makers of the popular social app Rec Room filed a lawsuit in Seattle this week against a teenage user of the service, alleging that he has a long history of harassment and has created multiple cheat tools to enable bad actors on the platform.
Hiive, which offers a marketplace to buy and sell shares of private tech companies, lands $4.2M
Vancouver, B.C.-based startup Hiive raised $4.2 million in fresh cash for its marketplace that allows investors and employees to buy and sell shares of privately held venture-backed companies in the secondary market.
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The end of the road for Convoy is a cautionary tale for startups and investors

Saturday, October 21, 2023

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Friday, October 20, 2023

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'The markets crushed us.’ Convoy leaders address employees in internal call

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GeekWire Startups Weekly

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News, analysis, insights from the Pacific NW startup ecosystem View this email in your browser Presented by CIBC 'The markets crushed us': In tearful farewell to employees, Convoy execs reflect

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Thursday, October 19, 2023

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