Amazon closes $8.5B MGM deal, its second-largest acquisition ever 

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TODAY'S TOP STORIES

Amazon closes MGM deal: The tech giant’s $8.5 billion acquisition of the historic Hollywood studio, its second-largest ever, is a major boon for Amazon’s growing media arm. The deal will provide Amazon with more than 4,000 films and 17,000 TV shows that have collectively won more than 180 Academy Awards and 100 Emmys.

Podcast: With MGM deal, Amazon scripts its own Hollywood plot twist

Amazon Fresh goes green: The tech giant’s latest grocery store, opening in Seattle today, ushers in a benchmark for sustainability as the store aims to be certified as zero carbon.

Tech Moves: Seattle marketing vet Jessica Shapiro joins LiveRamp; Providence healthtech leader Aaron Martin returns to Amazon; and more personnel changes across the Pacific Northwest tech industry

Startup tackles homelessness: Pallet, an Everett, Wash., social purpose corporation, raised $15 million to expand its production of shelters made of hard, plastic panels that can temporarily house people experiencing homelessness.

Neu direction for Seattle startup: Co-founders Kwame Boler and Claudius Mbemba are pivoting from their two-sided marketplace to focus explicitly on housecleaners with a business-in-a-box tech platform called Spritz.

WeWork reopening Seattle location: The co-working space in the Ballard neighborhood will open April 4 after being shut down last year during a review of the company’s global footprint.

Navy awards $1.3M to Wave Motion: The funds will support the Everett, Wash.-based company’s efforts to develop its “jet-gun” launcher technology that could eventually be used to send payloads to space.

Thanks for reading, and have a great day. — GeekWire Managing Editor Taylor Soper, taylor@geekwire.com, and GeekWire reporter Kurt Schlosser, kurt@geekwire.com.
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