Get caught up on the latest technology and startup news from the past week. Here are the most popular stories on GeekWire for the week of April 28, 2024.
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Most popular stories on GeekWire
Prudential to shut down Assurance, the insurance tech startup it acquired for $2.35B in 2019
Insurance giant Prudential is shutting down Assurance IQ, five years after spending $2.35 billion to acquire the under-the-radar tech startup based in the Seattle region. … Read More
DoorDash rips Seattle over minimum wage law; reports record quarterly revenue of $2.5B
DoorDash dedicated two large paragraphs of its first quarter earnings report and spent several minutes on a call with analysts to voice opposition against controversial minimum wage laws for delivery drivers in Seattle and New York City. … Read More
Amazon earnings preview: Advertising and AWS expected to continue fueling profits
Amazon reports its first quarter earnings on Tuesday. … Read More
Amazon stock rises as Q1 earnings top estimates with $143.3B in revenue; AWS sales up 17%
Amazon topped estimates for its first quarter earnings, reporting $143.3 billion in revenue, up 13% year-over-year, and earnings per share of $0.98. … Read More
Microsoft will base part of senior exec comp on security, add deputy CISOs to product groups
Microsoft is changing its security practices, organizational structure, and executive compensation in an attempt to address a series of major security breaches, under growing pressure from government leaders and big customers. … Read More
Seattle TV station says enough already with the AI and Photoshop-generated zebra memes
At the risk of beating a not-dead, just-missing zebra, here’s another story about the story that won’t quit this week. … Read More
Tech Moves: Docker and Qualtrics leaders join Seattle startup Mason; Beyond adds Zulily director
Mason, a Seattle startup that offers a hardware-software platform for companies managing device fleets, hired Webb Stevens as its new CEO and John Thimsen as its new CTO. … Read More
Amazon Q adds feature to create AI apps using natural language
Amazon says it will give non-developers the ability to create apps using natural language as part of a new feature for Amazon Q, the AI assistant unveiled by Amazon Web Services last fall. … Read More
This startup just raised funding to turn wood pulp into sustainable, biodegradable plastics
A Vancouver, B.C.-based startup making biodegradable plastics out of wood pulp has raised up to $5 million from Brazil’s Suzano Ventures, the investment arm of a manufacturing giant turning farmed eucalyptus trees into pulp. … Read More
Internal memo: Microsoft CEO Satya Nadella delivers a new mandate on security
This is the text of Microsoft CEO Satya Nadella’s internal memo sent to employees Friday, May 3, about the company’s new security initiatives, expanding on Microsoft Security leader Charlie Bell’s public blog post on the topic. … Read More